Midstream Oil & Gas Equipment

Demand for equipment used in midstream oil and gas applications in the US is expected to decline to $10.5 billion in 2019 as low oil and gas prices limit production growth and US midstream infrastructure becomes better adapted to the recent shifts in domestic energy production.This study analyzes the $12.3 billion US market for equipment used in the midstream oil and gas infrastructure. It presents historical demand data (2004, 2009, and 2014) and forecasts (2019 and 2024) by product (e.g., pipe, rail tank cars, gas treating and processing equipment, compressors, valves, pumps, storage tanks, instrumentation equipment), application (e.g., pipelines, gas processing plants, liquefied natural gas facilities, crude by rail), market (crude oil, natural gas), and US region.The study also considers market environment factors, details industry structure, evaluates company market share, and profiles 37 industry participants, including Trinity Industries, General Electric, and Greenbrier Companies.