CompareMarketResearchRequest a sample
Home / Oil and Gas / Fuel Card

Oil and Gas · Market report

Fuel Card Market Size, Share and Forecast 2026-2036

The global fuel card market is worth USD 16.4 bn in 2026 and is forecast to reach USD 29.4 bn by 2036, growing at a 6.0% CAGR. United States is the largest country market and Universal fuel cards is the largest by card type segment.

USD 16.4 bnMarket size 2026
USD 29.4 bnForecast 2036
6.0%CAGR 2026-2036
United StatesLargest country

Request a free sample Jump to the forecast

Report price: Starts from USD 1,999

5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global fuel card market is worth USD 16.4 bn in 2026 and is forecast to reach USD 29.4 bn by 2036, growing at a 6.0% CAGR. United States is the largest country market and Universal fuel cards is the largest by card type segment.

ScopePayment cards used by drivers and fleets to buy fuel and related services at stations, with the fees, discounts and interchange earned by card issuers.
IndustryOil and Gas
Value 2025USD 15.5 bn
Value 2026USD 16.4 bn
Value 2036USD 29.4 bn
CAGR 2026-20366.0%
Volume 202684.4 million cards
Volume 2036144 million cards
Average price 2026USD 195 per card
Report priceStarts from USD 1,999
PublishedNovember 2026

Request a free sample of this report

Fuel Card market size and forecast, 2026-2036

Exhibit 1The global fuel card market is forecast to grow from USD 16.4 bn in 2026 to USD 29.4 bn by 2036, a rise of 79%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 6.0%
Fuel Card market value, 2025 to 2036Market value by year. 2025: USD 15.5 bn; 2026: USD 16.4 bn; 2027: USD 17.4 bn; 2028: USD 18.5 bn; 2029: USD 19.6 bn; 2030: USD 20.7 bn; 2031: USD 22.0 bn; 2032: USD 23.3 bn; 2033: USD 24.7 bn; 2034: USD 26.2 bn; 2035: USD 27.8 bn; 2036: USD 29.4 bn. Compound annual growth rate 2026 to 2036: 6.0%.202516.4 bn202622.0 bn203129.4 bn20366.0% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 16.4 bn
2027USD 17.4 bn
2028USD 18.5 bn
2029USD 19.6 bn
2030USD 20.7 bn
2031USD 22.0 bn
2032USD 23.3 bn
2033USD 24.7 bn
2034USD 26.2 bn
2035USD 27.8 bn
2036USD 29.4 bn

Fuel Card market segmentation

By card type

Exhibit 2Universal fuel cards is the largest segment by card type, with 50.0% of 2026 revenueEstimated share of 2026 global revenue, by card type
Fuel Card market share by card type, 2026Share of 2026 revenue by card type. Universal fuel cards: 50.0%; Branded fuel cards: 34.0%; Merchant-specific cards: 16.0%.Universal fuel cards50.0%Branded fuel cards34.0%Merchant-specific cards16.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Branded fuel cards34.0%31.6%USD 5.6 bn5.2%
Universal fuel cards50.0%53.5%USD 8.2 bn6.7%
Merchant-specific cards16.0%14.9%USD 2.6 bn5.2%

By user

Exhibit 3Small fleets adds the most revenue by user, growing from USD 5.6 bn in 2026 to USD 10.5 bn by 2036Estimated revenue in USD by user, 2026 and 2036 forecast
Fuel Card market by user, 2026 and 2036Revenue by user in 2026 and 2036. Large fleets: USD 6.6 bn in 2026, USD 11.2 bn in 2036, change +71%; Small fleets: USD 5.6 bn in 2026, USD 10.5 bn in 2036, change +88%; Individual and other: USD 2.3 bn in 2026, USD 4.5 bn in 2036, change +97%; Government and public sector: USD 2.0 bn in 2026, USD 3.2 bn in 2036, change +63%.20262036 forecastChangeLarge fleets+71%6.6 bn11.2 bnSmall fleets+88%5.6 bn10.5 bnIndividual and other+97%2.3 bn4.5 bnGovernment and public sector+63%2.0 bn3.2 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Small fleets34.0%35.6%USD 5.6 bn6.5%
Large fleets40.0%38.1%USD 6.6 bn5.5%
Government and public sector12.0%10.9%USD 2.0 bn5.0%
Individual and other14.0%15.4%USD 2.3 bn7.0%

By fee source

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Interchange and merchant fees44.0%42.0%USD 7.2 bn5.5%
Fleet transaction and subscription fees24.0%24.0%USD 3.9 bn6.0%
Discounts, float and interest20.0%20.0%USD 3.3 bn6.0%
Value-added services12.0%14.0%USD 2.0 bn7.7%

By card form

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Physical cards62.0%48.0%USD 10.2 bn3.3%
Mobile and virtual cards22.0%34.0%USD 3.6 bn10.7%
Telematics-linked cards16.0%18.0%USD 2.6 bn7.3%

By fuel purchased

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Diesel54.0%50.0%USD 8.9 bn5.2%
Gasoline34.0%30.0%USD 5.6 bn4.7%
Alternative fuels and charging12.0%20.0%USD 2.0 bn11.6%

Top 25 countries for fuel card by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 80.5% of 2026 revenue and the 25 countries below together hold 94.5%.

