$732.3bn
$XX.Xbn
72,200
2,084
$X.Xbn
Companies in the Gasoline and Petroleum Bulk Stations industry manage bulk storage tanks and terminals for crude oil and petroleum products including gasoline, diesel fuel, fuel oil and liquid petroleum gases (LPGs). These bulk stations are often located near major refineries, ports and industrial centers to quickly and efficiently receive product and unload it to customers, playing an important role in the crude oil and petroleum products supply chain. Operators can be as large as a multitank facility with the capacity to store millions of gallons of product or as small as a single-tank outpost that supplies gasoline to only a handful of retail gas stations.
Industry revenue has grown at a CAGR of 1.5 % over the past five years, to reach an estimated $732.3bn in 2024.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Valero Energy Corp | 33,558.5 | -2.1 | 0.0 | |
Marathon Petroleum Corporation | 33,522.9 | 1,665.0 | 5.0 | |
Exxon Mobil Corporation | 26,481.7 | 2,186.0 | 8.3 |
To view the market share and analysis for all 6 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Motor gasoline, Distillate fuel oil and Fuel Ethanol. Motor gasoline is the largest segment of the Gasoline & Petroleum Bulk Stations in the US.
Motor gasoline is consistently the largest product segment
Companies in this industry operate bulk crude oil, gasoline and other petroleum products storage facilities for the resale of these products to smaller petroleum distributors, gasoline stations, petroleum refiners and other downstream markets.
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NAICS 42471 - Gasoline & Petroleum Bulk Stations in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
High oil prices have led to high industry revenue. Purchase costs are passed along to customers as higher revenue.
Learn about an industry's products and services, markets and trends in international trade.
The pandemic disrupted sales of key petroleum products. Jet fuel and motor gasoline plummeted during the height of the pandemic but swiftly recovered as travel resumed.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Bulk stations locate near upstream refineries. Texas holds the overwhelming majority of oil and gas fields, from which oil is extracted, and oil refineries, where oil is refi...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Skilled employees are a competitive advantage for bulk storage operators. The pool of employees with sufficient skills to safely blend fuels is limited.
Learn about the performance of the top companies in the industry.
The industry has several large players. Most also operate in other parts of the gas and petroleum supply chain.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The Gasoline and Petroleum Bulk Stations industry is highly regulated. These regulations include those concerning product quality, environmental impact and industry standardi...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Bulk storage operators use long-term contracts with suppliers to mitigate the impact of volatile crude oil prices on their profit margins. Profit has fallen over the past fiv...
Including values and annual change:
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Key data sources in the US include:
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The market size of the Gasoline & Petroleum Bulk Stations in the US industry in United States is $732.3bn in 2024.
There are 2,084 businesses in the Gasoline & Petroleum Bulk Stations in the US industry in United States, which has declined at a CAGR of 0.8 % between 2019 and 2024.
The market size of the Gasoline & Petroleum Bulk Stations in the US industry in United States has been growing at a CAGR of 1.5 % between 2019 and 2024.
Over the next five years, the Gasoline & Petroleum Bulk Stations in the US industry in United States is expected to decline.
The biggest companies operating in the Gasoline & Petroleum Bulk Stations market in United States are Valero Energy Corp, Marathon Petroleum Corporation and Exxon Mobil Corporation
Sale of crude petroleum, oil and Sale of liquefied petroleum gas are part of the Gasoline & Petroleum Bulk Stations in the US industry.
The company holding the most market share in United States is Valero Energy Corp.
The level of competition is high and steady in the Gasoline & Petroleum Bulk Stations in the US industry in United States.