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Global Gas Processing Market: By Product: Dry Gas, NGL, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand, EMR’s Key Indicators for Price; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Gas Processing Market Outlook
The global gas processing market is projected to grow at a CAGR of 5% during the forecast period of 2022-2027. The production of natural gas is increasing as a result of the growing investments in upstream activities of oil and gas, which is anticipated to drive the growth of the global gas processing market over the forecast period.
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Properties and Applications
The global gas processing market can be divided based on segments like product and region.
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Based on products, the gas processing market can be segmented into:
- Dry Gas
- NGL
- Others
The EMR report looks into the regional gas processing markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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Market Analysis
The demand for natural gas is witnessing a significant growth due to its abundance, versatility, and lower carbon dioxide emissions, which is providing a boost to the gas processing industry globally. Further, the development of several innovative techniques in the gas processing industry will improve the technical and economic feasibility of its operations. These techniques will assist the gas processing industry to cut-off costs and achieve significant cost savings by minimising energy consumption. The Asia Pacific region is expected to lead the global gas processing market owing to the growing use of natural gas and its increased adoption in fertiliser plants, power generation units, petrochemicals, transportation, and other sectors, especially in developing nations like China and India.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global gas processing market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- BP Plc
- Exxon Mobil Corporation (NYSE: XOM)
- PetroChina Company Limited
- Public Joint Stock Company Gazprom
- Royal Dutch Shell Plc
- Saudi Arabian Oil Co.
- Others
The EMR report gives an in-depth insight into the gas processing market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Region |
| Breakup by Product | Dry Gas, NGL, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | BP Plc (LON: BP), Exxon Mobil Corporation (NYSE: XOM), PetroChina Company Limited (SHA: 601857), Public Joint Stock Company Gazprom (MCX: GAZP), Royal Dutch Shell Plc (RDSA: AMS), Saudi Arabian Oil Co., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Gas Processing Market Analysis
8.1 Key Industry Highlights
8.2 Global Gas Processing Historical Market (2017-2021)
8.3 Global Gas Processing Market Forecast (2022-2027)
8.4 Global Gas Processing Market by Product
8.4.1 Dry Gas
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 NGL
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Others
8.5 Global Gas Processing Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 BP Plc
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Exxon Mobil Corporation
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 PetroChina Company Limited
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Public Joint Stock Company Gazprom
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Royal Dutch Shell plc
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Saudi Arabian Oil Co.
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Others
13 Industry Events and Developments
List of Figures and Tables
1. Global Gas Processing Market: Key Industry Highlights, 2017 and 2027
2. Global Gas Processing Historical Market: Breakup by Product (USD Billion), 2017-2021
3. Global Gas Processing Market Forecast: Breakup by Product (USD Billion), 2022-2027
4. Global Gas Processing Historical Market: Breakup by Region (USD Billion), 2017-2021
5. Global Gas Processing Market Forecast: Breakup by Region (USD Billion), 2022-2027
6. North America Gas Processing Historical Market: Breakup by Country (USD Billion), 2017-2021
7. North America Gas Processing Market Forecast: Breakup by Country (USD Billion), 2022-2027
8. Europe Gas Processing Historical Market: Breakup by Country (USD Billion), 2017-2021
9. Europe Gas Processing Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Asia Pacific Gas Processing Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Asia Pacific Gas Processing Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Latin America Gas Processing Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Latin America Gas Processing Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Middle East and Africa Gas Processing Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Middle East and Africa Gas Processing Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Global Gas Processing Market Structure
Key Questions Answered in the Report
The global gas processing market is projected to grow at a CAGR of 5% between 2021 and 2026.
The major drivers of the industry, such as the growing investment in the exploration and production of oil and gas, increasing demand for energy across the globe, rapid urbanisation and industrialisation, and growing technological advancements, are expected to aid the market growth.
The key market trend guiding the growth of the market include the development of economically feasible and energy efficient methods of gas processing owing to increased R&D.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Dry gas and NGL, among others, are the major gas processing products available in the industry.
The major players in the industry are BP Plc, Exxon Mobil Corporation, PetroChina Company Limited, Public Joint Stock Company Gazprom, Royal Dutch Shell Plc, and Saudi Arabian Oil Co., among others.
Analyst Review
The global gas processing industry is being driven by the increased upstream activities in the oil industry and growing demand for energy. Aided by the increased research and development activities to develop improved oil and gas processing methods, the market is expected to witness a healthy growth in the forecast period of 2022-2027, growing at a CAGR of 5%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on products, the industry can be segmented into dry gas and NGL, among others. The major regional markets for gas processing are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include BP Plc, Exxon Mobil Corporation, PetroChina Company Limited, Public Joint Stock Company Gazprom, Royal Dutch Shell Plc, and Saudi Arabian Oil Co., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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