Press Release

North America Oil & Gas Pipeline Market to Cross $15 Billion by 2022

Growing consumption and rising investments for exploration and production of oil & gas to propel North America oil & gas pipeline market through 2022

According to a recently published TechSci Research report, North America Oil & gas Pipeline Market By Application, By Type, Competition Forecast & Opportunities, 2012–2022, oil & gas pipeline market in North America is forecast to surpass $ 15 billion by 2022. United States dominated oil & gas pipeline market in North America and the country is anticipated to continue dominating the market through 2022. Major factor driving growth in United States oil & gas pipeline market is presence of massive oil & gas pipeline projects being announced in the country. Natural gas pipeline in the United States are own and operated by national and international pipeline companies. Entire natural gas pipeline network in the United States is integrated and all 48 states are well connected with natural gas pipeline. Cumulative pipeline length of Mexico is nearly 1% of total oil & gas cumulative pipeline length in the United States. Moreover, growth in the United States pipeline infrastructure is anticipated to expand further in the coming years, owing to growing requirement of supplying hydrocarbons to every part of the country.

Browse 6 market data Tables and 30 Figures spread through 74 Pages and an in-depth TOC on "North America Oil & Gas Pipeline Market, 2012-2022"

https://www.techsciresearch.com/report/north-america-oil-gas-pipeline-market-by-application-midstream-downstream-upstream-by-type-saw-seamless-erw-polyethylene-composites-competition-forecast-and-opportunities/1018.html

North America oil & gas pipeline market is projected to grow at a moderate pace during 2017-2022, on account of rising demand for oil & gas across the region. Moreover, rising infrastructural activities and growing governments initiatives in various regions are further anticipated to boost demand for oil & gas pipeline infrastructure in North America region through 2022. Furthermore, SAW and seamless pipes are used in oil & gas midstream activities to transport natural gas, LPG and other non-toxic gases from one place to another. Both the pipes are welded. Additionally, SAW and ERW pipes are projected to exhibit highest CAGRs in North America oil & gas pipeline market during 2017-2022.

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“New and planned pipeline projects would be majorly concentrated near shale reserves in North America, which in case of the US are the Marcellus and Utica Shales. Also, more than 80% of the pipelines constructed during 2015-2020 are expected to be natural gas pipelines. Thus, demand for oil & gas pipeline infrastructure is expected to increase in North America through 2022”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

North America Oil & gas Pipeline Market By Application, By Type, Competition Forecast & Opportunities, 2012–2022has evaluated the future growth potential of North America oil & gas pipeline market and provides statistics and information on market structure. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes emerging trends along with essential drivers, challenges and trends available in North America oil & gas pipeline market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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Relevant Reports

North America Oil & Gas Pipeline Market By Application (Midstream, Downstream, Upstream), By Type (SAW, Seamless, ERW, Polyethylene & Composites), Competition Forecast and Opportunities, 2012–2022

Oil and Gas | May, 2017

Growing consumption and rising investments for exploration and production of oil & gas to propel North America oil & gas pipeline market through 2022

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