Global Gas Pipeline Infrastructure Market Insights Forecasts to 2030

• The Global Gas Pipeline Infrastructure Market Size was valued at USD 2,635.9 Billion in 2021
• The Global Gas Pipeline Infrastructure Market Share is Growing at a CAGR of 3.62% from 2022 to 2030
• The Worldwide Gas Pipeline Infrastructure Market Size is expected to reach USD 3,480.9 Billion by 2030
• Asia Pacific is expected to grow the fastest during the forecast period

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The Global Gas Pipeline Infrastructure Market Size is expected to reach USD 3,480.9 billion by 2030, at a CAGR of 3.62% during the forecast period 2022 to 2030. Among the important variables regulating the efficiency of the gas pipeline infrastructure industry are a positive correlation of advanced integration, product penetration in regional application markets, and supply security from gas sources. The primary industry factors supporting gas pipeline infrastructure demand are continuing laws addressing carbon emissions and energy efficiency.

 

Market Overview

Gas pipeline infrastructure allows for the safe delivery of gas and refined products while maintaining continuous pressure and flow conditions to the required destination. The transmission infrastructure is a massive network of pipes of various sizes and functions, including as large diameter transmission lines, trunk lines, and small gathering lines. Underground gas pipes are built using steel or plastic tubes. Pipelines deliver natural gas, biofuels, and liquid petroleum via pump stations positioned along the route. Nationwide or intrastate pipelines assist long-distance transfer, and gathering lines facilitate transport from wellheads to central collecting stations for processing and storage.

 

Report Coverage

This research report categorizes the market for Global Gas Pipeline Infrastructure Market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Global Gas Pipeline Infrastructure Market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the Global Gas Pipeline Infrastructure Market.

 

    

Driving Factors

The increased penetration of natural gas across various industries such as power generation, chemical, industrial, residential, and commercial will drive the expansion of the gas pipeline infrastructure market. The worldwide market will benefit from increased demand for hydrocarbons as the world's population grows. Also, the increasing urbanization and industry expansion, particularly in emerging markets, will have a beneficial impact on corporate global growth.

 

The growing number of exploratory operations, the low cost of natural gas, and the high efficiency supplied by natural gas are some other factors contributing to the expansion of the global gas pipeline infrastructure market. Increasing government expenditures to improve accessibility, in addition to the requirement to upgrade the current pipeline network across different territories, are expected to boost the global market. Russia and Pakistan, for example, planned to build a 1,100-kilometer gas pipeline infrastructure connecting Port Qassim in Karachi and Lahore for USD 2.5-3 billion by the end of 2023. New investments such as these are likely to boost global gas pipeline market expansion, creating possibilities for industry players in the forthcoming years.

 

Restraining Factors

The high initial cost of installing gas pipes is a major market constraint for the gas pipeline infrastructure market. Also, the additional equipment necessary to place alongside the pipelines raises the cost even further.

 

The global transition toward energy production from renewable sources constitutes a significant threat to the oil and gas market, which would be expected to pose a substantial risk to gas pipeline installation expansion in the future periods. Furthermore, the possibility of pipeline leakages is also a market limitation for the worldwide gas pipeline infrastructure market.

 

Market Segmentation

• In 2021, the transmission segment dominated the market with the largest share over the forecast period

 

Based on operation, the Global Gas Pipeline Infrastructure Market is segmented into transmission, gathering, and distribution. Among them, the transmission segment dominated the market with the largest share over the forecast period. The segment is expected to experience massive development in nations including the United States, Russia, China, and other European countries, with a sizable volume of inter-regional business via both imports and exports. The segment expansion is anticipated to be driven by increasing consumption in end-use categories such as the expanding number of gas-fired power plants, the chemical industry, the manufacturing industry, and the residential and commercial sectors.

 

• In 2021, the 25-36 inch segment is witnessing significant CAGR growth over the forecast period

 

On the basis of diameter, the Global Gas Pipeline Infrastructure Market is segmented into less than 16 inch, 17-24 inch, 25-36 inch, and greater than 36 inch. Among these, the 25-36 inch segment is expected to grow at a significant CAGR during the forecast period. The 24-36-inch gas pipelines will be driven by rising intrastate commerce as well as rising demand for clean energy resources to deliver natural gas across high demand regions. The various governments have authorized capital for upgrading and expanding the pipeline infrastructure that is already in operations.

