The Gasoline and Petroleum Wholesaling industry has grown strongly in the five years to 2014, though this growth is mostly attributed to recovered losses since the recession. The global recession and consequent declines in sales volume, along with heavily reduced prices, hurt revenue over that period. In the coming years, petroleum product prices are projected to increase as the global economy gains steam and demand for fuel expands worldwide. Hybrid vehicles and technology could potentially constrain growth in the industry, but this trend is anticipated to be marginal in the next five years.
The US Gasoline and Petroleum Wholesaling industry distributes most of the same products as the Gasoline and Petroleum Bulk Stations industry (IBISWorld report 42471) but on a smaller scale. Operators in this industry purchase petroleum products directly from bulk stations and sell them to retailers, including gas stations, car parts retailers, warehouses, superstores and supermarkets, manufacturers and natural gas retail distributors.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.