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The Asia Pacific Aircraft Jet Fuel market size was valued at US$ 62.37 billion in 2024 and is projected to reach US$ 89.15 billion by 2030, at a CAGR of 6.1% during the forecast period 2024-2030.
Aircraft jet fuel is a specialized petroleum-based fuel used to power jet engines, designed to meet strict quality and performance standards for aviation safety and efficiency.
The Asia Pacific aircraft jet fuel market is experiencing strong growth, driven by expanding air travel and increasing air freight activities. China accounts for 35% of the market, followed by Japan at 20% and India at 15%. In 2023, commercial aviation consumed 80% of total production, with military aviation at 15% and general aviation at 5%. The market saw an 8% increase in demand for sustainable aviation fuel (SAF) due to growing environmental concerns. Key players include Sinopec Group (China) and Indian Oil Corporation Ltd. (India), collectively holding a 40% market share in the region. The industry is investing heavily in SAF production, with a 25% increase in biojet fuel capacity in 2023. Challenges include price volatility and the need for significant infrastructure investments, leading to a 10% focus on hedging strategies and long-term supply agreements. The trend towards fuel-efficient aircraft has somewhat offset the growth in fuel demand, with newer models achieving 15-20% better fuel efficiency. The market is benefiting from the expansion of low-cost carriers in Southeast Asia, driving a 12% increase in regional jet fuel consumption.
Report Includes
This report is an essential reference for who looks for detailed information on Asia Pacific Aircraft Jet fuel . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Aircraft Jet fuel , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Asia Pacific Aircraft Jet fuel , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aircraft Jet fuel . This report contains market size and forecasts of Aircraft Jet fuel in Asia Pacific, including the following market information:
We surveyed the Aircraft Jet fuel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
The report also provides analysis of leading market participants including:
FAQs: Asia Pacific Aircraft Jet Fuel Market
1. What is the market size of the Asia Pacific Aircraft Jet Fuel market in 2024?
2. What is the projected market size by 2030?
3. What is the compound annual growth rate (CAGR) during 2024–2030?
4. What drives the demand for aircraft jet fuel in Asia Pacific?
Key drivers include:
Rising air passenger traffic
Expansion of commercial airline fleets
Growing tourism and business travel
Rapid urbanization and infrastructure development
5. Which countries contribute significantly to this market?
Key Points of this Report:
Reasons to Purchase this Report:
1.1 Product Overview and Scope of Aircraft Jet fuel
1.2.1 Asia Pacific Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Jet A
1.2.3 Jet A-1
1.3.1 Asia Pacific Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Civil
1.3.3 Military
1.4 Asia Pacific Market Growth Prospects
1.4.1 Asia Pacific Revenue Estimates and Forecasts (2019-2030)
1.4.2 Asia Pacific Production Estimates and Forecasts (2019-2030)
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
3.1 Asia Pacific Production by Manufacturers (2019-2023)
3.2 Asia Pacific Revenue Market Share by Manufacturers (2019-2023)
3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Asia Pacific Average Price by Manufacturers (2019-2023)
3.5 Manufacturers Production Sites, Area Served, Product Type
3.6 Market Competitive Situation and Trends
3.6.1 Market Concentration Rate
3.6.2 Asia Pacific 5 and 10 Largest Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4.1 Asia Pacific Production
4.1.1 Asia Pacific Production YoY Growth Rate (2019-2023)
4.1.2 Asia Pacific Production, Revenue, Price and Gross Margin (2019-2024)
5.1 Asia Pacific
5.1.1 Asia Pacific Consumption by Country
5.1.2 Asia Pacific Sales, Consumption, Export, Import (2019-2023)
5.1.1 China
5.2.2 India
5.3.3 Japan
5.4.4 South Korea
5.5.5 Australia
5.6.6 Thailand
5.7.7 Indonesia
6.1 Asia Pacific Production Market Share by Type (2019-2024)
6.2 Asia Pacific Revenue Market Share by Type (2019-2024)
6.3 Asia Pacific Price by Type (2019-2024)
7.1 Asia Pacific Production Market Share by Application (2019-2024)
7.2 Asia Pacific Revenue Market Share by Application (2019-2024)
7.3 Asia Pacific Price by Application (2019-2024)
8.1 China National Petroleum Corporation
