Canada Gasoline Fuel Market

Canada Gasoline Fuel Market Insights Forecasts to 2035

• The market for Gasoline Fuel was estimated to be worth USD 45.42 Billion in 2024.
• The market is going to expand at a CAGR of 1.13 % between 2025 and 2035.
• The Canada Gasoline Fuel market is anticipated to reach USD 51.42 Billion by 2035.

According to a research report published by Decision Advisor & Consulting, the Canada gasoline fuel market is anticipated to Hold USD 51.42 Billion by 2035, growing at a CAGR of 1.13 % from 2025 to 2035. Canada’s gasoline fuel market offers opportunities driven by rising vehicle ownership, expanding transportation needs, and increasing demand for cleaner, blended fuels. Growth in biofuel integration and upgrades in refining infrastructure further support long-term market expansion.

Market Overview

The Canada gasoline fuel market is shaped by steady demand from passenger vehicles, commercial fleets, and regional transportation networks. Despite the gradual rise of electric vehicles, gasoline remains a primary fuel choice due to Canada’s vast geography, established refueling infrastructure, and strong preference for SUVs and light trucks. Refiners are increasingly focusing on cleaner gasoline formulations, including higher ethanol blends, to align with national emission-reduction objectives. Market growth is also supported by ongoing upgrades in refining efficiency, supply chain optimization, and improved fuel distribution across remote regions. Additionally, provincial clean fuel standards are encouraging suppliers to adopt low-carbon technologies, helping the market transition toward more sustainable fuel options while maintaining consistent supply for consumers.

Report Coverage

This research report categorizes the market for the Canada gasoline fuel market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Canada gasoline fuel market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Canada gasoline fuel market.

Driving Factors

Key driving factors for the Canada gasoline fuel market include strong reliance on passenger vehicles, particularly SUVs and light trucks, which continue to dominate new vehicle sales. Expanding transportation activity across provinces, coupled with consistent demand from commercial and personal mobility, further supports market growth. Advancements in refinery operations and increased adoption of ethanol-blended gasoline are also contributing to cleaner fuel availability. Additionally, government initiatives promoting low-carbon intensity fuels and infrastructure upgrades enhance overall fuel efficiency and strengthen supply reliability nationwide.

Restraining Factors

Canada’s gasoline fuel market faces restraints from rising EV adoption, stricter emission regulations, and increasing consumer interest in low-carbon mobility, gradually reducing long-term gasoline dependence and pressuring traditional fuel suppliers.

Market Segmentation

The Canada gasoline fuel market share is classified into type and end use.

• The regular gasoline segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Canada gasoline fuel market is segmented by type into regular gasoline, mid-grade gasoline, premium gasoline, and ethanol-blended gasoline. Among these, the regular gasoline segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Driven by its widespread use in passenger vehicles and cost-effective pricing. It remains the most commonly purchased fuel type nationwide.

• The passenger vehicles segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period

The Canada gasoline fuel market is segmented by end use into passenger vehicles, commercial vehicles, heavy-duty vehicles, and off-road use. Among these, the passenger vehicles segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This segment is also expected to grow at a notable CAGR during the forecast period, driven by ongoing urban commuting needs, increasing vehicle registrations, and continued reliance on gasoline-powered mobility despite the gradual rise of electric vehicles.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Canada gasoline fuel market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• 7-Eleven Canada
• Canadian Tire Corporation
• Cenovus Energy Inc.
• Costco Wholesale Canada
• Husky Energy
• Imperial Oil Limited
• Irving Oil Ltd.
• Parkland Corporation
• Shell Canada Limited
• Suncor Energy Inc.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In April 2025, Parkland Corporation announced enhancements to gasoline blending and distribution operations at its Burnaby Refinery in British Columbia to support increased availability of ethanol-blended gasoline across Western Canada. The upgrade expands E10 and E15 blending capacity, strengthens bioethanol storage infrastructure, and improves logistics for supplying retail fueling stations.

Market Segment

This study forecasts revenue at Canada, regional, and country levels from 2020 to 2035. Decision Advisor has segmented the Canada gasoline fuel market based on the following segments:

Canada Gasoline Fuel Market, By Type

• Regular Gasoline
• Mid-Grade Gasoline
• Premium Gasoline
• Ethanol-Blended Gasoline

Canada Gasoline Fuel Market, By End Use

• Passenger Vehicles
• Commercial Vehicles
• Heavy-Duty Vehicles
• Off-Road Use

FAQ’s

Q: What is the Canada gasoline fuel market size?

A: Canada gasoline fuel market size is expected to grow from USD 45.42 Billion in 2024 to USD 51.42 Billion by 2035, growing at a CAGR of 1.13 % during the forecast period 2025-2035. 

Q: What are the key growth drivers of the market?

A: Key driving factors for the Canada gasoline fuel market include strong reliance on passenger vehicles, particularly SUVs and light trucks, which continue to dominate new vehicle sales.

Q: What factors restrain the Canada gasoline fuel market?

A: Canada’s gasoline fuel market faces restraints from rising EV adoption, stricter emission regulations, and increasing consumer interest in low-carbon mobility, gradually reducing long-term gasoline dependence and pressuring traditional fuel suppliers.

Q: How is the market segmented by type?

A: The market is segmented into regular gasoline, mid-grade gasoline, premium gasoline, and ethanol-blended gasoline.

Q: Who are the key players in the Canada gasoline fuel market?

A: Key companies include 7-Eleven Canada, Canadian Tire Corporation, Cenovus Energy Inc., Costco Wholesale Canada, Husky Energy, Imperial Oil Limited, Irving Oil Ltd., Parkland Corporation, Shell Canada Limited, and Suncor Energy Inc.

Q: Who are the target audiences for this market report?

A: The report targets market players, investors, end-users, government authorities, consulting and research firms, venture capitalists, and value-added resellers (VARs)