Dublin, January 22, 2025 (Globe News Wire) – “Aviation fuel market, country, competition, forecasts and opportunities in the Middle East and African” reports have been added to the service of ResearchandMarkets.com Ta.
The Middle East and African aviation fuel markets are estimated to be $ 30.98 billion in 2024 and are expected to reach $ 6233 billion by 2030, with CAGRs 12.19%.
The Middle East and African aviation markets include special fuels used in the power of the entire region, mainly Jet A1, Jet A, Avgus, Bijet fuel supply and distribution. Aviation fuel is a high -quality purified petroleum product designed to meet the severe safety and performance standards of aircraft engines, and guarantees the optimal efficiency and reliability during flight.
The market is growing steadily due to the increase in air traffic due to the strategic importance of the region, especially as a global travel hub. Major cities, such as Dubai, Abu Dhabi, and Doha, are functioning as a major part of the international flights, and fuel consumption by airlines has increased significantly.
In addition, several countries in the Middle East, such as Saudi Arabia and the United Arab Emirates, are investing in air infrastructure to promote economic diversification from sightseeing and oil -dependence. In Africa, especially in major markets such as South Africa, Nigeria, and Egypt, the rapid increase in aviation travel is accelerating due to the expansion of regional connections, increasing overseas investment, and business activities. The demand for aviation fuel is expected to increase, as governments in both areas prioritize airports and aircraft modernization.
In addition, airlines are gradually adopting bijet fuel blends to reduce carbon dioxide emissions, and the market is informed of the growing attention to sustainability. This change can be boosted by government initiatives that encourage more environmentally friendly aviation practices. The expansion of the military aircraft due to an increase in defense budgets in the Middle East has also contributed to fuel demand. As a whole, as economic growth accelerates, in response to recovery of global travel after pandemic, the Middle East and African aviation fuel markets have increased in infrastructure, increasing the number of passengers, and becoming a major air hub. It is expected to expand by strategic focus. This will surely increase fuel consumption over the next few years.
Increase in the adoption of sustainable air fuel (SAF)
One of the remarkable trends in the Middle East and African aviation fuel market is an increase in the adoption of sustainable air fuel (SAF). While pressure is growing worldwide to reduce the environmental impact on the air industry, airlines in the region are exploring alternative fuel sources to achieve sustainable goals. SAF, which is obtained from regenerated raw materials such as waste oil, algae, and other organic materials, provides executable solutions to reduce greenhouse gas emissions compared to conventional air fuel. Middle airlines in the East, such as Emirates and Qatar Airlines, have announced that they will incorporate SAF into their operations according to the goal of global sustainability.
Expanding infrastructure for storage and delivery of air fuel
In the Middle East and African aviation markets, there is a tendency to expand infrastructure for fuel storage and distribution. Some countries in this area are aware of the need to increase fuel supply chain efficiency, invest in modernization of airport infrastructure, build new storage facilities, and upgrade fuel supply systems. In particular, the Gulf Cooperative Council is focusing on the expansion of aviation fuel infrastructure to support the improvement of status as a global aviation transportation hub. For example, the expansion of Dubai International Airport and the new development of Abu Dhabi International Airport include state -of -the -art fuel storage and supply systems to respond to an increase in air traffic.
Increasing attention to digitalization and fuel management technology
Another important tendency in the Middle East and African aviation fuel markets is the focus of digitization and advanced fuel management technology. Airlines and airport operating companies are increasingly paying attention to digital solutions to optimize fuel consumption, reduce costs and improve operational efficiency. Technology such as data analysis, Internet (IoT) sensors, and artificial intelligence is used to monitor fuel use in real time, predict demand, and rationalize refueling processes. These technology can help the airline optimize the flight route, reduce fuel waste, and reduce overall operating costs.
Main attributes:
Report attribute details No. 2024-2030 estimated market value (US dollar) $ 30.98 billion forecast market value (US dollar) $ 62.3 billion annual average growth rate 12.1% ,middle east
Report range:
Major market players
Exxon MobilPorationBP PLCSHELL B.vchevron CorporatenerGies Se.SAUDI ARABIAN OIL COMCO ENOC Collection Oil Corporation NATIONAL IRANIAN OIL COMPANY.
Middle East and African Aviation fuel market, fuel type by type:
Jet A1 Jet AAV Gas Bio Jet Fuel
Middle East and African aviation fuel markets, aircraft type by air:
Civil Air Force Aviation Business and General Aviation Helicopter
Middle East and African aviation fuel markets, uses:
Domestic international flight
Middle East and African aviation fuel markets, end users:
Airline Airport Military / Defense Others
Middle East and African Aviation Fuel Market, Country:
Saudi Arabia UAE Kuwait Irankatar Egypten South African Bar Lane Nigerian Turkey Middle East and Africa
For more information about this report, see https: //www.researchandmarkets.com/r/rts5hv.
About ResearchandMarkets.com
Researchndmarkets.com is one of the world's leading sources of international market research reports and market data. Provides the latest data on international and regional markets, major industries, top companies, new products, and the latest trends.
Aviation fuel market in the Middle East and Africa
