Kerosene Fuel Market Scope
Kerosene, paraffin, or lamp oil is a combustible hydrocarbon liquid which is derived from petroleum. Kerosene is widely used to power jet engines of aircraft (jet fuel) and some rocket engines in a highly refined form called RP-1. It is also commonly used as a cooking and lighting fuel, and for fire toys such as poi. Kerosene smoke contains high levels of harmful particulate matter, and household use of kerosene is associated with higher risks of cancer, respiratory infections, asthma, tuberculosis, cataract, and adverse pregnancy outcomes. National and international standards define the properties of several grades of kerosene used for jet fuel. Flash point and freezing point properties are of particular interest for operation and safety; the standards also define additives for control of static electricity and other purposes.
The Kerosene Fuel market study is segmented by Type (Grades 1-K and Grades 2-K), by Application (Aviation, Household, Agriculture and Others) and major geographies with country level break-up.
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Kerosene Fuel market throughout the predicted period.
Reagents (England), GJ Chemicals (England), LyondellBasell Industries (Netherland), Seidler Chemical Co, Inc./Maroon Group (United States), Allied Oil & Tire Company (United States), Oil Service, Inc. (United States), B. E. Atlas Company (United States), Protect All, Inc. (United States) and BariteWorld (United States) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Kerosene Fuel market by Type, Application and Region.
On the basis of geography, the market of Kerosene Fuel has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Finland, Denmark, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
The World Health Organization considers kerosene to be a polluting fuel and recommends that "governments and practitioners immediately stop promoting its household use
- Kerosene fuel is being preferred as Aviation Fuel
- Travelling Preference Shift Towards Airways
- Rising Airline Liberalisation
- Growth potential in developing countries
- Availability of Substitute
Key Target AudienceVenture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Kerosene Fuel Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.