Global Pipeline & Process Services Market, By Asset Type (Pipeline, Process), By Operation (Pre-comm

Published Date: | Report Code : EP1958389

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Discoveries of new oil and gas reserves is expected to drive the growth of pipeline & process services market during the forecast period. This has resulted some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Pipelines are the most crucial & affordable transportation mode for various kinds of products such as chemicals, liquid petroleum, natural gas, water, and crude oil among many others from drilling sites to the storage terminals and end-users. They are made from carbon steel, or plastic tubes and have a diameter from 2 inches to 60inches. These are buried a couple of meters underground.

Segment Analysis:

Based on the asset type, it is bifurcated into the pipeline and process. The pipeline asset is further bifurcated into transmission and distribution, while the process is subdivided into FPS, Refinery & Petrochemical, and Gas Storage & Processing. The Pipeline segment is anticipated to be the largest asset type. Many pipeline projects have been commissioned in recent times, due to oil price rise.

By the operation, the segmentation is Pre-commissioning & Commissioning, Maintenance, and Decommissioning. The pre-commissioning & commissioning operation holds the largest share among the operations. The high volume of gas processing & storage and refinery capacity commissions in the Middle East & North America regions are driving this segment. The pipeline pre-commissioning & commissioning activities have the majority share due to the large volume of pipeline pre-commissioning in the North America region.

The North America region has a large share of the market for pipeline & process services. It has more than 2,200,000 km of pipeline. The Middle East and APAC regions are also showing high growth potential.

Key Factors Impacting Market Growth:

  • Increasing demand for energy

  • Discoveries of new oil and gas reserves

Regional Analysis:

The regional outlook for pipeline and process services market provides detailed information for markets including North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America and Western Europe are estimated to be key regions for pipeline & process services market during the forecast period. Being one of the industrialized regions, the energy & power sector is key to the operations of various industries in this region. This is one of the important factors governing the growth of pipeline & process services market in these regions. Some of the major countries covered in this region include US, Germany, UK, France, Italy, Canada, and so on.

Asia Pacific is estimated one of the fastest growing regions for pipeline and process services market during the forecast period. Some of the fastest growing economies and increasing demand for energy & power to cater high population & industries is expected to drive the demand in this region. China and India are projected to register major demand during the forecast period. Middle East that includes UAE, Saudi Arabia, Iran, Qatar, and others promises high market potential during the forecast period. Rest of the World including South America and Africa are emerging regions in terms of market demand during the forecast period.

Companies Covered: EnerMech, IKM, Halliburton, BHGE, Hydratight, Altus Intervention, Bluefin Group, Tucker Energy Services, Trans Asia Pipelines, Chenergy, and Techfem

Market Segmentation:

By Asset Type:

  • Pipeline

    • Transmission

    • Distribution

  • Process

    • FPS

    • Refinery & Petrochemical

    • Gas Storage & Processing

By Operation:

  • Pre-commissioning & Commissioning

  • Maintenance

  • Decommissioning

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Asset Type

    • By Operation

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Type

    • By Operation

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Type

    • By Operation

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Type

    • By Operation

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Type

    • By Operation

  • Rest of the World

    • By Region (South America, Africa)

    • By Type

    • By Operation

Reasons To Buy This Report:

  • Market size estimation of the global Pipeline & Process Services Market on regional and global basis

  • The unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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