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Global Jet Fuel Additives Market 2017-2021

Global Jet Fuel Additives Market 2017-2021

About Jet Fuel Additives

Jet fuel additives are used in the aviation industry to improve or enhance the performance of jet fuels. They are added in small quantities that are often measurable in parts per million. Typically, additives are derived from petroleum-based raw materials, and their chemistry and function are highly specialized. They are used in varying proportions in all petroleum-derived fuels. Additives that are used in the aviation industry should be approved by regulatory bodies such as the European Aviation Safety Agency and the Federal Aviation Administration (FAA) before they are commercially used.

Technavio’s analysts forecast the global jet fuel additives market to grow at a CAGR of 7.12% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global jet fuel additives market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Jet Fuel Additives Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Afton Chemical
  • BASF
  • GENERAL ELECTRIC
  • Innospec
  • Shell
Other prominent vendors
  • Cummins Filtration
  • Chemours
  • Dow Chemical
  • Dorf Ketal
  • Hammonds
  • LANXESS
  • Meridian Fuels
  • NALCO
Market driver
  • Growing demand from emerging economies
  • For a full, detailed list, view our report
Market challenge
  • Alternate modes of transportation
  • For a full, detailed list, view our report
Market trend
  • Growing demand for efficient jet fuels
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Jet Fuel Additives Market 2017-2021

Technavio recognizes the following companies as the key players in the global jet fuel additives market: Afton Chemical, BASF, GENERAL ELECTRIC, Innospec, and Shell.

Other Prominent Vendors in the market are: Cummins Filtration, Chemours, Dow Chemical, Dorf Ketal, Hammonds, LANXESS, Meridian Fuels, and NALCO.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing demand for efficient jet fuels. The rising demand for fuel efficient and eco-friendly jet fuels is expected to drive the growth of the global jet fuel additives market during the forecast period. Jet fuel additives help in improving the performance of jet fuels such as stability, lubricity, and cleanliness.”

According to the report, one driver in the market is growing demand from emerging economies. Emerging countries are expected to lead the jet fuel additives market owing to the improvement in the standard of living, liberalization, open market, and industrialization. The increase in manufacturing activities, owing to the high GDP in emerging countries such as China, Columbia, Brazil, India, Indonesia, and Mexico, is also expected to drive the jet fuel additives market. The emergence of China and India as major manufacturing hubs in APAC is expected to drive the demand for jet fuel additives.

Further, the report states that one challenge in the market is alternate modes of transportation. Alternate and cheaper modes of transportation are expected to pose a serious threat to the aviation industry. The increase in fuel prices and taxes is expected to elevate the service charges for the transportation of goods. The global tax bill for the aviation industry was $123 billion in 2016, which was much higher than that of other transportation modes. More than 60% of countries have put on visa barriers in the way of travel.

Companies Mentioned

Afton Chemical, BASF, GENERAL ELECTRIC, Innospec, and Shell. Cummins Filtration, Chemours, Dow Chemical, Dorf Ketal, Hammonds, LANXESS, Meridian Fuels, and NALCO.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Primary functions of jet fuel additives
      • Table Global jet fuel additives market by grades and specifications
  • Market landscape
    • Market size and forecast
      • Table Global jet fuel additives market 2016 and 2021 ($ millions)
      • Table Market forecast: Global jet fuel additives market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Global jet fuel additives market by type
      • Table Global jet fuel additives market by type
  • Market segmentation by application
    • Global jet fuel additives market by application
      • Table Global jet fuel additives market by application 2016
      • Table Global jet fuel additives market by application 2021
    • Global jet fuel additives market by passenger application
      • Table Global jet fuel additives market by passenger application 2016 and 2021 ($ millions)
      • Table Market forecast: Global jet fuel additives market by passenger application 2016-2021
    • Global jet fuel additives market by cargo application
      • Table Global jet fuel additives market by cargo application 2016 and 2021 ($ millions)
      • Table Market forecast: Global jet fuel additives market by cargo application 2016-2021
  • Geographical segmentation
    • Global jet fuel additives market by geography
      • Table Global jet fuel additives market by geography 2016
      • Table Global jet fuel additives market by geography 2021
    • Jet fuel additives market in EMEA
      • Table Jet fuel additives market in EMEA 2016 and 2021 ($ millions)
      • Table Market forecast: Jet fuel additives market in EMEA 2016-2021
    • Jet fuel additives market in Americas
      • Table Jet fuel additives market in Americas 2016 and 2021 ($ millions)
      • Table Market forecast: Jet fuel additives market in Americas 2016-2021
    • Jet fuel additives market in APAC
      • Table Jet fuel additives market in APAC 2016 and 2021 ($ millions)
      • Table Market forecast: Jet fuel additives market in APAC 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global commercial airlines RPK growth rate 2013-2016 (%)
      • Table Global revenue growth of passenger and cargo commercial airlines 2011-2015 ($ billions)
      • Table Commercial airlines ASK growth rate in APAC 2012-2016 (%)
      • Table GDP growth rate of some emerging economies 2013-2015 (%)
      • Table Long-term airlines agreements with biofuel suppliers 2013-2016
    • Market challenges
  • Market trends
    • Growing demand for efficient jet fuels
    • Biorefineries: Future of petroleum
      • Table Applications of biomass
    • Growing investment in defense industry
      • Table Top seven military spending countries 2015 ($ billions)
  • Vendor landscape
    • Competitive scenario
    • Key market vendors
      • Table Global jet fuel additives market: Key vendors 2016
    • Other prominent vendors
  • Key vendor analysis
    • Afton Chemical
      • Table Afton Chemical: Products and services 2016
    • BASF
      • Table BASF: Business segmentation by revenue 2016
      • Table BASF: Geographical segmentation by revenue 2016
    • GENERAL ELECTRIC
      • Table GENERAL ELECTRIC: Business segmentation by revenue 2016
      • Table GENERAL ELECTRIC: Geographic segmentation by revenue 2016
      • Table GENERAL ELECTRIC: Jet fuel additives
    • Innospec
      • Table Innospec: Business segmentation by revenue 2016
      • Table Innospec: Geographic segmentation by revenue 2016
    • Shell
      • Table Shell: Business segmentation by revenue 2016
      • Table Shell: Geographical segmentation by revenue 2016
      • Table Shell: Jet fuel additives
  • Appendix
    • List of abbreviations
  • Explore Technavio

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