Global Jet Fuel Market is accounted for $116.74 billion in 2020 and is expected to reach $141.13 billion by 2028 growing at a CAGR of 2.4% during the forecast period. Rising disposable incomes, growing number of air passengers and improving economic conditions globally are driving the market growth.
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By geography, Asia Pacific is going to have high growth during the forecast period as the region is witnessing a steady rise in the passenger traffic particularly from emerging countries.
Some of the key players profiled in the Jet Fuel Market include Allied Aviation Services Inc., Amyris, Bharat Petroleum Corp. Ltd, BP PLC, Chevron Corporation, Exxon Mobil Corporation, Gazprom Neft PJSC, Honeywell, Primus Green Energy, Qatar Jet Fuel Company, Royal Dutch Shell PLC, Solazyme, Solena Fuels, Total SA and Valero Marketing and Supply.
Fuel Types Covered in Jet Fuel Market
• Jet A
• Jet A1
• Jet B
Applications Covered:
• Commercial
• Defense
• General Aviation
Types Covered:
• Air Turbine Fuel (ATF)
• Aviation Biofuel
• Aviation Gasoline (Avgas)
End Users Covered:
• Business Aircraft
• Cargo Aircraft
• Commercial Aircraft
• Military Aircraft
• Passenger Aircraft
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