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What fueled the previous growth in the gas pipeline infrastructure market?

The market size for gas pipeline infrastructure has been experiencing stable expansion over the past few years. The market, which stands at $2756.98 billion in 2024, is expected to increase to $2863.22 billion in 2025, representing a compound annual growth rate (CAGR) of 3.9%. Factors such as the industrial revolution and urbanization, growing demand for energy, resource exploration and extraction, government policies and funding, modernization of infrastructure, and environmental regulations and concerns have contributed to its historic growth.

What will be the gas pipeline infrastructure market size in the future?

The market size of the gas pipeline infrastructure is anticipated for a consistent growth in the coming years, expected to reach $3367.13 billion by 2029 with a compound annual growth rate (CAGR) of 4.1%. This projected growth during the forecast period can be linked to factors such as renewable energy incorporation, transition towards natural gas utilization, modernizing infrastructure schemes, a rise in worldwide energy demand, and international pipeline initiatives. Key trends predicted for the forecast period include a shift towards renewable energy, innovative pipeline technologies, boost in LNG trade, emphasis on pipeline safety, and changing geopolitical dynamics.

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What main drivers are fueling expansion in the gas pipeline infrastructure market?

The growth of the gas pipeline infrastructure market is predicted to be boosted by a rise in oil and gas usage. External drilling, production, processing, refinement, distribution, and transportation are all part of what’s meant by oil and gas. More usage of oil and gas generally results in greater necessity for energy transportation through pipelines. This necessitates the expansion and development of gas pipeline infrastructure to cater to the intensifying need for transference of these resources from sites of production to areas of usage. For example, in April 2023, the Energy Information Administration, a statistical system based in the United States, reported that oil usage increased by 5.3 million barrels per day (b/d) in 2021. It’s also predicted to grow by 1.4 million b/d in worldwide liquid fuel usage in 2023, and 1.8 million b/d in 2024. As a result, the rise in oil and gas usage is catalyzing the growth of the gas pipeline infrastructure market.

What key areas define the segmentation of the global 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

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Who are the dominant players expanding their reach in the gas pipeline infrastructure market?

Major companies operating in the gas pipeline infrastructure market include Gazprom Neft PJSC, Snam SpA, MRC Global Corporation, National Oilwell Varco Inc., PT Pertamina Gas Negara Tbk, TechnipFMC plc, Kinder Morgan Inc., Saipem SpA, Enbridge Inc., Europipe GmbH, Australian Pipeline Limited, Alliance Pipeline Ltd., DCP Midstream Partners LP, Redexis Gas SA, ChelPipe Group, TC Energy Corporation, Tenaris Inc., Trubnaya Metallurgicheskaya Kompaniya Group, Mott Macdonald Group Ltd., Nippon Steel Corporation, TotalEnergies SE, Chevron Corporation, British Petroleum plc, Bharat Petroleum Corp. Ltd., McDermott International Inc., Pembina Pipeline Corporation

How are evolving market trends shaping gas pipeline infrastructure Strategies?

Leading corporations in the gas pipeline infrastructure market are establishing strategic alliances to merge their resources and expertise, realizing cost savings and enhancing scale economies, which are essential for extensive pipeline projects. These alliances let companies divide the risks of pipeline projects, lessen the economic strain on individual collaborators and simplify the process of securing funding for the infrastructure. For example, in July 2022, DNV, a technical advisory and support company based in Norway collaborated with Pipeline Infrastructure Limited (PIL), an Indian pipeline infrastructure company, to incorporate hydrogen into PIL’s gas network assets in India. DNV provides PIL with technical advice and support for integrating blended hydrogen into its gas network assets. This cooperation is part of DNV’s dedication to achieving the objectives of the Paris Agreement and assisting customers in accelerating their transition towards a comprehensively decarbonized energy system.

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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

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