Market Research Future published a research report on “Global Oil and Gas Pipeline Market Research Report – Global Forecast till 2024” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2024.
Market Synopsis
The data experts at Market Research Future Reports (MRFR) have analyzed the global oil & gas pipeline market is estimated to thrive at a CAGR of 5.40% during the review period. The burgeoning technical advancement in the oil and gas industry is predicted to bring revolutionary changes and drive the global oil and gas pipeline market 2020. The emerging technologies like the Internet of Things (IoT) have led to an advance the global market. The report also highlights the impact of stringent rules implemented and practiced by the various government are another factor augmenting the market. Besides, the growing usage of gas pipelines in residential and commercial applications is another element leading to the strengthening of the market. The Oil & Gas Pipeline Market is estimated to soar during the forecast period, especially in developing countries. The demand is surging due to the fast-developing urbanization. These elements are estimated to augment the market generously.
However, the disruption of COVID-19 on the global oil & gas pipeline is projected to affect the market considerably. The markets of various regions have been shut down temporarily to contain the spread of disease. The data experts at MRFR are evaluating the market to understand the factors that would impede and augment the market. We will provide an impact analysis report on COVID-19.
Key Players:
The key players of the global oil & gas pipeline market are Gazprom, China National Petroleum Corporation, Chevron Corporation, ConocoPhillips, Tenaris S.A., TMK, National Oilwell Varco, Maharashtra Seamless Ltd, General Electric, Saipem S.p.A, Subsea 7 S.A, TechnipFMC, EVRAZ North America, Welspun Corp Ltd., Chelpipe, Europipe, Eni S.p.A, and Royal Dutch Shell p.l.c.
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Market Segmentation
The global oil & gas pipeline market can be distinguished on the basis of application, type, sector, and region.
On the basis of application, the global oil & gas pipeline market can be distinguished into offshore and onshore.
On the basis of type, the global oil & gas pipeline market can be distinguished into flowlines, transmission pipelines, pipelines, distribution pipelines, and feeder pipelines.
On the basis of sector, the global oil & gas pipeline market can be distinguished into midstream, upstream, and downstream.
On the basis of region, the global oil & gas pipeline market can be distinguished into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
Regional Overview
North America is estimated to dominate the market for oil & gas pipelines
Region-wise, North America held the largest market share of the global oil & gas pipeline market in 2017. The shale gas revolution has changed the North American natural gas market over the last few years. The region has transitioned itself into a gas exporter by converting LNG import terminals into export ports and starting new gas pipelines for exporting the natural gas to Mexico. All these factors are likely to drive the oil & gas pipeline market in the region.
Table of Content
- Report Overview
- Oil & Gas Pipeline Market Trends and Competitive Landscapes
- Segmentation of Market by Type
- Segmentation of Market by End-Users
- Market Analysis by Major Regions
- Product Commodity of Market in Major Countries
- North America Oil & Gas Pipeline Landscapes Analysis
- Europe Oil & Gas Pipeline Landscapes Analysis
- Asia Pacific Oil & Gas Pipeline Landscapes Analysis
- Latin America, Middle East & Africa Oil & Gas Pipeline Landscapes Analysis
- Major Players Profile
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