In 2030, the value of the road transportation fuel market in Europe is forecast to dip to 16 billion U.S. dollars, down five billion dollars from 21 billion U.S. dollars in 2019. Overall, the fuel market size is expected to dip from 88 billion U.S. dollars to 79 U.S. dollars, propelled by the rise in popularity of electric vehicles.
Global road transportation for fuel value pool by region in 2019 and 2030, based on EBITDA equivalent
(in billion U.S. dollars)
2030 projections are based on the McKinsey Muted Virus Recovery Scenario. Data includes both the B2C (passenger vehicles and 2/3 wheelers) and B2B (passenger=-vehicle fleets, light commercial vehicles, buses, and trucks) markets.
EBITDA refers to earnings before interest, taxes, depreciation, and amortization.
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McKinsey & Company. (April 1, 2021). Global road transportation for fuel value pool by region in 2019 and 2030, based on EBITDA equivalent (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1300588/global-road-transportation-for-fuel-value-pool-by-region/
McKinsey & Company. "Global road transportation for fuel value pool by region in 2019 and 2030, based on EBITDA equivalent (in billion U.S. dollars)." Chart. April 1, 2021. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1300588/global-road-transportation-for-fuel-value-pool-by-region/
McKinsey & Company. (2021). Global road transportation for fuel value pool by region in 2019 and 2030, based on EBITDA equivalent (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1300588/global-road-transportation-for-fuel-value-pool-by-region/
McKinsey & Company. "Global Road Transportation for Fuel Value Pool by Region in 2019 and 2030, Based on Ebitda Equivalent (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Apr 2021, https://www.statista.com/statistics/1300588/global-road-transportation-for-fuel-value-pool-by-region/
McKinsey & Company, Global road transportation for fuel value pool by region in 2019 and 2030, based on EBITDA equivalent (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1300588/global-road-transportation-for-fuel-value-pool-by-region/ (last visited November 22, 2024)
Global road transportation for fuel value pool by region in 2019 and 2030, based on EBITDA equivalent (in billion U.S. dollars) [Graph], McKinsey & Company, April 1, 2021. [Online]. Available: https://www.statista.com/statistics/1300588/global-road-transportation-for-fuel-value-pool-by-region/
