Fuel Dealers in the US
The Fuel Dealers industry is composed of operators that supply gasoline, diesel, coal and other heating and vehicular fuels to households and businesses. The 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. During harsh winters, households and businesses will purchase more heating oil and propane, driving demand for industry products and consequently increasing industry revenue. The industry has experienced mixed results over the past five years. The five years to 2018 exhibited marked volatility in oil and natural gas prices. Over the five years to 2023, industry revenue is expected to gradually recover, largely due to an expected increase 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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook