Aviation Fuel Market by Fuel Type (Jet Fuel, Avgas, Biofuel, Hydrogen Fuel, Power-To-Liquid, Gas-To-Liquid)
The aviation fuel market is at the center of transformation as the aviation industry faces mounting pressure to reduce its carbon footprint while meeting the rising demand for air travel. Aviation fuel is more than just an energy source; it is the foundation of global mobility, linking continents and powering commercial airlines, defense fleets, and private aviation. Historically, jet fuel and Avgas...
Key Players Driving the Growth of the Aviation Fuel Market
The Aviation Fuel Market is witnessing significant expansion, driven by increased air travel, growing cargo transportation, and a shift towards sustainable aviation fuel (SAF). Valued at USD 200.21 billion in 2024, the market is expected to reach USD 325.98 billion by 2030, growing at a CAGR of 8.5%. In terms of volume, the industry will expand from 86.20 billion gallons in 2024 to 132.80 billion...