The global aviation gasoline market is estimated to reach USD 795.33 Billion in 2030, with a CAGR of 14.0% during the forecast period of 2022-2030. It was valued at USD 250.93 Billion in 2022.

Technological improvements and investments push the market growth for optimizing fuel formulation techniques to minimize the effect on the environment. The aviation gasoline industry participants are collaboratively working on different fuel qualities and variants to make them appropriate for a wide scope of aircraft. Moreover, several organizations are also closely functioning with regulatory bodies to commercialize specific fuel grades to enhance efficiency and decrease pollution.

What is Aviation Gasoline?

Aviation gasoline is petroleum-based fuel utilized for aircraft propulsion run on gas turbine engines. Various types of aviation fuels are utilized broadly to power aircraft in commercial and military applications across the globe. The rise in air traffic passengers across the globe, particularly in emerging economies, and changes in crude oil prices are underpinning the evolutionary revolutions of the aviation fuel market. An increase in airline passengers has expanded aviation fuel consumption in growing regions. Growth in emphasis on decreasing the carbon footprint of the overall transportation industry is pushing the demand for biofuels. Renewable aviation gasoline has generated considerable attention from industry players, especially in developed countries.

Growth Drivers

Growing Focus on Advanced Designing of Aircraft to Propel Demand

The designing of aircraft has evolved cheaper, safer, faster, and greener and has enhanced the fuel-burning efficiency, which has boosted the market for gasoline fuel. Piston-based aircraft operating on leaded Avgas contribute to air pollution, which is expected to endanger public health or welfare. Important research from the Aviation industry is helping in decreasing the fuel application by providing lighter-weight engines and hybrid-electric engines. For example, Honeywell’s efficient hybrid-electric turbogenerator aircraft moves electricity, reducing fuel consumption. Hence, improving aircraft design is expected to boost market growth in the forthcoming years.

Opportunities

Successful Business Aviation Sector to Aid Market Growth

The utilization of short aircraft for business causes is known as business aviation. As a result, business aviation is a subset of commercial aviation that counts on airplanes for commercial purposes. Several aviation companies of all sizes globally use various general aviation aircraft for business use that fly internationally. Multiple companies must provide speed, flexibility, efficiency, and productivity to compete in a marketplace. Business aviation offers considerable benefits due to its flexibility. Dassault Aviation is a French aerospace company. Industry purpose-powered aircraft offer time savings of around two and a half hours corresponding to commercial lines and deliver comfort while traveling. It allows the traveler to achieve the business purpose quickly and smoothly.

Restraints

Decreasing Market for Aviation gasoline Amid COVID-19 to Divert Growth

The constant COVID-19 pandemic has resulted in a full-scale situation with the imposition of travel constraints and the break of flights to prevent the spread of the virus. Therefore, the current aviation turbine fuel (ATF) and Avgas market has declined immensely. Owing to this coronavirus outbreak, processes of several flights are decreased by 41%. Many of the countries across the globe are gradually unlocking their markets. Therefore the demand for jet fuel is anticipated to stabilize gradually. But the demand for Avgas is consistent very low due to the limitations on private and business aircraft.

Pre Covid-19 Impact on Global Aviation Gasoline Market

Before the covid-19 outbreak, Growth in the spending capacity of the middle-class population in occurring economies is a major factor boosting the aviation fuel market. In recent years, liberalization in the aviation market brought about by positive regulatory thrusts also improved the aviation fuel market. An increase in emphasis by regulatory agencies on the adoption of biofuels is also a key element promoting the market. The manufacture of new passenger aircraft in developing economies is expected to push new demand dynamics.

Covid-19 Impact on Global Aviation Gasoline Market

During the covid-19 outbreak, On January 30, 2020, the International Health Regulations Emergency Committee of the World Health Organization announced the Coronavirus infection COVID-19 outbreak, a public health crisis of international situation. The virus has spread in China to at least 213 countries and territories worldwide. Several nations and private sector businesses are working at a limited capacity or have ceased functions completely due to current events surrounding the COVID-19 pandemic. The manufacture of different consumer goods and products across the globe has come to a break due to the unavailability of raw materials, deficiency of labor, etc. It is predicted to hinder the aviation fuel market.

