Aviation Gasoline Market Report 2025

The aviation gasoline market size has grown steadily in recent years. It will grow from $1.96 billion in 2024 to $2.04 billion in 2025 at a compound annual growth rate (CAGR) of 3.7%. The growth in the historic period can be attributed to post-war civilian aviation growth, rise of commercial aviation, establishment of aviation regulations, advancements in aircraft, world war i and ii demand.

The aviation gasoline market size is expected to see steady growth in the next few years. It will grow to $2.45 billion in 2029 at a compound annual growth rate (CAGR) of 4.7%. The growth in the forecast period can be attributed to emergence of electric aviation, innovations in fuel efficiency, global economic growth, regulatory changes and emissions standards, shift towards alternative fuels. Major trends in the forecast period include biodegradable fuel, shift in aircraft fleet composition, evolving regulatory standards, product innovations, transition to sustainable fuels.

The forecast of 4.7% growth over the next five years indicates a slight reduction of 0.1% from the previous projection. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through limited supply of high-octane blending components from Europe and Singapore, leading to higher prices for small aircraft operators and flight schools. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

The growth trajectory of the aviation gasoline market is expected to be driven by the increasing demand for small aircraft. Small aircraft, defined as planes designed with a maximum seating capacity of 60 individuals or a maximum payload capacity of 18,000 pounds, predominantly utilize aviation gasoline in piston engines, requiring high-octane leaded fuel. For instance, Airbus, a provider of aeronautics services, highlighted in November 2021 the necessity for 39,000 new passenger and freighter aircraft, including approximately 29,700 small aircraft like the A220 and A320 families, in addition to around 5,300 medium aircraft. This surge in small aircraft demand primarily contributes to the growth of the aviation gasoline market, meeting the fuel requirements for these planes.

The increasing demand for small aircraft is expected to boost the growth of the aviation gasoline market in the future. Small aircraft are defined as any aircraft designed to accommodate a maximum of 60 passengers or a payload capacity of up to 18,000 pounds. Aviation gasoline is primarily used in the piston engines of small private and sports planes, which require leaded fuel with a high octane rating. For instance, as of December 2023, more than 30,000 small aircraft were operational globally, with over 10,000 of them being over 20 years old. The average annual maintenance cost for a small aircraft is approximately $1 million, and this cost tends to rise as the aircraft ages. The projected need for new aircraft includes around 29,700 small aircraft, such as the A220 and A320 families, along with approximately 5,300 medium-sized aircraft. Hence, the growing demand for small aircraft is driving the expansion of the aviation gasoline market.

The rise in air passenger travel is expected to further enhance the aviation gasoline market in the coming years. Air passenger travel encompasses the transportation of individuals on commercial flights to various destinations, facilitated by airlines for both business and leisure purposes. Aviation gasoline, commonly referred to as avgas, is the fuel used for piston-engine aircraft in air passenger transport, providing the necessary power for internal combustion engines. For example, in 2022, the Civil Aviation Authority (CAA), which oversees and ensures the safety and efficiency of civil aviation, reported a significant increase in UK air travel, with over 224 million passengers traveling to and from UK airports. This figure marks a substantial rise compared to 2021, which recorded 65.4 million passengers. Therefore, the increase in air passenger travel is driving the growth of the aviation gasoline market.

Prominent entities within the aviation gasoline market are directing their focus towards pioneering advanced technologies like UOP eFining Technology, designed to facilitate large-scale production of Sustainable Aviation Fuel (SAF) using captured carbon dioxide (CO2). For instance, in May 2023, Honeywell, a US-based advanced technology company, introduced the UOP eFining Technology for Sustainable Aviation Fuel Production from Captured CO2. This cutting-edge solution is set to be implemented at the world's largest eFuels SAF Facility, targeting the recycling of 2 million tons of CO2 annually to generate 180 million gallons of SAF. This innovative technology addresses the aviation industry's challenges in decarbonization by utilizing available CO2 resources to produce SAF. The process involves converting eMethanol into eSAF, offering a drop-in replacement fuel that substantially reduces greenhouse gas emissions by 88% compared to conventional jet fuel.

In August 2022, Agility, a Kuwait-based supply chain company, completed the acquisition of Menzies Aviation Group PLC for $810.24 million (£763). This strategic acquisition positions Agility to offer enhanced services, expanded product options, and superior safety measures to its customers at airports spanning six continents. Menzies Aviation Group PLC, a UK-based aviation fueling services provider, plays a vital role in the aviation gasoline market and brings added value to Agility's offerings in the aviation industry.

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.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp rise in U.S. tariffs and ensuing trade tensions in spring 2025 are heavily impacting the oil and gas industry, especially in areas such as exploration equipment, pipeline development, and refining operations. Increased import duties on drilling rigs, steel pipes, and specialized machinery have significantly raised capital expenditures across both upstream and downstream segments. Midstream players are grappling with cost surges for essential components like valves, compressors, and storage tanks, causing delays and disruptions in expansion projects. Refiners, meanwhile, are contending with higher expenses for imported catalysts and control systems critical to operational efficiency. In addition, retaliatory tariffs from major trade partners have curtailed U.S. exports of liquefied natural gas (LNG) and crude oil, reducing global competitiveness. In response, companies are ramping up investments in domestic manufacturing alliances, digital asset management tools, and diversified energy portfolios to maintain resilience and protect profitability.

Aviation gasoline is a specific type of aviation fuel designed for powering aircraft equipped with reciprocating piston engines. These fuels are characterized by their high flammability, with their octane rating being a crucial determinant of their performance.

The primary categories of aviation gasoline include avgas and jet fuel. Avgas is tailored for use in internal combustion engines equipped with spark ignition, commonly found in small piston-engine airplanes and traditional propeller aircraft. Various aircraft, including fixed-wing and rotorcraft, utilize additives in aviation gasoline to address specific needs such as deposit control, anti-icing, corrosion inhibition, lubricity improvement, biocides, antioxidants, dyes, and markers. This type of fuel finds applications across diverse end-users, including private, commercial, and military aircraft.

The aviation gasoline market research report is one of a series of new reports that provides aviation gasoline market statistics, including aviation gasoline industry global market size, regional shares, competitors with an aviation gasoline market share, detailed aviation gasoline market segments, market trends, and opportunities, and any further data you may need to thrive in the aviation gasoline industry. This aviation gasoline market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

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. The countries covered in the aviation gasoline market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The aviation gasoline market consists of sales of gasoline types such as Jet a, Jet A1, Jet B, JP 5, and biofuel. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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