Avgas, or aviation gasoline, is a specialized type of fuel used to power aircraft engines. It is distinct from jet fuel, which is used to power jet engines. Avgas is highly refined in order to reduce engine wear and minimize the risk of pre-ignition and engine knocking. It typically contains lead in order to improve its octane rating.
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Key Drivers
The key drivers of the aviation gasoline market are the aviation industry and the defense sector. The aviation industry is the largest consumer of aviation gasoline, accounting for about 80% of the total demand. The defense sector is the second-largest consumer, accounting for about 20% of the total demand.
The aviation industry is growing at a rapid pace, driven by the increasing demand for air travel. The defense sector is also growing, driven by the increasing need for military aircraft.
Market Segmentation
The aviation gasoline market is segmented by type, application, and region. by type, the market is divided into aviation gasoline 100LL and aviation gasoline 8087. By application, the market is classified into general aviation and commercial aviation. By region, the market is segmented into North America, Europe, Asia-Pacific and rest of the world.
Key Players
The key players profiled in global sustainable aviation gasoline market includes Aemetis, Inc., Avfuel Corporation, Fulcrum Bioenergy, Gevo, Lanzatech, Neste, Preem AB, Sasol, SkyNRG, and World Energy.
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