8.1.1 China National Petroleum Corporation Corporation Information
8.1.2 China National Petroleum Corporation Product Portfolio
8.1.3 China National Petroleum Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.1.4 China National Petroleum Corporation Main Business and Markets Served
8.1.5 China National Petroleum Corporation Recent Developments/Updates
8.2 Reliance Industries Limited
8.2.1 Reliance Industries Limited Corporation Information
8.2.2 Reliance Industries Limited Product Portfolio
8.2.3 Reliance Industries Limited Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Reliance Industries Limited Main Business and Markets Served
8.2.5 Reliance Industries Limited Recent Developments/Updates
8.3 Indian Oil Corporation
8.3.1 Indian Oil Corporation Corporation Information
8.3.2 Indian Oil Corporation Product Portfolio
8.3.3 Indian Oil Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.3.4 Indian Oil Corporation Main Business and Markets Served
8.3.5 Indian Oil Corporation Recent Developments/Updates
8.4 Sinopec Group
8.4.1 Sinopec Group Corporation Information
8.4.2 Sinopec Group Product Portfolio
8.4.3 Sinopec Group Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.4.4 Sinopec Group Main Business and Markets Served
8.4.5 Sinopec Group Recent Developments/Updates
8.5 PetroChina Company Limited
8.5.1 PetroChina Company Limited Corporation Information
8.5.2 PetroChina Company Limited Product Portfolio
8.5.3 PetroChina Company Limited Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.5.4 PetroChina Company Limited Main Business and Markets Served
8.5.5 PetroChina Company Limited Recent Developments/Updates
8.6 Bharat Petroleum Corporation Limited
8.6.1 Bharat Petroleum Corporation Limited Corporation Information
8.6.2 Bharat Petroleum Corporation Limited Product Portfolio
8.6.3 Bharat Petroleum Corporation Limited Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Bharat Petroleum Corporation Limited Main Business and Markets Served
8.6.5 Bharat Petroleum Corporation Limited Recent Developments/Updates
8.7 Petronas
8.7.1 Petronas Corporation Information
8.7.2 Petronas Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.7.3 Petronas Main Business and Markets Served
8.7.4 Petronas Recent Developments/Updates
8.8 Hindustan Petroleum Corporation Ltd
8.8.1 Hindustan Petroleum Corporation Ltd Corporation Information
8.8.2 Hindustan Petroleum Corporation Ltd Product Portfolio
8.8.3 Hindustan Petroleum Corporation Ltd Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.8.4 Hindustan Petroleum Corporation Ltd Main Business and Markets Served
8.8.5 Hindustan Petroleum Corporation Ltd Recent Developments/Updates
8.9 SK Innovation
8.9.1 SK Innovation Corporation Information
8.9.2 SK Innovation Product Portfolio
8.9.3 SK Innovation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.9.4 SK Innovation Main Business and Markets Served
8.9.5 SK Innovation Recent Developments/Updates
8.10 Idemitsu Kosan Co.
8.10.1 Idemitsu Kosan Co. Corporation Information
8.10.2 Idemitsu Kosan Co. Product Portfolio
8.10.3 Idemitsu Kosan Co. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.10.4 Idemitsu Kosan Co. Main Business and Markets Served
8.10.5 Idemitsu Kosan Co. Recent Developments/Updates
9.1 Key Raw Materials Analysis
9.1.1 Key Raw Materials
9.1.2 Key Suppliers of Raw Materials
9.2 Proportion of Manufacturing Cost Structure
9.3 Manufacturing Process Analysis of Aircraft Jet fuel
9.4 Industrial Chain Analysis
10.1 Marketing Channel
10.2 Distributors List
10.3 Customers
11.1 Industry Trends
11.2 Market Drivers
11.3 Market Challenges
11.4 Market Restraints
12.1 Asia Pacific Production, Revenue Forecast (2024-2030)
13.1 Asia Pacific Forecasted Consumption of by Country
14.1 Asia Pacific Production, Revenue and Price Forecast by Type (2024-2030)
14.1.1 Asia Pacific Forecasted Production of by Type (2024-2030)
14.1.2 Asia Pacific Forecasted Revenue of by Type (2024-2030)
14.1.3 Asia Pacific Forecasted Price of by Type (2024-2030)
14.2 Asia Pacific Production, Revenue and Price Forecast by Application (2024-2030)
14.2.1 Asia Pacific Forecasted Production of by Application (2024-2030)
14.2.2 Asia Pacific Forecasted Revenue of by Application (2024-2030)
14.2.3 Asia Pacific Forecasted Price of by Application (2024-2030)
16.1 Methodology/Research Approach
16.1.1 Research Programs/Design
16.1.2 Market Size Estimation
16.1.3 Market Breakdown and Data Triangulation
16.2 Data Source
16.2.1 Secondary Sources
16.2.2 Primary Sources
16.3 Author List
16.4 Disclaimer
17.1 Note
17.2 Examples of Clients
Frequently Asked Questions ?
