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Top Five Gasoline Vendors for 2016 to 2020

By CSD Staff | August 3, 2016

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Technavio has revealed five gasoline vendors that are expected to lead the market through 2o2o.

In the company’s recent gasoline market in the U.S. until 2020 report, Technavio has ranked the top five gasoline vendors in the country, based on revenue and market dominance in terms of experience, geographical presence, product portfolio, financials and R&D.

In the U.S., gasoline is not sold directly by the refiners, but through resellers. Around 80% of the fuel sold in the U.S. is through convenience stores. As the convenience stores range from standalone stores to multi-store chain, Technavio did not consider them in the vendor landscape. The report considered only the refiners who have presence in the U.S. gasoline market.

The gasoline market in the U.S. is highly fragmented, with the presence of many large global vendors. The market is highly competitive with players competing to gain more market share. Intense competition and the rapidly changing market dynamics are the key factors for the competition among vendors. With rising competition, the market is witnessing consolidation.

“The competitive environment in this market is expected to intensify during the forecast period with steady demand and lack of innovation in gasoline production technology. It could also result in mergers and acquisitions. International players are expected to grow inorganically during the forecast period by acquiring regional or local players,” said Sayani Roy, a lead analyst at Technavio for research on oil and gas.

Top five gasoline market vendors in the U.S.:

  1. BPBP Logo

BP is a major player in the gasoline market in the U.S. The company offers gasoline through the following sectors such as:

Retail
The company supplies fuel and related services to American customers through independent jobbers and dealer wholesalers. As of fiscal year 2014, the company had 7,100 BP and ARCO-branded retail sites across the U.S.

Refining
BP’s downstream operations are involved in the refining, transportation, selling and trading of crude oil and petroleum products. It currently operates refineries in Cherry Point, Wash.; Toledo, Ohio; and Whiting, Ind. The installations have a total capacity of processing over 725,000 barrels of crude oil. It also produces a broad range of fuels, petrochemical and lubricants to cater to the highway, rail transportation, residential, commercial and institutional heating and power generation.

Chevron1

  1. Chevron

Founded in 1879, Chevron stands headquartered in San Ramon, Calif. The company is involved in the exploration, production, refining and transportation of crude oil and natural gas. It markets and sells transportation fuels and lubricants; manufactures and sells petrochemical products, generates power and produces geothermal energy; and develops energy resources such as biofuels for the future.

Chevron offers three premium brands: Chevron, Texaco and Caltex, which hold the top positions in their markets. The three brands Chevron, Texaco and Caltex fuels contain the Techron additive that cleans the engine, delivers lower emissions and offers better performance. Chevron offers Techron Concentrate Plus, which provides high-performance gasoline fuel system. The fuel formulated with advanced polyether amine (PEA) technology offers complete fuel system treatment in gasoline passenger cars, light trucks and vans.

  1. ConocoPhillips

ConocoPhillips was incorporated in 2001 and is headquartered in Texas, U.S. The company is involved in the exploration, production, and distribution of crude oil, natural gas, and natural gas liquids. It explores, produces, and markets crude oil, natural gas, LNG, natural gas liquids and bitumen.

The company is one of the major players in the refinery and gasoline market in the U.S. It owns and licenses various gasoline brands that are sold in approximately 11,700 stations in the U.S. It also owns 1,700 outlets in the Mid-Atlantic and Northeastern areas of the U.S. The rest of the gas outlet of the company are owned and operated by independent dealers and marketers.

  1. Exxon MobilExxonMobil

Exxon Mobil was founded in 1999 and is headquartered in Texas, U.S. The company is involved in the operation of petroleum and petrochemical business that includes exploration, refining and roduction of oil and gas, coal and minerals and electric power generation as well.

The downstream portfolio of the company comprises of refining facilities in 17 countries. This segment is one of the largest manufacturers of lube base stocks and petroleum products and finished lubricants. It has a strong global refining and distribution network worldwide.

  1. Shell

Shell was incorporated in 1922 and is headquartered in Texas, U.S. The company produces and refines petroleum, chemicals, fuels and lubricants. The company’s business segment is divided into three categories such as Upstream, Downstream and Corporate.

Shell offers commercial fuel that is one the leading marketer of unbranded gasoline, diesel and heating oil. Shell provides Shell V-Power NiTRO+ Premium Gasoline, which offers protection against gunk and corrosion and enhanced protection against wear.

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  • Home
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    • Health & Beauty
    • Independent Operators
    • Operations & Marketing
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  • CStore Playbooks
    • CBD Playbook
    • Foodservice Playbook
    • Technology Playbook
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  • Products
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