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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 | Oct 2014

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

IBISWorld’s Oil & Gas Pipeline Construction market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$50bn
Annual Growth 09-14
3.5%
Annual Growth 14-19
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Profit
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Employment
130,147
Businesses
1,733
Industry Analysis & Industry Trends

The Oil and Gas Pipeline Construction industry is booming due to heavy investment in natural gas and oil infrastructure construction. Increases in energy prices and advancements in extraction technologies have caused significant increases in domestic oil and natural gas production, which in turn have boosted demand for pipeline construction to connect existing infrastructure and markets. This industry managed to perform relatively well during the past five years, despite the recession and high levels of volatility, as new energy resources were discovered. Looking forward, the industry is projected to experience strong demand, as new natural gas resources require expansion of existing pipelines... purchase to read more

Industry Report - Industry Analysis Chapter

Over the five years to 2014, the Oil and Gas Pipeline Construction industry has experienced strong, yet erratic demand due to volatile investment in energy-related infrastructure. Driven by higher global energy prices and the implementation of new technologies, oil and natural gas pipeline contractors experienced a considerable spike in demand prior to the recession. The emergence of hydraulic fracturing and horizontal drilling has driven demand for the industry in recent years. Revenue grew 28.5% in 2010, as demand for refinery and pipeline expansions and upgrades increased to accommodate growing domestic energy production. However, the number of major projects dipped, causing revenue to fall 25.8% in 2012... 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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