Oil and Gas Downstream Market Analysis APAC, North America, Middle East and Africa, Europe, South America - US, Saudi Arabia, China, India, Russia - Size and Forecast 2024-2028

Published: Feb 2024

Pages: 159

SKU: IRTNTR77562

Snapshot

Oil and Gas Downstream Market Forecast 2024-2028

The oil and gas downstream market size is forecast to increase by USD 179.09 billion, at a CAGR of 2.93% between 2023 and 2028. The report includes historic market data from 2018-2022. The market is witnessing a growing demand for rising adoption of digitalization and automation, a focus on energy transition and sustainability in the energy sector, and rising investment in refining capacity upgrades.

Market Overview :

Refineries are the fastest-growing segment during the forecast year
The refineries were the largest segment and were valued at USD 814.28 billion in 2018.
The Regional Analysis consists of APAC, North America, Middle East and Africa, Europe, and South America
APAC is is most dominating region during the forecast period
It also includes an in-depth analysis of rising global energy demand, rising adoption of digitalization and automation, and uncertainties associated with low crude oil prices.

For More Highlights About this Report, Download Free Sample in a Minute

Market Trends

The rising adoption of digitalization and automation is an emerging trend shaping market growth. Digitalization involves the use of sensors and Internet of Things (IoT) devices to collect real-time data from equipment and assets. The demand for advanced sensor technology has grown as operators seek to monitor the performance and condition of equipment remotely. Automation and digitalization enable the collection and analysis of vast amounts of data from oil and gas downstream operations. Data analytics and machine learning algorithms are used to predict equipment failures, schedule maintenance proactively, and optimize production processes.

Moreover, the possibility of cybersecurity risks rises in tandem with digitization and automation. Protecting critical infrastructure from cyberattacks becomes a priority, leading to investments in cybersecurity solutions and equipment. Automation technologies are integrated into drilling rigs, allowing for autonomous drilling operations and precise wellbore placement. Smart drilling rigs can adapt to changing downhole conditions in real time. Thus, the rising adoption of digitalization and automation will enhance the growth of the market during the forecast period.

Market Largest-Growing Segments

Refineries

The refineries segment is estimated to witness significant growth during the forecast period. Refineries are pivotal components of the oil and gas downstream sector, responsible for transforming crude oil into various valuable products, such as diesel, gasoline, LPG, and others. There are several types of refineries, each specializing in different processes to produce specific end products.

Get a glance at the market contribution of various segments Download PDF Sample

Further, another type is the complex, or integrated refinery, which incorporates additional secondary processes beyond basic distillation to maximize the yield of high-value products and minimize waste. These secondary processes include catalytic cracking, hydrocracking, reforming, and alkylation, among others, which enable the production of a broader range of products, such as petrochemical feedstocks, lubricants, and specialty fuels. Complex refineries are essential for meeting diverse product demands and maintaining competitiveness in the downstream oil and gas industry. Together, these refinery types play a critical role in converting crude petroleum into a multitude of products that power economies and support various industries worldwide, such as transportation and energy. Therefore, such factors will drive the segment during the forecast period.

Market Regional Analysis

For more insights on the market share of various regions Download PDF Sample now!

APAC is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Rising populations and economic growth in APAC countries are driving an increased demand for energy, including oil and gas. This necessitates investments in downstream exploration and production. The potential for discovering new hydrocarbon reserves in the APAC region, particularly in offshore areas, attracts investments in exploration and drilling equipment. The APAC region has extensive offshore reserves, and advancements in offshore drilling technology make it economically viable to tap into these reserves. This drives demand for offshore equipment.

Moreover, as the region explores renewable energy sources, oil and gas downstream operations may integrate with renewable projects, such as offshore wind farms, further driving demand for equipment. APAC countries seek to enhance energy security by developing domestic hydrocarbon resources and reducing reliance on imported oil and gas. Such factors are expected to drive the regional market growth during the forecast period.

Market Dynamic

Key Drivers of the Market

Rising global energy demand is notably driving market growth. The growing global energy demand necessitates increased exploration and production of oil and gas resources to meet the needs of industries, transportation, and residential consumption. This drives investments in oil and gas downstream such as distillation towers and reactors, storage tanks for crude oil and refined products and pumps and compressors for transportation. Meeting rising energy demand requires the development and expansion of infrastructure, including pipelines, refineries, and processing facilities.

Moreover, as the global energy mix evolves, there is a need for equipment and infrastructure to integrate renewable energy sources, such as solar and wind, with conventional oil and gas operations. Energy security and access to reliable energy sources are often linked to geopolitical stability. This can lead to investments in oil and gas downstream in regions with favorable geopolitical conditions. Thus, the rising global energy demand will drive the market during the forecast period.

Significance Challenges of Market

Uncertainties associated with low crude oil prices are a significant challenge hindering the market. Any fluctuation in crude oil prices affects the performance of a majority of the downstream sector companies. In the last couple of years, the trend of low crude prices has put financial pressure on petroleum and gas service companies. Companies involved in the downstream of oil and gas were initially forced to halt their exploration and drilling initiatives due to uncertain events such as COVID-19. Maintaining a presence in the market was challenging due to the low revenue generated by the remaining ongoing projects.

However, as several oil and gas projects were put on hold, many oil rigs remained unutilized. Also, such oil rigs require regular maintenance so that the quality of rigs is not hampered. This uncertainty in commodity prices affects investments, which will negatively impact the growth of the market during the forecast period.

Market Customer Landscape

The market research report includes the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.

Customer Landscape

Major Market Companies

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

BP Plc - The company offers oil and gas downstream, which provides fuels, lubricants, and petrochemicals.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028

Type Outlook
- Refineries
- Petrochemical plants

Application Outlook
- Domestic
- International

Region Outlook
- North America
  - The U.S.
  - Canada
- South America
  - Chile
  - Brazil
  - Argentina
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Market Analyst Overview

The Oil & Gas Downstream Market experiences notable developments, particularly in developing countries, driven by the rising demand for fuel-efficient and electric vehicles. Efforts in modernization impact the refining and petrochemical sectors, with a focus on reducing refining costs and minimizing process losses. The market is influenced by the availability of petroleum crude oil and raw natural gas, particularly in response to the dynamics of the transportation sector.

Factors such as the crack spread and geopolitical events like the Russian-Ukrainian war shape oil refinery capacity and operations, exemplified by facilities like Reficar oil refinery in Cartagena. Addressing environmental concerns, the industry emphasizes reducing sulfur content levels, leading to the production of ultra-low sulfur diesel and other cleaner middle distillates, impacting overall fuel prices

Oil and Gas Downstream Market Scope
Report Coverage	Details
Page number	159
Base year	2023
Historic period	2018-2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 2.93%
Market Growth 2024-2028	USD 179.09 billion
Market structure	Fragmented
YoY growth 2023-2024(%)	2.45
Regional analysis	APAC, North America, Middle East and Africa, Europe, and South America
Performing market contribution	APAC at 39%
Key countries	US, Saudi Arabia, China, India, and Russia
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Bharat Petroleum Corp. Ltd., BP Plc, Chevron Corp., China National Petroleum Corp., Dow Chemical Co., Emirates National Oil Co. Ltd. LLC., ENEOS Holdings Inc, Exxon Mobil Corp., Hindustan Petroleum Corp. Ltd., Indian Oil Corp. Ltd., Kuwait Petroleum Corp., Marathon Petroleum Corp., Nayara Energy Ltd., Phillips 66, Reliance Industries Ltd., Rosneft Oil Co., Saudi Arabian Oil Co., Shell plc, TotalEnergies SE, and Valero Energy Corp.
Market dynamics	Parent market growth analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Download PDF Sample

What are the Key Data Covered in this Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the market between 2024 and 2028
Precise estimation of the market size and its contribution of the market in focus to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the market across APAC, North America, Middle East and Africa, Europe, and South America
Thorough analysis of the market’s competitive landscape and detailed information about companies
Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements.