Exhibit 4United States is the largest country market at USD 4.9 bn in 2026, and the three largest countries hold 53.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Fuel Card market, ten largest countries in 2026Ten largest countries by 2026 revenue. United States: USD 4.9 bn, 30.0%; China: USD 2.5 bn, 15.0%; Germany: USD 1.3 bn, 8.0%; United Kingdom: USD 986 mn, 6.0%; France: USD 822 mn, 5.0%; Brazil: USD 657 mn, 4.0%; Italy: USD 575 mn, 3.5%; Poland: USD 493 mn, 3.0%; India: USD 493 mn, 3.0%; Spain: USD 493 mn, 3.0%.United States4.9 bn 30.0%China2.5 bn 15.0%Germany1.3 bn 8.0%United Kingdom986 mn 6.0%France822 mn 5.0%Brazil657 mn 4.0%Italy575 mn 3.5%Poland493 mn 3.0%India493 mn 3.0%Spain493 mn 3.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1United StatesUSD 4.9 bn30.0%USD 8.1 bn5.1%
2ChinaUSD 2.5 bn15.0%USD 4.7 bn6.6%
3GermanyUSD 1.3 bn8.0%USD 2.2 bn5.2%
4United KingdomUSD 986 mn6.0%USD 1.6 bn5.1%
5FranceUSD 822 mn5.0%USD 1.4 bn5.1%
6BrazilUSD 657 mn4.0%USD 1.5 bn8.6%
7ItalyUSD 575 mn3.5%USD 1.0 bn5.7%
8PolandUSD 493 mn3.0%USD 1.0 bn7.7%
9IndiaUSD 493 mn3.0%USD 1.3 bn10.1%
10SpainUSD 493 mn3.0%USD 883 mn6.0%
11RussiaUSD 325 mn2.0%USD 556 mn5.5%
12CanadaUSD 286 mn1.7%USD 488 mn5.5%
13MexicoUSD 251 mn1.5%USD 538 mn7.9%
14JapanUSD 222 mn1.4%USD 380 mn5.5%
15AustraliaUSD 194 mn1.2%USD 332 mn5.5%
16NetherlandsUSD 171 mn1.0%USD 294 mn5.6%
17TurkeyUSD 151 mn0.9%USD 324 mn7.9%
18BelgiumUSD 133 mn0.8%USD 227 mn5.5%
19RomaniaUSD 117 mn0.7%USD 250 mn7.9%
20Czech RepublicUSD 104 mn0.6%USD 177 mn5.5%
21AustriaUSD 90 mn0.6%USD 156 mn5.6%
22SwedenUSD 79 mn0.5%USD 135 mn5.5%
23SwitzerlandUSD 71 mn0.4%USD 121 mn5.5%
24PortugalUSD 61 mn0.4%USD 106 mn5.7%
25HungaryUSD 54 mn0.3%USD 94 mn5.7%
Rest of worldUSD 895 mn5.5%USD 1.6 bn5.9%
Exhibit 5United States and China account for 42% of the USD 13.0 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Fuel Card market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 16.4 bn. United States: +USD 3.2 bn; China: +USD 2.2 bn; Germany: +USD 863 mn; Brazil: +USD 843 mn; India: +USD 802 mn; 20 other countries: +USD 4.4 bn; Rest of world: +USD 693 mn. Market value 2036: USD 29.4 bn.Market value 202616.4 bnUnited States+3.2 bnChina+2.2 bnGermany+863 mnBrazil+843 mnIndia+802 mn20 other countries+4.4 bnRest of world+693 mnMarket value 203629.4 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • Corpay
  • WEX
  • Edenred
  • DKV Mobility
  • TotalEnergies
  • Shell

Group 2: Regional and specialist players

  • Radius Payment Solutions
  • U.S. Bank Voyager
  • BP
  • Fuelcard Services
  • Allstar Business Solutions
  • Keyfuels

Group 3: Emerging and niche players

  • Mudflap
  • Eurowag
  • Epyx

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the fuel card market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 6.0% is calculated from the resulting values.

The market is divided by card type, by user, by fee source, by card form, by fuel purchased. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the fuel card market?

The global fuel card market is estimated at USD 15.5 bn in 2025 and USD 16.4 bn in 2026.

How fast will the fuel card market grow?

It is forecast to reach USD 29.4 bn by 2036, a compound annual growth rate of 6.0% from 2026, an increase of USD 13.0 bn.

Which country is the largest market for fuel card?

United States is the largest market by revenue at USD 4.9 bn in 2026, 30.0% of the global total. The three largest countries together hold 53.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 10.1% a year from 2026 to 2036.

Which fuel card segment is largest?

In the by card type split, Universal fuel cards is the largest segment with 50.0% of 2026 revenue.

Who are the leading fuel card companies?

Global leaders include Corpay, WEX, Edenred, DKV Mobility.

Need the full report?

Request a sample to see the structure, tables and country detail.

Request a free sample

Related markets in Oil and Gas

← Frac Sand Fuel Distribution →

All Oil and Gas markets →

Request a sample