Aviation Gasoline Market Size Estimated to Reach USD 11.68 Bn by 2032

The Brainy Insights, a well-known market research firm, has recently published a report forecasting a 6.73% CAGR for the global aviation gasoline market from 2022 to 2030.

Aviation Gasoline Market The global aviation gasoline market is estimated to reach a value of USD 2.64 billion by 2030, growing at a CAGR of 6.73% from 2022 to 2030. The increasing demand for efficient and economical transportation from the aviation industry is driving the market growth. Moreover, the growing government support and incentives for the aviation sector, especially in countries like China, India, and the US, is propelling the growth of the global aviation gasoline market. The increasing demand for low-carbon-emission transportation methods has raised concerns among civil aviation organizations and is prompting the public and private players in the aviation sector to develop hybrid, electric, or hybrid-electric machines to reduce emissions from gasoline-based aircraft. “The growing concerns surrounding climate change have persuaded the public and private players in the aviation industry to develop hybrid, electric, or hybrid-electric machines to reduce emissions from gasoline-based aircraft,” commented Avinash D, Chief Research Analyst at Brainy Insights Pvt. Ltd. “This increased demand for hybrid aviation machines is likely to boost the growth of the global aviation gasoline market in the coming years.” In addition, the rising use of aviation gasoline to fuel general aviation (GA) aircraft and increasing usage of turbine engines in GA aircraft in the commercial sector are expected to propel the growth of the global aviation gasoline market. The increasing number of aircraft in service, along with the growing preference for jet fuel owing to its superior burning characteristics and cost, is expected to further support the growth of the global aviation gasoline market.

The global aviation gasoline market is expected to reach USD 2.64 billion by 2030, due to the increasing demand for efficient transportation, growing government support, and the rising use of aviation gasoline to fuel general aviation aircraft.

According to the The Brainy Insights report, the global aviation gasoline market is likely to witness significant growth in the coming years. Companies looking to leverage this market growth are encouraged to contact The Brainy Insights for more information.