Key Insights
The Mexican oil and gas sector is undergoing significant transformation, moving beyond historical dominance by Pemex. While the 2019-2024 period showed fluctuating growth due to global price volatility and policy shifts, the market is poised for expansion. By 2025, the estimated market size is 191.76 billion USD, encompassing both upstream (exploration and production) and downstream (refining and distribution) activities. The 2013 energy reform's aim to boost private sector participation has spurred foreign investment in exploration and production, though progress has been impacted by regulatory complexities.
Mexican Oil and Gas Industry Market Size (In Billion)
Challenges persist, including aging infrastructure, declining domestic production, and the global energy transition. However, a projected Compound Annual Growth Rate (CAGR) of 3.4% from 2025 to 2033 indicates a positive outlook. This growth is expected to drive the market size to an estimated 191.76 billion by 2025, and further expand by 2025. Key growth drivers will include strategic investments in deepwater exploration and refinery modernization. Mexico's strategic location and existing infrastructure offer growth opportunities, contingent on regulatory reform and infrastructure upgrades.
Mexican Oil and Gas Industry Company Market Share
Mexican Oil and Gas Industry: Market Analysis and Forecast (2019-2033)
This report offers a comprehensive analysis of the Mexican oil and gas industry, detailing market structure, competitive landscape, key trends, and growth projections from 2019 to 2033. Utilizing data from 2019-2024, the 2025 base year, and projections, this analysis is vital for investors, industry professionals, and policymakers. The report examines key entities such as Pemex, ExxonMobil Corporation, TC Energy Corporation, and Marathon Petroleum Corporation, alongside upstream, midstream, and downstream segments across crude oil, natural gas, and petrochemicals. Insights are underpinned by detailed market sizing (in billions), CAGR forecasts, and M&A activity analysis.
Mexican Oil and Gas Industry Market Structure & Competitive Dynamics
The Mexican oil and gas industry exhibits a complex market structure characterized by a mix of state-owned entities and international players. Petróleos Mexicanos (Pemex), the state-owned oil company, maintains a significant market share, particularly in the upstream sector. However, increased privatization and foreign investment have led to a more competitive landscape. The market concentration is moderate, with several large multinational corporations holding substantial shares in various segments. The regulatory framework, while undergoing reforms, still presents certain challenges for market participants. Innovation ecosystems are developing, particularly in areas like enhanced oil recovery and renewable energy integration. Product substitution is emerging with the growing adoption of renewable energy sources, posing a long-term challenge. End-user trends indicate a rising demand for natural gas and petrochemicals, fueled by industrial growth and urbanization.
M&A activities have been significant, with deal values reaching xx Million in recent years. Notable transactions include:
- Acquisition of [Company Name] by [Company Name] for xx Million in [Year].
- Strategic partnership between [Company Name] and [Company Name] for joint exploration.
Market share distribution among key players:
- Pemex: xx%
- ExxonMobil: xx%
- Chevron: xx%
- Others: xx%
Mexican Oil and Gas Industry Industry Trends & Insights
The Mexican oil and gas industry is witnessing significant transformation. Market growth is primarily driven by increasing domestic demand for energy, particularly in the industrial and transportation sectors. The Compound Annual Growth Rate (CAGR) for the forecast period (2025-2033) is estimated at xx%, with variations across different segments. Technological disruptions, such as the adoption of advanced drilling techniques and digitalization, are enhancing efficiency and productivity. Consumer preferences are shifting towards cleaner energy sources, pressuring the industry to diversify and invest in renewable energy solutions. Competitive dynamics are intensifying with both international and domestic players vying for market share. Market penetration of new technologies is expected to increase steadily, reaching xx% by 2033. The push for energy security and the government's initiatives to boost domestic production are also significant factors influencing market trends.
Dominant Markets & Segments in Mexican Oil and Gas Industry
The Mexican oil and gas industry is geographically diverse, with activity concentrated in several key regions. However, the most dominant segment within the industry is the Upstream sector, driven by the significant reserves of crude oil and natural gas located throughout the country.
Key Drivers for Upstream Dominance:
- Abundant reserves of oil and gas.
- Government initiatives to attract foreign investment.
- Ongoing exploration and production activities.
Dominant Product: Crude oil remains the leading product, though natural gas production and consumption are growing rapidly. The Petrochemicals segment is also gaining traction, particularly with the increased focus on plastics and other downstream applications.
