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Pipeline & Process Services Market Report
The Pipeline & Process Services Market is Segmented by Asset Type (Pipeline, Process), by Operation Type (Pre-Commissioning & Commissioning, Maintenance, and Decommissioning), and by Region (North America, Europe, Asia-Pa...
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Pipeline & Process Services Market is likely to witness an impressive CAGR of 4.3% during the forecast period. The Asia-Pacific region is likely to portray an increase in its refining capacities and higher refined product pipeline km additions owing to the increasing demand for petroleum products in the region. This factor is estimated to drive the pipeline & process services market during the forecast period.
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Pipeline & Process Services Market - Snapshot |
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Growth |
4.3% for the next five years |
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Major Asset Type |
Pipeline |
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Dominant Operation Type |
Pre-Commissioning & Commissioning |
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Region with the highest demand |
North America |
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Key Players |
Altus Intervention, BHGE, Bluefin Group, Chenergy Services, Enermech, Halliburton, Hydratight, IKM, IPEC, Techfem Spa, Trans Asia Pipelines, and Tucker Energy Services. |
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Based on the asset type, the market is segmented as pipeline and process. The pipeline segment is projected to account for the larger market share during the forecast period. Owing to the oil price decline, there were many pipeline projects which were delayed during the recent past. However, on account of the price rise since early 2018, the delayed projects are now getting commissioned in the coming years. Around 250,000 kms of pipelines are estimated to be added globally during the forecast period and the Asia-Pacific region is likely to depict the highest pipeline km additions in the coming five years.
Based on the operation type, the market is segmented as pre-commissioning & commissioning, maintenance, and decommissioning. The pre-commissioning & commissioning segment held the largest share of the pipeline & process services market in 2019. Increasing volume of gas processing & gas storage pre-commissioning activities in the Middle East & North Africa and refinery capacity pre-commissioning in the Asia Pacific regions are expected to boost the global pre-commissioning & commissioning segment during the forecast period. Pipeline pre-commissioning & commissioning is estimated to be around 65-70% of the overall pre-commissioning & commissioning pipeline and process service market, owing to the high volume of pipeline pre-commissioning in the North America region.
In terms of regions, North America is estimated to lead the pipeline & process services market during the forecast period. In the regions like the USA, 70% of the crude oils are shipped through pipelines. The growing demand for energy in North America shows the oil exploration activities, which are strengthening the market. In the current study, extraction techniques have opened ample oil & gas shale regions in extremely remote areas. The transportation of the manufactured crude & natural gas from these remote locations is expected to drive the overall pipeline market in the region.
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Some of the major players in the pipeline & process services market are-
Pipeline & Process Services provide a wide range of pre-commissioning & commissioning, maintenance and decommissioning services to the pipeline and process plants construction, commissioning and maintenance industries, both offshore and onshore.
Pipeline & Process Services provide operators the capability to initiate, sustain and increase production by increasing the production and transportation capacity of infield hydrocarbon flowlines, process plant and export pipelines.
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.
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Pipeline & Process Services Market Research Report - Features |
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Market Segmentation |
3 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
15 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The pipeline & process services market is segmented into the following categories.
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This report offers high-quality insights and is the outcome of 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 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, 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 the qualitative and quantitative insights.
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. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
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 at [email protected].
The pipeline & process services market is expected to witness an impressive growth of 4.3% CAGR in the foreseeable future.
Altus Intervention, BHGE, Bluefin Group, Chenergy Services, Enermech, Halliburton, Hydratight, IKM, IPEC, Techfem Spa, Trans Asia Pipelines, and Tucker Energy Services are among the key players in the pipeline & process services market.
North America is expected to lead the pipeline & process services market during the next five years.
The pipeline segment is expected to account for the largest share of the pipeline & process services market.
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