Market Insights
The offshore pipeline market was estimated at USD 14.5 billion in 2022 and is likely to grow at a CAGR of 4.72% during 2023-2028 to reach USD 19.17 billion in 2028.

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What are offshore pipelines?
Offshore pipelines are used on the seabed or inside the trench to transport oil & gas. These pipelines are mostly made of carbon steel and vary from 3 inches to 72 inches from gas lines for high-capacity lines.
The offshore pipeline inside the wall carries seawater or corrosive substances, it is coated with materials such as epoxy and polyurethane.
Offshore Pipeline Market Highlights
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Market Size in 2022
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USD 14.5 billion
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Market Size in 2028
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USD 19.17 billion
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Market Growth (2023-2028)
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4.72% CAGR
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Base Year of Study
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2022
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Trend Period
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2017-2021
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Forecast Period
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2023-2028
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Key Players
Some of the major players in the offshore pipeline market are-
- Saipem
- Subsea 7
- McDermott
- Sapura
- Wood Group
- Technip
- Fugro
- Atteris
- Penspen
- Petrofac
- Senaat
Market Dynamics
This unprecedented growth of the offshore pipeline market is attributed to the escalating demand for crude oil and natural gas, especially from the Asia Pacific region, and mounting claims for economical, safe, and reliable connectivity.

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Segments Analysis
By Product Type
Based on the product type, the market is segmented as oil, gas, and refined products. The refined products segment led the market in 2022 and is expected to dominate during the forecasted period. The rising demand for refined products, especially from the Asia Pacific region, is boosting the market, followed by the Middle East and Africa.
By Line Type
Based on the line type, the market is segmented as export line, transport line, and other lines. The transport line dominated the market and is expected to remain the largest segment during the forecasted period. Around 25,000 km of transport line pipeline network is expected to be completed by 2025.
By Diameter Type
Based on the diameter type, the market is segmented as below 24” and greater than 24”. It is estimated that the greater than 24” segment will register faster growth during the forecast period. Further, close to 35,000 km of 24” pipeline network is likely to be accomplished in the coming five years.
Regional Insights
In terms of regions, Europe is estimated to lead the market during the forecast period. The region is dependent on conventional fuels and over 80% of its total consumption comes from conventional energy. Countries such as the UK, France, and Germany consume high energy and have high demand, which is driving the market.

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Market Segmentation
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The market is segmented into the following categories.
By Product Type
By Line Type
- Transport Line
- Export Line
- Other Lines
By Diameter Type
- Below 24’’
- Greater than 24’’
By Region
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, and the Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, and the Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Research Methodology
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 800 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?
Key questions this report answers
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Relevant contents in the report
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How big is the sales opportunity?
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In-depth Analysis of the Offshore Pipeline Market
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How lucrative is the future?
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Market forecast and trend data and emerging trends
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Which regions offer the best sales opportunities?
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Global, regional, and country-level historical data and forecasts
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Which are the most attractive market segments?
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Market segment analysis and Forecast
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Which are the top players and their market positioning?
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Competitive landscape analysis, Market share analysis
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How complex is the business environment?
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Porter’s five forces analysis, PEST analysis, Life cycle analysis
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What are the factors affecting the market?
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Drivers & challenges
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Will I get the information on my specific requirement?
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10% free customization
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Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of any one of the product types by line type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.