About Crude Oil Pipeline Transportation
Crude oil pipeline transportation can collect the crude oil from production wells and then be transported through the pipeline system to a refinery. After petroleum is refined into products like gasoline or kerosene, it is transported through the refined products pipeline systems to storage or distribution stations. There are wide range of advantages such as, reduce congestion across our roads, rail, and shipping transportation networks. There are two type of pipelines which are used in Crude oil pipeline transportation like, Liquid petroleum pipelines, Natural gas pipelines.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
CAGR | 6.1% |
Global Crude Oil Pipeline Transportation is a fragmented market due to the presence of various players. The companies are planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Crude Oil Pipeline Transportation market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ExxonMobil Corporation (United States), BP p.l.c. (United Kingdom), Transneft (Russia), BOTAS BORU HATLARI ILE PETROL TASIMA ANONIM SIRKETI (Turkey), Mplx LP (United States), Delek US Holdings, Inc. (United States), Oléoduc du Rhône S.A. (Switzerland), Plains GP Holdings, L.P. (United States), Oneok, Inc. (United States), Indian Oil Corporation Ltd (India), Enbridge Inc. (Canada), Kingston Midstream (Canada) and Shell plc (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Enbridge Inc. (Canada), Kingston Midstream (Canada), Shell plc (United Kingdom) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Crude Oil Pipeline Transportation market by , Application (Oil and Gas, Coal, Chemical and Water) and Region.
On the basis of geography, the market of Crude Oil Pipeline Transportation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Southeast Asia, 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). If we see Market by Modes Of Transportation, the sub-segment i.e. Oil Tankers will boost the Crude Oil Pipeline Transportation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Type Of Pipeline, the sub-segment i.e. Gathering Pipelines will boost the Crude Oil Pipeline Transportation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Steel Pipeline will boost the Crude Oil Pipeline Transportation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use, the sub-segment i.e. Domestic Uses will boost the Crude Oil Pipeline Transportation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rapid Shift towards Crude Oil Applications
Market Growth Drivers:
Increasing Demand for Crude Oil and Other Petroleum Products and Increasing uses of pipeline transportation in different industries
Challenges:
Adoption of Renewable Energy Sources and Regulatory Guidelines on the Crude Oil Pipeline Transportation
Restraints:
Volatile Raw Material Prices and High cost of startup for to enter this sector
Opportunities:
Government Investment for Major Crude Oil Pipeline transportation Projects can create Opportunities for the Market
Market Leaders and their expansionary development strategies
In March 2023, Energy Transfer LP had acquired Lotus Midstream Operations, LLC. In this acquisition, Enhances Energy Transfer’s crude pipeline footprint across the Permian Basin.
In May 2023, US midstream ONEOK announced the acquisition of Magellan Midstream Partners, an American pipeline operator in order to expand its presence in oil and gas infrastructure in North America. The acquisition will give access to Magellan's longest refined products pipeline system in the US with nearly half of the country's refining capacity and storage systems.
As per the Federal Energy Regulatory Commission, “Interstate pipelines, those that either physically cross state boundaries or carry a product that will cross state boundaries, are all permitted by the Federal Energy Regulatory Commission (FERC).”
Key Target Audience
Crude Oil Pipeline Transportation Service Providers, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.