Global Transportation Fuels Market to Reach $787.4 Billion by 2030
The global market for Transportation Fuels estimated at US$644.3 Billion in the year 2022, is projected to reach a revised size of US$787.4 Billion by 2030, growing at a CAGR of 2.5% over the analysis period 2022-2030. Gasoline, one of the segments analyzed in the report, is projected to record 2.4% CAGR and reach US$498.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Diesel segment is readjusted to a revised 2.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $171.6 Billion, While China is Forecast to Grow at 4.5% CAGR
The Transportation Fuels market in the U.S. is estimated at US$171.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$164.5 Billion by the year 2030 trailing a CAGR of 4.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.5% and 1.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR.Select Competitors (Total 48 Featured) -
- BP PLC
- Chevron Corporation
- China Petroleum & Chemical Corporation (SINOPEC)
- Exxon Mobil Corporation
- Nayara Energy Limited
- Petrobras
- PetroChina Co., Ltd.
- Phillips 66 Company
- Royal Dutch Shell PLC
- Saudi Arabian Oil Co.
- SINOPEC Group
- Total SA
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Transportation Fuels - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Recent Past, Current & Future Analysis for Transportation Fuels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 2: World Historic Review for Transportation Fuels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 3: World 16-Year Perspective for Transportation Fuels by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
- Table 4: World Recent Past, Current & Future Analysis for Gasoline by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 5: World Historic Review for Gasoline by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 6: World 16-Year Perspective for Gasoline by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 7: World Recent Past, Current & Future Analysis for Diesel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 8: World Historic Review for Diesel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 9: World 16-Year Perspective for Diesel by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 10: World Recent Past, Current & Future Analysis for Aviation Turbine Fuel (ATF) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 11: World Historic Review for Aviation Turbine Fuel (ATF) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 12: World 16-Year Perspective for Aviation Turbine Fuel (ATF) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 13: World Recent Past, Current & Future Analysis for Natural Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 14: World Historic Review for Natural Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 15: World 16-Year Perspective for Natural Gas by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 16: World Recent Past, Current & Future Analysis for Other Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 17: World Historic Review for Other Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 18: World 16-Year Perspective for Other Segments by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 19: World Transportation Fuels Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
- UNITED STATES
- Transportation Fuels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Table 20: USA Recent Past, Current & Future Analysis for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 21: USA Historic Review for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 22: USA 16-Year Perspective for Transportation Fuels by Segment - Percentage Breakdown of Value Sales for Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments for the Years 2014, 2023 & 2030
- CANADA
- Table 23: Canada Recent Past, Current & Future Analysis for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 24: Canada Historic Review for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 25: Canada 16-Year Perspective for Transportation Fuels by Segment - Percentage Breakdown of Value Sales for Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments for the Years 2014, 2023 & 2030
- JAPAN
- Transportation Fuels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 26: Japan Recent Past, Current & Future Analysis for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 27: Japan Historic Review for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 28: Japan 16-Year Perspective for Transportation Fuels by Segment - Percentage Breakdown of Value Sales for Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments for the Years 2014, 2023 & 2030
- CHINA
- Transportation Fuels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Table 29: China Recent Past, Current & Future Analysis for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 30: China Historic Review for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 31: China 16-Year Perspective for Transportation Fuels by Segment - Percentage Breakdown of Value Sales for Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments for the Years 2014, 2023 & 2030
- EUROPE
- Transportation Fuels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Table 32: Europe Recent Past, Current & Future Analysis for Transportation Fuels by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 33: Europe Historic Review for Transportation Fuels by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 34: Europe 16-Year Perspective for Transportation Fuels by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2023 & 2030
