"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 Geography Forecast till 2026

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.


Gasoline Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2019
  • 2016-2018

    CHOOSE LICENSE TYPE

  • 4850
    6850
    8850

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

reliance
omron

Client Testimonials

“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 . More info.
X