Onshore Oil and Gas Pipelines Market: Overview
Increasing demand for energy has made crude oil and natural gas an essential part of the world’s energy mix. Though coal dominates the global energy mix, crude oil and natural gas also hold significant shares of the mix. Crude oil and natural gas have become more of a necessity than a commodity today. Crude oil and natural gas are extracted from underground reservoirs and with little processing, they are traded in national and international markets. Oil and gas are transported primarily through pipelines, truck tankers, ships or vessels, and railways. A majority of transportation takes place through pipelines, as they can handle bulk transfer without much issues. Though the initial investment in laying pipelines is high, large-quantity movement makes pipelines one of the most economical methods to transport oil and gas from one location to another over long distances. Due to this, the number of cross-border pipelines carrying oil and gas from producers to refiners or end-users is large.
Onshore Oil and Gas Pipelines Market: Key Segments
Based on type, the onshore oil and gas pipelines market can be segmented into electric resistance welded (ERW) pipes, spiral submerged arc welded (SSAW) pipes, longitudinally submerged arc welded (LSAW) pipes, and others. ERW pipes have high dimensional accuracy, short weld joints, and uniform thickness. They can withstand high pressure. SSAW pipes are welded and formed simultaneously and they have spiral welding joints that can help avoid high stress and provide enhanced force resistance. LSAW pipes are made from single-plate steel to which double-sided submerged arc welding is applied. These pipes have thick walls and large diameters. They can easily withstand low temperature and high pressure.
Based on product, the onshore oil and gas pipelines market can be classified into crude oil, natural gas & NGL, and refined products. The crude oil segment is projected to hold a leading share of the global onshore oil and gas pipelines market during the forecast period. The segment is expected to maintain its dominance during the forecast period. The natural gas & NGL segment is likely to expand at a rapid pace during the forecast period, primarily due to rising popularity and increasing usage of natural gas as a clean alternative for various fuels such as diesel and fuel oil. The refined products segment is likely to hold a minor share of the onshore oil and gas pipelines market, as refined products are transported largely through roadways or railways presently.
Onshore Oil and Gas Pipelines Market: Regional Outlook
In terms of region, the global onshore oil and gas pipelines market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is estimated to dominate the global onshore oil and gas pipelines market during the forecast period, owing to rising investments in oil and gas infrastructure in the region mainly led by shale boom in the U.S. The region is expected to maintain its dominance during the forecast period also. On the other hand, the onshore oil and gas pipelines market in the Asia Pacific region is likely to expand at a considerable pace during the forecast period, primarily owing to increase in the demand for energy, rise in investments in exploration and production activities, and upcoming pipeline projects in the region, especially in developing countries such as China and India.
Onshore Oil and Gas Pipelines Market: Key Players
Key players operating in the global onshore oil and gas pipelines market are Arcelor Mittal S.A., Tenaris S.A., Vallourec S.A., Metalurgica Gerdau S.A., JSW Steel Limited, JFE Steel Corporation, Jiangsu Chang bao Steel Tube Co., Ltd., American Cast Iron Pipe Company, Jindal SAW Ltd, EUROPIPE Group, and Essar Steel.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.