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Jet Fuel Additives-Global Market Insights and Sales Trends 2024
Synopsis
Most fuels such as gasoline, kerosene (jet fuel), gas oil (diesel fuel) and fuel oil have drawbacks which do not allow their long term storage, make difficult transportation and even use. About 20 properties of fuels can be improved, maintained or imparted new beneficial characteristics by the adding of small amounts of certain chemicals named fuel additives. Fuel additives are added in very small concentrations: from several ppm to several thousands ppm.
The global Jet Fuel Additives market size is expected to reach US$ 1086.7 million by 2029, growing at a CAGR of 5.0% from 2023 to 2029. The market is mainly driven by the significant applications of Jet Fuel Additives in various end use industries. The expanding demands from the Passenger and Freighter Aircrafts and Cargo Aircrafts, are propelling Jet Fuel Additives market. Icing Inhibitors, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Antioxidants segment is estimated at % CAGR for the next seven-year period.
Tetra-ethyl lead is added to improve the anti-knock characteristics of Avgas. There are pressures to eliminate this additive on environmental grounds. Antioxidants (gum inhibitors) must be used in Avgas to prevent the formation of gum and other antioxidation products. Jet fuels, which are inherently more stable than gasolines, may contain them, depending on the treatment process used during manufacture. A metal deactivator - now rarely used - may be added to nullify the effects of dissolved trace metals, especially copper, which can impair the thermal stability of jet fuels. Corrosion inhibitors can be used to reduce corrosion in fuel system and improve the lubricity - lubricating properties - of jet fuels. Fuel system icing inhibitors reduce the freezing point of any water that may be in the fuel system and prevent the formation of ice crystals that could restrict fuel flow. They are mandatory in military Jet but are not used in civil aircraft that have fuel heaters. They may be added to either Jet or Avgas during the fuelling of small aircraft.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Jet Fuel Additives, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Jet Fuel Additives market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Jet Fuel Additives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Jet Fuel Additives sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Jet Fuel Additives covered in this report include Afton Chemical, BASF, GE, Innospec, Shell, Chemours, Dow Chemical, Dorf Ketal and Hammonds, etc.
The global Jet Fuel Additives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Afton Chemical
BASF
GE
Innospec
Shell
Chemours
Dow Chemical
Dorf Ketal
Hammonds
Lanxess
Meridian Fuels
NALCO
Cummins Filtration
Global Jet Fuel Additives market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Jet Fuel Additives market, Segment by Type:
Icing Inhibitors
Antioxidants
Antiknock Additives
Metal Deactivators
Conductivity Improvers
Corrosion Inhibitors
Global Jet Fuel Additives market, by Application
Passenger and Freighter Aircrafts
Cargo Aircrafts
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Jet Fuel Additives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Jet Fuel Additives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Most fuels such as gasoline, kerosene (jet fuel), gas oil (diesel fuel) and fuel oil have drawbacks which do not allow their long term storage, make difficult transportation and even use. About 20 properties of fuels can be improved, maintained or imparted new beneficial characteristics by the adding of small amounts of certain chemicals named fuel additives. Fuel additives are added in very small concentrations: from several ppm to several thousands ppm.
The global Jet Fuel Additives market size is expected to reach US$ 1086.7 million by 2029, growing at a CAGR of 5.0% from 2023 to 2029. The market is mainly driven by the significant applications of Jet Fuel Additives in various end use industries. The expanding demands from the Passenger and Freighter Aircrafts and Cargo Aircrafts, are propelling Jet Fuel Additives market. Icing Inhibitors, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Antioxidants segment is estimated at % CAGR for the next seven-year period.
Tetra-ethyl lead is added to improve the anti-knock characteristics of Avgas. There are pressures to eliminate this additive on environmental grounds. Antioxidants (gum inhibitors) must be used in Avgas to prevent the formation of gum and other antioxidation products. Jet fuels, which are inherently more stable than gasolines, may contain them, depending on the treatment process used during manufacture. A metal deactivator - now rarely used - may be added to nullify the effects of dissolved trace metals, especially copper, which can impair the thermal stability of jet fuels. Corrosion inhibitors can be used to reduce corrosion in fuel system and improve the lubricity - lubricating properties - of jet fuels. Fuel system icing inhibitors reduce the freezing point of any water that may be in the fuel system and prevent the formation of ice crystals that could restrict fuel flow. They are mandatory in military Jet but are not used in civil aircraft that have fuel heaters. They may be added to either Jet or Avgas during the fuelling of small aircraft.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Jet Fuel Additives, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Jet Fuel Additives market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Jet Fuel Additives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Jet Fuel Additives sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Jet Fuel Additives covered in this report include Afton Chemical, BASF, GE, Innospec, Shell, Chemours, Dow Chemical, Dorf Ketal and Hammonds, etc.
