North America Oil and Gas Pipeline Market Forecast 2024-2032

North America Oil and Gas Pipeline Market Outlook 

The North America oil and gas pipeline market size is assessed to grow at a CAGR of 5.8% between 2024 and 2032.  

Key Takeaways

• Petroleum pipelines run across 190,000 miles+ distance across the United States.

• The United States surpassed Saudi Arabia in oil production in 2018.

• In 2021, the USA’s network of natural gas pipelines delivered nearly 27.6 trillion cubic feet (Tcf) to approximately 77.7 million people.

As per the Energy Information Administration, the average oil production of the USA will amount to 13.2mn barrels per day in 2024 and rise to 13.4mn b/d in 2025. Dry natural gas production, meanwhile, is expected to reach a level of 105bn cubic feet per day in 2024 and in 2025, it can attain 106 bn cu ft/d level. Hence, the increasing oil and gas production in the USA is expected to propel the North America oil and gas pipeline market expansion in the coming years.

The shale revolution continues to drive the market growth in the region. It refers to the technique of horizontal drilling and hydraulic fracturing, which significantly enhances the production of oil and natural gas from tight oil formations. The network of natural gas pipelines in the USA has nearly 3 million miles+ of mainline, along with other pipeline networks which link production areas and storage facilities with consumers. Currently, tight oil formations constitute 36% of all the petroleum production in the USA. 

The expansion of existing oil and gas pipeline infrastructure is also driving the growth of North America oil and gas pipeline market. For example, in March 2024, Enbridge Inc., which is renowned for operating the Mainline (North America’s biggest network of oil pipelines), announced plans to purchase two marine docks from Flint Hills Resources in March 2024 for $200 million. The company is also likely to make an investment of $100 million in expanding the Gray Oak oil pipeline present in Texas, United States, thereby contributing to the North America oil and gas pipeline market growth.

Market Segmentation

North America Oil and Gas Pipeline Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Flow Lines

• Gathering Lines

• Transmission Lines

• Distribution Lines

Market Division by Product

• Oil

• Gas 

• Refined Products

Market Bifurcation by Location of Deployment

• Onshore

• Offshore

Market Division by Country

• United States of America

• Canada

Key players in the North America oil and gas pipeline market are engaged in scaling up their production capacities to meet the increasing demand for energy by Canadian and American consumers and ensuring minimum energy losses.

The key market players are Energy Transfer L.P., Kinder Morgan Inc., Chevron Corp., Enbridge Inc., Williams Companies, Inc., ONEOK Inc., TechnipFMC plc, TC Pipelines LP (TC Energy Corp.), Enterprise Products Partners LP, Bechtel Corporation, and Imperial Oil Ltd., among others.

Key Highlights of the Report