Increase in traffic across the globe is projected to fuel the growth of the global aviation gasoline (Avgas) market at a CAGR of 3.86% during the forecast period 2023 to 2030

Market Research Future (MRFR) has published a cooked research report on the “global aviation gasoline (Avgas) market” that contains the information from 2019 to 2030.

The Aviation Gasoline (Avgas) market is estimated to register a CAGR of 3.86% during the forecast period of 2023 to 2030.

MRFR recognizes the following companies as the key players in the global Aviation Gasoline (Avgas) market— Shell PLC (UK), BP PLC (UK), TotalEnergies SE (France), ExxonMobil Corporation (US), Phillips 66 Company (US), Indian Oil Corporation Ltd. (India), China Petrochemical Corporation Ltd. (China), Hjelmco Oil AB (Sweden), Oman Oil Company S.A.O.C. (Oman), and Vitol (Switzerland).

Market Highlights

The global aviation gasoline (Avgas) market is accounted for to register a CAGR of 3.86% during the forecast period and is estimated to reach USD 18,207.22 million by 2030.

The increase in air traffic is driving the aviation gasoline (Avgas) market due to its direct impact on general aviation activities. As air traffic grows, there is a greater demand for general aviation services, including private and recreational flying, flight training, tourism-related flights, and regional connectivity. Hence, rising tourism-related flights is driving the aviation gasoline (Avgas) market growth. For instance, according to a data published by The Ministry of Tourism, the nodal agency for the formulation of national policies and programs and for the co-ordination of activities of various Central Government Agencies, in comparison to 2020, there was a 10.6% increase in yearly international tourist arrivals in India in 2021. These general aviation activities predominantly use piston-engine aircraft that rely on Avgas as their fuel of choice. Consequently, the rise in general aviation operations fueled by increasing air traffic leads to higher consumption of Avgas, making it a significant driver in the Avgas market.

Additionally, according to The World Travel & Tourism Council is the global authority on the economic and social contribution of Travel & Tourism, travel & tourism GDP is set to grow on average by 5.8% annually between 2022 and 2032 globally.

Moreover, according to India Brand Equity Foundation, with the increase in the tourism industry, air travel growth has also increased over the years. For Foreign Tourist Arrivals (FTA), air travel is the most chosen mode of transportation. In 2021, out of 1.52 million FTAs in India, 87.5% of individuals entered via air routes, 11.8% via land routes, and 0.7% via sea routes. Around 53.6% of FTAs arrived in India through the Delhi and Mumbai airports. In 2021, tourism's foreign exchange earnings (FEE) were US$ 8.7 billion compared to US$ 6.958 billion in 2020, registering a growth of 26.4%.

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Segment Analysis

The global aviation gasoline (Avgas) market has been segmented based on grade type, aircraft type, application, and region.

The global aviation gasoline (Avgas) market segmentation, based on grade type has been segmented as avgas 100 (green), avgas 100LL (blue), and others. Among these, avgas 100LL (blue) is projected to dominate the global aviation gasoline (Avgas) market revenue through the projected period as estimated by MRFR analysts.

Avgas 100LL has received regulatory approval and certification for use in piston-engine aircraft. Its compliance with aviation safety and performance standards makes it a trusted and reliable fuel option for general aviation operations. Aircraft engine manufacturers often recommend specific types of Avgas for optimal engine performance and longevity. Avgas 100LL is recommended for a broad range of piston engines, contributing to its continued use in the aviation industry.

The global aviation gasoline (Avgas) market segmentation, based on aircraft type has been segmented as fixed wings, rotorcraft, and others. Among these, fixed wings are projected to dominate the global aviation gasoline (Avgas) market revenue through the projected period as estimated by MRFR analysts.

Fixed-wing aircraft are used for various aerial work applications, such as aerial photography, aerial surveying, and agricultural spraying. Additionally, small fixed-wing aircraft are used for sightseeing tours and aerial experiences in the tourism industry. These activities rely on piston engines and, consequently, Avgas to operate. The existing fleet of fixed-wing aircraft includes a significant number of aircraft with piston engines. This established fleet continues to rely on Avgas, which further supports the demand for this specialized fuel.

The global aviation gasoline (Avgas) market segmentation, based on aircraft type has been segmented as civil, military, sports & recreational, and others. Among these, civil is projected to dominate the global aviation gasoline (Avgas) market revenue through the projected period as estimated by MRFR analysts.

Civil aviation supports leisure travel and tourism-related flights. Small aircraft used for sightseeing tours and aerial experiences often run on Avgas. As tourism continues to grow, the demand for such services increases, driving the demand for Avgas in this segment. Civil aviation also involves specialized applications such as search and rescue operations, humanitarian missions, and wildlife monitoring. Fixed-wing aircraft equipped with piston engines are commonly used for these operations and require Avgas as their fuel.

Regional Analysis

By Region, the study segments the Aviation Gasoline (Avgas) market into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The North America region has experienced significant economic growth over the past decades. North America is home to some of the world's leading aviation companies, aircraft manufacturers, and aviation services providers. The region's strong aviation industry supports the continued use of piston-engine aircraft, which rely on Avgas for their operations. North America has well-established regulatory standards and approvals for aviation fuel, including Avgas. The regulatory environment ensures the safe and reliable use of Avgas in the region's aviation operations. North America hosts numerous aviation events, airshows, and air races, attracting aviation enthusiasts from around the world. These events often involve the use of piston-engine aircraft and contribute to Avgas consumption.

Key Findings of the Study

• The global aviation gasoline (Avgas) market is expected to reach USD 18,207.22 million by 2030, at a CAGR of 3.86% during the forecast period.


• The North America region accounted for the fastest-growing global market.


• Based on grade type, the 100LL (blue) segment was attributed to holding the largest market in 2022.


• Based on aircraft type, the fixed wings ss segment was attributed to holding the largest market in 2022.


• Based on application, civil segment was attributed to holding the largest market in 2022.


• Shell PLC (UK), BP PLC (UK), TotalEnergies SE (France), ExxonMobil Corporation (US), Phillips 66 Company (US), Indian Oil Corporation Ltd. (India), China Petrochemical Corporation Ltd. (China), Hjelmco Oil AB (Sweden), Oman Oil Company S.A.O.C. (Oman), and Vitol (Switzerland) are the key market players.