Mar 9, 2020   SOURCE: PR NewsWire

Onshore Oil & Gas Pipeline Industry Report 2020-2025 - Tenaris, Essar Group, Jindal SAW, Europipe, and TMK Group are the Key Players

DUBLIN, March 9, 2020 /PRNewswire/ -- The "Onshore Oil & Gas Pipeline Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

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The global onshore oil and gas pipeline market is expected to register a CAGR of more than 5.7% during the forecast period of 2020-2025.

According to International Energy Agency (IEA), demand for oil is expected to rise by around 1 million barrels per day (bpd) on average every year till 2025, from 97 million bpd in 2018.

In a bid to meet the rising consumption of oil and gas, the pipeline capacities are being expanded and new pipeline projects are being commissioned. However, the global shift towards renewable sources for electricity generation poses as a huge threat for the oil and gas demand, which is likely to be a major challenge for the growth of onshore oil & gas pipelines installation in the coming years.

The onshore oil and gas pipeline market is fragmented. Some of the key players in this market include Tenaris, Essar Group, Jindal SAW, Europipe, and TMK Group.

Key Highlights

    --  The availability of abundant natural gas reserves, the lower cost in
        comparison to other fossil fuel types, among others, is expected to
        supplement the demand for natural gas from multiple end-use sectors,
        including power generation, during the forecast period. This, in turn,
        is expected to boost the onshore gas pipeline market in the coming
        years.
    --  Russia and Pakistan have agreed to build a new gas carrying pipeline
        worth USD 2 billion. Further, India and Russia have also signed a deal
        worth USD 40 billion on natural gas exports to India. Russia being a
        significant exporter is paving the way for pipeline industry to grow
        more and also presents an opportunity for the market players during the
        forecast period.
    --  Growing oil & gas demand in Asia-Pacific holds immense potential for the
        onshore oil & gas pipeline market and is the fastest growing market.
        China and India have been largest consumers of oil & gas in the
        Asia-Pacific region, and pipeline network is growing at a significant
        pace in both of these countries.

Major Market Trends

Natural Gas Pipeline to Dominate the Market

    --  The global demand for natural gas is expected to increase by 1.6%,
        y-o-y, for the next five years, with consumption reaching almost 4,250
        billion cubic meter (bcm) by 2025, up from 3,850 bcm in 2018. Therefore,
        the natural gas pipeline network is expected to grow in parallel to the
        increase in natural gas demand.
    --  By 2030, owing to factors, such as environmental benefits and quest for
        energy security in regions, such as Asia-Pacific, the consumption of
        natural gas is expected to witness the fastest growth among all fuel
        types, which, in turn, is expected to drive the onshore pipeline market.
    --  With exports of 104.8 billion cubic meters in 2018, Qatar continued to
        be the largest LNG exporter, a position it has now held for over a
        decade. The LNG trade is expected to witness a significant increase
        across the globe, resulting in increased demand for natural gas onshore
        pipeline network as well.
    --  Therefore, focus on cleaner fuel, technology developments making it
        possible for coal-bed methane cost-efficient farming has been among the
        driving factor in demand for the onshore pipeline infrastructure.

Asia-Pacific to Expect a Significant Growth in the Forecast Period

    --  The energy consumption in Asia-Pacific is expected to grow by 48% over
        the next three decades. This has led the onshore oil & gas pipeline
        market to be the fastest growing amongst other regions.
    --  With China's five-year plans for the period of 2016 - 2020, the
        government's plans to increase the proportion of natural gas in the
        energy consumption mix to about 10% by 2020, from about 5.9% as
        estimated in the year 2015, through enhanced domestic exploration and
        production activities.
    --  China is expected to strengthen its gas pipeline network, to boost the
        clean fuel's share in the country's energy mix, during the forecast
        period. As per the National Development and Reform Commission of China,
        the country's oil & gas pipeline network is expected to reach 240,000 km
        by 2025, with natural gas pipelines reaching 123,000 kilometers.
    --  India is also modifying its gas pipeline infrastructure to meet the
        growing demand. According to Petroleum and Gas Regulatory Board (PNGRB),
        the natural gas pipeline infrastructure is expected to grow to about
        28000 kms, in length during the forecast years.
    --  Therefore, the increasing demand and new pipeline infrastructure in
        Asia-Pacific are some of the major factors that are driving the onshore
        oil and gas pipeline market growth.

Key Topics Covered

1 INTRODUCTION
1.1 Scope of the Study
1.2 Market Definition
1.3 Study Assumptions

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET OVERVIEW
4.1 Introduction
4.2 Market Size and Demand Forecast, in USD billion, till 2025
4.3 Installed Pipeline Historic Capacity and Forecast in Kilometers, till 2025
4.4 Inter-Regional Pipeline Import Capacity in BSCM, till 2025
4.5 Inter-Regional Pipeline Export Capacity in BSCM, till 2025
4.6 Investment in Pipelines, LNG Liquefaction, and LNG Receiving Terminals in USD billion, 2016-2027
4.7 Brent Crude Oil and Henry Hub Spot Prices Forecast, till 2025
4.8 Recent Trends and Developments
4.9 Government Policies and Regulations
4.10 Onshore CAPEX Forecast in USD billion, till 2025
4.11 Market Dynamics
4.11.1 Drivers
4.11.2 Restraints
4.12 Investment Analysis
4.13 Supply Chain Analysis
4.14 Industry Attractiveness - Porter's Five Force Analysis
4.14.1 Threat of New Entrants
4.14.2 Bargaining Power of Buyers/Consumers
4.14.3 Bargaining Power of Suppliers
4.14.4 Threat of Substitute Products
4.14.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 Type
5.1.1 Oil Pipeline
5.1.2 Gas Pipeline
5.2 Geography
5.2.1 North America
5.2.2 Europe
5.2.3 Asia-Pacific
5.2.4 South America
5.2.5 Middle-East and Africa

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Essar Group
6.1.2 Jindal SAW Ltd.
6.1.3 Tenaris S.A.
6.1.4 Europipe GmbH
6.1.5 CPW America Co.
6.1.6 TMK Group
6.1.7 Baosteel Co. Ltd.
6.1.8 TransCanada Corporation
6.1.9 WorleyParsons Limited
6.1.10 Mastec Inc.

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/dzorar

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