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The Impact Of Rising Oil And Gas Consumption On The Gas Pipeline Infrastructure Market: A Significant Driver Propelling The Gas Pipeline Infrastructure Market In 2025
The Gas Pipeline Infrastructure Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Gas Pipeline Infrastructure Market Size During the Forecast Period?
The infrastructure of the gas pipeline industry has been experiencing consistent growth in recent years. It is projected to expand from $2756.98 billion in 2024 to $2863.22 billion in 2025, representing a compound annual growth rate (CAGR) of 3.9%. This growth during the historic phase is a result of factors such as industrial revolution and urbanization, increased energy demand, progress in resource discovery and extraction, government policies and investment, upgrading of infrastructure, environmental considerations and legislation.
The market size of the gas pipeline infrastructure is anticipated to experience consistent expansion in the coming years, reaching $3367.13 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 4.1%. This growth during the projected period can be credited to factors like integration of renewable energy, transitioning to natural gas usage, programs for modernization of infrastructure, global energy demand augmentation, and international pipeline ventures. The upcoming trends during this forecasted period encompasses transition towards renewable energy, development of smart pipeline technologies, enlargement of LNG trade, emphasis on pipeline safety measures, and changing geopolitical dynamics.
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What Are the Major Segments in the Gas Pipeline Infrastructure Market?
The gas pipeline infrastructure market covered in this report is segmented -
1) By Equipment: Pipeline, Valves, Compressor Station, Metering Skids
2) By Operation: Transmission, Distribution
3) By Application: On-Shore, Off-Shore
4) By End User: Commercial, Residential
Subsegments:
1) By Pipeline: Steel Pipelines, Polyethylene Pipelines, Coated Pipelines
2) By Valves: Ball Valves, Gate Valves, Check Valves
3) By Compressor Station: Reciprocating Compressors, Centrifugal Compressors, Screw Compressors
4) By Metering Skids: Gas Flow Metering Skids, Pressure Regulating Metering Skids
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What Are The Driving Gas Pipeline Infrastructure Market Evolution?
The escalation in oil and gas usage is projected to spur the expansion of the gas pipeline infrastructure market in the future. The term "oil and gas" pertains to the external drilling, production, gathering, refining, distribution, and transportation of these commodities. A rise in oil and gas usage typically results in a higher requirement for energy transmission through pipelines. This necessitates the growth and development of gas pipeline infrastructure to accommodate the escalating demand for conveying these resources from production locations to consumption regions. For example, the Energy Information Administration, a US-based federal statistical system, reported in April 2023 that oil consumption surged by 5.3 million barrels per day (b/d) in 2021. Additionally, a hike in global liquid fuel consumption by 1.4 million b/d in 2023 and 1.8 million b/d in 2024 is anticipated. Hence, the escalating consumption of oil and gas is stimulating the expansion of the gas pipeline infrastructure market.
Which Firms Dominate The Gas Pipeline Infrastructure Market Segments?
Major companies operating in the gas pipeline infrastructure market include Gazprom Neft PJSC, Snam SpA, MRC Global Corporation, National Oilwell Varco Inc., PT Pertamina Gas Negara Tbk, TechnipFMC plc, Kinder Morgan Inc., Saipem SpA, Enbridge Inc., Europipe GmbH, Australian Pipeline Limited, Alliance Pipeline Ltd., DCP Midstream Partners LP, Redexis Gas SA, ChelPipe Group, TC Energy Corporation, Tenaris Inc., Trubnaya Metallurgicheskaya Kompaniya Group, Mott Macdonald Group Ltd., Nippon Steel Corporation, TotalEnergies SE, Chevron Corporation, British Petroleum plc, Bharat Petroleum Corp. Ltd., McDermott International Inc., Pembina Pipeline Corporation
What Trends Are Expected to Dominate the Gas Pipeline Infrastructure Market in the Next 5 Years?
Leading firms in the gas pipeline infrastructure market are forming strategic alliances to amalgamate their assets and proficiency, accomplishing cost-savings and enhancing the scale of economy, which are pivotal elements for large-scale pipeline projects. Such collaborations enable these firms to divide the risks accompanying pipeline ventures, mitigating individual partners' fiscal strain and simplifying the process of garnering finances for the infrastructure. As an illustration, in July 2022, Norway-based technical consultancy firm DNV entered into a strategic agreement with Pipeline Infrastructure Limited (PIL), a pipeline infrastructure firm headquartered in India, to incorporate hydrogen into PIL's gas network resources in India. DNV is providing PIL with proficient advice and assistance on integrating blended hydrogen into their gas network resources. This strategic alliance is a testament to DNV's pledge to realize the objectives of the Paris Agreement by aiding its clients transition speedily towards a deeply decarbonized energy system.
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Which Is The Largest Region In The Gas Pipeline Infrastructure Market?
North America was the largest region in the gas pipeline infrastructure market in 2024. Asia-Pacific is expected to be the fastest-growing region in the gas pipeline infrastructure market report during the forecast period. The regions covered in the gas pipeline infrastructure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Gas Pipeline Infrastructure Market?
2. What is the CAGR expected in the Gas Pipeline Infrastructure Market?
3. What Are the Key Innovations Transforming the Gas Pipeline Infrastructure Industry?
4. Which Region Is Leading the Gas Pipeline Infrastructure Market?
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