Downstream presents a crucial segment, but lacks the same dominance due to the capacity constraints and refining challenges. Midstream remains crucial, however, due to transportation and logistical challenges in Mexico's vast geography, pipelines, and other midstream infrastructure development is significant and actively impacting overall market growth.
Mexican Oil and Gas Industry Product Innovations
Technological advancements are reshaping the Mexican oil and gas industry. Innovations in enhanced oil recovery (EOR) techniques, such as steam injection and carbon dioxide injection, are boosting production from mature fields. The increasing adoption of digital technologies, including artificial intelligence and machine learning, is enhancing operational efficiency and reducing costs. These innovations, along with a focus on environmentally sustainable practices, are key to the industry's future competitiveness. Furthermore, investments in gas processing and petrochemical facilities are improving downstream efficiency and product diversification.
Report Segmentation & Scope
This report segments the Mexican oil and gas industry based on:
Type: Upstream, Midstream, Downstream. The Upstream segment is projected to experience a xx% CAGR, driven by ongoing exploration activities. The Midstream segment is anticipated to grow at xx% CAGR, driven by infrastructure development. The Downstream segment’s growth will be at xx% CAGR, with significant investment in refining capacity.
Product: Crude Oil, Natural Gas, Petrochemicals. Crude oil production is projected to reach xx Million barrels per day by 2033, whereas natural gas production is expected to reach xx Billion cubic feet per day. The petrochemical segment is expected to experience significant growth, driven by increasing demand from the plastics industry.
Competitive dynamics vary across segments, with Pemex holding a significant share in the Upstream sector, while international players dominate downstream operations.
Key Drivers of Mexican Oil and Gas Industry Growth
Several factors are driving the growth of the Mexican oil and gas industry: Increasing domestic energy demand, particularly from the industrial and transportation sectors, fueled by economic growth. Government policies aimed at promoting foreign investment and boosting domestic production are key factors. Technological advancements, leading to increased efficiency and reduced costs. Discoveries of new oil and gas reserves and expansions of existing refining and processing facilities are also boosting industry growth.
Challenges in the Mexican Oil and Gas Industry Sector
The Mexican oil and gas sector faces several challenges, including: Regulatory hurdles and permitting processes slowing down new projects and impacting the pace of investment. Supply chain disruptions and infrastructure limitations are affecting the efficiency of operations. Competition from renewable energy sources is posing a long-term threat, with the potential to reduce the demand for fossil fuels. Security risks and operational challenges contribute to cost increases and operational inefficiencies, impacting profit margins significantly. These challenges combined decrease the overall potential for growth and present substantial barriers to the Mexican oil and gas sector.
Leading Players in the Mexican Oil and Gas Industry Market
- ExxonMobil Corporation
- TC Energy Corporation
- Marathon Petroleum Corporation
- Sicim SpA
- Chevron Corporation
- Saipem SpA
- Citla Energy
- TotalEnergies SE
- Royal Dutch Shell PLC
- Petroleos Mexicanos (Pemex)
- BP PLC
- Sempra Energy
Key Developments in Mexican Oil and Gas Industry Sector
January 2021: Braskem Idesa partially restored operations at the Etileno XXI petrochemical complex after a natural gas supply cut. This highlights the vulnerability of the industry to supply chain disruptions.
August 2021: Mexico's state power utility partnered with TC Energy Corp. to develop a natural gas pipeline in the south, indicating a focus on infrastructure development to improve energy security.
Strategic Mexican Oil and Gas Industry Market Outlook
The Mexican oil and gas industry presents significant growth opportunities, particularly in the upstream and midstream sectors. Continued investment in exploration and production activities, along with infrastructure development, is essential to meet the rising domestic demand for energy. Strategic partnerships between international and domestic players are expected to drive innovation and efficiency improvements. The industry's ability to adapt to evolving consumer preferences and environmental regulations will be crucial for long-term success. Focusing on cleaner energy sources and sustainable practices will ensure the competitiveness and sustainable growth of the sector in the coming years.
Mexican Oil and Gas Industry Segmentation
- 1. Upstream (Exploration and Production)
- 2. Midstream (Pipeline and LNG Terminals)
- 3. Downstre
Mexican Oil and Gas Industry Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico
-
2. South America
- 2.1. Brazil
- 2.2. Argentina
- 2.3. Rest of South America
-
3. Europe
- 3.1. United Kingdom
- 3.2. Germany
- 3.3. France
- 3.4. Italy
- 3.5. Spain
- 3.6. Russia
- 3.7. Benelux
- 3.8. Nordics
- 3.9. Rest of Europe
-
4. Middle East & Africa
- 4.1. Turkey
- 4.2. Israel
- 4.3. GCC
- 4.4. North Africa
- 4.5. South Africa
- 4.6. Rest of Middle East & Africa
-
5. Asia Pacific
- 5.1. China
- 5.2. India
- 5.3. Japan
- 5.4. South Korea
- 5.5. ASEAN
- 5.6. Oceania
- 5.7. Rest of Asia Pacific
Mexican Oil and Gas Industry Regional Market Share
Geographic Coverage of Mexican Oil and Gas Industry
Mexican Oil and Gas Industry REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 3.4% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1 4.; Recovering Number of Air Passengers
- 3.2.2 on Account of the Cheaper Airfare in Recent Times4.; Increasing Disposable Income of Population
- 3.3. Market Restrains
- 3.3.1. 4.; High Share of Fossil-Fuel-Based Aviation Fuels in South American Countries
- 3.4. Market Trends
- 3.4.1. Upstream Segment Expected to Witness Significant Growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Mexican Oil and Gas Industry Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Upstream (Exploration and Production)
- 5.2. Market Analysis, Insights and Forecast - by Midstream (Pipeline and LNG Terminals)
- 5.3. Market Analysis, Insights and Forecast - by Downstre
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. North America
- 5.4.2. South America
- 5.4.3. Europe
- 5.4.4. Middle East & Africa
- 5.4.5. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by Upstream (Exploration and Production)
- 6. North America Mexican Oil and Gas Industry Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Upstream (Exploration and Production)
- 6.2. Market Analysis, Insights and Forecast - by Midstream (Pipeline and LNG Terminals)
- 6.3. Market Analysis, Insights and Forecast - by Downstre
- 6.1. Market Analysis, Insights and Forecast - by Upstream (Exploration and Production)
- 7. South America Mexican Oil and Gas Industry Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Upstream (Exploration and Production)
- 7.2. Market Analysis, Insights and Forecast - by Midstream (Pipeline and LNG Terminals)
- 7.3. Market Analysis, Insights and Forecast - by Downstre
- 7.1. Market Analysis, Insights and Forecast - by Upstream (Exploration and Production)
- 8. Europe Mexican Oil and Gas Industry Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Upstream (Exploration and Production)
- 8.2. Market Analysis, Insights and Forecast - by Midstream (Pipeline and LNG Terminals)
- 8.3. Market Analysis, Insights and Forecast - by Downstre
- 8.1. Market Analysis, Insights and Forecast - by Upstream (Exploration and Production)
- 9. Middle East & Africa Mexican Oil and Gas Industry Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Upstream (Exploration and Production)
- 9.2. Market Analysis, Insights and Forecast - by Midstream (Pipeline and LNG Terminals)
- 9.3. Market Analysis, Insights and Forecast - by Downstre
- 9.1. Market Analysis, Insights and Forecast - by Upstream (Exploration and Production)
- 10. Asia Pacific Mexican Oil and Gas Industry Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Upstream (Exploration and Production)
- 10.2. Market Analysis, Insights and Forecast - by Midstream (Pipeline and LNG Terminals)
- 10.3. Market Analysis, Insights and Forecast - by Downstre
- 10.1. Market Analysis, Insights and Forecast - by Upstream (Exploration and Production)
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2025
- 11.2. Company Profiles
- 11.2.1 ExxonMobil Corporation*List Not Exhaustive
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 TC Energy Corporation
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Marathon Petroleum Corporation
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Sicim SpA
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Chevron Corporation
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Saipem SpA
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Citla Energy
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 TotalEnergies SE
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Royal Dutch Shell PLC
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Petroleos Mexicanos (Pemex)
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 BP PLC
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 Sempra Energy
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.1 ExxonMobil Corporation*List Not Exhaustive
List of Figures
- Figure 1: Global Mexican Oil and Gas Industry Revenue Breakdown (billion, %) by Region 2025 & 2033
- Figure 2: North America Mexican Oil and Gas Industry Revenue (billion), by Upstream (Exploration and Production) 2025 & 2033
- Figure 3: North America Mexican Oil and Gas Industry Revenue Share (%), by Upstream (Exploration and Production) 2025 & 2033
- Figure 4: North America Mexican Oil and Gas Industry Revenue (billion), by Midstream (Pipeline and LNG Terminals) 2025 & 2033
- Figure 5: North America Mexican Oil and Gas Industry Revenue Share (%), by Midstream (Pipeline and LNG Terminals) 2025 & 2033
- Figure 6: North America Mexican Oil and Gas Industry Revenue (billion), by Downstre 2025 & 2033
- Figure 7: North America Mexican Oil and Gas Industry Revenue Share (%), by Downstre 2025 & 2033
- Figure 8: North America Mexican Oil and Gas Industry Revenue (billion), by Country 2025 & 2033
- Figure 9: North America Mexican Oil and Gas Industry Revenue Share (%), by Country 2025 & 2033
- Figure 10: South America Mexican Oil and Gas Industry Revenue (billion), by Upstream (Exploration and Production) 2025 & 2033
- Figure 11: South America Mexican Oil and Gas Industry Revenue Share (%), by Upstream (Exploration and Production) 2025 & 2033
- Figure 12: South America Mexican Oil and Gas Industry Revenue (billion), by Midstream (Pipeline and LNG Terminals) 2025 & 2033
- Figure 13: South America Mexican Oil and Gas Industry Revenue Share (%), by Midstream (Pipeline and LNG Terminals) 2025 & 2033
- Figure 14: South America Mexican Oil and Gas Industry Revenue (billion), by Downstre 2025 & 2033
- Figure 15: South America Mexican Oil and Gas Industry Revenue Share (%), by Downstre 2025 & 2033
- Figure 16: South America Mexican Oil and Gas Industry Revenue (billion), by Country 2025 & 2033
- Figure 17: South America Mexican Oil and Gas Industry Revenue Share (%), by Country 2025 & 2033
- Figure 18: Europe Mexican Oil and Gas Industry Revenue (billion), by Upstream (Exploration and Production) 2025 & 2033
- Figure 19: Europe Mexican Oil and Gas Industry Revenue Share (%), by Upstream (Exploration and Production) 2025 & 2033
- Figure 20: Europe Mexican Oil and Gas Industry Revenue (billion), by Midstream (Pipeline and LNG Terminals) 2025 & 2033
- Figure 21: Europe Mexican Oil and Gas Industry Revenue Share (%), by Midstream (Pipeline and LNG Terminals) 2025 & 2033
- Figure 22: Europe Mexican Oil and Gas Industry Revenue (billion), by Downstre 2025 & 2033
- Figure 23: Europe Mexican Oil and Gas Industry Revenue Share (%), by Downstre 2025 & 2033
- Figure 24: Europe Mexican Oil and Gas Industry Revenue (billion), by Country 2025 & 2033
- Figure 25: Europe Mexican Oil and Gas Industry Revenue Share (%), by Country 2025 & 2033
- Figure 26: Middle East & Africa Mexican Oil and Gas Industry Revenue (billion), by Upstream (Exploration and Production) 2025 & 2033
- Figure 27: Middle East & Africa Mexican Oil and Gas Industry Revenue Share (%), by Upstream (Exploration and Production) 2025 & 2033
- Figure 28: Middle East & Africa Mexican Oil and Gas Industry Revenue (billion), by Midstream (Pipeline and LNG Terminals) 2025 & 2033
- Figure 29: Middle East & Africa Mexican Oil and Gas Industry Revenue Share (%), by Midstream (Pipeline and LNG Terminals) 2025 & 2033
- Figure 30: Middle East & Africa Mexican Oil and Gas Industry Revenue (billion), by Downstre 2025 & 2033
- Figure 31: Middle East & Africa Mexican Oil and Gas Industry Revenue Share (%), by Downstre 2025 & 2033
- Figure 32: Middle East & Africa Mexican Oil and Gas Industry Revenue (billion), by Country 2025 & 2033
- Figure 33: Middle East & Africa Mexican Oil and Gas Industry Revenue Share (%), by Country 2025 & 2033
- Figure 34: Asia Pacific Mexican Oil and Gas Industry Revenue (billion), by Upstream (Exploration and Production) 2025 & 2033
- Figure 35: Asia Pacific Mexican Oil and Gas Industry Revenue Share (%), by Upstream (Exploration and Production) 2025 & 2033
- Figure 36: Asia Pacific Mexican Oil and Gas Industry Revenue (billion), by Midstream (Pipeline and LNG Terminals) 2025 & 2033
- Figure 37: Asia Pacific Mexican Oil and Gas Industry Revenue Share (%), by Midstream (Pipeline and LNG Terminals) 2025 & 2033
- Figure 38: Asia Pacific Mexican Oil and Gas Industry Revenue (billion), by Downstre 2025 & 2033
- Figure 39: Asia Pacific Mexican Oil and Gas Industry Revenue Share (%), by Downstre 2025 & 2033
- Figure 40: Asia Pacific Mexican Oil and Gas Industry Revenue (billion), by Country 2025 & 2033
- Figure 41: Asia Pacific Mexican Oil and Gas Industry Revenue Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Upstream (Exploration and Production) 2020 & 2033
- Table 2: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Midstream (Pipeline and LNG Terminals) 2020 & 2033
- Table 3: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Downstre 2020 & 2033
- Table 4: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Region 2020 & 2033
- Table 5: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Upstream (Exploration and Production) 2020 & 2033
- Table 6: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Midstream (Pipeline and LNG Terminals) 2020 & 2033
- Table 7: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Downstre 2020 & 2033
- Table 8: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 9: United States Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 10: Canada Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 11: Mexico Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 12: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Upstream (Exploration and Production) 2020 & 2033
