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The Asia Pacific region holds a significant market share owing to the robust energy consumption in emerging economies such as India and China. Moreover, favourable government initiatives to meet the rising demand for oil and gas are also propelling the market growth. India, one of the biggest consumers of oil and gas, is expected to double its pipeline network in the next six years. The Indian government announced the construction of over 16,000 kilometres of new pipelines, which are consequently boosting the market growth. China, too, announced its plans to accelerate the construction of oil and gas pipeline to increase its distribution networks and pipeline transmission. Similarly, the Indonesian government is investing significantly in the construction of pipelines for the oil and gas industry to meet the energy demands. Such initiatives by various governments, along with several pipeline infrastructure projects, are augmenting the market growth for onshore oil and gas pipeline in the Asia Pacific region, therefore contributing to the overall market growth.
Onshore Oil and Gas Pipeline Market Size
Onshore Oil and Gas Pipeline Market Share
Onshore Oil and Gas Pipeline Market Growth
Onshore Oil and Gas Pipeline Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global onshore oil and gas pipeline market is projected to grow at a CAGR of 5.4% between 2024 and 2032.
The introduction of favourable government initiatives to expand pipeline infrastructure and the rising use of oil and gas to meet the energy supply demands are the major market drivers.
The key trends bolstering the market demand growth are the increasing use of natural gas and various innovations to produce superior pipelines.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of onshore oil and gas pipeline in the market are electric resistance welded (ERW) pipes, spiral submerged arc welded (SSAW) pipes, and longitudinally submerged arc welded (LSAW) pipes, among others.
The different products of onshore oil and gas pipeline are crude oil, natural gas and NGL, and refined products.
The significant applications of the product are crude oil transmission, natural gas transmission, and refined products transmission.
The major players in the onshore oil and gas pipeline market are Arcelor Mittal S.A., Tenaris S.A., CPW America Co., Essar Group, and TMK Group, among others.
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