Pipeline & Process Service Market: Trends, Forecast and Competitive Analysis

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The future of the global pipeline & process service market looks promising with opportunities in the power generation, chemicals & refined products, water & waste water, and oil & gas industries. The global pipeline & process services market is expected to grow with a CAGR of 3%-5% from 2020 to 2025. The major drivers for this market are growing natural gas consumption and high investments lined up for pipeline business procedures.

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In this market, pipeline is the largest asset type of pipeline & process service, whereas oil & gas is the largest end use. Growth in various segments of the pipeline & process service market are given below:

The study includes trends and forecast for the global pipeline & process service market by asset type, operation, end use, and region as follows:

By Asset Type [Value ($ Million) shipment analysis for 2014 – 2025]:

Pipeline
Transmission
Distribution
Process
FPS (Forties Pipeline System)
Refinery & Petrochemical
Gas Storage & Processing

By Operation [Value ($ Million) shipment analysis for 2014 – 2025]:

Pre-Commissioning & Commissioning
Maintenance
Decommissioning

By End Use [Value ($ Million) shipment analysis for 2014 – 2025]:

Power Generation
Chemicals & Refined Products
Water & Waste Water
Oil & Gas
Others

By Region [Value ($ Million) shipment analysis for 2014 – 2025]:

North America
United States
Canada
Mexico
Europe
United Kingdom
Spain
Germany
France
Asia Pacific
China
India
Japan
The Rest of the World
Brazil

Some of the pipeline & process service companies profiled in this report include Halliburton, BHGE, EnerMech, IKM, Hydratight, Altus Intervention, Bluefin, Tucker Energy, IPEC, Trans Asia Pipelines, and Chenergy.

Lucintel forecasts that pipeline will remain the largest segment over the forecast period as during the forecast period, a massive spread of around 250,000 km of pipeline are estimated to be added globally.

Within this market, oil & gas will remain the largest segment by end use over the forecast period due to the requirement of transmission of crude oil and natural gas over long distances across states, countries, and continents.

North America will remain the largest region and it is also expected to witness the highest growth over the forecast period due to the growing demand for energy produced in North America, increasing exploration and production toward harsh environments, and growing recent discovery of certain new extraction techniques.

Features of the Global Pipeline & Process Service Market

Market Size Estimates: Global pipeline & process service market size estimation in terms of value ($M) shipment.
Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments.
Segmentation Analysis: Global pipeline & process service market size by various segments, such as asset type, operation, and end use in terms of value.
Regional Analysis: Global pipeline & process service market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different asset type, operation, end use, and region for the global pipeline & process service market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global pipeline & process service market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following key questions

Q.1 What are some of the most promising potential, high-growth opportunities for the global pipeline & process service market by asset type (pipeline [transmission, and distribution], process [FPS(forties pipeline system), refinery & petrochemical, and gas storage & processing]), operation (pre-commissioning & commissioning, maintenance, and decommissioning), end use (power generation, chemicals & refined products, water & waste water, oil & gas, and others), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global pipeline & process service market?
Q.5 What are the business risks and threats to the global pipeline & process service market?
Q.6 What are the emerging trends in this pipeline & process service market and the reasons behind them?
Q.7 What are some changing demands of customers in this pipeline & process service market?
Q.8 What are the new developments in this pipeline & process service market? Which companies are leading these developments?
Q.9 Who are the major players in this pipeline & process service market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this pipeline & process service market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the global pipeline & process service market?

Report Scope

Key Features	Description
Base Year for Estimation	2019
Trend Period (Actual Estimates)	2014-2019
Forecast Period	2020-2025
Pages	More than 150
Market Representation / Units	Revenue in US $ Million
Report Coverage	Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling
Market Segments	Asset Type (Pipeline [Transmission and Distributio], Process [FPS(Forties Pipeline System), Refinery & Petrochemical, and Gas Storage & Processing]), Operation (Pre-Commissioning & Commissioning, Maintenance, and Decommissioning), and End Use (Power Generation, Chemicals and Refined Products, Water and Waste Water, Oil & Gas, and Others)
Regional Scope	North America (USA, Mexico, and Canada), Europe (United Kingdom, Spain, Germany, and France), Asia (China, India, and Japan), and ROW (Brazil)
Customization	10% Customization without Any Additional Cost

