The global aviation gasoline market is rapidly growing and is projected to reach 18 billion USD by 2031, with a stable CAGR of 4.2%.
The global aviation gasoline market has experienced significant growth in recent years, with revenues reported at approximately \$13 billion in 2022. As predicted, the market is on track to achieve even greater heights, with an estimated valuation of \$18 billion expected by 2031. This upward trajectory is reinforced by a consistent annual average growth rate (CAGR) of 4.2% during the forecast period from 2023 to 2031. Aviation gasoline, commonly known as Avgas, is a specialized fuel designed primarily for use in piston-engine aircraft. Avgas is carefully formulated to meet the specific requirements of aviation engines, ensuring reliable performance, optimal efficiency, and safety during flight. It is characterized by specific additives and high octane levels, which are crucial for preventing engine knock at high speeds and altitudes and maintaining engine efficiency. You can check the application method by clicking the [PDF Download] button or apply directly through the related links.
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Major Companies: Exxon Mobil Corporation Indian Oil Corporation Limited Chevron Corporation Gazprom Sinopec Corp Sasol Limited BP plc Repsol Naftal Oman Oil Corporation SAOC Hjelmco Oil AB Shell Plc Phillips 66 Vitol Group TOTAL S.A.
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