Pipeline transportation market is anticipated to grow at a CAGR of 6.2% during the forecast period (2024-2031). Pipeline transportation is the core of the global supply of oil, natural gas, and other commodities between nations that comprise a complex network of pipelines and supportive equipment. The market growth is expected to be driven by increasing demand for energy, and the expansion of oil and gas exploration activities. The development of natural gas infrastructure, rising investment in pipeline projects, and advancements in pipeline transportation technology solutions are other contributors to the global market growth.
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The growth in the pipeline transportation market is instigated by the growing demand for energy, particularly from emerging countries such as India, which are highly dependent on oil imports for running industries, automotive, and the consumer sector (LPG). Further, the recent disruptions in the pipeline supply chain owing to geopolitical tension have stimulated countries to develop newer pipeline networks for uninterrupted supply, creating scope for investment in maintaining, monitoring, and upgrading pipeline transportation networks. According to the International Energy Agency (IEA), the increase in global oil production capacity, spearheaded by the US and other producers in the Americas, is likely to exceed demand growth over the 2023–2030 forecast period, inflating the world’s spare capacity cushion to unprecedented levels (excluding the COVID-19 period). By 2030, total supply capacity will increase by 6 million barrels per day (mb/d) to roughly 113.8 mb/d, which is 8 mb/d more than the predicted world demand of 105.4 mb/d.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Pipeline Transportation Market Report Segment
By Type
- Transmission Pipeline
- Distribution Pipeline
- Gathering Pipeline
By Solution
- Automation And Control
- Security Solutions
- Integrity and Tracking Solution
- Network Communication Solution
By Service
- Maintenance & Support Services
- Managed Services
- Consulting Services
By Application
- Oil & Gas
- Water
- Coal
Global Pipeline Transportation Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- The Middle East and Africa
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global pipeline transportation market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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