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Pipeline Transportation in China - Market Research Report (2014-2029)

IBISWorld IBISWorld Beijing, China Last Updated: November 2024 5600

Revenue

$17.4bn

2024

$17.4bn

Past 5-Year Growth

Profit

$X.Xbn

Employees

40,150

Businesses

36

Wages

$X.Xbn

Pipeline Transportation in China industry analysis

The Pipeline Transportation industry in China is expected to post revenue growth of annualized 2.2% over the five years through 2024, to $17.4 billion. This includes a jump of 7.7% in 2024. Profit has been high but decreased over the period, and is estimated to account for 24.0% of revenue in 2024.
Large-scale construction of pipelines in China began in the 1970s with the development of the country's oil and gas sector. Currently, oil and gas transported through pipelines accounts for over 90.0% by volume of total pipeline transportation. Freight transportation volume is expected to total 1,039.8 million tons in 2024, increasing at an average rate of 2.6% in the past five years. The national length of oil and gas pipelines in China is expected to total 155,300 kilometers at the end of 2024.
The industry in China is highly concentrated. The Chinese Government has proposed to reform the operation mechanism of oil and gas pipeline networks and enhance the capacity for intensive transportation and fair services. PipeChina was founded in late 2019 in such context and has become the largest company in the industry, with an estimated 71.5% of market share in 2024. Industry concentration level is expected to further increase in the future with PipeChina integrating more pipeline network.
Industry revenue is forecast to grow by an annualized 4.5% over the five years through 2029, to reach $21.6 billion. Advances in automation technology, rising market demand, and the industry's growing competitive advantage over other transportation modes will likely drive growth over the period. By the end of 2029, the total length of oil and gas pipelines in China is forecast to exceed 170,000 kilometers.

Trends and Insights

  • Rapid economic growth and social development have driven industry demand. The demand for energy, water resources, industrial raw materials, etc., has been constantly increasing in China, stimulating the demand for pipeline transportation.
  • Gas pipelines have 58.6% of total pipeline length. The uneven distribution of gas fields and gas consumption in China results that gas must be transported over these long distances through pipelines.
  • Industry companies transport natural gas to eastern regions. Natural gas resources are mainly distributed in the western regions but less in eastern regions, which requires pipeline for transportation.
  • Industry concentration level is high. The industry is highly concentrated. The largest company, PipeChina, is expected to account for 71.5% of total industry revenue in 2024.

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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has grown at a CAGR of 2.2 % over the past five years, to reach an estimated $17.4bn in 2024.

Trends and Insights

Rapid economic growth and social development in China have driven industry demand

  • Due to the rapid economic growth and social development in China, the demand for energy, water resources, industrial raw materials, etc., has been constantly increasing, and the requirements for transportation have been also improved.
  • Additional trends and insights available with purchase
Pipeline Transportation in China
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

Constantly oil and gas demand in China will drive industry growth

  • China is one of the world's largest energy consuming countries, and its demand for the global energy market continues to grow.

Biggest companies in the Pipeline Transportation in China

Company
Market Share (%)
2024
Revenue ($m)
2024
China Oil & Gas Pipeline Network Corporation
12,405.7
Yanchang Petroleum Group Pipeline Company
380.0
Shaanxi Shen-Wei Coal Pipeline Transportation Co., Ltd. 
241.5

To view the market share and analysis for all 6 top companies in this industry, view purchase options.

Products & Services Segmentation

Pipeline Transportation in China
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Gas transportation, Oil transportation and Water and other products transportation. Gas transportation is the largest segment of the Pipeline Transportation in China.

Trends and Insights

Gas transportation represents the largest segment

  • Gas transportation refers to the transportation of gases by pipeline. The most typical gas is natural gas, while others include hydrogen, oxygen, nitrogen, carbon dioxide and other industrial gases.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

The Pipeline Transportation industry in China provides liquid and gas transportation services through pipelines. Crude oil, refined oil products and natural gas are the main materials transported by pipelines. Pipeline transportation of natural gas, steam and water to households is not included in the industry.

