Title: Oil & Gas Fabrication Market Size, Share, Trends, Growth, And Forecast 2024-2032
1Global Oil Gas Fabrication Market Research and
Forecast Report 2024-2032
2023 IMARC All Rights Reserved
2About IMARC Group
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3Report Highlight and Description
- According to the latest report by IMARC Group,
titled Oil Gas Fabrication Market Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2024-2032," The global oil gas
fabrication market size reached US 5.3 Billion
in 2023. - The global market is primarily driven by the
rising demand for energy infrastructure,
requiring extensive fabrication for pipelines,
platforms, and refineries. In line with this,
increasing global energy consumption, fueling the
need for new exploration and production
facilities, is supporting the market expansion.
Similarly, continual technological advancements
in deepwater and ultra-deepwater exploration are
also augmenting the market demand. Furthermore,
the growing focus on improving operational
efficiency and reducing downtime is pushing
companies to invest in high-quality fabricated
equipment and impelling the market. Additionally,
the rise in offshore exploration activities is
creating lucrative opportunities in the market.
Moreover, the ongoing shift toward liquefied
natural gas (LNG) as a cleaner fuel source
increasing the need for fabrication of LNG
terminals and storage facilities, is providing an
impetus to the market. Besides this, favorable
government initiatives promoting local content in
fabrication are also supporting market growth. - Looking forward, IMARC Group expects the market
to reach US 7.7 Billion by 2032, exhibiting a
growth rate (CAGR) of 4.23 during 2024-2032. - Request for a PDF sample of this report
- https//www.imarcgroup.com/oil-gas-fabrication-mar
ket/requestsample
4Report Description
- Global Oil Gas Fabrication Market Trends
- The scope of the market is expanding with rising
global energy demand, while growth in renewable
energy is driving the development of hybrid
fabrication solutions as companies adopt more
sustainable practices. The market scope is seeing
increased activity in offshore and onshore
projects, driven by the need for advanced
fabrication solutions for complex structures.
Furthermore, continual advancements in automation
and digital technologies, such as robotics and 3D
printing, are improving fabrication efficiency,
and reducing production time, thereby enhancing
the market appeal. The market scope is expected
to grow as investments in infrastructure projects
increase, particularly for LNG facilities and
pipeline networks. - As per market analysis, ongoing research, and
development (RD) efforts aimed at enhancing the
durability and cost-effectiveness of fabrication
materials is further contributing to growth in
market scope. In addition to this, the rapid
expansion of shale gas exploration, is creating
new opportunities for fabrication services in the
market. - View Report TOC, Figures and Tables
https//www.imarcgroup.com/oil-gas-fabrication-mar
ket
5Report Segmentation
- Type Insights
- Upstream
- Midstream
- Downstream
- Application Insights
- Structural Steel Fabrication
- Process Equipment Fabrication
- Regional Insights
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia,
Indonesia, South Korea, Others) - Europe (Germany, France, United Kingdom, Italy,
Spain, Russia, Others) - Latin America (Brazil, Mexico, Others)
- Middle East and Africa
6Competitive Landscape
- Drydocks World
- Eversendai Corp (Vahana Holdings SDN. BHD.)
- Honiron Corporation
- Integrated Flow Solutions, Inc.
- Kobay Technology Bhd
- Lamprell Plc
- Larsen Toubro Limited
- Lefebvre Engineering FZC
- Northern Weldarc Ltd
- Oil States Industries, Inc.
- STI Group
- WF Steel and Crane
7Key Questions Answered in the Report
8Key Questions Answered in the Report
9Table of Contents
1 Preface 2 Scope and Methodology 2.1 Objectives
of the Study 2.2 Stakeholders 2.3 Data
Sources 2.3.1 Primary Sources 2.3.2 Secondary
Sources 2.4 Market Estimation 2.4.1 Bottom-Up
Approach 2.4.2 Top-Down Approach 2.5 Forecasting
Methodology 3 Executive Summary 4 Global Oil
Gas Fabrication Market - Introduction 4.1
Overview 4.2 Market Dynamics 4.3 Industry
Trends 4.4 Competitive Intelligence 5 Global Oil
Gas Fabrication Market Landscape 5.1 Historical
and Current Market Trends (2018-2023) 5.2 Market
Forecast (2024-2032) 6 Global Oil Gas
Fabrication Market - Breakup by Type 6.1
Upstream 6.1.1 Overview 6.1.2 Historical and
Current Market Trends (2018-2023) 6.1.3 Market
Segmentation 6.1.4 Market Forecast
(2024-2032) 6.2 Midstream
10Table of Contents
6.2.1 Overview 6.2.2 Historical and Current
Market Trends (2018-2023) 6.2.3 Market
Segmentation 6.2.4 Market Forecast
(2024-2032) 6.3 Downstream 6.3.1 Overview 6.3.2
Historical and Current Market Trends
(2018-2023) 6.3.3 Market Segmentation 6.3.4
Market Forecast (2024-2032) 6.4 Attractive
Investment Proposition by Type 7 Global Oil
Gas Fabrication Market - Breakup by
Application 7.1 Structural Steel
Fabrication 7.1.1 Overview 7.1.2 Historical and
Current Market Trends (2018-2023) 7.1.3 Market
Segmentation 7.1.4 Market Forecast
(2024-2032) 7.2 Process Equipment
Fabrication 7.2.1 Overview 7.2.2 Historical and
Current Market Trends (2018-2023) 7.2.3 Market
Segmentation 7.2.4 Market Forecast
(2024-2032) 7.3 Attractive Investment Proposition
by Application 8 Global Oil Gas Fabrication
Market Breakup by Region 8.1 North
America 8.1.1 United States 8.1.1.1 Market
Drivers 8.1.1.2 Historical and Current Market
Trends (2018-2023)
11Table of Contents
8.1.1.3 Market Breakup by Type 8.1.1.4 Market
Breakup by Application 8.1.1.5 Key
Players 8.1.1.6 Market Forecast (2024-2032) 8.1.2
Canada 8.1.2.1 Market Drivers 8.1.2.2 Historical
and Current Market Trends (2018-2023) 8.1.2.3
Market Breakup by Type 8.1.2.4 Market Breakup by
Application 8.1.2.5 Key Players 8.1.2.6 Market
Forecast (2024-2032) 8.2 Europe 8.2.1
Germany 8.2.1.1 Market Drivers 8.2.1.2 Historical
and Current Market Trends (2018-2023) 8.2.1.3
Market Breakup by Type 8.2.1.4 Market Breakup by
Application 8.2.1.5 Key Players 8.2.1.6 Market
Forecast (2024-2032) 8.2.2 France 8.2.2.1 Market
Drivers 8.2.2.2 Historical and Current Market
Trends (2018-2023) 8.2.2.3 Market Breakup by
Type 8.2.2.4 Market Breakup by Application 8.2.2.5
Key Players 8.2.2.6 Market Forecast
(2024-2032) 8.2.3 United Kingdom 8.2.3.1 Market
Drivers 8.2.3.2 Historical and Current Market
Trends (2018-2023) 8.2.3.3 Market Breakup by
Type 8.2.3.4 Market Breakup by Application
12Table of Contents
8.2.3.5 Key Players 8.2.3.6 Market Forecast
(2024-2032) 8.2.4 Italy 8.2.4.1 Market
Drivers 8.2.4.2 Historical and Current Market
Trends (2018-2023) 8.2.4.3 Market Breakup by
Type 8.2.4.4 Market Breakup by Application 8.2.4.5
Key Players 8.2.4.6 Market Forecast
(2024-2032) 8.2.5 Spain 8.2.5.1 Market
Drivers 8.2.5.2 Historical and Current Market
Trends (2018-2023) 8.2.5.3 Market Breakup by
Type 8.2.5.4 Market Breakup by Application 8.2.5.5
Key Players 8.2.5.6 Market Forecast
(2024-2032) 8.2.6 Others 8.2.6.1 Historical and
Current Market Trends (2018-2023) 8.2.6.2 Market
Forecast (2024-2032) 8.3 Asia Pacific 8.3.1
China 8.3.1.1 Market Drivers 8.3.1.2 Historical
and Current Market Trends (2018-2023) 8.3.1.3
Market Breakup by Type 8.3.1.4 Market Breakup by
Application 8.3.1.5 Key Players 8.3.1.6 Market
Forecast (2024-2032) 8.3.2 Japan 8.3.2.1 Market
Drivers 8.3.2.2 Historical and Current Market
Trends (2018-2023) 8.3.2.3 Market Breakup by
Type 8.3.2.4 Market Breakup by Application
13Table of Contents
8.3.2.5 Key Players 8.3.2.6 Market Forecast
(2024-2032) 8.3.3 India 8.3.3.1 Market
Drivers 8.3.3.2 Historical and Current Market
Trends (2018-2023) 8.3.3.3 Market Breakup by
Type 8.3.3.4 Market Breakup by Application 8.3.3.5
Key Players 8.3.3.6 Market Forecast
(2024-2032) 8.3.4 South Korea 8.3.4.1 Market
Drivers 8.3.4.2 Historical and Current Market
Trends (2018-2023) 8.3.4.3 Market Breakup by
Type 8.3.4.4 Market Breakup by Application 8.3.4.5
Key Players 8.3.4.6 Market Forecast
(2024-2032) 8.3.5 Australia 8.3.5.1 Market
Drivers 8.3.5.2 Historical and Current Market
Trends (2018-2023) 8.3.5.3 Market Breakup by
Type 8.3.5.4 Market Breakup by Application 8.3.5.5
