The global demand for Aviation Gasoline (Avgas) Market is presumed to reach the market size of nearly USD 8.64 MN by 2030 from USD 5.06 MN in 2022 with a CAGR of 6.12% under the study period of 2023 - 2030. Regarding volume, the market was calculated XX Thousand Ton in 2022 and forecast to touch XX Thousand Ton by 2030 with a CAGR of XX% during 2023 - 2030.
Aviation gasoline is the fuel most commonly used in piston-engine aircraft. It is the only transportation fuel in the US that contains lead. Therefore, several registered piston engineer crafts can operate on leaded aviation gasoline. The most common type of aviation gas is 100 Octane Low Lead, also known as 100LL. Tetra-ethyl lead is an additive in aviation gasoline. It is used to prevent engine damage at higher power settings.
Market Dynamics
The global aviation gasoline market is expected to grow in the following years. According to the research, the demand for aviation gasoline will be high in the military, commercial and private sectors. In addition, emerging and advanced economies are expected to seek aviation gasoline to power piston-engine aircraft. There has been an uprise in demand for small aeroplanes for sightseeing, photography, tourism, and other activities, which has led to a rise in demand for aviation gasoline. As aircraft designs improve, so do the fuel-burning efficiency, cost, safety, speed, and impact on the environment by aircraft. But piston-powered airplanes that use leaded aviation gasoline pollute the air, a drawback that the demand for aviation gasoline faces.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of aviation gasoline(Avgas) . The growth and trends of Aviation Gasoline (Avgas) Industry provide a holistic approach to this study.
Market Segmentation
This section of the aviation gasoline (Avgas) market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By End-User
- Private
- Commercial
- Military
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Aviation Gasoline (Avgas) market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Aviation Gasoline (Avgas) Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the aviation gasoline (Avgas) market include ExxonMobil (U.S.), Shell (Netherlands), BP Plc (U.K.), Total (France), Repsol (Spain), Vitol Group (U.K.), Phillips 66 (U.S.), Indian Oil Corporation Limited (India), Naftal (Algeria), Hjelmco Oil AB (Sweden). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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