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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 | Dec 2015

Piping hot: The need to repair, replace and expand existing infrastructure will bolster demand

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
$45bn
Annual Growth 10-15
0.2%
Annual Growth 15-20
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Profit
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Employment
156,279
Businesses
1,833
Industry Analysis & Industry Trends

Over the five years to 2015, 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. In the coming years, 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 Analysis Chapter

Over the five years to 2015, 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 16.8% 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 16.2% 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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