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Fuel Dealers in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Fuel Dealers Market Research Report | NAICS 45431 | Aug 2014

Fueling up: Fluctuating prices and changing business models will keep growth subdued

IBISWorld’s Fuel Dealers market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$49bn
Annual Growth 09-14
4.6%
Annual Growth 14-19
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Profit
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Employment
79,430
Businesses
8,271
Industry Analysis & Industry Trends

Industry performance tends to fluctuate widely, in line with crude oil prices and competitors' offerings. Fuel dealers can pass on product price increases or decreases to customers, which causes industry revenue react accordingly. Consequently, as the world price of crude oil dropped during the recession, so did industry revenue. The price of crude oil is expected to continue to decrease, hurting industry operators. However, an improving overall economy will boost revenue and lead to modest industry growth... purchase to read more

Industry Report - Starting a New Business Chapter

The Fuel Dealers industry has moderate barriers to entry. Firms that attempt to enter the industry must gain access to cost-effective and reliable sources of heating oil and propane for distribution. They also need to attract a customer base, most commonly from existing dealerships. High industry competition limits access to customers.

New firms lack economies of scale because they have few customers when first entering the industry. If customers are geographically distant, transportation costs may be prohibitive due to high per-unit expenses. Because the industry's products are generic, operators differentiate themselves through service and efficiency. New firms can find it difficult to gain a good reputation for service and efficiency in a short period of time... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Fuel Dealers Industry?

This industry sells heating oil, propane and other fuels directly to end users. Companies also deliver heating oil, propane and other fuels, such as autogas and kerosene, to domestic and commercial premises.

Industry Products
PropaneHeating oilOther fuelsDieselServices
 
Industry Activities
Selling heating oil to end usersSelling liquefied petroleum gas to end usersSelling other fuels to end usersSelling heating oil, propane and other fuels to businesses


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