Product Code: r5609
“Pipeline And Process Services Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on pipeline and process services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- Measure the impact of high global inflation on market growth.
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Where is the largest and fastest growing market for pipeline and process services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The pipeline and process services market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
- 1) By Operation: Pre-Commissioning And Commissioning; Maintenance; Decommissioning
- 2) By Asset Type: Pipeline; Process
- 3) By Raw Material: Plastic; Carbon Steel; Steel
- 4) By End-Users: Oil And Gas Industry; Chemical Industry; Water Treatment Industry; Construction And Manufacturing Industry; Other By End-Users
- Companies Mentioned: Halliburton; Baker Hughes Company; EnerMech Ltd.; IKM Gruppen AS; Altus Intervention
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the pipeline and process services market are: Halliburton, Baker Hughes Company, EnerMech Ltd., IKM Gruppen AS, Altus Intervention, Ideh Pouyan Energy Co, Trans Asia Pipeline Services, Techfem Spa , Enerpac Tool Group, STEP Energy Services, Chenergy Services Limited , CR Asia Group , Eunisell Limited, Alphaden Energy and Oilfield Limited, and Cypress Pipeline & Process Services.
The global pipeline and process services market is expected to grow from $3.60 billion in 2022 to $3.90 billion in 2023 at a compound annual growth rate (CAGR) of 8.43%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The pipeline and process services market is expected to reach $4.81 billion in 2027 at a CAGR of 5.36%.
The pipeline and process services market includes revenues earned by entities by flow remediation, nitrogen services, pipe freezing, bolting and tensioning and flange management, chemical cleaning, refinery and petrochemical facility management, FPS management, gas processing, and gas storage. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
Pipeline and process services are pre-commissioning, commissioning and maintainance services during which the installed pipeline goes through several procedures to ascertain its full functionality. The pipeline and process services are used to maintain the pipeline in good condition while it is in operation and involve several tasks performed on pipelines.
North America was the largest region in the pipeline and process services market in 2022. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of operations in pipeline and process services are pre-commissioning and commissioning, maintenance, and decommissioning. Pre-commissioning (PC) is a construction procedure that involves determining whether each system component can be functionally operated in order to determine whether the system is prepared for commissioning start-up. Pipeline commissioning or start-up is the process by which the pipeline is made 'live,' i.e., the product is added to the pipeline. Pre-commissioning and commissioning is used to ensure that all pipeline construction was efficient and complies with the required safety standards. The asset types are pipeline and process. The various raw materials used are plastic, carbon steel, and steel. The various end-users are oil and gas industry, chemical industry, water treatment industry, construction and manufacturing industry, and others.
The increasing demand for oil and natural gas is expected to propel the pipeline and process services market growth. Oil and natural gas are energy resources derived from fossil fuels formed from the underground decomposition of prehistoric organisms for several to tens of millions of years. The pipeline and processes services are essential for the upkeep of pipes during the life cycle of an oil and gas pipeline so that transportation of the essential fuels can continue without any hindrance. For instance, according to India Brand Equity Foundation (IBEF), an India-based government export promotion agency, in India, the oil demand is expected to register double growth to reach 11 million barrels per day by 2045. Therefore, the increasing demand for oil and natural gas is driving the pipeline and process services market growth.
Technological advancement is a key trend in the pipeline and process services market. Major companies operating in the market are developing innovative technologies such as, artificial intelligence, fast digital imaging, in-line robot inspections, magnetic flux leakage (MFL), and ultrasonic testing (UT) to sustain their position in the market. For instance, in September 2022, The Dacon Pipeline Services, a Thailand-based company that offers inspection of plastics and concrete material pipelines, launched 3" multi-channel ultrasonic pipeline inspection tool. The device goes through a pipeline while continuously taking measurements at very brief intervals to gather information and turn it into a high-resolution picture of the pipeline. The software then processes the pipeline data to create a readable and precise representation of the pipeline.
In August 2022, Pipeline Technique, a UK-based business specialising in welding, coating, and technological engineering for onshore and offshore infrastructure, acquired Stanley's oil and gas division for an undisclosed amount. Through this acquisition, Pipeline Technique sought to establish itself as a leader in welding, coating, and technical engineering as well as to grow its clientele in Brazil. Stanley oil and gas is a US-based that provides pipeline services and equipment.
