Global Offshore Pipeline Market Size, Trends and Growth opportunity, By Product (Oil, Gas and Refined Product), By Line Type (Export Line and Transport Line), By Diameter (Below 24” and Greater than 24”), By Installation Type (S LAY, J LAY, TOW IN), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Report ID : IR100571 | Industries : Energy & Power | Published On :May 2024 | Page Count : 146
Global Offshore Pipeline Market Size, Trends and Growth opportunity, By Product (Oil, Gas and Refined Product), By Line Type (Export Line and Transport Line), By Diameter (Below 24” and Greater than 24”), By Installation Type (S LAY, J LAY, TOW IN), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Offshore Pipeline Market
Global Offshore Pipeline Market was valued at USD 10.2 billion in 2021 and is expected to reach USD 18.8 billion by 2027, at a CAGR 4.30% from 2022-2027.
Offshore pipelines come in the use of the oil and gas industry for transferring the oil through closed tubes. It can be placed either on or below the seabed. It is connected to the process platform or wellhead. There are various advantages of offshore pipelines i.e., improved efficiency and oil capacity.
Market Drivers
The increase in the demand in the offshore pipeline market is due to growing discoveries of shale gas and exploration. This is expected to create significant demand for gas pipelines. Furthermore, The factors which are responsible for enhancing the growth in the offshore pipeline market are globalization & urbanization. Moreover, the companies are trying to focus on increasing the offshore and e & p activities to meet the growing energy demand.
The rising demand for the raw material in many regions has made the usage of offshore pipelines mandatory. The Oil & Gas Pipeline is expected to increase more demands in the North American region as there are more discoveries of Shale Gas.
Market Restraints
Various government rules and regulations must be followed for the widespread construction of the network. Also, there are technical factors which are included, like construction in the deep waters is a restricting factor to the global offshore pipeline market.
Market Segmentation
The Global Offshore Pipeline Market is segmented into product, line type, diameter, installation type, and region.
Based on the line type, the transport line segment is expected to hold the maximum share in the market as per the forecast period. It is expected that approx. 25000 km of transport line pipeline network will be established.
Regional Analysis
The Global Offshore Pipeline Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is expected to dominate the offshore market in the forecast period. Pipeline Countries in the region try to invest in offshore oil & gas exploration activities. During the forecast period, oil, and gas pipeline infrastructure in countries like the USA and Canada are expected to continue running at full capacities.
Key Players
Various key players are discussed into the Global Offshore Pipeline Market Report including: TechnipFMC Plc, Petrofac Limited, McDermott, Fugro, Saipem, Enbridge Inc., Cortez Subsea, Bechtel Corporation, John Wood Group PLC, and Larsen & Toubro Limited.
Market Taxonomy
By Product
• Oil
• Gas
• Refined product
By Line Type
• Export line
• Transport line
By Diameter
• Below 24”
• Greater than 24”
By Installation Type
• S LAY
• J LAY
• TOW IN
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Offshore Pipeline Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Offshore Pipeline Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Offshore Pipeline Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Offshore Pipeline Market Share Analysis, By Product
5.3 Global Offshore Pipeline Market Size and Forecast, By Product
5.3.1 Oil
5.3.2 Gas
5.3.3 Refined product
6 Global Offshore Pipeline Market, By Line Type
6.1 Y-o-Y Growth Comparison, By Line Type
6.2 Global Offshore Pipeline Market Share Analysis, By Line Type
6.3 Global Offshore Pipeline Market Size and Forecast, By Line Type
6.3.1 Export line
6.3.2 Transport line
7 Global Offshore Pipeline Market, By Diameter
7.1 Y-o-Y Growth Comparison, By Diameter
7.2 Global Offshore Pipeline Market Share Analysis, By Diameter
7.3 Global Offshore Pipeline Market Size and Forecast, By Diameter
7.3.1 Below 24”
7.3.2 Greater than 24”
8 Global Offshore Pipeline Market, By Installation Type
8.1 Y-o-Y Growth Comparison, By Installation Type
8.2 Global Offshore Pipeline Market Share Analysis, By Installation Type
8.3 Global Offshore Pipeline Market Size and Forecast, By Installation Type
8.3.1 S LAY
8.3.2 J LAY
8.3.3 TOW IN
9 Global Offshore Pipeline Market, By Region
9.1 Global Offshore Pipeline Market Share Analysis, By Region
9.2 Global Offshore Pipeline Market Share Analysis, By Region
9.3 Global Offshore Pipeline Market Size and Forecast, By Region
10 North America Offshore Pipeline Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 North America Offshore Pipeline Market Share Analysis, By Product
10.3 North America Offshore Pipeline Market Size and Forecast, By Line Type
10.4 North America Offshore Pipeline Market Size and Forecast, By Diameter
10.5 North America Offshore Pipeline Market Size and Forecast, By Installation Type
10.6 North America Offshore Pipeline Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Offshore Pipeline Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Europe Offshore Pipeline Market Share Analysis, By Product
11.3 Europe Offshore Pipeline Market Size and Forecast, By Line Type
11.4 Europe Offshore Pipeline Market Size and Forecast, By Diameter
11.5 Europe Offshore Pipeline Market Size and Forecast, By Installation Type
11.5 Europe Offshore Pipeline Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Offshore Pipeline Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Asia Pacific Offshore Pipeline Market Share Analysis, By Product
12.3 Asia Pacific Offshore Pipeline Market Size and Forecast, By Line Type
12.4 Asia Pacific Offshore Pipeline Market Size and Forecast, By Diameter
12.5 Asia Pacific Offshore Pipeline Market Size and Forecast, By Installation Type
12.6 Asia Pacific Offshore Pipeline Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia Pacific
13 Latin America Offshore Pipeline Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Latin America Offshore Pipeline Market Share Analysis, By Product
13.3 Latin America Offshore Pipeline Market Size and Forecast, By Line Type
13.4 Latin America Offshore Pipeline Market Size and Forecast, By Diameter
13.5 Latin America Offshore Pipeline Market Size and Forecast, By Installation Type
13.6 Latin America Offshore Pipeline Market Size and Forecast, Country
13.6.1 Brazil
13.6.2 Rest of Latin America
14 Middle East Offshore Pipeline Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East Offshore Pipeline Market Share Analysis, By Product
14.3 Middle East Offshore Pipeline Market Size and Forecast, By Line Type
14.4 Middle East Offshore Pipeline Market Size and Forecast, By Diameter
14.5 Middle East Offshore Pipeline Market Size and Forecast, By Installation Type
14.6 Middle East Offshore Pipeline Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Egypt
14.6.4 Kuwait
14.6.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 TechnipFMC Plc
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Petrofac Limited
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 McDermott
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Fugro
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Saipem
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Enbridge Inc.
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Cortez Subsea
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Bechtel Corporation
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 John Wood Group PLC
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Larsen & Toubro Limited
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies