US Oil and Gas Downstream Market Overview and Structure Analysis to 2018-2023

US Oil and Gas Downstream in 360 Research Reports

The report titled Global US Oil and Gas Downstream Market covers definition, applications, classification, value chain structure and market performance by key leading countries/regions. In a detailed research methodology ndash; wise, the US Oil and Gas Downstream analysis with various aspects corresponding to the Globally US Oil and Gas Downstream Market.

In further, the US Oil and Gas Downstream Market includes drivers, restraints, threats, opportunities, trends, geographical/regional US Oil and Gas Downstream markets, and competitive landscape.

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The US refineries are witnessing a constant increase in the refining capacity and are producing more fuel than before, which is expected to further surge during the forecast period, 2018 – 2023, to meet the rising overseas demand. The world is witnessing a constant upward shift in United States traditional role in the global market as a top importer and consumer. The US refiners achieved another record of exporting 2.5 million barrels per day (bpd) of petroleum products to foreign markets. That compares to net fuel imports of 2.3 million just a decade ago, according to the US Energy Information Administration.
The shale revolution has provided refiners with abundant and cheap domestic crude supplies, allowing them with the cushion required for producing international competitive fuel. The US shale production has almost doubled since shale revolution started in 2009, and is expected to increase further, thus, in turn, would also supplement the US oil gas downstream market. On the flip side, shortage of labor with a large number of needed repairs and maintenance during the forecast period is expected to act as a restraint for the market and could result in increased project cost, work delay, and, increased accidental risks. Moreover, the resources of operators and contractors are under constant pressure from the surge in petrochemical projects in the United States, despite many of the firms having large balance sheets.

Surge in Shale Production to Boost Downstream Capacity Expansion

The exploration and production activities for unconventional resources, such as shale oil/gas and tight gas are expected to remain high during the forecast period, 2018 – 2023. The Gulf of Mexico (GOM) production in 2016 set an annual high of 1.6 million barrels per day (b/d), surpassing the previous record established in 2009 by 44,000 b/d. Market conditions are improving significantly amid rising oil prices, coupled with the support of a new and favorable administration with pro-energy policies, which understands the strategic importance of a healthy oil gas industry, the production of oil and gas is expected to further increase in the United States. The abundance of domestic crude supply and booming exports are expected to bolster the margins for the US downstream operators, leading to increased refining capacity. Unlike other countries with mega-refining projects, the United States is expected to invest heavily in relatively small refining projects, primarily condensate splitter projects, to process light sweet oil shale production. Similarly, following a decade of lost competitiveness, the petrochemical industry is also reemerging as a growth industry, owing to the cost-benefit enjoyed from low-cost shale gas in the United States, and is expected to increase its export capacity further.

US Gulf Cost – Hotspot of US Downstream Business

The Gulf Coast region is the largest refining center in the United States and is home to approximately half of the countrys refining capacity. As of February 2017, the region had 52 operating refineries with combined crude distillation capacity totaling 9.5 million barrels per stream day (bpsd). The US Gulf Coast region is expected to witness a fresh wave of investment in the downstream business outlook during the forecast period, particularly in the petrochemical projects. In March 2017, ExxonMobil announced USD 20 billion worth of investment through 2022, to expand its chemical and oil refining plants on the US Gulf Coast, with the aim of creating a downstream manufacturing powerhouse along the US Gulf Coast. The US oil gas downstream business is expected to significantly benefit from similar expansion projects during the forecast period.

Top Players of US Oil and Gas Downstream Market are listed below:

  • Marathon Petroleum Corporation
  • Magellan Midstream Partners LP
  • Valero Energy Corporation
  • ExxonMobil Corporation
  • Phillips 66
  • Amec Foster Wheeler plc
  • JGC Corporation
  • Flour Corporation
  • Jacobs Engineering Group Inc
  • Chicago Bridge Iron Company N.V.


  • Identify the drivers, restraints, and opportunities of the US oil gas downstream market with in-depth analysis.
  • Analyze the various perspectives of the countrys market dynamics with the help of PESTLE analysis.
  • Identify and analyze the existing, under-construction, and planned downstream projects in the United States.
  • Identify the complete oil and gas crude consumption and production scenario with their global market share.
  • Identify the latest developments, market shares, and strategies employed by the major market players.
  • 3 months of analyst support along with the Market Estimate sheet (in excel).

    Geographically, this Global report majorly split into several regions, covering

    • North ndash; South America
    • Europe
    • China
    • Asia ndash; Pacific
    • Others

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    The US Oil and Gas Downstream Report provides the landscape and growth with the product lifecycle over the coming years, market space, market opportunities, market risk, the market overview of the US Oil and Gas Downstream. It explains the gap between supply and consumption, tables and figures, SWOT analysis of the leading enterprises in the US Oil and Gas Downstream Report. Further, the US Oil and Gas Downstream Report is examined for price, cost and gross. Additionally, it provides a valuable source of suggestions and direction for enterprises and individuals who are taking part in this market.