Get in touch

Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global oil and gas downstream market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global oil and gas downstream market 2018 - 2022 ($ billion)

4.2 Type Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Type Segment 2018 - 2022 ($ billion)

4.3 Application Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Application Segment 2018 - 2022 ($ billion)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Type - Market share 2023-2028 (%)

6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type

6.3 Refineries - Market size and forecast 2023-2028
- Exhibit 34: Chart on Refineries - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Refineries - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Refineries - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Refineries - Year-over-year growth 2023-2028 (%)

6.4 Petrochemical plants - Market size and forecast 2023-2028
- Exhibit 38: Chart on Petrochemical plants - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on Petrochemical plants - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on Petrochemical plants - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Petrochemical plants - Year-over-year growth 2023-2028 (%)

6.5 Market opportunity by Type
- Exhibit 42: Market opportunity by Type ($ billion)
- Exhibit 43: Data Table on Market opportunity by Type ($ billion)

7 Market Segmentation by Application

7.1 Market segments
- Exhibit 44: Chart on Application - Market share 2023-2028 (%)
- Exhibit 45: Data Table on Application - Market share 2023-2028 (%)

7.2 Comparison by Application
- Exhibit 46: Chart on Comparison by Application
- Exhibit 47: Data Table on Comparison by Application

7.3 Domestic - Market size and forecast 2023-2028
- Exhibit 48: Chart on Domestic - Market size and forecast 2023-2028 ($ billion)
- Exhibit 49: Data Table on Domestic - Market size and forecast 2023-2028 ($ billion)
- Exhibit 50: Chart on Domestic - Year-over-year growth 2023-2028 (%)
- Exhibit 51: Data Table on Domestic - Year-over-year growth 2023-2028 (%)

7.4 International - Market size and forecast 2023-2028
- Exhibit 52: Chart on International - Market size and forecast 2023-2028 ($ billion)
- Exhibit 53: Data Table on International - Market size and forecast 2023-2028 ($ billion)
- Exhibit 54: Chart on International - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on International - Year-over-year growth 2023-2028 (%)

7.5 Market opportunity by Application
- Exhibit 56: Market opportunity by Application ($ billion)
- Exhibit 57: Data Table on Market opportunity by Application ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 59: Chart on Market share by geography 2023-2028 (%)
- Exhibit 60: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 61: Chart on Geographic comparison
- Exhibit 62: Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2023-2028
- Exhibit 63: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 64: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 65: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 66: Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.4 North America - Market size and forecast 2023-2028
- Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.5 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 71: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 72: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 73: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.6 Europe - Market size and forecast 2023-2028
- Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.7 South America - Market size and forecast 2023-2028
- Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)

9.8 US - Market size and forecast 2023-2028
- Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)

9.9 China - Market size and forecast 2023-2028
- Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)

9.10 India - Market size and forecast 2023-2028
- Exhibit 91: Chart on India - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on India - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on India - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on India - Year-over-year growth 2023-2028 (%)

9.11 Russia - Market size and forecast 2023-2028
- Exhibit 95: Chart on Russia - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on Russia - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on Russia - Year-over-year growth 2023-2028 (%)

9.12 Saudi Arabia - Market size and forecast 2023-2028
- Exhibit 99: Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on Saudi Arabia - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on Saudi Arabia - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ billion)
- Exhibit 104: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption

11.4 Industry risks
- Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 109: Vendors covered

12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification

12.3 BP Plc
- Exhibit 111: BP Plc - Overview
- Exhibit 112: BP Plc - Business segments
- Exhibit 113: BP Plc - Key news
- Exhibit 114: BP Plc - Key offerings
- Exhibit 115: BP Plc - Segment focus

12.4 Chevron Corp.
- Exhibit 116: Chevron Corp. - Overview
- Exhibit 117: Chevron Corp. - Business segments
- Exhibit 118: Chevron Corp. - Key news
- Exhibit 119: Chevron Corp. - Key offerings
- Exhibit 120: Chevron Corp. - Segment focus

12.5 China National Petroleum Corp.
- Exhibit 121: China National Petroleum Corp. - Overview
- Exhibit 122: China National Petroleum Corp. - Product / Service
- Exhibit 123: China National Petroleum Corp. - Key offerings

12.6 Dow Chemical Co.
- Exhibit 124: Dow Chemical Co. - Overview
- Exhibit 125: Dow Chemical Co. - Business segments
- Exhibit 126: Dow Chemical Co. - Key news
- Exhibit 127: Dow Chemical Co. - Key offerings
- Exhibit 128: Dow Chemical Co. - Segment focus

