Energy & Power

Aviation Gasoline (Avgas) Market Research Report Market

By Segment, By Region, And Segment Forecasts, 2019 – 2030

Vertical: EnPBase Year: 202111 Sections

Executive Summary

Aviation Gasoline (Avgas) Market Research Report Market — Snapshot

  • Market Size (2019)

    2019

    $13.10B

  • Projected (2030)

    2030

    $18.21B

  • CAGR (2019–2030)

    3.0%

    3.0%
  • Key Players

    106+

The growth of the global aviation gasoline (Avgas) market is attributed to the increase in air traffic and High consumption of sustainable aviation fuel. However, the rising electric and hybrid aircraft and harmful environmental effects of aviation fuel might hamper the market's growth in the forecast period. Nevertheless, it is anticipated that the rising need for alternative aviation fuel will create lucrative opportunities for the players operating in the global aviation gasoline (Avgas) market.

Key Insight

The Aviation Gasoline (Avgas) Market Research Report Market market is projected to grow at a CAGR of 3.0% from 2019 to 2030.

Market Performance Trend

Historical performance and future projections (2020–2030, USD Billion)

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Market Scope & Coverage

What this report covers

  • Geographic Coverage: This analysis covers 5 regions: North America, Europe, Asia Pacific, Middle East and Africa, South America.
  • Market Segmentation: The market is analyzed across 3 segments: Avgas 100LL (Blue), Others, Avgas 100 (Green). Forecasts are provided for each segment from 2019 to 2030.
  • Competitive Landscape: 106 leading companies are profiled, covering market positioning, strategies, and recent developments.

Market Size (USD Mn)

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Market Overview

Aviation Gasoline (Avgas) Market Research Report Market — Growth Trajectory

To provide a comprehensive analysis of the global aviation gasoline (Avgas) market and its sub-segments in the Global market, thereby providing a detailed structure of the industryTo provide detailed insights into factors driving and restraining the growth of the global aviation gasoline (Avgas) marketTo estimate the market size of the global aviation gasoline (Avgas) market where 2019 to 2020 would be the historical period, 2021 shall be the base year, and 2022 to 2030 will be the forecast period for the studyTo provide country-wise market value analysis for various segments of the global aviation gasoline (Avgas) marketTo provide strategic profiling of key companies (manufacturers and distributors) present across global aviation gasoline

(Avgas) market, and comprehensively analyze their competitiveness/competitive landscape in this market

To provide a distribution chain analysis/value chain for the global aviation gasoline (Avgas) market

Aviation Gasoline (Avgas) Market Research Report Market — Growth Trajectory

Avgas 100LL (Blue)
Others

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Market Size Trend (USD Mn)

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Market Dimensions

How this market is segmented

  • By Grade Type By Grade Type is broken down into: Avgas 100 (Green), Avgas 100LL (Blue), Others.
  • By Aircraft Type By Aircraft Type is broken down into: Fixed Wings, Rotorcraft, By Aircraft Type_Others.
  • By Application By Application is broken down into: Civil, Military, Sports & Recreational, By Application_Others.

Geographic Analysis

Regional market breakdown

  • North America North America market size reached $4.42B in 2019 and is projected to reach $5.63B by 2030, growing at a CAGR of 2.2%.
  • Europe Europe market size reached $3.71B in 2019 and is projected to reach $4.86B by 2030, growing at a CAGR of 2.5%.
  • Asia Pacific Asia Pacific market size reached $3.02B in 2019 and is projected to reach $4.83B by 2030, growing at a CAGR of 4.4%.
  • Middle East and Africa Middle East and Africa market size reached $1.15B in 2019 and is projected to reach $1.76B by 2030, growing at a CAGR of 4.0%.
  • South America South America market size reached $798.43M in 2019 and is projected to reach $1.12B by 2030, growing at a CAGR of 3.1%.

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Research Methodology

Aviation Gasoline (Avgas) Market Research Report Market — How We Researched This Market

This report applies a rigorous multi-stage research process combining primary interviews, secondary data sources, and bottom-up market modelling to ensure accuracy and completeness across all segments and geographies.