- Table 35: Europe Recent Past, Current & Future Analysis for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 36: Europe Historic Review for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 37: Europe 16-Year Perspective for Transportation Fuels by Segment - Percentage Breakdown of Value Sales for Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments for the Years 2014, 2023 & 2030
- FRANCE
- Transportation Fuels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 38: France Recent Past, Current & Future Analysis for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 39: France Historic Review for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 40: France 16-Year Perspective for Transportation Fuels by Segment - Percentage Breakdown of Value Sales for Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments for the Years 2014, 2023 & 2030
- GERMANY
- Transportation Fuels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 41: Germany Recent Past, Current & Future Analysis for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 42: Germany Historic Review for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 43: Germany 16-Year Perspective for Transportation Fuels by Segment - Percentage Breakdown of Value Sales for Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments for the Years 2014, 2023 & 2030
- ITALY
- Table 44: Italy Recent Past, Current & Future Analysis for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 45: Italy Historic Review for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 46: Italy 16-Year Perspective for Transportation Fuels by Segment - Percentage Breakdown of Value Sales for Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments for the Years 2014, 2023 & 2030
- UNITED KINGDOM
- Transportation Fuels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 47: UK Recent Past, Current & Future Analysis for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 48: UK Historic Review for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 49: UK 16-Year Perspective for Transportation Fuels by Segment - Percentage Breakdown of Value Sales for Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments for the Years 2014, 2023 & 2030
- SPAIN
- Table 50: Spain Recent Past, Current & Future Analysis for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 51: Spain Historic Review for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 52: Spain 16-Year Perspective for Transportation Fuels by Segment - Percentage Breakdown of Value Sales for Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments for the Years 2014, 2023 & 2030
- RUSSIA
- Table 53: Russia Recent Past, Current & Future Analysis for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 54: Russia Historic Review for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 55: Russia 16-Year Perspective for Transportation Fuels by Segment - Percentage Breakdown of Value Sales for Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments for the Years 2014, 2023 & 2030
- REST OF EUROPE
- Table 56: Rest of Europe Recent Past, Current & Future Analysis for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 57: Rest of Europe Historic Review for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 58: Rest of Europe 16-Year Perspective for Transportation Fuels by Segment - Percentage Breakdown of Value Sales for Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments for the Years 2014, 2023 & 2030
- ASIA-PACIFIC
- Transportation Fuels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Table 59: Asia-Pacific Recent Past, Current & Future Analysis for Transportation Fuels by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 60: Asia-Pacific Historic Review for Transportation Fuels by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 61: Asia-Pacific 16-Year Perspective for Transportation Fuels by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2023 & 2030
- Table 62: Asia-Pacific Recent Past, Current & Future Analysis for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 63: Asia-Pacific Historic Review for Transportation Fuels by Segment - Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 64: Asia-Pacific 16-Year Perspective for Transportation Fuels by Segment - Percentage Breakdown of Value Sales for Gasoline, Diesel, Aviation Turbine Fuel (ATF), Natural Gas and Other Segments for the Years 2014, 2023 & 2030
- AUSTRALIA
- Transportation Fuels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
- INDIA
- Transportation Fuels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
- SOUTH KOREA
- REST OF ASIA-PACIFIC
- LATIN AMERICA
- Transportation Fuels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
- ARGENTINA
- BRAZIL
- MEXICO
- REST OF LATIN AMERICA
- MIDDLE EAST
- Transportation Fuels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
- IRAN
- ISRAEL
- SAUDI ARABIA
- UNITED ARAB EMIRATES
- REST OF MIDDLE EAST
- AFRICA
- Transportation Fuels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BP PLC
- Chevron Corporation
- China Petroleum & Chemical Corporation (SINOPEC)
- Exxon Mobil Corporation
- Nayara Energy Limited
- Petrobras
- PetroChina Co., Ltd.
- Phillips 66 Company
- Royal Dutch Shell PLC
- Saudi Arabian Oil Co.
- SINOPEC Group
- Total SA
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 247 |
| Published | April 2024 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 644.3 Billion |
| Forecasted Market Value ( USD | $ 787.4 Billion |
| Compound Annual Growth Rate | 2.5% |
| Regions Covered | Global |
