Aviation Gasoline Market has been valued at USD 1.84 billion in the year 2021 and it is estimated to reach USD 2.01 billion by the year 2027, with a CAGR of 4.5% from 2022 to 2027. Aviation Gasoline is the aviation fuel most commonly used in piston-engine aircraft. Avgas remains the only transportation fuel in the United States to contain lead. More than 222,600 registered piston-engine aircraft can operate on leaded avgas. ; these are the main factors that have considerably increased the demand for Aviation Gasoline in the market, thereby driving the huge growth of the Aviation Gasoline market in the upcoming years

Market Drivers and Restraints:

The main factors that have considerably increased the demand for Aviation Gasoline in the market are mainly the increase in demand from the military sector and the rise in air transportation are expected to be major factors contributing to the market growth. New flight routes and new airports also surge the demand for fuel, which further drives aviation fuel market growth. However, stringent rules regarding the use of fuel variants and additives owing to high levels of carbon emissions and fluctuations in crude oil prices are the factors that largely hamper the aviation fuel market growth; these are the main factors that have considerably increased the demand for the Aviation Gasoline in the market, thereby driving the huge growth of the Aviation Gasoline market in the upcoming years

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The report is segmented as follows:

Aviation Gasoline Market is segmented on the basis of:

By Application (Civil Aviation, Military),

By Fuel Type (Avgas, Jet Fuel),

By Additive Type (Deposit Control, Anti-Icing, Corrosion Inhibitor, and Lubricity Improver, Biocides, Antioxidants, Dyes & Maker, Others)

Geographical Segmentation:

Aviation Gasoline Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa, and the rest of the world. North America has the dominant share in Aviation Gasoline due to the increased fleet sizes, and high demand for fuel from emerging economies in the region. These are the main factors that have considerably increased the demand for Aviation Gasoline in North America, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa will register a slower increase in the Aviation Gasoline Market

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Impact of COVID-19 on the Market

The COVID-19 pandemic continues to radically trade that amplify of variety of industries; however, the immediate effect of the outbreak is varied. While some industries will register a visit demand, several others will proceed to remain unscathed and showcase promising increased opportunities. COVID-19 will have an occasional effect on the Aviation Gasoline market. In recent days relaxation in restrictions by the government and people getting vaccinated to stop the spread of coronavirus are expected to raise the Aviation Gasoline market growth

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