Future Growth of Gas Pipeline Infrastructure Market 2024 Global Analysis By Key Players - Enbridge Inc, Europipe GmbH, Gazprom, APA Group, CRC Evans Pipeline International, General Electric, Snam Rete Gas, Redexis Gas, Saipem S.p.A, Technip S.A, MRC Globa

MarketStudyReport.com Adds New global Gas Pipeline Infrastructure market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.

Upsurge in the need to enhance the international natural gas trade to suffice the energy demand and generation targets will positively drive the transmission gas pipeline infrastructure market. In 2016, Spectra Energy and TransCanada awarded contract to combinedly build, own and operate the new pipeline from Texas to Tuxpan, Mexico. The aim of the USD 3.6 billion worth 270-km pipeline plan is to successfully supply the U.S. shale to power plants in Mexico by 2018.

Key players across the gas pipeline infrastructure market includes Enbridge Inc, Europipe GmbH, Gazprom, APA Group, CRC Evans Pipeline International, General Electric, Snam Rete Gas, Redexis Gas, Saipem S.p.A, Technip S.A, MRC Global, Chelpipe, DCP Midstream LLC, Engas, GAIL (India) Limited, National Oilwell Varco, Perusahaan Gas Negara, Welspun Corporation.

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Italy gas pipeline infrastructure market is projected to surpass cumulative installation of 300 ?000 km by 2024. Rising investments to develop transmission links to cross border transactions through offshore routes will complement the business growth. In 2016, Saipem entered into an agreement with Trans Adriatic Pipeline AG to develop 105 km of 36? offshore gas pipeline between coastlines of Italy and Albania.

Global Gas Pipeline Infrastructure Market size is set to exceed USD 2 trillion by 2024. Growing discoveries of unconventional reserves coupled with increasing number of gas fired power generation stations across the globe will drive the gas pipeline infrastructure market size. In 2016, the Energy Information Administration (EIA) published that shale production in the country surpassed 15.2 trillion cubic meter (tcm) in 2015 experiencing over 1.7 tcm year on year increase.

Increase in production of unconventional resources coupled with strict government norms toward adoption of low emission fuel will embellish the U.S. gas pipeline infrastructure market. Ongoing expansion of existing pipeline networks favored by increasing demand for exports will further complement the industry outlook. In 2017, the EIA published that natural gas production is expected to hold around 40% of the total energy production by 2020.

Algeria gas pipeline infrastructure market is predicted to grow over 6% by 2024. Substantial administration funding for extension of the national transmission and distribution networks will augment the industry growth. In 2016, the Algerian government owned O&G company, Sonatrach announced to invest USD 3.2 billion over four years to enhance the pipeline capacity.

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Growing number of connected end users coupled with positive outlook toward hydrocarbons trade with nearby nations will propel the onshore gas pipeline infrastructure market. Regional governments have introduced targets and schemes to expand the existing network to reach customer base. In 2015, the Ministry of Energy and Natural Resources (MENR), Turkey underlined a strategic plan with an objective to add at least two more countries to the list of pipeline natural gas importing nations by 2019.

Data Table :

Table 1 Gas pipeline infrastructure industry 360 degree synopsis, 2013 - 2024

Table 2 Global market, 2013 - 2016 (Volume) (Capex)

Table 3 Global market, 2017 - 2024 (Volume) (Capex)

Table 4 Global market by application, 2013 - 2016 (‘000 KM)

Table 5 Global market by application, 2017 - 2024 (‘000 KM)

Table 6 Global market by application, 2013 - 2016 (USD Billion)

Table 7 Global market by application, 2017 - 2024 (USD Billion)

Table 8 Global market by operation, 2013 - 2016 (‘000 KM)

Table 9 Global market by operation, 2017 - 2024 (‘000 KM)

Table 10 Global market by operation, 2013 - 2016 (USD Billion)

Table 11 Global market by operation, 2017 - 2024 (USD Billion)

Table 12 Global market by region, 2013 - 2016 (‘000 KM)

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Related Report:

United States Gas Pipeline Infrastructure Market Report 2017

In this report, the United States Gas Pipeline Infrastructure market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.

https://www.marketstudyreport.com/reports/united-states-gas-pipeline-infrastructure-market-report-2017/?utm_source=RR-PSR

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