Global Aviation Gasoline Market: Exploring a CAGR of 4.6%, Key Drivers and Emerging Trends

Fueling Small Aircraft Demand: Reflections on the Market Projections and Growth of Aviation Gasoline

What Is The Projected Market Size Of The Global Aviation Gasoline Market And Its Growth Rate?

- The aviation gasoline market size was $1.96 billion in 2024 and is predicted to rise to $2.05 billion in 2025 at a CAGR of 4.6%.
- The market is expected to increase steadily and reach $2.48 billion in 2029 at a CAGR of 4.8%.

What Is Driving The Growth In The Aviation Gasoline Market?

The expected growth in the aviation gasoline market is primarily driven by the increasing demand for small aircraft. Small aircraft mostly refer to those with a maximum seating capacity of 60 people or a maximum payload capacity of 18,000 pounds. As these small private planes and sports planes require lead fuel with a high-octane rating, typically aviation gasoline, the demand is expected to rise significantly. As of December 2023, over 30,000 small aircrafts were in operation globally. Among these, over 10,000 were over two decades old. The maintenance cost for these aircraft averages around $1 million annually, a cost that significantly increases with the aircraft's age. Hence, this growing demand for new, small aircraft drives the growth of the aviation gasoline market.

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Who Are the Key Players Driving Aviation Gasoline Market Growth?

- Shell PLC
- British Petroleum Company PLC
- Indian Oil Corporation Limited
- ExxonMobil Corporation
- TotalEnergies SE
- Repsol S.A.
- Hjelmco Oil Ab
- Chevron Corporation
- Sinopec Group
- NAFTAL Branche Carburants
- Sasol Limited
- Petróleo Brasileiro S.A.
- Bryant Fuel Systems LLC
- World Energy
- SkyNRG
- Alder Fuel
- Phillips Petroleum Company
- Air BP Ltd.
- Neste Corporation
- Avfuel Corporation
- World Kinect Corporation
- Sunoco Inc.
- HF Sinclair Corporation
- Valero Energy Corporation
- Marathon Petroleum Corporation
- PetroChina Co. Ltd.
- Puma Energy Holdings Pte. Ltd.
- QatarEnergy
- China Petroleum & Chemical Corporation
- Hindustan Petroleum Corporation Limited
- Petroliam Nasional Berhad
- Reliance Industries Limited.

What Are The Key Trends In The Aviation Gasoline Market?

- Emergence of electric aviation.
- Innovations in fuel efficiency.
- Shift towards alternative fuels.
- Shift in aircraft fleet composition.
- Transition to sustainable fuels.

What Are The Segments Of The Global Aviation Gasoline Market?

- By Fuel Type: Avgas, Jet Fuel
- By Aircraft Type: Fixed Wings, Rotorcraft, Other Aircraft Types
- By Additive Types: Deposit Control, Anti-icing, Corrosion Inhibitor, Lubricity Improver, Biocides, Antioxidants, Dyes And Makers, Other Additives
- By End-User: Private, Commercial, Military

Which Region Leads The Aviation Gasoline Market?

North America was the leading region in the aviation gasoline market in 2024, covering a market share including regions of Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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What Is Covered In The Aviation Gasoline Market Global Market Report?

- Market Size Analysis: Analyze the Aviation Gasoline Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Aviation Gasoline Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Aviation Gasoline Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Aviation Gasoline Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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