1	INTRODUCTION	31 
1.1	STUDY OBJECTIVES	31 
1.2	MARKET DEFINITION AND SCOPE	31 
1.3	STUDY SCOPE	32 
1.3.1	AVIATION FUEL MARKET SEGMENTATION	32 
1.3.2	REGIONAL SCOPE	32 
1.3.3	YEARS CONSIDERED	33 
1.4	CURRENCY CONSIDERED	33 
1.4.1	USD EXCHANGE RATES	33 
1.5	INCLUSIONS AND EXCLUSIONS	34 
TABLE 1	AVIATION FUEL MARKET: INCLUSIONS AND EXCLUSIONS	34 
1.6	LIMITATIONS	34 
1.7	MARKET STAKEHOLDERS	34 
2	RESEARCH METHODOLOGY	35 
2.1	RESEARCH DATA	35 
FIGURE 1	RESEARCH FLOW	35 
FIGURE 2	RESEARCH DESIGN	36 
2.2	SECONDARY DATA	36 
2.2.1	SECONDARY SOURCES	37 
2.3	PRIMARY DATA	37 
2.3.1	PRIMARY SOURCES	38 
2.3.1.1	Breakdown of primaries: by company type, designation, and region	38 
2.4	FACTOR ANALYSIS	39 
2.4.1	INTRODUCTION	39 
2.4.2	DEMAND-SIDE INDICATORS	39 
2.4.3	SUPPLY-SIDE INDICATORS	40 
2.5	MARKET SIZE ESTIMATION	40 
2.5.1	BOTTOM-UP APPROACH	40 
FIGURE 3	MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH	40 
2.5.2	TOP-DOWN APPROACH	41 
FIGURE 4	MARKET SIZE ESTIMATION: TOP-DOWN	41 
2.6	MARKET BREAKDOWN AND DATA TRIANGULATION	41 
FIGURE 5	DATA TRIANGULATION METHODOLOGY	42 
2.7	ASSUMPTIONS	43 
2.8	RISK ANALYSIS	43 
3	EXECUTIVE SUMMARY	44 
FIGURE 6	BY FUEL TYPE, SUSTAINABLE FUEL SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD	44 
FIGURE 7	BY AIRCRAFT TYPE, NARROW BODY AIRCRAFT SEGMENT ESTIMATED TO DOMINATE MARKET IN 2022	45 
FIGURE 8	NORTH AMERICA ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARE IN 2022	46 
4	PREMIUM INSIGHTS	47 
4.1	ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AVIATION FUEL MARKET	47 
FIGURE 9	INCREASING DEMAND FOR SUSTAINABLE FUEL TO DRIVE MARKET	47 
4.2	AVIATION FUEL MARKET, BY FUEL TYPE	48 
FIGURE 10	CONVENTIONAL FUEL SEGMENT ESTIMATED TO LEAD MARKET IN 2022	48 
4.3	AVIATION FUEL MARKET, BY COUNTRY	48 
FIGURE 11	AVIATION FUEL MARKET IN AUSTRALIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD	48 
5	MARKET OVERVIEW	49 
5.1	INTRODUCTION	49 
5.2	MARKET DYNAMICS	50 
FIGURE 12	AVIATION FUEL MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES	50 
5.2.1	DRIVERS	50 
5.2.1.1	Demand to reduce emissions	50 
5.2.1.2	Increasing air passenger traffic	51 
5.2.1.3	Rising initiatives by governments to adopt SAF	51 
5.2.1.4	Better fuel efficiency of SAF than conventional fuel	52 
5.2.2	RESTRAINTS	52 
5.2.2.1	Inadequate availability of feedstock and refineries to meet SAF production demand	52 
5.2.2.2	Harmful environmental effects of aviation fuel	52 
5.2.2.3	Rising electric and hybrid aircraft	53 
5.2.2.4	Price difference between SAF and conventional jet fuel	53 
5.2.3	OPPORTUNITIES	54 
5.2.3.1	Increasing crude oil prices	54 
5.2.3.2	Growing need for alternative aviation fuel	54 
5.2.3.3	Initiatives by US government to reduce tax on aviation fuel	54 
5.2.4	CHALLENGES	55 
5.2.4.1	High investments for approval and certification of SAF	55 
5.2.4.2	Large production of SAF required to meet fuel demand	55 
5.3	TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS	55 
5.3.1	REVENUE SHIFT AND NEW REVENUE POCKETS FOR AVIATION FUEL MARKET	55 
FIGURE 13	REVENUE SHIFT IN AVIATION FUEL MARKET	56 
5.4	AVIATION FUEL MARKET ECOSYSTEM	56 
5.4.1	PROMINENT COMPANIES	56 
5.4.2	SMALL AND MEDIUM-SIZED ENTERPRISES	56 
5.4.3	END USERS	56 
FIGURE 14	AVIATION FUEL MARKET ECOSYSTEM MAP	57 
TABLE 2	AVIATION FUEL MARKET ECOSYSTEM	57 
5.5	TECHNOLOGY ANALYSIS	58 
5.5.1	IMPROVED ENGINE TECHNOLOGIES AND AIRCRAFT DESIGN	58 
5.5.2	NEW COMPOSITE LIGHTWEIGHT MATERIALS	59 
5.5.3	ELECTROFUELS	59 
5.6	USE CASE ANALYSIS	59 
5.6.1	OFFTAKE AGREEMENTS	59 
5.6.2	SUNFIRE E-CRUDE TO PRODUCE E-FUEL	60 
