What is Oil and Gas Pipeline Market Scope?
The global crude oil prices have experienced a crude oil price decline over the past few years which has ultimately stagnated the oil & gas transportation and exportation across the globe. Crude oil or natural gas is transported through the giant pipeline networks from the crude oil-producing regions to the consumption center spread in several countries. The global oil and gas market has experienced significant growth over the past couple of decades due to increasing crude oil export and growing need for long-distance export lines. The alternate transportations used such as road rail and sea are comparatively more expensive than the pipelines. Although higher initial investments in pipeline structures might hinder the growth of oil and gas pipelines.
Influencing Trend:
Introduction to Automated Routing Technologies in Oil and Gas Pipelines and Growing Demand for Highly Automated Pipeline Inspection
Market Growth Drivers:
Growing Need for Long Distance Export Lines and Increasing Instances of the Deep Water Production Events
Challenges:
Operational Complexities and Significant Probability of Leakages and Stringent Government Regulations on Oil and Gas Transportation
Restraints:
Robust Initial Investments in Installing Oil and Gas Transport Lines and Significant Maintenence Cost Required
Opportunities:
Upsurging Oil and Gas Infrastructure from Developing as well as Underdeveloped Economies and Increasing Production from the Offshore Fields
The Oil and Gas Pipeline market study is being classified by Type (Crude Pipelines and Natural Oil Pipelines), by Application and major geographies with country level break-up.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Manufacturers from Global will contribute to the maximum growth of Global Oil and Gas Pipeline market throughout the predicted period.
Vallourec S.A. (France), TMK Group (Russia), U. S. Steel Tubular Products (United States), Nippon Steel Corporation (Japan), JFE Holdings, Inc. (Japan), Tianjin Pipe Corporation (China), ArcelorMittal S.A. (Luxembourg), ChelPipe Group (Russia), EVRAZ plc (United Kingdom) and Husteel Co. Ltd. (South Korea) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Sandvik AB (Sweden), National Oilwell Varco (United States), Northwest Pipe Company (United States), SB International, Inc. (United States), Reliance Steel & Aluminum Co. (United States), Jiangsu Yulong Steel Pipe Co. Ltd. (China), Jiuli Group Co. Ltd. (China), Baoji Petroleum Steel Pipe Co. Ltd. (China) and CITIC Limited (Hong Kong).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Oil and Gas Pipeline market by Type, Application and Region.
On the basis of geography, the market of Oil and Gas Pipeline has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In March 2024, SONATRACH collaboration with Huawei at MWC Barcelona 2024. This innovative solution integrates advanced fiber optic sensing technology to enhance pipeline security, intelligence, and operational efficiency.
In June 2022, Kalpataru Power Transmission Limited (KPTL) was awarded the laying & construction of a steel gas pipeline and terminals along with associated facilities for Section II of the Mumbai - Nagpur Pipeline Project (Part A) for GAIL (India) Ltd.
Key Target Audience
Oil and Gas Pipeline Manufacturers, Oil and Gas Pipeline Distributors and Suppliers, Oil and Gas Industry Associations, Research and Development Institutes, Upstream and Downstream Buyers, Government Agencies, International Traders and Others
Oil and Gas Pipeline Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Oil and Gas Pipeline Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Oil and Gas Pipeline industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.