What's included in this industry?

Gas transportationGas transportationWater and other products transportation

Companies

China Oil & Gas Pipeline Network CorporationYanchang Petroleum Group Pipeline CompanyShaanxi Shen-Wei Coal Pipeline Transportation Co., Ltd. 

Purchase this report to view all 6 major companies in this industry.

Related Terms

WEST-EAST NATURAL GAS TRANSMISSION PROJECTNATURAL GASCRUDE OIL

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Rapid economic growth and social development have driven industry demand. The demand for energy, water resources, industrial raw materials, etc., has been constantly increasi...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Gas pipelines have 58.6% of total pipeline length. The uneven distribution of gas fields and gas consumption in China results that gas must be transported over these long dis...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

Industry companies transport natural gas to eastern regions. Natural gas resources are mainly distributed in the western regions but less in eastern regions, which requires p...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Industry concentration level is high. The industry is highly concentrated. The largest company, PipeChina, is expected to account for 71.5% of total industry revenue in 2024.

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

PipeChina dominates the industry. The Chinese Government has established PipeChina to promote the oil and gas pipeline infrastructure reform in China. PipeChina has become th...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of China Oil & Gas Pipeline Network Corporation's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Yanchang Petroleum Group Pipeline Company's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Shaanxi Shen-Wei Coal Pipeline Transportation Co., Ltd. 's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of revenue, market share and profit margin trend for 3 additional companies

Detailed analysis

  • Description and key data for China Oil & Gas Pipeline Network Corporation, and factors influencing its performance in the industry
  • Description and key data for Yanchang Petroleum Group Pipeline Company, and factors influencing its performance in the industry
  • Description and key data for Shaanxi Shen-Wei Coal Pipeline Transportation Co., Ltd. , and factors influencing its performance in the industry
  • Description, key data and performance trends for 3 additional companies

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

The industry is closely regulated by the Government. Pipelines are important infrastructure. The construction, operation and maintenance of pipelines have been closely superv...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

The industry is highly profitable. Industry profit margins are high, and are expected to account for 24.0% of industry revenue in 2024. Industry profitability will decline wi...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Pipeline Transportation industry in China in 2024?

The market size of the Pipeline Transportation industry in China is $17.4bn in 2024.

How many businesses are there in the Pipeline Transportation in China industry in 2024?

There are 36 businesses in the Pipeline Transportation industry in China, which has declined at a CAGR of 7.4 % between 2019 and 2024.

Has the Pipeline Transportation industry in China grown or declined over the past 5 years?

The market size of the Pipeline Transportation industry in China has been growing at a CAGR of 2.2 % between 2019 and 2024.

What is the forecast growth of the Pipeline Transportation industry in China over the next 5 years?

Over the next five years, the Pipeline Transportation industry in China is expected to grow.

What are the biggest companies in the Pipeline Transportation market in China?

The biggest companies operating in the Pipeline Transportation market in China are China Oil & Gas Pipeline Network Corporation, Yanchang Petroleum Group Pipeline Company and Shaanxi Shen-Wei Coal Pipeline Transportation Co., Ltd. 

What does the Pipeline Transportation in China include?

Gas transportation and Gas transportation are part of the Pipeline Transportation industry.

Which companies have the highest market share in the Pipeline Transportation in China?

The company holding the most market share in China is China Oil & Gas Pipeline Network Corporation.

How competitive is the Pipeline Transportation industry in China?

The level of competition is low and increasing in the Pipeline Transportation industry in China.

Related Industries

Widen your competitive advantage with related industries

Competitors

  • Freight Transport by Sea in China
  • Road Transportation of Freight in China

Complementors

  • Heating Power Production and Supply in China
  • Natural Gas Production and Distribution in China
  • Water Supply in China

International industries

  • There are no industries to display.

View all industries in China

Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in China include:

  • National Bureau of Statistics China
  • General Administration of Customs
  • People’s Bank of China

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

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