Offshore Pipeline Market worth $18.6 Billion by 2027
The global Offshore Pipeline Market is expected to grow from USD 14.8 billion in
2022 to USD 18.6 billion by 2027, at a CAGR of 4.7% according to a new report
by MarketsandMarkets™. The Offshore
Pipeline Market has promising growth potential due to the rising deployment of
oil and gas distribution networks and the rising use of natural gas.
Transport
line segment expected to dominate Offshore...
Pipeline Integrity Market Anticipated to Reach $2.1 Billion by 2024
The global Pipeline
Integrity Market is projected to reach $2.1 billion by 2024 from an
estimated $1.7 billion in 2019, at a CAGR of 4.33% during the forecast period.
This growth can be attributed to huge investment pool in the pipeline business,
increased government mandate and regulations for pipeline assessment, concern
over environment impact, the safety of pipelines and energy infrastructure,...
Oil & Gas Pumps Market Huge Growth Opportunity between 2020-2025
The oil & gas pumps market size will grow to USD 9.0 billion by 2025 (forecast year) from USD 6.6 billion in 2020 (estimated year), at a CAGR of 6.4% during the forecast period. Continuous shale development activities and the development of gas terminals are the key factors driving the growth of the oil & gas pumps market. Likewise, the development of pipeline infrastructure in Asia Pacific...
Offshore Pipeline Market to See Strong Expansion through 2018-2023
The global offshore
pipeline market is expected to grow from USD 11.5 million in 2018 to USD
15.8 billion by 2023, at a CAGR of 6.54% during the forecast period. The major
factors driving the offshore pipeline market include increasing demand for
crude oil and natural gas, especially from the Asia Pacific region. Increasing
demand for safe, economical, and reliable connectivity is expected to drive...
Pipeline & Process Services Market Expected to Grow $4.0 Billion by 2024
The global pipeline
& process services market is projected to reach USD 4.0 billion by 2024
from an estimated USD 3.3 billion in 2019, at a CAGR of 4.3% during the
forecast period. Increase in demand for safe, economical, and reliable
connectivity; and high investments lined up for pipeline business are driving
the pipeline & process services market. However, problems faced by
cross-border...