Press release
Pipeline Construction Market on Track for Strong Growth, Estimated to Grow at 6% CAGR Through 2029
Pipeline Construction Market
What Is the Expected CAGR for the Pipeline Construction Market Through 2025?
The market size of pipeline construction has seen a consistent increase over the past few years. It is anticipated to expand from $49.97 billion in 2024 to $52.35 billion in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 4.8%. The ascend during the historic period can be credited to the development and production of oil and gas resources, a surge in the demand for safe, cost-effective, and dependable infrastructure connections for the transportation of oil and gas, along with heightened investments in pipeline projects.
What's the Projected Size of the Global Pipeline Construction Market by 2029?
In the upcoming years, the pipeline construction market is anticipated to witness robust expansion. It is projected to escalate to a value of $66.09 billion by 2029, registering a compound annual growth rate (CAGR) of 6.0%. Several factors contributing to this growth during the forecast period include climate change initiatives, public attitudes and opposition, geopolitical stability, resource exploration, and energy transition policies. Key trends expected during this period are advancements in technology, the expansion of the oil and gas industry, emphasis on research and development, and the implementation of automation and robotics.
View the full report here:
https://www.thebusinessresearchcompany.com/report/pipeline-construction-global-market-report
Top Growth Drivers in the Pipeline Construction Industry: What's Accelerating the Market?
The escalation in energy usage is fuelling the pipeline construction market. The requirement for energy is growing due to increasing prosperity, urban development, and enhanced electricity access. Energy production sectors utilize pipelines for the transit of energy resources like natural gas, propane, and gasoline. For instance, the Energy Institute LLC, a chartered professional membership organization based in the UK, reported in June 2024 that in 2023, energy consumption constituted 56% of the total. This was a double-fold growth at the global average pace of 2%. Consequently, the upsurge in energy consumption is poised to stimulate the pipeline construction market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8894&type=smp
What Trends Will Shape the Pipeline Construction Market Through 2029 and Beyond?
The pipeline construction market has seen a surge in product innovations, making it the prominent trend. To solidify their market position, several key players are concentrating on devising unique solutions. Take for example, the CYENS Centre of Excellence in Cyprus, which unveiled the beta version of its advanced imaging/video pipeline-interface mechanism, DgiStreamer, in November 2022. This inventive GUI (graphical user interface) software serves as a comprehensive standalone pipeline builder, that's user-friendly with GStreamer and Deepstream. With a simplistic drag-and-drop feature for linking assorted pipeline-building components, this tool simplifies the process of pipeline construction. The tool outperforms the existing alternatives in terms of speed and ease of use, and also supports scaling to complex configurations.
What Are the Main Segments in the Pipeline Construction Market?
The pipeline construction market covered in this report is segmented -
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
Subsegments:
1) By Metallic: Steel Pipes, Copper Pipes, Aluminum Pipes, Other Metallic Pipes
2) By Non-Metallic: PVC Pipes, HDPE Pipes, FRP Pipes, Other Non-Metallic Pipes
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=8894&type=smp
Which Top Companies are Driving Growth in the Pipeline Construction Market?
Major companies operating in the pipeline construction market include Energy Transfer LP, Nippon Steel Corporation, Enterprise Products Partners L.P., Enbridge lnc., Larsen & Toubro Ltd., Kinder Morgan Inc., Joint Stock Company Transneft, Tenaris S.A, Pembina Pipeline Corporation, TechnipFMC plc, TMK Group, Primoris Services Corporation, Enka Insaat ve Sanayi A.S., Ledcor Group, Mott Macdonald Group Ltd., McDermott International Inc., Bonatti S.p.A., Spiecapag, CRC-Evans Pipeline International Inc., Prosaic Steel & Alloys, Gateway Pipeline LLC, Pumpco Inc., Cogbill Construction LLC, Sung IL Sim Co Ltd., Cecon Group, Barnard Construction Company Inc., Metal Forge India, CCI Leidingsystemen B.V., Yena Engineering B.V., Seonghwa Industrial Co Ltd., ChelPipe Group, Shengli Oil & Gas Pipe Holdings Limited, Sunland Construction Inc., Bechtel Corporation, Snelson Companies Inc., TC Energy Corporation
Which Regions Will Dominate the Pipeline Construction Market Through 2029?
North America was the largest region in the pipeline construction market share in 2024. The regions covered in the pipeline construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8894
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Pipeline Construction Market on Track for Strong Growth, Estimated to Grow at 6% CAGR Through 2029 here
News-ID: 4185577 • Views: …
More Releases from The Business Research Company
Construction And Heavy Equipment Telematics: Critical Driver Shaping the Driving …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Construction And Heavy Equipment Telematics Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past few years, the market size for construction and heavy equipment telematics has experienced rapid expansion. It is projected to rise from $0.91 billion in 2024 to $1.05 billion in…
2025-2034 Spray Foam Insulation Market Outlook: Key Drivers, Emerging Challenges …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Spray Foam Insulation Industry Market Size Be by 2025?
The market size for spray foam insulation has seen robust expansion in the past few years. This growth is projected to continue from $2.3 billion in 2024 to $2.43 billion in 2025, with a compound annual growth…
Construction And Heavy Equipment Telematics: Critical Driver Shaping the Driving …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Construction And Heavy Equipment Telematics Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past few years, the market size for construction and heavy equipment telematics has experienced rapid expansion. It is projected to rise from $0.91 billion in 2024 to $1.05 billion in…
2025 Ceramic Tile Adhesive Industry Trends Report: Long-Term Outlook Through 203 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Ceramic Tile Adhesive Market Size By 2025?
The market for ceramic tile adhesive has seen a significant expansion in the past few years. Its size is projected to rise from $20.93 billion in 2024 to $22.94 billion in 2025, exhibiting a compound annual growth rate…
More Releases for Pipe
Seamless casing pipe vs ERW casing pipe
Seamless steel casing pipes-casing made of seamless steel pipe as raw material
Seamless pipe refers to a steel pipe manufactured by four methods: hot rolling, cold rolling, hot drawing, and cold drawing. There is no weld seam on the pipe body itself.
ERW casing pipe-casing made of electric welded pipe as raw material
ERW pipe refers to a straight seam welded pipe manufactured through a high-frequency resistance welding process. The raw material steel…
Comparison of ERW Welded Pipe and Seamless Steel Pipe (tested by PetroChina Pipe …
1. Outer diameter tolerance
ERW steel pipe: It is cold-formed and sizing is completed by reducing the diameter by 0.6%. The process temperature is basically constant at room temperature. Therefore, the outer diameter is controlled accurately and the fluctuation range is small, which is helpful to eliminate black leather buckles.
Seamless steel tube: The hot-rolling forming process is used, and its sizing is completed at about 8000C. The raw material composition, cooling…
Conduit Pipe Market Bolstered by Emerging New Advancements, Says QYR | ABB, Nati …
LOS ANGELES, United States: The report is an all-inclusive research study of the global Conduit Pipe market taking into account the growth factors, recent trends, developments, opportunities, and competitive landscape. The market analysts and researchers have done extensive analysis of the global Conduit Pipe market with the help of research methodologies such as PESTLE and Porter’s Five Forces analysis. They have provided accurate and reliable market data and useful recommendations…
HDPE Pipes Market Current Trends and Detailed Study with Forecast to 2028 | Oil …
Global HDPE Pipes Market: Overview
The application of high density polyethylene (HDPE) pipes has increased in industry like chemical, electronics, and gas distribution. As a result of this extensive application, the global HDPE pipes market is witnessing a substantial growth in the forecast period of 2018 to 2028. Moreover, the growing demand for HDPE pipes in drainage and sewerage industry is another factor that is responsible for the growth of…
Global HDPE 100 Pipe Market 2017 LESSO, Cangzhou Mingzhu, Junxing Pipe, Ginde Pi …
In this report, the global HDPE 100 Pipe market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Global Market Report HDPE 100 Pipe Market Size, Status and Forecast 2022 provides Market information about Manufacturers, Countries, Type and Application.This HDPE 100 Pipe Industry report also states Company Profile, sales,…
Anti-corrosion Steel Pipe and Coating Steel Pipe
Anti-corrosion steel pipe refers to do anti-corruption treatment for the ordinary steel pipe with special technology, making the steel pipe equipped certain corrosion resistance.Generally used in waterproof, anti-rust, acid and alkali proof, anti-oxidation and so on.Different needs, different inside and outside wall corresponding anti-corrosion measures.Common are: epoxy coal tar anti-corrosion, anti-corrosion epoxy coatings, urethane paint anti-corrosion, IPN8710 water pipeline corrosion protection, non-toxic paint anti corrosion,anti-corrosion polymer coating, steel pipe lining…
