Oil & Gas in South Korea

Region:Asia

Author(s):

Product Code:OHMF4337

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Published on

June 2018

Total pages

44

Table of Content

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About the Report

About the Report

Oil & Gas in South Korea

Summary

Oil & Gas in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the South Korea oil & gas market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key highlights

- The oil and gas market volume is defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas by end-users in each country.

- The South Korean oil & gas market had total revenues of USD 46,765.7m in 2017, representing a compound annual rate of change (CARC) of -15.4% between 2013 and 2017.

- The crude oil segment was the market's most lucrative in 2017, with total revenues of USD 41,816.8m, equivalent to 89.4% of the market's overall value.

- Volume growth in the South Korean market has been marginal in the historic period

- as improvements in fuel efficient technology has reduced demand for energy intensive machinery. Renewable energy has also been growing in popularity in South Korea in recent years. In 2018 the country had 11.3 GW installed capacity of renewable energy. By 2030 South Korea is aiming to increase this figure to 58.5GW, 30.8GW of which will come from solar power. These factors have impacted volume consumption levels in the South Korean market.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil & gas market in South Korea

- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in South Korea

- Leading company profiles reveal details of key oil & gas market players' global operations and financial performance

- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea oil & gas market with five year forecasts by both value and volume

Reasons to buy

- What was the size of the South Korea oil & gas market by value in 2017?

- What will be the size of the South Korea oil & gas market in 2022?

- What factors are affecting the strength of competition in the South Korea oil & gas market?

- How has the market performed over the last five years?

- What are the main segments that make up South Korea's oil & gas market?

Products

Table of Contents

Table of Contents

Table of Contents

Executive Summary 2

Market value 2

Market value forecast 2

Market volume 2

Market volume forecast 2

Category segmentation 2

Geography segmentation 2

Market rivalry 2

Market Overview 7

Market definition 7

Market analysis 7

Market Data 9

Market value 9

Market volume 10

Market Segmentation 11

Category segmentation 11

Geography segmentation 12

Market Outlook 13

Market value forecast 13

Market volume forecast 14

Five Forces Analysis 15

Summary 15

Buyer power 17

Supplier power 19

New entrants 21

Threat of substitutes 23

Degree of rivalry 24

Leading Companies 25

GS Caltex Corporation 25

Korea Gas Corporation 28

S-Oil Corporation Inc 31

SK Innovation Co., Ltd. 34

Macroeconomic Indicators 38

Country data 38

Methodology 40

Industry associations 41

Related MarketLine research 41

Appendix 42

About MarketLine 42


List of Figure

List of Figures

Figure 1: South Korea oil & gas market value: USD billion, 2013-17

Figure 2: South Korea oil & gas market volume: million barrels of oil equivalent, 2013-17

Figure 3: South Korea oil & gas market category segmentation: % share, by value, 2017

Figure 4: South Korea oil & gas market geography segmentation: % share, by value, 2017

Figure 5: South Korea oil & gas market value forecast: USD billion, 2017-22

Figure 6: South Korea oil & gas market volume forecast: million barrels of oil equivalent, 2017-22

Figure 7: Forces driving competition in the oil & gas market in South Korea, 2017

Figure 8: Drivers of buyer power in the oil & gas market in South Korea, 2017

Figure 9: Drivers of supplier power in the oil & gas market in South Korea, 2017

Figure 10: Factors influencing the likelihood of new entrants in the oil & gas market in South Korea, 2017

Figure 11: Factors influencing the threat of substitutes in the oil & gas market in South Korea, 2017

Figure 12: Drivers of degree of rivalry in the oil & gas market in South Korea, 2017

Figure 13: GS Caltex Corporation: revenues & profitability

Figure 14: GS Caltex Corporation: assets & liabilities

Figure 15: Korea Gas Corporation: revenues & profitability

Figure 16: Korea Gas Corporation: assets & liabilities

Figure 17: S-Oil Corporation Inc: revenues & profitability

Figure 18: S-Oil Corporation Inc: assets & liabilities

Figure 19: SK Innovation Co., Ltd.: revenues & profitability

Figure 20: SK Innovation Co., Ltd.: assets & liabilities


List of Table

List of Tables

Table 1: South Korea oil & gas market value: USD billion, 2013-17

Table 2: South Korea oil & gas market volume: million barrels of oil equivalent, 2013-17

Table 3: South Korea oil & gas market category segmentation: USD billion, 2017

Table 4: South Korea oil & gas market geography segmentation: USD billion, 2017

Table 5: South Korea oil & gas market value forecast: USD billion, 2017-22

Table 6: South Korea oil & gas market volume forecast: million barrels of oil equivalent, 2017-22

Table 7: GS Caltex Corporation: key facts

Table 8: GS Caltex Corporation: key financials (USD )

Table 9: GS Caltex Corporation: key financials (KRW)

Table 10: GS Caltex Corporation: key financial ratios

Table 11: Korea Gas Corporation: key facts

Table 12: Korea Gas Corporation: key financials (USD )

Table 13: Korea Gas Corporation: key financials (KRW)

Table 14: Korea Gas Corporation: key financial ratios

Table 15: S-Oil Corporation Inc: key facts

Table 16: S-Oil Corporation Inc: key financials (USD )

Table 17: S-Oil Corporation Inc: key financials (KRW)

Table 18: S-Oil Corporation Inc: key financial ratios

Table 19: SK Innovation Co., Ltd.: key facts

Table 20: SK Innovation Co., Ltd.: key financials (USD )

Table 21: SK Innovation Co., Ltd.: key financials (KRW)

Table 22: SK Innovation Co., Ltd.: key financial ratios

Table 23: South Korea size of population (million), 2013-17

Table 24: South Korea gdp (constant 2005 prices, USD billion), 2013-17

Table 25: South Korea gdp (current prices, USD billion), 2013-17

Table 26: South Korea inflation, 2013-17

Table 27: South Korea consumer price index (absolute), 2013-17

Table 28: South Korea exchange rate, 2013-17

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