DUBLIN, Oct. 12, 2023 (Globe Newswire) — The “Gasoline World Market Report 2023” report has been added. ResearchAndMarkets.com Recruitment.
The global gasoline market is experiencing steady growth and is expected to increase from $125.94 billion in 2022 to $128.21 billion in 2023, at a compound annual growth rate (CAGR) of 1.80%. I’m proud. Moreover, this growth trend is expected to continue in the future, reaching $136.81 billion in 2027 at a CAGR of 1.64%.
Major players in the gasoline market include Exxon Mobil Corporation, Shell plc, Chevron Corporation, PBF Energy Corporation, Reliance Industries Limited, PetroChina Company Limited, Saudi Arabian Oil Company, China National Petroleum Corporation, BP plc, Marathon Petroleum Corporation, and Valero. It is included. Energy Corporation, Petroleos de Venezuela SA, Motiva Enterprises LLC, Kuwait Petroleum Corporation (KPC), and Emirates National Petroleum Company Group.
Reason for purchase
- global insights: Covering more than 12 regions for a comprehensive understanding of the market.
- Impact of the new coronavirus infection (COVID-19): Learn how the market will be affected by the pandemic and expected pandemic recovery.
- geopolitical factors: Assessing the impact of the Russo-Ukrainian war on agricultural, energy, and mineral commodity supplies and markets.
- impact of inflation: Understand the impact of high global inflation on market growth.
- strategic planning: Develop regional and national strategies based on local data and analysis.
- investment opportunity: Identify growth segments for strategic investment.
- Competitiveness: Outperform your competitors using predictive data and market drivers and trends.
- customer insights: Understand customer preferences through the latest market share data.
- benchmark: Benchmark your performance against key competitors.
- Data ready for presentation: Obtain reliable, high-quality data and analysis for internal and external presentations.
Gasoline is a fuel obtained from crude oil or other petroleum liquids and is primarily used in internal combustion engines. This includes regular gasoline with an octane rating of 87, a byproduct of crude oil that is known to be flammable. This versatile fuel has applications in transportation, small aircraft, generators, recreational vehicles, and more, contributing to industries such as transportation and power generation.
Gasoline market research report provides comprehensive statistics including global market size, regional share, and competitor insights for the Gasoline Optical Components industry. This report provides detailed market segments, trends, and growth opportunities for the Gasoline Optical Components sector.
Product innovation is driving the gasoline market, with companies like Renewable Energy Group Inc. introducing cleaner-burning, lower-emission fuels like EnDura Fuels in March 2022. These innovations support sustainability goals in transportation, rail, maritime, aviation, and other industries.
North America is expected to lead the gasoline market in 2022, while Asia Pacific is expected to be the fastest growing segment over the forecast period. Regions covered include Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa, with Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and US reporting It is featured in the book.
Rapidly increasing demand for automobiles is driving gasoline market growth, especially in regions where the adoption of electric and alternative fuel vehicles is limited. In 2021, U.S. automakers produced approximately 6.3 million passenger cars, an increase of 3.1% compared to 2020, and global automobile production increased by 2.7% to 63.2 million vehicles. Sales of electric vehicles (EVs) will double in 2021 to reach 6.6 million units, indicating growing demand for gasoline.
The gasoline market includes different types of gasoline, including regular, midgrade, premium, ethanol blended, oxygenated, and reformulated gasoline. Market value is based on the “factory gate” value, which includes the goods and related services sold by the manufacturer or creator.
Key attributes:
report attributes | detail |
number of pages | 275 |
Forecast period | 2023-2027 |
Estimated market value in 2023 (USD) | $128.21 billion |
Projected market value to 2027 (USD) | $136.81 billion |
compound annual growth rate | 1.6% |
Target area | global |
Main topics covered:
1.executive summary
2. Characteristics of the gasoline market
3. Gasoline market trends and strategies
4. Gasoline Market – Macroeconomic Scenario
4.1. Impact of the new coronavirus infection on the gasoline market
4.2. Impact of the Ukraine-Russia war on the gasoline market
4.3. Impact of high inflation on the gasoline market
5. Gasoline market size and growth
5.1. Global gasoline historical market, 2017-2022, $ billion
5.1.1. Market drivers
5.1.2. Commercially available restraints
5.2. Global Gasoline Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Market drivers
5.2.2. Commercially available restraints
6. Gasoline market segmentation
6.1. Global Gasoline Market, Segmentation by Type, Historical and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- regular gasoline
- special gasoline
6.2. Global Gasoline Market, Segmentation by Application, Historical and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Transportation facilities
- small airplane
- Generator
- RV car
- Other uses
6.3. Global Gasoline Market, Segmentation by End User, Historical and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Transportation facilities
- power generation
- Other end users
7. Gasoline market regional and country analysis
7.1. Global Gasoline Market, By Region, Historical and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Gasoline Market, by Country, Historical and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
For more information on this report, please visit https://www.researchandmarkets.com/r/ghc5t1.
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