Indian Oil And Gas Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032

  • Report ID: ME_00126847
  • Format: Electronic (PDF)
  • Publish Type: Publish
  • Number of Pages: 250
Home Energy & Power indian oil and gas market....
  • Single User $3500
  • Multi User $4500
  • Enterprise User $5500
Report Description Table Of Content Research Methodology Download Free Sample

Market Snapshot

CAGR:8.69
2023
2032

Source: Market Expertz

RND-Favicon
Study Period 2019-2032
Base Year 2023
Forcast Year 2023-2032
CAGR 8.69
Energy & Power-companies
Energy & Power-Snapshot

Gain accurate insights regarding the negative impacts of COVID-19 on all markets and industries

Download Sample Pdf
Download Sample Pdf

Report Overview

Indian Oil and Gas Market Analysis By Application (Exploration and Production, Refining, Distribution and Marketing, Others), By Type (Crude Oil, Natural Gas, Petroleum Products), and By Region Forecast to 2032:

Indian Oil and Gas Market Analysis Report 2023-2032:

The Indian Oil and Gas Market is projected to experience substantial growth with a Compound Annual Growth Rate (CAGR) of 6.85% between 2022 and 2032. This growth is expected to result in an estimated increase of USD 8,765.43 million in market size. The expansion of this market is influenced by several key factors, including the increasing energy demand, government initiatives to promote domestic production, and the growing investments in the oil and gas sector. The Indian oil and gas market plays a vital role in meeting the country's energy needs and driving economic growth.

Indian Oil and Gas Market Overview:

Drivers:

One of the primary drivers fueling the growth of the Indian Oil and Gas Market is the increasing energy demand in the country. As India's population and economy continue to grow, there is a rising need for energy to power industries, transportation, and households. This drives the demand for oil and gas products, including crude oil, natural gas, and petroleum products.

Furthermore, government initiatives to promote domestic production and reduce dependence on imports are driving market growth. The Indian government has implemented policies and reforms to attract investments in the oil and gas sector, encourage exploration and production activities, and enhance the efficiency of refining and distribution infrastructure. These initiatives aim to boost domestic production, reduce import costs, and enhance energy security.

Trends:

An emerging trend shaping the Indian Oil and Gas Market is the focus on renewable and clean energy sources. The Indian government has set ambitious targets for renewable energy capacity addition, including solar and wind power. This shift towards renewable energy sources is driven by environmental concerns, energy diversification, and the need to reduce carbon emissions. The integration of renewable energy into the oil and gas sector presents opportunities for collaboration and innovation.

Additionally, the adoption of advanced technologies such as artificial intelligence, machine learning, and Internet of Things (IoT) in the oil and gas industry is positively impacting market growth. These technologies enable efficient exploration and production operations, predictive maintenance, and real-time monitoring of assets, leading to improved operational efficiency and cost savings.

Restraints:

One of the key challenges hindering the growth of the Indian Oil and Gas Market is the volatility of oil and gas prices. Fluctuations in global oil prices can impact the profitability of oil and gas companies and influence investment decisions. Additionally, geopolitical tensions, supply-demand imbalances, and global economic factors can contribute to price volatility, posing challenges for market growth.

Furthermore, environmental concerns and the need to transition to a low-carbon economy present challenges for the oil and gas industry. The sector faces increasing pressure to reduce greenhouse gas emissions, improve energy efficiency, and adopt cleaner technologies. Adapting to these environmental regulations and transitioning to sustainable practices require significant investments and operational changes.

Indian Oil and Gas Market Segmentation By Application: The exploration and production segment is anticipated to witness substantial growth during the forecast period. India has significant potential for oil and gas reserves, both onshore and offshore. The government's focus on attracting investments in exploration and production activities, coupled with advancements in technology, is expected to drive growth in this segment.

The refining segment is another significant application area in the Indian oil and gas market. India has a robust refining industry, with several refineries catering to domestic demand and exporting petroleum products. The demand for refined products, such as gasoline, diesel, and petrochemicals, is driven by the growing transportation sector and industrial activities.

Indian Oil and Gas Market Segmentation By Type: The crude oil segment is expected to drive market growth significantly. India is one of the largest importers of crude oil globally, and the demand for crude oil is driven by the refining industry and various end-use sectors. The government's focus on reducing import dependence and promoting domestic production is expected to drive growth in this segment.

Regional Overview:


Download the report summary now!

Request pdf Sample

Download the report summary now!

Request pdf Sample

India is poised to be a key contributor to the global Oil and Gas Market, accounting for approximately 5% of the market's growth during the forecast period. The country's growing population, rapid urbanization, and industrialization drive the demand for oil and gas products. Additionally, the government's initiatives to promote domestic production and attract investments in the sector create a conducive environment for market growth.

