Global Process Plant Equipment Market in Downstream Oil and Gas Industry 2016-2020

  • ID: 3832395
  • Report
  • Region: Global
  • 87 pages
  • TechNavio
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FEATURED COMPANIES

  • Bechtel
  • CB&I¸ Jacobs
  • Fluor
  • Hyundai Engineering
  • KBR
  • Saipem
  • MORE
About Oil and Gas Industry

The oil and gas industry can be broadly segregated into upstream, midstream, and downstream segments. Upstream refers to the exploration and drilling of oil and gas. Midstream constitutes the transportation of crude oil and natural gas to the refineries. Downstream refers to the refining of crude oil and gas into a pre-defined range of products according to specifications. The relative quantities of the refined products are directly dependent upon the quality of crude used.

The analysts forecast the global process plant equipment in downstream oil and gas industry to grow at a CAGR of 1.18% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global process plant equipment in downstream oil and gas industry for 2016-2020. To calculate the market size, the report considers the planned refining capacity and equipment used in refineries.

The market is divided into the following segments based on geography:

- Americas
- APAC
- Europe
- MEA

The report, Global Process Plant Equipment in Downstream Oil and Gas Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Fluor
- Hyundai Engineering
- Saipem
- Samsung Engineering
- Technip

Other prominent vendors
- Bechtel
- CB&I
- Jacobs
- KBR
- Larsen & Toubro
- NPCC
- Petrofac
- SK Engineering & Construction
- Technicas Reunidas
- Worley Parsons

Market drivers
- Higher demand for refined products

Market challenges
- Competition from renewable fuels resulting in a decrease in market share of refined oil products

Market trends
- Stricter regulations related to fuel specifications

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bechtel
  • CB&I¸ Jacobs
  • Fluor
  • Hyundai Engineering
  • KBR
  • Saipem
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Key assumptions
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
  • Refining overview
  • Lifecycle assessment of refinery construction
PART 05: Downstream oil and gas industry analysis

PART 06: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 07: Market segmentation by type
  • Process plant equipment in oil and gas industry by type 2015
  • Process plant equipment in oil and gas industry by type 2020
  • Process plant equipment in oil and gas industry by type 2015-2020
  • Plant equipment in oil and gas industry 2015-2020
  • Piping in oil and gas industry 2015-2020
  • Boilers in oil and gas industry 2015-2020
  • Valves in oil and gas industry 2015-2020
PART 08: Geographical segmentation
  • Process plant equipment in downstream oil and gas industry by geography 2015
  • Process plant equipment in downstream oil and gas industry by geography 2020
  • Process plant equipment in downstream oil and gas industry by geography 2015-2020
  • Process plant equipment in downstream oil and gas industry in APAC 2015-2020
  • Process plant equipment in downstream oil and gas industry in Americas 2015-2020
  • Process plant equipment in downstream oil and gas industry by Europe 2015-2020
  • Process plant equipment in downstream oil and gas industry in MEA 2015-2020
PART 09: Market drivers
  • Increase in complexity index of refineries
  • Higher demand for refined products
  • Increase in new refinery construction across Asia and Middle Eastern countries
PART 10: Impact of drivers

PART 11: Market challenges
  • Overcapacity of refineries in developed countries
  • Competition from renewable fuels resulting in a decrease in market share of refined oil products
  • Unstable regulatory environment in African countries
PART 12: Impact of drivers and challenges

PART 13: Market trends
  • Mixed impact: greater refining margins marked with delays in refining investments
  • Stricter regulations related to fuel specifications
  • NOCs keen to set up refineries in demand growth centers
PART 14: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 15: Key vendor analysis
  • Fluor
  • Hyundai Engineering
  • Saipem
  • Samsung Engineering
  • Technip
PART 16: Appendix
  • List of abbreviations
PART 17: About the Author