  • Base Year

    2021

  • Historical Period

    2019 – 2021

  • Forecast Period

    2021 – 2030

  • Primary Interviews

    150+

Research Process

Historical data (2019–2021) and forecast period (2021–2030)

1

Problem Definition

  • Market scoping
  • Objective setting
  • Framework design
2

Secondary Research

  • Literature review
  • Data mining
  • Trend analysis
3

Primary Research

  • Expert interviews
  • Field visits
  • Surveys
4

Data Analysis

  • Quantitative modeling
  • Statistical testing
  • Validation
5

Insights & Reporting

  • Synthesis
  • Recommendations
  • Visualization

Research Depth

Our research process spans primary interviews with industry stakeholders combined with comprehensive secondary data analysis, validated through triangulation across multiple independent sources.

Historical vs. Forecast Data

Historical (observed)
Forecast (modelled)

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Competitive Landscape & Porter's Five Forces

Aviation Gasoline (Avgas) Market Research Report Market — Competitive Analysis

Threat Of New Entrants

The threat of new entrants is moderate in the global aviation gasoline market. The raw materials required to produce aviation gasoline are largely available in the major areas of the globe. However, low-profit margins, the existence of established domestic as well as international players with wide distribution and sales networks, and a strong brand image in the large aviation gasoline market are likely to be key hurdles for the new entrants. Moreover, the high investment, expansion, and collaboration with the distributors of the existing corporation are expected to limit the entry of new industry participants. Considering the aforementioned factors, the threat of new entrants in the global aviation gasoline market is expected to be moderate.

Bargaining Power of Suppliers

The bargaining power of suppliers in the global aviation gasoline market is high. Suppliers of raw materials for the global aviation gasoline (Avgas) market include crude oil manufacturers. There are various producers and distributors of raw materials in the global aviation gasoline (Avgas) business. On the other hand, the availability of effective replacements for crude oil as raw materials, including animal fat from food industry waste, used cooking oil, vegetable oil processing waste and residues, and fish fat from fish processing waste, is expected to increase suppliers' bargaining power.

Threat Of Substitutes

The threat of substitutes in the global aviation gasoline (Avgas) market is estimated to be low. There are no effective alternatives available for aviation fuel in the end-use industries. Moreover, their manufacturing is huge, and their product prices are also expected to be low. There are no effective alternatives available for aviation fuel in the end-use industries. Moreover, aviation fuel manufacturing is huge, and their product prices are also similar. Furthermore, as the population increases with high disposable income, the demand for air travel ultimately increases, increasing the demand for aviation fuel. Thus, the threat of substitutes can be considered low in the forecast period.

Bargaining Power of Buyers

The bargaining power of buyers in the global aviation gasoline (Avgas) market is estimated to be low. The demand for aviation middle-class fuel for civil jets, military jets, commercial jets, and sports and recreational jets is high. The high disposable income of middle-class people was also a major driving factor during the forecast period, as middle-class people seemed to prefer air travel more in recent years. Moreover, a quality product offering from players such as Royal Dutch Shell (UK), BP Plc (UK), Total S.A. (France), ExxonMobil Corporation (US), and others at comparable prices, on the other hand, provides buyers with options to switch between them and likely increases their bargaining power. Considering the aforesaid factors, the bargaining power of buyers is expected to be low.

Intensity Of Rivalry

The intensity of rivalry in the global aviation gasoline (Avgas) market is estimated to be high. There are many producers of aviation gasoline on the global market. However, the market is dominated by some of the major players, such as ExxonMobil Corporation (US), Chevron Corporation (US), and others. The surge in demand for aviation gasoline, especially for civil jets, commercial jets, and military jet. The development of sustainable aviation fuel by numerous players to reduce CO2 is further expected to intensify the competition among the players and is likely to bring in new players in the global market. The competitors are also focused on net-zero emissions claims and sustainable development in the market, because of which they are taking initiatives such as new product launches, bio-based product development, and distribution agreements across the globe.

