Gasoline Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
MARKET OVERVIEW
Gasoline is a major transportation fuel for automobiles and is rivaled in its use in internal combustion engines (ICE) only by diesel fuel, which predominates in automotive vehicles in the commercial sector. Gasoline is also used as an aviation fuel for propeller aircraft. Recreational vehicles and some maritime vessels also use gasoline. Rising population particularly, the rise in the number of automobiles and easy availability of gasoline are some of the major factors driving gasoline as a fuel market. However, the use of alternative clean sources of energy to reduce carbon emissions is likely to restrain the growth of the market.
MARKET SCOPE
The "Global Gasoline Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the gasoline market with detailed market segmentation by type, application, and geography. The global gasoline market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading gasoline market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- The global gasoline market is segmented on the basis of type, material, and product design.
- On the basis of type, the gasoline market is segmented into regular gasoline, and special gasoline.
- The gasoline market on the basis of the application is classified into motorcycle, automobile, and others.
MARKET DYNAMICS
Drivers
- Increase in the automobile products.
- Increase in the research and development.
Restraints
- On the other hand, the increase in the prices of gasoline products in comparison to its other subsidiaries is further projected to impede the growth of the gasoline market in the targeted period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The gasoline oil market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the gasoline oil market in these regions.
IMPACT OF COVID-19 ON GASOLINE MARKET
The ongoing COVID-19 pandemic is expected to have a moderate impact on the global gasoline market. As onshore tanks and storage alternatives in several major nations, including the U.S. and India are nearly full, market players are increasingly eyeing opportunities in these regions to cater to the demand for new gasoline alternatives. Traders and refiners are increasingly exploring new alternatives such as floating storage to fulfil the growing demand for gasoline alternatives. As the lockdown restrictions around the world continue to ease out, the supply chain across the gasoline market is showing signs of recovery.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The gasoline oil market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the gasoline oil market in these regions.
IMPACT OF COVID-19 ON GASOLINE MARKET
The ongoing COVID-19 pandemic is expected to have a moderate impact on the global gasoline market. As onshore tanks and storage alternatives in several major nations, including the U.S. and India are nearly full, market players are increasingly eyeing opportunities in these regions to cater to the demand for new gasoline alternatives. Traders and refiners are increasingly exploring new alternatives such as floating storage to fulfil the growing demand for gasoline alternatives. As the lockdown restrictions around the world continue to ease out, the supply chain across the gasoline market is showing signs of recovery.
MARKET PLAYERS
The report covers key developments in the gasoline oil market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from gasoline oilmarket market are anticipated to lucrative growth opportunities in the future with the rising demand for gasoline market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Gasoline market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Saudi Arabian Oil Co.
- Exxon Mobil Corporation
- China National Petroleum Corporation
- BP plc
- Shell plc
- PDVSA - Petróleos de Venezuela, SA.
- Gazprom
- Chevron Corporation.
- Kuwait Petroleum Corporation (KPC)
- Petrobras.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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![Report Coverage](https://www.theinsightpartners.com/assets/rdimages/report_coverage.png)
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
![Segment Covered](https://www.theinsightpartners.com/assets/rdimages/segment_covered.png)
Segment Covered
This text is related
to segments covered.
![Regional Scope](https://www.theinsightpartners.com/assets/rdimages/regional_scope.png)
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
![Country Scope](https://www.theinsightpartners.com/assets/rdimages/country_scope.png)
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Gasoline Market - By Type
1.3.2 Gasoline Market - By Application
1.3.3 Gasoline Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. GASOLINE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. GASOLINE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. GASOLINE MARKET - GLOBAL MARKET ANALYSIS
6.1. GASOLINE - GLOBAL MARKET OVERVIEW
6.2. GASOLINE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. GASOLINE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. REGULAR GASOLINE
7.3.1. Overview
7.3.2. Regular Gasoline Market Forecast and Analysis
7.4. SPECIAL GASOLINE
7.4.1. Overview
7.4.2. Special Gasoline Market Forecast and Analysis
8. GASOLINE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. MOTORCYCLE
8.3.1. Overview
8.3.2. Motorcycle Market Forecast and Analysis
8.4. AUTOMOBILE
8.4.1. Overview
8.4.2. Automobile Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. GASOLINE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Gasoline Market Overview