The countries covered in the pipeline & process Services market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The pipeline and process services market research report is one of a series of new reports from The Business Research Company that provides pipeline and process services market statistics, including pipeline and process services industry global market size, regional shares, competitors with an pipeline and process services market share, detailed pipeline and process services market segments, market trends and opportunities, and any further data you may need to thrive in the pipeline and process services industry. This pipeline and process services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Pipeline And Process Services Market Characteristics
3. Pipeline And Process Services Market Trends And Strategies
4. Pipeline And Process Services Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Pipeline And Process Services Market
- 4.2. Ukraine-Russia War Impact On Pipeline And Process Services Market
- 4.3. Impact Of High Inflation On Pipeline And Process Services Market
5. Pipeline And Process Services Market Size And Growth
- 5.1. Global Pipeline And Process Services Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Pipeline And Process Services Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Pipeline And Process Services Market Segmentation
- 6.1. Global Pipeline And Process Services Market, Segmentation By Operation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Pre-Commissioning And Commissioning
- Maintenance
- Decommissioning
- 6.2. Global Pipeline And Process Services Market, Segmentation By Asset Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Pipeline
- Process
- 6.3. Global Pipeline And Process Services Market, Segmentation By Raw Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Plastic
- Carbon Steel
- Steel
- 6.4. Global Pipeline And Process Services Market, Segmentation By End-Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Oil And Gas Industry
- Chemical Industry
- Water Treatment Industry
- Construction And Manufacturing Industry
- Other End-Users
7. Pipeline And Process Services Market Regional And Country Analysis
- 7.1. Global Pipeline And Process Services Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Pipeline And Process Services Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Pipeline And Process Services Market
- 8.1. Asia-Pacific Pipeline And Process Services Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Pipeline And Process Services Market, Segmentation By Operation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Pipeline And Process Services Market, Segmentation By End-Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Pipeline And Process Services Market
- 9.1. China Pipeline And Process Services Market Overview
- 9.2. China Pipeline And Process Services Market, Segmentation By Operation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Pipeline And Process Services Market, Segmentation By End-Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Pipeline And Process Services Market
- 10.1. India Pipeline And Process Services Market, Segmentation By Operation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Pipeline And Process Services Market, Segmentation By End-Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Pipeline And Process Services Market
- 11.1. Japan Pipeline And Process Services Market, Segmentation By Operation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Pipeline And Process Services Market, Segmentation By End-Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Pipeline And Process Services Market
- 12.1. Australia Pipeline And Process Services Market, Segmentation By Operation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Pipeline And Process Services Market, Segmentation By End-Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Pipeline And Process Services Market
- 13.1. Indonesia Pipeline And Process Services Market, Segmentation By Operation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Pipeline And Process Services Market, Segmentation By End-Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Pipeline And Process Services Market
- 14.1. South Korea Pipeline And Process Services Market, Segmentation By Operation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Pipeline And Process Services Market, Segmentation By End-Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Pipeline And Process Services Market
- 15.1. Western Europe Pipeline And Process Services Market Overview
- 15.2. Western Europe Pipeline And Process Services Market, Segmentation By Operation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Pipeline And Process Services Market, Segmentation By End-Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Pipeline And Process Services Market
- 16.1. UK Pipeline And Process Services Market, Segmentation By Operation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Pipeline And Process Services Market, Segmentation By End-Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Pipeline And Process Services Market
- 17.1. Germany Pipeline And Process Services Market, Segmentation By Operation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Pipeline And Process Services Market, Segmentation By End-Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Pipeline And Process Services Market
- 18.1. France Pipeline And Process Services Market, Segmentation By Operation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Pipeline And Process Services Market, Segmentation By End-Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Pipeline And Process Services Market
- 19.1. Eastern Europe Pipeline And Process Services Market Overview
- 19.2. Eastern Europe Pipeline And Process Services Market, Segmentation By Operation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Pipeline And Process Services Market, Segmentation By End-Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Pipeline And Process Services Market
- 20.1. Russia Pipeline And Process Services Market, Segmentation By Operation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Pipeline And Process Services Market, Segmentation By End-Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Pipeline And Process Services Market
- 21.1. North America Pipeline And Process Services Market Overview
- 21.2. North America Pipeline And Process Services Market, Segmentation By Operation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Pipeline And Process Services Market, Segmentation By End-Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Pipeline And Process Services Market
- 22.1. USA Pipeline And Process Services Market Overview
- 22.2. USA Pipeline And Process Services Market, Segmentation By Operation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Pipeline And Process Services Market, Segmentation By End-Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Pipeline And Process Services Market
- 23.1. South America Pipeline And Process Services Market Overview
- 23.2. South America Pipeline And Process Services Market, Segmentation By Operation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Pipeline And Process Services Market, Segmentation By End-Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Pipeline And Process Services Market
- 24.1. Brazil Pipeline And Process Services Market, Segmentation By Operation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Pipeline And Process Services Market, Segmentation By End-Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Pipeline And Process Services Market
- 25.1. Middle East Pipeline And Process Services Market Overview
- 25.2. Middle East Pipeline And Process Services Market, Segmentation By Operation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Pipeline And Process Services Market, Segmentation By End-Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Pipeline And Process Services Market
- 26.1. Africa Pipeline And Process Services Market Overview
- 26.2. Africa Pipeline And Process Services Market, Segmentation By Operation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Pipeline And Process Services Market, Segmentation By End-Users, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Pipeline And Process Services Market Competitive Landscape And Company Profiles
- 27.1. Pipeline And Process Services Market Competitive Landscape
- 27.2. Pipeline And Process Services Market Company Profiles
- 27.2.1. Halliburton
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Baker Hughes Company
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. EnerMech Ltd.
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. IKM Gruppen AS
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Altus Intervention
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Pipeline And Process Services Market
29. Pipeline And Process Services Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer