Middle East and Africa Gathering Pipeline Market: Industry Analysis and Forecast (2024-2030)
The Middle East and Africa Gathering Pipeline Market has valued at USD 976.38 Million in 2023. The Middle East and Africa Gathering Pipeline Market size is estimated to grow at a CAGR of 2.3% over the forecast period.
Format : PDF | Report ID : SMR_1352
The Middle East and Africa Gathering Pipeline Market Definition:
The long-distance transfer of a liquid or gas through a network of pipes-a pipelines- 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 increase will be outsourced.
The Middle East and Africa Gathering Pipeline Market analyses and forecasts the market size, in terms of value. Further, the Middle East and Africa Gathering Pipeline Market are segmented by Type, Application, Sector, and geography. Based on Type, the Middle East and Africa Gathering Pipeline Market are segmented under Crude Oil Pipeline and Natural Gas. Based on the Application, The Gathering Pipeline Market are segmented under Onshore and Offshore. Based on the Sector, The Middle East and Africa Gathering Pipeline Market are segmented into the Upstream, Midstream, and Downstream. By geography, the market covers the following regions in The Middle East and Africa: i.e. South Africa, Nigeria, Saudi Arabia, UAE, Kuwait, Egypt, and the Rest of the Middle East and Africa. The market sizing and forecasts have been done for each segment based on value (in USD Million).
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The Middle East and Africa Gathering Pipeline Market Dynamics:
Today, the majority of countries face increasing problems with meeting the very rapidly increasing demand for gas, not only for power generation but also for new petrochemical projects. Even with the huge reserves, countries are struggling to keep up with demand growth of 6-7% per year. This is the price of gas that is traded internationally, with new, with very low domestic prices, one-third to one-sixth the cost of new domestic production. Due to this situation, countries including traditional exports, are importing pipeline gas and LNG. Countries in the Middle East and Africa need to urgently raise domestic gas prices to levels that are least cost-based and ultimately internationally traded. If prices are not raised, subsidies are not raised, subsidies and the associated budget deficits will rise to unmanageable levels or become the future of increasingly serious power shortages.
The only exception to these general trends in Qatar, already the world’s largest LNG exporter, with uncertain growth potential beyond current projects. Saudi Arabia can continue its current import/export ban policy, but only at the expense of increasing the use of oil for power generation. Algeria’s exports will continue to grow slowly but will reach a peak by the end of the decade. Iraq and Israel may become modest gas exporters, but the future for gas exports is miserable.
For decades, Middle Eastern and North African oil and gas producers have been a vital part of the energy system, accounting for around half of all oil exports and 15% of all-natural gas exports. As the market tightens, as a result of Russia’s invasion of Ukraine, Middle Eastern and African producers with a long history of supplying dependable energy supplies could play a key in avoiding shortages. As energy systems shift to a cleaner energy source, this near-term growth in demand for oil and gas from Russian suppliers conflicts with the requirement for the longer-term structural decline in fossil fuel use. The immediate incentive that producers are facing as a result of the current crisis could lead to longer-term investments that are incompatible with long-term energy solutions. Oil and gas export can be increased in a variety of ways in the Middle East and Africa’s producer economies. They can put more money on upstream capacity and output, which may start producing in a few years. They can focus their efforts on reducing gas flaring and methane leakage, which could boost gas supplies by over 20 billion cubic meters faster. They can also free up supplies by reducing their consumption, beginning with electricity.
A collecting pipeline transports oil and gas products from processing facilities to storage tanks. Crude oil, natural gas, and natural gas liquids are common items transported by these pipelines. These pipes are often shorter than other pipelines and have a diameter of fewer than 18 inches. For crude oil transmission, however, the diameter of these pipes is commonly 2 to 8 inches. Gathering lines as big as 20 inches in diameter have recently been employed in shale extraction. The term "distribution pipelines" refers to a system that combines main and service pipes. The main pipes have a diameter of 2 to 24 inches, while service pipelines have a diameter of fewer than 2 inches. Flow lines are used to transport raw materials from the wellhead to the collecting lines. Feeder pipelines, on the other hand, transport natural gas, crude oil, or natural gas liquids to storage tanks. Feeder pipes are typically 6 to 12 inches in diameter. Various benefits of less than 24 inches pipeline, including long-distance transmission, cost-effectiveness, and efficiency for crude oil transfer, are increased to boost demand in the approaching years, boosting the Middle East and African offshore pipeline market throughout the forecast period.
The Middle East and Africa Gathering Pipeline Market Segment Analysis:
By Sector, the growing need for secure, cost-effective, and efficient pipeline connections across The Middle East and Africa is propelling the Middle East and African offshore pipeline market. Several technological advances are underway to improve the efficiency, safety, and dependability of offshore pipelines. The development of hydrate-phobic coatings for the deep-sea building of methane hydrates. Some businesses in The Middle East and Africa are working on novel coating techniques to prevent pipe corrosion. Material scientists in The Middle East and Africa, for example, created an extremely hydrophobic coating for offshore drilling pipes in April 2021.
The Middle East and Africa 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 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 networks through which they can reach their massive client bases. To drive revenue growth and strengthen their positions in the market, key players in the market, particularly in The Middle East and Africa, 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 Middle East and Africa Gathering Pipeline Market to the stakeholders in the industry. The report provides the most dominant trends in the Middle East and Africa 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 Middle East and Africa 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 Middle East and Africa 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 Middle East and Africa 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 Middle East and Africa 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 Middle East and Africa Gathering Pipeline Market. The report also analyses whether the Middle East and Africa Gathering Pipeline Market are 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 Middle East and Africa Gathering Pipeline Market. Economic variables aid in the analysis of economic performance drivers that have an impact on The Middle East and Africa Gathering Pipeline Market. Understanding the impact of the surrounding environment and the influence of environmental concerns on The Middle East and Africa Gathering Pipeline Market is aided by legal factors.
Middle East and Africa Gathering Pipeline Market Scope |
|
Market Size in 2023 |
USD 976.38 Mn. |
Market Size in 2030 |
USD 1144.85 Mn. |
CAGR (2024-2030) |
2.3% |
Historic Data |
2018-2022 |
Base Year |
2023 |
Forecast Period |
2024-2030 |
Segment Scope |
By Type
|
By Application
|
|
By Sector
|
The Middle East and Africa Gathering Pipeline Market Key Players:
- Bechtel Corporation
- Fugro
- John Wood Group PLC
- Larsen & Toubro Limited
- McDermott International, Inc
- Petrofac Limited
- Saipem
- Sapura Energy Berhad
- Subsea 7 SA
- TechnipFMC plc
Frequently Asked Questions
The Saudi Arabia region is expected to hold the highest share in The Middle East and Africa Gathering Pipeline Market.
The market size of The Middle East and Africa Gathering Pipeline Market by 2030 is expected to reach USD 1144.85 Million.
The forecast period for The Middle East and Africa Gathering Pipeline Market is 2024-2030.
The market size of The Middle East and Africa Gathering Pipeline Market in 2023 was valued at USD 976.38 Million.
1. Research Methodology
1.1 Research Data
1.1.1. Primary Data
1.1.2. Secondary Data
1.2. Market Size Estimation
1.2.1. Bottom-Up Approach
1.2.2. Top-Down Approach
1.3. Market Breakdown and Data Triangulation
1.4. Research Assumption
2. Middle East and Africa Gathering Pipeline Market Executive Summary
2.1. Market Overview
2.2. Market Size (2023) and Forecast (2024 – 2030) and Y-O-Y%
2.3. Market Size (USD) and Market Share (%) – By Segments and Country
3. Middle East and Africa Gathering Pipeline Market: Competitive Landscape
3.1. SMR Competition Matrix
3.2. Key Players Benchmarking
3.2.1. Company Name
3.2.2. Headquarter
3.2.3. Product Segment
3.2.4. End-user Segment
3.2.5. Y-O-Y%
3.2.6. Revenue (2023)
3.2.7. Profit Margin
3.2.8. Market Share
3.2.9. Company Locations
3.3. Market Structure
3.3.1. Market Leaders
3.3.2. Market Followers
3.3.3. Emerging Players
3.4. Consolidation of the Market
3.4.1. Strategic Initiatives and Developments
3.4.2. Mergers and Acquisitions
3.4.3. Collaborations and Partnerships
3.4.4. Product Launches and Innovations
4. Middle East and Africa Gathering Pipeline Market: Dynamics
4.1. Middle East and Africa Gathering Pipeline Market Trends
4.2. Middle East and Africa Gathering Pipeline Market Drivers
4.3. Middle East and Africa Gathering Pipeline Market Restraints
4.4. Middle East and Africa Gathering Pipeline Market Opportunities
4.5. Middle East and Africa Gathering Pipeline Market Challenges
4.6. PORTER’s Five Forces Analysis
4.6.1. Intensity of the Rivalry
4.6.2. Threat of New Entrants
4.6.3. Bargaining Power of Suppliers
4.6.4. Bargaining Power of Buyers
4.6.5. Threat of Substitutes
4.7. PESTLE Analysis
4.7.1. Political Factors
4.7.2. Economic Factors
4.7.3. Social Factors
4.7.4. Technological Factors
4.7.5. Legal Factors
4.7.6. Environmental Factors
4.8. Value Chain Analysis and Supply Chain Analysis
4.9. Technological Roadmap
4.10. Regulatory Landscape
5. Middle East and Africa Gathering Pipeline Market: Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2030)
5.1. Middle East and Africa Gathering Pipeline Market Size and Forecast, by Type (2024-2030)
5.1.1. Crude Oil Pipeline
5.1.2. Natural Gas
5.2. Middle East and Africa Gathering Pipeline Market Size and Forecast, by Application (2024-2030)
5.2.1. Onshore
5.2.2. Offshore
5.3. Middle East and Africa Gathering Pipeline Market Size and Forecast, by Sector (2024-2030)
5.3.1. Upstream
5.3.2. Midstream
5.3.3. Downstream
5.4. Middle East and Africa Gathering Pipeline Market Size and Forecast, by Country (2024-2030)
5.4.1. South Africa
5.4.2. GCC
5.4.3. Egypt
5.4.4. Nigeria
5.4.5. Rest of Middle East and Africa
6. Company Profile: Key Players
6.1. Bechtel Corporation
6.1.1. Company Overview
6.1.2. Business Portfolio
6.1.3. Financial Overview
6.1.3.1. Total Revenue
6.1.3.2. Segment Revenue
6.1.4. SWOT Analysis
6.1.5. Strategic Analysis
6.1.6. Recent Developments
6.2. Fugro
6.3. John Wood Group PLC
6.4. Larsen & Toubro Limited
6.5. McDermott International, Inc
6.6. Petrofac Limited
6.7. Saipem
6.8. Sapura Energy Berhad
6.9. Subsea 7 SA
6.10. TechnipFMC plc
7. Key Findings
8. Analyst Recommendations
8.1. Strategic Recommendations
8.2. Future Outlook