September 28, 2020 01:45 AM Eastern Daylight Time
LONDON–(BUSINESS WIRE)–Technavio has been monitoring the jet fuel market and it is poised to grow by USD 60.23 billion during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
The #Global Jet Fuel Market will grow by USD 60.23 bn during 2020-2024, according to @Technavio
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Frequently Asked Questions-
- Based on segmentation by application, which is the leading segment in the market?
- What are the major trends in the market?
- At what rate is the market projected to grow?
- Who are the top players in the market?
- What are the key market drivers?
- How big is the APAC market?
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. BP Plc, Chevron Corp., Exxon Mobil Corp., Indian Oil Corp. Ltd., PetroChina Co. Ltd., Qatar Petroleum, Rosneft Oil Co., Royal Dutch Shell Plc, Saudi Arabian Oil Co., and TOTAL SA. are some of the major market participants. The popularity of air transportation will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.