Techtoday Newspaper

Aviation Fuel Market Analysis and Opportunity Assessment Forecast 2022-2031

March 9, 2022March 9, 2022 Hina MiyazuAviation Fuel Market, Aviation Fuel Market Size0 comment

Global Aviation Fuel Market is valued approximately at USD 185.5 billion in 2019 and is anticipated to grow with a CAGR of more than 3.5% over the forecast period. Nowadays, aviation is considered as the fastest-growing sectors attributed to the rapidly increasing global middle-class population, particularly in developing countries, as well as the rapidly growing proliferation of low-cost carriers. To manage and/or operate the aircraft, petroleum-based or kerosene-based fuel is required. The aviation fuel possesses exceptional quality than ordinary fuels utilized in other modes of transportation. This fuel often reduces…

Aviation Fuel Market-By Fuel Type, By Aircraft Type, By End User, and By Region-Forecast | By SDKI

October 26, 2021October 26, 2021 Hina MiyazuAviation Fuel Market, Global Aviation Fuel Market0 comment

The aviation fuel market is estimated to reach approximately US $ 252.8 billion by 2030, from a market value of approximately US $ 198.7 billion in 2022, and is expected to grow at a CAGR of 3.5% during the 2022-2030 forecast period. increase. Recently, aviation has been regarded as the fastest growing sector due to the rapidly growing world’s middle-class population (especially developing countries) and the surge in fast-growing low-cost carriers. increase. Petroleum-based or kerosene-based fuels are required to manage or operate an aircraft. Aviation fuels are of better quality than regular fuels…