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Gasoline Market in the US 2016-2020

About Gasoline

Gasoline (also known as petrol in Europe) is widely used as a fuel in automobiles. Gasoline, in essence, is a complex mixture of hydrocarbon fractions that are obtained from the refining of crude oil. The crude oil is passed through a number of stages to meet a large number of specifications. Additives are often added to upgrade the quality of the gasoline and ensure that the specifications are fulfilled.

Technavio’s analysts forecast the gasoline market in the US market to reach 18,732.8 gpd by 2020.

Covered in this report

The report covers the present scenario and the growth prospects of the gasoline market in the US for 2016-2020. To calculate the market size, the report considers the sales of telecom gasoline in different regions.The market is divided into the following segments based on regions:

  • East Coast
  • Midwest
  • Gulf Coast
  • Rocky Mountain
  • West Coast
Technavio's report, Gasoline Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BP
  • Chevron
  • ConocoPhilips
  • Exxon Mobil
  • Shell
Market driver
  • Uses of gasoline
  • For a full, detailed list, view our report
Market challenge
  • High adoption of alternative vehicles
  • For a full, detailed list, view our report
Market trend
  • Increase in LDVs
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Gasoline Market in the US 2016-2020

Technavio recognizes the following companies as the key players in the gasoline market in the US: BP, Chevron, ConocoPhillips, Exxon Mobil, and Shell.

Commenting on the report, an analyst from Technavio’s team said: “Labor availability and wage growth will be the key trends for market growth. The labor market has undergone changes over the past few years that have contributed to the rise in gasoline usage. Job Openings and Labor Turnover is a study published by the US Department of Labor's Bureau of Labor Statistics. It throws light regarding the availability of labor by providing data such as the number of people hired and the number of job vacancies available each month. The difference between the number of hires and the number of the job vacancies is a method to measure the strength of the job market.”

According to the report, the various uses of gasoline will be a key driver for market growth. In 2014, Americans consumed about 375 million gallons of gasoline per day. Given that the population of the US was 319 million in 2014, the calculation translated to a gasoline consumption of more than a gallon per day by each person. Gasoline is the major transportation fuel, which predominates in automotive vehicles and rivalled only by diesel. Gasoline is also used as an aviation fuel for propeller aircraft, for household purposes, and also in some recreational and maritime vessels.

Further, the report states that one of the challenges for the market will be the rise in natural gas consumption in transportation sector. The utilization of liquefied natural gas (LNG) and compressed natural gas (CNG) is growing at a fast pace, particularly for MDVs and HDVs. Spurred by the decreasing natural gas prices, these MDVs and HDVs are expected to become the primary consumers of natural gas at the end of the forecast period. MDVs primarily use CNG, while HDVs such as tractor trailers use LNG. The consumption is expected to grow even further because of high mileage with fuel cost savings that will offset the incremental capital cost of these vehicles.

Companies Mentioned

BP, Chevron, ConocoPhillips, Exxon Mobil, Shell

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Constituents of gasoline pricing
      • Table Comparison of federal and state motor fuel taxes
      • Table Region-wise average gasoline prices
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Gasoline market in the US by sales (millions gpd) and by retail prices ($/gallon) 2015-2020
    • Five forces analysis
      • Table Five forces analysis
  • Geographical segmentation
    • Gasoline market in US by region 2015
      • Table Gasoline market in US by region 2015
    • Gasoline market in US by region 2020
      • Table Gasoline market in US by region 2020
      • Table Gasoline market in US 2015-2020
    • Gasoline market in Midwest
      • Table Gasoline market in Midwest by sales (millions gpd) and by retail prices ($/gallon) 2015-2020
    • Gasoline market in East Coast
      • Table Gasoline market in East Coast by sales (millions gpd) and by retail prices ($/gallon) 2015-2020
    • Gasoline market in West Coast
      • Table Gasoline market in West Coast by sales (millions gpd) and by retail prices ($/gallon) 2015-2020
    • Gasoline market in Gulf Coast
      • Table Gasoline market in Gulf Coast by sales (millions gpd) and by retail prices ($/gallon) 2015-2020
    • Gasoline market in Rocky Mountain
      • Table Gasoline market in Rocky Mountain by sales (millions gpd) and by retail prices ($/gallon) 2015-2020
  • Market drivers
    • Table Total number of vehicles sold in US 2010-2014 (millions of units)
    • Table Forecast for vehicle sales in US 2015-2020 (million units)
    • Table Average gasoline prices 2007-2014 ($/gallons)
    • Table Federal gasoline regulations
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Alternative fueled vehicles in use 2003-2011
    • Table Gasoline consumption in transportation industry in US 2011-2020 (billion gallons)
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Thousands of vehicles 2000-2013
  • Vendor landscape
    • Competitive landscape
  • Key vendor analysis
    • BP
    • Chevron
    • ConocoPhillips
    • Exxon Mobil
    • Shell
      • Table Shell: Business segmentation by revenue 2014
  • Appendix
    • List of abbreviation
  • Explore Technavio

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