South Korea Gasoline Market Report by Type (Regular Gasoline, Special Gasoline), Application (Motorcycle, Automobile, and Others), and Region 2024-2032

South Korea Gasoline Market Report by Type (Regular Gasoline, Special Gasoline), Application (Motorcycle, Automobile, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A20373
Buy Now

Market Overview:

South Korea gasoline market size is projected to exhibit a growth rate (CAGR) of 1.70% during 2024-2032. The rising sales of passenger and commercial vehicles, continuous advancements in engine technology and fuel efficiency, and increasing construction of residential and commercial buildings, highways, and roads represent some of the key factors driving the market.

Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Growth Rate (2024-2032) 1.70%


Gasoline is a pale yellow or colorless liquid fuel derived from crude oil through a refining process. It mainly comprises hydrocarbons, including alkanes, cycloalkanes, and some additives like detergents and anti-knock agents. It has a relatively low density, making it convenient for transportation and storage. It has a moderate volatility, allowing for easy vaporization and ignition within the engine. It offers high energy content, making it an efficient fuel for internal combustion engines. It powers a wide range of vehicles, ranging from cars and motorcycles to small engines like lawnmowers. It has a longer shelf life and is widely used to fuel cars, trucks, motorcycles, and boats. It is also utilized in small engines, such as generators, chainsaws, and lawnmowers. It fuels recreational vehicles like jet skis, snowmobiles, and all-terrain vehicles (ATVs). Besides this, as it provides backup power during outages, the demand for gasoline is increasing in South Korea.

South Korea Gasoline Market Trends:

Robust economic growth and increasing sales of passenger and commercial vehicles in South Korea represent one of the primary factors driving the demand for gasoline. Additionally, the rising trend of cleaner transportation options is offering a favorable market outlook. Along with this, the expanding refining capacity for gasoline production in South Korea is strengthening the growth of the market. Apart from this, continuous advancements in engine technology and fuel efficiency are increasing the use of gasoline-powered vehicles among individuals. Moreover, the governing authorities of South Korea are introducing various policies and initiatives to promote the use of cleaner and more efficient fuels, including gasoline. These policies include tax incentives for eco-friendly vehicles and stricter emissions standards. Such measures encourage the adoption of gasoline-powered vehicles that meet environmental requirements, further driving the market. Furthermore, increasing construction of residential and commercial buildings, highways, and roads are driving the demand for gasoline. In addition, the rising environmental consciousness among the masses and rising sales of hybrid and eco-friendly gasoline-electric vehicles are driving innovation in the gasoline sector. The rising trend of ride-sharing services and autonomous cars is also offering a favorable market outlook. In line with this, continuous investments in infrastructure for alternative fuels, including liquefied natural gas (LNG) and hydrogen, are creating a positive outlook for the market. Besides this, several companies are constantly working to improve the quality of their gasoline products, reduce emissions, and enhance fuel efficiency. Furthermore, the increasing reliance on gasoline-powered transportation for sightseeing and travel within the country is bolstering the market growth.

South Korea Gasoline Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on type and application.

Type Insights:

  • Regular Gasoline
  • Special Gasoline
     

The report has provided a detailed breakup and analysis of the market based on the type. This includes regular gasoline and special gasoline.

Application Insights:

  • Motorcycle
  • Automobile
  • Others
     

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes motorcycle, automobile, and others.

Regional Insights:

  • Seoul Capital Area
  • Yeongnam (Southeastern Region)
  • Honam (Southwestern Region)
  • Hoseo (Central Region)
  • Others
     

The report has also provided a comprehensive analysis of all the major regional markets, which include Seoul Capital Area, Yeongnam (Southeastern Region), Honam (Southwestern Region), Hoseo (Central Region), and Others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

South Korea Gasoline Market Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Scope of the Report Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
  • Type
  • Application
  • Region
Types Covered Regular Gasoline, Special Gasoline
Applications Covered Motorcycle, Automobile, Others
Regions Covered Seoul Capital Area, Yeongnam (Southeastern Region), Honam (Southwestern Region), Hoseo (Central Region), Others
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

  • How has the South Korea gasoline market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the South Korea gasoline market?
  • What is the breakup of the South Korea gasoline market on the basis of type?
  • What is the breakup of the South Korea gasoline market on the basis of application?
  • What are the various stages in the value chain of the South Korea gasoline market? 
  • What are the key driving factors and challenges in the South Korea gasoline?
  • What is the structure of the South Korea gasoline market and who are the key players?
  • What is the degree of competition in the South Korea gasoline market? 

Key Benefits for Stakeholders:

  • IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the South Korea gasoline market from 2018-2032.
  • The research report provides the latest information on the market drivers, challenges, and opportunities in the South Korea gasoline market.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the South Korea gasoline industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
South Korea Gasoline Market Report by Type (Regular Gasoline, Special Gasoline), Application (Motorcycle, Automobile, and Others), and Region 2024-2032
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More