Oil And Gas Global Market Insights As Per TBRC?s Latest Report

Posted by sainath on December 26th, 2018

The Business Research Company’s global oil and gas market analysis covers the year-on-year growth of the global oil and gas market historic and forecast growth. It also includes chapters on oil and gas market trends, geographical analysis, and competitive landscape.

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The global oil and gas market is forecast to grow at a CAGR of around 4.5% by 2020.

Oil And Gas Market Segmentation

According to TBRC’s global oil and gas market research, the market is split by segments into Oil and Gas Upstream Activities, and Oil and Gas Downstream Activities.

Oil & Gas Upstream Activities is mainly involved in exploring, extracting, and manufacturing crude oil and natural gas. It consists of oil and gas wells drilling services, crude oil and natural gas production, and oil and gas supporting activities. It is the largest segment with around 55% of market share.

Oil & Gas Downstream Activities includes production of refined petroleum, asphalt, lubricants, and other petroleum products.

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The global oil and gas market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

The global Oil and Gas Upstream Activities and Oil and Gas Downstream Activities market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the report are Saudi Aramco, Exxon Mobil Corp., Royal Dutch Shell, BP Plc, and Sinopec Limited.

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