ReportsWeb Global Process Plant Equipment Market 2020 | Page 2

Global Process Plant Equipment Market in Downstream Oil and Gas Industry 2016-2020 About Oil and Gas Industry The oil and gas industry can be broadly segregated into upstream, midstream, and downstream segments. Upstream refers to the exploration and drilling of oil and gas. Midstream constitutes the transportation of crude oil and natural gas to the refineries. Downstream refers to the refining of crude oil and gas into a pre-defined range of products according to specifications. The relative quantities of the refined products are directly dependent upon the quality of crude used. Publisher's analysts forecast the global process plant equipment in downstream oil and gas industry to grow at a CAGR of 1.18% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the global process plant equipment in downstream oil and gas industry for 2016-2020. To calculate the market size, the report considers the planned refining capacity and equipment used in refineries. View Complete Report @ http://www.reportsweb.com/global-process-plant-equipment-market-in- downstream-oil-and-gas-industry-2016-2020 Contact Us : [phone] | E-Mail : [email protected]