Jet Fuel Market By Fuel Grade (Jet A, Jet A1, Jet B, TS-1), By Application (Commercial, Defense, General Avaition, Private): Global Opportunity Analysis and Industry Forecast, 2021-2031

List of Tables

The global jet fuel market size was valued at $187.8 billion in 2021, and is projected to reach $296.4 billion by 2031, with a CAGR of 4.7% from 2022 to 2031.

Jet fuel is also well-known as aviation turbine fuel (ATF) and is a type of aviation fuel designed for usage in aircraft powered by gas-turbine engines. It is colorless to straw-colored. The jet fuel oil market has accommodated considerable share during the past few years, due to reduction in the airline ticket that has encouraged the passengers to travel through flights.

The effective growth in global connectivity, deduction in airfares, and the rise in utilization of aircrafts in commercial sector is projected to boost the growth of the jet fuel market throughout the review period. The effective growth in concerns over the emissions from the aviation industry led countless governments around the world to implement mandates that demand a blending of renewable aviation fuel with conventional fuel types. This is projected to create proficient opportunities for the companies comprised in the market. The effective growth in demand from military sector and augment in air transportation are projected to be foremost factors underwriting to the market growth. New flight routes and new airports also surge the requirement for fuel, which further propel the jet fuel market growth. Aviation industry provides worldwide rapid transportation network essential for global business and tourism and jet fuel play a key role in the development of the industry. Air travel is set to grow at a fast pace attributed to socio-economic, tourism, political, and comprehensive business trading, which will accelerate the global market growth.

However, stringent rules concerning use of fuel variants and additives due to high level of carbon emissions and fluctuations in crude oil prices are the aspects that largely limit the jet fuel market growth.

The global jet fuel market is segmented on the basis of by fuel grade, application and region. On the basis of fuel grade, the market is segmented into Jet A, Jet A-1, Jet B, and TS-1. In addition, on the basis of application, it is segmented into commercial, defense, general aviation, and private.Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, North America accounts for the largest share of the market, followed by Europe and Asia-Pacific.

The major companies in this report includes Allied Aviation, Amyris Inc., Archer Daniels Midland Company, Bharat Petroleum Co. Ltd, BP, Cheveron, Corbion N.V, Exxon Mobil, Gazprom Neft PJSC, Honeywell International Inc., Primus Green Energy Inc., Qatar Jet Fuel, Royal Dutch Shell, Total Energies, and Valero Energy Corporation. Rapid development of industrialization, modernization and spread of information through internet led to the development of tourism industry, which in-turn has fueled the demand for Jet Fuel. Additional growth strategies such as expansion of production capacities, acquisition, partnership and research & innovation in the development of aircrafts in commercial and military, are some factors which led to attain key developments in the global jet fuel market trends.

COVID-19 analysis:

COVID-19 has severely impacted the global economy with devastating effects on global trade, which has simultaneously affected households, business, financial institution, industrial establishments and infrastructure companies. The novel coronavirus has affected several economies ad caused lockdown in many countries which has limited the growth of the market. The shutdown of industrial manufacturers led to decline in the demand for solar related equipment in most of the countries across the world, which led to decline in demand for the jet fuel market. The decrease in utilization of power in the industrial facilities across the globe during the outbreak has a negative impact on the development of the market.
After global vaccination, the governments of various countries have taken initiatives to launch policies to improve the tourism sector, which have led to surge in the air transportation. The willingness of an individual to spend money over leisure after the pandemic lockdown has had a positive impact on the market. The presence of above mentioned activities and change in policies due to outbreak of pandemic has a positive impact on the development of the market during the forecast period.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the jet fuel market analysis from 2021 to 2031 to identify the prevailing jet fuel market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the jet fuel market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global jet fuel market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments

By Application

Commercial
Defense
General Avaition
Private

By Fuel Grade

Jet A
Jet A1
Jet B
TS-1

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest Of Asia Pacific
LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Exxon Mobil Corporation
- Bharat Petroleum Corp Ltd
- BP Plc.
- Chevron Corporation
- Allied Aviation Services, Inc.
- Valero Marketing and Supply
- Shell PLC
- TotalEnergies SE
- Qatar Jet Fuel Company
- Gazprom Neft PJSC
- Archer Daniels Midland Company
- Honeywell International Inc.
- Amyris
- Primus Green Energy
- Solazyme

Product Code: A06883

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO Perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings
- 3.2.1.Top investment pockets
3.3.Porter's five forces analysis
3.4.Top player positioning
3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
3.7.Pricing Analysis
3.8.Value Chain Analysis
3.9.Key Regulation Analysis

