Gas Pipeline Infrastructure Market to Surpass $3336.1 Billion by 2029 | Key Trends & Insights

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How Will the Gas Pipeline Infrastructure Market Grow by 2025 in Terms of Size and Growth?
Over the past few years, the gas pipeline infrastructure market has seen consistent expansion. The market is projected to increase from $2756.98 billion in 2024 to $2839.09 billion in 2025, with a compound annual growth rate (CAGR) of 3.0%. Factors such as the industrial revolution and urbanization, increased demand for energy, discovery and extraction of resources, governmental policies and investments, infrastructure upgrades, and environmental considerations and regulations have contributed to the growth experienced during the historic period.

What Are the Estimated Growth Rates for the Gas Pipeline Infrastructure Industry Through 2029?
The size of the gas pipeline infrastructure market is anticipated to experience consistent growth in the upcoming years. It is projected to reach $3336.1 billion in 2029, expanding at a compound annual growth rate (CAGR) of 4.1%. Factors contributing to this growth during the forecast period include the integration of renewable energy, the shift in preference towards natural gas, infrastructure modernization efforts, global increase in energy demand, and international pipeline projects. Major predicted trends during this period encompass the move towards renewable energy, advancements in smart pipeline technologies, the growth of LNG trade, emphasis on pipeline safety, and changing geopolitical dynamics.

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What Are the Strategic Drivers Boosting Gas Pipeline Infrastructure Market Performance?
The projected rise in oil and gas usage is anticipated to stimulate expansion in the gas pipeline infrastructure market. The term 'oil and gas' encompasses all the drilling, production, collection, processing, distributing, and transportation mechanisms of these resources. Generally, an upturn in oil and gas usage intensifies the demand for pipeline transportation of this energy. This underlies the broadening and advancement of gas pipeline infrastructure to cater to the rising requirement of transporting these resources from the location of production to areas of use. For example, the Energy Information Administration, a statistical system based in the US, reported in April 2023 that oil consumption experienced a hike by 5.3 million barrels per day (b/d) in 2021. The global liquid fuel consumption is projected to escalate by 1.4 million b/d in 2023 and by 1.8 million b/d in 2024. Hence, the surge in oil and gas consumption is fuelling the development of the gas pipeline infrastructure market.

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What Are the 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

What Are the Key Adoption Trends in the Gas Pipeline Infrastructure Market?
Key players within the gas pipeline infrastructure market are building strategic alliances, pooling their resources and skills to enhance cost effectiveness and optimize economies of scale, essentials for expansive pipeline ventures. This collaborative approach allows companies to distribute the risks of pipeline projects, easing the financial impact on single entities and facilitating the process of securing funds for the infrastructure. As an illustration, in July 2022, DNV, a Norway-based corporation offering technical advisory and assistance, formed a partnership with Pipeline Infrastructure Limited (PIL), an Indian pipeline infrastructure firm, to incorporate hydrogen into PIL's gas network structures in India. DNV is rendering technical advice and aid to PIL on the fusion of hydrogen blend into its gas network properties. This joint effort aligns with DNV's commitment towards achieving the objectives outlined in the Paris Agreement and aiding clients in speeding up their transition to a thoroughly decarbonized energy system.

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Which Companies Lead the Competitive Landscape of the Gas Pipeline Infrastructure Industry?
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

Where Are the Key Gas Pipeline Infrastructure Market Opportunities by Region?
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

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