Offshore Pipeline Market Overview
In the oil & gas industry, offshore pipelines are used to transport crude & refined petroleum products from source to destination, which are separated by distance, physically. Offshore pipeline is considered as the most economical mode of transportation and oil & gas price recovery is positive for the industry, particularly when combined with lower costs for equipment, engineering and services. Deepwater activity continues to be more attractive than onshore shale while costs continue to tumble in the offshore oil & gas supply chain, which creates the positive outlook for the global offshore pipeline market in the near future.
The global offshore pipeline market is expected to expand with a mid-single digit CAGR during the forecast period, owing to the rising demand for crude oil and natural gas, also demand for economical, safe, and reliable connectivity, which is likely to fuel the demand for offshore pipeline globally.
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Offshore Pipeline Market Competition Landscape
The global market for offshore pipeline is dominated by major players and to enable the in-depth assessment of the competition landscape. The report includes the analysis of major players. Some of the prominent players in the market are McDermott (US), Saipem (Italy), Sapura (Malaysia), Subsea 7 (UK), Technip (UK), Wood Group (UK), Atteris (Australia), Fugro (Netherlands), Petrofac (UK), Senaat (UAE) and Penspen (UK), among others.
The research report presents a comprehensive assessment of the Offshore Pipeline market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Offshore Pipeline market segments such as equipment type, vehicle type, end user & region.
Offshore Pipeline Market Segmentation
For a better understanding of the global offshore pipeline market, the global market is studied under pipeline type, product type, material type, pipe diameter and region. By pipeline type, global offshore pipeline market is segmented as infield offshore pipeline, export offshore pipeline and transmission offshore pipeline. In terms of product type, offshore pipeline market is segmented as oil, gas and refined products.
Based on material type, the market is segmented as
- carbon steel
- alloy steel
- stainless steel
- specialty plastics
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Offshore Pipeline market performance
- Must-have information for market players to sustain and enhance their market footprint