12.7 Exxon Mobil Corp.
- Exhibit 129: Exxon Mobil Corp. - Overview
- Exhibit 130: Exxon Mobil Corp. - Business segments
- Exhibit 131: Exxon Mobil Corp. - Key news
- Exhibit 132: Exxon Mobil Corp. - Key offerings
- Exhibit 133: Exxon Mobil Corp. - Segment focus

12.8 Hindustan Petroleum Corp. Ltd.
- Exhibit 134: Hindustan Petroleum Corp. Ltd. - Overview
- Exhibit 135: Hindustan Petroleum Corp. Ltd. - Business segments
- Exhibit 136: Hindustan Petroleum Corp. Ltd. - Key offerings
- Exhibit 137: Hindustan Petroleum Corp. Ltd. - Segment focus

12.9 Indian Oil Corp. Ltd.
- Exhibit 138: Indian Oil Corp. Ltd. - Overview
- Exhibit 139: Indian Oil Corp. Ltd. - Business segments
- Exhibit 140: Indian Oil Corp. Ltd. - Key offerings
- Exhibit 141: Indian Oil Corp. Ltd. - Segment focus

12.10 Kuwait Petroleum Corp.
- Exhibit 142: Kuwait Petroleum Corp. - Overview
- Exhibit 143: Kuwait Petroleum Corp. - Product / Service
- Exhibit 144: Kuwait Petroleum Corp. - Key offerings

12.11 Marathon Petroleum Corp.
- Exhibit 145: Marathon Petroleum Corp. - Overview
- Exhibit 146: Marathon Petroleum Corp. - Business segments
- Exhibit 147: Marathon Petroleum Corp. - Key offerings
- Exhibit 148: Marathon Petroleum Corp. - Segment focus

12.12 Reliance Industries Ltd.
- Exhibit 149: Reliance Industries Ltd. - Overview
- Exhibit 150: Reliance Industries Ltd. - Business segments
- Exhibit 151: Reliance Industries Ltd. - Key news
- Exhibit 152: Reliance Industries Ltd. - Key offerings
- Exhibit 153: Reliance Industries Ltd. - Segment focus

12.13 Rosneft Oil Co.
- Exhibit 154: Rosneft Oil Co. - Overview
- Exhibit 155: Rosneft Oil Co. - Business segments
- Exhibit 156: Rosneft Oil Co. - Key offerings
- Exhibit 157: Rosneft Oil Co. - Segment focus

12.14 Saudi Arabian Oil Co.
- Exhibit 158: Saudi Arabian Oil Co. - Overview
- Exhibit 159: Saudi Arabian Oil Co. - Product / Service
- Exhibit 160: Saudi Arabian Oil Co. - Key offerings

12.15 Shell plc
- Exhibit 161: Shell plc - Overview
- Exhibit 162: Shell plc - Business segments
- Exhibit 163: Shell plc - Key offerings
- Exhibit 164: Shell plc - Segment focus

12.16 TotalEnergies SE
- Exhibit 165: TotalEnergies SE - Overview
- Exhibit 166: TotalEnergies SE - Business segments
- Exhibit 167: TotalEnergies SE - Key news
- Exhibit 168: TotalEnergies SE - Key offerings
- Exhibit 169: TotalEnergies SE - Segment focus

12.17 Valero Energy Corp.
- Exhibit 170: Valero Energy Corp. - Overview
- Exhibit 171: Valero Energy Corp. - Business segments
- Exhibit 172: Valero Energy Corp. - Key offerings
- Exhibit 173: Valero Energy Corp. - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 174: Inclusions checklist
- Exhibit 175: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 176: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 177: Research methodology
- Exhibit 178: Validation techniques employed for market sizing
- Exhibit 179: Information sources

13.5 List of abbreviations
- Exhibit 180: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

Purchase Report

PURCHASE FULL REPORT OF

oil and gas downstream market market

Buy Report - Single User License 2500 USD

QUICK BUY

Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

Why should you prefer Technavio's market insights report?

Off-the-shelf research reports
Reports can be tailored to meet the customer's needs
Trusted by more than 100 fortune 500 organizations
Information about the market's key drivers, trends, and challenges
Parent market analysis
Every week, 50,000 people visit our subscription platform
Detailed vendors report with competitive landscape
Covid-19 impact and recovery analysis
Data on revenue-generating market segments
Details on the market shares of various regions
Five-force market analysis