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Oil & Gas Pipeline Construction in the US : Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Oil & Gas Pipeline Construction Market Research Report | NAICS 23712 | Jan 2015

In the pipeline: New energy resources and advanced drilling technology will spur demand for industry

IBISWorld’s Oil & Gas Pipeline Construction market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$51bn
Annual Growth 10-15
-1.9%
Annual Growth 15-20
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Profit
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Employment
133,907
Businesses
1,743
Industry Analysis & Industry Trends

The Oil and Gas Pipeline Construction industry has performed well largely due to heavy investment in natural gas and oil infrastructure construction, despite the recession and high levels of volatility. Looking forward, the industry is projected to experience strong demand, as new natural gas resources require expansion of existing pipelines; however, the falling price of fuel may pose a threat to producers, who can no longer afford the construction of new pipelines... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Oil and Gas Pipeline Construction industry is in the mature stage of its life cycle. In the 10 years to 2020, the industry's contribution to the overall economy, measured by industry value added, is expected to grow at an annualized rate of 3.1%, compared with GDP growth of 2.5% over the same period. Since the early 2000s, significant impetus for expansion has come from the energy pipeline and refining markets. Moreover, high levels of revenue volatility affect the industry's ability to grow substantially on a consistent basis.

Several factors will likely support growth in this industry in the five years to 2020. There has been a long-term trend toward the use of natural gas as an alternative to oil for domestic and industrial purposes... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Oil & Gas Pipeline Construction Industry?

This industry comprises contractors that are responsible for the construction of gas and oil pipelines, mains, pumping stations, refineries and storage tanks. It also includes construction management companies and special trade contractors that are primarily involved in oil and pipeline construction.

Industry Products
New pipeline infrastructure constructionPipeline additions and alterationsPipeline maintenance
 
Industry Activities
Gas and oil pipeline constructionGas main constructionOil refinery construction Pipeline repair and reconstructionPumping station constructionNatural gas processing plant construction


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