The presence of major oil and gas companies, both domestic and international, further drives market growth in India. These companies are investing in exploration and production activities, refining infrastructure, and distribution networks to meet the country's energy needs.

Indian Oil and Gas Market Customer Landscape: The Indian Oil and Gas Market report encompasses the customer adoption lifecycle, ranging from innovators to laggards. It delves into adoption rates across different regions based on penetration and includes key purchase criteria and price sensitivity drivers to assist companies in formulating effective growth strategies.

Major Indian Oil and Gas Market Companies: Companies in the Indian oil and gas market are employing diverse strategies such as partnerships, mergers, acquisitions, geographic expansion, and product/service launches to strengthen their market presence.

Example companies include:

Reliance Industries Limited: Reliance Industries Limited is a leading player in the Indian oil and gas market, with a strong presence in refining, petrochemicals, and exploration and production. The company has made significant investments in expanding its refining capacity and exploring new oil and gas reserves.

Indian Oil Corporation Limited: Indian Oil Corporation Limited is a state-owned oil and gas company with a dominant presence in the Indian market. The company is involved in refining, marketing, and distribution of petroleum products, and operates a vast network of retail outlets across the country.

Bharat Petroleum Corporation Limited: Bharat Petroleum Corporation Limited is another major player in the Indian oil and gas market. The company is engaged in refining, marketing, and distribution of petroleum products, and has a strong presence in the retail segment.

  1. Indian Oil Corporation Limited (IOCL)
  2. Bharat Petroleum Corporation Limited (BPCL)
  3. Hindustan Petroleum Corporation Limited (HPCL)
  4. Reliance Industries Limited
  5. Oil and Natural Gas Corporation Limited (ONGC)
  6. GAIL (India) Limited
  7. Essar Oil Limited
  8. Cairn India Limited
  9. Oil India Limited
  10. Petronet LNG Limited
  11. Chennai Petroleum Corporation Limited (CPCL)
  12. Gujarat State Petroleum Corporation Limited (GSPC)
  13. Mangalore Refinery and Petrochemicals Limited (MRPL)
  14. Bharat Oman Refineries Limited (BORL)
  15. Indian Oil Tanking Limited (IOTL)
  16. Numaligarh Refinery Limited (NRL)
  17. Gas Authority of India Limited (GAIL)
  18. Hindustan Oil Exploration Company Limited (HOEC)
  19. Gujarat Gas Limited
  20. Indraprastha Gas Limited (IGL)

The competitive landscape analysis in the report provides insights into key market players in the Indian oil and gas market. Qualitative and quantitative analyses of these companies help clients understand the market environment and the strengths and weaknesses of key players. Companies are categorized based on focus, dominance, and strength.

Segment Overview:

The Indian Oil and Gas Market report forecasts revenue growth at global, regional, and country levels and offers an analysis of trends and growth opportunities from 2019 to 2032.

  • Application Outlook (USD Million, 2019 - 2032):
  • Exploration and Production
  • Refining
  • Distribution and Marketing
  • Others
  • Type Outlook (USD Million, 2019 - 2032):
  • Crude Oil
  • Natural Gas
  • Petroleum Products
  • Geography Outlook (USD Million, 2019 - 2032):
  • North America
  • United States
  • Canada
  • Europe
  • United Kingdom
  • Germany
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Latin America
  • Brazil
  • Mexico
  • Middle East & Africa
  • United Arab Emirates
  • South Africa
  • Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL Indian oil and gas MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition   

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. Indian oil and gas MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Indian oil and gas Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

    4.5.1. Indian oil and gas Of Suppliers

    4.5.2. Indian oil and gas Of Buyers

    4.5.3. Threat Of Substitutes

    4.5.4. Threat Of New Entrants

    4.5.5. Competitive Rivalry

Chapter 5. Indian oil and gas MARKET BY type landscape

SIGHTS & TRENDS                                                               

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 Type 1

    5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3 Type 2

    5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.4 Type 3

    5.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. Indian oil and gas MARKET BY End user INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2 End user 1

    6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3 End user 2

    6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.4 End user 3

    6.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. Indian oil and gas MARKET REGIONAL OUTLOOK

7.1. Indian oil and gas Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

    7.2.1. North America Indian oil and gas Market Estimates And Forecast, 2016 – 2027 (USD Million)

    7.2.2. North America Indian oil and gas Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.3. North America Indian oil and gas Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.4. North America Indian oil and gas Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

    7.2.5.1. U.S. Indian oil and gas Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.5.2. U.S. Indian oil and gas Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.5.3. U.S. Indian oil and gas Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.5.4. U.S. Indian oil and gas Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

