Chemicals, Fuels & Wood Products

Gasoline: Market Size, Growth & Forecast to 2030

The Gasoline market is valued at about $2850 billion (2026) and is projected to grow at a 2.3% CAGR through 2030. The largest cost driver is Crude Oil Feedstock (65% of spend). North America leads demand at 35%.

Market size
$2,850 bn (2026)
CAGR to 2030
+2.3%
Buyer power
Favours buyers
Tracked suppliers
120
Projected market growth (index, 2026 = 100)
Base year 2026
Official data · Claight projectionForecast
Market size index, 2026 = 100, at the 2.3% CAGR.
Forecast
2026
2027
2028
2029
2030
2031
2026 base: 1002031 est: 112

Cost structure

Crude Oil Feedstock
65%
Refining Margin and Processing Costs
15%
Logistics and Distribution
10%
Biofuel Blending and Additives
5%
Environmental Compliance and Carbon Costs
5%

Regional demand split

North America demand
35%
Asia Pacific demand
32%
Europe demand
15%
Latin America demand
10%
Rest of world demand
8%

Key suppliers

SinopecChina National Petroleum Corporation (CNPC / PetroChina)ExxonMobil CorporationSaudi AramcoValero Energy CorporationMarathon Petroleum CorporationRosneftIndianOil Corporation
Read the full Gasoline report →

Claight market analysis of proprietary and public data. Full report: /category-intelligence/gasoline