The Global Oil & Gas Fabrication Market Size was valued at USD 5.2 billion in 2021. The market is projected to grow USD 17.8 billion in 2028, at a CAGR of 3.5%. Fabrication is the process of integrating typically standardised parts with one or more separate procedures to create products. Steel manufacturing, for example, involves a variety of procedures such as cutting, bending, and assembling metal structures. Various gases are used for the fabrication processes while natural gas demand is predicted to be supplemented during the projection period due to its lower cost when compared to other fossil fuels. The natural gas pipeline network is predicted to expand in tandem with rising natural gas consumption, which will benefit the worldwide oil and gas pipeline fabrication and construction market in the coming years. The rising investment on manufacturing activities is fueling the growth of global oil & gas fabrication market. Infrastructure, tools, and components used in production must all be sturdy and supportive in the advanced oil and gas business. The support of on- and off-shore resource exploration is the focus of sheet metal fabrication in the oil and gas industry.
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The study’s scope includes a rating of main service providers, profits and pricing in key market segments utilizing business scenarios. The Oil & Gas Fabrication research study also investigates the supply chain and industry dealers in depth. The market study also considers a number of crucial elements that influence the global industry’s growth. The report also provides a statistical picture of the global industry, indicating the number of external and internal driving and restraining factors. The Market Research study’s global market research study will feature a large amount of unique data. A number of Oil & Gas Fabrication industry professionals and key opinion leaders also do extensive quantitative and qualitative research in order to obtain a better understanding of the market and industry performance.
The report provides a comprehensive analysis of company profiles listed below:
Integrated Flow Solutions, Inc.
WF Steel and Crane
Joulon (Derrick Services (UK) Limited (DSL))
STI Group
Chantier Davie Canada Inc.
Larsen & Toubro Limited
NPCC
Eversendai
Lefebvre Engineering FZC
THE DENHOLM GROUP
Oil States Industries, Inc.
Honiron Manufacturing
Kobay Technology Bhd
Type Analysis of World Wide Market:
Structural steel fabrication
Process Equipment Fabrication
Segmentation of global Oil & Gas Fabrication Market by Application:
Upstream
Downstream
The study report offers a comprehensive analysis of Oil & Gas Fabrication Market size across the globe as regional and country level market size analysis, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background and sales analysis of the payers. Along with that, the report explains the major challenges and risks to face in the forecast period. Global Oil & Gas Fabrication Market is segmented by Type, by Application, Players, stakeholders and other participants in the global Market will be able to gain the upper hand as they use the report as a powerful resource.
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America (Brazil, Argentina and Colombia etc.)
• Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
Scope of this Report:
• This report segments the global Oil & Gas Fabrication market comprehensively and provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.
• The report helps stakeholders understand the pulse of the Oil & Gas Fabrication market and provides them with information on key market drivers, restraints, challenges and opportunities.
• This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem, new product development, agreement and acquisitions.
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This research report gives detailed data about the major factors influencing the growth of the Oil & Gas Fabrication market at the global level forecast of the market size, in terms of value, Oil & Gas Fabrication market share by region and segment, regional market positions, segment and country opportunities for growth, Key company profiles, SWOT Analysis, product portfolio and growth strategies. In this report, the market’s essential sides such as top participants, expansion strategies, business models and other market features to improve Oil & Gas Fabrication market insight.
