Industry Background:
B2B fuel cards are a type of payment card that allows businesses to manage expenses associated with the vehicles that they own and operate. These cards are a popular choice for easy fleet management, simplified expenses and a cost-effective way to refuel. It makes the purchasing of fuel much easier. Moreover, it gives extra control and security, where we can restrict purchases to fuel only, or open it up to other forecourt services. Furthermore, B2B fuel cards are used by transportation employees for fuel as well as vehicle repairs and maintenance.
The Global B2B Fuel Cards market presents a comprehensive analysis of the B2B Fuel Cards market by product type (Special Fuel Card and Credit Card), by end-user/application (Cars, Taxis, Buses, Goods Vehicles and Other), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. The key Manufacturers profiled in the report are Allstar (United Kingdom), Total (France), ExxonMobil (United States), Caltex (Australia), Puma Energy (Singapore), SPC (Singapore), OiLibya (Libya), China Petrochemical Corp (China), Shell (Netherlands) and BP (United Kingdom). Additionally, other players that are part of this comprehensive study are ChevronTexaco (United States), PetroChina (China) and Engen Petroleum (South Africa).
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Allstar (United Kingdom), Total (France), ExxonMobil (United States), Caltex (Australia), Puma Energy (Singapore), SPC (Singapore), OiLibya (Libya), China Petrochemical Corp (China), Shell (Netherlands) and BP (United Kingdom) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Value added services offered by B2B fuel cards
Market Growth Drivers:
Increasing demand for cashless fuel transactions worldwide and Availability of a large number of value added services related to fuel cards
Challenges:
Lack of consistency and presence of technical problems caused by changing oil and fuel prices
Restraints:
Changing legal framework and rising customers’ expectations
Opportunities:
Growing competition in the market due to new entrants contributing to the growth of the market
Regional Breakdown and Segment Analysis
This section of our report presents a realistic picture of the Global B2B Fuel Cards industry. Investors and manufacturers can easily understand the inherent opportunities and challenges for their products in the geographical region of interest. For instance, while the Europe holds majority of market share of the B2B Fuel Cards, the Asia Pacific has emerged as a crucial market for several B2B Fuel Cards brands.
The Forms, such as Branded Fuel Cards, is boosting the B2B Fuel Cards market and is anticipated to experience a steady growth during the forecast period.
The regional segmentation covered in this report are:
South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)