Mining, Oil & Gas Products & Services · Direct
Monitoring · monthly
Procurement Category Intelligence

Midstream Oil & Gas Services

Overview
Market size
$400
global, USD
CAGR
4.2%
base to forecast
Buyer power
-1.9
supplier-favoured
Suppliers
6
tracked players
Signals
12
1 high severity

Market outlook

2031$491

What changed

Demand by region

North America demand32%
Asia Pacific demand30%
Europe demand18%
Middle East and Africa demand12%
Rest of world demand8%
share of global demandtotal 100%

Cost drivers

Capital expenditures and steel infrastructure35%
Field operations and skilled maintenance labor25%
Energy and electricity for pipeline compression20%
Regulatory compliance and environmental permits12%
Insurance and asset security8%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked