Oil and gas pipelines are majorly used for transferring oil and natural gas from the place of production to the place of use. These pipes are generally buried under the ground or water for ensuring smooth supply of oil and gas. The oil pipes are generally made of steel or plastic, on the other hand the gas pipes are made up of carbon steel.
MARKET DYNAMICS
The rising investment in the energy and power sector by various government bodies across the globe is contributing to the rise in demand for oil and gas pipelines. Additionally, the growing demand for oil and natural gas across both residential and commercial sector is further expected to contribute to the growth of the global oil and gas pipeline market.
MARKET SCOPE
The "Global Oil and Gas Pipeline Market Analysis To 2028" is a specialized and in-depth study of the technology, media, and telecommunications industry with a special focus on global market trend analysis. The oil and gas pipeline market report aims to provide an overview of the oil and gas pipeline market with detailed market segmentation by oil type, application, stream type, and geography. The global oil and gas pipeline market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading oil and gas pipeline market player and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global oil and gas pipeline market is segmented based on oil type, application, stream type. Based on oil type, the oil and gas pipeline market is segmented into crude oil pipeline, natural gas pipeline. Based on application, the oil and gas pipeline market is segmented into onshore, offshore. Based on stream type, the oil and gas pipeline market is segmented into Upstream, Midstream, Downstream.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global oil and gas pipeline market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The oil and gas pipeline market by each region is later sub-segmented by respective countries and segments. The oil and gas pipeline market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the oil and gas pipeline market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the oil and gas pipeline market in these regions.
IMPACT OF COVID-19 ON OIL AND GAS PIPELINE MARKET
The sudden outbreak of the COIVD-19 pandemic negatively impacted the growth of the global oil and gas pipeline market. The demand for oil and petrochemical products declined significantly from the industrial sector owing to strict lockdown imposed by government bodies which affect the demand side of the market. Additionally, the stringent lockdown imposed by various government bodies across impacted the oil and gas pipeline manufacturers thereby impacting the growth of the global oil and gas pipeline market from the supply side as well.
MARKET PLAYERS
The reports cover key developments in the oil and gas pipeline market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from oil and gas pipeline market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the oil and gas pipeline market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the oil and gas pipeline market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Tenaris
- TMK Group
- NIPPON STEEL ENGINEERING CO., LTD.
- Chevron Corporation.
- ConocoPhillips Company.
- NOV Inc.
- SUBSEA 7
- TechnipFMC plc
- Welspun
- Shell