Gathering Pipeline Market: Global Industry Analysis and Forecast (2024-2030) Drivers, Dynamics, Segmentation

Gathering Pipeline Market Definition:

The long-distance transfer of a liquid or gas through a network of pipes or pipelines is usually to a market location for consumption. Pipelines transfer liquids and gases, and chemically stable substances can be sent through the pipelines. Pipelines exist to transport crude and refined oils, fuels, and other liquids such as sewage fertilizers, water, beer, etc. Pipelines are used for commercial, home, and industrial purposes. Pipelines are used to transport natural gas to all households. Pipelines are also used for industrial purposes such as refinery crude oil. To meet the rising oil and gas consumption the pipeline capacity will be increased and a new line project will be outsourced.

 

The Gathering Pipeline Market analyses and forecasts the market size, in terms of value. Further, the Gathering Pipeline Market is segmented by Type, Application, Sector, and geography. Based on Type, the Gathering Pipeline Market is segmented under Crude Oil Pipeline and Natural Gas. Based on the Application, the Gathering Pipeline Market is segmented under Onshore and Offshore. Based on the Sector, the Gathering Pipeline Market is segmented into the Upstream, Midstream, and Downstream. By geography, the market covers the following regions: North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The market sizing and forecasts have been done for each segment based on value (in USD Billion).

 

 

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Gathering Pipeline Market Dynamics:

Because of the rising energy consumption and the resulting need for oil and gas collection pipelines, the market is expected to grow at the fastest rate during the forecast period. The significant increase in offshore drilling activities and the rise in per-capita power consumption in developing economies will accelerate industry growth in the future years. Gathering pipelines move crude oil and natural gas from the production plant to a central collection site. These pipelines collect unprocessed gas from production sites and transport it to gas treatment plants and other facilities which normally run at low pressure and flow.

 

With the significant increase in oil and gas drilling activities and the emergence of natural gas as the preferred fuel, the gathering pipeline market is expected to propel during the forecast period. Natural gas feeds 38% of America’s electric power sector, according to information from the US Energy Information Administration, which could lead to more natural gas collection pipelines being upgraded and developed. In the next five years, the Indian Government aims to invest more than $100 billion in oil and gas infrastructure. In April 2021, PipeChina, known as China Oil and Gas Pipeline Network, began building on a $ 1.3 billion natural gas trunk line in North China in April 2021, which is expected to boost regional industry share in the coming years.

 

The availability of raw materials at a lower cost compared to other resources and fossil fuels help increase market value. The availability of electricity in some sectors helps to strengthen market demand. Increased demand for natural gas from Sectors and multiple industries is driving the use of natural gas. Increasing power generation and transportation facilities within the population are expected to significantly improve infrastructure. Rising oil and gas costs are increasing international trade in natural resources, which is also a factor in market growth. The market size is growing because of the increase in investment according to the current market conditions and trends and conventional activities. The increased offshore activities such as deep-sea and ultra-deep-sea production and development are driving the market.

 

The rising demand for oil and gas pipeline capacity results in significant market opportunities. The commissioning of new pipeline projects by the government has contributed to meeting market demand. The chances of growing in size are increased by optimizing the system utilized for production and other environmental utility.

 

The biggest challenge facing the gathering pipeline industry is the market shift to renewable and sustainable power sources, which poses a major threat to the world today. With the supply of hydrogen gas, the small changes required in response to analysis and research can be a challenging factor. Some areas are supported by shallow water development and stable infrastructure is hampering the market growth. When the country’s economic situation is weak and political instability acts as a factor that hinders the growth of the industry. The high cost of building a pipeline is an obstacle to growth. The production of crude oil has lowered which resulted in a high price rise and is expected to hamper the market dynamics during the forecast period.

 

 COVID-19 IMPACT

The coronavirus outbreak had caused a major decline in the world’s oil production and consumption due to economic disruptions and containment measures. According to IEA (International Energy Agency) figures, oil demand fell by 30% in April 2020 compared to the previous year. These reasons may have hurt the adoption of the gathering oil pipeline industry during the forecast period. The increase in natural gas consumption in developing countries is expected to help the industry regain during the forecast period.

 

Gathering Pipeline Market Segment Analysis:

By Type, the onshore segment is expected to be a major application area for the gathering pipeline market during the forecast period. The factors attributed to growing awareness of the benefits of onshore and offshore operations include less exposure to fluctuating weather conditions. By 2025, approximately 28% of oil will be produced offshore, while the remaining 72% will be produced onshore, according to Tuboscope MSI’s Pipe Protection Technologies. These factors may have a beneficial impact on the demand for gathering pipeline networks for the transmission of oil and gas produced by onshore activities.

 

 

Gathering Pipeline Market Regional Insights:

The Asia Pacific has dominated the market and is expected to grow at the highest rate during the forecast period owing to the rising investment interest in oil and gas infrastructure. This region is very famous for the use of pipelines, covering a large area of oil and gas pipeline market share. China and India are considered the major consumers of oil and gas supply through pipelines. India wanted to start a pipeline project in Jammu and Kashmir. India wanted to increase its market share to USD 66 billion. The Middle East and Africa have achieved significant environmental benefits and the struggle for energy security in various regions has brought significant growth to this industry.

 

Gathering Pipeline Market Key Players Insights:

The market is characterized by the existence of several well-known firms. These companies control a large portion of the market, have a wide Type portfolio, and have a global presence. In addition, the market comprises small to mid-sized competitors that sell a limited variety of items, some of which are self-publishing organizations.

 

The market's major companies have a significant impact because most of them have extensive global networks through which they can reach their massive client bases. To drive revenue growth and strengthen their positions in the global market, key players in the market, particularly in North America and Europe, are focusing on strategic initiatives such as acquisitions, new collection launches, and partnerships.

 

The objective of the report is to present a comprehensive analysis of the Global Gathering Pipeline Market to the stakeholders in the industry. The report provides the most dominant trends in the Global Gathering Pipeline Market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Global Gathering Pipeline Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

 

The qualitative and quantitative data provided in the Global Gathering Pipeline Market report is to help understand which market segments, and regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Global Gathering Pipeline Market. The report studies factors such as company size, market share, market growth, revenue, production, volume, and profits of the key players in the Global Gathering Pipeline Market.

 

 

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their Type quality is in the Global Gathering Pipeline Market. The report also analyses whether the Global Gathering Pipeline Market is easy for a new player to gain a foothold in the market, whether they enter or exit the market regularly, and if the market is dominated by a few players, etc.

 

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Global Gathering Pipeline Market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Global Gathering Pipeline Market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Global Gathering Pipeline Market is aided by legal factors.

 

Gathering Pipeline Market Scope:

Gathering Pipeline Market
Market Size in 2023	USD 5.13 Bn.
Market Size in 2030	USD 6.02 Bn.
CAGR (2024-2030)	2.3%
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segment Scope	By Type Crude Oil Pipeline Natural Gas
	By Application Onshore Offshore
Regional Scope	North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America

 

Gathering Pipeline Market Key Players: 

• GAIL (New Delhi, India)
• Engas (Madrid, Spain)
• National Oilwell Varco (Texas, US)
• Welspun (Mumbai, India)
• DCP Midstream (Colorado, US)
• Chelpipe (Moscow, Russia)
• Saipem (San Donato Milanese, Italy)
• MRC Global (Texas, US)
• General Electric (Boston, Massachusetts, US)
• Technip (Paris, France)
• Redexis (Madrid, Spain)
• APA Group (New South Wales, Australia)
• Enbridge (Calgary, Canada)
• Europipe (Mulheim, Germany)