Aerospace and Defense Fuel Market Analysis - Global Industry Size, Share, Trends and Forecast, 2014 - 2024

Category : Energy and Power | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC188

Aerospace and defense fuel is a specialized petroleum-based fuel used to drive an aircraft. Aerospace and defense fuel is maintained at relatively higher quality than other fuels used in moderately critical applications including road transport or heating. This fuel often contains fuel additives to enhance its overall efficiency and reduce the risk of explosion or icing owing to high temperatures. Most of the aerospace and defense fuels are the types of petroleum fuels that are generally used in jet turbine engines or automotive/generator engines with spark plugs. It is also used widely in aircrafts with diesel engines. Aerospace and defense fuel is generally of four types namely avgas, jet fuel, CNG and others. Avgas also known as aviation gasoline is largely used in internal combustion engines with spark plugs.

The formulation of avgas is different as compared to mogas, also known as motor gasoline, which is used in military vehicles and cars. Avgas is formulated for its safety, stability and predictable and changeable performance across a wide scope of environments. Avgas is ordinarily used in aircraft which use Wankel or reciprocating engines. While jet fuel is a clear fuel which is based on either naphtha-kerosene blend or unleaded kerosene, it is like diesel fuel and is typically used in either turbine engines or compression ignition engines. Jet fuel powers commercial aircrafts and is a mixture of kerosene which burns at 49°C. Kerosene based aircraft fuel possess a relatively higher flash point as compared to gasoline based aircraft fuel. This, in turn, requires relatively higher temperature for its ignition. Jet fuel is a highly efficient fuel and in case it fails any quality test to be used in a jet aircraft, it can be used in less demanding applications such as railroad engines. Moreover, liquefied natural gas or compressed natural gas are some other fuels used in an aircraft. Turbofans can be operated by different types of fuels such as natural gas. The main advantage of using natural gas over jet fuel is its lower cost.

Increase in world economy, increasing prominence of cheaper airlines and rising demand for aircrafts, especially from emerging countries like India and China are some key factors that are expected to boost the global aerospace and defense fuel market. Moreover, increasing passenger traffic with around 10% to 12% per annum is complementing the demand for aerospace fuel. Also, expansion in production plans in aircraft manufacturing is another major factor anticipated to drive the global aerospace and defense fuel market growth during the forecast period. In addition, focus on expansion in production of aircrafts by key market players such as Airbus and Boeing is projected to increase the demand for aerospace and defense fuel. Increasing enhancements in global fiscal conditions coupled with availability of low cost airlines, especially in Asia and Middle East are some other major aspects likely to foster the demand for aerospace and defense fuel over the forecast period. However, stringent government regulations and increasing awareness for the reduction of carbon emissions are some key challenges in the global aerospace and defense fuel market.

The global aerospace and defense fuel market can be segmented on the basis of fuel type, application and geography. Based on fuel type, the global aerospace and defense fuel market can be segmented into avgas, jet fuel, natural gas and others. By application, the global aerospace and defense fuel market can be segmented into civil aviation and military & defense. By geography, the global aerospace and defense fuel market can be segmented into North America, Latin America, Europe, Middle East & Africa and Asia Pacific.

Key players in the global aerospace and defense fuel market include Chennai Petroleum Corp. Ltd., Kuwait Aviation Fueling Co., Reliance Industries Ltd., Royal Dutch Shell Plc., Hindustan Petroleum Corp. Ltd., Essar Oil Ltd., Bharat Oman Refineries Ltd., Sinopec and Indian Oil Corporation Ltd. among others.


Related Reports

Hydraulic Turbine Market (By Type: Reaction Turbin [Francis Turbine, Kaplan Turbine, Bulb Turbine], Impulse Turbine [Cross Flow Turbine, Pelton Turbine]; By Installation Site: Large Hydro Plants, Mini Hydro Plants, Micro Hydro Plants, Pico Hydro Plants; By Head Type: High, Medium, Low) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global Hydraulic Turbine market is expected to grow at noteworthy CAGR around 4.5 % throughout the forecast period and reach around US$ 2.9 billion by 2026. Hydro turbine is the electro-mechanical power generating equipment used for hydropower generation projects. Hyd

Building-Integrated Photovoltaics Market (By Technology: Thin Film, C-Si, Others; By Application: Roofs, Glass, Façade, Walls, Others; By End Use: Industrial, Commercial, Residential) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global Building-Integrated Photovoltaics market is expected to grow at noteworthy CAGR around 17.8 % throughout the forecast period and reach around US$ 32.5 billion by 2026. A photovoltaic integrated system (PVI) is an essential element of the construction skin that

Oil Pipeline Infrastructure Market (By Product: Petroleum Product, Crude Oil; By Application: Offshore, Onshore; By Operation: Gathering, Transmission; By Diameter: > 24 Inch, ? 8 Inch, >8-24 Inch) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global Oil Pipeline Infrastructure market is expected to grow at noteworthy CAGR throughout the forecast period and reach cumulative installation around 1 million Km by 2026. The infrastructure for the oil pipeline helps to transport gas via the pipeline system to a c

Marine Mining Market (By Technology: Marine Seismic Methods, Remotely Operated Vehicles (ROVs), SONAR; By Application: Automotive, Construction, Electronics, Precious Metals, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: Marine mining is otherwise called remote ocean mining is alluded to as mineral recovery process that happens on the marine floor. Marine mining is a moderately new mineral recovery process that occurs in the sea. In addition, sea mining destinations are ordinarily around extensive regions of polymetallic knobs or dynamic and wiped out aqueous vents at 1,400 to 3,700 m

Solid State Transformer Market (By Product: Distribution SST, Traction SST, Power SST; By Component: Converters, Switches, High-frequency Transformers, Others; By Application: Alternative Power Generation, Traction Locomotives, Power Distribution, Electric Vehicle Charging, Others (UPQC, etc.)) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: Solid state transformer (SST), on the other hand, known as "smart transformer," is an amalgamation of powerful semiconductor segments, control hardware, and customary high-recurrence transformers. The savvy transformers are utilized to give extra adaptability to control power conveyance systems, along these lines encouraging the smooth change of AC to DC and DC to AC,

Hydro Turbine Market (By Type: Reaction Turbine [Kaplan Turbine, Bulb Turbine, Francis Turbine], Impulse Turbine [Cross Flow Turbine, Pelton Turbine]; By Installation Type: Large Hydro Plants (more than 500 kw), Mini Hydro Plants (100 kw – 500 kw), Micro Hydro Plants (5 kw – 100 kw), Pico Hydro Plants (0 kw – 5 kw); By Head Type: High Head (300 m to 1500 m), Medium Head (30 m to 300 m), Low Head (Less than 30 m)) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction Hydro turbine is the electro-mechanical device used to generate electricity in hydropower generation projects. Hydro turbines transfer power to a rotating electricity generation shaft from moving water. The turbines rotate or turn as a reaction to the water in their blades. In the area of hydro power (the water power generation process), hydro turbines are essential. T

Cart Summary