5.6.3	CHEMICAL PLANT BY INERATEC GMBH FOR POWER-TO- LIQUID TECHNOLOGY	60 
5.6.4	GREEN PROPELLANT INFUSION	60 
5.7	VALUE CHAIN ANALYSIS	61 
FIGURE 15	VALUE CHAIN ANALYSIS: AVIATION FUEL MARKET	61 
5.7.1	FEEDSTOCK PRODUCERS AND TRADERS	61 
5.7.2	TECHNOLOGY PROVIDERS	61 
5.7.3	PRODUCERS	62 
5.7.4	OEMS AND REGULATORY AUTHORITIES	62 
5.7.5	DISTRIBUTORS	62 
5.7.6	AIRPORTS AND AIRLINES	62 
5.8	PRICING ANALYSIS	62 
5.9	OPERATIONAL DATA	63 
TABLE 3	AIRCRAFT ACTIVE FLEET IN US, 2018–2022	63 
5.10	PORTER’S FIVE FORCES ANALYSIS	63 
TABLE 4	AVIATION FUEL MARKET: PORTER’S FIVE FORCES ANALYSIS	63 
FIGURE 16	AVIATION FUEL MARKET: PORTER’S FIVE FORCE ANALYSIS	64 
5.10.1	THREAT OF NEW ENTRANTS	64 
5.10.2	THREAT OF SUBSTITUTES	65 
5.10.3	BARGAINING POWER OF SUPPLIERS	65 
5.10.4	BARGAINING POWER OF BUYERS	65 
5.10.5	INTENSITY OF COMPETITIVE RIVALRY	65 
5.11	RECESSION IMPACT ANALYSIS	66 
FIGURE 17	PROBABLE SCENARIO IMPACT OF AVIATION FUEL MARKET:	66 
5.12	KEY STAKEHOLDERS AND BUYING CRITERIA	66 
5.12.1	KEY STAKEHOLDERS IN BUYING PROCESS	66 
FIGURE 18	INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR FUEL TYPE	66 
TABLE 5	INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR FUEL TYPE (%)	67 
5.12.2	BUYING CRITERIA	67 
FIGURE 19	KEY BUYING CRITERIA FOR TOP 2 APPLICATIONS	67 
TABLE 6	KEY BUYING CRITERIA FOR TOP 2 APPLICATIONS	67 
5.13	TARIFF AND REGULATORY LANDSCAPE	68 
5.13.1	REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	68 
TABLE 7	NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	68 
TABLE 8	EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	68 
TABLE 9	ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	69 
TABLE 10	MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	69 
TABLE 11	LATIN AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	70 
5.14	TRADE DATA ANALYSIS	70 
TABLE 12	COUNTRY-WISE IMPORTS, 2020–2021 (USD THOUSAND)	70 
TABLE 13	COUNTRY-WISE EXPORTS, 2020–2021 (USD THOUSAND)	71 
5.15	KEY CONFERENCES AND EVENTS IN 2023	72 
TABLE 14	AVIATION FUEL MARKET: CONFERENCES AND EVENTS	72 
6	INDUSTRY TRENDS	75 
6.1	INTRODUCTION	75 
6.2	TECHNOLOGY TRENDS	75 
6.2.1	FRACTIONAL DISTILLATION	75 
6.2.2	HYDROTHERMAL LIQUEFACTION	75 
6.2.3	PYROLYSIS	76 
6.3	EMERGING INDUSTRY TRENDS	76 
6.3.1	ALCOHOL-TO-JET (ATJ)	76 
6.3.2	HYCOGEN	76 
6.3.3	HYBRID ELECTRIC PROPULSION (HEP)	76 
FIGURE 20	HYBRID AIRCRAFT PROPULSION SYSTEM	77 
6.3.4	SUN-TO-LIQUID SOLAR FUEL	77 
FIGURE 21	PROCESS OF GAS-TO-LIQUID	78 
6.3.5	HYDROGEN FUEL CELLS (HYDROGEN PROPULSION)	78 
6.3.6	FISCHER-TROPSCH (FT)	78 
6.4	SUPPLY CHAIN ANALYSIS	79 
FIGURE 22	SUPPLY CHAIN ANALYSIS	80 
6.5	IMPACT OF MEGATREND	80 
6.6	INNOVATION AND PATENT REGISTRATIONS	81 
7	AVIATION FUEL MARKET, BY FUEL TYPE	84 
7.1	INTRODUCTION	85 
FIGURE 23	POWER-TO-LIQUID SEGMENT TO REGISTER HIGHEST CAGR FROM 2022 TO 2030	85 
TABLE 15	AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	86 
TABLE 16	AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	86 
7.2	CONVENTIONAL FUEL	86 
7.2.1	AVIATION TURBINE FUEL	86 
7.2.1.1	Jet A	87 
7.2.1.1.1	Extensive use of Jet A fuel in US	87 
7.2.1.2	Jet A1	87 
7.2.1.2.1	Rising demand for Jet A1 fuel outside US	87 
7.2.2	AVGAS	87 
7.2.2.1	Demand for aviation gasoline for piston engine aircraft	87 
7.3	SUSTAINABLE FUEL	87 
7.3.1	BIOFUEL	87 
7.3.1.1	Drop-in capability with no changes in aircraft infrastructure to drive demand	87 
7.3.2	HYDROGEN FUEL	88 
7.3.2.1	Advantage of being true zero-carbon solution to drive demand	88 
TABLE 17	CURRENT HYDROGEN-POWERED AIRCRAFT DEVELOPMENTS	88 
7.3.3	POWER-TO-LIQUID	89 
7.3.3.1	Benefits like very low lifecycle emissions to drive demand	89 