9.1.2 North America Gasoline Market Forecasts and Analysis
9.1.3 North America Gasoline Market Forecasts and Analysis - By Type
9.1.4 North America Gasoline Market Forecasts and Analysis - By Application
9.1.5 North America Gasoline Market Forecasts and Analysis - By Countries
9.1.5.1 United States Gasoline Market
9.1.5.1.1 United States Gasoline Market by Type
9.1.5.1.2 United States Gasoline Market by Application
9.1.5.2 Canada Gasoline Market
9.1.5.2.1 Canada Gasoline Market by Type
9.1.5.2.2 Canada Gasoline Market by Application
9.1.5.3 Mexico Gasoline Market
9.1.5.3.1 Mexico Gasoline Market by Type
9.1.5.3.2 Mexico Gasoline Market by Application
9.2. EUROPE
9.2.1 Europe Gasoline Market Overview
9.2.2 Europe Gasoline Market Forecasts and Analysis
9.2.3 Europe Gasoline Market Forecasts and Analysis - By Type
9.2.4 Europe Gasoline Market Forecasts and Analysis - By Application
9.2.5 Europe Gasoline Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Gasoline Market
9.2.5.1.1 Germany Gasoline Market by Type
9.2.5.1.2 Germany Gasoline Market by Application
9.2.5.2 France Gasoline Market
9.2.5.2.1 France Gasoline Market by Type
9.2.5.2.2 France Gasoline Market by Application
9.2.5.3 Italy Gasoline Market
9.2.5.3.1 Italy Gasoline Market by Type
9.2.5.3.2 Italy Gasoline Market by Application
9.2.5.4 United Kingdom Gasoline Market
9.2.5.4.1 United Kingdom Gasoline Market by Type
9.2.5.4.2 United Kingdom Gasoline Market by Application
9.2.5.5 Russia Gasoline Market
9.2.5.5.1 Russia Gasoline Market by Type
9.2.5.5.2 Russia Gasoline Market by Application
9.2.5.6 Rest of Europe Gasoline Market
9.2.5.6.1 Rest of Europe Gasoline Market by Type
9.2.5.6.2 Rest of Europe Gasoline Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Gasoline Market Overview
9.3.2 Asia-Pacific Gasoline Market Forecasts and Analysis
9.3.3 Asia-Pacific Gasoline Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Gasoline Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Gasoline Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Gasoline Market
9.3.5.1.1 Australia Gasoline Market by Type
9.3.5.1.2 Australia Gasoline Market by Application
9.3.5.2 China Gasoline Market
9.3.5.2.1 China Gasoline Market by Type
9.3.5.2.2 China Gasoline Market by Application
9.3.5.3 India Gasoline Market
9.3.5.3.1 India Gasoline Market by Type
9.3.5.3.2 India Gasoline Market by Application
9.3.5.4 Japan Gasoline Market
9.3.5.4.1 Japan Gasoline Market by Type
9.3.5.4.2 Japan Gasoline Market by Application
9.3.5.5 South Korea Gasoline Market
9.3.5.5.1 South Korea Gasoline Market by Type
9.3.5.5.2 South Korea Gasoline Market by Application
9.3.5.6 Rest of Asia-Pacific Gasoline Market
9.3.5.6.1 Rest of Asia-Pacific Gasoline Market by Type
9.3.5.6.2 Rest of Asia-Pacific Gasoline Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Gasoline Market Overview
9.4.2 Middle East and Africa Gasoline Market Forecasts and Analysis
9.4.3 Middle East and Africa Gasoline Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Gasoline Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Gasoline Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Gasoline Market
9.4.5.1.1 South Africa Gasoline Market by Type
9.4.5.1.2 South Africa Gasoline Market by Application
9.4.5.2 Saudi Arabia Gasoline Market
9.4.5.2.1 Saudi Arabia Gasoline Market by Type
9.4.5.2.2 Saudi Arabia Gasoline Market by Application
9.4.5.3 U.A.E Gasoline Market
9.4.5.3.1 U.A.E Gasoline Market by Type
9.4.5.3.2 U.A.E Gasoline Market by Application
9.4.5.4 Rest of Middle East and Africa Gasoline Market
9.4.5.4.1 Rest of Middle East and Africa Gasoline Market by Type
9.4.5.4.2 Rest of Middle East and Africa Gasoline Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Gasoline Market Overview
9.5.2 South and Central America Gasoline Market Forecasts and Analysis
9.5.3 South and Central America Gasoline Market Forecasts and Analysis - By Type
9.5.4 South and Central America Gasoline Market Forecasts and Analysis - By Application
9.5.5 South and Central America Gasoline Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Gasoline Market
9.5.5.1.1 Brazil Gasoline Market by Type
9.5.5.1.2 Brazil Gasoline Market by Application
9.5.5.2 Argentina Gasoline Market
9.5.5.2.1 Argentina Gasoline Market by Type
9.5.5.2.2 Argentina Gasoline Market by Application
9.5.5.3 Rest of South and Central America Gasoline Market
9.5.5.3.1 Rest of South and Central America Gasoline Market by Type
9.5.5.3.2 Rest of South and Central America Gasoline Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. GASOLINE MARKET, KEY COMPANY PROFILES
11.1. SAUDI ARABIAN OIL CO.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. EXXON MOBIL CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CHINA NATIONAL PETROLEUM CORPORATION
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BP PLC
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. SHELL PLC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. PDVSA - PETRóLEOS DE VENEZUELA, SA.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. GAZPROM
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. CHEVRON CORPORATION. (US)
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. KUWAIT PETROLEUM CORPORATION (KPC)
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. PETROBRAS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List Of Companies
- Saudi Arabian Oil Co.
- Exxon Mobil Corporation
- China National Petroleum Corporation
- BP plc
- Shell plc
- PDVSA - Petróleos de Venezuela, SA.
- Gazprom
- Chevron Corporation. (US)
- Kuwait Petroleum Corporation (KPC)
- Petrobras
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.