CHAPTER 4: JET FUEL MARKET, BY FUEL GRADE

4.1 Overview
- 4.1.1 Market size and forecast
4.2 Jet A
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
4.3 Jet A1
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country
4.4 Jet B
- 4.4.1 Key market trends, growth factors and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market analysis by country
4.5 TS-1
- 4.5.1 Key market trends, growth factors and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market analysis by country

CHAPTER 5: JET FUEL MARKET, BY APPLICATION

5.1 Overview
- 5.1.1 Market size and forecast
5.2 Commercial
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
5.3 Defense
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
5.4 General Avaition
- 5.4.1 Key market trends, growth factors and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market analysis by country
5.5 Private
- 5.5.1 Key market trends, growth factors and opportunities
- 5.5.2 Market size and forecast, by region
- 5.5.3 Market analysis by country

CHAPTER 6: JET FUEL MARKET, BY REGION

6.1 Overview
- 6.1.1 Market size and forecast
6.2 North America
- 6.2.1 Key trends and opportunities
- 6.2.2 North America Market size and forecast, by Fuel Grade
- 6.2.3 North America Market size and forecast, by Application
- 6.2.4 North America Market size and forecast, by country
  - 6.2.4.1 U.S.
  - 6.2.4.1.1 Market size and forecast, by Fuel Grade
  - 6.2.4.1.2 Market size and forecast, by Application
  - 6.2.4.2 Canada
  - 6.2.4.2.1 Market size and forecast, by Fuel Grade
  - 6.2.4.2.2 Market size and forecast, by Application
  - 6.2.4.3 Mexico
  - 6.2.4.3.1 Market size and forecast, by Fuel Grade
  - 6.2.4.3.2 Market size and forecast, by Application
6.3 Europe
- 6.3.1 Key trends and opportunities
- 6.3.2 Europe Market size and forecast, by Fuel Grade
- 6.3.3 Europe Market size and forecast, by Application
- 6.3.4 Europe Market size and forecast, by country
  - 6.3.4.1 Germany
  - 6.3.4.1.1 Market size and forecast, by Fuel Grade
  - 6.3.4.1.2 Market size and forecast, by Application
  - 6.3.4.2 U.K.
  - 6.3.4.2.1 Market size and forecast, by Fuel Grade
  - 6.3.4.2.2 Market size and forecast, by Application
  - 6.3.4.3 France
  - 6.3.4.3.1 Market size and forecast, by Fuel Grade
  - 6.3.4.3.2 Market size and forecast, by Application
  - 6.3.4.4 Italy
  - 6.3.4.4.1 Market size and forecast, by Fuel Grade
  - 6.3.4.4.2 Market size and forecast, by Application
  - 6.3.4.5 Spain
  - 6.3.4.5.1 Market size and forecast, by Fuel Grade
  - 6.3.4.5.2 Market size and forecast, by Application
  - 6.3.4.6 Rest of Europe
  - 6.3.4.6.1 Market size and forecast, by Fuel Grade
  - 6.3.4.6.2 Market size and forecast, by Application
6.4 Asia-Pacific
- 6.4.1 Key trends and opportunities
- 6.4.2 Asia-Pacific Market size and forecast, by Fuel Grade
- 6.4.3 Asia-Pacific Market size and forecast, by Application
- 6.4.4 Asia-Pacific Market size and forecast, by country
  - 6.4.4.1 China
  - 6.4.4.1.1 Market size and forecast, by Fuel Grade
  - 6.4.4.1.2 Market size and forecast, by Application
  - 6.4.4.2 Japan
  - 6.4.4.2.1 Market size and forecast, by Fuel Grade
  - 6.4.4.2.2 Market size and forecast, by Application
  - 6.4.4.3 India
  - 6.4.4.3.1 Market size and forecast, by Fuel Grade
  - 6.4.4.3.2 Market size and forecast, by Application
  - 6.4.4.4 South Korea
  - 6.4.4.4.1 Market size and forecast, by Fuel Grade
  - 6.4.4.4.2 Market size and forecast, by Application
  - 6.4.4.5 Rest Of Asia Pacific
  - 6.4.4.5.1 Market size and forecast, by Fuel Grade
  - 6.4.4.5.2 Market size and forecast, by Application
6.5 LAMEA
- 6.5.1 Key trends and opportunities
- 6.5.2 LAMEA Market size and forecast, by Fuel Grade
- 6.5.3 LAMEA Market size and forecast, by Application
- 6.5.4 LAMEA Market size and forecast, by country
  - 6.5.4.1 Brazil
  - 6.5.4.1.1 Market size and forecast, by Fuel Grade
  - 6.5.4.1.2 Market size and forecast, by Application
  - 6.5.4.2 Saudi Arabia
  - 6.5.4.2.1 Market size and forecast, by Fuel Grade
  - 6.5.4.2.2 Market size and forecast, by Application
  - 6.5.4.3 South Africa
  - 6.5.4.3.1 Market size and forecast, by Fuel Grade
  - 6.5.4.3.2 Market size and forecast, by Application
  - 6.5.4.4 Rest of LAMEA
  - 6.5.4.4.1 Market size and forecast, by Fuel Grade
  - 6.5.4.4.2 Market size and forecast, by Application