     

• In 2021, the compressor segment is dominating the market with the largest market share of 53% over the forecast period

 

Based on application, the Global Gas Pipeline Infrastructure Market is segmented into pipeline, valves, compressor, metering, and others. Among these, the passenger vehicles segment dominates the market with the largest market share of 53% over the forecast period owing to the rising trend of extending new gas sources and boosting pipeline capacity to access more amounts. Every 80 to 150 kilometers along the pipeline's length, compressor stations are placed on transmission pipelines to enable pressure to be increased to keep the gas moving. It is estimated that strict government transportation safety requirements and the deployment of technologically superior compressor stations will further improve the segment scenario.

 

Regional Segment Analysis of the Global Gas Pipeline Infrastructure Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is dominating the market with the largest market share of 54%.

 

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North America is expected to remain the industry's leading region during the forecast period, with a 54% market share. Major pipeline organizations have chosen to invest in North America because of the region's well-developed, fully interconnected transmission and distribution infrastructure, which can deliver natural gas to and from every state in the region. The United States and Canada are the major markets of gas pipeline infrastructure in the region, accounting for more than 90% of the total pipeline magnitude. The increasing demand in Canada for the development and replacement of the present pipeline infrastructure is one of the key driving forces of the growth of regional markets.

 

Asia Pacific is expected to grow the fastest during the forecast period. After the United States and the Russian Federation, China is the world's third-largest importer of natural gas. State-owned businesses in China, such as CNPC and China National Offshore Oil Company, have plans to increase output at nearby gas fields, which will increase the demand for pipelines in the area. In order to satisfy rising demand, India is modernizing its existing gas pipeline systems. For example, in its national budget for 2021, the Indian government mandated a pipeline project for the union territory of Jammu and Kashmir. Furthermore, with a $66 billion investment in gas infrastructure, encompassing gas pipelines, city gas distribution (CGD), and liquefied natural gas (LNG) refueling installations, the country seeks to boost natural gas's share of the energy basket to 15%.

 

Over the projected period, Iran is expected to hold the largest share of the market in the Middle East and Africa gas pipeline infrastructure market. The lifting of international sanctions will result in a rapid expansion in E&P activities throughout newly discovered oil and gas resources, accelerating sector growth. The administration is committed to outperforming Qatar in global gas exports. They also stated that production has more than risen in the last 4 years as well as that the South Pars field will be developed in five phases.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Global Gas Pipeline Infrastructure Market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Market Top Players

• TransCanada Pipelines Limited
• Pembina Pipeline Corporation
• Alliance Pipeline
• Enbridge
• Engas
• Gazprom
• Snam Rete
• MRC Global
• CRC Evans Pipeline
• National Oilwell Varco
• General Electric
• Perusahaan Gas Negara.
• Technip
• Kinder Morgan
• Saipem

 

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

 

Recent Development

• In February 2023, Saipem’s Grip & Metal Seal Connector, a patented technology for subsea pipeline repair, has received the Statement of Qualified Technology for sour service applications from DNV, the global independent expert in assurance and risk management. Following the completion of this program, a DNV type approval certification will be filed and issued, allowing Sonsub to commercialize the Grip & Metal Seal Connector in major promising locations, particularly the Eastern Mediterranean Sea, Black Sea, and the Middle East.

 

• In November 2022, Enbridge Inc. and Oxy Low Carbon Ventures, a subsidiary of Occidental, announced plans to collaborate on the development of a carbon dioxide (CO2) sequestration hub on the Texas Gulf Coast near Corpus Christi. Enbridge would design, build, and operate the pipeline infrastructure, while OLCV would design, build, and operate the sequestration facilities.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2019 to 2030. Spherical Insights has segmented the Global Gas Pipeline Infrastructure Market based on the below mentioned segments:

 

Global Gas Pipeline Infrastructure Market, By Operation

• Transmission
• Gathering
• Distribution

 

Global Gas Pipeline Infrastructure Market, By Diameter

• Less Than 16 Inch
• 17-24 Inch
• 25-36 Inch
• Greater Than 36 Inch

 

Global Gas Pipeline Infrastructure Market, By Application

• Pipeline
• Valves
• Compressor
• Metering
• Others

 

Global Gas Pipeline Infrastructure Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa