Top Companies in Ground Transportation Fuel Market | Industry Top Key Players Comprehensive Report by Vantage market research
Transportation fuels are energy sources used to power various modes of transportation, and they include petroleum, biomass, and synthetic fuels.
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Upcoming Trends in Ground Transportation Fuel Market
The Global Ground Transportation Fuel Market is valued at USD 730.1 Billion in the year 2021 and is projected to reach a value of USD 827 Billion by the year 2028. The Global Transportation Fuel Market is forecasted to grow to exhibit a Compound Annual Growth Rate (CAGR) of 2.1% over the forecast period.
The increasing infiltration of connected vehicles and smartphones is escalating the implementation of on-demand transportation services like car rental, car sharing, e-hailing, and station-based mobility. With these, the users are able to modify, pre-book, or call off their taxi reservations through mobile apps like Gett and Uber. Furthermore, developments in IT infrastructure and the rising use of car-sharing services by the young generation are projected to propel the growth of the global on-demand transportation market during the forecast period. In addition, rising prices of fuel and increasing traffic are also expected to drive the Ground Transportation Fuel Market growth.
Some of the key players operating in the Ground Transportation Fuel Market are listed below:
|
Company Name |
Revenue in USD |
|
$242 Billion |
|
$42 Billion |
|
$41 Billion |
|
$208 Billion |
|
$155 Billion |
|
$161 Billion |
|
$220 Billion |
|
$1 Billion |
Exxon Mobil Corporation, stylized as ExxonMobil, is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil and was formed on November 30, 1999, by the merger of Exxon and Mobil.
Hindustan Petroleum Corporation Limited is a subsidiary of Oil and Natural Gas Corporation which is under the ownership of the Ministry of Petroleum and Natural Gas of the Government of India with its headquarters in Mumbai, Maharashtra.
Bharat Petroleum Corporation Limited is an Indian government-owned oil and gas explorer and producer. It is under the ownership of the Ministry of Petroleum and Natural Gas, Government of India, headquartered in Mumbai, Maharashtra. It operates two large refineries in Kochi and Mumbai.
BP PLC is a British oil and gas company headquartered in London, England. It is one of the world's seven oil and gas "supermajors".
Chevron Corporation is an American multinational energy corporation. One of the successor companies of Standard Oil, it is headquartered in San Ramon, California, and active in more than 180 countries.
Total Energies SE is a French multinational integrated oil and gas company founded in 1924 and one of the seven "supermajor" oil companies.
Shell PLC is a British publicly traded multinational oil and gas company headquartered at Shell Centre in London, United Kingdom. Shell is a public limited company with a primary listing on the London Stock Exchange and secondary listings on Euronext Amsterdam and the New York Stock Exchange.
Petroleum Nasional Berhad, commonly known as Petronas, is a Malaysian oil and gas company. Established in 1974 and wholly owned by the Government of Malaysia, the corporation is vested with all oil and gas resources in Malaysia and is entrusted with the responsibility of developing and adding value to these resources.
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Vantage Market Research Report comes up with a detailed analysis of each major player in the industry. The Study provides Global market size & share, Emerging trends.
