Infrastructure for the oil and gas industry consists of pipelines, drilling platforms, refineries, terminals, processing plants, and storage facilities, most of which are massive and expensive industrial complexes located throughout the world. This infrastructure is important as it facilitates long-distance transportation of oil & gas from place to other.
MARKET SCOPE
The "Global Oil & Gas Infrastructure Market Analysis 2028" is a specialized and in-depth study of the consumer goods industry with a particular focus on global market trend analysis. The report aims to provide an overview of the Oil & Gas Infrastructure Market with detailed market segmentation into by type, by location, by application, and by region. The Oil & Gas Infrastructure Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Oil & Gas Infrastructure Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Oil & Gas Infrastructure Market has been segmented into by type, by operation, and by location. By type the market has been bifurcated into crude oil pipeline and gas pipeline. By location the market has been bifurcated into onshore and offshore. By operation the market has been bifurcated into transmission and gathering.
MARKET DYNAMICS
Growth Factors
- Rapid discoveries of shale gas reserves
- Upgradation of existing infrastructure
- Rapid growth in developing economies
Restraints
- High initial cost
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely; North America, Europe, Asia- Pacific (APAC), Middle East and Africa (MEA), and South America. The Oil & Gas Infrastructure Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Oil & Gas Infrastructure Market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive best analysis for all five regions, namely; North America, Europe APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Oil & Gas Infrastructure Market in these regions.
Impact of Covid 19 on Oil & Gas Infrastructure Market
The Oil & Gas Market was impacted significantly due to the Covid 19 pandemic. As there was a rise in the number of cases several governments and regulatory authorities imposed strict regulations and mass lockdowns. There was a significant decrease in the demand for gas due to travel restrictions imposed which also affected the Oil & Gas Infrastructure Market. Due to the economic slowdown pipeline projects in many developing countries were put on hold as well. Since 2021, there has been a rise in the number of onshore and offshore activities which has helped the Oil & Gas Market.
MARKET PLAYERS
The report covers vital developments in the Oil & Gas Infrastructure Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships and collaborations. These activities have paved the way for the expansion of businesses and the customer base of market players. The market players from the Oil & Gas Infrastructure Market are anticipated to have lucrative growth opportunities in the future with the rising demand for Oil & Gas Infrastructure Market. Below mentioned is the list of a few companies engaged in the Oil & Gas Infrastructure Market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Oil & Gas Infrastructure Market. Decide the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- DCP Midstream
- Gazprom
- General Electric
- MRC Global
- National Oilwell Varco
- Nippon Steel Corporation
- Redexis
- Tenaris Inc
- TMK Group
- United States Steel Corporation