Quantitative Analysis

Regional Breakdown

Regional market breakdown for Aviation Gasoline (Avgas) Market Research Report Market.

Regional Market Size (USD Mn)

Market estimates by geography (2030)

USD Mn

InsightNorth America leads with $5.63B by 2030, while Asia Pacific is projected to grow fastest at a 4.4% CAGR.

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Regional Market Data

REGION201920212030CAGRSHARE
North America$4.42B$4.70B$5.63B2.2%31%
Europe$3.71B$4.00B$4.86B2.5%27%
Asia Pacific$3.02B$3.64B$4.83B4.4%27%
Middle East and Africa$1.15B$1.35B$1.76B4.0%10%
South America$798.43M$898.32M$1.12B3.1%6%
Total$13.10B$14.59B$18.21B3.0%100%

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Segment Revenue (2030)

Avgas 100LL (Blue)
Others
Avgas 100 (Green)
02052410461568208

Segment Market Share

  • Avgas 100LL (Blue)41%
  • Others35%
  • Avgas 100 (Green)23%

Total Market Size

$18.19B

Market by Segment (2030)

APPLICATIONREVENUE ($B)GROWTH RATEMARKET PENETRATION
Avgas 100LL (Blue)$7.46B3.0%
77%
Others$6.45B3.0%
53%
Avgas 100 (Green)$4.27B3.0%
88%

* Revenue projections based on 2025 estimates. Growth rates represent CAGR 2024–2030. Market penetration indicates current adoption rate within addressable market segments.

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Analytics

Aviation Gasoline (Avgas) Market Research Report Market — Key Findings

Analytical insights on Aviation Gasoline (Avgas) Market Research Report Market covering market dynamics, competitive landscape, and strategic outlook.

Key Analytical Findings

The Aviation Gasoline (Avgas) Market Research Report Market market is projected to reach $18.21B by 2030, growing at 3.0% CAGR. The Avgas 100LL (Blue) segment holds the largest share.

Market Dynamics

The increase in air traffic and high consumption of sustainable aviation fuel are the factors that are driving the growth of the global aviation gasoline (Avgas) market. However, rising electric and hybrid aircraft and the harmful environmental effects of aviation fuel are restraining the global aviation gasoline market's growth. Nonetheless, it is anticipated that the rising need for alternative aviation fuel will likely create lucrative opportunities in the coming years.

Market Drivers

There are several reasons for the increase in travel demand, and one of them is economic and demographic change. The International Air Transport Association (IATA) announced that there is strong demand growth for air travel. It has been reported that the total traffic in March 2023 rose to 52.4% compared to March 2022, and the global traffic until March 2023 was 88.0%. Moreover, there has been an increase in international passenger markets. For instance, Asia-Pacific airlines increased by 283.1%, Europe by 38.5%, the Middle East by 43.1%, North America by 51.6%, Latin America by 36.5%, and Africa by 71.7% until March 2023 compared to March 2022 a year ago. Therefore, the increase in air traffic in recent years is driving the growth of the aviation gasoline market.

Market Opportunities

The government and the public both are worried about the pollution and global warming occurring due to the use of aviation fuel. For the same reason, the use of alternative aviation fuel, including sustainable aviation fuel, is growing, which is creating a growth opportunity for the market. As per the European Alternative Fuels Observatory and Sustainable and Smart Mobility Strategy announced in December 2020, the European Union Transport Sector aimed to deliver a 90% reduction in emissions by 2050.

Moreover, at the 77th Annual General Meeting (AGM) of the International Air Transport Association (IATA) in 2021, a resolution associated with the global air transport industry was approved to achieve net-zero carbon emissions by 2050 using SAF.

Furthermore, under IATA, the Air Transport Action Group (ATAG) examined and announced that it will be feasible to replace fossil jet fuel with SAF over the next few years.

Therefore, government initiatives and plans to reduce CO2 emissions and replace fossil jet fuel with SAF are flourishing market opportunities.

