DUBLIN, October 4, 2017 /PRNewswire/ --
The "Global Oil and Gas Storage Valves Market 2017-2021" report has been added to Research and Markets' offering.
The global oil and gas storage valves market is forecast to grow at a CAGR of 3.22% during the period 2017-2021.
The report, Global Oil and Gas Storage Valves Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is market consolidation of major vendors. For the oil and gas industry, the journey over the past decade has been a roller coaster ride owing to fluctuations in crude oil price. As per the US Energy Information Administration, crude oil prices were hovering over $111.80/bbl. in June 2014 and fell to $47.76/bbl. in January 2015 in a span of just seven months.
According to the report, one driver in the market is rise in global refinery capacity expansion. Crude oil refineries are the backbone of the oil and gas industry. They process raw crude oil into valuable consumable petroleum products. Refineries consist of large tank farms that have storage tanks for storage of crude oil, natural gas, petroleum products, and intermediates. The recent crude oil price slump has greatly benefitted the downstream industry, which has resulted in increased investments in the downstream sector of the oil and gas industry.
Other prominent vendors
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Application
Part 07: Geographical Segmentation
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/klbjzg/global_oil_and
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