Pipelines
is an important and affordablemedium to transport various kinds of
products such as crude oil, petroleum products, refined petroleum
products, natural gas, liquid petroleum gas, chemicals and water
among othersfrom drilling and production sites to the storage
terminals and end-users. Generally, these pipelines are buried under
the ground at a depth of one to two metres. Pipelines are usually
made from steel, plastic tubes or carbon steel. Diameter of these
tubes vary from two inches to 60 inches. Pipelines have to be
inspected, maintained, serviced, and protected periodically to
prevent corrosion, abrasion, dents, cracks, and wax buildup.These
maintenance and troubleshooting activities are termed as pipeline
processing and pipeline services. Pipeline processing includes
activities such as chemical cleaning, leak detection, controlled
bolting, hot oil flushing, pipe freezing, foam inerting, hot tapping,
and leak metering among others. Pipeline servicing includes
activities such as pipeline cleaning, pipeline gauging,filling and
flooding, dewatering, vaccum drying, testing services, and nitrogen
purging among others.
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The
market for pipeline processing and pipeline servicesis increasing
steadily it was first started in the late 19th century. Pipelines are
generally the most economical way to transport large quantities of
oil, gas, chemicals and water over land. The total length of
pipelines constructed for transportation across the globe is
approximately 3,800,000kilometres as of 2014. Much more pipeline
projects are in planning stage and under construction currently. The
market for pipeline processing and pipeline services has matured and
has been growing constantly due to increasing pipeline construction
activities across the globe.
The
global pipeline processing and pipeline servicesmarket can be
segmented on the basis of processes, services,
applications/deployment and geography. The pipeline processing
includes chemical cleaning, leak detection, controlled bolting, hot
oil flushing, pipe freezing, foam inerting, hot tapping, and leak
metering among others. Pipeline services include pipeline cleaning,
pipeline gauging,filling and flooding, dewatering, vaccum drying,
testing services, and nitrogen purgingamong others. All these
processes and services are carried out to clean pipes, remove slag,
remove wax, detect cracks or corrosions and remove any other
anomalies for efficient and optimal operations of pipelines over a
long period. Pipeline processing and pipeline services are deployed
for onshore as well as offshore pipelines.
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North
America including the U.S, Canada and Mexico have the highest share
of pipeline processing and pipeline servicesmarket. The U.S alone
accounts for more than 2,200,000 kilometres of pipelines for
transportation. Hence, pipeline processing and services market in the
U.S is very huge. Europe and Middle East including Russia, Ukraine,
U.K, Netherlands, Germany and Saudi Arabia also have a huge market
for pipeline processing and pipeline services.Asia Pacific holds a
huge potential market for pipeline processing and pipeline
servicesand has grown significantly in recent years. Countries such
as Australia, China, India, Kazakhstan and Indonesia have given a
huge boost to pipeline processing and pipeline servicesmarket. Latin
America and Africa are also expected to have a decent market share in
the coming decade.
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Some
of the major drivers for pipeline processing and pipeline services
market includes the increasing demand for energy and discovery of new
oil & gas reserves across the globe.In recent years, oil &
gas production has increased enormously worldwide. New energy
sources and advanced drilling technology will further boost the
demand for pipelines. Also, shifted focus on more productive wells
will boost oil & gas production, which will increase the demand
for pipelines. The demand for new oil & gas pipelines will
continue to rise as well as expansion and maintenance of existing
pipelines is also predicted. In recent times, many onshore oil &
gas reserves have been discovered and utilized. This has given
immense boost to demand for pipelines in intrastate and interstate
infrastructure.Rise in construction of pipelines will directly
bolster the pipeline processing and pipeline services market.
Although, high initial investments and the falling prices of oil &
gas across the globe may pose a threat to pipeline processing and
pipeline services market. However, new natural gas and oil resources
along with rise in consumption of oil & gas may prove beneficial
to pipeline processing and pipeline services industry. All these
factors predict a good growth trajectory for pipeline processing and
pipeline services market during the forecast period.
Some
of the key players in the pipeline processing and pipeline services
market include Anabeeb Arabian Pipeline & Services Co. Ltd.,
Aramco Services Company, Baker Hughes Inc.,Clock Spring LP,Future
Pipe Industries,Halliburton, ROSEN Saudi Arabia Co. Ltd., and
SchlumbergerPipeline Services Ltd. among others.
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This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- Latin America
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This
report is a complete study of current trends in the market, industry
growth drivers, and restraints. It provides market projections for
the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
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report provides pin-point analysis for changing competitive dynamics
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