Market Restraints

The rising demand for electric and hybrid aircraft as well as the growing number of project initiations associated with electric and hybrid aircraft. Moreover, as per the International Council on Clean Transportation, there are several benefits that electric aircraft provide, including:

Provide a 49% to 88% reduction in CO2 emissions compared to fossil fuel reference aircraft.Electric aircraft can be 2.1 to 3.2 times more energy efficient during a cruise.Increase aircraft range by reducing the empty mass fraction.Advanced technology in the battery makes electric aviation feasible.

Additionally, the persistent increase in the electrification of aircraft systems, investment in electric or hybrid aircraft, and research on electrical propulsion According to the International Civil Aviation Organisation, there are several electric projects targeting entry-in-service in the years 2020–2030; see the below chart for the number of hybrid and electric aircraft projects.

Strategic Outlook and Future Directions

Near-term growth will likely concentrate in modular bioreactor lines and closed-system media workflows that shorten validation cycles while preserving batch traceability.

Partnerships between CDMOs and instrumentation vendors should accelerate standard datasets for comparability across sites, improving forecasting models used in capacity planning.

Longer horizon, organoid and microphysiological adoption may reshape segment mix; teams that invest early in assay interoperability and cloud QC hooks are better positioned to capture upside without fragmenting their analytics stack.

Market Value by Segment (2030)

Value (USD Mn)
Avgas 100LL (Blue)
Others
Avgas 100 (Green)

Companies

Key companies profiled in Aviation Gasoline (Avgas) Market Research Report Market

Profiles of 106 companies operating in the Aviation Gasoline (Avgas) Market Research Report Market market, including revenue, employee count, and market positioning where available.

Showing 106 of 106 companies

TotalEnerg

TotalEnergies

Energy & Power

Company Headquarters: Courbevoie, France Founded: 1924 Workforce: ~ 1, 01,279 Company Working: TotalEnergies is a leading global company specializing in the production and distribution of polymer products. With a rich history spanning several decades. The company has its presence in Europe, North America, Asia Pacific, Latin America, and Middle East regions. The company offers a diverse portfolio of polymer solutions catering to a wide range of sectors, including automotive, construction, packaging, and others TotalEnergies has commitment to innovation and sustainability. Through continuous research and development efforts, the company strives to deliver cutting-edge solutions that meet the evolving needs of its customers while minimizing environmental impact. TotalEnergies Polymers places a strong emphasis on sustainable practices throughout its operations, aiming to reduce waste, energy consumption, and carbon footprint. As a global player, TotalEnergies Polymers operates an extensive network of production facilities, research centers, and distribution channels, to provide a supply chain and customer service worldwide.

Revenue$176.2B
Employees1,279
Market CapN/A
Founded1923
Courbevoie, France
Phillips 6

Phillips 66 Company

Energy & Power

Company Headquarters: Texas, United States Founded: 2012 Workforce: ~13,000 Company Working: Phillips 66 Company is an energy company. It collects, processes, transports, stores, and sells natural gas and petroleum products like gasoline, diesel, aviation fuel, and lubricants. Furthermore, it transports, fractionates, and trades natural gas liquids (NGLs). The corporation refines crude oil and other feedstock and sells it in the US and Europe. The company operates 28 manufacturing facilities worldwide, including a 50% joint venture participation in Chevron Phillips Chemical Company LLC, which produces and sells plastics and petrochemicals globally. It also operates two research and development centers in the US. It also produces and sells specialty lubricants under the Phillips 66, Kendall, and Red Line brands. The corporation has operations in the US, Europe, Asia, the Middle East, and Africa.

Revenue$107.3B
Employees13,000
Market CapN/A
Founded2011
Texas, United States
Oman Oil C

Oman Oil Company S.A.O.C.

