2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Major Innovations Are Driving the Accelerated Growth of the Gas Pipeline Infrastructure Market?

The anticipated rise in oil and gas usage is predicted to boost the growth of the gas pipeline infrastructure market. Oil and gas encompass the external extraction, manufacturing, collection, refinement, distribution, and transport of these resources. A surging oil and gas uptake typically results in a heightened necessity for energy transport through pipelines. As a consequence, this necessitates the growth and development of the gas pipeline infrastructure to satisfy the increasing need to transport these commodities from their extraction sites to the areas of consumption. For example, as per the report released by the Energy Information Administration, a statistical system based in the US, in April 2023, it reported an increase of 5.3 million barrels per day (b/d) in oil consumption in 2021. Moreover, an expected further uptick of 1.4 million b/d in worldwide liquid fuel consumption in 2023 is predicted, and 1.8 million b/d in 2024. Consequently, the rising consumption of oil and gas is propelling the expansion of the gas pipeline infrastructure market.

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How Will the Growth Rate of theGas Pipeline Infrastructure Market Impact Industry Trends by 2034?

The market size of the gas pipeline infrastructure has seen a consistent growth over the years. The market is projected to escalate from a size of $2756.98 billion in 2024 to $2863.22 billion in 2025, experiencing a compound annual growth rate (CAGR) of 3.9%. Several factors have contributed to this surge over the historic period. This includes the industrial revolution and urbanization, increasing demand for energy, discovery and extraction of resources, government policy measures and investments, the drive for modernizing infrastructure, and issues pertaining to the environment along with relevant regulations.

Anticipations suggest a constant rise in the market size of gas pipeline infrastructure in the upcoming years, predicted to reach an impressive $3367.13 billion by 2029, boasting a compound annual growth rate (CAGR) of 4.1%. This progressive trend in the forecast period can be credited to factors such as the integration of renewable energy, a shift in favor of natural gas usage, numerous infrastructure modernization schemes, an increase in global energy demand, and various international pipeline projects. Moreover, the forecast period is also expected to witness several prominent trends such as a transition to renewable energy, the emergence of smart pipeline technologies, the growth of LNG trade, an increased emphasis on pipeline safety, as well as changing geopolitical dynamics.

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What Are the Most Significant Market Trends Transforming theGas Pipeline Infrastructure Market?

Key players in the gas pipeline infrastructure market are establishing strategic alliances to pool their resources and expertise, in order to achieve cost reductions and enhance the economies of scale vital for large-scale pipeline projects. Such partnerships allow companies to distribute the risks linked to pipeline projects, lowering the financial load on individual members and simplifying the process of obtaining finance for infrastructure. For example, in July 2022, DNV, a company headquartered in Norway that provides technical guidance and support, joined forces with Pipeline Infrastructure Limited (PIL), a pipeline infrastructure company based in India, to infuse hydrogen into PIL’s gas network assets within India. DNV is extending technical guidance and support to PIL for the assimilation of blended hydrogen into its gas network assets. This cooperation is in alignment with DNV’s dedication towards the actualization of the objectives of the Paris Agreement and helping customers expedite their transition to an extensively decarbonized energy system.

What Are the Top Market Players Propelling the Growth of theGas Pipeline Infrastructure Industry?

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

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Which Primary Segments of the Gas Pipeline Infrastructure Market Are Driving Growth and Industry Transformations?

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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https://www.thebusinessresearchcompany.com/customise?id=9948&type=smpGlobal Gas Pipeline Infrastructure Market, Global Gas Pipeline Infrastructure Market Report, Global Gas Pipeline Infrastructure Market Trends, Global Gas Pipeline Infrastructure Market Size

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