"Actionable Insights to Fuel Your Growth"

Gasoline Market Size, Share and Global Trend By Application (Cars, Sport Utility Vehicles, Light Trucks, and Motorcycles, Recreational Vehicles, Yacht, and Boats, Small Aircraft, Equipment and Tools, Electricity Generators, Others) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI101373 | Status : Ongoing

 

KEY MARKET INSIGHTS

Demand for primary energy is growing day by day on account of the rising population, increasing the standard of living and rapid industrialization & urbanization. Primary energy requirements are met by coal, natural gas, gasoline, diesel, etc. Gasoline is one of the most used fuel sources in the present times. Gasoline or gas in American English or petrol in British English is a flammable liquid derived from petroleum or crude oil.


It is primarily used as a fuel in spark-ignited internal combustion engines. It contains mostly organic compounds obtained by the process of fractional distillation of petroleum. Gasoline is added with a variety of additives to enhance the performance of gasoline. Gasoline is blended with ethanol to mitigate the pollution caused by the burning of gasoline.

To gain extensive insights into the market, Request for Customization


Different grades of gasoline are used in various applications. Octane number is the standard measure of the performance of gasoline. Gasoline plays a significant role to reduce emissions and to improve engine operability and durability. Latest norms and regulations like Euro VI, BS-IV  have improved the quality of fuel and helped in reducing emissions.  

On the basis of applications, gasoline market can be segmented into Cars, sport utility vehicles, light trucks, motorcycles, recreational vehicles (RV), boats, yachts, small aircraft, equipment & tools and electricity generators. High-end sports cars and aircraft use high octane number gasoline fuel. Gasoline is used as fuel in tools and equipment which are used for farming, forestry, landscaping, etc. Gasoline is used to drive electrical generators that are used for portable or back-up power generation.

The major market driver for the global Gasoline market is the increase in demand for automobiles. Automobiles use gasoline as fuel. Key market restraint for the global gasoline market is the pollution caused by the burning of gasoline. Gases emitted by burning off gases result in global warming and climate change

Key Players Covered


Some of the notable companies in the global gasoline market are PetroChina Co, Marathon Petroleum, Valero Energy, Exxon Mobil, Phillips 56, Chevron, PBF Energy, Shell, British Petroleum, Koch, Motiva, Total, Statoil, Rosneft, Reliance, HPCL, Saudi Aramco and Royal Dutch Shell.

Segmentation


















Segmentation

 Details

By Application



  • Cars, Sport Utility Vehicles, Light Trucks, and Motorcycles

  • Recreational Vehicles, Yacht, and Boats

  • Small Aircraft

  • Equipment and Tools

  • Electricity Generators

  • Others



By Geography



  • North America (USA and Canada)

  • Europe (UK, Germany, France, Italy, Spain and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico and Rest of Latin America)

  • Middle East & Africa (GCC, South Africa, and Rest of Middle East & Africa)



           

Regional Analysis


The global gasoline market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America leads the consumption of gasoline. USA and Canada have the highest number of automobiles on the road and the price of gasoline are also less as compared to rest of the world. Asia-Pacific is also expected to witness the rapid growth of gasoline market. Several countries like India, China, Australia, Japan, etc. are growing at a healthy rate. Rising usage of automobiles in Asia-Pacific region will boost sales of gasoline market. Countries like India, China, USA, etc. are storing a certain amount of gasoline as a part of strategic reserves and a step towards energy security. G5 countries are expected to witness the rapid growth of gasoline market. Europe is expected to provide steady growth parameters to gasoline market.    

Key Industry Developments



  • In August 2019, Venezuela received at least 616,000 barrels of gasoline and 500,000 of vacuum gas oil, a feedstock used to produce gasoline in June & July of 2019 form Russia.

  • In July 2019, China increases gasoline exports in July and August of 2019 to near-record levels with cargoes moving to Mexico and Nigeria as Chinese refiners seek outlets for their fuel amid a wave of new production.

  • In July 2019, BPCL has bought 20000 tonnes of Euro IV compliant 91.2-octane grade gasoline at a premium of about $9 a barrel to Singapore quotes on a cost-and-freight (C&F) basis.





  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Energy & Power Clients

Ntt
Caterpillar
Fujifilm
UL
Itic

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X