Eastern Canada road transportation fuel market size is expected to reach US$ 50,160.30 million by 2031 from US$ 40,909.03 million in 2024. The market is estimated to register a CAGR of 3.14% during 2025–2031. Ontario currently holds the largest market share due to its high volume of passenger and freight transportation.

Several factors are shaping this market. Increased trade activities, driven by e-commerce, logistics, manufacturing, and construction, are boosting demand for freight transportation and consequently, diesel fuel. Passenger vehicle sales, particularly of gasoline-powered vehicles, also continue to contribute significantly to market volume, with new registrations showing growth in Ontario, Quebec, and the Maritimes. Key players like Suncor, Parkland, and Irving Oil dominate the supply landscape, operating refineries and extensive distribution networks across the region.

However, the market is not without its complexities. Rising tensions in the Middle East and scheduled maintenance at oil sands plants can create price volatility. Provincial and federal taxes, transportation costs to remote areas, and local competition among retailers also contribute to regional price variations. Furthermore, the increasing focus on environmental sustainability and the Canadian government's Clean Fuel Regulations are driving a gradual shift towards alternative fuels like biofuels and natural gas, although gasoline and diesel remain dominant in the short to medium term.

Looking ahead, the Eastern Canada Road Transportation Fuel Market will likely see a gradual transition towards cleaner energy sources in line with Canada's net-zero emissions targets. While gasoline and diesel will remain significant for the foreseeable future, the market will need to adapt to increasing adoption of electric vehicles and the greater availability of low-carbon fuels. Investments in charging infrastructure and the development of sustainable fuel supply chains will be crucial in navigating this evolving landscape. The interplay between economic growth, technological advancements, and environmental policies will ultimately shape the future of road transportation fuel in Eastern Canada.

Author's Bio:

Nilesh Shinde

Senior Market Research expert at The Insight Partners