Offshore Pipeline Market 2019 Global Industry Outlook to 2023 Research Report published by Market Research Future. According to report Global Offshore Pipeline Market anticipated to achieve 6.80% CAGR by 2023. Offshore Pipeline Market Research Report by Product (Oil, Gas, and refined product), Line Type (Export Line and Transport Line), Diameter (Below 24, greater than 24), and Region with Forecast To 2023.
Key Companies Analyzed:
The key players dominating the global offshore pipeline market as profiled by the reports published by Market Research Future, include subsea 7 (UK), Saipem (Italy), Technip FMC (UK), Sapura Energy (Malaysia), Wood Group (UK), Petrofac (UK), Atteris (Australia), Mcdermott (US), Fugro (Netherlands), and others.
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Offshore Pipeline Market Overview:
Offshore pipeline finds wide application in oil & gas sector that is positioned below the seabed or above the seabed within a trench. These pipelines are linked to the land with the process platform or well head. Offshore pipelines are employed to transfer oil through the closed tubes. It is one of the reliable and fastest methods of transporting offshore oil & gas. Offshore pipelines come with several advantages. These advantages include large oil capacity and increased efficacy. Market Research Future has recently published a report on the offshore pipeline market after conducting an exhaustive study.
As per the reports, the offshore pipeline market is estimated to generate a revenue of USD 16.87 billion by the conclusion of 2024. The report further states that the market is likely to develop at a CAGR of 6.80%. The key factor driving the offshore pipeline market is the rise in demand for reliable and safe connectivity in the oil & gas sector to transfer oil & gas safely.
The global offshore pipeline market is anticipated to develop at a surging rate over the forecast period. The growth is primarily owing to the soaring demand for natural gas and crude oil. IEA has stated that, by 2023, oil demand is likely to develop by 6.9 million barrels a day. As a result, oil & gas companies around the world have produced a sound investment plan to enable offshore pipeline development, across the world. In November 2018, for instance, Mcdermott (US) received a contract of the value of approximately USD 250 million from Petrobras for a natural gas pipeline project in Brazil. Likewise, Saipem received an offshore pipeline contract, in June 2018, which was worth USD 1.3 billion within the Middle East. Such contracts are estimated to add to the development of offshore pipeline market in Europe and South America.
Market Segmentation:
Market Research Future has analyzed the global offshore pipeline market and has segmented it based on line type, product, region, and diameter. Based on line type, the global offshore pipeline market has been segmented into transport line and export line. The transport line is estimated to register a larger share over the forecast period. This is owing to the transport line technology which is the most common line type and is predominantly applied in transferring gas & oil. Europe is likely to be the most lucrative region over the forecast period. Based on diameter, the global offshore pipeline market has been further segmented as greater than 24 and below 24. The offshore pipeline segment has been led by greater than 24 diameter segment and is projected to expand at a higher pace throughout the forecast period.
Regional Analysis
Market Research Future, in their reports, has segmented the global offshore pipeline market as per different regions. In 2017, Europe was known to hold the primary share of the global offshore pipeline market. It has been expected that Asia-Pacific would be one of the rapidly developing markets over the forecast period. The growth in APAC can be mostly contributed to the increasing investments in gas & oil processes. The requirements for additional oil & gas pipelines is consistently increasing.
As a result, authorities in the US market are taking up initiatives to build offshore pipelines. According to the Construction Intelligence Center (CIC), the Americas reflect the highest worth of oil & gas construction projects. The market generated a revenue of USD 1.28 trillion approximately during 2016. The US dominates the market at present. The region records projects worth USD 405.7 billion which would propel the offshore pipeline market in North America. The requirement from the offshore & onshore fields in the Gulf of Mexico is also estimated to add to the development of the offshore pipeline market over the forecast period. US Holds the Largest Share of The Offshore Pipeline Market in North America.
Table Of Contents
1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope Of The Study
2.3 Market Structure
3 Research Methodology
3.1 Primary Research
3.2 Secondary Research
3.3 Market Size Estimation
3.4 Forecast Model
3.5 List Of Assumptions
3.6 Limitations Of The Study
4 Market Insights
5 Market Dynamics
5.1 Introduction
5.2 Market Drivers
5.3 Market Restraints
