Fuel Dealers in the US
A large majority of Fuel Dealers 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. Revenue grew steadily in 2013 and 2014 as the particularly severe winter in early 2014 led to substantially greater fuel sales. 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 expected to gradually recover over the five years to 2023, largely due to an expected annualized increase of 4.4% in the world price of crude oil. Demand for industry products will remain inflexible since all buildings that are fitted with propane and heating oil systems demand industry products relative to their heating needs.
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.
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