Overview

The market is growing at a CAGR of 6.60% during the forecast period (2024-2031).

An oil and gas pipeline transports oil or gas under high pressure, typically made from materials like concrete, steel, and plastic. These pipelines carry natural resources from purification sites to processing facilities before reaching end-use consumers. Pipeline systems connect various locations to efficiently move resources across regions, incorporating safety measures to prevent accidents or leaks caused by corrosion or other issues during transit.

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Market Growth Trends

Crude oil pipelines provide a cost-effective solution

Crude oil pipelines contribute to market growth by enabling oil and gas producers to access new markets. For example, a pipeline that connects a production site in one region to a refinery or storage facility in another can create opportunities for the oil and gas produced at that location to reach new consumers.

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Market is Segmented

By Type:  Crude Oil Pipeline, Natural Gas Pipeline

By Service:  Pre-commissioning and Commissioning Services, Maintenance Services, Inspection Services, Decommissioning Services

By Location of Deployment:  Onshore, Offshore

By Region:  North America, Latin America, Europe, Asia Pacific, Middle East, and Africa

Market Key Players

·         Tenaris

·         ArcelorMittal SA

·         Nippon Steel Corporation

·         ChelPipe Group

·         Chevron Corporation

·         Maharashtra Seamless Ltd.

·         National Oilwell Varco

·         Subsea 7 S.A.

·         TechnipFMC

·         Royal Dutch Shell P.L.C.

Related Reports

Oil & Gas Upstream Market

Oil and Gas Drilling Automation Market

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