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Global Downstream Asset Maintenance Spend Is Expected To Total $336 Billion (BN), An Increase Of 7% When Compared To The Previous Five-Year Period Between 2017 and 2021

09-05-2016 02:07 PM CET | Energy & Environment

Press release from: OMENSOL

www.omensol.com

www.omensol.com

World Downstream Maintenance Market Forecast 2017-2021 (Upcoming Report)

The World Downstream Maintenance Market Forecast 2017-2021 analyses the demand for maintenance in two key equipment and service lines: downstream asset services and downstream asset integrity services, and across four facility types: refineries, petrochemical plants, gas processing and LNG.

"Leaner Downstream MMO Sector Sees Renewed Activity"

The latest view from the downstream asset maintenance market paints a positive outlook for the sector. The industry is emerging from a period of aggressive cost pressure and is now seeing renewed activity. Lower margins are improving asset owner appetite; using downtime to perform downstream maintenance activity that may have been deferred previously.

The World Downstream Maintenance Market Forecast 2017-2021 combines a ‘bottom-up’ (facility-by-facility) view of the sector with extensive industry interviews to give a granular and realistic appraisal of current and expected activity.

Between 2017 and 2021, global downstream asset maintenance spend is expected to total $336 billion (bn), an increase of 7% when compared to the previous five-year period. In 2016, expenditure will total $59bn for the world’s global downstream asset population of approximately 14,000 facilities. Driving this spend is an ageing existing asset population and a number of new installations – both greenfield developments and brownfield expansion projects.

By sector, Asset Services accounts for the majority of expenditure, 72%, with Asset Integrity making up the remaining 28%. North America and Asia dominate global expenditure, with 34% and 28% of spend over the forecast period respectively.

The World Downstream Maintenance Market Forecast 2017-2021 analyses the demand for maintenance across eight key equipment and service lines within downstream asset services and downstream asset integrity services, and across four facility types: refineries, petrochemical plants, gas processing and LNG. The report includes:

~ Drivers & Indicators – in depth discussion of the factors encouraging asset maintenance expenditure including: E&P trends, oil & gas prices, analysis of the oil price downturn, downstream facility population, asset lifecycle, policies & regulation and trends & drivers detailed by refinery, petrochemical, gas processing and LNG.
~ Service Line Analysis – for downstream asset services and asset integrity services split out by service line, asset type and region with competitive landscape and detailed supply chain analysis.
~ Regional Analysis – expenditure by service line 2012-2021 with trend commentary for Africa, Asia, Australasia, Eastern Europe & FSU, Latin America, Middle East, North America and Western Europe.

Why purchase the Downstream Maintenance Market Forecast?

This market forecasting is trusted by sector players worldwide, with clients including the world’s top-10 Oil & Gas companies, top-10 Oilfield services companies and top-10 private equity firms.

An essential report – for financial institutions, equipment manufacturers, operations & maintenance companies and contractors, oil & gas companies and government agencies & departments wanting to make more informed investment decisions.

Our proven approach includes:

~ Unique and proprietary data – updated year-round from published sources and insight gained from industry consultation.
~ Detailed Methodology – the report uses research from our own in-house downstream databases for refineries, petrochemicals, gas processing and LNG, an information system exclusive to DW, to form the basis of the models. Assumptions used to generate market demand are the result of our primary and secondary research. Demand-side analysis by service line provides a metric on which to establish future opportunities and provide a context for market share assessment.
~ Comprehensive Market forecasts – examination, analysis and 10-year coverage of expenditure.
~ Concise report layout – consistent with DW’s commitment to delivering value for our clients, all our market forecasts have a concise layout consisting of industry background and supporting materials condensed to enable quick review with ‘speed-read’ summaries of key points throughout.

"Leaner Downstream MMO Sector Sees Renewed Activity" (PDF Format)

For more info, please visit: www.omensol.com
or Contact Directly:

Kinshuk Sen
bnu@omensol.com
+91 875 003 0003
OMEN MS

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OMEN Market Solutions is a single source for all market research needs. We offer you customization options on Industry reports. Omensol.com is a unique platform that provides you access to business information services from various publishers, works as a search engine, which offers complete access to the largest online collection of Industry reports available. With comprehensive information about the publishers and the industries for which they publish market research reports. We help you in your purchase decision by mapping your information needs with our huge collection of reports.

OMEN Market Solutions is targeted at only one specific purpose – to increase the success rate of our business partners by empowering them with consumer knowledge, research reports, industry reports, published reports, customized research, consultation, strategic analysis, daily & weekly news updates.

Our clients share a common goal, which is to seek a better understanding of the industries, technologies, issues, and participants in their industries. We contribute to the understanding with our extensive range of products that provide the information needed by executives, managers and professionals to make well-informed tactical and strategic business decisions.

OMEN MS
13, G.N. Market,
Moti Nagar, N.D 15,
India
www.omensol.com

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