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Gasoline increased 0.22 USD/GAL or 10.89% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on March of 2025.
Gasoline As A Fuel Market Size 2025-2029
The gasoline as a fuel market size is forecast to increase by USD 131.6 billion, at a CAGR of 1.4% between 2024 and 2029.
The market is experiencing significant growth due to the increasing number of automobiles, including light-duty trucks, on the road. Additionally, the use of gasoline in portable generators for various applications further boosts market demand. However, volatility in global crude oil prices poses a challenge to market growth. In the upstream oil and gas sector, data management and analytics play a crucial role in optimizing production and logistics. Visualization tools are essential for understanding complex data and making informed decisions. Furthermore, the transportation sector's focus on fuel efficiency continues to drive innovation in automotive purge valves and other automotive technologies to reduce fuel consumption. Despite these trends, market growth may be impacted by external factors, such as geopolitical instability and supply chain disruptions. Overall, the market is expected to continue its growth trajectory, with key factors including increasing demand, technological advancements, and the ongoing optimization of supply chain logistics.
What will be the Size of the Gasoline As A Fuel Market During the Forecast Period?
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The market encompasses the production, distribution, and consumption of gasoline as a primary transportation fuel. With the widespread adoption of automobiles, passenger cars, and motorcycles, gasoline remains a significant contributor to the global transportation energy requirements. However, the market faces increasing competition from alternative energy sources, such as electric vehicles and clean energy solutions. Gasoline availability remains a critical factor in the market's dynamics, with demand influenced by factors like carbon emissions regulations, consumer preferences, and the price of gasoline and related taxes. Secondary fuels, including ethanol, are increasingly used as additives to enhance fuel efficiency and reduce carbon emissions. The oil market significantly influences the gasoline fuel market due to the close relationship between crude oil and gasoline production.
The rise in automobile production and the increasing popularity of high-speed cars, motorcycles, and other internal combustion engine (ICE) vehicles continue to drive demand for gasoline. However, the market faces challenges from the growing adoption of clean energy sources, such as natural energy, solar, and wind power. Additionally, the increasing popularity of electric vehicles, diesel fuel, aviation fuel, and other alternative fuels for transportation, such as propeller airplanes and marine vessels, may further impact the market's size and direction. Gasoline prices and taxes also influence market dynamics, with fluctuations in these factors affecting consumer behavior and demand. The market's future direction will depend on various factors, including technological advancements, regulatory policies, and consumer preferences.
How is this Gasoline As A Fuel Industry segmented and which is the largest segment?
The gasoline as a fuel industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Application
Passenger vehicles
Commercial vehicles
Small engines
Marine engines
Distribution Channel
Fuel stations
Direct supply to fleets
Online fuel delivery services
Geography
North America
Canada
US
Europe
Germany
UK
France
APAC
China
India
Japan
South America
Brazil
Middle East and Africa
By Application Insights
The passenger vehicles segment is estimated to witness significant growth during the forecast period.
The market is primarily driven by the extensive utilization and widespread adoption of passenger vehicles, which rely on gasoline as their primary fuel source. This segment includes sedans, hatchbacks, SUVs, and crossovers, all of which benefit from the availability of gasoline infrastructure and consumer preferences. The segment's prominence is further bolstered by technological advancements in internal combustion engines, enhancing performance and efficiency. Gasoline's established supply chain and distribution networks ensure consistent availability, supporting the sustained operation of passenger vehicles. Moreover, the market encompasses other sectors such as motorcycles, construction, and transportation, where gasoline serves as a primary or secondary fuel.
Alternative energy sources, including electric vehicles and clean energy, are gaining traction, but gasoline's versatility and accessibility make it a significant contributor to the energy requirements of p
Diesel and gasoil are the most in-demand oil products worldwide. In 2023, diesel and gasoil demand reached 29 million barrels per day. This was closely followed by gasoline.By 2040, gasoline demand is forecast to climb to nearly 30 million barrels per day compared with 32.2 millio barrels for diesel and gasoil. The use of petroleum products in daily life Crude oil serves as a feedstock for a great variety of industrial products. While transportation fuels such as gasoline and diesel are the most common examples used when referring to petroleum products, synthetic materials such as plastic packaging and many pharmaceutical drugs are also oil- and natural gas-based. In 2022, the global market value of petrochemicals stood at an estimated 584.5 billion U.S. dollars and was forecast to grow to over one trillion U.S. dollars by 2030. In a world where convenience often trumps the more environmentally friendly choice, petroleum products, particularly of the non-heavy variety, are expected to continue being in high demand. Oil demand shaped by economic activity As oil use is so widespread, changes in oil demand are usually an indication of developments in the wider economy, in particular changes to GDP growth as was the case in 2020. In the last two years, global liquid fuels consumption generally increased alongside economic activity and is expected to reach 104.7 million barrels per day by mid-2025.
