Whats Driving the U.S. Oil & Gas Infrastructure Market Trends? ExxonMobil, Baker Hughes, Halliburton, Schlumberger, Hatch, Centrica, Vopak
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Rising gasoline demand from a several industries, primarily the automobile and power sector will fuel the refining and oil products transport market share. The country has witnessed an increase in the refinery throughput and refining capacity over past few years. Moreover, increasing export of crude and natural gas will complement the business landscape.
Growth Drivers OF U.S. Oil & Gas Infrastructure Market:
o Shifting trends toward unconventional resources
o Increasing energy production rate
o Increasing gas fired power generation
Southeast oil and gas infrastructure market is predicted to witness growth on account of retirement of coal fired power generation units, leading to addition of natural gas fired capacity. Moreover, regional expansion of pipeline networks with an aim to bring shale gas to cater the gas-fired generation will drive investment across the midstream sector.
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Government initiatives to reduce carbon footprint has resulted into application of CNG and LNG vehicles a substitute to diesel fuel which will augment the natural gas infrastructure market growth. The western states including Nevada and California has witnessed a continuous increase in the consumption of vehicle fuel since 1990's. Furthermore, the country has witnessed an incessant increase in the LNG consumption particularly for cryogenic application across the industrial sector which will escalate the demand for infrastructure investment.
In 2017, Southwest region accounted for over 30% of the oil and gas infrastructure market share in the U.S. Availability of major shale reservoirs in Texas including Barnett shales and Eagle Ford will encourage infrastructure investment across the region. In addition, high energy consumption across the industrial sector will positively impact the industry landscape.
Leading Key Players in U.S. Oil & Gas Infrastructure Market are:
Royal Dutch Shell Plc, ExxonMobil, Baker Hughes, Halliburton, Schlumberger, Hatch Ltd, Kinder Morgan, Williams Companies Inc., BP PLC, Total SA, Chevron Corporation, Rosneft Oil Co, Anadarko Petroleum Corporation, Marathon Oil Corporation, Enterprise Products Partners L.P., Conocophillips Co., Occidental Petroleum Corporation, Cheniere Energy, Inc., Energy Transfer Partners LP, Oneok, Inc., DCP Midstream, LP, NGL Energy Partners LP, Sprague Resources LP, Centrica, Vopak
Table Of Content:
2. Research Methodology
3. Report Summary
4. U.S. Oil & Gas Infrastructure Market Overview
-Porter& Five Forces Analysis
5. U.S. Oil & Gas Infrastructure Industry Review, By Product
6. U.S. Oil & Gas Infrastructure Industry Summary, By Application
7. U.S. Oil & Gas Infrastructure Industry Outline, By Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
8. Competitive Overview
9. Company Profiles: 1,2,3,4,5
Read More About U.S. Oil & Gas Infrastructure Market At https://www.globenewswire.com/news-release/2018/12/03/1660665/0/en/U-S-Oil-and-Gas-Infrastructure-Market-worth-over-80-billion-By-2024-Global-Market-Insights-Inc.html
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