7.3.4	GAS-TO-LIQUID	89 
7.3.4.1	Technological advancements to drive demand	89 
8	AVIATION FUEL MARKET, BY AIRCRAFT TYPE	90 
8.1	INTRODUCTION	91 
FIGURE 24	NARROW BODY AIRCRAFT SEGMENT ESTIMATED TO LEAD MARKET IN 2022	91 
TABLE 18	AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	92 
TABLE 19	AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	93 
8.2	FIXED WING	93 
8.2.1	COMMERCIAL AVIATION	93 
8.2.1.1	Narrow Body Aircraft (NBA)	94 
8.2.1.1.1	High efficiency in short-haul travel to drive segment	94 
8.2.1.2	Wide Body Aircraft (WBA)	94 
8.2.1.2.1	Increasing international travel to drive segment	94 
8.2.1.3	Regional Jet	94 
8.2.1.3.1	Rising domestic air passenger traffic in emerging economies to drive segment	94 
8.2.2	MILITARY AVIATION	95 
8.2.2.1	Fighter Aircraft	95 
8.2.2.1.1	Growing procurement of fighter jets due to increasing military budgets to drive segment	95 
8.2.2.2	Transport Aircraft	96 
8.2.2.2.1	Increasing use of transport aircraft in military operations to drive segment	96 
8.2.2.3	Special Mission Aircraft	96 
8.2.2.3.1	Increasing military applications to drive segment	96 
8.2.3	BUSINESS JET & GENERAL AVIATION	96 
8.2.3.1	Business Jet	96 
8.2.3.1.1	Rising number of private aviation companies globally to drive segment	96 
8.2.3.2	Light Aircraft	97 
8.2.3.2.1	Several ongoing projects to develop hydrogen fuel cell aircraft to drive segment	97 
8.3	ROTARY WING	97 
8.3.1	CIVIL HELICOPTER	97 
8.3.1.1	Increasing demand for helicopters in corporate and civil applications to drive segment	97 
8.3.2	MILITARY HELICOPTER	97 
8.3.2.1	Increasing use of helicopters in combat and search & rescue operations to drive segment	97 
8.4	UNMANNED AERIAL VEHICLE (UAV)	98 
8.4.1	FIXED WING UAV	98 
8.4.1.1	Increased use of predator and reaper fixed-wing UAVs in military applications	98 
8.4.2	ROTARY WING UAV	98 
8.4.2.1	Growing demand for rotary-wing UAVs in search and rescue operations, precision farming, and law enforcement applications	98 
8.4.3	HYBRID WING UAV	98 
8.4.3.1	Long-range applications creating demand for hybrid UAVs	98 
9	AVIATION FUEL MARKET, BY REGION	99 
9.1	INTRODUCTION	100 
FIGURE 25	NORTH AMERICA ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARE IN 2022	100 
9.2	NORTH AMERICA	101 
FIGURE 26	NORTH AMERICA: AVIATION FUEL MARKET SNAPSHOT	102 
9.2.1	PESTLE ANALYSIS: NORTH AMERICA	102 
TABLE 20	NORTH AMERICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	104 
TABLE 21	NORTH AMERICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	105 
TABLE 22	NORTH AMERICA: AVIATION FUEL MARKET, BY FUEL TYPE (FURTHER BREAKDOWN), 2018–2021 (USD MILLION)	105 
TABLE 23	NORTH AMERICA: AVIATION FUEL MARKET, BY FUEL TYPE (FURTHER BREAKDOWN), 2022–2030 (USD MILLION)	105 
TABLE 24	NORTH AMERICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	106 
TABLE 25	NORTH AMERICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	107 
TABLE 26	NORTH AMERICA: AVIATION FUEL MARKET, BY COUNTRY, 2018–2021 (USD MILLION)	107 
TABLE 27	NORTH AMERICA: AVIATION FUEL MARKET, BY COUNTRY, 2022–2030 (USD MILLION)	107 
9.2.2	US	108 
9.2.2.1	Growing concerns over carbon emissions due to increasing air traffic to drive market	108 
TABLE 28	US: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	108 
TABLE 29	US: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	108 
TABLE 30	US: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	109 
TABLE 31	US: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	109 
9.2.3	CANADA	110 
9.2.3.1	Innovations focused on lowering carbon footprint to drive market	110 
