A large majority of industry revenue is derived from heating oil and propane sales for household heating purposes. Revenue generated from these sales fluctuates wildly every year, typically in line with changes in weather conditions and fossil fuel prices. However, the industry is fighting to maintain its customer base as more buildings are refitted with less-expensive natural gas heating units, increasing external competition. Nevertheless, industry revenue is projected to decline at over the five years to 2022.
This industry sells heating oil, propane and other fuels directly to end users. Related companies also deliver heating oil, propane and other fuels, such as autogas and kerosene, to domestic and commercial premises.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.