Onshore Pipeline Construction Demand- Global expenditure expected to reach $216b over nxt 5 yrs
World Onshore Pipelines Market Forecast 2013-2017
(MENAFN Press) Over the past decade, continual increase in energy demand coupled with strong development in the production of unconventionals and LNG has set solid grounds for growth in the onshore pipeline sector. The next five years will see the realisation of a considerable number of ambitious inter-regional projects.
According to 'World Onshore Pipelines Market Forecast 2013-2017' by MarketInfoResearch.com, Global expenditure is expected to reach 216 billion over the next five years, increasing by 12% compared to the previous five year period with over 270 thousand kilometres of pipelines expected to be installed. Major investment will be in pipe construction services (47%) and line pipe (27%).
Increasing gasification is shaping the long term demand profile for pipes. With an anticipated 35% increase in global energy demand over the next twenty years, the role of natural gas is expected to account for 26% of total energy consumption by 2030. This growing demand is also driving an increase in larger diameter pipelines.
Investment in new infrastructure to support LNG and unconventional gas developments will be a major factor shaping future demand for pipelines. Outside the major oil province of the Middle East, gas-related lines accounted for 67% of km installed over the past five years with this figure expected to increase over the 2013-2017 period.
Increased investment in shale gas and oil will drive additional requirements for midstream line pipes in the US and surging Asian energy demand is changing traditional supply flows. Asia will overtake North America as the largest market for onshore pipelines as the region looks to increase imports of oil and gas from neighbouring regions. Rapid demand growth in Asia is also providing new markets for Russian oil & gas and with traditional importers in the west expected to curb their energy demand, major new interregional projects may be realised during the forecast period, such as the pipeline planned to connect Russia to South Korea.
About World Onshore Pipeline Market Forecast:
The World Onshore Pipelines Market Forecast 2013-2017, considers the prospects for the onshore pipelines construction business and values the future markets through to 2017 by key component, region, pipeline type and diameter.
This Forecast is essential for equipment manufacturers, onshore construction companies, steel mills, pipeline operators, oilfield service companies, government agencies, financial institutions and oil & gas companies who need quality, up-to-date information and commercial insight to assist with their strategy in the pipeline sector.
Our forecasts of activity in the onshore pipelines sector over the period 2013-2017 are driven by thorough scrutiny of identified fields/prospects within the Douglas-Westwood oil and gas database.
Consistent with Douglas-Westwood's commitment to delivering value for our clients, all our market publications have a concise layout comprising industry background and supporting materials, condensed to enable quick review with 'speed-read' summaries of key points throughout.
Industry consultation “ discussions with a wide range of companies including: operators, EPC contractors, equipment manufacturers, engineering consultancies and private equity firms.
Unique and proprietary data “ detailed by project in our in-house databases. Updated year-round from published sources and insight gained from industry consultation.
Methodology “ our forecast is drawn from our in-house databases, which enables the forecasts to be established on a project-by-project basis; taking into account factors such as progress to date, project size, location and any other complications.
Market forecasts “ by region, product (gas & liquid), diameter and key components (line pipe, right-of-way, fittings, pumping & compression stations and construction).
The Report covers all key commercial themes relevant to players across the value chain in the onshore pipeline sector:
Regional forecasts “ Capex within each region, including examples of notable projects and operators within the region and countries with most activity.
Key drivers “ discussion of factors encouraging onshore pipeline market growth including the energy needed for industrialisation in emerging economies, increase in population and GDP per capita, the surge in transportation demand and the move towards gas for power generation.
Supply chain “ detailing key contractors regionally within FEED; line pipe; flow assurance, fittings & components; welding, operations & maintenance.
Key projects “ for each region, detailing the developers, countries involved, product, length, diameter and capacity.
Cost breakdowns “ individual market forecast for line pipe, right-of-way, fittings, pumping & compression stations and construction.
Technical review “ of the project process from pre-FEED, FEED through to engineering, procurement & construction (EPC) and operations & maintenance.
To know more about this report or to buy a copy:
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