Argentina Oil & Gas Downstream Market Size, Growth | 2031

Segments - Argentina Oil & Gas Downstream Market by Process Types (Petrochemical plants and Refineries) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

Author : Raksha Sharma

Fact-checked by : Vineet Pandey

Editor : Swapnil Hedau

Report Description

The Argentina oil & gas downstream market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 1.13% during 2023–2031. The growth of the market is attributed to the rising production of oil and increasing demand for natural gas in the country.

The potential impact of energy transition is estimated to drive the market in the country. Refining of petroleum crude oil and processing & purifying of raw natural gas, and marketing and distribution of the products made from oil and natural gas is the oil & gas downstream market.

Argentina Oil & Gas Downstream Market Key Takeaways

The products derived include asphalt, lubricants, waxes, fuel oils, natural gas, liquefied petroleum gas, gasoline, kerosene, jet fuel, diesel oil, and petrochemicals. The hydrogen sulfide removed in the refining process of crude oil and natural gas is converted into byproduct elemental sulfur.

Companies are adopting the gas to liquid technology to reduce the pollution levels and to produce high quality petroleum products. The conversion of natural gas to high quality liquid products is done through gas to liquid technology. International support and investment in the oil & gas industry is growing the market in the country. The companies are rearranging its operations and activities to recover from the covid-19 impact.

The downstream industry plays a major role in different sectors and industries. It has a big influence on various products and equipments used in medical profession. Downstream plays main role in agricultural sector as it is used in pesticides, fertilizers, and fuels needed for farming equipment.

Argentina possesses the world’s fourth largest reserve of shale oil and second largest reserve of shale gas. The modernization of country’s downstream industry is important for the productivity of the nation.

Market Trends, Drivers, Restraints, and Opportunities

Increasing growth in the emerging markets of oil & gas downstream is expected to fuel the market in the coming years.
Increasing demand of products from oil & gas industry is anticipated to boost the market in the country.
Supportive government policies and initiatives to grow the oil & gas downstream industry is major factor propelling the market in the coming years.
Disruption in supply of oil and gas in the market act as key factor that can restrict the market during the forecast period.
High cost of equipments and process used in the oil & downstream market is projected to impede the market growth.
R&D investment and technological advancement in the techniques used in the oil & gas downstream industry is estimated to offer significant opportunities for the market players.

Scope of Argentina Oil & Gas Downstream Market Report

The report on the Argentina oil & gas downstream market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Oil & Gas Downstream Market - Argentina Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Process Types (Petrochemical plants and Refineries)
Country	Argentina
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Pan American Energy SL, Raizen SA, Aximon Energy, Pampa Energia SA, and Yacimientos Petroliferos Fiscales SA

Argentina Oil & Gas Downstream Market Segment Insights

The refineries segment is projected to constitute a large market share

Based on process types, the Argentina Oil & Gas downstream market is divided into petrochemical plants and refineries. The refineries segment is expected to account for a key share of the market during the forecast period owing to increasing oil production in the country. Rising income in the country have pushed up the oil demand which is increasing the need for refineries in the country.

Campana Refinery, executed by Pan American Energy has production of petroleum products capacity of 4.5 million cubic meters per year. It is anticipated to raise the production capacity of fuels by 60% and also reduce its sulfur contents to improve its quality. Crude oil cannot be exported, only refined products can be exported is increasing the demand for refineries in Argentina.

The petrochemical plants segment is anticipated to expand at a rapid pace during the forecast period due to its high usage of converting natural resources including minerals, oil, ores, and natural gas into products for different application. Petrochemical plants are used for producing necessary building blocks for industry processes such as ethylene, aromatics, butadiene, and propylene.

Argentina Oil & Gas Downstream Market Process Type

Segments

The Argentina oil & gas downstream market has been segmented on the basis of

Process Type

Petrochemical plants
Refineries

Key Players

Pan American Energy SL
Raizen SA
Aximon Energy
Pampa Energia SA
Yacimientos Petroliferos Fiscales SA

Competitive Landscape

Key players competing in the Argentina oil & gas downstream market include Pan American Energy SL, Raizen SA, Aximon Energy, Pampa Energia SA, and Yacimientos Petroliferos Fiscales SA.

Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares and to increase the production of oil & gas.

Argentina Oil & Gas Downstream Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oil & Gas Downstream Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Oil & Gas Downstream Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Oil & Gas Downstream Market - Supply Chain
  4.5. Global Oil & Gas Downstream Market Forecast
     4.5.1. Oil & Gas Downstream Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Oil & Gas Downstream Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Oil & Gas Downstream Market Absolute $ Opportunity
5. Global Oil & Gas Downstream Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Oil & Gas Downstream Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Oil & Gas Downstream Demand Share Forecast, 2019-2026
6. North America Oil & Gas Downstream Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Oil & Gas Downstream Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Oil & Gas Downstream Demand Share Forecast, 2019-2026
7. Latin America Oil & Gas Downstream Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Oil & Gas Downstream Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Oil & Gas Downstream Demand Share Forecast, 2019-2026
8. Europe Oil & Gas Downstream Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Oil & Gas Downstream Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Oil & Gas Downstream Demand Share Forecast, 2019-2026
9. Asia Pacific Oil & Gas Downstream Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Oil & Gas Downstream Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Oil & Gas Downstream Demand Share Forecast, 2019-2026
10. Middle East & Africa Oil & Gas Downstream Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Oil & Gas Downstream Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Oil & Gas Downstream Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Oil & Gas Downstream Market: Market Share Analysis
  11.2. Oil & Gas Downstream Distributors and Customers
  11.3. Oil & Gas Downstream Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Pan American Energy SL Raizen SA Aximon Energy Pampa Energia SA Yacimientos Petroliferos Fiscales SA