Transparency Market Research

Global Pipeline Installation Services Market Propelled by Rising Demand for Oil and Gas

Transparency Market Research has published a new report "Pipeline Installation Services Market - Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2014 - 2020" to its report store.


Albany, NY -- (SBWIRE) -- 05/27/2016 -- A new report from Transparency Market Research, titled 'Pipeline Installation Services Market - Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2014 - 2020,' states that the global market is expected to expand swiftly between 2014 and 2020 owing to the developments in pipeline installation services.

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Pipeline installation is a difficult task involving clearing and grading, engineering and bending, ditching, fabrication, remediation, hydrostatic testing, and other activities. Pipeline installation services are primarily acquired to install pipelines for the transportation of natural gas, crude oil, and other refined products. Refined products can primarily be in the form of diesel, Liquefied Petroleum Gas (LPG), jet fuel, naphtha, heating oil, chemicals, lubricants, and others. The pipeline installation services are used to serve both offshore and onshore applications and can be either domestic pipelines or cross-border pipelines.

In the years to come, the demand for oil and gas is expected to increase due to the rising population and rapid industrialization. Very soon, exploration activities to discover new oil and gas reservoirs are expected to increase. This is likely to have a direct impact on the global pipeline installation services market. The oil and gas transportation industry is expected to be affected by the uneven distribution of natural gas and crude oil reserves. Further, the demand for energy is anticipated to be high across the globe in the near future. All these factors are responsible for the rapid growth of the global pipeline installation services market.

Pipeline transportation is one of the fastest, most reliable, and cheapest mode of transportation for oil and gas. The new ultra deep and deep water offshore natural gas and oil discoveries are expected to further benefit the global market for pipeline installation services in the near future.

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The global pipeline installation services market is segmented on the basis of region, application, and product. By region, the global pipeline installation services market is divided into Europe, Asia Pacific, North America, and Rest of the World. Organizations such as R.R. Sales Corporation, Bilfinger Industrial Services, Schwob Building Company Ltd., Upetrom Group, and Allseas Group are contributing considerably to the global market.

The regional segmentation of the global pipeline installation services market is done by pinpointing the major natural gas and oil manufacturing countries. Canada, Mexico, and the United Sates in North America; Germany, Russia, the United Kingdom, and Ukraine in Europe; India, Australia, China, and Indonesia in Asia Pacific; and Libya, Saudi Arabia, and Algeria in the Middle East and Africa are some of the countries manufacturing gas and oil.

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