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Oil & Gas in South Korea

Oil & Gas in South Korea

Summary

Oil & Gas in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the South Korea oil & gas market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key highlights

  • The oil and gas market volume is defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas by end-users in each country.
  • The South Korean oil & gas market had total revenues of $46,765.7m in 2017, representing a compound annual rate of change (CARC) of -15.4% between 2013 and 2017.
  • The crude oil segment was the market's most lucrative in 2017, with total revenues of $41,816.8m, equivalent to 89.4% of the market's overall value.
  • Volume growth in the South Korean market has been marginal in the historic period
  • as improvements in fuel efficient technology has reduced demand for energy intensive machinery. Renewable energy has also been growing in popularity in South Korea in recent years. In 2018 the country had 11.3 GW installed capacity of renewable energy. By 2030 South Korea is aiming to increase this figure to 58.5GW, 30.8GW of which will come from solar power. These factors have impacted volume consumption levels in the South Korean market.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil & gas market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in South Korea
  • Leading company profiles reveal details of key oil & gas market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea oil & gas market with five year forecasts by both value and volume
Reasons to buy
  • What was the size of the South Korea oil & gas market by value in 2017?
  • What will be the size of the South Korea oil & gas market in 2022?
  • What factors are affecting the strength of competition in the South Korea oil & gas market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's oil & gas market?


Executive Summary
Market value
Market value forecast
Market volume
Market volume forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market volume
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Market volume forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
GS Caltex Corporation
Korea Gas Corporation
S-Oil Corporation Inc
SK Innovation Co., Ltd.
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: South Korea oil & gas market value: $ billion, 2013-17
Table 2: South Korea oil & gas market volume: million barrels of oil equivalent, 2013-17
Table 3: South Korea oil & gas market category segmentation: $ billion, 2017
Table 4: South Korea oil & gas market geography segmentation: $ billion, 2017
Table 5: South Korea oil & gas market value forecast: $ billion, 2017-22
Table 6: South Korea oil & gas market volume forecast: million barrels of oil equivalent, 2017-22
Table 7: GS Caltex Corporation: key facts
Table 8: GS Caltex Corporation: key financials ($)
Table 9: GS Caltex Corporation: key financials (KRW)
Table 10: GS Caltex Corporation: key financial ratios
Table 11: Korea Gas Corporation: key facts
Table 12: Korea Gas Corporation: key financials ($)
Table 13: Korea Gas Corporation: key financials (KRW)
Table 14: Korea Gas Corporation: key financial ratios
Table 15: S-Oil Corporation Inc: key facts
Table 16: S-Oil Corporation Inc: key financials ($)
Table 17: S-Oil Corporation Inc: key financials (KRW)
Table 18: S-Oil Corporation Inc: key financial ratios
Table 19: SK Innovation Co., Ltd.: key facts
Table 20: SK Innovation Co., Ltd.: key financials ($)
Table 21: SK Innovation Co., Ltd.: key financials (KRW)
Table 22: SK Innovation Co., Ltd.: key financial ratios
Table 23: South Korea size of population (million), 2013-17
Table 24: South Korea gdp (constant 2005 prices, $ billion), 2013-17
Table 25: South Korea gdp (current prices, $ billion), 2013-17
Table 26: South Korea inflation, 2013-17
Table 27: South Korea consumer price index (absolute), 2013-17
Table 28: South Korea exchange rate, 2013-17
List of Figures
Figure 1: South Korea oil & gas market value: $ billion, 2013-17
Figure 2: South Korea oil & gas market volume: million barrels of oil equivalent, 2013-17
Figure 3: South Korea oil & gas market category segmentation: % share, by value, 2017
Figure 4: South Korea oil & gas market geography segmentation: % share, by value, 2017
Figure 5: South Korea oil & gas market value forecast: $ billion, 2017-22
Figure 6: South Korea oil & gas market volume forecast: million barrels of oil equivalent, 2017-22
Figure 7: Forces driving competition in the oil & gas market in South Korea, 2017
Figure 8: Drivers of buyer power in the oil & gas market in South Korea, 2017
Figure 9: Drivers of supplier power in the oil & gas market in South Korea, 2017
Figure 10: Factors influencing the likelihood of new entrants in the oil & gas market in South Korea, 2017
Figure 11: Factors influencing the threat of substitutes in the oil & gas market in South Korea, 2017
Figure 12: Drivers of degree of rivalry in the oil & gas market in South Korea, 2017
Figure 13: GS Caltex Corporation: revenues & profitability
Figure 14: GS Caltex Corporation: assets & liabilities
Figure 15: Korea Gas Corporation: revenues & profitability
Figure 16: Korea Gas Corporation: assets & liabilities
Figure 17: S-Oil Corporation Inc: revenues & profitability
Figure 18: S-Oil Corporation Inc: assets & liabilities
Figure 19: SK Innovation Co., Ltd.: revenues & profitability
Figure 20: SK Innovation Co., Ltd.: assets & liabilities

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