Asia-Pacific Oil and Gas Midstream Market is Expected to grow at a robust CAGR of 3.17% through 2030F
The increasing Asia-Pacific oil and gas
midstream market is driven by acceleration of LNG infrastructure development,
integration of digital technologies for pipeline monitoring and asset
management during the forecast period 2026-2030F.
According to TechSci Research report, “Asia-Pacific Oil and Gas Midstream
Market – By Country, Competition, Forecast and Opportunities 2020-2030F”, The
Asia-Pacific Oil and Gas Midstream Market was valued at USD 10.45 Billion in
2024 and is expected to reach USD 12.72 Billion by 2030 with a CAGR of 3.17%
during the forecast period. The Asia-Pacific region is witnessing a sharp
increase in the development of Liquefied Natural Gas (LNG) infrastructure,
driven by a strategic shift toward cleaner energy sources and the need for
flexible energy imports. Countries such as China, India, Japan, South Korea,
and Southeast Asian nations are aggressively investing in LNG regasification
terminals, storage facilities, and distribution networks.
For instance, India plans to increase
its LNG import capacity to over 70 MTPA by 2025, while China has commissioned
more than 20 new LNG terminals in the last five years. These developments aim
to diversify gas supplies, reduce dependency on coal, and improve energy
security. Floating Storage Regasification Units (FSRUs) are also gaining
popularity in countries like Indonesia and the Philippines due to their
mobility and lower capital costs.
This trend has significantly impacted
midstream players, increasing the demand for cryogenic tankers, storage
logistics, and new pipeline connections from terminals to consumption centers.
The LNG wave is reshaping the midstream landscape by enabling quicker and more
flexible responses to fluctuating energy needs.
A growing trend in the Asia-Pacific
midstream sector is the integration of advanced digital technologies, including
IoT sensors, AI-based monitoring systems, digital twins, and predictive
maintenance algorithms. These technologies help improve pipeline integrity,
reduce downtime, enhance safety, and minimize operational costs.
For example, major players in Australia
and China are deploying SCADA (Supervisory Control and Data Acquisition)
systems to monitor pressure, flow, and leak detection across thousands of
kilometers of pipeline networks in real-time. In India, public sector units
like GAIL are adopting drone-based inspections and pipeline GIS mapping for
better asset tracking and hazard mitigation. As digitalization accelerates,
midstream companies are reducing risks of leaks and unplanned outages, which
traditionally caused significant financial and reputational damage. These smart
infrastructure tools are also supporting compliance with stricter regulatory
norms and environmental standards.
Browse over XX market data Figures
spread through XX Pages and an in-depth TOC on the " Asia-Pacific Oil and Gas Midstream Market"
Based on product, Natural Gas is the
fastest growing segment in the Asia-Pacific Oil and Gas Midstream market during
the forecast period, due to the region's increasing shift towards cleaner
energy sources, a strategic focus on energy security, and expanding
infrastructure investments.
One of the key reasons for natural gas’s growth is its
role in the energy transition. Asia-Pacific countries, including China, India,
Japan, and South Korea, are increasingly adopting natural gas as a cleaner
alternative to coal and oil, driven by environmental concerns and government
policies promoting low-carbon solutions. Natural gas emits significantly lower
carbon dioxide and pollutants compared to other fossil fuels, making it a
preferred option for power generation, industrial use, and heating. For
example, China’s push towards a “green energy transition” has led to increased
investments in natural gas infrastructure, including pipelines, storage, and LNG
terminals.
The growth of LNG imports is also a major factor
contributing to the rise of the natural gas segment. Asia-Pacific is the
largest global market for LNG, with countries like Japan, South Korea, and
China accounting for a significant share of LNG imports. To accommodate this
demand, countries are building more LNG regasification terminals and expanding LNG
storage and transportation infrastructure. In particular, Japan, the world’s
largest importer of LNG, has seen a significant increase in its LNG infrastructure,
spurring growth in the midstream sector.
