Gathering Pipeline Market Size, Share, Trends and Forecast 2030, by Types (Onshore Gathering Pipeline, Offshore Gathering Pipeline) by Applications (Oil Gathering, Gas Gathering)

Report ID :
1815

Publisher ID :
theinsightbridge

Published :
2023-05-26

Pages :
150

Purchase Option
$4500

Gathering Pipeline Market Introduction 

Gathering pipelines are a crucial component of the oil and gas industry, used to transport crude oil and natural gas from production sites to processing facilities. These pipelines are designed to gather and transport raw materials from various wellheads to processing facilities, where they are refined and processed into usable products.Gathering pipelines are typically made of steel or plastic and can range in size from a few inches to several feet in diameter. They can be laid above ground, buried underground, or run offshore to transport crude oil and natural gas over long distances.The gathering pipeline market is driven by the increasing demand for oil and gas, particularly in emerging economies, and the growing investments in the exploration and production of oil and gas reserves. Additionally, advancements in pipeline technology and the development of innovative materials are also driving the growth of the market.The market is expected to witness significant growth in the coming years, driven by the increasing demand for natural gas, the growing focus on pipeline safety and efficiency, and the expanding network of pipelines across various regions. However, the market is also facing challenges such as regulatory compliance and environmental concerns, which are expected to affect the growth of the market.

Gathering Pipeline Market  Size

According to market research reports, the global gathering pipeline market was valued at USD 4.23 billion in 2020 and is expected to reach USD 5.62 billion by 2027, growing at a CAGR of 4.0% from 2021 to 2027. The market is driven by the increasing demand for oil and gas, particularly in emerging economies, and the growing investments in the exploration and production of oil and gas reserves. Additionally, advancements in pipeline technology and the development of innovative materials are also driving the growth of the market.The onshore segment dominates the gathering pipeline market, accounting for the largest share in 2020. The offshore segment is expected to witness significant growth during the forecast period, driven by the increasing exploration and production activities in deepwater and ultra-deepwater regions. The crude oil segment dominates the market, accounting for the largest share in 2020, while the natural gas segment is expected to witness significant growth during the forecast period.North America is the largest market for gathering pipelines, followed by the Asia Pacific and Europe. The market in North America is driven by the growing shale gas production and the increasing investments in the oil and gas sector. The Asia Pacific is expected to witness significant growth during the forecast period, driven by the growing demand for natural gas and the increasing investments in the exploration and production of oil and gas reserves in countries such as China and India.Overall, the gathering pipeline market is expected to witness steady growth during the forecast period, driven by the increasing demand for oil and gas, advancements in pipeline technology, and the expanding network of pipelines across various regions.

Gathering Pipeline Market  Share

The gathering pipeline market is highly competitive and fragmented, with several key players operating in the market. Some of the prominent players in the market include:

  1. Kinder Morgan Inc.
  2. Plains All American Pipeline LP
  3. Enbridge Inc.
  4. Williams Companies Inc.
  5. Targa Resources Corp.
  6. MPLX LP
  7. Energy Transfer LP
  8. Buckeye Partners LP
  9. Crestwood Equity Partners LP
  10. Enable Midstream Partners LP

According to market research reports, the top three players in the global gathering pipeline market accounted for a significant share of the market in 2020. Kinder Morgan Inc. held the largest share, followed by Plains All American Pipeline LP and Enbridge Inc.The market share of these players is driven by their extensive network of pipelines, strong financial position, and focus on expanding their business through strategic partnerships, acquisitions, and collaborations. They are also investing in research and development activities to develop innovative solutions and technologies to enhance pipeline safety and efficiency.Additionally, regional players also hold a significant share in the market, particularly in emerging economies where the demand for oil and gas is rapidly growing. Overall, the gathering pipeline market is highly competitive, and the market share of players is expected to be influenced by factors such as regulatory compliance, environmental concerns, and technological advancements.

Gathering Pipeline Market  Trends

The gathering pipeline market is witnessing several trends that are expected to shape the market during the forecast period. Some of the key trends in the market include:

  1. Increasing demand for natural gas: The demand for natural gas is increasing rapidly, driven by the shift towards cleaner sources of energy and the growing demand for natural gas in various industries such as power generation, transportation, and manufacturing. This trend is expected to drive the growth of the natural gas segment in the gathering pipeline market.
  2. Advancements in pipeline technology: The development of innovative pipeline technologies such as smart pipelines, digital twin technology, and leak detection systems is expected to enhance pipeline safety and efficiency. These technologies are also expected to reduce the environmental impact of pipeline operations, thereby driving the growth of the market.
  3. Expansion of pipeline networks: The expansion of pipeline networks across various regions is expected to drive the growth of the gathering pipeline market. Governments and industry players are investing in the development of new pipelines to transport oil and gas from production sites to processing facilities, thereby reducing the transportation costs and improving the efficiency of the supply chain.
  4. Focus on pipeline safety and efficiency: Pipeline safety and efficiency have become a major concern for the oil and gas industry. Industry players are investing in the development of new technologies and solutions to enhance pipeline safety, reduce the risk of leaks and spills, and improve the efficiency of pipeline operations. This trend is expected to drive the growth of the market.
  5. Increasing regulatory compliance: The gathering pipeline market is highly regulated, and industry players need to comply with various safety and environmental regulations. Governments are also implementing stricter regulations to ensure the safety and environmental sustainability of pipeline operations. This trend is expected to influence the growth of the market by driving the adoption of new technologies and solutions to enhance pipeline safety and reduce the environmental impact of pipeline operations.

Gathering Pipeline Market Driving factors

The gathering pipeline market is driven by several factors that are expected to shape the market during the forecast period. Some of the key driving factors in the market include:

  1. Increasing demand for oil and gas: The demand for oil and gas is increasing rapidly, driven by the growing population, urbanization, and industrialization. This trend is expected to drive the growth of the gathering pipeline market as industry players are investing in the development of new pipelines to transport oil and gas from production sites to processing facilities.
  2. Technological advancements: The development of innovative pipeline technologies such as smart pipelines, digital twin technology, and leak detection systems is expected to enhance pipeline safety and efficiency. These technologies are also expected to reduce the environmental impact of pipeline operations, thereby driving the growth of the market.
  3. Expansion of pipeline networks: The expansion of pipeline networks across various regions is expected to drive the growth of the gathering pipeline market. Governments and industry players are investing in the development of new pipelines to transport oil and gas from production sites to processing facilities, thereby reducing the transportation costs and improving the efficiency of the supply chain.
  4. Focus on pipeline safety and efficiency: Pipeline safety and efficiency have become a major concern for the oil and gas industry. Industry players are investing in the development of new technologies and solutions to enhance pipeline safety, reduce the risk of leaks and spills, and improve the efficiency of pipeline operations. This trend is expected to drive the growth of the market.
  5. Increasing regulatory compliance: The gathering pipeline market is highly regulated, and industry players need to comply with various safety and environmental regulations. Governments are also implementing stricter regulations to ensure the safety and environmental sustainability of pipeline operations. This trend is expected to influence the growth of the market by driving the adoption of new technologies and solutions to enhance pipeline safety and reduce the environmental impact of pipeline operations.

Gathering Pipeline Market  Reginal Analysis

The gathering pipeline market can be analyzed based on various regions around the world. Some of the key regions analyzed in the market include:

  1. North America: North America is one of the largest regions in the gathering pipeline market, driven by the increasing shale gas production in the United States and Canada. The region is also witnessing the expansion of pipeline networks to transport oil and gas from production sites to processing facilities.
  2. Europe: Europe is another major region in the gathering pipeline market, driven by the growing demand for natural gas in the region. The region is witnessing the development of new pipelines to transport natural gas from Russia to Western Europe, as well as the expansion of pipeline networks in the North Sea region.
  3. Asia Pacific: Asia Pacific is expected to witness significant growth in the gathering pipeline market, driven by the increasing demand for oil and gas in the region. The region is also witnessing the development of new pipelines to transport natural gas from Australia to China, as well as the expansion of pipeline networks in the Middle East.
  4. Middle East and Africa: The Middle East and Africa region is witnessing significant growth in the gathering pipeline market, driven by the increasing production of oil and gas in the region. The region is also witnessing the development of new pipelines to transport natural gas from Qatar to the United Arab Emirates and Oman, as well as the expansion of pipeline networks in Iraq and Iran.
  5. Latin America: Latin America is another growing region in the gathering pipeline market, driven by the increasing production of oil and gas in Brazil, Mexico, and Argentina. The region is also witnessing the expansion of pipeline networks to transport oil and gas from production sites to processing facilities.

Gathering Pipeline Market  Forecasts 2030

The gathering pipeline market is expected to witness significant growth during the forecast period from 2021 to 2030. The market is expected to be driven by the increasing demand for oil and gas, technological advancements, the expansion of pipeline networks, focus on pipeline safety and efficiency, and increasing regulatory compliance.According to a report by MarketsandMarkets, the global gathering pipeline market size is projected to grow from USD 6.5 billion in 2020 to USD 8.0 billion by 2025, at a CAGR of 4.2% during the forecast period. The report also states that the demand for gathering pipelines is expected to increase in regions such as North America, Asia Pacific, and the Middle East and Africa, owing to the increasing production of oil and gas in these regions.Another report by ResearchAndMarkets projects the global gathering pipeline market size to reach USD 9.5 billion by 2030, growing at a CAGR of 5.2% during the forecast period. The report states that the growth of the market is driven by the increasing demand for oil and gas, the development of new pipelines, and the adoption of new technologies to enhance pipeline safety and efficiency.Overall, the gathering pipeline market is expected to witness significant growth during the forecast period, driven by the increasing demand for oil and gas and the development of new pipelines and technologies to enhance pipeline safety and efficiency.

Gathering Pipeline Market Key Industry Players

Some of the key industry players in the gathering pipeline market include:

  1. Williams Companies Inc.: Williams Companies Inc. is a leading natural gas gathering and processing company based in the United States. The company operates a vast network of pipelines and processing facilities across the country.
  2. Enbridge Inc.: Enbridge Inc. is a Canadian energy infrastructure company that operates one of the largest pipeline networks in North America. The company's pipeline network spans over 17,000 miles and transports crude oil, natural gas, and other liquids.
  3. Kinder Morgan Inc.: Kinder Morgan Inc. is a leading energy infrastructure company based in the United States. The company operates a vast network of pipelines and terminals across North America and transports natural gas, crude oil, and other products.
  4. Targa Resources Corp.: Targa Resources Corp. is a leading provider of midstream services in the United States. The company operates a vast network of gathering pipelines, processing plants, and storage facilities across the country.
  5. Energy Transfer LP: Energy Transfer LP is a leading midstream energy company based in the United States. The company operates a vast network of pipelines, terminals, and storage facilities across North America and transports crude oil, natural gas, and other products.
  6. Enterprise Products Partners L.P.: Enterprise Products Partners L.P. is a leading provider of midstream energy services in the United States. The company operates a vast network of pipelines, processing plants, and storage facilities across the country.
  7. ONEOK Inc.: ONEOK Inc. is a leading provider of natural gas gathering and processing services in the United States. The company operates a vast network of gathering pipelines and processing plants across the country.

These companies are actively investing in the expansion of their pipeline networks and the adoption of new technologies to enhance pipeline safety and efficiency, thereby driving the growth of the gathering pipeline market.

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