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The market size of the Crude Petroleum Extraction industry in the UK is $xx.xx, which is expected to grow at xx% over the next five years. Companies in this industry extract natural gas from onshore and offshore fields. The industry also covers the extraction of bituminous or oil shale and tar sand.
Curious about what drives these trends? IBISWorld's Crude Petroleum Extraction in the UK industry coverage has got you covered.
Total value ($) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Hard Coal Mining in Europe |
|
XX% | XX% | $XX |
| Crude Petroleum Extraction in Europe |
|
XX% | XX% | $XX |
| Petroleum & Natural Gas Support Services in Europe |
|
XX% | XX% | $XX |
| Oil Drilling & Gas Extraction in the US |
|
XX% | XX% | $XX |
| Oil and Gas Extraction in Australia |
|
XX% | XX% | $XX |
| Oil and Gas Extraction in New Zealand |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
The market size of the Crude Petroleum Extraction in the UK is £236.1bn in 2024.
The market size of the Crude Petroleum Extraction in the UK decreased -18.5% in 2024.
The market size of the Crude Petroleum Extraction in the UK has declined at a -2.6% CAGR between 2019 and 2024.
See our full analysis of the Crude Petroleum Extraction in the UK to understand if the industry market size is expected to grow or decline over the next five years.