Aviation Fuels & Additives Market

Aviation Fuels & Additives Market by Application (Civil Aviation, Military), by Fuel Type (Avgas, Jet Fuel), by Additive Type (Deposit Control, Anti-Icing, Corrosion Inhibitor and Lubricity Improver, Biocides, Anti-Oxidants, Dyes & Maker, and Others) - Forecast & Analysis to 2015 - 2020

Report Code: AS 2830 Sep, 2020, by marketsandmarkets.com
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The aviation fuels and additives market has great potential to grow, at a projected CAGR of 9.4% from 2015 to 2020. This report provides qualitative and quantitative information about the aviation fuels & additives market. It identifies the market application gaps, emerging technologies, the need for new product launches, and high potential geographic regions and countries. It also provides a segmentation of the market, tracking the market size, market share, revenue projections, and financial portfolio, covering a broad spectrum of the aviation fuels & additives market.

Increase in demand for pilot training and surveillance aircrafts in military and civil applications are some of the key factors that are fueling the growth of this market. Increasing efficiency of the jet engines, use stimulators for training and reduced economic prospects of the developed regions are some of the factors hampering the growth of the aviation fuels and additives market. The purpose of the aviation fuels and additives market report is to identify various types and technologies involved, and the major drivers & restraints of the market. The key players of the aviation fuels and additives market are covered in the report.

Reducing the carbon footprints is an important task for the aviation industry; the industry has been working on the development of alternative fuel to the aviation fuel. One of the alternatives that can be used is biofuels which in their entire production cycle has lesser carbon emissions. The companies that could include the biofuels in their operations stand opportunities for tapping the growth of the aviation fuel additives.

Emerging markets include nations such as China and India which have become attractive for companies in the development of supply chain and distribution network for the aviation fuel. In 2014, Exxon Mobil Corporation held the dominant position in the global market. It has maintained this position by adopting strategies such as acquisitions and strategic contracts over the period of the last three years. Other key players include Royal Dutch Shell Inc., Sinopec, and BP Plc which held a noticeable market share.

Apart from the general overview of the companies, this report also provides financial analysis, products, services, and the key developments of the major players in the industry. The industry value chain, market revenue, and volumes are determined through primary and secondary research. All percentage shares, splits, and breakdowns are determined using secondary sources and verified through primary sources.

In a nutshell, this research report is consolidated business intelligence on the aviation fuels and additives market. It will also help the marketing and distribution companies into aviation fuel supplying the and its stakeholders to identify hot revenue pockets in this market.

Scope of the Report

This research report categorizes the global aviation fuels and additives market into the following segments and sub-segments:

Aviation fuels and additives Market, by Application

  • Civil Aviation
  • Military

Aviation Fuel and additives Market, by Fuel Type

  • Avgas
  • Jet Fuel

Aviation Fuel and additives Market, by Application

  • Civil
  • Military

Aviation Fuel and additives Market, by Additives type

  • Deposit Control Additives
  • Anti-Icing
  • Corrosion Inhibitor & Lubricity Improver
  • Biocides
  • Anti-Oxidants
  • Dyes & Maker
  • Others

Aviation Fuel and additives Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • Russia
    • France
    • Others
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Others
  • Middle East
    • UAE
    • Saudi Arabia
    • Qatar
    • Iran
    • Others
  • Rest of the World
    • Brazil
    • Mexico
    • South Africa
    • Others

The global Aviation Fuels & Additives market has been broadly classified into application, Fuel Type and additives segments. Out of the application segment, civil aviation is projected to account for the larger share of the global aviation fuels and additives market during the forecast period. The civil aviation, application market is projected to grow at a higher CAGR in the next five years, owing to more demand of aviation fuels from the developing regions. Also, with further advancement in alternative fuel, and the increasing efficiency of the aircrafts engine is expected to reduce the growth aviation fuels and additives market in the future.

The global aviation fuels and additives market is projected to grow at a CAGR of 9.4% from 2015 to 2020.

A number of factors including Increase in number of aircraft deliveries, Aircraft modernization program, Exponential growth in the usage of additives, Increase in demand for UAV, are some of the important drivers of the drivers for the global aviation fuels and additives market.

On the basis of region, this market is classified into five, namely, North America, Europe, Asia-Pacific, the Middle East, and Rest of the World. In 2015, the global aviation fuels and additives range market is estimated to be dominated by North America and in terms of growth rate market is estimated to be dominated by Asia Pacific and the Middle East. A number of factors such as high defense spending on military aviation and increasing domestic civil aviation in the developing region are an important factor for the aviation fuels and additives market in South Asian countries.

The Jet fuel segment held the largest market share in the global aviation fuels and additives market market, in 2014. It is also projected to grow at the highest CAGR of 9.40% by 2020. In terms of application the civil aviation segment is projected to account for a large market share of 89.46% in the year 2020.

New contracts are the key strategy adopted by the major players to develop their position in the aviation fuels and additives market. Strategies such as partnerships, agreements, collaborations, joint ventures, and acquisitions were also adopted by a significant number of market players to strengthen their product portfolios and to expand their geographic presence.

Key players in this market include Exxon Mobil Corporation (U.S.), Royal Dutch Shell (The Netherlands), Sinopec (China), Saudi Aramco (Saudi Arabia), Chevron Corporation (U.S.), and BP Plc (U.K.), among others.


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Report Code
AS 2830
Published ON
Sep, 2020
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