AvGas Market Forecast 2024–2032: Steady Growth Driven by Aviation Fuel Demand
Global Piston-engine Aircraft Gasoline (AvGas) Market continues to demonstrate steady growth, with its valuation reaching USD 2.28 billion in 2024. According to the latest industry analysis, the market is projected to grow at a CAGR of 4.5%, reaching approximately USD 3.10 billion by 2032. This growth is largely fueled by increasing general aviation activities and flight training operations, particularly in North America and emerging economies where private aircraft ownership continues to rise.
Piston-engine aircraft gasoline remains the primary fuel for light aircraft, with AVGAS 100LL being the most widely used variant. While environmental concerns are pushing for unleaded alternatives, the market still heavily relies on leaded formulations due to engine compatibility requirements across existing fleets. The FAA's EAGLE initiative aims to transition the industry toward lead-free solutions by 2030, creating both challenges and opportunities for fuel producers.
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