TABLE 32	CANADA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	110 
TABLE 33	CANADA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	110 
TABLE 34	CANADA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	111 
TABLE 35	CANADA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	111 
9.3	EUROPE	112 
FIGURE 27	EUROPE: AVIATION FUEL MARKET SNAPSHOT	113 
9.3.1	PESTLE ANALYSIS: EUROPE	114 
TABLE 36	EUROPE: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	115 
TABLE 37	EUROPE: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	115 
TABLE 38	EUROPE: AVIATION FUEL MARKET, BY FUEL TYPE (FURTHER BREAKDOWN), 2018–2021 (USD MILLION)	115 
TABLE 39	EUROPE: AVIATION FUEL MARKET, BY FUEL TYPE (FURTHER BREAKDOWN), 2022–2030 (USD MILLION)	116 
TABLE 40	EUROPE: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	116 
TABLE 41	EUROPE: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	117 
TABLE 42	EUROPE: AVIATION FUEL MARKET, BY COUNTRY, 2018–2021 (USD MILLION)	117 
TABLE 43	EUROPE: AVIATION FUEL MARKET, BY COUNTRY, 2022–2030 (USD MILLION)	118 
9.3.2	UK	118 
9.3.2.1	Presence of leading players to drive market	118 
TABLE 44	UK: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	118 
TABLE 45	UK: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	119 
TABLE 46	UK: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	119 
TABLE 47	UK: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	120 
9.3.3	GERMANY	120 
9.3.3.1	Advancements in technological pathways to drive market	120 
TABLE 48	GERMANY: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	120 
TABLE 49	GERMANY: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	121 
TABLE 50	GERMANY: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	121 
TABLE 51	GERMANY: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	122 
9.3.4	FRANCE	122 
9.3.4.1	Initiatives on low carbon strategy from global leaders to drive market	122 
TABLE 52	FRANCE: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	122 
TABLE 53	FRANCE: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	123 
TABLE 54	FRANCE: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	123 
TABLE 55	FRANCE: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	124 
9.3.5	RUSSIA	124 
9.3.5.1	Aviation fuel demand by military sector to drive market	124 
TABLE 56	RUSSIA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	124 
TABLE 57	RUSSIA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	125 
TABLE 58	RUSSIA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	125 
TABLE 59	RUSSIA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	126 
9.3.6	ITALY	126 
9.3.6.1	Initiatives from Italian airports to achieve green aviation goals by 2050 to drive market	126 
TABLE 60	ITALY: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	126 
TABLE 61	ITALY: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	127 
TABLE 62	ITALY: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	127 
TABLE 63	ITALY: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	128 
9.3.7	REST OF EUROPE	128 
TABLE 64	REST OF EUROPE: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	128 
TABLE 65	REST OF EUROPE: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	129 
TABLE 66	REST OF EUROPE: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	129 
TABLE 67	REST OF EUROPE: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	130 
9.4	ASIA PACIFIC	130 
FIGURE 28	ASIA PACIFIC: AVIATION FUEL MARKET SNAPSHOT	131 
9.4.1	PESTLE ANALYSIS: ASIA PACIFIC	132 
TABLE 68	ASIA PACIFIC: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	133 
