Market Study of Oil and Gas Industry

Market Study of Oil and Gas Industry

Overview

The purpose of the study was to perform market research on the Oil and Gas industry so that Corrosion can be avoided because it is considered as the major challenge in the Oil and Gas industry.

Key Findings

  • US spends $xx Mn annually in property damage due to corrosion.
  • Oil and Gas industry is the largest market for CO2 corrosion inhibitors.

 

Demand Drivers

  • Oil price fluctuations and market rebalancing after 20xx.
  • Growing hydrocarbon demand.
  • Economic growth of emerging technologies.

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