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The onshore oil and gas pipeline market size is forecast to increase by USD 17.8 billion, at a CAGR of 5.06% between 2023 and 2028. The market is experiencing a surge in demand driven by several key factors. Firstly, the adoption of big data analytics is on the rise, helping companies optimize operations and enhance decision-making. Secondly, there is an increasing reliance on satellite-based pipeline monitoring systems, which offer improved safety and efficiency in managing extensive pipeline networks. Lastly, falling raw material prices are contributing to cost reductions, making investments in advanced technologies more feasible for industry players. These elements are collectively propelling the market forward, highlighting the critical role of technological advancements and economic trends in shaping its growth trajectory.
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Onshore pipelines come in various types, including ERW (Electric Resistance Welded), SSAW (Submerged Arc Welded), and LSAW (Long Seam Welded) pipes. These pipelines transport Natural Gas Liquids (NGL) and other energy sources from underground reservoirs to domestic markets and international transport via ships, boats, railways, and trucks. Despite the challenges, the pipeline industry remains a significant contributor to the energy sector, providing a reliable and efficient means of transporting fossil fuels and renewable sources. Our researchers analyzed the market research and growth data with 2023 as the base year, along with the key market growth analysis, trends, and challenges. A holistic analysis of drivers, trends, and challenges will help companies refine their marketing strategies to gain a competitive advantage.
Rising global energy demand is the key factor driving market growth. The market is experiencing significant growth due to the increasing consumption of oil and gas as primary sources of energy. The International Energy Agency (IEA) forecasts that gas demand will continue to rise, driven by electricity consumption and the transportation sector, despite lockdown restrictions and travel limitations in various parts of the world. Major oil and gas companies, such as CNPC, are expanding their exploration and production (E and P) activities to meet the escalating energy demand.
As a result, fossil fuel types, such as oil and natural gas, continue to dominate the energy landscape, with natural gas reserves playing a vital role in meeting the world's energy needs. The growing demand for energy and the need for transportation infrastructure have led to the development of extensive pipeline networks. These pipelines are essential for transporting crude oil and natural gas, which cannot be easily transported through other means, such as trucks, ships, boats, railways, or national and international transport. The pipeline infrastructure includes various types of pipes, such as ERW pipes, SSAW pipes, and LSAW pipes, used for transporting natural gas liquids (NGL) and other energy sources. Pipeline transportation of crude oil and natural gas is a cost-effective and efficient method compared to other modes of transport. The market is expected to continue its growth trajectory, driven by the increasing energy consumption and the need for reliable transportation infrastructure.
Big data analytics in oil and gas industry is the primary trend shaping market growth. The market plays a pivotal role in the oil and gas industry, facilitating the transportation of crude oil and natural gas from production sites to power generation facilities, domestic markets, and international markets. Amidst the ongoing lockdown restrictions and travel limitations, the demand for gas as a primary source of electricity consumption has surged. Consequently, pipeline projects have gained significance in the energy sector. Onshore pipelines are essential for transporting natural gas from underground reservoirs to LNG regasification terminals, power generation plants, and domestic markets. These pipelines are constructed using various types of pipes, including ERW pipes, SSAW pipes, and LSAW pipes.
Further, despite the growing importance of renewable sources, fossil fuels continue to dominate the energy landscape. The onshore pipelines play a crucial role in transporting these fuels, ensuring their availability in domestic and international markets. The transportation modes include pipelines, trucks, ships, boats, railways, and national and international transport networks. In conclusion, the market is a vital component of the oil and gas industry, facilitating the transportation of crude oil and natural gas from production sites to power generation facilities, domestic markets, and international markets. The market's significance is further emphasized in the context of the ongoing energy transition and the increasing demand for natural gas as a primary source of electricity consumption.
Rising demand for renewable energy sources is the major challenge that impedes market growth. The market is witnessing significant changes due to the increasing shift towards renewable energy sources. According to the International Energy Agency (IEA), the production of renewable energy is projected to expand by over three times between 2020 and 2040. This trend is driven by the declining costs of renewable technology and equipment, making solar and wind power more cost-effective than traditional fossil fuel types, such as natural gas. As a result, pipeline projects for transporting crude oil and natural gas are facing challenges. Lockdown restrictions and travel limitations have impacted gas demand, particularly in the power generation sector, where natural gas is a key component.
Electricity consumption has shifted towards renewable sources, reducing the need for natural gas in power generation. Meanwhile, natural gas consumption for transportation, such as LNG trade, shale gas deposits, and energy consumption in underground reservoirs, is also being affected. Budget constraints and the diversion of investments from oil and gas projects to renewables are expected to hamper the growth of the oil and gas industry. Despite these challenges, the market continues to play a crucial role in the transportation of oil and natural gas. ERW pipes, SSAW pipes, and LSAW pipes are used extensively in pipeline construction. Natural gas reserves remain a significant energy source, particularly in domestic markets and international markets.