TABLE 69	ASIA PACIFIC: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	133 
TABLE 70	ASIA PACIFIC: AVIATION FUEL MARKET, BY FUEL TYPE (FURTHER BREAKDOWN), 2018–2021 (USD MILLION)	134 
TABLE 71	ASIA PACIFIC: AVIATION FUEL MARKET, BY FUEL TYPE (FURTHER BREAKDOWN), 2022–2030 (USD MILLION)	134 
TABLE 72	ASIA PACIFIC: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	135 
TABLE 73	ASIA PACIFIC: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	136 
TABLE 74	ASIA PACIFIC: AVIATION FUEL MARKET, BY COUNTRY, 2018–2021 (USD MILLION)	136 
TABLE 75	ASIA PACIFIC: AVIATION FUEL MARKET, BY COUNTRY, 2022–2030 (USD MILLION)	137 
9.4.2	CHINA	137 
9.4.2.1	Collaborations between Chinese airlines and biofuel producers to drive market	137 
TABLE 76	CHINA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	137 
TABLE 77	CHINA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	137 
TABLE 78	CHINA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	138 
TABLE 79	CHINA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	138 
9.4.3	INDIA	139 
9.4.3.1	Rising air traffic and government initiatives to contribute toward clean skies	139 
TABLE 80	INDIA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	139 
TABLE 81	INDIA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	139 
TABLE 82	INDIA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	140 
TABLE 83	INDIA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	140 
9.4.4	JAPAN	141 
9.4.4.1	Investments in bio-based and conventional jet fuel to drive market	141 
TABLE 84	JAPAN: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	141 
TABLE 85	JAPAN: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	141 
TABLE 86	JAPAN: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	142 
TABLE 87	JAPAN: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	142 
9.4.5	SOUTH KOREA	143 
9.4.5.1	Government initiatives for low carbon strategy to drive market	143 
TABLE 88	SOUTH KOREA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	143 
TABLE 89	SOUTH KOREA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	143 
TABLE 90	SOUTH KOREA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	144 
TABLE 91	SOUTH KOREA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	144 
9.4.6	AUSTRALIA	145 
9.4.6.1	Recovery of domestic airline industry to drive market	145 
TABLE 92	AUSTRALIA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	145 
TABLE 93	AUSTRALIA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	145 
TABLE 94	AUSTRALIA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	146 
TABLE 95	AUSTRALIA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	146 
9.4.7	REST OF ASIA PACIFIC	147 
TABLE 96	REST OF ASIA PACIFIC: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	147 
TABLE 97	REST OF ASIA PACIFIC: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	147 
TABLE 98	REST OF ASIA PACIFIC: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	148 
TABLE 99	REST OF ASIA PACIFIC: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	148 
9.5	LATIN AMERICA	149 
FIGURE 29	LATIN AMERICA: AVIATION FUEL MARKET SNAPSHOT	149 
9.5.1	PESTLE ANALYSIS: LATIN AMERICA	150 
TABLE 100	LATIN AMERICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	151 
TABLE 101	LATIN AMERICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	151 
TABLE 102	LATIN AMERICA: AVIATION FUEL MARKET, BY FUEL TYPE (FURTHER BREAKDOWN), 2018–2021 (USD MILLION)	151 
TABLE 103	LATIN AMERICA: AVIATION FUEL MARKET, BY FUEL TYPE (FURTHER BREAKDOWN), 2022–2030 (USD MILLION)	152 
