Saudi Arabia oil and gas midstream market size reached USD 81.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 125 Billion by 2033, exhibiting a growth rate (CAGR) of 4.92% during 2025-2033. The escalating innovations in drilling techniques, such as hydraulic fracturing (fracking) and horizontal drilling, that can lead to increased production and the need for additional midstream infrastructure, are primarily driving the market.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 81.3 Billion |
Market Forecast in 2033 | USD 125 Billion |
Market Growth Rate (2025-2033) | 4.92% |
The oil and gas midstream sector plays a critical role in the energy industry, serving as the bridge between upstream exploration and production and downstream distribution and consumption. This vital segment of the industry is responsible for the transportation, storage, and processing of crude oil, natural gas, and their byproducts. In the realm of transportation, pipelines are the backbone of midstream operations, efficiently moving vast quantities of hydrocarbons across vast distances. Additionally, midstream companies operate terminals, storage tanks, and marine facilities to facilitate the safe and reliable movement of these resources. They also provide crucial processing and treatment services, including the removal of impurities and the separation of different hydrocarbon components. The midstream sector's significance extends beyond logistical operations. It ensures a steady supply of energy resources to refineries and petrochemical plants, enabling the production of gasoline, diesel, and a wide range of chemical products. Moreover, it contributes to job creation and economic growth in regions where energy infrastructure is prevalent.
The oil and gas midstream market in Saudi Arabia is driven by several key factors that interconnect to shape its growth and dynamics. Firstly, the increasing regional demand for energy serves as a fundamental driver, propelling the need for efficient transportation and distribution of oil and gas resources. Consequently, this demand has led to the exploration and production of hydrocarbons in remote and challenging locations, driving the necessity for advanced midstream infrastructure. Furthermore, the expansion of unconventional oil and gas resources, like shale and tight oil, has emerged as a pivotal factor. This surge in production from unconventional sources necessitates a robust midstream sector to transport these resources from extraction sites to processing facilities and, ultimately, to consumers. Additionally, geopolitical factors play a significant role in influencing midstream markets. Political instability in oil-rich regions can disrupt supply chains and lead to a need for diversified transportation routes and storage facilities. Moreover, numerous environmental concerns and regulations, which are pushing the midstream sector towards cleaner and more sustainable practices, resulting in investments in pipeline integrity, leak detection technologies, and emission reduction initiatives, are expected to drive the oil and gas midstream market in Saudi Arabia during the forecast period.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on type.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes transportation, storage, and LNG terminals.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the key players include:
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Types Covered | Transportation, Storage, LNG Terminals |
Regions Covered | Northern and Central Region, Western Region, Eastern Region, Southern Region |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |