Oil & Gas Pipelines Market to be Worth $55.01BN in 2014, According to a New Study on ASDReports
new pipelines length added to reach 10,812KM
Monday 26 May 2014, Amsterdam
A new report analysis, now available on ASDReports, indicates that the global oil and gas pipelines market will worth $55.01bn in 2014, while the new pipelines length to be added during that year will be 10,812km.
Pipelines are the most efficient and economic means of transporting oil and gas from where it is extracted to where it will be processed and consumed. Pipelines are increasingly being used to transport oil and gas as it combines efficiency and safety. Increasing demand for energy in regions where production is limited necessitates the need for safe and economic transportation from producers to consumers through pipelines. This supports the growth of the pipelines market, particularly in the Asia Pacific and Africa regions.
The lead analyst of Oil & Gas Pipelines Market Report 2014-2024: Existing Infrastructure, Capex & Length Forecasts, Contract Analysis & Leading Company Profiles report commented that, “The outlook for oil and gas pipelines for the next five years is positive. Spending will increase in both oil and gas for this period while the market will experience stability during the latter years of the ten year forecast. The new pipelines length will mostly be added in the Asia Pacific region due to increasing spending and smaller development costs per kilometre. Africa will experience strong growth in the longer term.”
Oil prices, energy demand and emerging market growth are key factors in determining the future of oil and gas pipelines. The higher the oil prices the larger the incentive for new pipeline developments. Even though the oil price is inevitably uncertain, thus making long term investments less appealing, forecasts predict rising prices over the next 30 years. The largest part of energy demand growth over the next ten years will come from the emerging markets, boosting the need for hydrocarbon sources in these regions.
The 292 page report contains 243 tables, charts and graphs that add visual analysis in order to explain developing trends within the oil and gas pipelines market. The new report provides global and regional forecast for capital expenditure (US$), total pipelines length, and new pipelines length additions for both the oil and gas pipelines submarkets for the period 2014-2024. The report includes:
Global forecasts for oil and gas pipelines capital expenditures for 2014-2024
Global forecasts for oil and gas pipelines total lengths and new length additions for 2014-2014
Regional forecasts for oil and gas pipelines, including capital expenditures, total length and new length additions for 2014-2024
Profiles and market shares of the leading companies in the market, along with details of companies involved in the pipelines supply chain
Report analysts also interviewed GASCADE, a German leading pipelines operator, to provide expert insight alongside analysis.
Oil & Gas Pipelines Market Report 2014-2024: Existing Infrastructure, Capex & Length Forecasts, Contract Analysis & Leading Company Profiles will be of value to pipeline operators, companies involved in any aspect of the supply chain of the pipelines market (subcontractors, metals and pipeline distributors, services, energy manufacturing, logistics etc.), investors in the midstream of the oil and gas sector, and anyone who would be interested in a deeper understanding of future pipelines developments that will affect energy demand/supply/price dynamics.
Oil & Gas Pipelines Market Report 2014-2024
Publish date : May 2014
Report code : ASDR-111084
Pages : 292