Press release
Global Gasoline Market 2023 : SWOT Analysis Of Key Driving Factors For Growing CAGR Value | Exxon Mobil Corporation, Shell plc, Chevron Corporation., PBF Energy Inc., Reliance Industries Limited
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Gasoline Market Size, Growth Rate, And Forecast
The global gasoline market size is expected to grow from $125.94 billion in 2022 to $128.21 billion in 2023 at a compound annual growth rate (CAGR) of 1.80%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global gasoline market size is expected to reach $136.81 billion in 2027 at a CAGR of 1.64%.
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Gasoline Market Drivers
The increase in demand for automobiles is expected to propel the growth of the gasoline market going forward. Gasoline is the most commonly utilized fuel in most automobiles, particularly in areas where electric or alternative fuel vehicles are not widely recognized. With the increasing demand for automobiles, there will be a corresponding increase in demand for gasoline to fuel those vehicles, leading to growth in the gasoline market.
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Gasoline Market Segments
1) By Type: Regular Gasoline, Special Gasoline
2) By Application: Transporation, Small Aircrafts, Electricity Generators, Recreational Vehicles, Other Applications
3) By End-User: Transporation, Power Generation, Other End-Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Gasoline market.
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Gasoline Market Key Players
Major players in the gasoline market are Exxon Mobil Corporation, Shell plc, Chevron Corporation., PBF Energy Inc., Reliance Industries Limited, PetroChina Company Limited, Saudi Arabian Oil Co., China National Petroleum Corporation, BP plc, Marathon Petroleum Corporation, Valero Energy Corporation, Petróleos de Venezuela SA, Motiva Enterprises LLC, Kuwait Petroleum Corporation (KPC), and Emirates National Oil Company Group.
The Business Research Company's "Global Gasoline Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Gasoline Market Include:
1. Executive Summary
2. Gasoline Market Characteristics
3. Gasoline Market Trends And Strategies
4. Gasoline Market - Macro Economic Scenario
5. Gasoline Market Size And Growth
……
27. Gasoline Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Gasoline Market
29. Gasoline Market Future Outlook and Potential Analysis
30. Appendix
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