bp p.l.c., OMV Aktiengesellschaft, and Exxon Mobil Corporation are Dominating the Europe Fuel Cards Market for Commercial Fleet in the year 2022

Europe Fuel Cards Market for Commercial Fleet is expected to grow with the CAGR of 6.3% in the forecast period of 2022 to 2029. The years considered for study are as mentioned below.

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Europe fuel cards market for commercial fleet is a highly fragmented market, which includes number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Europe fuel cards market for commercial fleet are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

  • In October 2021, bp p.l.c. had launched its new mobility station in Mumbai. The company partnered with Reliance Industries Limited had launched Jio-bp branded mobility stations. This will help company to increase its customer portfolio and strengthen the market holdings

bp p.l.c. is the dominating player in the market and other players in the market are Exxon Mobil Corporation, Shell, UK Fuels Limited, W.A.G. paymentsolutions, a.s., DKV EURO SERVICE GmbH+Co. KG, WEX Europe Services, UTA (an Edenred company), OMV Aktiengesellschaft, MORGAN FUELS, TotalEnergies, and Valero Marketing and Supply Company among others.

Europe Fuel Cards Market for Commercial Fleetbp p.l.c.

The company was founded in 1907 and it’s headquarter is located in U.K. The company is engaged in fuel specialization, aviation supply and technical, operational, risk management, sustainable and engineering solution. Their business segments includes upstream, downstream, rosneft and other business & corporate. Their product categories includes bp gas/petrol stations, fuel cards and credit cards, lubricants, aral, ampm and others.

  • In October 2021, bp p.l.c. had collaborated with Piaggio Group to focus on two and three wheeled electric vehicles. This collaboration will help the company to integrated new services such as EV charging, battery swap services and stations and vehicle leasing. This helped to diversify the product portfolio and company enters into new market segment

The company offers services in all over America, Asia-Pacific, Europe, and Middle East and Africa.

OMV Aktiengesellschaft

The company was founded in 1956 and its head quarter is located in Austria. The company is engaged in production marketing of oil, gas, chemical product and process solutions. Their business segments includes upstream and downstream. Their products categories includes filling stations, OMV card, fuels & addictives, special products and gas marketing & trading.

  • In March 2021, OMV Aktiengesellschaft had made an investment decision for building a new plant at Schwechat Refinery to produce second-generation biofuels from 2023. This new plant will help the company to produce new product which will diversify the product portfolio and also increase the company’s production capacity

The company has presence in all over Europe.

Exxon Mobil Corporation

The company was established in 1999 with its headquarter in U.S. The company is engaged in affordable and sustainable energy solutions to reduce emissions for short-term. Their business segments includes chemical, downstream and upstream. Their product categories as well as includes climate solutions and energy & innovation.

  • In November 2021, Exxon Mobil Corporation had signed an agreement with an energy company, Pertamina from Indonesia. This agreement had helped the company to get the access new technologies for carbon capture, utilization and storage and also help in strengthening the evaluation of projects and commercialize low-emission technologies.

The company is present all over Asia-Pacific, North America, South America, and Middle East and Africa, and Europe.