Infinium Global Research has added a new report on Transportation Fuel Market. The
report presents analysis of global as well as regional markets of
transportation fuel market over the period of 2016 to 2024. Transportation fuel
is the energy source derived from the synthetic fuels, petroleum, and biomass that
provides the power for various means of transport. The transportation accounts
for the major consumption of energy in terms of fuel. The majority of
transportation fuels are derived from petroleum that includes Gasoline/Petrol,
Diesel, LPG (Liquefied Petroleum Gas), Marine fuel and Jet fuel. Biofuels and
the Synthetic fuels are also used as a transportation fuel in that the ethanol
and biodiesel are the biofuels and the fuel made from the different feedstock,
converting biomass to liquid, coal to liquid, or gas to liquid are used as
transportation fuel. The factors such as increased disposable income, growing
sales of passenger cars, and rapidly growing industrialization drive the growth
of the transportation fuel market worldwide. The growing infrastructure
development and industrialization lead to the high demand for transportation
fuel for the commercial vehicles. The rising demand for low emissions
transportation fuels such as bioethanol, Biodiesel, natural gas, and
electricity are anticipated to boost the growth of transportation fuel.
However, the 80% of transportation fuels are made up of
petroleum that emits harmful chemicals when it burns. The transportation fuel
emission is one of the major factors for the air pollution. Environment-related
issues of burning transportation fuel are hampering the growth of the
transportation fuel market. Moreover, the adoption of bio-based, clean and
eco-friendly fuels are used to provide the power to various means of transport
that is expected to create several opportunities for the transportation fuel
market in the upcoming years. Geographically, the Asia Pacific region is the
dominating as well as the fastest growing region in the transportation fuel
market. The increasing population, consumer’s expenditure in the automotive
sectors, the demand for fuel for the commercial vehicles are some of the major
factors driving the growth of transportation fuel in the Asia Pacific region. Moreover,
the growth matrix presented by Infinium Global Research identifies the key
investment markets in the near future, this will not only help the companies to
understand the competitive position in the global transportation fuel market
but also make strategic decisions to capture the most lucrative markets in the
near future. The market size is presented in terms of value for the historic
year 2016 and estimated for forecast period of 2018-2024.
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The recent report identified that Asia Pacific
dominated the global transportation fuel market over the last couple of years,
while emerging markets of Asia-Pacific and Latin America are anticipated to
contribute significantly to the growth in the transportation fuel market
worldwide.
The report segments the global transportation fuel
market on the basis of Types.
Global Transportation Fuel Market by Types
·
Gasoline
·
Jet Fuel
·
Fuel Oil
·
CNG
·
Diesel
·
Others
Companies Profiled in the Report
·
Chevron Corporation
·
Essar Oil Ltd.
·
ExxonMobil Corporation
·
BP p.l.c.
·
PetroChina Company Limited
·
Royal Dutch Shell Plc
·
Sinopec Limited
·
Saudi Arabian Oil Co.
·
Total S.A.
·
Phillips 66
About Infinium Global Research
Infinium Global Research is a business intelligence
company that provides its clients with market information services, solutions,
and reports. The intelligence reports include qualitative as well as
quantitative information, which are blended using forecasting models in order
to project future market demand. Our panels of Subject Matter Experts (SMEs),
Analysts, and Consultants use numerous data gathering tools in order to provide
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