According to a new market report published by Credence Research „Global Transportation Fuels Market – Growth, Future Prospects, Competitive Analysis, and Forecast 2016 – 2023,“ the Global Transportation Fuels Market is expected to reach US $ 719.1 Bn by 2023, expanding at a CAGR of 3.7% during the forecast period 2016 to 2023.
Browse the full Global Transportation Fuels Market for by Fuel Type, and Geography – Growth, Future Prospects, Competitive Analysis, and Forecast 2016 – 2023 report at http://www.credenceresearch.com/report/transportation-fuels-market
Market Insights
Transportation fuels are widely used in vehicles to generate energy. Crude oil is used to prepare for the transportation of fuels as gasoline, diesel, and aviation turbine fuel. Transportation fuels include gasoline, diesel, biofuels, aviation turbine fuel, etc. Global transportation industry is growing at a rapid pace with increasing international trade along with increasing transportation services for transportation fuels across the globe.
Transportation Fuels market is expected to gain momentum across the globe. Moreover, increasing the growth of transportation fuel across the globe. Rapid growth in the number of automobiles on roads due to growth in per capita income and easy financing options is expected to fuel the demand for transportation over the forecast period (2016-2023). However, stringent government policies on the emission of greenhouse gases with various government initiatives to promote alternative energy sources such as solar,
Competitive Insights:
Global transportation fuels market is segmented on the basis of fuel type and geography. By fuel type, gasoline segment is projected to be the most dominant segment with over 1.2 billion vehicles on the road using gasoline as a fuel for energy source worldwide. However, various government policies such as blending of gasoline with gasoline are expected to be consumed over the forecast period (2016-2023). The segment of the forecast for the future is the second half of the year period (2016-2023).
The key players in the market are focusing on increasing their market penetration through mergers and acquisitions of small players. Leading players in the transportation fuel market are thus investing in technology to optimize their process and reduce their cost.
Overall, global transportation fuels market is projected to register moderate growth over the forecast period (2016-2023).
Key Trends:
- Merger & Acquisition
- Investment in research and development
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Table of Content
- Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted - Executive Summary
2.1. Global Transportation Fuels Market Snapshot
2.1.1. Global Transportation Fuels Market by Fuel Type, 2016
2.1.2. Global Transportation Fuels Market by Geography, 2016
2.1.3. Market Drivers, Challenges and Trends - Market Dynamics
3.1. Market Overview
3.2. Value Chain Analysis
3.3. Drivers
3.4. Challenges
3.5. Future Prospects
3.6. Impact Analysis of Drivers and Challenges
3.7. Porter’s Five Force Analysis
3.7.1. Bargaining Power Of Suppliers
3.7.2. Bargaining Power Of Buyers
3.7.3. Threat Of Substitutes
3.7.4. Threat Of New Entrants
3.7.5. Industry Rivalry
3.8. Global Transportation Fuels Market Overview - Global Transportation Fuels Market Size (Mn BOE) (US$ Mn) , By Fuel Type, 2013 – 2023
4.1. Overview
4.1.1. Market Share Analysis by Fuel Type, 2015 vs. 2023
4.1.2. Attractive Investment Proportion by Fuel Type
4.2. Gasoline
4.3. Diesel
4.4. Aviation turbine fuel (ATF)
4.5. Natural Gas
4.6. Others (Propane, Ethanol, Biofuels, Electricity)
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