Offshore Pipeline Market 2019 Global Analysis, Size, Trends, Growth Factors, Share, Competitive Landscape, Challenges, Opportunities, And Regional Forecast To 2024

Offshore Pipeline Market 2019 Global Industry Forecast To 2024, is latest research report on “Global Offshore Pipeline Industry”, published by market research future. According to report Global Offshore Pipeline Market predicted to grow at 6% by 2024.

Report provides comprehensive information on Offshore Pipeline Market by Product (Oil, Gas, and refined product), Line Type (Export Line and Transport Line), Diameter (Below 24, greater than 24), and Region (North America, Europe, and others) outlook to 2024.

Market Highlights:

Competitive Analysis - The key players of the global offshore pipeline market are Saipem (Italy), subsea 7 (UK), Technip FMC (UK), Wood Group (UK), Sapura Energy (Malaysia), Atteris (Australia), Petrofac (UK), Fugro (Netherlands), Mcdermott (US), and others.Top of FormBottom of Form

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Market Drivers and Restraints:

Offshore pipeline market is projected to reach USD 16.87 billion by 2024, at a CAGR of 6.80%. The major factor driving the offshore pipeline market is the increase in demand for safe and reliable connectivity in the oil & gas industry to transfer oil & gas safely. The global offshore pipeline market is projected to grow at a high rate during the forecast period, mainly due to the demand for crude oil and natural gas. According to IEA, oil demand is estimated to grow by 6.9 million barrels a day by 2023. Thus, oil & gas companies around the world have developed a sound investment plan to facilitate offshore pipeline development, across the globe. For instance, in November 2018, Mcdermott (US) received a contract worth approximately USD 250 million from Petrobras for a natural gas pipeline project in Brazil. Similarly, in June 2018, Saipem received an offshore pipeline contract worth USD 1.3 billion in the Middle East. Such contracts are expected to add to the growth of offshore pipeline development in South America and Europe.

Offshore pipeline is used in oil & gas industry that is placed on the seabed or below the seabed inside a trench. These pipelines are connected to the land with the well head or process platform. Offshore pipelines are used to transfer oil through the closed tubes. It is one of the fastest and reliable modes of transporting offshore oil & gas. Advantages of offshore pipeline includes higher efficiency and large oil capacity.

Offshore Pipeline market Segment Analysis:

Global offshore pipeline market has been segmented based on product, line type, diameter, and region. Based on line type, the market is classified into export line and transport line. The transport line is expected to hold a larger share during the forecast period. This is because the transport line technology is the most common line type and is primarily used to transfer oil & gas.

Europe is expected to be the most attractive region, during the forecast period. Based on diameter, the global offshore pipeline market is further segmented as below 24 and greater than 24. The offshore pipeline segment is dominated by greater than 24 diameter segment and is anticipated to grow at a higher rate in the forecast period.

Regional Analysis:

Global offshore pipeline market is expected to witness substantial growth during the forecast period owing to growing offshore investments in oil & gas industry. According to the IEA, offshore oil production is estimated to reach 27.4 million barrels of oil equivalent, per day (mboe) by 2040 from 26.4 million barrels of oil equivalent per day (mboe) in 2016. This would result in an increase in the demand for offshore pipeline, globally. Europe is expected to hold the largest share in the offshore pipeline market due to increasing imports for its energy demands. The natural gas used in Europe is imported via pipelines from Central Asia, and the Middle East & Africa. The growing demand for refined products is an opportunity for the offshore pipeline market.

Report Overview:

The report for Global Offshore Pipeline Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Table of Content:

1 Executive Summary

2 Market Introduction

2.1 Market Definition

2.2 Scope Of The Study

2.3 Market Structure

3 Research Methodology

3.1 Primary Research

3.2 Secondary Research

3.3 Market Size Estimation

3.4 Forecast Model

3.5 List Of Assumptions

3.6 Limitations Of The Study

4 Market Insights

5 Market Dynamics

5.1 Introduction

5.2 Market Drivers

5.3 Market Restraints

5.4 Market Opportunities

5.5 Porter’s Five Forces Analysis

5.5.1 Threat Of New Entrants

5.5.2 Bargaining Power Of Buyers

5.5.3 Bargaining Power Of Suppliers

5.5.4 Threat Of Substitutes

5.5.5 Intensity Of Rivalry

5.6 Value Chain/Supply Chain Analysis

6 Global Offshore Pipeline Market, By Product

6.1 Introduction

6.2 Oil

6.2.1 Market Estimates & Forecast, 2017–2024

6.2.2 Market Estimates & Forecast, By Region, 2018–2024

6.3 Gas

6.3.1 Market Estimates & Forecast, 2017–2024

6.3.2 Market Estimates & Forecast, By Region, 2018–2024

6.4 Refined Product

6.4.1 Market Estimates & Forecast, 2017–2024

6.4.2 Market Estimates & Forecast, By Region, 2018–2024

7 Global Offshore Pipeline Market, By Line Type

7.1 Introduction

7.2 Export Line

7.2.1 Market Estimates & Forecast, 2017–2024

7.2.2 Market Estimates & Forecast, By Region, 2018–2024

7.3 Transport Line

7.3.1 Market Estimates & Forecast, 2017–2024

7.3.2 Market Estimates & Forecast, By Region, 2018–2024

Continued…

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