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Analyzing the Growth Rate of the Gas Pipeline Infrastructure Market: What’s the Expected CAGR for the Next Decade?

The market size of the gas pipeline infrastructure has experienced consistent growth over recent years. The market value is forecasted to increase from $2756.98 billion in 2024 to $2863.22 billion in 2025, at a compound annual growth rate (CAGR) of 3.9%. This historical growth can be ascribed to several factors such as the industrial revolution and urban growth, an increase in energy demand, the discovery and extraction of resources, governmental policies and investments, modernization of infrastructure, and environmental regulations and concerns.

Expectations forecast a consistent growth in the gas pipeline infrastructure market in the upcoming years. A projection of $3367.13 billion by 2029 has been predicted, presenting a compound annual growth rate (CAGR) of 4.1%. Factors contributing to the growth during the forecast period include the integration of renewable energy, a shift towards the consumption of natural gas, modernization of infrastructure, an increase in global energy demand, and new international pipeline ventures. The forecast period will also exhibit important trends such as the transition towards renewable energy, the introduction of intelligent pipeline technologies, the growth of LNG trade, a focus on pipeline safety measures, and the changing geopolitics.

How Are Key Drivers in the Industry Acting as Catalysts for the Growth of the gas pipeline infrastructure Market?

The anticipated rise in oil and gas usage could serve as a catalyst for the expansion of the gas pipeline infrastructure market. The term “oil and gas” encompasses the external processes of drilling, production, gathering, refining, distributing, and transporting these resources. Increased consumption typically stimulates a heightened requirement for energy transport through pipelines, promoting the growth and improvement of gas pipeline infrastructure. This is done to fulfill the escalating need to move these resources from production regions to areas of consumption. For example, the Energy Information Administration, a US-based federal statistical system, noted in its April 2023 report that oil usage had risen by 5.3 million barrels per day (b/d) in 2021. Projections for global liquid fuel consumption are also on the rise, with a predicted increase of 1.4 million b/d in 2023 and 1.8 million b/d by 2024. Consequently, the growth of the gas pipeline infrastructure market is spearheaded by this surge in oil and gas consumption.

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Who Are the Key Market Players Influencing the Growth of the Gas Pipeline Infrastructure Industry?

Major companies operating in the gas pipeline infrastructure market include:

• Gazprom Neft PJSC_x000D_

• Snam SpA_x000D_

• MRC Global Corporation_x000D_

• National Oilwell Varco Inc._x000D_

• PT Pertamina Gas Negara Tbk_x000D_

What Key Market Trends Are Shaping the Future of the Gas Pipeline Infrastructure Industry?

Major firms in the gas pipeline infrastructure sector are forging strategic alliances to pool their assets and expertise, achieve cost savings, and enhance scale economies vital for expansive pipeline projects. Such collaborations help share the risks tied to pipeline projects, lessen the monetary strain on singular partners, and facilitate the procurement of funding for the infrastructure. For instance, in July 2022, DNV, a Norwegian company offering technical advice and support, entered into a partnership with Pipeline Infrastructure Limited (PIL), an Indian pipeline infrastructure firm, to incorporate hydrogen into PIL’s gas network assets in India. DNV is assisting PIL with technical advice and support for integrating blended hydrogen into its gas network assets. This partnership aligns with DNV’s devotedness to actualize the Paris Agreement objectives and aid clients in hastening their transition to a profoundly decarbonized energy system.

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Which Market Segments Are Driving Strategic Growth and Trends in the Gas Pipeline Infrastructure Market?

The gas pipeline infrastructure market covered in this report is segmented –

1) By Equipment: Pipeline, Valves, Compressor Station, Metering Skids

2) By Operation: Transmission, Distribution

3) By Application: On-Shore, Off-Shore

4) By End User: Commercial, Residential

Subsegments:

1) By Pipeline: Steel Pipelines, Polyethylene Pipelines, Coated Pipelines

2) By Valves: Ball Valves, Gate Valves, Check Valves

3) By Compressor Station: Reciprocating Compressors, Centrifugal Compressors, Screw Compressors

4) By Metering Skids: Gas Flow Metering Skids, Pressure Regulating Metering Skids

Which Regions Are Emerging as Leaders in the Gas Pipeline Infrastructure Market?

North America was the largest region in the gas pipeline infrastructure market in 2024. Asia-Pacific is expected to be the fastest-growing region in the gas pipeline infrastructure market report during the forecast period. The regions covered in the gas pipeline infrastructure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What Defines the Scope of the Gas Pipeline Infrastructure Market?

Gas pipeline infrastructure refers to the pipelines that collect, move, and distribute gas from producing wells to end-use consumers. It also includes transportation-related buildings, such as compressor and metering stations, pipelines, and gas processing facilities.

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