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