Market Size of Middle East And Africa Commercial Aircraft Aviation Fuel Industry
| Study Period | 2020-2029 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 30.56 Billion metric tons |
| Market Volume (2029) | 40.52 Billion metric tons |
| CAGR (2024 - 2029) | > 5.80 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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MEA Commercial Aircraft Aviation Fuel Market Analysis
The Middle-East And Africa Commercial Aircraft Aviation Fuel Market size is estimated at 30.56 Billion metric tons in 2024, and is expected to reach 40.52 Billion metric tons by 2029, growing at a CAGR of greater than 5.80% during the forecast period (2024-2029).
- Over the medium term, the increasing airline fleets coupled with economic development in the region are expected to drive the market during the forecasted period.
- On the other hand, global oil price volatility is expected to hinder the market's growth during the forecasted period.
- Nevertheless, the introduction of sustainable aviation fuels like biofuels is expected to create huge opportunities for the Middle-East and African commercial aircraft aviation fuel markets.
- Saudi Arabia is expected to be a dominant region for the market due to the country's increasing economic development and increasing tourism.