The global Jet Fuel Additives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Afton Chemical
BASF
GE
Innospec
Shell
Chemours
Dow Chemical
Dorf Ketal
Hammonds
Lanxess
Meridian Fuels
NALCO
Cummins Filtration
Global Jet Fuel Additives market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Jet Fuel Additives market, Segment by Type:
Icing Inhibitors
Antioxidants
Antiknock Additives
Metal Deactivators
Conductivity Improvers
Corrosion Inhibitors
Global Jet Fuel Additives market, by Application
Passenger and Freighter Aircrafts
Cargo Aircrafts
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Jet Fuel Additives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Jet Fuel Additives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Jet Fuel Additives Market Overview
1.1 Jet Fuel Additives Product Overview
1.2 Jet Fuel Additives Market Segment by Type
1.2.1 Icing Inhibitors
1.2.2 Antioxidants
1.2.3 Antiknock Additives
1.2.4 Metal Deactivators
1.2.5 Conductivity Improvers
1.2.6 Corrosion Inhibitors
1.3 Global Jet Fuel Additives Market Size by Type
1.3.1 Global Jet Fuel Additives Market Size Overview by Type (2018-2029)
1.3.2 Global Jet Fuel Additives Historic Market Size Review by Type (2018-2023)
1.3.3 Global Jet Fuel Additives Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Jet Fuel Additives Sales Breakdown by Type (2018-2023)
1.4.2 Europe Jet Fuel Additives Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Jet Fuel Additives Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Jet Fuel Additives Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Jet Fuel Additives Sales Breakdown by Type (2018-2023)
2 Global Jet Fuel Additives Market Competition by Company
2.1 Global Top Players by Jet Fuel Additives Sales (2018-2023)
2.2 Global Top Players by Jet Fuel Additives Revenue (2018-2023)
2.3 Global Top Players by Jet Fuel Additives Price (2018-2023)
2.4 Global Top Manufacturers Jet Fuel Additives Manufacturing Base Distribution, Sales Area, Product Type
2.5 Jet Fuel Additives Market Competitive Situation and Trends
2.5.1 Jet Fuel Additives Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Jet Fuel Additives Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Jet Fuel Additives as of 2022)
2.7 Date of Key Manufacturers Enter into Jet Fuel Additives Market
2.8 Key Manufacturers Jet Fuel Additives Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Jet Fuel Additives Status and Outlook by Region
3.1 Global Jet Fuel Additives Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Jet Fuel Additives Historic Market Size by Region
3.2.1 Global Jet Fuel Additives Sales in Volume by Region (2018-2023)
3.2.2 Global Jet Fuel Additives Sales in Value by Region (2018-2023)
3.2.3 Global Jet Fuel Additives Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Jet Fuel Additives Forecasted Market Size by Region
3.3.1 Global Jet Fuel Additives Sales in Volume by Region (2024-2029)
3.3.2 Global Jet Fuel Additives Sales in Value by Region (2024-2029)
3.3.3 Global Jet Fuel Additives Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Jet Fuel Additives by Application
4.1 Jet Fuel Additives Market Segment by Application
4.1.1 Passenger and Freighter Aircrafts
4.1.2 Cargo Aircrafts
4.2 Global Jet Fuel Additives Market Size by Application
4.2.1 Global Jet Fuel Additives Market Size Overview by Application (2018-2029)
4.2.2 Global Jet Fuel Additives Historic Market Size Review by Application (2018-2023)
4.2.3 Global Jet Fuel Additives Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Jet Fuel Additives Sales Breakdown by Application (2018-2023)
4.3.2 Europe Jet Fuel Additives Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Jet Fuel Additives Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Jet Fuel Additives Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Jet Fuel Additives Sales Breakdown by Application (2018-2023)
5 North America Jet Fuel Additives by Country
5.1 North America Jet Fuel Additives Historic Market Size by Country
5.1.1 North America Jet Fuel Additives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Jet Fuel Additives Sales in Volume by Country (2018-2023)
5.1.3 North America Jet Fuel Additives Sales in Value by Country (2018-2023)
5.2 North America Jet Fuel Additives Forecasted Market Size by Country
5.2.1 North America Jet Fuel Additives Sales in Volume by Country (2024-2029)
5.2.2 North America Jet Fuel Additives Sales in Value by Country (2024-2029)
6 Europe Jet Fuel Additives by Country
6.1 Europe Jet Fuel Additives Historic Market Size by Country
6.1.1 Europe Jet Fuel Additives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Jet Fuel Additives Sales in Volume by Country (2018-2023)
6.1.3 Europe Jet Fuel Additives Sales in Value by Country (2018-2023)
6.2 Europe Jet Fuel Additives Forecasted Market Size by Country
6.2.1 Europe Jet Fuel Additives Sales in Volume by Country (2024-2029)
6.2.2 Europe Jet Fuel Additives Sales in Value by Country (2024-2029)
7 Asia-Pacific Jet Fuel Additives by Region
7.1 Asia-Pacific Jet Fuel Additives Historic Market Size by Region
7.1.1 Asia-Pacific Jet Fuel Additives Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Jet Fuel Additives Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Jet Fuel Additives Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Jet Fuel Additives Forecasted Market Size by Region
