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Pipeline Construction Market Analysis, Applications, Sale, Growth, Trends By 2032
Pipeline Construction Market
Pipeline Construction Market Size, Growth Rate, And Forecast
The global pipeline construction market is expected to grow from $44.68 billion in 2022 to $47.07 billion in 2023 at a compound annual growth rate (CAGR) of 5.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The pipeline construction market is expected to grow to $56.90 billion in 2027 at a CAGR of 4.9%.
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Pipeline Construction Market Drivers
The surge in energy consumption is driving the pipeline construction market. Energy demand is rising due to rising affluence, urbanization, and improved access to electricity. The energy-producing industries use pipelines to transport energy supplies like natural gas, propane and gasoline.
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Pipeline Construction Market Segments
1) By Pipe Type: Metallic, Non-Metallic
2) By Equipment: Valves, Pipeline, Metering Skids, Compressor stations
3) By Operation: Transmission, Distribution
4) By Application: Liquid Pipeline, Gas Pipeline
5) By End User: Oil and Gas, Chemical, Water and Wastewater, Energy, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Pipeline Construction Market.
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Pipeline Construction Market Key Players
Major competitors in the Pipeline Construction Market include Metal Forge India, Prosaic Steel & Alloys, Forterra Inc., Cogbill Construction LLC, CCI Leidingsystemen B.V., Yena Engineering B.V., ENKA Insaat Ve Sanayi, Larsen & Toubro Ltd., Seonghwa Industrial Co Ltd., Sung IL Sim Co Ltd., Tenaris S.A, TMK Group, Mott Macdonald Group Ltd., Nippon Steel Corporation, and ChelPipe Group
The Business Research Company's "Global Pipeline Construction Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Pipeline Construction Market Include:
1. Executive Summary
2. Pipeline Construction Market Characteristics
3. Pipeline Construction Market Trends And Strategies
4. Pipeline Construction Market - Macro Economic Scenario
5. Pipeline Construction Market Size And Growth
......
26. Africa Pipeline Construction Market
27. Pipeline Construction Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Pipeline Construction Market
29. Pipeline Construction Market Future Outlook and Potential Analysis
30. Appendix
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