5.4 Market Opportunities
5.5 Porter’s Five Forces Analysis
5.5.1 Threat Of New Entrants
5.5.2 Bargaining Power Of Buyers
5.5.3 Bargaining Power Of Suppliers
5.5.4 Threat Of Substitutes
5.5.5 Intensity Of Rivalry
5.6 Value Chain/Supply Chain Analysis
6 Global Offshore Pipeline Market, By Product
6.1 Introduction
6.2 Oil
6.2.1 Market Estimates & Forecast, 2017–2024
6.2.2 Market Estimates & Forecast, By Region, 2018–2024
6.3 Gas
6.3.1 Market Estimates & Forecast, 2017–2024
6.3.2 Market Estimates & Forecast, By Region, 2018–2024
6.4 Refined Product
6.4.1 Market Estimates & Forecast, 2017–2024
6.4.2 Market Estimates & Forecast, By Region, 2018–2024
7 Global Offshore Pipeline Market, By Line Type
7.1 Introduction
7.2 Export Line
7.2.1 Market Estimates & Forecast, 2017–2024
7.2.2 Market Estimates & Forecast, By Region, 2018–2024
7.3 Transport Line
7.3.1 Market Estimates & Forecast, 2017–2024
7.3.2 Market Estimates & Forecast, By Region, 2018–2024
8 Global Offshore Pipeline Market, By Diameter
8.1 Introduction
8.2 Below 24
8.2.1 Market Estimates & Forecast, 2017–2024
8.2.2 Market Estimates & Forecast, By Region, 2018–2024
8.3 Great Than 24
8.3.1 Market Estimates & Forecast, 2017–2024
8.3.2 Market Estimates & Forecast, By Region, 2018–2024
9 Global Offshore Pipeline Market, By Region
9.1 Introduction
9.2 North America
9.2.1 Market Estimates & Forecast, By Product, 2017–2024
9.2.2 Market Estimates & Forecast, By Line Type, 2017–2024
9.2.3 Market Estimates & Forecast, By Diameter, 2017–2024
9.2.4 Market Estimates & Forecast, By Country, 2017–2024
9.2.5 US
9.2.5.1 Market Estimates & Forecast, By Product, 2017–2024
9.2.5.2 Market Estimates & Forecast, By Line Type, 2017–2024
9.2.5.3 Market Estimates & Forecast, By Diameter, 2017–2024
9.2.6 Canada
9.2.6.1 Market Estimates & Forecast, By Product, 2017–2024
9.2.6.2 Market Estimates & Forecast, By Line Type, 2017–2024
9.2.6.3 Market Estimates & Forecast, By Diameter, 2017–2024
9.2.7 Mexico
9.2.7.1 Market Estimates & Forecast, By Product, 2017–2024
9.2.7.2 Market Estimates & Forecast, By Line Type, 2017–2024
9.2.7.3 Market Estimates & Forecast, By Diameter, 2017–2024
9.3 Europe
9.3.1 Market Estimates & Forecast, By Product, 2017–2024
9.3.2 Market Estimates & Forecast, By Line Type, 2017–2024
9.3.3 Market Estimates & Forecast, By Diameter, 2017–2024
9.3.4 Market Estimates & Forecast, By Country, 2017–2024
9.3.5 Germany
9.3.5.1 Market Estimates & Forecast, By Product, 2017–2024
9.3.5.2 Market Estimates & Forecast, By Line Type, 2017–2024
9.3.5.3 Market Estimates & Forecast, By Diameter, 2017–2024
9.3.6 UK
9.3.6.1 Market Estimates & Forecast, By Product, 2017–2024
9.3.6.2 Market Estimates & Forecast, By Line Type, 2017–2024
9.3.6.3 Market Estimates & Forecast, By Diameter, 2017–2024
9.3.7 Russia
9.3.7.1 Market Estimates & Forecast, By Product, 2017–2024
9.3.7.2 Market Estimates & Forecast, By Line Type, 2017–2024
9.3.7.3 Market Estimates & Forecast, By Diameter, 2017–2024
9.3.8 Norway
9.3.8.1 Market Estimates & Forecast, By Product, 2017–2024
9.3.8.2 Market Estimates & Forecast, By Line Type, 2017–2024
9.3.8.3 Market Estimates & Forecast, By Diameter, 2017–2024
9.3.9 Rest Of Europe
9.3.9.1 Market Estimates & Forecast, By Product, 2017–2024
9.3.9.2 Market Estimates & Forecast, By Line Type, 2017–2024
9.3.9.3 Market Estimates & Forecast, By Diameter, 2017–2024
9.4 Asia-Pacific
9.4.1 Market Estimates & Forecast, By Product, 2017–2024
9.4.2 Market Estimates & Forecast, By Line Type, 2017–2024
9.4.3 Market Estimates & Forecast, By Diameter, 2017–2024
9.4.4 Market Estimates & Forecast, By Country, 2017–2024
9.4.5 China
9.4.5.1 Market Estimates & Forecast, By Product, 2017–2024
9.4.5.2 Market Estimates & Forecast, By Line Type, 2017–2024
9.4.5.3 Market Estimates & Forecast, By Diameter, 2017–2024
9.4.6 Indonesia
9.4.6.1 Market Estimates & Forecast, By Product, 2017–2024
9.4.6.2 Market Estimates & Forecast, By Line Type, 2017–2024
9.4.6.3 Market Estimates & Forecast, By Diameter, 2017–2024
9.4.7 India
9.4.7.1 Market Estimates & Forecast, By Product, 2017–2024
9.4.7.2 Market Estimates & Forecast, By Line Type, 2017–2024
9.4.7.3 Market Estimates & Forecast, By Diameter, 2017–2024
9.4.8 Australia
9.4.8.1 Market Estimates & Forecast, By Product, 2017–2024
9.4.8.2 Market Estimates & Forecast, By Line Type, 2017–2024
9.4.8.3 Market Estimates & Forecast, By Diameter, 2017–2024
9.4.9 Rest Of Asia-Pacific
9.4.9.1 Market Estimates & Forecast, By Product, 2017–2024
9.4.9.2 Market Estimates & Forecast, By Line Type, 2017–2024
9.4.9.3 Market Estimates & Forecast, By Diameter, 2017–2024
9.5 Middle East & Africa
9.5.1 Market Estimates & Forecast, By Product, 2017–2024
9.5.2 Market Estimates & Forecast, By Line Type, 2017–2024
9.5.3 Market Estimates & Forecast, By Diameter, 2017–2024
9.5.4 Market Estimates & Forecast, By Country, 2017–2024
9.5.5 Saudi Arabia
9.5.5.1 Market Estimates & Forecast, By Product, 2017–2024
9.5.5.2 Market Estimates & Forecast, By Line Type, 2017–2024
9.5.5.3 Market Estimates & Forecast, By Diameter, 2017–2024
Continued…
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