Le Lézard
Classified in: Oil industry, Covid-19 virus
Subject: MRR

Gasoline as a Fuel Market to grow by USD 96.19 billion from 2022 to 2027 | Growth Driven by Increasing number of automobiles worldwide- Technavio


NEW YORK, Sept. 26, 2023 /PRNewswire/ -- The "gasoline as a fuel market by end-user (transportation, power generation, and others) and geography (North America, Europe, APAC, South America, and Middle East and Africa) - Forecast and Analysis 2023-2027" report has been added to Technavio offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the gasoline as a fuel market from 2022 to 2027 is USD 96.19 billionaccording to Technavio. The increasing number of automobiles worldwide is a key factor driving market growth. Gasoline as a fuel is mainly used to power the internal combustion engines (ICEs) of passenger cars, two-wheelers, and light trucks. According to statistics from the US EIA, the transportation industry accounts for 60% of total gasoline consumption in 2021  and in this sector, gasoline accounts for 90% of oil consumption. Factors such as increasing urbanization and rising disposable income have led to increased use of passenger vehicles, which means increased demand for gasoline. Additionally, to accommodate the increasing rate of urbanization, the road transportation network has undergone growth and modernization. Hence, these factors are expected to drive market growth during the forecast period. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here

Market Challenge 

Learn about additional key drivers, trends, and challenges available with Technavio. Read Free Sample PDF Report Now

The gasoline as a fuel market has been segmented by end-user (transportation, power generation, and others) and geography (North America, Europe, APAC, South America, and Middle East and Africa). 

View the Free Sample Report for insights into the contribution of all the segments and regional opportunities in the report.

Key Companies in the gasoline as a fuel market:

BP Plc, Chevron Corp., Emirates National Oil Co. Ltd. LLC., Gazprom Nedra LLC, Indian Oil Corp. Ltd., Koch Fuel Products Inc., Kuwait Petroleum Corp., Marathon Petroleum Corp., PBF Energy Inc., PetroChina Co. Ltd., Petroleos de Venezuela SA, Phillips 66, PJSC LUKOIL, Rosneft Oil Co., Saudi Arabian Oil Co., Shell plc, Valero Energy Corp., Reliance Industries Ltd., and Exxon Mobil Corp.

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Gasoline As A Fuel Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 1.06%

Market growth 2023-2027

USD 96.19 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

1.36

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 45%

Key countries

US, Canada, China, Germany, and the UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

BP Plc, Chevron Corp., Emirates National Oil Co. Ltd. LLC., Gazprom Nedra LLC, Indian Oil Corp. Ltd., Koch Fuel Products Inc., Kuwait Petroleum Corp., Marathon Petroleum Corp., PBF Energy Inc., PetroChina Co. Ltd., Petroleos de Venezuela SA, Phillips 66, PJSC LUKOIL, Rosneft Oil Co., Saudi Arabian Oil Co., Shell plc, Valero Energy Corp., Reliance Industries Ltd., and Exxon Mobil Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data you are looking for, you can reach out to our analysts and get customized segments.

ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by End-User

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio


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