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Market Research Reports
|Q4 2024
|Report ID: BR05307
|No. of Pages: 242
About this Report
The increasing demand for energy, rising production of natural gas coupled with increasing demand for oil and gas in chemical sector, industrial sector, and transportation sector, IMO regulations, favorable government regulations, and technological advancements are some of the significant factors driving the growth for onshore oil and gas pipeline market.
The outbreak of geopolitics has affected the global market by affecting production and demand, by creating supply chain and market disruptions.
The oil & gas pipelines are an essential part of hydrocarbon transportation and distribution and required to ensure the smooth operation of the energy industry. The onshore pipelines are constructed over land and across different countries. Pipelines most effective and economical means of transporting hydrocarbons.
In short term, it is projected that pipeline installations to fall in 2020, and contraction in pipeline installations and capital expenditure in 2020 and into 2021.
The capital expenditure is expected to fall by a greater amount in 2020 compared to 2019, due to halt non-essential operations to both comply with local restrictions related to the geopolitics panic as well as tighten budgets in the lower price environment.
In Asia Pacific region, it is projected demand will expand during the forecast period, owing to increase in the demand for energy, rise in investments in exploration and production activities, and upcoming pipeline projects in the region, especially in developing countries such as China and India.
Blackridge's Report provides insights into the current global and regional market demand scenario and its outlook. The study offers a detailed analysis of various factors instrumental in affecting the global onshore oil and gas pipeline market growth.
The Report will also provide a perspective on various market opportunities and threats and a detailed analysis of the global onshore oil and gas pipeline market's competitive landscape.
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