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Aviation Fuel Market Share, Size, Growth And Segment Forecasts To 2022

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According to the report, the increase in number of aircraft is one of the important drivers that the aided the growth prospects for this market. In recent years, the number of aircraft has increased drastically. Globally, the demand for new aircraft
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Aviation Fuel Market Share, Size, Emerging Trends and Growth,
Analysis, Overview and Forecasts 2016-2020
Technavio Announces the Publication of its Research Report – Global Aviation Fuel Market 2016-2020
Technavio recognizes the following companies as the key players in the global aviation fuel market: Air
BP, Shell, Exide, Exxon Mobil, Chevron, and Gazprom.
Other Prominent Vendors in the market are AltAir Fuels, Amyris, Gevo, Hindustan Petroleum,
Honeywell, LanzaTech, Neste Oil, Primus Green Energy, SkyNRG, Solazyme, Solena Fuels, and Statoil.
Commenting on the report, an analyst from Technavio’ s team said that the impact of falling crude oil
prices on aviation turbine fuel is leading to the growth of this market. Falling crude oil prices in the last
one and half years had a direct impact on the oil and gas industry and the manufacturing sector. It has
become a major challenge for oil equipment companies. Oil and gas equipment companies are shutting
down their wells and rigs as the revenue they are generating is not higher than the expenditure. For
instance, during past oil downturns, the number of rigs in use by Baker Hughes has declined by 40 to
60% in 2014-2015.
Browse full report with TOC@ https://marketreportscenter.com/reports/344091/global-aviation-fuelmarket-2016-2020
According to the report, the increase in number of aircraft is one of the important drivers that the aided
the growth prospects for this market. In recent years, the number of aircraft has increased drastically.
Globally, the demand for new aircraft is expected to increase by approximately 32,600 between 2015
and 2034. This is owing to an increase in the total number of passengers globally. Total new deliveries
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will comprise both freight and passenger aircraft, which will amount to around 32,585 approximately.
Fourteen thousand passenger aircraft will be retired or converted to freighters, to be replaced with
more fuel efficient latest generation aircraft.
Further, the report states that increasing greenhouse gas emission is the primary concern for countries
and companies as CO2 emission is increasing year on year. The US energy-related CO2 emission was
5,406 million metric tons (MMmt) in 2014. Combustion of fossil fuels (coal, natural gas, and oil) for
energy and transportation are certain industrial processes and land use changes are the human activities
that emit CO2.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/344091
About Aviation Fuel
Aviation fuel is a specialized fuel that drives aircraft turbines. It is higher in quality and often contains
additives designed to reduce risks such as icing and explosion due to changes in fuel temperature. The
global aviation fuel market is captured by jet fuels i.e. aviation turbine fuel (ATF) owing to uncertainty in
the production of bio jet fuels.
Technavio’ s analysts forecast the global aviation fuel market to grow at a CAGR of 3.13% during the
period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global aviation fuel market for
2016-2020. To calculate the market size, we have considered the production for aviation fuel and
aviation biofuel.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Aviation Fuel Market 2016-2020, has been prepared based on an in-depth
market analysis with inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
To Get Discount On The Report @ https://marketreportscenter.com/request-discount/344091
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Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
[email protected]
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