China Filling Station and Gas Station Market Key Players, Demands and Future Trends

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China Filling Station and Gas Station Market 2018-2025 report provides In-depth analysis, Key players, demands of Filling Station and Gas Station in china, industry size and forecasts 2025.

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It is in recent years that ownership of motor vehicle, particularly automobiles has been soaring in pace with the development of national economy and the improvement of people’s living standards in China. At the end of 2018, ownership of motor vehicle in China registered 327 million units including 240 million automobiles, and accordingly there were up to 110,000 filling stations and at least 9,000 gas stations across the country respectively.

In Chinese Filling Station Market, state-owned enterprises, private firms and foreign companies coexist, among which state-owned enterprises represented by CNPC, Sinopec and CNOOC held a combined market share of approximately 52% in 2018, followed by private firms 45% share and foreign companies less than 3% share.

In June 2018, the Special Management Measures (Negative List) for Foreign Investment Access (2018) was issued, which officially abolished the restriction that foreign filling station in possession of over 30 chains should have shares be controlled by Chinese side. As a result, foreign companies like Shell and BP stated clear expansion plans in China in future. Elaborately, Shell is aggressive to operate an addition of 2,200 filling stations in China prior to 2025; BP expressed to add 1,000 filling stations in China over the next five years; Exxon Mobil and Total will follow suit and make their forays into the Chinese retailing market rapidly. In addition, private firms such as Shandong Dongming Petrochemical Group as well as state-owned enterprises like Sinochem Oil has expressed to either newly increase a great number of filling stations or develop the franchised ones successively. It is expected that in 2025 there will be a total addition of nearly 30,000 filling stations over the figure in 2018.

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As its refined oil retailing market is fully opened up, China’s reform of filling station will usher in a new stage. With the prevalence of the “filling station + convenience store + charging station/pile” model, related companies actively collaborate on promotional pilots of charging/battery-swap services in filling stations. Examples include cooperation between CNPC and FAW, Sinopec and BAIC BJEV, and CNOOC and Potevio/State Grid. In the upcoming years, China’s filling stations will run at a “filling station + internet + N” model, becoming a service platform integrated with people, car and life.

In China, gas stations have a smaller scale than filling stations mainly because the country starts late in natural gas vehicle whose ownership is still less than 10 million units currently. Yet such clean eco-friendly vehicles are advocated by multiple policies. For instance, the Opinions on Accelerating the Use of Natural Gas which was issued in 2017, suggests expediting the development of natural gas vehicles and vessels; the Notice of Preferential Vehicle and Vessel Tax Policies for Energy-saving and New-energy Vehicles and Vessels which was launched in July 2018, specifies that natural gas vehicles should be listed as energy-saving vehicles where vehicle and vessel taxes are reduced by half. It is predicted that gas stations will mushroom in China in the near future along with the promotion and application of natural gas vehicles, numbering roughly 20,000 in 2025.

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China Filling Station and Gas Station Industry Report, 2018-2025 highlights the following:
• China filling station industry (policies, market size, competitive pattern, chain operation and development trends);
• China refined oil market (supply and demand, import and export, price and development trends);
• China motor vehicle/automobile market (ownership, structure, and number of supporting filling stations);
• Global and China natural gas vehicle industry (policy environment, market size, gas station ownership and distribution, competitive pattern, development trends, etc.);
• Major Global and Chinese operators (Shell, BP, ExxonMobil, Total, Sinopec, CNPC, CNOOC, Sinochem Oil and Dongming Petrochemical) (operation, production and sales of oil and gas, number of filling/gas stations and distribution, non-oil business, development strategy, etc.).

Table of Contents:
1. Overview of Filling Station Industry
2. China Refined Oil and Filling Station Market
3. China Motor Vehicle and Filling Station Market
4. Global and Chinese Gas Station Market
5. Global Key Filling Station Enterprises Abroad
6. Key Chinese Filling Station Enterprises
7. Summary and Forecast

Contact Info:
Name: Vishal Kalra
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Organization: ReportsnReports
Website: https://www.reportsnreports.com/reports/1948809-china-filling-station-and-gas-station-industry-report-2018-2025.html

Release ID: 483763

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