United Kingdom Oil and Gas Downstream Market Outlook to 2022
The United Kingdom downstream oil & gas market has been estimated at USD XX billion in 2015 and is projected to reach USD XX billion by 2022, at a CAGR of XX% during the forecast period from 2016 to 2022.
Companies involved in the downstream sector are the closest link to end users. This sector completes the life cycle of oil & gas market. The fall in the oil prices in 2015 was a blessing in disguise for the companies in the sector. While the prices of crude oil fell rapidly, the cost of refined products reduced gradually, allowing the companies to maximize their profit margins. The raw material buying power of these companies has increased as a result of crude oil being cheaply available; thus, huge profits were made out of selling refined products to the industries. The downstream sector is an enabler for the operations in most of the industries and the society as well. Along these lines, this segment creates high esteem for the society, without which the nature of lives would have been definitely diverse.
The United Kingdom invested USD XX billion in the downstream oil & gas sector between 2013 and 2015 and it is estimated that an additional USD XX billion would flow in by 2022. The demand for the petroleum products is expected to grow exponentially and reach XX million metric tonnes by 2022. The United Kingdom has an installed refining capacity of XX barrels. The internal trade for petroleum products is worth USD XX. An additional refining capacity of XX billion barrels is planned with an investment close to USD XX billion. Furthermore, the current capacity of LNG terminals is XX mMT and an additional capacity of XX mMT with an investment around USD XX billion, would add to the existing capacity.
Key Deliverables in the Study
The United Kingdom downstream oil & gas market analysis, with assessments and competition analysis on a regional scale Market definition along with the identification of key drivers and restraints The United Kingdom downstream oil & gas market report presents an overview of the main economic, political, environmental and regulatory aspects to consider when investing in the sector Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market Extensively researched competitive landscape section with profiles of major companies along with their market share A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information The United Kingdom oil & gas market report provides a wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow