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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 | Apr 2016

Oil the wheels: The need to repair, replace and expand existing infrastructure will bolster demand

The Oil & Gas Pipeline Construction market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$39bn
Annual Growth 11-16
-5.7%
Annual Growth 16-21
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Profit
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Employment
141,028
Businesses
1,818
Industry Analysis & Industry Trends

Over the five years to 2016, the Oil and Gas Pipeline Construction industry boomed due to heavy investment in natural gas and oil infrastructure construction. Increases in energy prices and advancements in extraction technologies caused significant increases in domestic oil and natural gas production, which boosted demand for pipeline construction to connect existing infrastructure and markets. However, falling crude oil and natural gas prices since the latter half of 2014 through early 2016 slashed investment budgets and, therefore, industry revenue. Looking forward, the industry is projected to experience strong demand, as new natural gas resources require existing pipelines to reach capacity... purchase to read more

Industry Report - Industry Investment Chapter

The Oil and Gas Pipeline Construction industry exhibits a low-to-moderate level of capital intensity. For every dollar spent on labor, the average industry operator will invest about $0.11 in capital equipment. This industry has relatively high capital inputs relative to most construction industries. This industry typically allocates about 2.0% to 5.0% of revenue to capital expenditures on plants and equipment, though smaller-scale contractors typically lease equipment on a piecemeal basis or through subcontracting to specialist operatives (e.g. crane operators and structural steel erectors).

The basic machinery required in this industry involves earthmoving equipment (e.g... 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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