TABLE 104	LATIN AMERICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	152 
TABLE 105	LATIN AMERICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	153 
TABLE 106	LATIN AMERICA: AVIATION FUEL MARKET, BY COUNTRY, 2018–2021 (USD MILLION)	153 
TABLE 107	LATIN AMERICA: AVIATION FUEL MARKET, BY COUNTRY, 2022–2030 (USD MILLION)	153 
9.5.2	BRAZIL	154 
9.5.2.1	GHG reduction initiatives to drive market	154 
TABLE 108	BRAZIL: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	154 
TABLE 109	BRAZIL: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	154 
TABLE 110	BRAZIL: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	155 
TABLE 111	BRAZIL: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	155 
9.5.3	MEXICO	156 
9.5.3.1	Rise in tourism to lead to market growth	156 
TABLE 112	MEXICO: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	156 
TABLE 113	MEXICO: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	156 
TABLE 114	MEXICO: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	157 
TABLE 115	MEXICO: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	157 
9.5.4	REST OF LATIN AMERICA	158 
TABLE 116	REST OF LATIN AMERICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	158 
TABLE 117	REST OF LATIN AMERICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	158 
TABLE 118	REST OF LATIN AMERICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	159 
TABLE 119	REST OF LATIN AMERICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	159 
9.6	MIDDLE EAST & AFRICA	160 
FIGURE 30	MIDDLE EAST & AFRICA: AVIATION FUEL MARKET SNAPSHOT	160 
9.6.1	PESTLE ANALYSIS: MIDDLE EAST & AFRICA	161 
TABLE 120	MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	162 
TABLE 121	MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	162 
TABLE 122	MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY FUEL TYPE (FURTHER BREAKDOWN), 2018–2021 (USD MILLION)	162 
TABLE 123	MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY FUEL TYPE (FURTHER BREAKDOWN), 2022–2030 (USD MILLION)	163 
TABLE 124	MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	163 
TABLE 125	MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	164 
TABLE 126	MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY COUNTRY, 2018–2021 (USD MILLION)	164 
TABLE 127	MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY COUNTRY, 2022–2030 (USD MILLION)	165 
9.6.2	SAUDI ARABIA	165 
9.6.2.1	Increasing use of private jet services to boost market	165 
TABLE 128	SAUDI ARABIA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	165 
TABLE 129	SAUDI ARABIA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	165 
TABLE 130	SAUDI ARABIA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	166 
TABLE 131	SAUDI ARABIA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	166 
9.6.3	TURKEY	167 
9.6.3.1	Development of tourism industry to drive market	167 
TABLE 132	TURKEY: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	167 
TABLE 133	TURKEY: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	167 
TABLE 134	TURKEY: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	168 
TABLE 135	TURKEY: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	168 
9.6.4	ISRAEL	169 
9.6.4.1	Increasing aviation fuel demand from military sector to drive market	169 
TABLE 136	ISRAEL: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	169 
TABLE 137	ISRAEL: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	169 
TABLE 138	ISRAEL: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	170 
TABLE 139	ISRAEL: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	170 
9.6.5	UAE	171 
