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2030 年航空燃油市场预测:按燃油类型、飞机类型、等级、最终用户和地区进行的全球分析Aviation Fuel Market Forecasts to 2030 - Global Analysis By Fuel Type, Aircraft Type, Grade, End User and by Geography |
根据Stratistics MRC的数据,2023年全球航空燃油市场规模为2,927.7亿美元,预计到2030年将达到8,274.4亿美元,预测期内复合年增长率为16%。
喷射机燃料,也称为航空燃料,是一种用于飞机的特定类型的石油基燃料。为了确保航空运作期间的最佳性能和安全性,这种高能量密度液体必须遵守严格的规格。喷射机燃料分为几个等级,最常用的是 Jet A 和 Jet A-1。这些煤油基燃料旨在承受低温和高空的恶劣条件。
据国际航空运输协会 (IATA) 称,航空业继续应对燃油效率和环境永续性的挑战。据国际航空运输协会 (IATA) 称,航空业继续应对燃油效率和环境永续性的挑战。该协会强调产业内需要协同努力和创新来解决这些问题,并表示航空燃油技术和永续实践的进步对于塑造航空运输的未来至关重要。我们强调我们发挥着至关重要的作用。
航空业的成长
航空燃油市场主要受到全球航空业持续成长的推动。由于经济成长、可支配所得增加、全球化等因素,航空旅行需求激增,航空燃油消费量也随之增加。此外,这种扩张在开发中国家尤其明显,这些国家的航空业正在迅速扩张,并支持对喷射机燃料的稳定需求。
能源价格的不可预测性
原油价格波动对航油市场构成重大限制。由于受地缘政治事件、供应中断和经济不确定性影响的全球石油市场波动,航空公司和其他相关人员面临挑战。此外,航空公司的盈利可能会受到油价大幅上涨的影响,从而导致营运成本增加和财务不确定性。
环保航空燃料的成长
航空业对永续性的日益关注为使用永续航空燃料(SAF)提供了巨大的机会。此外,透过提高环境意识和减少碳排放的监管支持,正在为开发和使用更清洁、更环保的替代燃料创造有利的环境。
替代燃料设施不足
氢基燃料和永续航空燃料(SAF)等替代燃料顺利融入航空业的过程因缺乏这些燃料的基础设施而受到威胁。此外,替代燃料选择的扩展可能会因生产设施、分销网络和储存能力不足而受到阻碍,这将减缓该行业向永续性的过渡。
COVID-19大流行对航空燃油市场产生了重大影响。这是因为 COVID-19 大流行导致了广泛的旅行限制、禁令和航空需求急剧下降。世界各地的航空公司面临前所未有的财务挑战,包括飞机停飞和收益减少,导致燃油采购延迟和市场燃料过剩。此外,疫情的破坏性影响凸显了市场在外部衝击下的脆弱性,促使产业重新评估供应链弹性和应对突发危机的能力,需要整体协调。
喷射机燃料产业预计将在预测期内成为最大的产业
在航空燃料方面,喷射机燃料通常占据最大的市场占有率。具体而言,喷射机燃料是军用和民航机使用的主要燃料。喷射机燃料是一种为喷射发动机製造的特定煤油基燃料,可在较宽的温度范围内提供稳定性和高能量密度。此外,喷射机燃料由于其广泛的飞机相容性和严格遵守行业标准而占据主导市场占有率。
预计商业领域在预测期内复合年增长率最高。
在航空市场中,民用航空领域的复合年增长率始终最高。全球航空需求不断增长、机持有扩大以及经济成长正在推动民航业的扩张,包括航空公司提供的客运和货运服务。不断增长的中产阶级人口、新兴市场的兴起以及对有效交通的持续需求都促进了该行业的稳定增长。此外,新航线、飞机技术的改进以及对燃油效率的日益关注都有助于民用航空的扩张。
在预测期内,欧洲地区的市场占有率最高。强大的航空公司、重要的国际机场以及密集的国内和国际航班网络都支撑着欧洲的航空业。由于总部位于欧洲的主要航空服务公司和飞机製造公司的存在,欧洲占据了很大的市场占有率。此外,法律规范、技术进步和对绿色航空的承诺进一步凸显了欧洲作为全球航空市场关键参与者的角色。
市场复合年增长率最高的是亚太地区。快速的都市化、不断壮大的中产阶级以及中国和印度等新兴经济体对航空需求的不断增长是推动这一增长的部分因素。亚太地区越来越关注航空基础设施、航空公司机队扩张和机场设施现代化的重大投资。此外,由于该地区在全球贸易和商业中的战略重要性,航空业正在快速成长。
According to Stratistics MRC, the Global Aviation Fuel Market is accounted for $292.77 billion in 2023 and is expected to reach $827.44 billion by 2030 growing at a CAGR of 16% during the forecast period. Jet fuel, also referred to as aviation fuel, is a particular kind of petroleum-based fuel intended for use in aircraft. To guarantee the best possible performance and safety during aviation operations, this high-energy-density liquid is subjected to strict specifications. Jet fuel is categorized into several grades, the most commonly used being Jet A and Jet A-1 on a worldwide scale. These fuels, which are based on kerosene, are designed to endure the harsh circumstances that arise at low temperatures and high altitudes
According to the International Air Transport Association (IATA), the aviation industry continues to grapple with challenges related to fuel efficiency and environmental sustainability. The association emphasizes the need for collaborative efforts and innovation within the industry to address these concerns, highlighting the pivotal role of advancements in aviation fuel technologies and sustainable practices in shaping the future of air transportation.
