Market Size of United Arab Emirates Fuel Station Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Volume (2024) | 2.01 Million barrels per day |
Market Volume (2029) | 2.25 Million barrels per day |
CAGR (2024 - 2029) | 2.21 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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UAE Fuel Station Market Analysis
The United Arab Emirates Fuel Station Market size is estimated at 2.01 Million barrels per day in 2024, and is expected to reach 2.25 Million barrels per day by 2029, growing at a CAGR of 2.21% during the forecast period (2024-2029).
- Over the medium term, the growing demand for fuel stations, increasing adoption of the compact fuel station concept, and expansion of existing fuel station infrastructure are expected to drive the market during the forecast period.
- On the other hand, increasing demand for electric vehicles in the country, fluctuating fuel prices, and stringent regulations implemented by fuel station industries are expected to restrain the UAE fuel station market.
- Nevertheless, upcoming investments in the downstream oil and gas market by domestic and foreign players may create several opportunities for the market in the coming years.