9.6.5.1	New initiatives on sustainability to drive market	171 
TABLE 140	UAE: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	171 
TABLE 141	UAE: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	171 
TABLE 142	UAE: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	172 
TABLE 143	UAE: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	172 
9.6.6	SOUTH AFRICA	173 
9.6.6.1	Increasing jet fuel consumption to drive market	173 
TABLE 144	SOUTH AFRICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	173 
TABLE 145	SOUTH AFRICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	173 
TABLE 146	SOUTH AFRICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	174 
TABLE 147	SOUTH AFRICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	174 
9.6.7	REST OF MIDDLE EAST & AFRICA	175 
TABLE 148	REST OF MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)	175 
TABLE 149	REST OF MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)	175 
TABLE 150	REST OF MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)	176 
TABLE 151	REST OF MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)	177 
10	COMPETITIVE LANDSCAPE	178 
10.1	INTRODUCTION	178 
TABLE 152	KEY DEVELOPMENTS BY LEADING PLAYERS BETWEEN 2020 AND 2022	178 
10.2	REVENUE ANALYSIS OF KEY PLAYERS, 2021	180 
FIGURE 31	AVIATION FUEL MARKET: REVENUE ANALYSIS OF KEY COMPANIES (2017-2021)	180 
10.3	MARKET SHARE ANALYSIS OF KEY PLAYERS, 2021	180 
FIGURE 32	AVIATION FUEL MARKET: MARKET SHARE ANALYSIS, 2021	181 
TABLE 153	AVIATION FUEL MARKET: DEGREE OF COMPETITION	181 
10.4	COMPANY EVALUATION QUADRANT	183 
FIGURE 33	AVIATION FUEL MARKET (GLOBAL) COMPANY EVALUATION MATRIX, 2021	183 
10.4.1	STARS	184 
10.4.2	PERVASIVE PLAYERS	184 
10.4.3	EMERGING LEADERS	184 
10.4.4	PARTICIPANTS	184 
10.5	AVIATION FUEL MARKET (SME), STARTUP EVALUATION MATRIX, 2021	185 
FIGURE 34	AVIATION FUEL MARKET COMPETITIVE LEADERSHIP MAPPING (SME)	185 
10.5.1	PROGRESSIVE COMPANIES	185 
10.5.2	RESPONSIVE COMPANIES	185 
10.5.3	STARTING BLOCKS	186 
10.5.4	DYNAMIC COMPANIES	186 
TABLE 154	AVIATION FUEL MARKET: DETAILED LIST OF KEY START-UPS/SMES	186 
TABLE 155	AVIATION FUEL MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [START-UPS/SMES]	187 
10.6	COMPETITIVE SCENARIO AND TRENDS	187 
10.6.1	PRODUCT LAUNCHES	187 
TABLE 156	AVIATION FUEL MARKET: PRODUCT LAUNCHES, 2019–DECEMBER 2022	187 
10.6.2	DEALS	188 
TABLE 157	AVIATION FUEL MARKET: DEALS, 2019–DECEMBER 2022	188 
11	COMPANY PROFILES	197 
11.1	INTRODUCTION	197 
11.2	KEY PLAYERS	197 
(Business overview, Products offered, Recent Developments, MNM view)* 
11.2.1	EXXON MOBIL CORPORATION	197 
FIGURE 35	EXXON MOBIL CORPORATION: COMPANY SNAPSHOT	198 
TABLE 158	EXXON MOBIL CORPORATION: PRODUCTS OFFERED	198 
TABLE 159	EXXON MOBIL CORPORATION: DEALS	199 
11.2.2	CHEVRON CORPORATION	202 
TABLE 160	CHEVRON CORPORATION: BUSINESS OVERVIEW	202 
FIGURE 36	CHEVRON CORPORATION: COMPANY SNAPSHOT	202 
TABLE 161	CHEVRON CORPORATION: PRODUCTS OFFERED	203 
TABLE 162	CHEVRON CORPORATION: DEALS	203 
11.2.3	BRITISH PETROLEUM (BP)	207 
TABLE 163	BRITISH PETROLEUM: BUSINESS OVERVIEW	207 
FIGURE 37	BRITISH PETROLEUM: COMPANY SNAPSHOT	208 
TABLE 164	BRITISH PETROLEUM: PRODUCTS OFFERED	208 
TABLE 165	BRITISH PETROLEUM: PRODUCT LAUNCHES	209 
TABLE 166	BRITISH PETROLEUM: DEALS	209 
11.2.4	SHELL	211 
TABLE 167	SHELL: BUSINESS OVERVIEW	211 
FIGURE 38	SHELL: COMPANY SNAPSHOT	211 
TABLE 168	SHELL: PRODUCTS OFFERED	212 
TABLE 169	SHELL: PRODUCT LAUNCHES	212 
TABLE 170	SHELL: DEALS	212 
11.2.5	TOTALENERGIES	214 
TABLE 171	TOTALENERGIES: BUSINESS OVERVIEW	214 
FIGURE 39	TOTALENERGIES: COMPANY SNAPSHOT	215 
