Jet Fuel Additives Market size is forecast to reach $3.25 billion by 2025, after growing at a CAGR of 6.8% during 2020-2025.
Posted on Jun 1 2020 7:30 AM "This would lead to increased biofuel use as an alternative jet fuel, which will also boost the development of the demand for jet fuel additives." Jet Fuel Additives Market size is forecast to reach $3.25 billion by 2025, after growing at a CAGR of 6.8% during 2020-2025. In the aviation market, the growing demand for biofuels is one of the main factors driving growth prospects for this industry. The use of biofuels helps reduce dependence and also decreases emissions of carbon. Biofuel will be the main jet fuel after 2030 and more than 60 percent of the global jet fuel demand is expected to account. This would lead to increased biofuel use as an alternative jet fuel, which will also boost the development of the demand for jet fuel additives. End-Use Industry - Segment Analysis Commercial Aircraft sector has been the primary market for Jet Fuel Additives for many years at a CAGR of 4.99%. Increased passenger demand for air travel...