CHAPTER 7: COMPANY LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments

CHAPTER 8: COMPANY PROFILES

8.1 Exxon Mobil Corporation
- 8.1.1 Company overview
- 8.1.2 Company snapshot
- 8.1.3 Operating business segments
- 8.1.4 Product portfolio
- 8.1.5 Business performance
- 8.1.6 Key strategic moves and developments
8.2 Bharat Petroleum Corp Ltd
- 8.2.1 Company overview
- 8.2.2 Company snapshot
- 8.2.3 Operating business segments
- 8.2.4 Product portfolio
- 8.2.5 Business performance
- 8.2.6 Key strategic moves and developments
8.3 BP Plc.
- 8.3.1 Company overview
- 8.3.2 Company snapshot
- 8.3.3 Operating business segments
- 8.3.4 Product portfolio
- 8.3.5 Business performance
- 8.3.6 Key strategic moves and developments
8.4 Chevron Corporation
- 8.4.1 Company overview
- 8.4.2 Company snapshot
- 8.4.3 Operating business segments
- 8.4.4 Product portfolio
- 8.4.5 Business performance
- 8.4.6 Key strategic moves and developments
8.5 Allied Aviation Services, Inc.
- 8.5.1 Company overview
- 8.5.2 Company snapshot
- 8.5.3 Operating business segments
- 8.5.4 Product portfolio
- 8.5.5 Business performance
- 8.5.6 Key strategic moves and developments
8.6 Valero Marketing and Supply
- 8.6.1 Company overview
- 8.6.2 Company snapshot
- 8.6.3 Operating business segments
- 8.6.4 Product portfolio
- 8.6.5 Business performance
- 8.6.6 Key strategic moves and developments
8.7 Shell PLC
- 8.7.1 Company overview
- 8.7.2 Company snapshot
- 8.7.3 Operating business segments
- 8.7.4 Product portfolio
- 8.7.5 Business performance
- 8.7.6 Key strategic moves and developments
8.8 TotalEnergies SE
- 8.8.1 Company overview
- 8.8.2 Company snapshot
- 8.8.3 Operating business segments
- 8.8.4 Product portfolio
- 8.8.5 Business performance
- 8.8.6 Key strategic moves and developments
8.9 Qatar Jet Fuel Company
- 8.9.1 Company overview
- 8.9.2 Company snapshot
- 8.9.3 Operating business segments
- 8.9.4 Product portfolio
- 8.9.5 Business performance
- 8.9.6 Key strategic moves and developments
8.10 Gazprom Neft PJSC
- 8.10.1 Company overview
- 8.10.2 Company snapshot
- 8.10.3 Operating business segments
- 8.10.4 Product portfolio
- 8.10.5 Business performance
- 8.10.6 Key strategic moves and developments
8.11 Archer Daniels Midland Company
- 8.11.1 Company overview
- 8.11.2 Company snapshot
- 8.11.3 Operating business segments
- 8.11.4 Product portfolio
- 8.11.5 Business performance
- 8.11.6 Key strategic moves and developments
8.12 Honeywell International Inc.
- 8.12.1 Company overview
- 8.12.2 Company snapshot
- 8.12.3 Operating business segments
- 8.12.4 Product portfolio
- 8.12.5 Business performance
- 8.12.6 Key strategic moves and developments
8.13 Amyris
- 8.13.1 Company overview
- 8.13.2 Company snapshot
- 8.13.3 Operating business segments
- 8.13.4 Product portfolio
- 8.13.5 Business performance
- 8.13.6 Key strategic moves and developments
8.14 Primus Green Energy
- 8.14.1 Company overview
- 8.14.2 Company snapshot
- 8.14.3 Operating business segments
- 8.14.4 Product portfolio
- 8.14.5 Business performance
- 8.14.6 Key strategic moves and developments
8.15 Solazyme
- 8.15.1 Company overview
- 8.15.2 Company snapshot
- 8.15.3 Operating business segments
- 8.15.4 Product portfolio
- 8.15.5 Business performance
- 8.15.6 Key strategic moves and developments