TABLE 172	TOTALENERGIES: PRODUCTS OFFERED	215 
TABLE 173	TOTALENERGIES: DEALS	216 
11.2.6	NESTE	218 
TABLE 174	NESTE: BUSINESS OVERVIEW	218 
FIGURE 40	NESTE: COMPANY SNAPSHOT	219 
TABLE 175	NESTE: PRODUCTS OFFERED	219 
TABLE 176	NESTE: DEALS	220 
11.2.7	GAZPROM	221 
TABLE 177	GAZPROM: BUSINESS OVERVIEW	221 
FIGURE 41	GAZPROM: COMPANY SNAPSHOT	222 
TABLE 178	GAZPROM: PRODUCTS OFFERED	222 
TABLE 179	GAZPROM: DEALS	223 
11.2.8	WORLD FUEL SERVICES	224 
TABLE 180	WORLD FUEL SERVICES: BUSINESS OVERVIEW	224 
FIGURE 42	WORLD FUEL SERVICES: COMPANY SNAPSHOT	225 
TABLE 181	WORLD FUEL SERVICES: PRODUCTS OFFERED	225 
TABLE 182	WORLD FUEL SERVICES: PRODUCT LAUNCHES	226 
11.2.9	INDIAN OIL CORPORATION	227 
TABLE 183	INDIAN OIL CORPORATION: BUSINESS OVERVIEW	227 
FIGURE 43	INDIAN OIL CORPORATION: COMPANY SNAPSHOT	228 
TABLE 184	INDIAN OIL CORPORATION: PRODUCTS OFFERED	228 
11.2.10	VALERO ENERGY CORPORATION	229 
TABLE 185	VALERO ENERGY CORPORATION: BUSINESS OVERVIEW	229 
FIGURE 44	VALERO ENERGY CORPORATION: COMPANY SNAPSHOT	230 
TABLE 186	VALERO ENERGY CORPORATION: PRODUCTS OFFERED	230 
TABLE 187	VALERO ENERGY CORPORATION: DEALS	231 
11.2.11	MARATHON PETROLEUM CORPORATION	232 
TABLE 188	MARATHON PETROLEUM CORPORATION: BUSINESS OVERVIEW	232 
FIGURE 45	MARATHON PETROLEUM CORPORATION: COMPANY SNAPSHOT	233 
TABLE 189	MARATHON PETROLEUM CORPORATION: PRODUCTS OFFERED	233 
TABLE 190	MARATHON PETROLEUM CORPORATION: DEALS	234 
11.2.12	LUKOIL	235 
TABLE 191	LUKOIL: BUSINESS OVERVIEW	235 
FIGURE 46	LUKOIL: COMPANY SNAPSHOT	236 
TABLE 192	LUKOIL: PRODUCTS OFFERED	236 
11.2.13	BHARAT PETROLEUM CORPORATION	237 
TABLE 193	BHARAT PETROLEUM CORPORATION: BUSINESS OVERVIEW	237 
FIGURE 47	BHARAT PETROLEUM CORPORATION: COMPANY SNAPSHOT	237 
TABLE 194	BHARAT PETROLEUM CORPORATION: PRODUCTS OFFERED	238 
11.2.14	FULCRUM BIOENERGY	239 
TABLE 195	FULCRUM BIOENERGY: BUSINESS OVERVIEW	239 
TABLE 196	FULCRUM BIOENERGY: PRODUCTS OFFERED	239 
TABLE 197	FULCRUM BIOENERGY: PRODUCT LAUNCHES	240 
TABLE 198	FULCRUM BIOENERGY: DEALS	240 
11.2.15	LANZATECH	241 
TABLE 199	LANZATECH.: BUSINESS OVERVIEW	241 
TABLE 200	LANZATECH: PRODUCTS OFFERED	241 
TABLE 201	LANZATECH: PRODUCT LAUNCHES	242 
TABLE 202	LANZATECH: DEALS	242 
11.2.16	WORLD ENERGY	243 
TABLE 203	WORLD ENERGY: BUSINESS OVERVIEW	243 
TABLE 204	WORLD ENERGY: PRODUCTS OFFERED	243 
TABLE 205	WORLD ENERGY: PRODUCT LAUNCHES	243 
TABLE 206	WORLD ENERGY: DEALS	244 
11.2.17	GEVO INC.	245 
TABLE 207	GEVO INC.: BUSINESS OVERVIEW	245 
TABLE 208	GEVO: PRODUCTS OFFERED	245 
TABLE 209	GEVO: DEALS	245 
11.2.18	PETROBRAS	246 
TABLE 210	PETROBRAS: BUSINESS OVERVIEW	246 
FIGURE 48	PETROBRAS: COMPANY SNAPSHOT	247 
TABLE 211	PETROBRAS: PRODUCTS OFFERED	247 
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies. 
11.3	OTHER PLAYERS	248 
11.3.1	PROMETHEUS FUELS	248 
TABLE 212	PROMETHEUS FUELS: COMPANY OVERVIEW	248 
11.3.2	RED ROCK BIOFUELS	248 
TABLE 213	RED ROCK BIOFUELS: COMPANY OVERVIEW	248 
11.3.3	WASTEFUEL	249 
TABLE 214	WASTEFUEL: COMPANY OVERVIEW	249 
11.3.4	SINOPEC CORPORATION	249 
TABLE 215	SINOPEC CORPORATION: COMPANY OVERVIEW	249 
11.3.5	AEMETIS	250 
TABLE 216	AEMETIS: COMPANY OVERVIEW	250 
11.3.6	VIRENT	250 
TABLE 217	VIRENT: COMPANY OVERVIEW	250 
11.3.7	NORTHWEST ADVANCED BIO-FUELS, LLC	251 
TABLE 218	NORTHWEST ADVANCED BIO-FUELS: COMPANY OVERVIEW	251 
12	APPENDIX	252 
12.1	DISCUSSION GUIDE	252 
12.2	KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL	254 
12.3	CUSTOMIZATION OPTIONS	256 
12.4	RELATED REPORTS	256 
12.5	AUTHOR DETAILS	257 
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