South America Oil and Gas Downstream Market - Growth, Trends, and Forecasts (2023 - 2028)
The South American oil and gas downstream market is expected to register a CAGR of more than 3.9% during the forecast period.
The market was negatively impacted by the COVID-19 pandemic in 2020. Presently, the market has reached pre-pandemic levels.
Key HighlightsThe South American oil and gas downstream market is moderately consolidated in nature. Some of the major players in the market (in no particular order) include Petrobras, YPF SA, Ecopetrol SA, Shell PLC, and BP PLC.
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