Global Aviation Fuel Additives Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Additive Type Coverage, By Fuel Type Coverage, By Application Coverage, By Geographic Coverage and By Company)
Published Date: Sep 2023 |
Format:
| No. of Pages: 270
Aviation fuel additives are chemical compounds mixed with aviation fuels to enhance their performance and safety. These additives serve various purposes, including preventing fuel system icing, improving combustion efficiency, and reducing harmful emissions. They play a crucial role in maintaining the reliability and safety of aircraft engines.
Jet fuel type constituted a major share of the global aviation fuel additives market in 2022. Whereas the dispersants aviation fuel additive type category registered the largest share of the market the same year.
Safety is a top priority in aviation industry, and fuel additives play a crucial role in ensuring it. Manufacturers are continually researching and developing additives that prevent fuel system icing, inhibit corrosion, and improve the stability of aviation fuels. Rigorous testing and adherence to aviation industry standards are essential in addressing safety concerns.
North America, and Europe are significant contributors to the global aviation fuel additives market, given their large aviation industries. Asia Pacific is also a growing market due to the expansion of air travel in the region. Emerging markets in Latin America and Africa are expected to show potential for future growth.
BASF SE, Clariant AG, TotalEnergies, Shell Chemicals LP, Meridian Fuels, and Dorf-Ketal Chemicals India Pvt., Ltd. are some of the leading players in the global market for aviation fuel additives.