Edison, NJ -- (SBWIRE) -- 02/01/2021 -- HTF MI presents an in-depth overview of the Oil and Gas Market Study, detailing the latest product / industry coverage and market forecasts and status by 2025. Market research is categorized as a key area to accelerate marketization. The current market is evolving its presence and some of the major players in the study are Bharat Petroleum Corporation Limited, Chennai Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited, Indian Oil Corporation Limited, Mangalore Refinery and Petrochemicals Limited, Numaligarh Refinery Limited, Oil and Natural Gas Corporation Limited, Oil India Limited, Reliance Industries Limited, Nayara Energy Limited Private. The list of companies in the coverage are selected using NAICS standards.
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Market insights:
In 2019, India was the third-largest consumer of oil, accounting for ~5.4% of the global oil consumption. Oil and gas jointly accounted for 36.37% of the country's overall energy mix in 2019. Oil consumption in India stood at 5,270.73 thousand barrels per day in 2019, and is projected to reach 5,490.92 thousand barrels by 2025, expanding at a compound annual growth rate (CAGR) of 2.25% during the 2020-2025 period.
Production insights:
As of 2019, there were 4.66 Bn barrels of proven oil reserves and 1.33 Tn cubic meters of proven natural gas reserve in India. In 2019, India accounted for ~0.9% of the global oil production and ~0.7% of the global natural gas production. The production of oil and natural gas fell between 2018 and 2019. Low productivity of aging oilfields, coupled with the declining trend of prices led to the decline in production volume in 2019. The oil and gas production is estimated to further plummet in 2020 in wake of the COVID-19 pandemic. Unavailability of workers, movement restriction, low offtake from key consumers, and closure of offshore gas fields are expected to impact the production in 2020. However, the production of natural gas is anticipated to grow over the forecast period, owing to the Indian government's ambition to reduce import dependency.
Regional Markets: North America, Europe, Asia-Pacific etc
List of Companies Mentioned: Bharat Petroleum Corporation Limited, Chennai Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited, Indian Oil Corporation Limited, Mangalore Refinery and Petrochemicals Limited, Numaligarh Refinery Limited, Oil and Natural Gas Corporation Limited, Oil India Limited, Reliance Industries Limited, Nayara Energy Limited Private
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1. Does Study provides Latest Impact on Market due to COVID & Slowdown?
Yes study have considered a chapter on Impact Analysis and this 2020 Edition of the report provides detailed analysis and its impact on growth trends and market sizing to better understand current scenario.
2) How companies are selected or profiled in the report?
List of some players that are profiled in the the report includes "Bharat Petroleum Corporation Limited, Chennai Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited, Indian Oil Corporation Limited, Mangalore Refinery and Petrochemicals Limited, Numaligarh Refinery Limited, Oil and Natural Gas Corporation Limited, Oil India Limited, Reliance Industries Limited, Nayara Energy Limited Private". Usually we follow NAICS Industry standards and validate company profile with product mapping to filter relevant Industry players, furthermore list is sorted to come up with a sample size of atleast 50 to 100 companies having greater topline value to get their segment revenue for market estimation.
** List of companies mentioned may vary in the final report subject to Name Change / Merger etc.
3) Is it possible to narrow down business segments by Application of this study?
Yes, depending upon the data availability and feasibility check by our Research Analyst, further breakdown in business segments by end use application in relation to type can be provided (If applicable) by Revenue Size or Volume*.
4) What is the base year of the study? What time frame is covered in the report
Furthermore, the years considered for the study are as follows:
Historical year – 2014-2019
Base year – 2019
Forecast period** – 2020 to 2025 [** unless otherwise stated]
** We will also include opportunities to utilize in micro markets that stakeholders can invest in, detailed analysis of key competitors and key services. **
Oil and Gas Market What to expect from this report:
- Focused Study on "Niche" Strategy and Market Development & penetration Scenario
- Analysis of M&As, Partnership & JVs in Oil and Gas Industry in United States & Other Emerging Geographies
- Top 10 Oil and Gas Companies in Global Market Share Analysis: Leaders and Laggards in 2017, 2019
- Gain strategic insights on competitor information to formulate effective R&D moves
- Identify emerging players and create effective counter-strategies to outpace competitive edge
- Identify important and diverse product types/services offering carried by major players for market development
and many more ..........
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TABLE OF CONTENTS
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: Oil and Gas MARKET LANDSCAPE
- Market Entropy
- Market segmentation analysis
- Market characteristics
PART 06: Oil and Gas MARKET SIZING
- Market definition
- Market size and forecast
- Market sizing
PART 07: Oil and Gas MARKET SEGMENTATION
- Segmentation
- Market opportunity
- Comparison
PART 08: CUSTOMER LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 09: REGIONAL LANDSCAPE
PART 11: MARKET DYNAMICS: DRIVERS, TRENDS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
About HTF Market Report
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