Growth of the aviation industry
The aviation fuel market is primarily driven by the ongoing growth of the global aviation industry. Due to factors like economic growth, rising disposable income, and globalization, there is a surge in demand for air travel, which leads to a proportionate increase in the consumption of aviation fuel. Additionally, this expansion is especially noticeable in developing nations, where the aviation industry is expanding quickly and supporting a steady demand for jet fuel.
Unpredictability in energy prices
The volatility of oil prices poses a major constraint on the aviation fuel market. Airlines and other industry stakeholders face difficulties as a result of fluctuations in the world oil markets, which are impacted by geopolitical events, disruptions in supply, and economic uncertainty. Furthermore, the profitability of aviation companies may be impacted by sudden increases in oil prices, which can also result in higher operational costs and financial uncertainty.
Growth of eco-friendly aviation fuels
The aviation industry's growing focus on sustainability offers a substantial chance for the use of sustainable aviation fuels (SAFs). Moreover, an environment that is conducive to the development and use of cleaner and greener alternative fuels is created by rising environmental consciousness and regulatory support for lowering carbon emissions.
Inadequate facilities for alternative fuels
The smooth integration of alternative fuels, like hydrogen-based fuels or sustainable aviation fuels (SAFs), into the aviation industry is threatened by the lack of infrastructure for these fuels. Furthermore, the expansion of alternative fuel options may be hampered by inadequate production facilities, distribution networks, and storage capacities, which would slow down the industry's transition to sustainability.
The COVID-19 pandemic had a major effect on the aviation fuel market because it resulted in widespread travel restrictions, lockdowns, and a sharp decline in demand for air travel. Airlines around the world encountered previously unheard-of financial difficulties, including grounded fleets and decreased revenues, which led to postponed fuel purchases and an excess of fuel in the market. Additionally, the market's susceptibility to external shocks was highlighted by the pandemic's disruptive effects, which led to a re-evaluation of supply chain resilience and the requirement for industry-wide adjustments to handle unforeseen crises.
The Jet fuel segment is expected to be the largest during the forecast period
When it comes to aviation fuel, jet fuel usually has the largest market share. Specifically, jet fuel is the main fuel used in military and commercial aircraft. It is a specific kerosene-based fuel made for jet engines that provides stability and high energy density over a broad temperature range. Moreover, due to its wide range of aircraft compatibility and strict adherence to industry standards, jet fuel has a dominant market share.
The Commercial segment is expected to have the highest CAGR during the forecast period
In the aviation market, the commercial aviation segment has consistently demonstrated the highest CAGR. The demand for air travel worldwide is rising, airline fleets are getting bigger, and economic growth is driving the expansion of the commercial aviation sector, which includes the passenger and cargo services offered by airlines. Growing middle-class populations, the emergence of emerging markets, and the ongoing demand for effective transportation all contribute to the sector's steady growth. Additionally, new routes, improved aircraft technology, and a growing emphasis on fuel economy all contribute to the expansion of commercial aviation.
The Europe region had the largest market share during the forecast period. Strong airline companies, significant international airports, and a dense network of domestic and international flights all support the European aviation industry. Europe has a significant market share due to the presence of major aviation services and aircraft manufacturing companies with their headquarters there. Furthermore, regulatory structures, technological advancements, and a commitment to environmentally friendly aviation further define Europe's role as a major player in the world aviation market.
The market's highest CAGR has frequently been seen in the Asia-Pacific region. Rapid urbanization, the expansion of the middle class, and the rising demand for air travel in emerging economies like China and India are some of the factors driving this growth. Significant investments in aviation infrastructure, airline fleet expansion, and an increasing emphasis on modernizing airport facilities have all occurred in the Asia-Pacific region. Additionally, the aviation industry has grown rapidly due to the region's strategic importance in world trade and commerce.
Key players in the market
Some of the key players in Aviation Fuel market include Emirates National Oil Company, Chevron Corporation, Marathon Petroleum Corporation, Abu Dhabi National Oil Company, Essar Oil Limited, Allied Aviation Services Inc, Exxon Mobil Corporation, Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited, World Fuel Services Corporation, British Petroleum Fuel, Royal Dutch Shell plc, China Aviation Oil Corporation Ltd, Viva Energy Group, TotalEnergies SE and Valero Energy Corporation.
In December 2023, Marathon Petroleum Corporation MPC, a leading downstream energy company, secured a two-year time charter contract with Performance Shipping Inc., a prominent oil shipping company. The deal involves Performance Shipping's M/T P. Long Beach tanker transporting refined products for MPC at a rate of $37,200 per day, generating approximately $25.7 million in gross revenue for the former.
In October 2023, Chevron Corporation announced today that it has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per share based on Chevron's closing price on October 20, 2023. Under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron for each Hess share. The total enterprise value, including debt, of the transaction is $60 billion.
In October 2023, Abu Dhabi National Oil Co. announced it has taken a final investment decision and awarded the build contracts for a gas project expected to produce over 1.5 billion cubic feet per day at home. The state-owned energy giant touted the Hail and Ghasha Offshore Development project in the Emirati capital as the world's first gas production project to have net-zero emissions.