Post Covid-19 Impact on Global Aviation Gasoline Market

After the covid-19 Growth in the spending power of the middle-class population in occurring economies is a major factor promoting the aviation fuel market. In recent years, liberalization in the aviation gasoline market brought about by positive regulatory thrusts improved the aviation fuel market. An expansion in focus by regulatory agencies on biofuels is also a critical factor in boosting the market. The manufacture of new passenger aircraft in developing economies is expected to drive new demand dynamics shortly. However, the rise in prices of jet fuels is anticipated to pose a substantial challenge for airlines to sustain high air passenger traffic in the next few years.

By End User Segmental Analysis

Based on End-User segment analysis, the market is classified into Civil, Military, Private and Sports & Recreational. The private segment maintained a dominant aviation gasoline market share of the global market in 2021. An increasing number of high-net-worth individuals (HNWIs) and ultra-high net worth individuals (UHNWIs) in occurring economies, associated with a growing inclination for private aircraft to decrease travel time, is propelling the demand for private aircraft.

By Aircraft Type Segment Analysis

Based on the Aircraft type segment, the market is classified into Fixed Wings, Rotorcraft and others. The fixed-wing aircraft segment maintained the most extensive market share in 2020. As of mid-2021, the average age of the fixed-wing aircraft fleet in Africa is over 15.5 years, representing a potential struggle for fleet modernization and aviation infrastructure development in the region.

By Fuel Type Segmental Analysis

Based on the fuel type segment, the market is classified into Jet A, Jet A1, Jet B, JP 5, Avgas and Biofuel. The jet fuel segment is predicted to account for more than 85% of market allocation during the forecast period. It can be credited to the increasing majority and use of this fuel for a wide range of aircraft. Furthermore, the fuel is also obtainable in different grades and forms, ideal for civil and military aircraft, including Jet A, Jet B, and Jet A-1.

By Regional Segmental Analysis

Based on regional segment, the market is classified into North America, Europe, Asia-Pacific, South America and The Middle East & Africa. North America is expected to grow the global market. The United States is the primary consumer of Avgas. The increasing number of private air travelers in the country is predicted to fuel the market’s growth. According to The General Aviation Manufacturers Association, more than 211,000 aircraft are based in the US, out of which more than 143,000 aircraft are piston engine aircraft. The Federal Aviation Administration tracks involved certified pilots (who have their licenses and are current and eligible to fly).

Competitors Analysis

The companies include British Petroleum (BP) p.l.c., Chevron Corporation, EXXONMOBIL, Public Joint Stock Company Gazprom, INDIAN OIL CORPORATION LTD., Oman OIL Company SAOC. Petroleo Brasileiro S.A, Royal Dutch Shell Plc., Sinopec Corp, TOTAL SA, and other prominent global aviation gasoline market players.

Key Stakeholders

• Market research and consulting firms
• Fluorinated Plasma Surface Treatment Associates
• Local Governments
• Regulatory bodies
• Fluorinated Plasma Surface Treatment Market
• Suppliers
• Retailers
• Service Providers

Recent Developments

• In January 2020, Air BP, a technical aviation department of BP plc, expanded its contract with BAA Training, one of the largest independent aviation training centers in Europe. Air BP will supply Avgas 100LL aviation fuel and unleaded aviation fuel to all BAA Training flight bases and other Spanish airports to deliver its training movements.
• In July 2018, Phillips 66 and Afton Chemical developed and distributed unleaded 100-octane Avgas (UL100). The company would destroy the need for the leaded 100LL, which is directly utilized by most piston-engine aircraft.

Scope of the Report

Market Modelling

By End-User

• Civil
• Military
• Private
• Sports & Recreational

By Aircraft Type

• Fixed Wings
• Rotorcraft
• Others

By Fuel Type

• Jet A
• Jet A1
• Jet B
• JP 5
• JP 8
• Avgas
• Biofuel

By Region

• North America
• Europe
• Asia-Pacific
• South America
• The Middle East & Africa

