“$1,291.3bn in CapEx anticipated on new oil and gas pipelines worldwide in 2019,” says Visiongain Report

Visiongain’s analysis indicates that capital expenditure on new land-based oil and gas transmission pipelines will be $1,291.3bn in 2019.

The prospects for the industry are revealed in Visiongain’s extensive 427-page report the Onshore Oil & Gas Pipelines Market Report 2019-2029: CAPEX ($bn) and Added and Existing Pipeline Length (km) Forecasts for Cross Border & Interstate Trunk and Transmission Pipelines Transporting Heavy, Ultra Heavy and Light Crude Oil and Dilbit, Refined Petroleum Products, NGLs (e.g. Condensate, LPG) and Processed and Unprocessed Natural Gas Plus Analysis on Leading Companies and Regional and Leading National Market Analysis and Forecasts.

The world’s population is expected to increase to around 9 billion people by 2040. Africa will account for half the increase which will lead to an increase in energy demand and consumption. Most of the demand growth comes from emerging economies which strongly influence energy consumption. As developing countries across the globe advance, living standards improve and the demand for energy grows rapidly, creating the conditions for strong CAPEX growth. The construction of pipelines can be viewed as a facilitator in the growth of emerging markets. With widespread anti-climate change initiatives pioneered and taking place across the globe, the role of oil as a primary resource will decline to make way for natural gas and renewable energy.

The report also contains 215 tables, charts and graphs studying two submarkets, five regions, and analysing ten leading countries. The 2019 report accounts for fundamental market and political changes that have occurred globally and in key regions, including the oil price collapse, the expansion of the Islamic State in the Middle East, and revisions to growth and fuel consumption in Asia. The research indicates that globally more spending will be dedicated toward gas pipelines during 2019 and 2029 and that the market will be driven by the Asia-Pacific, North American and European regions. Additionally, Visiongain has calculated baseline lengths of the existing oil and gas trunk/transmission pipelines network, in each region and leading country, as well as forecast anticipated length increases (and total network lengths) in the coming decade.

Download free sample pages: https://www.visiongain.com/report/onshore-oil-gas-pipelines-market-report-2019-2029/

There are a multitude of factors affecting the security of the environment in which oil and gas assets are developed and transited. Current oil and gas infrastructure, future expansion plans, threats to physical infrastructure, regional development drives, safety, risk perception, environmental concerns, and the application of new technology are all amongst the factors that affect the global pipelines market.

The lead analyst for the report commented that: “The global onshore oil and gas pipeline market is currently experiencing some significant changes on account of relatively stable crude oil prices. Additionally, as the world is shifting towards sustainable sources, natural gas demand is set to increase resulting in the construction of pipeline infrastructure.”

The leading company’s chapter profiles the main providers of pipeline development and services worldwide. Visiongain’s forecasting and analysis is grounded in primary and secondary research that incorporates internal databases, private networks, and public financial and economic information.

The Onshore Oil & Gas Pipelines Market Report 2019-2029: CAPEX ($bn) and Added and Existing Pipeline Length (km) Forecasts for Cross Border & Interstate Trunk and Transmission Pipelines Transporting Heavy, Ultra Heavy and Light Crude Oil and Dilbit, Refined Petroleum Products, NGLs (e.g. Condensate, LPG) and Processed and Unprocessed Natural Gas Plus Analysis on Leading Companies and Regional and Leading National Market Analysis and Forecasts.

This report will be of value to current and potential future stakeholders and/or investors in the oil and gas industry, as well as any entity seeking to supply pipeline services or equipment in the future. It will also benefit companies, governments, and research centres that wish to broaden their knowledge and understand the variables that are driving the pipelines industry.

Related reports:
Combined Heat & Power (CHP) Installation Market Forecast 2019-2029:
https://www.visiongain.com/report/combined-heat-power-chp-installation-market-forecast-2019-2029/

Top 20 Distributed Fibre Optic Sensing (DFOS) Companies 2019: https://www.visiongain.com/report/top-20-distributed-fibre-optic-sensing-dfos-companies-2019/

The Airborne Geophysical Services Market Forecast 2019-2029: https://www.visiongain.com/report/the-airborne-geophysical-services-market-forecast-2019-2029/

For more energy reports, visit our website: https://www.visiongain.com/industries/energy/

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on 020 7549 9987

Visiongain Limited
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About Visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

This release was published on openPR.