According to the report, Asian Countries Are Today on a Fast Track to Achieving Progress in All Areas
is one of the primary growth factors for the market. Low-Cost Carriers Have Increased Demand for Air Travel
is also expected to contribute significantly to the Aviation Turbine Fuel (ATF) market. Overall, Commercial
applications of Aviation Turbine Fuel (ATF), and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models a trend that will continue in the future.
AMAs Analyst on the Global Aviation Turbine Fuel (ATF) Market identified that the demand is rising in many different parts of the world due to "SAF's Drop-In Capability Raises the Necessity for Carbon Reduction
". Furthermore, some recent industry insights like "On 16th May 2021, According to state-owned fuel retailer Indian Oil Corporation, aviation turbine fuel (ATF) prices in the national capital have increased by 5%, to Rs.1.23 lakh per kiloliter. Costs for aviation turbine fuel have risen by 63.5 percent since January 1, rising from Rs 73,024 per kiloliter to Rs 1.42 lakh per kiloliter." is constantly making the industry dynamic. One of the challenges that industry facing is "Crude Oil Price Volatility and Geopolitical Concerns and Hybrid and Electric Aeroplanes Are Becoming Increasingly Popular"
The , such as , is boosting the Aviation Turbine Fuel (ATF) market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Aviation Turbine Fuel (ATF) market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Aviation Turbine Fuel (ATF) market and other related sub-markets covered in the study.
o Key & emerging players in the Aviation Turbine Fuel (ATF) market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Aviation Turbine Fuel (ATF) market size is calculated using market estimation process, the Aviation Turbine Fuel (ATF) market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Aviation Turbine Fuel (ATF) market size has been validated using both top-down and bottom-up approaches.