Oil & Gas Equipment & Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Gas Processing Plants
Overview
Market size
$32.0B
global, USD
CAGR
5.6%
base to forecast
Buyer power
-1.6
supplier-favoured
Suppliers
7
tracked players
Signals
12
monitored
Market outlook
2031$42.0B
What changed
Demand by region
North America demand35%
Middle East & Africa demand25%
Asia Pacific demand20%
Europe demand12%
Rest of world demand8%
share of global demandtotal 100%
Cost drivers
EPC engineering and construction labor40%
Cryogenic separation and advanced membrane equipment25%
Raw natural gas feedstock and utilities15%
Structural steel and piping materials12%
Regulatory compliance and environmental permitting8%
share of delivered cost (analyst estimate)