Gasoline (also known as petrol in Europe) is widely used as a fuel in automobiles. Gasoline, in essence, is a complex mixture of hydrocarbon fractions that are obtained from the refining of crude oil. The crude oil is passed through a number of stages to meet a large number of specifications. Additives are often added to upgrade the quality of the gasoline and ensure that the specifications are fulfilled.
The analysts forecast the gasoline market in the US market to reach 18,732.8 gpd by 2020.
Covered in this report
The report covers the present scenario and the growth prospects of the gasoline market in the US for 2016-2020. To calculate the market size, the report considers the sales of telecom gasoline in different regions.
The market is divided into the following segments based on regions:
- East Coast
- Gulf Coast
- Rocky Mountain
- West Coast
The report, Gasoline Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Exxon Mobil
- Uses of gasoline
- High adoption of alternative vehicles
- Increase in LDVs
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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- Market overview
- Top-vendor offerings
- Research methodology
- Economic indicators
- Key market highlights
- Market overview
- Market size and forecast
- Five forces analysis
- Gasoline market in US by region 2015
- Gasoline market in US by region 2020
- Gasoline market in Midwest
- Gasoline market in East Coast
- Gasoline market in West Coast
- Gasoline market in Gulf Coast
- Gasoline market in Rocky Mountain
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
- Competitive landscape
- Exxon Mobil
- List of abbreviation
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Constituents of gasoline pricing
Exhibit 03: Comparison of federal and state motor fuel taxes
Exhibit 04: Region-wise average gasoline prices
Exhibit 05: Gasoline market in the US by sales (millions gpd) and by retail prices ($/gallon) 2015-2020
Exhibit 06: Five forces analysis
Exhibit 07: Gasoline market in US by region 2015
Exhibit 08: Gasoline market in US by region 2020
Exhibit 09: Gasoline market in US 2015-2020
Exhibit 10: Gasoline market in Midwest by sales (millions gpd) and by retail prices ($/gallon) 2015-2020
Exhibit 11: Gasoline market in East Coast by sales (millions gpd) and by retail prices ($/gallon) 2015-2020
Exhibit 12: Gasoline market in West Coast by sales (millions gpd) and by retail prices ($/gallon) 2015-2020
Exhibit 13: Gasoline market in Gulf Coast by sales (millions gpd) and by retail prices ($/gallon) 2015-2020
Exhibit 14: Gasoline market in Rocky Mountain by sales (millions gpd) and by retail prices ($/gallon) 2015-2020
Exhibit 15: Total number of vehicles sold in US 2010-2014 (millions of units)
Exhibit 16: Forecast for vehicle sales in US 2015-2020 (million units)
Exhibit 17: Average gasoline prices 2007-2014 ($/gallons)
Exhibit 18: Federal gasoline regulations
Exhibit 19: Impact of drivers
Exhibit 20: Alternative fueled vehicles in use 2003-2011
Exhibit 21: Gasoline consumption in transportation industry in US 2011-2020 (billion gallons)
Exhibit 22: Impact of drivers and challenges
Exhibit 23: Thousands of vehicles 2000-2013
Exhibit 24: Shell: Business segmentation by revenue 2014
The author of the report recognizes the following companies as the key players in the gasoline market in the US: BP, Chevron, ConocoPhillips, Exxon Mobil, and Shell.
Commenting on the report, an analyst from the research team said: “Labor availability and wage growth will be the key trends for market growth. The labor market has undergone changes over the past few years that have contributed to the rise in gasoline usage. Job Openings and Labor Turnover is a study published by the US Department of Labor's Bureau of Labor Statistics. It throws light regarding the availability of labor by providing data such as the number of people hired and the number of job vacancies available each month. The difference between the number of hires and the number of the job vacancies is a method to measure the strength of the job market.”
According to the report, the various uses of gasoline will be a key driver for market growth. In 2014, Americans consumed about 375 million gallons of gasoline per day. Given that the population of the US was 319 million in 2014, the calculation translated to a gasoline consumption of more than a gallon per day by each person. Gasoline is the major transportation fuel, which predominates in automotive vehicles and rivalled only by diesel. Gasoline is also used as an aviation fuel for propeller aircraft, for household purposes, and also in some recreational and maritime vessels.
Further, the report states that one of the challenges for the market will be the rise in natural gas consumption in transportation sector. The utilization of liquefied natural gas (LNG) and compressed natural gas (CNG) is growing at a fast pace, particularly for MDVs and HDVs. Spurred by the decreasing natural gas prices, these MDVs and HDVs are expected to become the primary consumers of natural gas at the end of the forecast period. MDVs primarily use CNG, while HDVs such as tractor trailers use LNG. The consumption is expected to grow even further because of high mileage with fuel cost savings that will offset the incremental capital cost of these vehicles.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.