Asia-Pacific Commercial Aircraft Aviation Fuel Market Size & Share | 2027

 

Market Overview:

During the forecast period of 2020–2025, the Asia-Pacific market for commercial aircraft aviation fuel is expected to grow at a CAGR of approximately 17.68%. Commercial aviation encompasses both scheduled and non-scheduled aircraft, as well as commercial air transport of passengers or cargo. The growing number of air passengers and aircraft fleets worldwide, particularly in the Asia-Pacific region, are expected to drive the market during the forecast period. However, the COVID-19 pandemic, which originated in China, has had a severe impact on the region’s commercial aviation industry, stifling market growth.

Because of the large fleet size and ongoing developments such as non-volatile particulate matter (nvPM) or black carbon emissions, air turbine fuel (ATF) is expected to dominate the market during the forecast period.
Growing concerns about airline emissions, as well as government initiatives in developed economies to reduce airline emissions, are expected to provide significant opportunities for aviation fuel in the coming years.
China is expected to be the largest market during the forecast period, owing to an increase in the fleet of low-cost carriers and growth in the manufacturing sector, which is correlated with an increase in air cargo volumes.

Scope of the Report

The Asia-Pacific commercial aircraft aviation fuel market report includes:

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