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 billion, according 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
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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. |
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.
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SOURCE Technavio
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