- Table 13: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Midstream (Pipeline and LNG Terminals) 2020 & 2033
- Table 14: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Downstre 2020 & 2033
- Table 15: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 16: Brazil Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 17: Argentina Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 18: Rest of South America Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 19: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Upstream (Exploration and Production) 2020 & 2033
- Table 20: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Midstream (Pipeline and LNG Terminals) 2020 & 2033
- Table 21: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Downstre 2020 & 2033
- Table 22: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 23: United Kingdom Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 24: Germany Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 25: France Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 26: Italy Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 27: Spain Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 28: Russia Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 29: Benelux Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 30: Nordics Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 31: Rest of Europe Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 32: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Upstream (Exploration and Production) 2020 & 2033
- Table 33: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Midstream (Pipeline and LNG Terminals) 2020 & 2033
- Table 34: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Downstre 2020 & 2033
- Table 35: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 36: Turkey Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 37: Israel Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 38: GCC Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 39: North Africa Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 40: South Africa Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 41: Rest of Middle East & Africa Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 42: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Upstream (Exploration and Production) 2020 & 2033
- Table 43: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Midstream (Pipeline and LNG Terminals) 2020 & 2033
- Table 44: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Downstre 2020 & 2033
- Table 45: Global Mexican Oil and Gas Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 46: China Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 47: India Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 48: Japan Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 49: South Korea Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 50: ASEAN Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 51: Oceania Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 52: Rest of Asia Pacific Mexican Oil and Gas Industry Revenue (billion) Forecast, by Application 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Mexican Oil and Gas Industry?
The projected CAGR is approximately 3.4%.
2. Which companies are prominent players in the Mexican Oil and Gas Industry?
Key companies in the market include ExxonMobil Corporation*List Not Exhaustive, TC Energy Corporation, Marathon Petroleum Corporation, Sicim SpA, Chevron Corporation, Saipem SpA, Citla Energy, TotalEnergies SE, Royal Dutch Shell PLC, Petroleos Mexicanos (Pemex), BP PLC, Sempra Energy.
3. What are the main segments of the Mexican Oil and Gas Industry?
The market segments include Upstream (Exploration and Production), Midstream (Pipeline and LNG Terminals), Downstre.
4. Can you provide details about the market size?
The market size is estimated to be USD 191.76 billion as of 2022.
5. What are some drivers contributing to market growth?
4.; Recovering Number of Air Passengers. on Account of the Cheaper Airfare in Recent Times4.; Increasing Disposable Income of Population.
6. What are the notable trends driving market growth?
Upstream Segment Expected to Witness Significant Growth.
7. Are there any restraints impacting market growth?
4.; High Share of Fossil-Fuel-Based Aviation Fuels in South American Countries.
8. Can you provide examples of recent developments in the market?
In January 2021, Braskem Idesa announced that it had partially restored the operations at Etileno XXI polyethylene petrochemical complex, which was shut down in December 2020 due to natural gas supply cut by Cengas, a major natural gas system operator of Mexico. Braskem further stated that it had restarted operations in an experimental business model, complying with all the safety standards to reduce the impact on Mexico's plastics industry supply chain.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in billion.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Mexican Oil and Gas Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Mexican Oil and Gas Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Mexican Oil and Gas Industry?
To stay informed about further developments, trends, and reports in the Mexican Oil and Gas Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence