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EXECUTIVE SUMMARY
Global - Oil & Gas 0199 - 2116 - 2010
Datamonitor. This profile is a licensed product and is not to be photocopied Page 1
EXECUTIVE SUMMARY
Market value
The global oil & gas market grew by 30.4% in 2010 to reach a value of $2,642.5 billion.
Market value forecast
In 2015, the global oil & gas market is forecast to have a value of $3,699.4 billion, an increase of 40%
since 2010.
Market volume
The global oil & gas market grew by 16.3% in 2010 to reach a volume of 73.8 billion BOE.
Market volume forecast
In 2015, the global oil & gas market is forecast to have a volume of 91.8 billion BOE, an increase of
24.4% since 2010.
Market segmentation I
Crude oil is the largest segment of the global oil & gas market, accounting for 79.7% of the market's total
value.
Market segmentation II
Americas accounts for 34.9% of the global oil & gas market value.
Market rivalry
Oil and gas companies are typically large, integrated players that benefit from their scales of operations.
The presence of such incumbents intensifies rivalry in the market.
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