Press release
Pipeline and Process Services Global Market Expands to $4.17 Billion in 2025: Infrastructure Expansion, Energy Transition, and Automation are Key Trends
Pipeline And Process Services Market Size
What Is The Projected Market Size Of The Global Pipeline And Process Services Global Market And Its Growth Rate?
• Market size grew strongly from $3.95 billion in 2024 to $4.17 billion in 2025 with a CAGR of 5.8%.
• Contributing factors include infrastructure rehabilitation, globalization of energy trade, shifts in energy sources and economic factors.
• Future projections see it growing to $5.58 billion in 2029 at a CAGR of 7.5% owing to factors such as efficiency and cost reduction, water infrastructure services, geopolitical factors, increase in global energy demand, and smart infrastructure development.
What Is Driving The Growth In The Pipeline And Process Services Global Market?
The increasing worldwide demand for oil and natural gas is a major driver for the pipeline and process services market. As these essential fuels formed from fossil fuels need continuous and efficient transportation, the role of pipeline and process services becomes critical. The rising demand is evidenced by the expected doubling of oil demand in India to reach 11 million barrels per day by 2045, as per the India Brand Equity Foundation.
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Who Are the Key Players Driving Pipeline And Process Services Global Market Growth?
• Halliburton Company
• Baker Hughes Company
• EnerMech Ltd.
• IKM Gruppen AS
• Altus Intervention
• Ideh Pouyan Energy Co
• Trans Asia Pipeline Services
• Techfem Spa
• Enerpac Tool Group
• STEP Energy Services
What Are The Key Trends In The Pipeline And Process Services Global Market?
• Energy transition
• Maintenance and integrity
• Automation and digitalization
• Pipeline expansion projects
• Environmental regulations
What Are The Segments Of The Global Pipeline And Process Services Global Market?
• By Operation: Pre-Commissioning And Commissioning, Maintenance, Decommissioning
• By Asset Type: Pipeline, Process
• By Raw Material: Plastic, Carbon Steel, Steel
• By End-Users: Oil And Gas Industry, Chemical Industry, Water Treatment Industry, Construction And Manufacturing Industry, Other
Which Region Leads The Pipeline And Process Services Global Market?
North America held the largest share of the pipeline and process services market in 2024. The report covers other significant regions including Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Pipeline And Process Services Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Pipeline And Process Services Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Pipeline And Process Services Global Market Report 2025 for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Pipeline And Process Services Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Pipeline And Process Services Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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