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Report Content

1.     Research Strategic Development

1.1. Market Modelling

1.2. Product Analysis

1.3. Market Trend and Economic Factors Analysis

1.4. Market Segmental Analysis

1.5. Geographical Mapping

1.6. Country Wise Segregation

2.     Research Methodology

2.1. Identification of Target Market

2.2. Data Acquisition

2.3. Refining of Data/ Data Transformations

2.4. Data Validation through Primary Techniques

2.5. Exploratory Data Analysis

2.6. Graphical Techniques/Analysis

2.7. Quantitative Techniques/Analysis

2.8. Visual Result/Presentation

3.     Executive Summary
4.     Market Insights

4.1. Supply Chain Analysis

4.2. Economic Factor Analysis

4.2.1. Drivers

4.2.2. Trends

4.2.3. Opportunities

4.2.4. Challenges

4.3. Technological Landscape

4.4. Competitors & Product Analysis

4.5. Regulatory Framework

4.6. Company market share analysis, 2022

4.7. Porter’s Five forces analysis

4.8. Price point analysis

4.9. New Investment Analysis

4.10.            PESTEL Analysis

4.11.            Covid-19 Impact on Global Aviation Gasoline Market

5.     Global Aviation Gasoline Market Overview

5.1. Market Size & Forecast,2017-2030

5.1.1. Demand

5.1.1.1.               By Value (USD Billion)

5.2. Market Share & Forecast, 2017-2030

5.2.1.     By End-User

5.2.1.1.               Civil

5.2.1.2.               Military

5.2.1.3.               Private

5.2.1.4.               Sports & Recreational

5.2.2.     By Aircraft Type

5.2.2.1.               Fixed Wings

5.2.2.2.               Rotorcraft

5.2.2.3.               Others

5.2.3.     By Fuel Type  

5.2.3.1.               Jet A

5.2.3.2.               Jet A1

5.2.3.3.               Jet B

5.2.3.4.               JP 5

5.2.3.5.               JP 8

5.2.3.6.               Avgas

5.2.3.7.               Biofuel

5.2.4.     By Region

5.2.4.1.               North America

5.2.4.2.               Europe

5.2.4.3.               Asia-Pacific

5.2.4.4.               South America

5.2.4.5.               The Middle East & Africa

6.     North America Aviation Gasoline Market Overview

6.1. North America Aviation Gasoline Market Size & Forecast,2017-2030

6.1.1. Demand

6.1.1.1.               By Value (USD Billion)

6.2. Market Share & Forecast, 2017-2030

6.2.1. By End-User

6.2.1.1.               Civil

6.2.1.2.               Military

6.2.1.3.               Private

6.2.1.4.               Sports & Recreational

6.2.2. By Aircraft Type

6.2.2.1.               Fixed Wings

6.2.2.2.               Rotorcraft

6.2.2.3.               Others

6.2.3. By Fuel Type  

6.2.3.1.               Jet A

6.2.3.2.               Jet A1

6.2.3.3.               Jet B

6.2.3.4.               JP 5

6.2.3.5.               JP 8

6.2.3.6.               Avgas

6.2.3.7.               Biofuel

6.2.4. By Country

6.2.4.1.               US

6.2.4.2.               Canada

6.2.4.3.               Mexico

6.2.5. Company Market Share (Top 3-5)

6.2.6. Economic Impact study on North America Aviation Gasoline Market

7.     Europe Aviation Gasoline Market Overview

7.1. Europe Aviation Gasoline Market Size & Forecast,2017-2030

7.1.1. Demand

7.1.1.1.               By Value (USD Billion)

7.2. Market Share & Forecast, 2017-2030

7.2.1. By End-User

7.2.1.1.               Civil

7.2.1.2.               Military

7.2.1.3.               Private

7.2.1.4.               Sports & Recreational

7.2.2. By Aircraft Type

7.2.2.1.               Fixed Wings

7.2.2.2.               Rotorcraft

7.2.2.3.               Others

7.2.3. By Fuel Type  

7.2.3.1.               Jet A

7.2.3.2.               Jet A1

7.2.3.3.               Jet B

7.2.3.4.               JP 5

7.2.3.5.               JP 8

7.2.3.6.               Avgas

7.2.3.7.               Biofuel

7.2.4. By Country

7.2.4.1.               Germany

7.2.4.2.               UK

7.2.4.3.               France

7.2.4.4.               Italy