    7.2.6.1. Canada Indian oil and gas Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.6.2. Canada Indian oil and gas Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.6.3. Canada Indian oil and gas Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.6.4. Canada Indian oil and gas Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

    7.3.1. Europe Indian oil and gas Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.2. Europe Indian oil and gas Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.3. Europe Indian oil and gas Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.4. Europe Indian oil and gas Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

    7.3.5.1. Germany Indian oil and gas Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.5.2. Germany Indian oil and gas Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.5.3. Germany Indian oil and gas Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.5.4. Germany Indian oil and gas Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

    7.3.6.1. France Indian oil and gas Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.6.2. France Indian oil and gas Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.6.3. France Indian oil and gas Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.6.4. France Indian oil and gas Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

    7.3.7.1. U.K. Indian oil and gas Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.7.2. U.K. Indian oil and gas Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.7.3. U.K. Indian oil and gas Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.7.4. U.K. Indian oil and gas Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

    7.4.1. Asia Pacific Indian oil and gas Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.4.2. Asia Pacific Indian oil and gas Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.4.3. Asia Pacific Indian oil and gas Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.4. Asia Pacific Indian oil and gas Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

 7.4.5. CHINA

     7.4.5.1. China Indian oil and gas Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.5.2. China Indian oil and gas Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.5.3. China Indian oil and gas Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

     7.4.5.4. China Indian oil and gas Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

     7.4.6.1. India Indian oil and gas Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.6.2. India Indian oil and gas Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.6.3. India Indian oil and gas Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

     7.4.6.4. India Indian oil and gas Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

     7.4.7.1. Japan Indian oil and gas Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.7.2. Japan Indian oil and gas Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.4.7.3. Japan Indian oil and gas Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.7.4. Japan Indian oil and gas Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

    7.4.8.1. Australia Indian oil and gas Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.4.8.2. Australia Indian oil and gas Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.8.3. Australia Indian oil and gas Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.8.4. Australia Indian oil and gas Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

    7.5.1. Mea Indian oil and gas Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.5.2. Mea Indian oil and gas Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.5.3. Mea Indian oil and gas Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.5.4. Mea Indian oil and gas Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

     7.6.1. Latin America Indian oil and gas Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.6.2. Latin America Indian oil and gas Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.6.3. Latin America Indian oil and gas Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.6.4. Latin America Indian oil and gas Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

    7.6.5. Latin America Indian oil and gas Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

    8.2.1. New Product Launches

    8.2.2. Investment & Expansion

    8.2.3. Acquisitions

    8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

     8.3.1. North American Suppliers

     8.3.2. European Suppliers

     8.3.3. Asia-Pacific Suppliers

     8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 Oil and Natural Gas Corporation

    9.1.1. Company Overview

    9.1.2. Financial Performance

    9.1.3. Product Insights

    9.1.4. Strategic Initiatives

9.2 Oil India Limited

    9.2.1. Company Overview

    9.2.2. Financial Performance

    9.2.3. Product Insights

    9.2.4. Strategic Initiatives

9.3 Reliance Industries

    9.3.1. Company Overview

    9.3.2. Financial Performance

    9.3.3. Product Insights

    9.3.4. Strategic Initiatives

9.4 Indian Oil Corporation Limited

    9.4.1. Company Overview

    9.4.2. Financial Performance

    9.4.3. Product Insights

    9.4.4. Strategic Initiatives

9.5 Punj Lloyd Limited

    9.5.1. Company Overview

    9.5.2. Financial Performance

    9.5.3. Product Insights

    9.5.4. Strategic Initiatives

9.6 Company 6

    9.6.1. Company Overview

    9.6.2. Financial Performance

    9.6.3. Product Insights

    9.6.4. Strategic Initiatives

9.7 Company 7

   9.7.1. Company Overview

    9.7.2. Financial Performance

    9.7.3. Product Insights

    9.7.4. Strategic Initiatives

9.8 Company 8

    9.8.1. Company Overview

    9.8.2. Financial Performance

    9.8.3. Product Insights

    9.8.4. Strategic Initiatives

9.9 Company 9

    9.9.1. Company Overview

    9.9.2. Financial Performance

    9.9.3. Product Insights

    9.9.4. Strategic Initiatives

9.10 Company 10

    9.10.1. Company Overview

    9.10.2. Financial Performance

    9.10.3. Product Insights

    9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

You can also purchase parts of this report. Do you want to check out a section wise price list?
Request for Special Pricing

Personalized Business Report Tailored to Your Requirements

  • Our expert analysts collaborate directly with you to comprehend your specific needs.
  • Get data on regions, segments, competitors, and vendors of your choice.
  • Information is presented in alignment with your exact preferences and formatting.
Request for customization
Report Snapshot
Free Sample Report

"Find new revenue generation opportunities"