Oil & Gas in South Korea

Oil & Gas in South Korea

Summary

Oil & Gas in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the South Korea oil & gas market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key highlights

- The oil and gas market volume is defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas by end-users in each country.
- The South Korean oil & gas market had total revenues of $46,765.7m in 2017, representing a compound annual rate of change (CARC) of -15.4% between 2013 and 2017.
- The crude oil segment was the market's most lucrative in 2017, with total revenues of $41,816.8m, equivalent to 89.4% of the market's overall value.
- Volume growth in the South Korean market has been marginal in the historic period
- as improvements in fuel efficient technology has reduced demand for energy intensive machinery. Renewable energy has also been growing in popularity in South Korea in recent years. In 2018 the country had 11.3 GW installed capacity of renewable energy. By 2030 South Korea is aiming to increase this figure to 58.5GW, 30.8GW of which will come from solar power. These factors have impacted volume consumption levels in the South Korean market.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil & gas market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in South Korea
- Leading company profiles reveal details of key oil & gas market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea oil & gas market with five year forecasts by both value and volume

Reasons to buy

- What was the size of the South Korea oil & gas market by value in 2017?
- What will be the size of the South Korea oil & gas market in 2022?
- What factors are affecting the strength of competition in the South Korea oil & gas market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's oil & gas market?

Frequently Asked Questions



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