Onshore Oil And Gas Pipeline Market Size, Share, Industry Trends and Forecast to 2033
This report delves into the Onshore Oil and Gas Pipeline market, providing comprehensive insights, data analysis, and forecasts from 2023 to 2033. Key metrics include market size, growth trends, and segment performance across various regions and sectors.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $126.80 Billion |
| CAGR (2023-2033) | 4.7% |
| 2033 Market Size | $202.57 Billion |
| Top Companies | TransCanada Corporation, Enbridge Inc., Kinder Morgan, Inc., ONEOK, Inc. |
| Last Modified Date | 15 Nov 2024 |
Onshore Oil And Gas Pipeline Market Report (2023 - 2033)
Onshore Oil And Gas Pipeline Market Overview
What is the Market Size & CAGR of Onshore Oil And Gas Pipeline market in 2023?
Onshore Oil And Gas Pipeline Industry Analysis
Onshore Oil And Gas Pipeline Market Segmentation and Scope
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Onshore Oil And Gas Pipeline Market Analysis Report by Region
Europe Onshore Oil And Gas Pipeline Market Report:
Europe's market is forecasted to grow from $38.50 billion in 2023 to $61.50 billion by 2033. Factors such as energy diversification strategies, interconnectivity projects between nations, and a shift towards renewable energy sources influence market dynamics substantially.Asia Pacific Onshore Oil And Gas Pipeline Market Report:
In 2023, the Asia Pacific region's onshore oil and gas pipeline market is valued at approximately $24.51 billion, projected to rise to $39.16 billion by 2033. This growth is primarily driven by increasing energy demand and significant investments in pipeline infrastructure across countries like China and India, emphasizing the development of natural gas networks.North America Onshore Oil And Gas Pipeline Market Report:
North America's onshore oil and gas pipeline market, leading with an estimated size of $44.34 billion in 2023, is projected to reach $70.84 billion by 2033. The surge in shale gas production and ongoing infrastructure expansions drive the growth in this region, alongside supportive regulatory frameworks.South America Onshore Oil And Gas Pipeline Market Report:
The South American market, valued at $9.17 billion in 2023, is expected to grow to $14.65 billion by 2033. Notable investments in exploration activities and the expansion of pipeline networks in oil-rich countries like Brazil and Venezuela are the key growth contributors in this region.Middle East & Africa Onshore Oil And Gas Pipeline Market Report:
With a 2023 market size of $10.28 billion, the Middle East and Africa region is expected to grow to $16.43 billion by 2033. The discovery of new hydrocarbon reserves and regional projects focusing on enhancing oil and gas distribution systems are pivotal growth drivers.Request a custom research report for industry.
Onshore Oil And Gas Pipeline Market Analysis By Material
Global Onshore Oil and Gas Pipeline Market, By Material Market Analysis (2023 - 2033)
The Onshore Oil and Gas Pipeline market segment based on material reveals that steel pipelines dominate, holding an 80.99% market share in 2023, valued at $102.70 billion. With advancements in corrosion-resistant coatings and steel grade innovations, the steel segment is projected to grow to a market size of $164.06 billion by 2033, reflecting continued preference due to its robustness. The plastic pipeline segment, while smaller with 19.01% share ($24.10 billion in 2023), shows potential growth as lightweight alternatives and cost-effective solutions gain popularity, expected to reach $38.51 billion by 2033.
Onshore Oil And Gas Pipeline Market Analysis By Diameter
Global Onshore Oil and Gas Pipeline Market, By Diameter Market Analysis (2023 - 2033)
The breakdown by diameter indicates that small diameter pipelines (< 12 inches) dominate the market, accounting for 65.87% of market share ($83.52 billion in 2023). This segment is anticipated to grow to $133.44 billion by 2033. Medium diameter pipelines (12-24 inches) represent 28.53% of the market share, valued at $36.18 billion, with projections reaching $57.79 billion by 2033. In contrast, large diameter pipelines (> 24 inches) maintain a modest presence, expected to grow from $7.10 billion to $11.34 billion over the forecast period.
Onshore Oil And Gas Pipeline Market Analysis By Application
Global Onshore Oil and Gas Pipeline Market, By Application Market Analysis (2023 - 2033)
In the application segment, crude oil transportation is the leading category, capturing 65.87% of the total market ($83.52 billion in 2023) and projected to rise to $133.44 billion. Natural gas transportation closely follows, making up 28.53% and valued at $36.18 billion, with an anticipated growth to $57.79 billion. The refined products transportation segment, though smaller at 5.6% ($7.10 billion), is also expected to expand, highlighting diverse applications driving the pipeline market.
Onshore Oil And Gas Pipeline Market Analysis By Technological Advancement
Global Onshore Oil and Gas Pipeline Market, By Technological Advancement Market Analysis (2023 - 2033)
Technologically, traditional pipeline technologies dominate the landscape, retaining an 80.99% market share ($102.70 billion in 2023) with growth expected to reach $164.06 billion by 2033. However, the smart pipelines segment is gaining traction, representing a 19.01% share ($24.10 billion in 2023), which is projected to increase to $38.51 billion due to innovations such as remote monitoring and leak detection systems driving safety and efficiency.
Onshore Oil And Gas Pipeline Market Analysis By Ownership
Global Onshore Oil and Gas Pipeline Market, By Ownership Market Analysis (2023 - 2033)
In terms of ownership, public ownership pipelines dominate with a market share of 65.87%, valued at $83.52 billion in 2023, expected to grow to $133.44 billion by 2033. Private ownership accounts for 28.53% ($36.18 billion), with a projected increase to $57.79 billion, emphasizing a varied approach to pipeline management. Joint ventures, while smaller at 5.6%, are significant, suggesting collaborative efforts in resource sharing and operational efficiency are on the rise.
Onshore Oil And Gas Pipeline Market Trends and Future Forecast
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Global Market Leaders and Top Companies in Onshore Oil And Gas Pipeline Industry
TransCanada Corporation:
TransCanada Corporation is a leading North American pipeline company specializing in the transportation of natural gas and liquids with ambitious infrastructure projects expanding throughout North America.Enbridge Inc.:
Enbridge Inc. is a major player in the energy sector, known for its extensive pipeline system in North America, focusing on safely and efficiently transporting oil and natural gas.Kinder Morgan, Inc.:
Kinder Morgan, Inc. operates the largest natural gas pipeline network in North America, playing a fundamental role in oil and gas transportation across the continent.ONEOK, Inc.:
ONEOK, Inc. is a prominent service provider in the midstream sector with a significant natural gas liquids transportation and distribution presence.We're grateful to work with incredible clients.
