Jul 26, 2019 (AmericaNewsHour) --
U.S. Oil & Gas Infrastructure Market
size is set to exceed USD 80 billion by 2024.Ongoing investments for the expansion of existing refineries along with along with establishment of new units with environmentally friendly footprint will positively influence the U.S. oil & gas infrastructure market growth. Furthermore, rising gasoline demand from Mexico on account of the country's growing automotive sector has led to planning of new refineries in the nearby regions of the U.S. will complement the industry landscape.
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Charts / Figures: 33
Companies covered: 25
Regions covered: 7
Availability of proved gas reserves coupled with incessant increase in natural gas demand will augment the oil & gas infrastructure market share. Moreover, the government efforts to reduce generation of electricity from coal has resulted into inauguration of new natural gas fired power plants and modification of coal into natural gas, which will further complement the business landscape.
Southwest, in 2017 accounted for over 30% of the U.S. oil & gas infrastructure market share. Availability of major shale plays in Texas including Eagle Ford and Barnett shales will drive investment across the region. Moreover, high energy consumption across industrial sector will positively influence the industry growth.
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Company profiled in this U.S. Oil & Gas Infrastructure Market Report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
Baker Hughes (GE)
Marathon Oil Corporation
Occidental Petroleum Corporation
Energy Transfer Partners
NGL Energy Partners
Rising demand for gasoline from a wide array of industries, primarily power and automobile will fuel the refining & oil products transport market growth. The U.S. has witnessed an increase in the consumption of gasoline over past few years. Furthermore, incessantly increasing export of crude oil will drive investment toward midstream oil & gas sector.
Southeast oil & gas infrastructure market size is set to witness growth owing to the retirement of coal fired power plants which has led to the addition of gas-fired capacity. Moreover, expansion of regional pipeline networks to bring shale gas to serve gas-fired generation will encourage investment toward midstream sector.
Key players in the U.S. oil and gas infrastructure market include Baker Hughes (GE), Shell, ExxonMobil, Halliburton, Hatch, Schlumberger, Kinder Morgan, BP, Total, Williams Companies, Chevron, Rosneft, ConocoPhillips, Marathon Oil Corporation, Occidental Petroleum Corporation, Energy Transfer Partners, Cheniere Energy, Oneok, NGL Energy Partners, DCP Midstream, Sprague Resources, Vopak, and Centrica.
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Partial Table of Contents (ToC) of the report:
Chapter 4 U.S. Oil & Gas Infrastructure Market, By Category
4.1 U.S. oil & gas infrastructure market share by category, 2017 & 2024
4.2 Surface and lease equipment
4.2.1 U.S. market from surface and lease equipment, 2013 – 2024
4.2.2 U.S. market from surface and lease equipment by region, 2013 – 2024
4.3 Gathering & processing
4.3.1 U.S. market from gathering & processing, 2013 – 2024
4.3.2 U.S. market from gathering & processing by region, 2013 – 2024
4.3.3 Gas gathering lines
220.127.116.11 U.S. market from gathering & processing by gas gathering lines, 2013 – 2024
18.104.22.168 U.S. market from gathering & processing by gas gathering lines by region, 2013 - 2024
4.3.4 Oil gathering lines
22.214.171.124 U.S. market from gathering & processing by oil gathering lines, 2013 – 2024
126.96.36.199 U.S. market from gathering & processing by oil gathering lines by region, 2013 - 2024
188.8.131.52 U.S. market from gathering & processing by compressors, 2013 – 2024
184.108.40.206 U.S. market from gathering & processing by compressors by region, 2013 - 2024
4.3.6 Processing plants
220.127.116.11 U.S. market from gathering & processing by processing plants, 2013 – 2024