7.2.1 Asia-Pacific Jet Fuel Additives Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Jet Fuel Additives Sales in Value by Region (2024-2029)
8 Latin America Jet Fuel Additives by Country
8.1 Latin America Jet Fuel Additives Historic Market Size by Country
8.1.1 Latin America Jet Fuel Additives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Jet Fuel Additives Sales in Volume by Country (2018-2023)
8.1.3 Latin America Jet Fuel Additives Sales in Value by Country (2018-2023)
8.2 Latin America Jet Fuel Additives Forecasted Market Size by Country
8.2.1 Latin America Jet Fuel Additives Sales in Volume by Country (2024-2029)
8.2.2 Latin America Jet Fuel Additives Sales in Value by Country (2024-2029)
9 Middle East and Africa Jet Fuel Additives by Country
9.1 Middle East and Africa Jet Fuel Additives Historic Market Size by Country
9.1.1 Middle East and Africa Jet Fuel Additives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Jet Fuel Additives Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Jet Fuel Additives Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Jet Fuel Additives Forecasted Market Size by Country
9.2.1 Middle East and Africa Jet Fuel Additives Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Jet Fuel Additives Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Afton Chemical
10.1.1 Afton Chemical Company Information
10.1.2 Afton Chemical Introduction and Business Overview
10.1.3 Afton Chemical Jet Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Afton Chemical Jet Fuel Additives Products Offered
10.1.5 Afton Chemical Recent Development
10.2 BASF
10.2.1 BASF Company Information
10.2.2 BASF Introduction and Business Overview
10.2.3 BASF Jet Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.2.4 BASF Jet Fuel Additives Products Offered
10.2.5 BASF Recent Development
10.3 GE
10.3.1 GE Company Information
10.3.2 GE Introduction and Business Overview
10.3.3 GE Jet Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.3.4 GE Jet Fuel Additives Products Offered
10.3.5 GE Recent Development
10.4 Innospec
10.4.1 Innospec Company Information
10.4.2 Innospec Introduction and Business Overview
10.4.3 Innospec Jet Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Innospec Jet Fuel Additives Products Offered
10.4.5 Innospec Recent Development
10.5 Shell
10.5.1 Shell Company Information
10.5.2 Shell Introduction and Business Overview
10.5.3 Shell Jet Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Shell Jet Fuel Additives Products Offered
10.5.5 Shell Recent Development
10.6 Chemours
10.6.1 Chemours Company Information
10.6.2 Chemours Introduction and Business Overview
10.6.3 Chemours Jet Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Chemours Jet Fuel Additives Products Offered
10.6.5 Chemours Recent Development
10.7 Dow Chemical
10.7.1 Dow Chemical Company Information
10.7.2 Dow Chemical Introduction and Business Overview
10.7.3 Dow Chemical Jet Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Dow Chemical Jet Fuel Additives Products Offered
10.7.5 Dow Chemical Recent Development
10.8 Dorf Ketal
10.8.1 Dorf Ketal Company Information
10.8.2 Dorf Ketal Introduction and Business Overview
10.8.3 Dorf Ketal Jet Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Dorf Ketal Jet Fuel Additives Products Offered
10.8.5 Dorf Ketal Recent Development
10.9 Hammonds
10.9.1 Hammonds Company Information
10.9.2 Hammonds Introduction and Business Overview
10.9.3 Hammonds Jet Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Hammonds Jet Fuel Additives Products Offered
10.9.5 Hammonds Recent Development
10.10 Lanxess
10.10.1 Lanxess Company Information
10.10.2 Lanxess Introduction and Business Overview
10.10.3 Lanxess Jet Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Lanxess Jet Fuel Additives Products Offered
10.10.5 Lanxess Recent Development
10.11 Meridian Fuels
10.11.1 Meridian Fuels Company Information
10.11.2 Meridian Fuels Introduction and Business Overview
10.11.3 Meridian Fuels Jet Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Meridian Fuels Jet Fuel Additives Products Offered
10.11.5 Meridian Fuels Recent Development
10.12 NALCO
10.12.1 NALCO Company Information
10.12.2 NALCO Introduction and Business Overview
10.12.3 NALCO Jet Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.12.4 NALCO Jet Fuel Additives Products Offered
10.12.5 NALCO Recent Development
10.13 Cummins Filtration
10.13.1 Cummins Filtration Company Information
10.13.2 Cummins Filtration Introduction and Business Overview
10.13.3 Cummins Filtration Jet Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Cummins Filtration Jet Fuel Additives Products Offered
10.13.5 Cummins Filtration Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Jet Fuel Additives Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Jet Fuel Additives Industrial Chain Analysis
11.4 Jet Fuel Additives Market Dynamics
11.4.1 Jet Fuel Additives Industry Trends
11.4.2 Jet Fuel Additives Market Drivers
11.4.3 Jet Fuel Additives Market Challenges
11.4.4 Jet Fuel Additives Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Jet Fuel Additives Distributors
12.3 Jet Fuel Additives Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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