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Increasing demand for natural gas is likely to encourage innovation in the manufacture of oil and gas pipelines and related structures, propelling the market during the forecast period.

The global oil and gas pipelines and related structures construction market is expected to grow from $234.55 billion in 2022 to $244.25 billion in 2023 at a compound annual growth rate (CAGR) of 4.1%. The global oil and gas pipeline and related structures construction market size is expected to reach $273.17 billion in 2027 at a CAGR of 2.8%.

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Global Oil And Gas Pipelines And Related Structures Construction Market Segments Include:

• By Type: Crude Oil Pipeline, Natural Gas Pipeline
• By Sector: Upstream, Midstream, Downstream
• By Application: Onshore, Offshore
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global oil and gas pipelines and related structures construction market in 2021.

Major Market Players in the oil and gas pipelines and related structures construction market include arsen & Toubro Limited, Sunland Construction Inc., Barnard Construction Inc., Bechtel Corporation, Ledcor Group, Gateway Pipeline LLC, Pumpco Inc.

Technological advancement and innovation are major themes that are gaining traction in the oil and gas pipeline and related structures construction market. Companies in the oil and gas pipeline and related structures construction sector are embracing new technology in order to maintain their market position. PGNiG, a Polish oil and gas business, for example, erected a technologically revolutionary gas pipeline on the Norwegian Continental Shelf in January 2022 using electrically heat-traced flowline technology (EHTF). This is the world’s longest pipeline installation, connecting remote fields to current production infrastructure at a minimal cost while simultaneously lowering the entire carbon footprint connected with their exploitation.

The Oil And Gas Pipeline And Related Structures Construction Global Market Report 2023  provides a oil and gas pipelines and related structures construction market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The oil and gas pipelines and related structures construction market forecast analyzes oil and gas pipelines and related structures construction market size, oil and gas pipelines and related structures construction market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The construction of oil and gas pipelines, mains, refineries, and storage facilities is referred to as oil and gas pipeline and related structures construction. It mostly consists of new pipeline development, refurbishment, repair, and rehabilitation.

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