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Stocks of gasoline in the United States decreased by1446 thousand barrels in the week ending March 21 of 2025. This dataset provides the latest reported value for - United States Gasoline Stocks Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Forecast: Gasoline Sales in the US 2024 - 2028 Discover more data with ReportLinker!
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Have timely access to reliable Gasoline price assessments in Spain:
Each assessment includes Gasoline price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.
Gasoline price assessments for Spain and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.
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Natural gas increased 0.21 USD/MMBtu or 5.84% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on March of 2025.
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Forecast: Gasoline Production in China 2023 - 2027 Discover more data with ReportLinker!
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Forecast: Gasoline Exports in China 2024 - 2028 Discover more data with ReportLinker!
This statistic shows the price of natural gas in the United States from 1980 to 2015, and provides projections until the year 2025. In 2017, U.S. natural gas is expected to cost approximately 2.74 real 2010 U.S. dollars per million British thermal units.
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Gasoline Prices in Slovenia decreased to 1.49 USD/Liter in February from 1.52 USD/Liter in January of 2025. This dataset provides the latest reported value for - Slovenia Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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The Gasoline Market size was valued at USD 1.41 Trillion in 2023 and is projected to reach USD 1.87 Trillion by 2032, exhibiting a CAGR of 4.1 % during the forecast period. Gasoline, a liquid fuel derived primarily from crude oil refining, serves as a vital energy source for internal combustion engines. Its key features include high energy density and easy vaporization, enabling efficient combustion in spark-ignition engines found in cars, motorcycles, and small aircraft. Gasoline's composition typically includes hydrocarbons like octane and additives for engine performance and emissions control. Widely used in transportation, gasoline powers millions of vehicles globally, offering mobility and flexibility. Its applications extend beyond personal transportation to include machinery, generators, and some industrial processes, underlining its critical role in modern energy infrastructure. The market is driven by the increasing demand for gasoline in emerging economies, rising vehicle ownership and economic growth. Additionally, advancements in automotive technology, such as the development of more fuel-efficient engines and hybrid vehicles, are shaping consumption patterns. Key drivers for this market are: Growing Focus on Safety and Organization to Fuel Market Growth. Potential restraints include: Complex Planning and Delay in Authorization Procedures Can Hamper the Market Growth . Notable trends are: Solar Energy to Play a Significant Role in Achieving Green Energy Targets .
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Gasoline Prices in the United States increased to 0.82 USD/Liter in February from 0.81 USD/Liter in January of 2025. This dataset provides the latest reported value for - United States Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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DE: Gasoline Price: Without Taxes: LPG Motor Fuel data was reported at 584.430 EUR/1000 l in 10 Mar 2025. This stayed constant from the previous number of 584.430 EUR/1000 l for 03 Mar 2025. DE: Gasoline Price: Without Taxes: LPG Motor Fuel data is updated weekly, averaging 430.050 EUR/1000 l from Jan 2005 (Median) to 10 Mar 2025, with 1005 observations. The data reached an all-time high of 893.070 EUR/1000 l in 09 May 2022 and a record low of 313.480 EUR/1000 l in 17 Oct 2016. DE: Gasoline Price: Without Taxes: LPG Motor Fuel data remains active status in CEIC and is reported by European Commission's Directorate-General for Energy. The data is categorized under Global Database’s Germany – Table DE.DG ENER: Gasoline Price.
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In 2021, the Puerto Rican gas supply meter market increased by 14% to $X for the first time since 2016, thus ending a four-year declining trend. Overall, consumption continues to indicate a resilient increase. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.
The annual average Henry Hub price declined to 2.2 U.S. dollars per million British thermal unit in 2024. According to a forecast released in February 2025, Henry Hub natural gas prices will more than double by 2026 amid greater demand forecast.
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Have timely access to reliable Gasoline price assessments in Colombia:
Each assessment includes Gasoline price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.
Gasoline price assessments for Colombia and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.
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The fuel oil prices in the USA reached 1047 USD/MT in December 2023. In December 2023, the priced of fuel oil in China settled at 758 USD/MT. In Germany, the fuel oil price reached 1237 USD/MT by the end of December 2023.
Product
| Category | Region | Price |
---|---|---|---|
Fuel Oil | Others | USA | 1047 USD/MT |
Fuel Oil | Others | China | 758 USD/MT |
Fuel Oil | Others | Germany | 1237 USD/MT |
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Forecast: Gasoline Tourism Output in the US 2024 - 2028 Discover more data with ReportLinker!
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Forecast: Gasoline Imports in China 2024 - 2028 Discover more data with ReportLinker!
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Gasoline increased 0.22 USD/GAL or 10.89% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on March of 2025.