DUBLIN, Jan. 22, 2025 (Globe Newswire) — The “Middle East and Africa Aviation Fuel Market, Countries, Competition, Forecast and Opportunities, 2020 to 2030” report has been added to ResearchAndMarkets.com's offering. Ta.
The Middle East and Africa aviation fuel market was valued at USD 30.98 billion in 2024 and is expected to reach USD 62.33 billion by 2030, at a CAGR of 12.19%.
The Middle East and Africa aviation fuel market includes the supply and distribution of specialty fuels used to power aircraft across the region, primarily Jet A1, Jet A, Avgas, and biojet fuels. Aviation fuel is a high-quality refined petroleum product designed to meet stringent safety and performance standards for aircraft engines, ensuring optimal efficiency and reliability during flight.
This market is steadily growing due to increasing air traffic, especially due to the region's strategic importance as a global travel hub. Major cities such as Dubai, Abu Dhabi and Doha serve as major transit points for international flights, resulting in a significant increase in fuel consumption by airlines.
Additionally, several countries in the Middle East, such as Saudi Arabia and the United Arab Emirates, are investing heavily in expanding their aviation infrastructure to help diversify their economies away from tourism and oil dependence. In Africa, the surge in air travel is fueled by growing regional connectivity, increased foreign investment and increased business activity, particularly in key markets such as South Africa, Nigeria and Egypt. Demand for aviation fuel is expected to increase as governments in both regions prioritize the modernization of airports and aircraft fleets.
Additionally, the market is also poised to benefit from the increased focus on sustainability, as airlines are gradually adopting biojet fuel blends to reduce carbon emissions. This change could be encouraged by government efforts to encourage greener aviation practices. The expansion of the military aviation sector due to increased defense budgets in the Middle East is also contributing to fuel demand. Overall, as economic growth accelerates, especially in the wake of the global travel recovery post-pandemic, the Middle East and Africa aviation fuel market is poised to benefit from infrastructure development, passenger growth, and becoming a major aviation hub. It is expected to expand with strategic focus. This will definitely increase fuel consumption for years to come.
Increased adoption of sustainable aviation fuels (SAF)
One of the prominent trends shaping the Middle East and Africa aviation fuel market is the increasing adoption of sustainable aviation fuels (SAF). As global pressure increases on the aviation industry to reduce its environmental impact, airlines in the region are exploring alternative fuel sources to meet their sustainability goals. Derived from renewable feedstocks such as waste oil, algae, and other organic materials, SAF offers a viable solution to reduce greenhouse gas emissions compared to traditional aviation fuels. Major airlines in the Middle East, including Emirates and Qatar Airways, have announced their commitment to integrate SAF into their operations in line with global sustainability goals.
Expanding infrastructure for aviation fuel storage and distribution
The Middle East and Africa aviation fuel market is witnessing a trend towards expanding infrastructure for fuel storage and distribution. Several countries in the region have recognized the need to increase the efficiency of their fuel supply chains and are investing in modernizing airport infrastructure, building new storage facilities and upgrading fuel supply systems. Gulf Cooperation Council countries in particular are focused on expanding their aviation fuel infrastructure to help improve their status as global air transport hubs. For example, the expansion of Dubai International Airport and new developments at Abu Dhabi International Airport include state-of-the-art fuel storage and supply systems to accommodate increased air traffic.
Growing focus on digitalization and fuel management technology
Another key trend in the Middle East and Africa aviation fuel market is the increasing focus on digitalization and adoption of advanced fuel management technologies. To optimize fuel consumption, reduce costs and improve operational efficiency, airlines and airport operators are increasingly turning to digital solutions. Technologies such as data analytics, Internet of Things (IoT) sensors, and artificial intelligence are being used to monitor fuel usage in real-time, predict demand, and streamline the refueling process. These technologies help airlines optimize flight routes, reduce fuel waste, and lower overall operating costs.
Key attributes:
Report attribute details No. Forecast period 2024 – 2030 Estimated market value in 2024 (US$) 30.98 billion US$ Predicted market value by 2030 (US$) 62.33 billion US$ Average annual growth rate 12.1% Target region Africa ,middle east
Report scope:
major market players
Exxon Mobil CorporationBP plcShell International B.VCevron CorporationTotalEnergies SE.Saudin Arabia Oil Company (Saudi Aramco)ENOC CompanyQatar EnergyKuwait Oil CorporationNational Iranian Oil Company.
Middle East and Africa aviation fuel market, by fuel type:
Jet A1 Jet AAv Gas Bio Jet Fuel
Middle East and Africa aviation fuel market, by aircraft type:
Civil Aviation Military Aviation Business and General Aviation Helicopters
Middle East and Africa aviation fuel market, by application:
Domestic International Flights
Middle East and Africa aviation fuel market, by end user:
AirlineAirportMilitary/DefenseOther
Middle East and Africa aviation fuel market, by country:
Saudi Arabia UAE Kuwait Iran Qatar Egypt South Africa Bahrain Nigeria Turkey Rest of the Middle East and Africa
For more information on this report, please visit https://www.researchandmarkets.com/r/rts5hv.
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Middle East and Africa aviation fuel market
