Floating production storage and offloading vessels are offshore production facilities that club both storage and processing equipment for produced hydrocarbons. The basic design of most floating production storage and offloading vessel comprises a boat molded vessel with processing equipment or topsides on the vessel's deck and hydrocarbon storage underneath the dual hull. Floating production storage and offloading vessels store oil or gas after processing and periodically shuttle it to tankers.
Market Data Analysis:
The Floating Production Storage and Offloading (FPSO) market is projected to be valued at USD 26,780 million in 2019 and is anticipated to generate revenue of USD 55,110 million by the end of 2026, progressing at a GAGR of 10.86% between 2019 and 2026.
Floating Production Storage and Offloading (FPSO) global market is significantly rising across the globe on the back of growing investments toward offshore exploration and development activities along with advancing deep-water technologies. Moreover, the increasing number of marginal oil reserves found and mined in remote offshore areas coupled with the ability of FPSOs to operate without fixed structural support will also boost the growth of the market. However, high capital investment is expected to restrain the growth of the market.
Latin America held the major market share in 2018 and is anticipated to garner growth during the forecast period, owing to favorable government initiatives and strong stance of state-owned enterprises along with the discovery of vast reserves of pre-salt oil. Asia-Pacific accounts for a market share of 30.51%, followed by North America and Europe, accounting for 20.36% and 11.59%.
Get FREE Sample of Floating Production Storage and Offloading (FPSO) Market Report at:
Market Classification:
Global Floating Production Storage and Offloading (FPSO) market: Type segments
l Converted
l New-build
l Redeployed
Global Floating Production Storage and Offloading (FPSO) market: Application segments
l Nitrogen Generation
l Seawater Injection
l Fuel Gas Treatment
l Crude Oil Separation
l Chemical Injection
l Other
Global Floating Production Storage and Offloading (FPSO) market: regional segments
l North America (United States, Canada, and Mexico)
l Europe (Germany, France, UK, Russia, and Italy)
l Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
l South America (Brazil, Argentina, Columbia)
l The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Purchase a copy of Floating Production Storage and Offloading (FPSO) report at:
To gain insight into the competitive landscape, the report includes an overview of key players in the Floating Production Storage and Offloading (FPSO) market, including BW Offshore, SBM, Modec, Bluewater, Teekay Petrojart, Bumi Armada, Maersk, Fred. Olsen, Salpen, Rubicon Offshore, Emas, COSCO Shipyard, Yinson Holdings Berhad, Sembcorp Marine, etc. These participants have adopted various growth strategies to meet the growing demand for Floating Production Storage and Offloading (FPSO) market and to increase their market share.
Floating Production Storage and Offloading (FPSO) Market Intended Audience:
l Floating Production Storage and Offloading (FPSO) manufacturers
l Floating Production Storage and Offloading (FPSO) importers and exporters
l Floating Production Storage and Offloading (FPSO) traders, distributors, and suppliers
l Floating Production Storage and Offloading (FPSO) industry associations
l Product managers, Floating Production Storage and Offloading (FPSO) industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
l Government agencies and NGOs
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Floating Production Storage and Offloading (FPSO) Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Floating Production Storage and Offloading (FPSO) Market by Types
4 Segmentation of Floating Production Storage and Offloading (FPSO) Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Floating Production Storage and Offloading (FPSO) Market in Major Countries
7 North America Floating Production Storage and Offloading (FPSO) Landscape Analysis
8 Europe Floating Production Storage and Offloading (FPSO) Landscape Analysis
9 Asia Pacific Floating Production Storage and Offloading (FPSO) Landscape Analysis
10 Latin America, Middle East & Africa Floating Production Storage and Offloading (FPSO) Landscape Analysis
11 Major Players Profile
11.1 BW Offshore
11.1.1 BW Offshore Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 SBM
11.3 Modec
11.4 Bluewater
11.5 Teekay Petrojart
11.6 Bumi Armada
11.7 Maersk
11.8 Fred. Olsen
11.9 Salpen
11.10 Rubicon Offshore
11.11 Emas
11.12 COSCO Shipyard
11.13 Yinson Holdings Berhad
11.14 Sembcorp Marine
…
Ask for a discount at:
About Global Market Monitor
Global Market Monitor is a company that provides comprehensive services and products to global clients. We regularly update new reports on the website, ensuring that our clients stay abreast of the latest trends in their industries.
We engage in a wide, diverse range of international businesses and have established a sound customer base with about 11,000 clients in over 102 countries and regions. Headquartered in the USA and with 6 global offices around the world, it is convenient for Global Market Monitor to get a global view for global clients.
We are always committed to delivering customized market research solutions with the highest quality. As an information service company, we are specialized in offering market intelligence services from more than 500 research institute, involving plenty of industries, companies, trends, market drivers and other strategic data. About 100 million statistics with tables, figures and datasets are easy to access. Reports provided by Global Market Monitor can reveal the interrelationship between industries and markets so that our clients have a better understanding of the global economy, risk, opportunity, and financial impact.
For more information:
Global Market Monitor
One Pierrepont Plaza, 300 Cadman Plaza W, Brooklyn,
NY 11201, USA
Name: Rebecca Hall
Phone: + 1 (347) 467 7721
Email: info@globalmarketmonitor.com
Web Site: https://www.globalmarketmonitor.com
We provide more professional and intelligent market reports to complement your business decisions.