Global Aviation Gasoline Market Worth $2.45 Billion by 2029, Growing at 4.7% CAGR

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Aviation Gasoline Market Outlook: What Size And CAGR Are Anticipated By 2025?
The market size of aviation gasoline has been experiencing consistent growth in recent years. The market is expected to rise from a worth of $1.96 billion in 2024 to a value of $2.04 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 3.7%. Factors such as the expansion of civilian aviation post-war, the emergence of commercial aviation, the introduction of aviation standards, advancements in aircraft technology, and demand during the first and second world wars have all contributed to the historical period growth.

What Is the Expected CAGR for the Aviation Gasoline Market Growth Through 2029?
In the coming years, the market size of aviation gasoline is anticipated to experience consistent growth. It is projected to expand to $2.45 billion in 2029, with a compound annual growth rate (CAGR) of 4.7%. The predicted growth throughout this period can be linked to factors such as the rise of electric aviation, advancements in fuel efficiency, global economic progress, changes in regulations and emissions standards, as well as a shift towards alternative fuels. The forecast period is also expected to witness key trends such as the adoption of biodegradable fuel, transformation in aircraft fleet composition, constantly changing regulatory standards, product innovations, and a move towards environmentally friendly fuels.

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What Are the Primary Drivers Behind Aviation Gasoline Market Growth?
The aviation gasoline market is anticipated to grow, driven by an increasing demand for small aircraft. Small aircraft are those that were designed with a maximum seats capacity of up to 60 individuals or a maximum payload capacity of 18,000 pounds. Aviation gasoline is traditionally used in piston engines of private small aircraft and leisure aircraft which require a high-octane leaded fuel. For instance, by December 2023, over 30,000 small aircrafts are expected to be operating worldwide and among those, more than 10,000 will have been in service for over 20 years. The maintenance cost for a small aircraft averages $1 million every year, and this cost further increases as the aircraft ages. The requirement for new aircrafts, inclusive of almost 29,700 small ones like A220 and A320 families and close to 5,300 medium-sized aircrafts, is heightening. Thus, the escalating demand for small aircraft is fueling the expansion of the aviation gasoline market.

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What Are the Key Segments Driving Aviation Gasoline Market Growth?
The aviation gasoline market covered in this report is segmented -

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

Subsegments:
1) By Avgas (Aviation Gasoline): Avgas 100LL (Low Lead), Avgas 100 (High Lead), Avgas 91 Or 96
2) By Jet Fuel: Jet A, Jet A-1, Jet B, TS-1 (Russian Jet Fuel)

What Are the Technological Trends Impacting the Aviation Gasoline Market?
The trend of adopting eco-friendly and bio-based fuel alternatives is becoming increasingly prevalent in the aviation gasoline market. With an aim to secure their market positions, major industry players are placing a heightened focus on the creation of new product solutions. For instance, Chevron Renewable Energy Group, an American bio-based diesel producing company, rolled out a new product, EnDura Fuels, in March 2022. This branded fuel product line in the EnDura Fuels portfolio contains five distinct bio-based diesel fuels, including PuriDTM, a next-generation biodiesel brought forth by Chevron Renewable Energy Group. PuriDTM surpasses industry quality benchmarks, providing customers with the flexibility of merging Fuels with renewable diesel at practically any proportion, and facilitating the use of higher biodiesel mixtures with conventional petroleum diesel.

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Who Are the Major Competitors in the Global Aviation Gasoline Market?
Major companies operating in the aviation gasoline market are 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

Which Region Dominates the Aviation Gasoline Market Share in 2025?
North America was the largest region in the aviation gasoline market share in 2024. The regions covered in the aviation gasoline market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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