Report Description

Global Oil & Gas Pipeline Market is expected to grow at a robust pace in the forecast period 2024-2028. Oil demand shall grow from 97 million barrels per day in 2021 to an average of about 1 million barrels per day by 2029, according to the International Energy Agency (IEA). Oil and gas are increasing the size of pipelines and new pipeline projects are being approved. In addition, the global oil and gas pipeline market is expanding due to the expansion of offshore business. However, the shift to sustainable sources of power generation poses significant risks to oil and gas demand and could pose significant challenges to oil and gas pipeline development in the years to come. It is estimated that the demand for natural gas from many end-use sectors, including power generation, shall increase due to the availability of abundant natural gas reserves and cost-effective access unlike other types of fossil fuels.

This shall increase the global oil & gas pipeline market in the coming years. To cover the growing oil and gas consumption, pipeline capacity is being expanded and new pipeline projects are being commissioned. Additionally, increasing offshore activities such as deepwater and ultra-deepwater production and development are driving the oil and gas pipeline market. In addition, abundant natural gas reserves and low cost compared to other types of fossil fuels, among others, are expected to complement demand for natural gas from multiple end-use sectors, including power generation. This is likely to boost the global oil & gas pipeline market during the forecast period.

Increasing projects propelling the Global Oil & Gas Pipeline Market growth during the forecast period

Global oil & gas pipeline market is driven by increasing demand from countries, such as China and India, which are jointly building more gas pipelines than any other part of the world. Both countries lead the way in pipeline length under construction, with annual growth of 9% year-on-year. This is according to data released by the Global Energy Monitor. According to the Global Gas Infrastructure Tracker data collection at the end of 2022, 17,800 kilometers of gas pipelines are under construction in China with an estimated cost of USD21.9 billion and 14,300 kilometers in India with an estimated cost of USD20.7 billion. The next countries with the most gas pipelines under construction are Iran, Russia and Pakistan. The longest pipeline projects under construction are the 2,775-kilometer Iran-Pakistan pipeline and the 2,655-kilometer Jagdishpur-Haldia-Bokaro-Damla Natural Gas Pipeline (JHBDPL) in India.

Pipeline applications include domestic, commercial and industrial. Pipelines can be used to transport natural gas to homes (domestic), jet fuel to airports (commercial), and crude oil to refineries (industrial). Pipelines can transport vast quantities of oil and natural gas. It transports these vast quantities of oil and natural gas more efficiently than traditional transportation by rail, truck or ship. Installing a pipeline system for oil and gas transportation can be completed in a fraction of the time it would take to build a dedicated rail transportation system of similar length. The need to cope with difficult geographic terrain and adverse climatic conditions usually means years of planning, manpower, and longer timelines for rail construction projects. High-capacity pipes can be easily constructed to cross natural geographic barriers, speeding pipeline construction. An advantage of pipeline transportation of oil and natural gas is the efficiency of the process. Pipeline systems consume relatively little energy to transport much more oil than trucks, trains or ships. Pipeline also simplifies the oil and gas metering process with the help of  modular process skid manufacturers for pipeline applications. Extracting oil via pipelines is a greener alternative to transporting it by conventional railroad or oil ship. Since oil pipelines are sealed and mostly underground, they are less harmful to the environment than other modes of transportation. This significantly reduces the carbon footprint.

Advancements in core technologies like Data Analytics, Artificial Intelligence (AI), etc. propelling Global Oil and Gas Pipeline Market

The gradual use of cutting-edge technology like blockchain, cloud computing, AI and data analytics speeds up processing times and decreases the demand for human labor. The easy and preventive transfer of oil and gas has undergone extensive modifications due to the growing technical advancement in the oil and gas industries. Natural gas pipes are used to transport gas from stationary engines to various sites, including houses or export facilities. Assembling systems are used in this operation; the natural gas assembling system assembles the raw materials from manufacturing wells before transferring them via large transmission pipelines from machinery to ports and purifiers. As it relates to upstream, middle, and downstream operations, the oil and gas sector increasingly uses AI and data science to tackle complicated problems. Platforms with AI help decision-making by providing information from predictive, prescriptive, and cognitive analytics. In order to boost ROI, AI assists petroleum engineers and managers in the oil and gas sector in finding and putting into practice fresh concepts for exploration and production. Thus, the above factors are expected to drive the Global Oil and Gas Pipeline Market.

Pipeline inspection advancements boosting Global Oil and Gas Pipeline Market

One of the advancements in pipeline inspection is the use intelligent drone vehicles. They are connected to the Internet of Things (IoT) and provide a cost-effective way to visually inspect pipelines. These drones can operate autonomously even when there are network connectivity issues or limitations. Under these circumstances, drones would continue to collect data and inspect sections of the pipeline within a limited grid area. When it reaches a section of the pipeline where the full network is available, it reconnects and sends the previously collected data. Advances in pipeline inspection technology shall therefore ensure the safety of oil and gas pipelines, which in turn shall increase acceptance over other types of oil and gas transport, thereby contributing to the growth of the Global Oil & Gas Pipeline Market.

Recent Developments:

  • In March 2023, Russia announced progress with China on its planned Power of Siberia 2 pipeline project, which is capable of generating 50 billion cubic metres (bcm) of gas a year. The Russian government says that almost all parameters of the Power of Siberia 2 deal have been agreed (including Mongolia), and that Russian oil and gas company Gazprom is tasked with getting the pipeline delivery deal approved as soon as possible. Construction of the pipeline would begin in 2024 and is expected to be completed in 2029. In addition, Russia has announced plans to expand oil and LNG shipments to China, supplying China with at least 98 billion cubic meters of natural gas and 100 million tons of  LNG by 2030. China National Petroleum Corporation (CNPC) and Gazprom signed a 30-year, USD400 billion deal in May 2014 to supply 38-billion-meter cube of Russian gas to China from 2024.
  • In February 2023, Kuwait's state-owned Kuwait Oil Company (KOC) won a USD77.5 million contract for a project involving the construction of pipelines in two oilfields in the north.


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Market Segmentation

The Global Oil & Gas Pipeline Market is segmented based on type, application, source, region and competitive landscape. Based on type, the market is bifurcated into crude oil pipeline and natural gas pipeline. Based on application, the market is further bifurcated into onshore and offshore. Based on source, the market is segmented into upstream, midstream, downstream. Based on region, the market is divided into North America, Asia-Pacific, Europe, South America, Middle East & Africa.

Market players

The main market players in the Global Oil & Gas Pipeline Market are Nippon Steel Corporation, Tenaris Inc., TMK Group, Mott Macdonald Group Ltd, Shengli Oil & Gas Pipe Holdings Limited, United States Steel Corporation, OMK Steel Ltd, ChelPipe Group, Gazprom PJSC, British Petroleum p.l.c.

Attribute

Details

Base Year

2022

Historic Data

2018– 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments Covered

Type

Application

Source

Region

Regional scope

North America, Asia-Pacific, Europe, South America, Middle East & Africa

Country scope

United States, Canada, Mexico, China, India, Japan, South Korea, Australia, Germany, United Kingdom, France, Italy, Spain, Brazil, Argentina, Colombia, Saudi Arabia, South Africa, UAE

Key companies profiled

Nippon Steel Corporation, Tenaris Inc., TMK Group, Mott Macdonald Group Ltd, Shengli Oil & Gas Pipe Holdings Limited, United States Steel Corporation, OMK Steel Ltd, ChelPipe Group, Gazprom PJSC, British Petroleum p.l.c.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, Global Oil & Gas Pipeline Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         Oil & Gas Pipeline Market, By Type:

o    Crude Oil Pipeline

o    Natural Gas Pipeline    

·         Oil & Gas Pipeline Market, By Application:

o    Onshore

o    Offshore  

·         Oil & Gas Pipeline Market, By Source:

o    Upstream

o    Midstream

o    Downstream   

·         Oil & Gas Pipeline Market, By Region:

o    North America

§  United States

§  Canada

§  Mexico

o    Asia-Pacific

§  India

§  Japan

§  South Korea

§  Australia

§  China

o    Europe

§  Germany

§  United Kingdom

§  France

§  Italy

§  Spain

o    South America

§  Brazil

§  Argentina

§  Colombia

o    Middle East & Africa

§  Saudi Arabia

§  South Africa

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Oil & Gas Pipeline Market.

Available Customizations:

Global Oil & Gas Pipeline Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to ten).

The Global Oil & Gas Pipeline Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

2.1.  Baseline Methodology

2.2.  Key Industry Partners

2.3.  Major Association and Secondary Sources

2.4.  Forecasting Methodology

2.5.  Data Triangulation & Validation

2.6.  Assumptions and Limitations

3.    Executive Summary

4.    Impact of COVID-19 Global Oil & Gas Pipeline Market

5.    Voice of Customers

5.1.  Brand Awareness

5.2.  Factors Considered while Selecting Vendor

5.3.  Key Satisfaction Level

6.    Global Oil & Gas Pipeline Market

6.1.  Market Size & Forecast

6.1.1.            By Value

6.2.  Market Share & Forecast

6.2.1.            By Type (Crude Oil Pipeline, Natural Gas Pipeline)

6.2.2.            By Application (Onshore, Offshore)

6.2.3.            By Source (Upstream, Midstream, Downstream)

6.2.4.            By Region

6.3.  By Company (By 2022)

6.4.  Market Map

7.    North America Oil & Gas Pipeline Market Outlook

7.1.  Market Size & Forecast

7.1.1.            By Value

7.2.  Market Share & Forecast

7.2.1.            By Type

7.2.2.            By Application

7.2.3.            By Source

7.2.4.            By Country

7.3.  North America: Country Analysis

7.3.1.              United States Oil & Gas Pipeline Market Outlook

7.3.1.1.  Market Size & Forecast

7.3.1.1.1.                By Value 

7.3.1.2.  Market Share & Forecast

7.3.1.2.1.                By Type

7.3.1.2.2.                By Application

7.3.1.2.3.                By Source 

7.3.2.              Canada Oil & Gas Pipeline Market Outlook

7.3.2.1.  Market Size & Forecast

7.3.2.1.1.                By Value 

7.3.2.2.  Market Share & Forecast

7.3.2.2.1.                By Type

7.3.2.2.2.                By Application

7.3.2.2.3.                By Source 

7.3.3.              Mexico Oil & Gas Pipeline Market Outlook

7.3.3.1.  Market Size & Forecast

7.3.3.1.1.                By Value 

7.3.3.2.  Market Share & Forecast

7.3.3.2.1.                By Type

7.3.3.2.2.                By Application

7.3.3.2.3.                By Source 

8.    Asia-Pacific Oil & Gas Pipeline Market Outlook

8.1.  Market Size & Forecast

8.1.1.            By Value

8.2.  Market Share & Forecast

8.2.1.            By Type

8.2.2.            By Application

8.2.3.            By Source

8.2.4.            By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.              China Oil & Gas Pipeline Market Outlook

8.3.1.1.  Market Size & Forecast

8.3.1.1.1.                By Value 

8.3.1.2.  Market Share & Forecast

8.3.1.2.1.                By Type

8.3.1.2.2.                By Application

8.3.1.2.3.                By Source 

8.3.2.              India Oil & Gas Pipeline Market Outlook

8.3.2.1.  Market Size & Forecast

8.3.2.1.1.                By Value 

8.3.2.2.  Market Share & Forecast

8.3.2.2.1.                By Type

8.3.2.2.2.                By Application

8.3.2.2.3.                By Source 

8.3.3.              Japan Oil & Gas Pipeline Market Outlook

8.3.3.1.  Market Size & Forecast

8.3.3.1.1.                By Value 

8.3.3.2.  Market Share & Forecast

8.3.3.2.1.                By Type

8.3.3.2.2.                By Application

8.3.3.2.3.                By Source 

8.3.4.              South Korea Oil & Gas Pipeline Market Outlook

8.3.4.1.  Market Size & Forecast

8.3.4.1.1.                By Value 

8.3.4.2.  Market Share & Forecast

8.3.4.2.1.                By Type

8.3.4.2.2.                By Application

8.3.4.2.3.                By Source 

8.3.5.              Australia Oil & Gas Pipeline Market Outlook

8.3.5.1.  Market Size & Forecast

8.3.5.1.1.                By Value 

8.3.5.2.  Market Share & Forecast

8.3.5.2.1.                By Type

8.3.5.2.2.                By Application

8.3.5.2.3.                By Source 

9.    Europe Oil & Gas Pipeline Market Outlook

9.1.  Market Size & Forecast

9.1.1.            By Value

9.2.  Market Share & Forecast

9.2.1.            By Type

9.2.2.            By Application

9.2.3.            By Source

9.2.4.            By Country

9.3.  Europe: Country Analysis

9.3.1.            Germany Oil & Gas Pipeline Market Outlook

9.3.1.1.  Market Size & Forecast

9.3.1.1.1.                By Value 

9.3.1.2.  Market Share & Forecast

9.3.1.2.1.                By Type

9.3.1.2.2.                By Application

9.3.1.2.3.                By Source 

9.3.2.              United Kingdom Oil & Gas Pipeline Market Outlook

9.3.2.1.  Market Size & Forecast

9.3.2.1.1.                By Value 

9.3.2.2.  Market Share & Forecast

9.3.2.2.1.                By Type

9.3.2.2.2.                By Application

9.3.2.2.3.                By Source 

9.3.3.              France Oil & Gas Pipeline Market Outlook

9.3.3.1.  Market Size & Forecast

9.3.3.1.1.                By Value 

9.3.3.2.  Market Share & Forecast

9.3.3.2.1.                By Type

9.3.3.2.2.                By Application

9.3.3.2.3.                By Source 

9.3.4.              Spain Oil & Gas Pipeline Market Outlook

9.3.4.1.  Market Size & Forecast

9.3.4.1.1.                By Value 

9.3.4.2.  Market Share & Forecast

9.3.4.2.1.                By Type

9.3.4.2.2.                By Application

9.3.4.2.3.                By Source 

9.3.5.              Italy Oil & Gas Pipeline Market Outlook

9.3.5.1.  Market Share & Forecast

9.3.5.1.1.                By Value 

9.3.5.2.  Market Share & Forecast

9.3.5.2.1.                By Type

9.3.5.2.2.                By Application

9.3.5.2.3.                By Source 

10. South America Oil & Gas Pipeline Market Outlook

10.1.   Market Size & Forecast

10.1.1.          By Value

10.2.   Market Share & Forecast

10.2.1.          By Type

10.2.2.          By Application

10.2.3.          By Source

10.2.4.          By Country

10.3.   South America: Country Analysis

10.3.1.          Brazil Oil & Gas Pipeline Market Outlook

10.3.1.1.               Market Size & Forecast

10.3.1.1.1.             By Value 

10.3.1.2.               Market Share & Forecast

10.3.1.2.1.             By Type

10.3.1.2.2.             By Application

10.3.1.2.3.             By Source 

10.3.2.          Argentina Oil & Gas Pipeline Market Outlook

10.3.2.1.               Market Size & Forecast

10.3.2.1.1.             By Value 

10.3.2.2.               Market Share & Forecast

10.3.2.2.1.             By Type

10.3.2.2.2.             By Application

10.3.2.2.3.             By Source 

10.3.3.          Colombia Oil & Gas Pipeline Market Outlook

10.3.3.1.               Market Size & Forecast

10.3.3.1.1.             By Value 

10.3.3.2.               Market Share & Forecast

10.3.3.2.1.             By Type

10.3.3.2.2.             By Application

10.3.3.2.3.             By Source 

11. Middle East & Africa Oil & Gas Pipeline Market Outlook

11.1.   Market Size & Forecast

11.1.1.          By Value

11.2.   Market Share & Forecast

11.2.1.          By Type

11.2.2.          By Application

11.2.3.          By Source

11.2.4.          By Country

11.3.   Middle East & Africa: Country Analysis

11.3.1.          Saudi Arabia Oil & Gas Pipeline Market Outlook

11.3.1.1.               Market Size & Forecast

11.3.1.1.1.             By Value 

11.3.1.2.               Market Share & Forecast

11.3.1.2.1.             By Type

11.3.1.2.2.             By Application

11.3.1.2.3.             By Source 

11.3.2.          South Africa Oil & Gas Pipeline Market Outlook

11.3.2.1.               Market Size & Forecast

11.3.2.1.1.             By Value 

11.3.2.2.               Market Share & Forecast

11.3.2.2.1.             By Type

11.3.2.2.2.             By Application

11.3.2.2.3.             By Source 

11.3.3.          UAE Oil & Gas Pipeline Market Outlook

11.3.3.1.               Market Size & Forecast

11.3.3.1.1.             By Value 

11.3.3.2.               Market Share & Forecast

11.3.3.2.1.             By Type

11.3.3.2.2.             By Application

11.3.3.2.3.             By Source 

12. Market Dynamics

12.1.   Drivers

12.2.   Challenges

13. Market Trends & Developments

14. Company Profiles

14.1.   Nippon Steel Corporation

14.1.1.      Business Overview

14.1.2.      Key Revenue and Financials (If Available)

14.1.3.      Recent Developments

14.1.4.      Key Personnel

14.1.5.      Key Product/Service

14.2.   Tenaris Inc.

14.2.1.      Business Overview

14.2.2.      Key Revenue and Financials (If Available)

14.2.3.      Recent Developments

14.2.4.      Key Personnel

14.2.5.      Key Product/Service

14.3.   TMK Group

14.3.1.      Business Overview

14.3.2.      Key Revenue and Financials (If Available)

14.3.3.      Recent Developments

14.3.4.      Key Personnel

14.3.5.      Key Product/Service

14.4.   Mott Macdonald Group Ltd

14.4.1.      Business Overview

14.4.2.      Key Revenue and Financials (If Available)

14.4.3.      Recent Developments

14.4.4.      Key Personnel

14.4.5.      Key Product/Service

14.5.   Shengli Oil & Gas Pipe Holdings Limited

14.5.1.      Business Overview

14.5.2.      Key Revenue and Financials (If Available)

14.5.3.      Recent Developments

14.5.4.      Key Personnel

14.5.5.      Key Product/Service

14.6.   United States Steel Corporation

14.6.1.      Business Overview

14.6.2.      Key Revenue and Financials (If Available)

14.6.3.      Recent Developments

14.6.4.      Key Personnel

14.6.5.      Key Product/Service

14.7.   OMK Steel Ltd

14.7.1.      Business Overview

14.7.2.      Key Revenue and Financials (If Available)

14.7.3.      Recent Developments

14.7.4.      Key Personnel

14.7.5.      Key Product/Service

14.8.   OMK Steel Ltd

14.8.1.      Business Overview

14.8.2.      Key Revenue and Financials (If Available)

14.8.3.      Recent Developments

14.8.4.      Key Personnel

14.8.5.      Key Product/Service

14.9.   ChelPipe Group

14.9.1.      Business Overview

14.9.2.      Key Revenue and Financials (If Available)

14.9.3.      Recent Developments

14.9.4.      Key Personnel

14.9.5.      Key Product/Service

14.10. Gazprom PJSC

14.10.1.   Business Overview

14.10.2.   Key Revenue and Financials (If Available)

14.10.3.   Recent Developments

14.10.4.   Key Personnel

14.10.5.   Key Product/Service

15. Strategic Recommendations

15.1.   Dominating Market by Type

15.2.   Fastest Growing Market by Application

15.3.   Dominating Market by Region

16. About Us & Disclaimer

(Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

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Most collection and transportation pipelines are constructed of steel, but a relatively small portion of gas transportation pipelines are constructed of plastics, iron, composites, and other materials.

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Gas pipes are typically about 4 inches nominal, but it is common for some gas systems to use 8-inch pipe.

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The main challenges in the Global Oil & Gas Pipeline Market are high cost of oil and gas pipelines.

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Major market players are Nippon Steel Corporation, Tenaris Inc., TMK Group, Mott Macdonald Group Ltd, Shengli Oil & Gas Pipe Holdings Limited, United States Steel Corporation, OMK Steel Ltd, ChelPipe Group, Gazprom PJSC, British Petroleum p.l.c.

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Parvati Sharma

Account Manager BD
Press Release

Oil and Gas Pipeline Market is expected to Register a high CAGR

Jun, 2023

Global Oil & Gas Pipeline Market is expected to grow due to new pipeline projects being commissioned & an increase in offshore activities throughout the forecast period.