Product Code: ETC13339194 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Jet Kerosene Market was valued at USD 140 Billion in 2024 and is expected to reach USD 182.5 Billion by 2031, growing at a compound annual growth rate of 4.71% during the forecast period (2025-2031).
The global jet kerosene market is a vital sector within the aviation industry, primarily driven by the increasing demand for air travel worldwide. Jet kerosene, also known as aviation turbine fuel, is the most commonly used fuel for powering commercial and military aircraft. The market is influenced by factors such as airline passenger growth, economic conditions, geopolitical tensions affecting oil prices, and environmental regulations impacting fuel efficiency. Major players in the industry include oil companies, refiners, and aviation fuel suppliers. With the rising focus on sustainable aviation and the development of biofuels, the market is experiencing a shift towards more environmentally friendly alternatives. Overall, the global jet kerosene market is poised for continued growth and innovation as the aviation industry evolves to meet changing demands and regulations.
The Global Jet Kerosene Market is witnessing several key trends and opportunities. With the increasing demand for air travel globally, the demand for jet kerosene is expected to continue rising. The Asia-Pacific region, in particular, is experiencing rapid growth in air passenger traffic, presenting significant opportunities for market expansion. Additionally, the focus on sustainability and reducing carbon emissions in the aviation industry is driving the adoption of biojet fuels made from renewable sources. This shift towards cleaner aviation fuels presents a promising opportunity for market players to innovate and cater to the growing demand for eco-friendly alternatives in the jet kerosene market. Overall, the market is poised for growth, driven by rising air travel demand, regional expansion, and the shift towards sustainable aviation fuels.
The Global Jet Kerosene Market faces several challenges including fluctuating oil prices, geopolitical uncertainties impacting supply chains, increasing environmental concerns leading to a shift towards sustainable aviation fuels, and the ongoing impact of the COVID-19 pandemic on air travel demand. Additionally, regulatory changes and mandates related to emissions reduction and carbon pricing pose challenges for the industry. The market also contends with competition from alternative fuels and technologies, as well as the need for infrastructure investments to support the growing demand for jet kerosene. Overall, navigating these challenges requires careful strategic planning, innovation, and adaptation to evolving market dynamics in order to sustain growth and competitiveness in the global jet kerosene market.
The Global Jet Kerosene Market is primarily driven by the increasing demand for air travel due to rising disposable incomes, expanding tourism industry, and growing international trade. The growth of low-cost carriers, especially in emerging markets, has further accelerated the demand for jet kerosene. Additionally, the development of long-range and fuel-efficient aircrafts, coupled with advancements in propulsion technologies, has also contributed to the market growth. Geopolitical factors, such as fluctuating crude oil prices, supply disruptions, and regulatory policies, also play a significant role in shaping the dynamics of the market. Overall, the Global Jet Kerosene Market is expected to continue its growth trajectory driven by the expanding aviation industry and technological advancements.
Government policies related to the Global Jet Kerosene Market vary by country and region but generally focus on environmental regulations, taxation, and safety standards. Key policies include emissions regulations aimed at reducing greenhouse gas emissions from aviation fuel, such as the European Union Emissions Trading System and the International Civil Aviation Organization`s Carbon Offsetting and Reduction Scheme for International Aviation. Taxation policies also impact the market, with some countries imposing taxes on jet fuel to encourage fuel efficiency and reduce carbon emissions. Additionally, safety standards enforced by regulatory bodies like the Federal Aviation Administration in the United States and the European Aviation Safety Agency play a crucial role in ensuring the quality and reliability of jet kerosene fuel in the market.
The Global Jet Kerosene Market is expected to witness steady growth in the coming years, driven by increasing air travel demand, particularly in emerging markets. Factors such as rising disposable incomes, expanding middle-class population, and growing tourism industry are anticipated to contribute to the market expansion. Additionally, advancements in aircraft technology leading to improved fuel efficiency and growing focus on sustainability through the use of biofuels are likely to shape the market dynamics. However, fluctuating crude oil prices, geopolitical tensions, and regulatory challenges related to emissions could pose some hindrances to market growth. Overall, the Global Jet Kerosene Market is projected to experience moderate growth, with key players focusing on innovation and strategic partnerships to maintain a competitive edge in the evolving aviation industry landscape.
In the global jet kerosene market, Asia is expected to witness significant growth due to the increasing air travel demand in countries like China and India. North America is projected to remain a key market player with a strong aviation industry and technological advancements. Europe is likely to focus on sustainable aviation fuel initiatives to reduce carbon emissions. The Middle East and Africa region is anticipated to experience steady growth driven by expanding airline fleets and infrastructure development. Latin America is expected to see moderate growth owing to economic challenges but with potential opportunities in emerging markets like Brazil and Mexico. Overall, the jet kerosene market across these regions is influenced by factors such as economic conditions, regulatory policies, and technological advancements in the aviation sector.
