Press release
Gasoline Market Growth Prospects, Future Industry Landscape And Forecast To 2032
Gasoline Market
The Business Research Company's Gasoline Global Market Report 2023 identifies increase in demand for automobiles as the major driver for the Gasoline market's growth in the forecast period. 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
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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Major competitors 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
A key trend in the Gasoline market includes Product innovations. Companies operating in this market are adopting new product innovations to sustain their position in the market
Read More On The Global Gasoline Market Report Here:
https://www.thebusinessresearchcompany.com/report/gasoline-global-market-report
The Gasoline market is segmented -
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.
The Business Research Company's "Global Gasoline Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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
.......
26. Africa Gasoline Market
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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