Global Oil & Gas Pipeline Fabrication and Construction Market - Market Analysis by Geography, by Service and Type of Product Transported, Competitive Landscape, Key Company Information - Growth Trends and Forecasts (2017 - 2022)

Published - Jan 2017 | Category - Energy and Power | No. of Pages - 139 | Published By - Mordor Intelligence

Report Highlights

In Oil & Gas, pipelines are used to solve the problem of mismatch between demand and production locations. They are the most efficient and carbon free form of transport system available for Oil & Gas industry. Compared to other forms of transport, pipelines have low cost of transportation per unit and can handle very large volumes continuously.

Increasing demand for energy and petro chemicals, growing use of natural gas in electric generation, increasing exploration and production activities in deep waters and obscure locations are driving the Global Oil & Gas Pipeline Fabrication and Construction industry. On the flip side, environmental issues and security threats to pipelines are holding the market back. Still, there are lots of opportunities in this sector as various producers of natural gas are contemplating huge pipeline projects to reach their customer base.

Like in other Oil & Gas related sectors North America is leading global Pipeline Fabrication and Construction market with USA being the dominant player in this region because of burgeoning shale industry and prospective pipeline projects. Asia Pacific has one of the highest growth rates in this segment and set to overtake North America in future. Oil rich Middle East and North Africa also has a significant share geographically.

This report comprehensively analyzes the Oil & Gas Pipeline Fabrication and Construction market by segmenting it based on geography, service (fabrication and construction) and type of product transported (natural gas, crude oil, refined products and chemicals). Estimates in each segment are provided for next six years. Key drivers and restraints that are effecting the growth of this market are discussed in detail. The study also elucidates on competitive landscape and key market players.  
 

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