Press release
Projected Growth and Key Trends in the Global Oil and Gas Pipeline and Related Structures Construction Market
Oil And Gas Pipeline And Related Structures Construction Market Size
Tailored outlook on the oil and gas pipeline and related structures construction market, detailing growth factors, key players, and future trends._x000D_
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What Is The Projected Market Size Of The Global Oil And Gas Pipeline And Related Structures Construction Market And Its Growth Rate?_x000D_
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Key statistics reveal steady growth in the oil and gas pipeline and related structures construction market:_x000D_
• The market size is projected to grow from $261.66 billion in 2024 to $270.43 billion in 2025, marking a CAGR of 3.4%._x000D_
• This growth can be attributed to the increasing energy demand, infrastructure development, expansion of oil and gas exploration, and various governmental initiatives._x000D_
• Further projections estimate the market size to reach $313.75 billion in 2029, with a CAGR of 3.8%._x000D_
• This anticipated growth will likely be driven by continuous energy demand growth, renewable energy integration, modernization and replacement projects, geopolitical factors, and diversification of energy sources._x000D_
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What Is Driving The Growth In The Oil And Gas Pipeline And Related Structures Construction Market?_x000D_
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The increasing demand for natural gas is expected to drive the growth of the oil and gas pipeline and related structures construction market. Natural gas is predominantly composed of methane and is increasingly in demand for gas transmission pipelines to ensure safe and efficient transportation. According to the U.S. Energy Information Administration, U.S. natural gas consumption reached 88.5 Bcf/d in 2022, a jump from 84.0 Bcf/d in 2021. Consequently, the rising demand for natural gas is fueling the growth of the oil and gas pipeline and related structures construction market._x000D_
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Request A Free Sample Copy: https://www.thebusinessresearchcompany.com/sample.aspx?id=9736&type=smp_x000D_
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Who Are the Key Players Driving Oil And Gas Pipeline And Related Structures Construction Market Growth?_x000D_
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• Larsen & Toubro Limited_x000D_
• Sunland Construction Inc._x000D_
• Barnard Construction Inc._x000D_
• Bechtel Corporation_x000D_
• Ledcor Group_x000D_
• Pumpco Inc._x000D_
• Shengli Oil & Gas Pipe Holdings Limited_x000D_
• Snelson Companies Inc._x000D_
• Tenaris S.A._x000D_
• Bonatti S.p.A._x000D_
• MasTec Canada Inc._x000D_
• Fluor Corporation_x000D_
• McDermott International Ltd._x000D_
• Kinder Morgan Inc._x000D_
• Pembina Pipeline Corporation_x000D_
• Joint Stock Company Transneft_x000D_
• Primoris Services Corporation_x000D_
• Spiecapag UK Ltd._x000D_
• TC Energy Corporation_x000D_
• TechnipFMC plc_x000D_
• Ray McDermott Engineering Pvt. Ltd._x000D_
• Saipem S.p.A._x000D_
• Michels Corporation_x000D_
• Quanta Services Inc._x000D_
• Strike LLC_x000D_
• Welded Construction L.P._x000D_
• Henkels & McCoy Inc._x000D_
• Mears Group Inc._x000D_
• Precision Pipeline LLC_x000D_
• Price Gregory International Inc._x000D_
• U.S. Pipeline Inc._x000D_
• Arnett & Burgess Pipeliners Ltd._x000D_
• Blackeagle Energy Services_x000D_
• Cenergy LLC_x000D_
• Cross Country Pipeline Supply Co. Inc._x000D_
• Global Pipeline Construction Ltd._x000D_
• Miller Pipeline LLC_x000D_
• NPL Construction Co._x000D_
• PCL Construction Enterprises Inc._x000D_
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What Are The Key Trends In The Oil And Gas Pipeline And Related Structures Construction Market?_x000D_
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Emerging trends in the oil and gas pipeline and related structures construction market include:_x000D_
• Geopolitical stability and risks_x000D_
• Resilient supply chain management_x000D_
• Emphasis on safety in construction practices_x000D_
• Investment in LNG infrastructure_x000D_
• Digital transformation in project management and execution_x000D_
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What Are The Segments Of The Global Oil And Gas Pipeline And Related Structures Construction Market?_x000D_
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• By Type: Crude Oil Pipeline, Natural Gas Pipeline_x000D_
• By Sector: Upstream, Midstream, Downstream_x000D_
• By Application: Onshore, Offshore_x000D_
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Which Region Leads The Oil And Gas Pipeline And Related Structures Construction Market?_x000D_
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In 2024, North America held the largest share of the oil and gas pipeline and related structures construction market. Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa are other regions covered in the report._x000D_
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What Is Covered In The Oil And Gas Pipeline And Related Structures Construction Market Global Market Report?_x000D_
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• Market Size Analysis: Analyze the Oil And Gas Pipeline And Related Structures Construction Market size by key regions, countries, product types, and applications._x000D_
• Market Segmentation Analysis: Identify various subsegments within the Oil And Gas Pipeline And Related Structures Construction Market for effective categorization._x000D_
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape._x000D_
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market._x000D_
• Market Contribution: Evaluate contributions of different segments to the overall Oil And Gas Pipeline And Related Structures Construction Market growth._x000D_
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers._x000D_
• Industry Challenges: Analyze challenges and risks affecting the Oil And Gas Pipeline And Related Structures Construction Market._x000D_
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market._x000D_
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