Global Jet Kerosene Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Jet Kerosene Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Jet Kerosene Market Revenues & Volume, 2021 & 2031F |
3.3 Global Jet Kerosene Market - Industry Life Cycle |
3.4 Global Jet Kerosene Market - Porter's Five Forces |
3.5 Global Jet Kerosene Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Jet Kerosene Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Global Jet Kerosene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Jet Kerosene Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.9 Global Jet Kerosene Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global Jet Kerosene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Jet Kerosene Market Trends |
6 Global Jet Kerosene Market, 2021 - 2031 |
6.1 Global Jet Kerosene Market, Revenues & Volume, By Grade, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Jet Kerosene Market, Revenues & Volume, By Jet A, 2021 - 2031 |
6.1.3 Global Jet Kerosene Market, Revenues & Volume, By Jet A-1, 2021 - 2031 |
6.1.4 Global Jet Kerosene Market, Revenues & Volume, By Jet B, 2021 - 2031 |
6.2 Global Jet Kerosene Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Jet Kerosene Market, Revenues & Volume, By Commercial, 2021 - 2031 |
6.2.3 Global Jet Kerosene Market, Revenues & Volume, By Military, 2021 - 2031 |
6.2.4 Global Jet Kerosene Market, Revenues & Volume, By Private Aviation, 2021 - 2031 |
6.3 Global Jet Kerosene Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Jet Kerosene Market, Revenues & Volume, By Direct, 2021 - 2031 |
6.3.3 Global Jet Kerosene Market, Revenues & Volume, By Retail, 2021 - 2031 |
6.4 Global Jet Kerosene Market, Revenues & Volume, By End User, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Jet Kerosene Market, Revenues & Volume, By Airlines, 2021 - 2031 |
6.4.3 Global Jet Kerosene Market, Revenues & Volume, By Government, 2021 - 2031 |
6.4.4 Global Jet Kerosene Market, Revenues & Volume, By Private Operators, 2021 - 2031 |
7 North America Jet Kerosene Market, Overview & Analysis |
7.1 North America Jet Kerosene Market Revenues & Volume, 2021 - 2031 |
7.2 North America Jet Kerosene Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Jet Kerosene Market, Revenues & Volume, By Grade, 2021 - 2031 |
7.4 North America Jet Kerosene Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Jet Kerosene Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
7.6 North America Jet Kerosene Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) Jet Kerosene Market, Overview & Analysis |
8.1 Latin America (LATAM) Jet Kerosene Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Jet Kerosene Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Jet Kerosene Market, Revenues & Volume, By Grade, 2021 - 2031 |
8.4 Latin America (LATAM) Jet Kerosene Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Jet Kerosene Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8.6 Latin America (LATAM) Jet Kerosene Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia Jet Kerosene Market, Overview & Analysis |
9.1 Asia Jet Kerosene Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Jet Kerosene Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Jet Kerosene Market, Revenues & Volume, By Grade, 2021 - 2031 |
9.4 Asia Jet Kerosene Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Jet Kerosene Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9.6 Asia Jet Kerosene Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa Jet Kerosene Market, Overview & Analysis |
10.1 Africa Jet Kerosene Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Jet Kerosene Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Jet Kerosene Market, Revenues & Volume, By Grade, 2021 - 2031 |
10.4 Africa Jet Kerosene Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Jet Kerosene Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10.6 Africa Jet Kerosene Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe Jet Kerosene Market, Overview & Analysis |
11.1 Europe Jet Kerosene Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Jet Kerosene Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Jet Kerosene Market, Revenues & Volume, By Grade, 2021 - 2031 |
11.4 Europe Jet Kerosene Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Jet Kerosene Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11.6 Europe Jet Kerosene Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East Jet Kerosene Market, Overview & Analysis |
12.1 Middle East Jet Kerosene Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Jet Kerosene Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Jet Kerosene Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Jet Kerosene Market, Revenues & Volume, By Grade, 2021 - 2031 |
12.4 Middle East Jet Kerosene Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Jet Kerosene Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12.6 Middle East Jet Kerosene Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global Jet Kerosene Market Key Performance Indicators |
14 Global Jet Kerosene Market - Export/Import By Countries Assessment |
15 Global Jet Kerosene Market - Opportunity Assessment |
15.1 Global Jet Kerosene Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Jet Kerosene Market Opportunity Assessment, By Grade, 2021 & 2031F |
15.3 Global Jet Kerosene Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Jet Kerosene Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
15.5 Global Jet Kerosene Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global Jet Kerosene Market - Competitive Landscape |
16.1 Global Jet Kerosene Market Revenue Share, By Companies, 2024 |
16.2 Global Jet Kerosene Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |