Press release
Floating Production Storage and Offloading (FPSO) Market Facts, Developments, Growth, Solutions & Applications
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Floating Production, Storage, and Offloading (FPSO) is a floating tank system used by the oil and gas industry particularly in offshore operations. Floating production vessels are built with processing facilities, allowing it to handle the oil or gas it receives from nearby platforms or templates. Processed oil or gas is stored in the FPSO until a sufficient amount has been collected to fill a tanker. At which point, the unit offloads the stored material using a loading hose into a tanker going ashore.
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FPSO vessels are popular as they can be easily moved and installed to nearby platforms and also allow for easy transportation of oil to tankers or pipelines. Once an existing field has been depleted FPSO can then be moved to other locations. This makes them suitable for smaller fields which can be depleted quickly and avoids the need for installing permanent expensive pipelines.
The vessels often take the form of traditional tankers. In addition to dedicated vessels that are designed for FPSO, oil and gas tankers can be converted to an FPSO vessel which also makes them an economical and flexible option
Several factors drive the FPSO industry developing, such as rising demand of oil, mostly from developing economies, depleting easily accessible oil reserves, and so on.
Entering 2010, with the global economic recovery from financial crisis, the demand for oil has a large growth and since then, FPSO market is regaining the pre-recession growth rate. In global FPSO industry, Korea, Singapore and China are still the largest three manufacturing countries and contributed to more than 80% of the total FPSO products.
In the next few years, with the stable improvement of global economic, FPSO industry will develop stably, as well as other offshore engineering equipment.
The Floating Production Storage and Offloading (FPSO) market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Floating Production Storage and Offloading (FPSO).
Read more Professional & Technical industry insights at: https://www.qyresearchreports.com/report/global-floating-production-storage-and-offloading-fpso-market-insights-forecast-to-2025.htm
The following manufacturers are covered in this report:
Jiangsu Qili
HFM
Nantong Metal forming
Zhejiang Weili
Rongcheng Metal Forming
Schuler
Jier Machine-tool
Floating Production Storage and Offloading (FPSO) Breakdown Data by Type
Spread Mooring
Single Point Mooring (SPM)
Dynamic Positioning (DP)
Floating Production Storage and Offloading (FPSO) Breakdown Data by Application
Shallow Water
Deep Water
Ultra-deep Water
Floating Production Storage and Offloading (FPSO) Production by Region
United States
Europe
China
Japan
Other Regions
Other Regions
Floating Production Storage and Offloading (FPSO) Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Floating Production Storage and Offloading (FPSO) status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Floating Production Storage and Offloading (FPSO) manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Floating Production Storage and Offloading (FPSO) :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Floating Production Storage and Offloading (FPSO) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
QYResearchReports delivers the latest strategic market intelligence to build a successful business footprint in China. Our syndicated and customized research reports provide companies with vital background information of the market and in-depth analysis on the Chinese trade and investment framework, which directly affects their business operations. Reports from QYResearchReports feature valuable recommendations on how to navigate in the extremely unpredictable yet highly attractive Chinese market.
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