The
report defines and segments the transportation fuel market, providing
analysis and forecasts of the global consumption. According to the
report, the global transportation fuel market stood at 2,332.57 MTOE
in 2013 and is likely to reach 2,698.36 MTOE by 2022, expanding at a
CAGR of 1.62% between 2014 and 2022.
Browse
Transportation Fuel Market Report with Full TOC at
http://www.transparencymarketresearch.com/transportation-fuel-market.html
The
global transportation fuel market has been segmented on the basis of
fuel type into gasoline, diesel, aviation turbine fuel, and others.
More than 90% of the global transportation fuel demand is fulfilled
using fuel derived from crude oil distillation, namely gasoline,
diesel, aviation turbine fuel, and bunker fuel. Increasing greenhouse
gas (GHG) emissions from vehicles powered by crude oil-based fuels
and depleting oil reserves have compelled governments of different
countries to switch to eco-friendly and bio-based fuels. Many
countries are focusing on infrastructure development to provide fuel
for natural gas vehicles and raise the overall production of
bio-based fuels. Demand for eco-friendly fuels from the
transportation sector is anticipated to rise during the forecast
period. Gasoline dominated the global transportation fuel market in
2013. Gasoline accounted for more than 40% of the global
transportation fuel market in 2013. However, improving fuel economy
of vehicles is expected to hamper the demand for gasoline during the
forecast period. Government policies that mandate the blending of
ethanol with gasoline further reduces the consumption of gasoline.
Diesel held the second-largest share of the global transportation
fuel market in 2013.
The
global market for transportation fuel has been segmented into North
America, Asia Pacific, Europe, and RoW. North America accounted for
more than 30% of the global market share in 2013. It was the largest
regional segment in terms of volume in the same year. However, Asia
Pacific is anticipated to dominate the global transportation fuel
market by 2022. Rapid development, growing population, and increasing
industrialization are fueling the demand for transportation fuel in
the region.
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Some
of the leading companies in the global transportation fuel market
include Royal Dutch Shell plc, BP p.l.c., ExxonMobil Corporation,
Chevron Corporation, and Saudi Arabian Oil Co. The report provides an
overview of these companies, followed by their financial revenues (on
availability), business strategies, and recent developments.
The
transportation fuel market has been segmented as follows:
Global
Transportation Fuel Market: Type Analysis
- Gasoline
- Diesel
- Aviation Turbine Fuel (ATF)
- Others
Global
Transportation Fuel Market: Regional Analysis
North
America
- U.S.
- Canada
Europe
- Germany
- Italy
- France
- U.K.
- Rest of Europe
Asia
Pacific
- China
- India
- Japan
- Rest of Asia Pacific
Rest
of the World (RoW)
- Brazil
- South Africa
- Rest of Latin America
Browse
Press Release Of Transportation Fuel Market
http://www.transparencymarketresearch.com/pressrelease/transportation-fuel-market.htm
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