Jet Fuel Market Insights, Growth Analysis, Forecast to 2031

The jet fuel market size was valued at $187.79 billion in 2021, and is estimated to reach $296.41 billion by 2031, growing at a CAGR of 4.7% from 2022 to 2031. The major companies in this report include Allied Aviation, Amyris Inc., Archer Daniels Midland Company, Bharat Petroleum Co. Ltd, BP, Chevron, Corbion N.V, Exxon …

Jet Fuel Market Estimated to Hit $296.4 Billion by 2031

The jet fuel market size was valued at $187.79 billion in 2021, and is estimated to reach $296.41 billion by 2031, growing at a CAGR of 4.7% from 2022 to 2031. Jet fuel is a type of aviation fuel that is designed for use in aircraft powered by gas-turbine engines. It is colorless to straw …

Jet Fuel Market Foreseen to Draw a Promising Growth by 2029

Increase in demand for air cargo transport, rise in number of low-cost carriers (LCCs) globally, and surge air passenger traffic are the key factors anticipated to propel the jet fuel market growth in the coming years. Stronger economic development in recent past has led to increase in air passenger traffic, which, in turn, drives the growth of …