Oil and Gas Logistics Market - Industry Structure Evaluation, Demand Drivers Analysis, Regional Growth Analysis and Identification, Competitive Positioning Review & Global Market Size Forecast to 2032
Overview
The Oil and Gas Logistics Market size was valued at USD 1.38 Billion in 2024 and the total Oil and Gas Logistics revenue is expected to grow at a CAGR of 6.7% from 2025 to 2032, reaching nearly USD 2.33 Billion.
Oil and Gas Logistics Market Dynamics:
Discoveries of oil and gas fields and the upsurge in oil and gas exploration and production activities are likely to fuel the market growth. The growing demand for the contract logistic service owing to their advanced technologies and more specialized service are expected to impel the market growth in the coming years. For instance, Agility Logistics Services Pte Ltd moved more than 6,500 tons of modular refinery materials from China to the Netherlands. Spill and leakage issues during oil and gas transportation and large equipment and remote location of drilling may hamper the market growth at the global level. The rise in demand for petroleum products are projected to create growth opportunities in the market.
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The report has covered region wise market trends with competitive landscape. The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Oil and Gas Logistics Market Segment Analysis:
Offshore segment has led the global oil and gas logistics market in 2024
Based on application, the offshore segment has led the global market in 2024 and is expected to grow at a CAGR of xx% during the forecast period. The availability of significant untapped hydrocarbon reserves and rising crude oil production to cater to the growing energy demand are fuelling the segment growth in the coming years. Increasing investments in the E&P activities along with growing industrial and commercial applications of crude oil & natural gas has a positive impact on the segment growth in the market. The report covered a detailed analysis of all segments in the global market.
Regional Analysis:
North America held the dominant market share of more than xx% in 2024
North America held the dominant market share of xx% in 2024 and is expected to reach US$ xx Mn by the end of 2032, with a CAGR of xx%. An increase in the E&P expenditure of oil and gas production companies and favorable government policies for oil and gas transportation are propelling the global oil and gas market over the forecast period. The US is the leading contributor to regional market growth. The US oil and gas logistic market is driven by the availability of large reserves, financial support, energy security concerns, and technological improvements in logistics services related to gas storage and upstream logistics support. North America is expected to grow at a CAGR of 7.4% during the forecast period thanks to the growth in unconventional hydrocarbon reserves.
Middle East Africa accounted for the second-largest market share of xx% in 2024 and is projected to grow at a CAGR of xx% during the forecast period owing to the presence of a large number of oil and gas companies. In terms of value, Asia Pacific is estimated to reach US$ xx Mn by the end of 2032 thanks to the rising demand for petrochemical products in emerging economies like China and India.
The objective of the report is to present a comprehensive analysis of the global market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding global market dynamics, structure by analyzing the market segments and project the global market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the global market make the report investor’s guide.
Oil and Gas Logistics Market Scope : Inquire before buying
| Oil & Gas Logistics Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2024 | Forecast Period: | 2025-2032 |
| Historical Data: | 2019 to 2024 | Market Size in 2024: | USD 1.38 Bn. |
| Forecast Period 2025 to 2032 CAGR: | 6.7% | Market Size in 2032: | USD 2.33 Bn. |
| Segments Covered: | by Application | Offshore Onshore |
|
| by Type | Upstream Midstream Downstream |
||
Oil and Gas Logistics Market, by Region:
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (razil, Argentina Rest of South America)
Oil and Gas Logistics Market, Key Players:
1. ASCO
2. CEVA Logistics
3. CH Robinson
4. Expeditors International of Washington
5. GAC Logistics
6. Panalpina
7. Ryder Systems
8. Gulf Agency
9. Agility Project Logistics
10. Kuehne + Nagel
11. BDP
12. DB Schenker
13. Crown Logistics
14. Neovia Logistics
15. A.Hartrodt
16. SGS Logistics
17. SDV International Logistics
18. Bollore Africa Logistics
Frequently Asked questions
1. What was the Global Oil and Gas Logistics Market size in 2024?
Ans: The Global Oil and Gas Logistics Market size was USD 1.38 Billion in 2024.
2. What are the different segments of the Global Oil & Gas Logistics Market?
Ans. The Global Oil & Gas Logistics Market is divided into Application and Type.
3. What is the study period of this market?
Ans. The Global Oil & Gas Logistics Market will be studied from 2024 to 2032.
4. Which region is expected to hold the highest Global Oil & Gas Logistics Market share?
Ans. The North America dominates the market share in the market.
5. What is the Forecast Period of Global Oil & Gas Logistics Market?
Ans. The Forecast Period of the market is 2025-2032 in the market.