7.2.4.5.               Rest of Europe

7.2.5. Company Market Share (Top 3-5)

7.2.6. Economic Impact study on Europe Aviation Gasoline Market

8.     Asia-Pacific Aviation Gasoline Market Overview

8.1. Asia-Pacific Aviation Gasoline Market Size & Forecast,2017-2030

8.1.1. Demand

8.1.1.1.               By Value (USD Billion)

8.2. Market Share & Forecast, 2017-2030

8.2.1. By End-User

8.2.1.1.               Civil

8.2.1.2.               Military

8.2.1.3.               Private

8.2.1.4.               Sports & Recreational

8.2.2. By Aircraft Type

8.2.2.1.               Fixed Wings

8.2.2.2.               Rotorcraft

8.2.2.3.               Others

8.2.3. By Fuel Type  

8.2.3.1.               Jet A

8.2.3.2.               Jet A1

8.2.3.3.               Jet B

8.2.3.4.               JP 5

8.2.3.5.               JP 8

8.2.3.6.               Avgas

8.2.3.7.               Biofuel

8.2.4. By Country

8.2.4.1.               India

8.2.4.2.               Japan

8.2.4.3.               Australia

8.2.4.4.               Rest of Asia Pacific

8.2.5. Company Market Share (Top 3-5)

8.2.6. Economic Impact study on Asia-Pacific Aviation Gasoline Market

9.     South America Aviation Gasoline Market Overview

9.1. South America Aviation Gasoline Market Size & Forecast,2017-2030

9.1.1. Demand

9.1.1.1.               By Value (USD Billion)

9.2. Market Share & Forecast, 2017-2030

9.2.1. By End-User

9.2.1.1.               Civil

9.2.1.2.               Military

9.2.1.3.               Private

9.2.1.4.               Sports & Recreational

9.2.2. By Aircraft Type

9.2.2.1.               Fixed Wings

9.2.2.2.               Rotorcraft

9.2.2.3.               Others

9.2.3. By Fuel Type  

9.2.3.1.               Jet A

9.2.3.2.               Jet A1

9.2.3.3.               Jet B

9.2.3.4.               JP 5

9.2.3.5.               JP 8

9.2.3.6.               Avgas

9.2.3.7.               Biofuel

9.2.4. By Country

9.2.4.1.               Brazil

9.2.4.2.               Argentina

9.2.4.3.               Rest of South America

9.2.5. Company Market Share (Top 3-5)

9.2.6. Economic Impact study on South America Aviation Gasoline Market

10. The Middle East & Africa Aviation Gasoline Market Overview

10.1.            The Middle East & Africa Aviation Gasoline Market Size & Forecast,2017-2030

10.1.1.                        Demand

10.1.1.1.           By Value (USD Billion)

10.2.            Market Share & Forecast, 2017-2030

10.2.1.                        By End-User

10.2.1.1.           Civil

10.2.1.2.           Military

10.2.1.3.           Private

10.2.1.4.           Sports & Recreational

10.2.2.                        By Aircraft Type

10.2.2.1.           Fixed Wings

10.2.2.2.           Rotorcraft

10.2.2.3.           Others

10.2.3.                        By Fuel Type  

10.2.3.1.           Jet A

10.2.3.2.           Jet A1

10.2.3.3.           Jet B

10.2.3.4.           JP 5

10.2.3.5.           JP 8

10.2.3.6.           Avgas

10.2.3.7.           Biofuel

10.2.4.                        By Country

10.2.4.1.           Saudi Arabia

10.2.4.2.           UAE

10.2.4.3.           South Africa

10.2.4.4.           Rest of the Middle East & Africa

10.2.5.                        Company Market Share (Top 3-5)

10.2.6.                        Economic Impact study on The Middle East & Africa Aviation Gasoline Market

11. Competitor Analysis

11.1.   Company Description

11.2.   Financial Analysis

11.3.   Key Products

11.4.   Key Management Personnel

11.5.   Contact Address

11.6.   SWOT Analysis

11.7.   Company Profile

11.7.1. British Petroleum (BP) p.l.c

11.7.2. Chevron Corporation

11.7.3. EXXONMOBIL

11.7.4. Public Joint Stock Company Gazprom

11.7.5. INDIAN OIL CORPORATION LTD.

11.7.6. Oman OIL Company SAOC.

11.7.7. Petroleo Brasileiro S.A

11.7.8. Royal Dutch Shell Plc

11.7.9. Sinopec Corp.

11.7.10.                        TOTAL SA

11.7.11.                        Other prominent players