Additionally, cross-border natural gas trade is
expanding in the region. The development of projects such as the China-Russia
Power of Siberia pipeline and Myanmar-China gas pipelines is helping to enhance
natural gas transportation capacity across borders, thereby facilitating
smoother and more reliable supply chains.
Based on country, India is the fastest
growing country in the Asia-Pacific Oil and Gas Midstream Market during the
forecast period during the forecast period due to its rapid energy consumption growth,
government initiatives, and large-scale infrastructure projects that are
driving substantial investments in midstream oil and gas infrastructure.
One of the key factors contributing to India’s growth
is its rising energy demand. As the third-largest consumer of oil and gas in
the world, India’s energy consumption is expected to increase significantly due
to its growing population and industrial expansion. This growth is coupled with
the country’s rising urbanization and infrastructure development, which is
driving the demand for reliable energy sources such as natural gas and oil.
To meet this growing demand, India has implemented
several initiatives to expand its oil and gas infrastructure. The Indian
government is prioritizing the development of the national gas grid, which aims
to connect various regions with pipeline networks and make natural gas more
accessible. Projects like the Pradhan Mantri Urja Ganga gas pipeline project
are expected to extend natural gas coverage across remote regions, bolstering
domestic energy security and increasing the transportation of natural gas to industries
and households.
Additionally, India is focusing heavily on the
development of LNG terminals. With the country positioning itself as one of the
top LNG importers, new LNG terminals are being built across the coastline, with
plans to increase the total import capacity by over 30 million tons per annum
(MTPA) by the end of the decade. This development is crucial in supporting
India’s transition to cleaner energy sources and enhancing energy security.
Moreover, India’s geopolitical role in the region is
strengthening its midstream infrastructure. Increasing cross-border energy
trade, particularly through pipelines from neighboring countries like Myanmar
and Bangladesh, positions India as a critical player in regional energy
distribution.
Key market players in the Asia-Pacific Oil
and Gas Midstream market are: -
- Kinder Morgan Inc.
- Enbridge Inc.
- Enterprise Products Partners L.P.
- TransCanada Corporation (now TC Energy)
- Magellan Midstream Partners L.P.
- Plains All American Pipeline L.P.
- Williams Companies Inc.
- Energy Transfer LP
- Phillips 66 Partners L.P
- ONEOK Inc
Download Free Sample Report
Customers can
also request for 10% free customization on this report.
“The Asia-Pacific Oil and Gas Midstream market presents
significant opportunities driven by increasing energy demand, especially for natural
gas and LNG. Expanding infrastructure projects, such as pipelines, LNG
terminals, and storage facilities, offer growth prospects. Governments are
heavily investing in energy security and cross-border energy trade,
facilitating regional collaboration. Additionally, the shift towards cleaner
fuels presents a chance for innovation in sustainable midstream solutions. As
countries like India, China, and Japan continue to prioritize energy
transition, there are abundant opportunities in renewable gas infrastructure, LNG
regasification plants, and smart grid technologies.Top of Form” said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based global management consulting firm.
“Asia-Pacific Oil and Gas Midstream Market By Technology (Pipeline Monitoring Systems, SCADA Systems, Control Valves and Actuators, Leak Detection Systems, Advanced Metering Infrastructure), By Product (Crude Oil, Natural Gas, Liquefied Natural Gas (LNG), Refined Petroleum Products), By Operation (Gathering, Processing, Transportation, Storage, Distribution), By Country, Competition, Forecast and Opportunities, 2020-2030F”,
has evaluated the future growth potential of Asia-Pacific Oil and Gas Midstream
Market and provides statistics & information on market size,
structure, and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Asia-Pacific Oil and Gas
Midstream Market.
Contact
TechSci Research LLC
420 Lexington Avenue,
Suite 300, New York,
United States- 10170
M: +13322586602
Email: [email protected]
Website: https://www.techsciresearch.com