Singapore Oil and Gas Market Summary, Competitive Analysis and Forecast to 2028

Oil & Gas in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

– The oil and gas market volume is defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas by end-users in each country. The value of the oil segment reflects the total volume of refined petroleum products, including refinery consumption and losses, multiplied by the average retail price of gasoline and diesel taken together. The value of the gas segment is calculated as the total volume of natural gas consumed multiplied by the retail price of natural gas.

– The Singaporean oil & gas market recorded revenues of $144.4 billion in 2023, representing a compound annual growth rate (CAGR) of 7.5% between 2018 and 2023.

– Market consumption volume increased with a CAGR of 0.2% between 2018 and 2023, to reach a total of 584.8 million BoE in 2023.

– The contraction in the oil & gas market in recent years can be attributed to the growing sales of electric vehicles. According to MarketLine, the Singaporean hybrid and electric cars market stood at $12 billion in 2023, an increase of 18.1% from the previous year.

Scope

– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil & gas market in Singapore

– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in Singapore

– Leading company profiles reveal details of key oil & gas market players’ global operations and financial performance

– Add weight to presentations and pitches by understanding the future growth prospects of the Singapore oil & gas market with five year forecasts by both value and volume

Reasons to buy

- What was the size of the Singapore oil & gas market by value in 2023?

- What will be the size of the Singapore oil & gas market in 2028?

- What factors are affecting the strength of competition in the Singapore oil & gas market?

- How has the market performed over the last five years?

- What are the main segments that make up Singapore's oil & gas market?

Companies mentioned

Exxon Mobil Corporation

Shell plc.

Chevron Corporation

PetroChina Company Limited

Table of Contents

1 Executive Summary

1.1. Market value

1.2. Market value forecast

1.3. Category segmentation

1.4. Geography segmentation

1.5. Market rivalry

1.6. Competitive landscape

2 Market Overview

2.1. Market definition

2.2. Market analysis

3 Market Data

3.1. Market value

4 Market Segmentation

4.1. Category segmentation

4.2. Geography segmentation

5 Market Outlook

5.1. Market value forecast

6 Five Forces Analysis

6.1. Summary

6.2. Buyer power

6.3. Supplier power

6.4. New entrants

6.5. Threat of substitutes

6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the leading players?

7.2. What strategies do the leading players follow?

7.3. What are the strengths of the leading player?

7.4. What is the rationale behind recent M&A activity?

8 Company Profiles

8.1. Exxon Mobil Corporation

8.2. Shell plc.

8.3. Chevron Corporation

8.4. PetroChina Company Limited

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology

10.2. Industry associations

10.3. About MarketLine

List of Tables

Table 1: Singapore oil & gas market value: $ million, 2018–23

Table 2: Singapore oil & gas market category segmentation: % share, by value, 2018–2023

Table 3: Singapore oil & gas market category segmentation: $ million, 2018-2023

Table 4: Singapore oil & gas market geography segmentation: $ million, 2023

Table 5: Singapore oil & gas market value forecast: $ million, 2023–28

Table 6: Exxon Mobil Corporation: key facts

Table 7: Exxon Mobil Corporation: Annual Financial Ratios

Table 8: Exxon Mobil Corporation: Key Employees

Table 9: Exxon Mobil Corporation: Key Employees Continued

Table 10: Shell plc.: key facts

Table 11: Shell plc.: Annual Financial Ratios

Table 12: Shell plc.: Key Employees

Table 13: Chevron Corporation: key facts

Table 14: Chevron Corporation: Annual Financial Ratios

Table 15: Chevron Corporation: Key Employees

Table 16: Chevron Corporation: Key Employees Continued

Table 17: PetroChina Company Limited: key facts

Table 18: PetroChina Company Limited: Annual Financial Ratios

Table 19: PetroChina Company Limited: Key Employees

Table 20: Singapore size of population (million), 2019–23

Table 21: Singapore gdp (constant 2005 prices, $ billion), 2019–23

Table 22: Singapore gdp (current prices, $ billion), 2019–23

Table 23: Singapore inflation, 2019–23

Table 24: Singapore consumer price index (absolute), 2019–23

Table 25: Singapore exchange rate, 2019–23

List of Figures

Figure 1: Singapore oil & gas market value: $ million, 2018–23

Figure 2: Singapore oil & gas market category segmentation: $ million, 2018-2023

Figure 3: Singapore oil & gas market geography segmentation: % share, by value, 2023

Figure 4: Singapore oil & gas market value forecast: $ million, 2023–28

Figure 5: Forces driving competition in the oil & gas market in Singapore, 2023

Figure 6: Drivers of buyer power in the oil & gas market in Singapore, 2023

Figure 7: Drivers of supplier power in the oil & gas market in Singapore, 2023

Figure 8: Factors influencing the likelihood of new entrants in the oil & gas market in Singapore, 2023

Figure 9: Factors influencing the threat of substitutes in the oil & gas market in Singapore, 2023

Figure 10: Drivers of degree of rivalry in the oil & gas market in Singapore, 2023

    Pricing

Quick Buy
Add to basket Enquire before buying

Discounts available for multiple purchases.

reportstore@marketline.com
+44 20 7947 2960

Saved reports