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Insights Into The Refined Petroleum Products Pipeline Transport Market’s Growth Opportunities Through 2023-2032 – Includes Refined Petroleum Products Pipeline Transport Market Analysis

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

The rising demand for oil and gas is likely to stimulate innovation in the manufacturing of refined petroleum products pipeline transport, propelling the market throughout the forecast period.

 

The global refined petroleum products pipeline transport market is expected to grow from $49.07 billion in 2022 to $52.47 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The global refined petroleum products pipeline transport market size is expected to reach $66.65 billion in 2027 at a CAGR of 6.2%.

 

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Global Refined Petroleum Products Pipeline Transport Market Segments Include:

  • By Product Type: Diesel, Gasoline, Fuel Oils, Kerosine
  • By Services: Consulting Service, Managed Service, Maintenance and Support
  • By Applications: 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 refined petroleum products pipeline transport market in 2021.

 

Major Market Players in the refined petroleum products pipeline transport market include General Buckeye Partners, Shell Pipeline, NuStar Energy L.P., Dte Pipeline, Gulf South Pipeline, Rockwell Automation Inc, Schneider Electric, ESRI, ABB Ltd, FMC Technologies.

 

Technological progress is a crucial trend that is gaining traction in the refined petroleum products pipeline transport market. Major participants in the refined petroleum products pipeline transport market are focusing their efforts on developing innovative technologies in order to increase their market position. For example, ABB, a Swiss automation business, will deploy HoverGuard, the world’s quickest and most sensitive drone-based gas leak detection system, in April 2021. It quickly identifies, measures, and maps leaks up to 100 metres in length from gathering lines, storage facilities, natural gas distribution and transmission pipes, and other potential sources. Following a survey, it generates extensive digital reports that summarise the results and can be shared. The cloud-connected, multi-gas solution is also the first UAV-based system to continuously measure methane, carbon dioxide, and water vapour while flying. In detecting methane, patented cavity-enhanced laser absorption spectroscopy is 10 times faster and more sensitive than existing leak detection methods.

 

The Refined Petroleum Products Pipeline Transport Global Market Report 2023  provides a refined petroleum products pipeline transport market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The refined petroleum products pipeline transport market forecast analyzes refined petroleum products pipeline transport market size, refined petroleum products pipeline transport 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.

 

Petroleum refinery products Pipeline transport is the transportation of refined petroleum products such as petrol and diesel via a network of pipelines. It entails the use of a pipeline network to transfer products from refineries to distribution centres, and then to end users such as retail petrol stations and industrial users.

 

Explore Similar Reports From The Business Research Company:

Pipeline Transport Global Market Report 2023

Refined Petroleum Products Global Market Report 2023

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