Crude Oil Pipelines Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

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Crude Oil Pipelines Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Status : July, 2020 | Energy & Mining | PPT format

Report Digest


Global Crude Oil Pipelines Market: Overview

The oil pipeline transportation industry developed in the course of recent years, driven by unfaltering oil production everywhere throughout the world. As the production expanded, oil and gas organizations demanded extra pipeline ability to transport crude petroleum from extraction destinations to refineries, where crude petroleum can be refined into higher value products like gas. Over the coming years, crude petroleum production will propel the sector to rise, and pipeline ventures will drive industry development.

On the basis of the type, the global crude oil pipelines market is segmented into offshore pipeline and onshore pipeline. Among these, the offshore pipeline fragment is foreseen to lead the market. The development of this section will be decent in the coming years of the estimate time frame, and the segment is anticipated to encounter a decrease in the development rates amid in the later years. Investigators evaluate the length of the unrefined petroleum pipeline frameworks in the onshore segment to stretch out to around 356 thousand miles in forthcoming years.

Global Crude Oil Pipelines Market: Trends and Opportunities

The major hydrocarbon-rich countries declared in the beginning 20th century have begun to change notably, which will stimulate the exploration and production (E&P) firms to begin the exploration tasks of oil and gas exploration activities in non-traditional avenues. The market research report depicts the rapid shift in the origin of crude oil reserves to be among one of the major reasons behind the fuelling demand for the mentioned market. The past few years have been witnessing a substantial decrease in the production rate of crude oil all over the world for example, the Middle East, the North Sea, and the Gulf of Mexico. Thus, several crude oil firms have shifted their exploration to comparatively new regions for example, the Yamal basin in Russia.

However, the transport of heavy crude via pipelines is among the major hindrances that are being experienced by crude oil pipeline operators. The increased density of crude oils and high-level cooling properties makes their transport during the long distance pipelines comparatively cumbersome. This results in various operational problems. This is anticipated to lead to the rise in adoption of upgraded pipeline technology among all the oil and gas pipeline firms in the forthcoming years.

Global Crude Oil Pipelines Market: Regional Analysis

Geographically, the global crude oil pipelines market is segregated into North America, Europe, Asia Pacific, and the Middle East and Africa.

Global Crude Oil Pipelines Market: Competitive Landscape

Since the penetration in the crude oil pipelines market is difficult for any vendor, there are various existing players in the market. To enable players to characterize the shapes of their profit levels more precisely, this market research and investigation divides the market into three particular verticals, for example, pipeline operators, service providers, and pipeline contractors. Each market segment is portrayed by the existence of various pipeline organizations that compete equally to achieve an impressive share of the market. Therefore, the competitive landscape of the market appears to be tough.

Some of the leading players in the market are GE Oil & Gas, ABB, Saipem, Technip, Kinder Morgan, and Shell. Apart from these, the other important firms existing in the global crude oil pipelines market are BP, Bharat Petroleum, Cairn, China National Petroleum Corporation, Caspian Pipeline Consortium, Inter Pipeline, Saudi Aramco, MOL Group, Sunoco, Aker Solutions, Valero Energy, Bechtel, Hyundai Heavy Engineering, Daewoo Engineering & Construction, Mott Macdonald, Worley Parson, Tecnicas Reunidas, Emerson Process Management, Huawei Technologies, FMC Technologies, Infosys, SAP, Rockwell Automation, Schneider Electric, Yokogawa Electric Corporation, WIPRO, and ZTE Corporation.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.