Bharat Book Bureau Provides the Trending Market Research Report on “Global Onshore Oil and Gas Pipeline Market By Vehicle Type (Battery Electric Vehicle (BEV) and Hybrid Vehicles), By Function (AR HUD With Navigation, AR HUD With Standard Functions, AR HUD With Adaptive Cruise Control (ACC), AR HUD With Lane Departure Warning (LDW), Advanced AR HUD), By Company and By Geography, Forecast & Opportunities, 2027”under Heavy Industry  Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Global onshore oil and gas pipeline market projected to drive to the surge in the number of drilling and extraction projects and the emergence of advanced techniques for smooth and protective transportation of the oil and gas material

The global onshore oil and gas pipeline market size estimated to grow at noteworthy CAGR during the forecast period, 2020-2027. The key factors are the rise in onshore activities, the surge in the deepwater production events and the development of the remote and hard to access fields.

Additionally, the availability of abundant natural gas reserves is likely to supplement the demand for natural gas from multiple end-use sectors; thereby, these factors fueling the demand for onshore oil and gas pipeline in the future periods. Further, the surge in the number of drilling and extraction projects will augment the global onshore oil and gas pipeline industry in the upcoming periods. The rapid infrastructural development and technological advancements in the O&G sector would foster the growth of the onshore oil and gas pipeline industry in the forthcoming years.
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Moreover, the adoption of advanced technology such as the Internet of Things by manufacturers to integrate features such as sensing communication and analytical capabilities in the oil and gas piping system enables them to retrieve the data about the transportation activities. These technological advancements will accelerate the growth of the global onshore oil and gas pipeline industry in the forecast span. Furthermore, the increasing focus on cleaner fuel, and technology developments making it possible for coal-bed methane cost-efficient farming is driving the growth of onshore oil and gas pipeline market. The upsurge in technological advancement in safe and protective transportation of oil and gas materials by manufacturers that protect the pipelines and the materials from the corrosive environment and extreme temperature will foster the expansion of the market.

Type Overview in the Global Onshore Oil and Gas Pipeline Market

Based on the type, the global onshore oil and gas pipeline market classified into electric resistance welded (ERW) pipes, submerged spiral arc welded (SSAW) pipes, longitudinally submerged arc welded (LSAW) pipes, and other. The electric resistance welded (ERW) pipes will be the fastest-growing segment in the forecast period. It is attributable to properties such as lower wall thickness, the metal coating or the lack of coating, proportions of the workpieces, electrode pressing force, etc.

LSAW pipes set to grow at a significant CAGR during the forecast period on account of it made from single-plate steel to which double-sided submerged arc welding is applied, and they can easily withstand low temperature and high pressure.

Product Overview in the Global Onshore Oil and Gas Pipeline Market

Based on the product, the global onshore oil and gas pipeline market segregated into crude oil, natural gas & NGL, and refined products. The natural gas & NGL held for the highest revenue share in 2019 due to the environmental benefits and quest for energy security, availability of abundant natural gas reserves, and the lower cost compared to other fossil fuel types, among others.

The refined products segment generated the most substantial revenue in 2019 due to the refined products are transported mainly through roadways or railways presently.

Regional Overview in the Global Onshore Oil and Gas Pipeline Market

By geography, the global onshore oil and gas pipeline market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America holds maximum revenue share in 2019 due to modifying its gas pipeline infrastructure to meet the growing demand, energy consumption in North America and the government’s plans to surge the proportion of natural gas in the energy consumption mix.

Global Onshore Oil and Gas Pipeline Market: Competitive Landscape

Companies such as Arcelor Mittal S.A., Bechtel Corp., BP Plc, General Electric Co., Essar Steel, Gulf Interstate Engineering Co., Tenaris S.A., Saipem Spa, TechnipFMC Plc, Vallourec S.A., Metalurgica Gerdau S.A., JSW Steel Limited, JFE Steel Corporation, Jiangsu Chang bao Steel Tube Co., Ltd., American Cast Iron Pipe Company, Jindal SAW Ltd, and EUROPIPE Group, are the key players in the global onshore oil and gas pipeline market.
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