The market encompasses the production, installation, and maintenance of pipelines for transporting natural gas and other fossil fuels. In the current scenario, pipeline projects face challenges due to lockdown restrictions and travel restrictions, impacting the raw material supply and production rate. However, the demand for gas and electricity consumption continues to rise, making pipelines a crucial part of the energy infrastructure.
The market share growth by the Gas pipelines segment will be significant during the forecast period. They are used for transporting natural gas. The pipelines can be gathering lines, transmission lines, or distribution lines. The global oil and gas demand is increasing with an important shift toward gas as fuel for power generation and domestic consumption. Natural gas is progressively substituting more polluting fossil fuels for electricity generation worldwide. Natural gas not only releases a lower amount of carbon dioxide but is also considered an ideal substitute for coal. Natural gas for power generation requires a continuous supply of natural gas that is achieved by constructing gas pipelines from the supply point to the power plant.
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Further, the transportation of natural gas via pipelines, LNG regasification terminals, and other means, such as trucks, ships, boats, and railways, is essential for meeting the energy consumption demands of both domestic and international markets. The market is a significant contributor to the energy sector, providing a reliable and efficient means of transporting natural resources. Despite challenges, such as lockdown restrictions and the rise of renewable sources, the market continues to grow and adapt to meet the evolving energy needs of the world.
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APAC is estimated to contribute 44% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market is a significant sector in the energy industry, playing a crucial role in the supply of raw materials for various business activities. The production rate of this market is substantial, with diesel and fuel oil being major transported products. Refined products, such as gasoline and jet fuel, also find extensive use in this market. Furthermore, electricity generation is another essential application of onshore pipelines. The shale boom has significantly impacted the market, leading to increased investment opportunities. The market's business activities have seen a surge due to the availability of abundant shale resources.
Further, investors are increasingly recognizing the potential of this sector, leading to significant capital inflows. Despite the challenges posed by fluctuating oil prices, the Market continues to be a vital contributor to the energy sector. The market's resilience is evident in its ability to adapt to changing market conditions and maintain a steady production rate. In conclusion, the Market is a dynamic and essential sector in the energy industry. Its role in the supply of raw materials, production of refined products, electricity generation, and business activities is significant. The shale boom has opened up new investment pockets, making this market an attractive destination for investors. The market's ability to adapt to changing market conditions and maintain a steady production rate is a testament to its resilience.
The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ArcelorMittal SA: The company offers onshore oil and gas pipelines such as oil country tubular goods and seamless line pipes.
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market research report provides comprehensive data (region wise segment analysis), with market growth and forecasting and estimates in "USD Million" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
Oil and Gas Pipeline Market: Oil and Gas Pipeline Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, Canada, China, India, Russia - Size and Forecast
Oil and Gas Logistics Market: Retail Oil and Gas Logistics Market by Mode of Transportation and Geography - Forecast and Analysis
The market is a significant sector in the energy industry, playing a crucial role in transporting crude oil and natural gas from production sites to refineries and end-users. This market encompasses the design, construction, installation, and maintenance of pipelines on land. Onshore pipelines offer several advantages, including lower transportation costs, easier accessibility for maintenance, and reduced environmental risks compared to offshore pipelines. The demand for onshore pipelines is driven by the increasing consumption of oil and gas, the expansion of oil and gas production, and the growing focus on reducing carbon emissions through the use of natural gas as a cleaner alternative to coal. The national transport of oil and gas infrastructure heavily relies on CGD truck tankers to ensure efficient and safe delivery across the country.
The market is diverse, with various types of pipelines catering to different applications. These include gathering pipelines, which transport crude oil and natural gas from wellheads to processing facilities; transmission pipelines, which transport oil and gas over long distances; and distribution pipelines, which deliver oil and gas to end-users. The market is expected to grow steadily due to the increasing energy demand and the ongoing efforts to reduce carbon emissions. The market is also witnessing technological advancements, such as the use of smart pipelines and the integration of renewable energy sources, which are expected to drive innovation and efficiency in the sector.
Market Scope |
|
Report Coverage |
Details |
Page number |
176 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.06% |
Market Growth 2024-2028 |
USD 17.8 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
4.72 |
Regional analysis |
APAC, North America, Middle East and Africa, Europe, and South America |
Performing market contribution |
APAC at 44% |
Key countries |
US, China, Russia, Canada, and India |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Abu Dhabi National Oil Co., ArcelorMittal SA, Baosteel Group Corp., Bechtel Corp., BP Plc, Burrow Global LLC, Essar, GAIL India Ltd., General Electric Co., Gulf Companies, Hyundai Heavy Industries Co. Ltd., Jiangsu Yulong Steel Pipe Technology Co. Ltd., JSW Group, Saipem S.p.A., Salzgitter AG, Sentiec Oyj, Shengli Oil and Gas Pipe Holdings Ltd., TechnipFMC plc, Tenaris SA, and Zhejiang Kingland Pipeline and Technologies Co. Ltd. |
Market dynamics |
Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the market forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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