The Global Jet Fuel Market Size was estimated at USD 543.70 million in 2023 and, exhibiting a CAGR of 6.70% during the forecast period.
A protective interlayer holds two sheets of glass together to form Jet Fuel. The major hurricane barrier in impact-resistant windows is laminated glass. The windscreens of autos also employ laminated glass. The largest market for jet fuel in 2022 was Asia Pacific.
Due to developing infrastructure and construction projects, rising auto manufacturing, and rising solar panel installations in both nations, India and China are significant markets for jet fuel. This research offers a thorough analysis of the global jet fuel market, covering all relevant areas. This includes a broad market overview as well as micro-level information on the market's size, competitive environment, development trend, niche market, important market drivers, and challenges. It also includes SWOT analysis, Porter's Five Forces analysis, value chain analysis, and other analyses.
Recent Development:
• In August 2022, British Petroleum introduced a next-generation new model all-electric refueller for customers lifting Jet A-1 at Brisbane Airport (Australia). The refueller can carry approximately 16,000 liters of fuel and has been designed to operate for a full day with overnight charging.
• In June 2022, Shell announced the launch of Avelia, one of the world’s first blockchain-powered digital sustainable aviation fuel (SAF) book-and-claim solutions for business travel. It is one of the largest SAF book-and-claim solutions that can offer around 1 million gallons of SAF.
• In June 2022, Exxon Mobil Corporation and Qatar Energy signed an agreement to develop Qatar’s North Field East project, which will expand Qatar’s annual liquified natural gas (LNG) capacity from 77 million tons to 110 million tons by 2026.
• In May 2022, Chevron Corporation partnered with Pertamina to explore potential lower carbon business opportunities in Indonesia.
How This Report Can Add Value?
Assuming that the reader is a manufacturer of Jet Fuel Market, the report will assist them in the following ways:
• Understand your company's position relative to other major players in the market
• Stay up to date with new technology integrations, features and the latest developments in the market
• Understanding the impact of COVID-19 on the high Jet Fuel and barriers to entry for new businesses
• Gain insight into end-user perceptions of the Jet Fuel market
• Identify key players in the market and understand their valuable contributions
Key Questions Answered in the Report:
• What impact has COVID-19 had on the growth of the global Jet Fuel market?
• What are the key regulations driving the Jet Fuel market in key regions?
• What technological developments are expected to have an impact?
• Who are the key players with significant advantages in the global Jet Fuel market?
• Which growth opportunities can market participants take advantage of?
• What are the drivers and constraints of the global Jet Fuel market?
• Which region has the highest growth rate in the Jet Fuel market?
• The fastest growing countries in the global Jet Fuel market What are the key strategies followed by market players in the global Jet Fuel market?
• Who are the emerging players in the global Jet Fuel market?