Key Players 8.3.5.6 Market Forecast
(2024-2032) 8.3.6 Indonesia 8.3.6.1 Market
Drivers 8.3.6.2 Historical and Current Market
Trends (2018-2023) 8.3.6.3 Market Breakup by
Type 8.3.6.4 Market Breakup by Application 8.3.6.5
Key Players 8.3.6.6 Market Forecast
(2024-2032) 8.3.7 Others
14Table of Contents
8.3.7.1 Historical and Current Market Trends
(2018-2023) 8.3.7.2 Market Forecast
(2024-2032) 8.4 Latin America 8.4.1
Brazil 8.4.1.1 Market Drivers 8.4.1.2 Historical
and Current Market Trends (2018-2023) 8.4.1.3
Market Breakup by Type 8.4.1.4 Market Breakup by
Application 8.4.1.5 Key Players 8.4.1.6 Market
Forecast (2024-2032) 8.4.2 Mexico 8.4.2.1 Market
Drivers 8.4.2.2 Historical and Current Market
Trends (2018-2023) 8.4.2.3 Market Breakup by
Type 8.4.2.4 Market Breakup by Application 8.4.2.5
Key Players 8.4.2.6 Market Forecast
(2024-2032) 8.4.3 Others 8.4.3.1 Historical and
Current Market Trends (2018-2023) 8.4.3.2 Market
Forecast (2024-2032) 8.5 Middle East and
Africa 8.5.1 Market Drivers 8.5.2 Historical and
Current Market Trends (2018-2023) 8.2.3 Market
Breakup by Type 8.2.4 Market Breakup by
Application 8.5.5 Market Breakup by Country 8.5.6
Key Players 8.5.7 Market Forecast (2024-2032) 8.6
Attractive Investment Proposition by Region 9
Global Oil Gas Fabrication Market Competitive
Landscape
15Table of Contents
9.1 Overview 9.2 Market Structure 9.3 Market
Share by Key Players 9.4 Market Player
Positioning 9.5 Top Winning Strategies 9.6
Competitive Dashboard 9.7 Company Evaluation
Quadrant 10 Profiles of Key Players 10.1
Drydocks World 10.1.1 Business Overview 10.1.2
Services Offered 10.1.3 Business
Strategies 10.1.4 SWOT Analysis 10.1.5 Major News
and Events 10.2 Eversendai Corp (Vahana Holdings
SDN. BHD.) 10.2.1 Business Overview 10.2.2
Services Offered 10.2.3 Business
Strategies 10.2.4 Financials 10.2.5 SWOT
Analysis 10.2.6 Major News and Events 10.3
Honiron Corporation 10.3.1 Business
Overview 10.3.2 Services Offered 10.3.3 Business
Strategies 10.3.4 SWOT Analysis 10.3.5 Major News
and Events 10.4 Integrated Flow Solutions,
Inc. 10.4.1 Business Overview 10.4.2 Services
Offered
16Table of Contents
10.4.3 Business Strategies 10.4.4 SWOT
Analysis 10.4.5 Major News and Events 10.5 Kobay
Technology Bhd 10.5.1 Business Overview 10.5.2
Services Offered 10.5.3 Business
Strategies 10.5.4 Financials 10.5.5 SWOT
Analysis 10.5.6 Major News and Events 10.6
Lamprell Plc 10.6.1 Business Overview 10.6.2
Services Offered 10.6.3 Business
Strategies 10.6.4 SWOT Analysis 10.6.5 Major News
and Events 10.7 Larsen Toubro Limited 10.7.1
Business Overview 10.7.2 Services Offered 10.7.3
Business Strategies 10.7.4 SWOT Analysis 10.7.5
Major News and Events 10.8 Lefebvre Engineering
FZC 10.8.1 Business Overview 10.8.2 Services
Offered 10.8.3 Business Strategies 10.8.4 SWOT
Analysis 10.8.5 Major News and Events 10.9
Northern Weldarc Ltd 10.9.1 Business
Overview 10.9.2 Services Offered 10.9.3 Business
Strategies
17Table of Contents
10.9.4 SWOT Analysis 10.9.5 Major News and
Events 10.10 Oil States Industries, Inc. 10.10.1
Business Overview 10.10.2 Services
Offered 10.10.3 Business Strategies 10.10.4 SWOT
Analysis 10.10.5 Major News and Events 10.11 STI
Group 10.11.1 Business Overview 10.11.2 Services
Offered 10.11.3 Business Strategies 10.11.4 SWOT
Analysis 10.11.5 Major News and Events 10.12 WF
Steel and Crane 10.12.1 Business Overview 10.12.2
Services Offered 10.12.3 Business
Strategies 10.12.4 SWOT Analysis 10.12.5 Major
News and Events 11 Global Oil Gas Fabrication
Market - Industry Analysis 11.1 Drivers,
Restraints, and Opportunities 11.1.1
Overview 11.1.2 Drivers 11.1.3
Restraints 11.1.4 Opportunities 11.1.5
Impact Analysis 11.2 Porters Five Forces
Analysis 11.2.1 Overview 11.2.2 Bargaining
Power of Buyers 11.2.3 Bargaining Power of
Suppliers
18Table of Contents
11.2.4 Degree of Competition 11.2.5 Threat
of New Entrants 11.2.6 Threat of
Substitutes 11.3 Value Chain Analysis 12
Strategic Recommendations 13 Appendix For more
information, visit https//www.imarcgroup.com/oil
-gas-fabrication-market/toc
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