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Table of Contents

1. Executive Summary

2. Market Background and Classifications

2.1: Introduction, Background, and Classifications

2.2: Supply Chain

2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2014 to 2025

3.1: Macroeconomic Trends and Forecast

3.2: Global Pipeline & Process Service Market Trends and Forecast

3.3: Global Pipeline & Process Service Market by Asset Type

3.3.1: Pipeline

3.3.1.1: Transmission

3.3.1.2: Distribution

3.3.2: Process

3.3.2.1: FPS(Forties Pipeline System)

3.3.2.2: Refinery & Petrochemical

3.3.2.3: Gas Storage & Processing

3.4: Global Pipeline & Process Service Market by Operation

3.4.1: Pre-Commissioning & Commissioning

3.4.2: Maintenance

3.4.3: Decommissioning

3.5: Global Pipeline & Process Service Market by End Use

3.5.1: Power Generation

3.5.2: Chemicals & Refined Products

3.5.3: Water & Waste Water

3.5.4: Oil & Gas

3.5.5: Others

4. Market Trends and Forecast Analysis by Region

4.1: Global Pipeline & Process Service Market by Region

4.2: North American Pipeline & Process Service Market

4.2.1: Market by Asset Type: Pipeline and Process

4.2.2: Market by Operation: Pre-Commissioning & Commissioning, Maintenance, and Decommissioning

4.2.3: Market by End Use: Power Generation, Chemicals and Refined Products, Water and Waste Water, Oil & Gas, and Others

4.2.4: The United States Pipeline & Process Service Market

4.2.5: The Canadian Pipeline & Process Service Market

4.2.6: The Mexican Pipeline & Process Service Market

4.3: European Pipeline & Process Service Market

4.3.1: Market by Asset Type: Pipeline and Process

4.3.2: Market by Operation: Pre-Commissioning & Commissioning, Maintenance, and Decommissioning

4.3.3: Market by End Use: Power Generation, Chemicals and Refined Products, Water and Waste Water, Oil & Gas, and Others

4.3.4: The United Kingdom Pipeline & Process Service Market

4.3.5: The Spanish Pipeline & Process Service Market

4.3.6: The German Pipeline & Process Service Market

4.3.7: The French Pipeline & Process Service Market

4.4: APAC Pipeline & Process Service Market

4.4.1: Market by Asset Type: Pipeline and Process

4.4.2: Market by Operation: Pre-Commissioning & Commissioning, Maintenance, and Decommissioning

4.4.3: Market by End Use: Power Generation, Chemicals and Refined Products, Water and Waste Water, Oil & Gas, and Others

4.4.4: The Chinese Pipeline & Process Service Market

4.4.5: The Indian Pipeline & Process Service Market

4.4.6: The Japanese Pipeline & Process Service Market

4.5: ROW Pipeline & Process Service Market

4.5.1: Market by Asset Type: Pipeline and Process

4.5.2: Market by Operation: Pre-Commissioning & Commissioning, Maintenance, and Decommissioning

4.5.3: Market by End Use: Power Generation, Chemicals and Refined Products, Water and Waste Water, Oil & Gas, and Others

4.5.4: Brazilian Pipeline & Process Service Market

5. Competitor Analysis

5.1: Market Share Analysis

5.2: Product Portfolio Analysis

5.3: Operational Integration

5.4: Geographical Reach

5.5: Porter’s Five Forces Analysis

6. Cost Structure Analysis

6.1: Cost of Goods Sold

6.2: SG&A

6.3: EBITDA Margin

7. Growth Opportunities and Strategic Analysis

7.1: Growth Opportunity Analysis

7.1.1: Growth Opportunities for the Global Pipeline & Process Service Market by Asset Type

7.1.2: Growth Opportunities for the Global Pipeline & Process Service Market by Operation

7.1.3: Growth Opportunities for the Global Pipeline & Process Service Market by End Use

7.1.4: Growth Opportunities for the Global Pipeline & Process Service Market by Region

7.2: Emerging Trends in the Global Pipeline & Process Service Market

7.3: Strategic Analysis

7.3.1: New Product Development

7.3.2: Capacity Expansion of the Global Pipeline & Process Service Market

7.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Pipeline & Process Service Market

7.3.4: Certification and Licensing

8. Company Profiles of Leading Players

8.1: Halliburton

8.2: BHGE

8.3: EnerMech

8.4: IKM

8.5: Hydratight

8.6: Altus Intervention

8.7: Bluefin

8.8: Tucker Energy

8.9: IPEC

8.10: Trans Asia Pipelines

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:

In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.

Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.

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