The global Non-aviation kerosene Market is expected to register a revenue CAGR of 4.9% between 2022 and 2030. Rising demand for kerosene, particularly in developing countries, is a major factor driving market revenue growth. In addition, the rise in crude oil prices and growing industrial sector are other major factors expected to drive revenue growth of the market during the forecast period. Another major driving factor for market revenue growth is application of kerosene in wick-fed lamps as it provides a smokeless and odorless flame.

However, toxicity of kerosene and its impact on human health could restraint market revenue growth to some extent. Another major restraining factor for market revenue growth is easy availability of substitutes such as LED lights, and solar power, among others. Also, implementation of stringent environmental regulations regarding use of kerosene is another factor that could hamper revenue growth of the market.

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The latest market analysis report presented by Reports and Data is titled ‘Global Non-aviation kerosene Market.’ The report provides a comprehensive view of the Non-aviation kerosene Market, including in-depth information about the key market segments and sub-segments. In this report, our team of market researchers has highlighted the key market dynamics such as market revenue growth drivers, restraints, trends, opportunities, supply & demand ratios, shifting consumer tastes & preferences, changing production & consumption patterns, and technological breakthroughs. Key challenges and barriers to industry growth, such as stringent government regulations and policies and potential market threats and risks, have also been assessed in the report. The latest report offers quantitative and qualitative market insights, and hence, highlights the industry annual sales, regional outlook, and industry statistics.

Top Companies:

Royal Dutch Shell plc
Exxon Mobil Corporation
Chevron Corporation
Total SA
China National Petroleum Corporation
Bharat Petroleum Corporation Limited
ConocoPhillips
FINA Petrochemicals Company
and Gazprom Neft PJSC.
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Segments covered in the report:

Type Outlook (Revenue, USD Million; 2019-2030)

Aviation kerosene
Non-aviation kerosene
Application Outlook (Revenue, USD Million; 2019-2030)

Aviation
Residential
Commercial
Transportation
Industrial
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Regional Outlook (Revenue, USD Billion; 2019-2030)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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