List of Exhibits

Exhibit 01: Product offerings
Exhibit 02: Typical timeline of refinery construction activities
Exhibit 03: Overview of global process plant equipment in downstream oil and gas industry
Exhibit 04: Global process plant equipment in downstream oil and gas industry 2016-2020 ($ billions)
Exhibit 05: Segmentation of process plant equipment in oil and gas industry by type, 2015
Exhibit 06: Segmentation of process plant equipment in oil and gas industry by type 2020
Exhibit 07: Global process plant equipment in oil and gas industry by type 2015-2020
Exhibit 08: Plant equipment sales 2015-2020 ($ billions)
Exhibit 09: Piping sales in oil and gas industry 2015-2020 ($ billions)
Exhibit 10: Boiler sales in oil and gas industry 2015-2020 ($ billions)
Exhibit 11: Valve sales in oil and gas industry 2015-2020 ($ billions)
Exhibit 12: Process plant equipment in downstream oil and gas industry by geography 2015
Exhibit 13: Process plant equipment in downstream oil and gas industry by geography 2020
Exhibit 14: Process plant equipment in downstream oil and gas industry by geography 2015-2020
Exhibit 15: Process plant equipment in downstream oil and gas industry in APAC, 2015-2020
Exhibit 16: Refining capacity addition during 2015-2020 in APAC (in mb/d)
Exhibit 17: Expected annual real GDP growth rates (% per annum) in APAC countries 2015-2020
Exhibit 18: Process plant equipment in downstream oil and gas industry in Americas 2015-2020 ($ billions)
Exhibit 19: Annual real GDP growth rate (% per annum)
Exhibit 20: Process plant equipment in downstream oil and gas industry in Europe 2015-2020 ($ billions)
Exhibit 21: Annual real GDP growth rate (% per annum) in Europe
Exhibit 22: Process plant equipment in downstream oil and gas industry in MEA 2015-2020 ($ billions)
Exhibit 23: Annual real GDP growth rate (% per annum) in MEA
Exhibit 24: Oil demand from various sectors (in mboe/d)
Exhibit 25: Number of passenger cars forecast 2014, 2015, and 2020 (in millions)
Exhibit 26: Number of commercial vehicles forecast 2014, 2015, and 2020 (in millions)
Exhibit 27: Impact of drivers
Exhibit 28: World primary energy demand forecast (in mboe/d)
Exhibit 29: Impact of drivers and challenges
Exhibit 30: Evolution of EU fuel specifications (NOx) for passenger cars
Exhibit 31: Other prominent vendors
Exhibit 32: Business segmentation by revenue 2015
Exhibit 33: Geographical segmentation by revenue 2015
Exhibit 34: Revenue and segment profit for oil and gas segment by 2014 and 2015 ($ millions)
Exhibit 35: Key news
Exhibit 36: Business segmentation by revenue 2015
Exhibit 37: Gross margin of business segments in percentage
Exhibit 38: Key projects of Hyundai Engineering
Exhibit 39: Key news
Exhibit 40: Experience of Saipem in refining industry
Exhibit 41: Key projects
Exhibit 42: List of projects being executed by Saipem
Exhibit 43: Key news
Exhibit 44: Business portfolio
Exhibit 45: Order backlog breakdown of business segments by percentage
Exhibit 46: Order backlog breakdown by region
Exhibit 47: Key projects
Exhibit 48: Key news
Exhibit 49: Business segmentation by revenue 2015
Exhibit 50: Turnkey projects
Exhibit 51: Key news
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FEATURED COMPANIES

  • Bechtel
  • CB&I¸ Jacobs
  • Fluor
  • Hyundai Engineering
  • KBR
  • Saipem
  • MORE
New Report Released: - Global Process Plant Equipment in Downstream Oil and Gas Industry 2016-2020

The author of the report recognizes the following companies as the key players in the global process plant equipment in downstream oil and gas industry: Fluor, Hyundai Engineering, Saipem, Samsung Engineering, and Technip.

Other Prominent Vendors in the market are: Bechtel, CB&I¸ Jacobs, KBR, Larsen & Toubro¸ NPCC¸ Petrofac¸ SK Engineering & Construction, Technicas Reunidas, and Worley Parsons.

Commenting on the report, an analyst from the research team said: “The players in the oil refining industry have started increasing their operations in other countries, especially in countries that present greater demand for petrochemical and refined products. A prominent example of this would be the plans of Saudi Aramco to increase its footprint in the upcoming fuel demand centers in Asia. The company is analyzing the countries where it wants to set its refineries. The countries under consideration are China, Indonesia, Malaysia, Vietnam, and India. Rather than expanding its refinery capacity in Saudi Arabia itself, it plans to construct more refineries in demand centers in Asia in a bid to expand its refining margins. It already has a refinery in JV with Exxon and China Petroleum and Chemical Corp. in China's Fujian province. It is talks with CNPC to set up more refineries in the country. Many other prominent companies are expected to follow such a strategy to increase their market shares in upcoming demand centers. This trend is expected to become more prominent in the medium to long-term future and would boost the process plant equipment market accordingly.”

According to the report, increase in complexity index of refineries will be a key driver for market growth. Refineries in the US are generally highly complex. However, following the advent of light tight oil and condensates, refiners in the US have set up splitters to enable the separation of the light and heavy distillates. As a result, capacity additions in this region primarily consist of upgradation of old refineries, rather than the construction of new refineries. Upgradation activities across countries is resulting in higher demand for process plant equipment, thereby driving the market during the forecast period.

Further, the report states that the growth of the refining industry in any country is predicated on the political stability in that nation. Political instability has become a major challenge in countries dealing with riots and terrorism. Such instability increases the risks associated with the safe operation of an oil refinery. Investors are wary of investing in such countries where regulations are susceptible to change. In addition, the threat of misuse of refining operations by anti-social elements forces companies to suspend operations.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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- Fluor
- Hyundai Engineering
- Saipem
- Samsung Engineering
- Technip
- Bechtel
- CB&I¸ Jacobs
- KBR
- Larsen & Toubro¸ NPCC¸ Petrofac¸ SK Engineering & Construction
- Technicas Reunidas
- Worley Parsons
Note: Product cover images may vary from those shown
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