Energy & Power

Company Headquarters: Muscat, Oman Founded: 1996 Workforce: ~200 Company Working: Oman Oil Company S.A.O.C. (OOC) produces and distributes oil and gas. It is fully owned by the Sultanate of Oman's government. It offers the best aviation fuels and meets the highest quality standards, DEF STAN 91-91, and ASTM D1655. Additionally, it is the sole supplier of AVGAS 100 LL at Muscat airport. Along with petrochemicals, energy infrastructure, power, shipping, and metals in addition to exploration and production, refining, and marketing, the company's portfolio is diversified along the whole energy value chain. Furthermore, the company is also essential to the Sultanate's efforts to boost private sector investment in the Omani economy and from abroad. The company operates in Oman.

RevenueN/A
Employees200
Market CapN/A
Founded1995
Muscat, Oman
Hjelmco Oi

Hjelmco Oil AB

Energy & Power

Company Headquarters: Vasteras, Sweden Founded: 1981 Workforce: ~25 Company Working: Hjelmco Oil AB is a manufacturer, supplier, and researcher of specialty aviation fuels, especially unleaded and low-toxic AVGAS. The company offers a variety of products, including Hjelmco Avgas 100 LL, Hjelmco Avgas 91/96 UL, Hjelmco UAS Avgas 91/96 UL, Hjelmco Avgas 115/145, Tailored fuels, and Hjelmco Jet-A1. Additionally, the corporation also ships its products in bulk around the world aboard tanker ships, railroad tank cars, container tanks, and vehicles. Moreover, the company operates in Sweden and Japan.

RevenueN/A
Employees25
Market CapN/A
Founded1980
Vasteras, Sweden
Shell plc

Shell plc

Chemicals & Materials

Company Headquarters: London, United Kingdom Founded: 1907 Workforce: ~86,000 Company Working: Shell plc (Shell), formerly Royal Dutch Shell Plc, is an integrated oil & gas company. The company explores and produces oil & gas from conventional fields and sources such as tight rock, shale & coal formations. It operates refining & petrochemical complexes across the world. Shell’s product offerings include lubricants, bitumen, and liquefied petroleum gas; and petrochemical products such as raw materials for plastics, coatings, and detergents. The company’s reporting segments are integrated gas, upstream, oil products, chemicals, and corporate. The business operates a network of four base oil production facilities, 33 lubricant mixing facilities, eight grease plants, and six GTL base oil storage hubs as part of its worldwide lubricants supply chain. We primarily supply lubricants through marine activities to the shipping and maritime industries. The business provides fuel and more than 200 grades of lubricants to ships all around the world, from giant ocean-going tankers to small fishing boats. The company markets its products directly and indirectly through distributors in Europe, Asia, Oceania, Africa, North America, and South America.

Revenue$344.9B
Employees86,000
Market CapN/A
Founded1906
London, United Kingdom
VITOL

VITOL

Energy & Power

Company Headquarters: Geneva, Switzerland Founded: 1966 Workforce: ~1,560 Company Working: Vitol is an organization that deals in commodities and energy. The company provides services for trading crude oil and products, transportation, refining, terminals, and storage, upstream, and downstream, gas and power, renewable energy, and investments. Oil firms, industrial companies, and utilities are among the clients served by VITOL. It has more than 40 offices worldwide. Additionally, it has energy assets throughout the world, such as storage, refining, and downstream operations under the Shell brand in Australia and other African nations. Moreover, Vitol provides more than 1.8 million barrels of oil to more than 25 airlines across the globe. Additionally, Vitol can offer customers fixed-price derivatives and carbon-reduction strategies. In addition, Vitol has holdings in oil and gas properties in the US, the Middle East, Eastern Europe, Central Asia, and West Africa. Additionally, it runs through a global network of offices across the world panning Europe, North America, Africa, the Middle East, and Asia Pacific.

RevenueN/A
Employees1,560
Market CapN/A
Founded1965
Geneva, Switzerland
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About the Author

Energy & Power Research Team

Energy & Power

This report comes from Wantstats' energy team — analysts who spend their days tracking utility filings, generation capacity, and grid investment plans across markets most research glosses over. Every number here has been checked against our own databases and validated through conversations with people actually running these projects.

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I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Aviation Gasoline (Avgas) Market Research Report Market

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