PUBLISHER: TechSci Research | PRODUCT CODE: 1881772
PUBLISHER: TechSci Research | PRODUCT CODE: 1881772
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The Global Aviation Gasoline Market, valued at USD 270.10 Billion in 2024, is projected to experience a CAGR of 15.57% to reach USD 643.57 Billion by 2030. Aviation gasoline, or Avgas, is a specialized petroleum-based fuel formulated for spark-ignited internal combustion piston engines in aircraft, distinct from jet fuel due to its higher octane rating and common lead content. The market's expansion is fundamentally supported by increasing global general aviation activities, including private and recreational flying, alongside the growth of flight training schools which predominantly utilize piston-engine aircraft.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 270.10 Billion |
| Market Size 2030 | USD 643.57 Billion |
| CAGR 2025-2030 | 15.57% |
| Fastest Growing Segment | Military Aircraft |
| Largest Market | North America |
Key Market Drivers
The Global Aviation Gasoline Market is significantly influenced by two primary factors: the growing demand for general aviation aircraft and the expansion of global aviation training facilities. The sustained demand for general aviation aircraft, particularly those powered by piston engines, directly correlates with increased aviation gasoline consumption. These aircraft, used for diverse purposes including personal travel, agriculture, and aerial surveillance, require Avgas for their operations. According to the Federal Aviation Administration's Aerospace Forecast for fiscal years 2024-2044, reported in March 2024, the active general aviation fleet in the United States reached an estimated 211,800 aircraft in 2023, reflecting a slight increase from the previous year.
Key Market Challenges
A significant challenge impeding the Global Aviation Gasoline Market's growth is the ongoing global effort to phase out leaded aviation gasoline, 100LL. This transition, driven by increasing environmental regulations and public health concerns, as evidenced by the U. S. Environmental Protection Agency's endangerment finding in October 2023, faces complexities due to a substantial portion of the existing general aviation fleet lacking certification for unleaded alternatives. For instance, according to the Aircraft Owners and Pilots Association, in August 2023, higher compression engines, which cannot safely operate on lower-octane unleaded fuels, consumed 70 percent of the 100LL supply. This creates considerable uncertainty for aircraft owners and operators regarding future fuel availability and compatibility, hindering investment in new piston-engine aircraft and maintenance upgrades.
Key Market Trends
The global aviation gasoline market is experiencing a notable shift towards unleaded formulations, driven by environmental concerns and regulatory mandates. This trend involves the dedicated development and certification of replacement fuels for traditional 100LL avgas. For instance, General Aviation Modifications Inc. (GAMI) received a broad Approved Model List Supplemental Type Certificate (AML STC) for its G100UL unleaded fuel in September 2022, marking a significant step towards fleet-wide applicability. By April 2024, Vitol Aviation produced over one million gallons of G100UL, signaling increasing availability and industry adoption of these new formulations.
In this report, the Global Aviation Gasoline Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the Global Aviation Gasoline Market.
Global Aviation Gasoline Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: