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.


Key Takeaways
Biofuel demand in the aviation industry will continue to rise as airlines implement strict carbon footprint regulations and policies.
The increasing demand in countries such as France, Germany, the UK, German and Italy for low-cost carriers would raise EMEA demand for jet fuel additives.
In addition, the growing requirement for growing the life cycle and recycling of aircraft components such as engines in this area would also drive the use of jet fuel additives by the end of 2021.
In 2018, 4.3 billion passengers used a global air transport Network for industry, tourism, or just for visits to friends and relatives, according to the International Civil Aviation Organization (ICAO). Compared with 2017, the total annual passenger volume increased by 6.1 percent in 2018. Approximately 38 million departures worldwide have increased.
Antiknock additives is a gasoline additive used to reduce engine knocking and increases the fuel's octane rating by raising the temperature and pressure.
Metal deactivators and is a fuel additive which is used to stabilize fluids by deactivating metal ions which decreases the fuel consumption.
Cetane improvers are additives to diesel fuel that, when added at low concentrations, boost the cetane number of the blend.

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Geography - Segment Analysis
North America dominated the Jet Fuel Additives Market share with more than 38.61%, followed by Europe and APAC. Aeronautical demand in the United States, Canada and the United Kingdom is growing. Over the forecast period, high demand is expected to be generated for jet fuel additives.


Drivers – Jet Fuel Additives Market
Rising Awareness 
Reducing carbon emissions is a significant challenge for the aviation industry; the industry works on alternative fuel production for aircraft. One choice is biofuels that have fewer carbon emissions during their manufacturing cycle. Firms capable of incorporating biofuels to their operations are able to exploit the development of the fuel additives for jet aviation.
Government Policies Regarding Aviation Growth to Offer Attractive Opportunities
Governments in various countries depend on open skies, visa and immigration policies. Countries like India and China have taken mainly government-driven measures to increase air travel. India's regional connectivity scheme' Ude Desh Ka Aam Nagrik' or UDAN-RCS is a state initiative that aims to increase citizens ' domestic access. This aims to boost the quality and comfort of air travel. With this plan, the government is also aiming to promote economic development.


Market Landscape: Major players in the Jet Fuel Additives Market are Afton Chemical, BASF SE, Chevron Corporation, Baker Hughes (General Electric), Croda International PLC, Clariant, Eni SpA, Exxon Mobil Corporation, Evonik Industries AG, Innospec Inc., Royal Dutch Shell PLC, among others.

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