Global Research Aviation Fuel Market Summary and Outlook (2018-202

Aviation Fuel Market Summary (2018-2025) and
Analysis of Critical Success Factors
“The global aviation fuel market is expected to display
higher growth rate over the next five years. Rapid surge
in market is credited to the shifting tend towards air
travel, particularly in developing economies across the
globe.”
The global aviation fuel market is expected to display higher growth rate over the next five years. Rapid surge in market
is credited to the shifting tend towards air travel, particularly in developing economies across the globe. Increasing
number of aircraft carriers and presence of large number of airline operators are expected to drive the growth of the
market over the forecast period. Globally, market is predicted to generate massive revenue over next five years,
providing numerous opportunities for industry participants to invest in research and development of aviation fuel
market.
However, rising crude oil prices coupled with growing competition in the market are key challenges for industry growth
to a certain extent. Yet, increasing adoption of bio-fuel and renewable aviation fuel is expected to foster industry
expansion in the upcoming years. In addition, rise in air traffic and aircraft fleet in both commercial and military
applications is predicted to spur the growth of aviation fuel market over the forecast period.
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