Gathering Pipeline Market Overview:
As per MRFR analysis, the Gathering Pipeline Market Size was estimated at 53.2 (USD Billion) in 2022. The Gathering Pipeline Market Industry is expected to grow from 55.06(USD Billion) in 2023 to 75.0 (USD Billion) by 2032. The Gathering Pipeline Market CAGR (growth rate) is expected to be around 3.49% during the forecast period (2024 - 2032).
Key Gathering Pipeline Market Trends Highlighted
Key market drivers for the gathering pipeline market include increasing global energy demand, rising oil and gas production, and expanding infrastructure development. Opportunities for exploration include the development of new technologies for pipeline monitoring and maintenance, as well as the expansion of gathering pipeline networks in emerging markets. Recent trends in the market include the adoption of digital technologies for pipeline operations, the use of advanced materials for pipeline construction, and the implementation of sustainability initiatives.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Gathering Pipeline Market Driver
Increasing Energy Demand
The Gathering Pipeline Market is primarily driven by the increasing demand for energy, particularly in developing countries. As countries strive to meet their growing energy needs, there is a significant need for infrastructure to transport oil and gas from production sites to consumers. Gathering pipelines plays a crucial role in this process, enabling the efficient and cost-effective transportation of energy resources. The expanding global population and rising energy consumption are expected to continue to drive the demand for gathering pipelines in the coming years.
Technological Advancements
The gathering pipeline market is also being driven by technological advancements that improve the efficiency and safety of pipeline operations. The adoption of automation, remote monitoring, and advanced materials is enabling operators to optimize pipeline performance, reduce downtime, and enhance safety.
Additionally, the development of new technologies, such as horizontal directional drilling (HDD) and micro-tunneling, is reducing the environmental impact of pipeline construction and allowing for more efficient installation in challenging terrains.
Government Regulations and Policies
Government regulations and policies play a significant role in shaping the gathering pipeline market. Governments are implementing stringent regulations to ensure the safety and environmental compliance of pipeline operations. This includes regulations on pipeline design, construction, maintenance, and decommissioning. Furthermore, government policies that promote the development of renewable energy sources and reduce carbon emissions are driving the demand for gathering pipelines for transporting alternative fuels, such as hydrogen and biogas.
Gathering Pipeline Market Segment Insights:
Gathering Pipeline Market Material Insights
The Gathering Pipeline Market is segmented by material into steel, ductile iron, polyethylene, fiberglass, and polypropylene. Steel is the most commonly used material for gathering pipelines, accounting for over 50% of the market share in 2023. This is due to its high strength, durability, and relatively low cost. Ductile iron is another popular material for gathering pipelines, as it is resistant to corrosion and cracking. Polyethylene is a lightweight and flexible material that is often used for smaller-diameter pipelines. Fiberglass is a strong and corrosion-resistant material that is often used for offshore pipelines.
This growth is being driven by the increasing demand for oil and gas, as well as the need to replace aging infrastructure. The Asia-Pacific region is expected to be the fastest-growing market for gathering pipelines due to the increasing demand for energy in this region. Some of the key trends in the Gathering Pipeline Market include the increasing use of automation and remote monitoring technologies, as well as the development of new materials and technologies that can improve the efficiency and safety of gathering pipelines.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Gathering Pipeline Market Diameter Insights
The Gathering Pipeline Market is segmented by diameter into less than 12 inches, 12 to 24 inches, 24 to 36 inches, 36 to 48 inches, and 48 inches and above. Among these segments, the 12 to 24-inch diameter segment is expected to hold the largest market share in 2023, accounting for around 35% of the Gathering Pipeline Market revenue.
This is primarily due to the increasing demand for natural gas and the need for efficient transportation of gas from production sites to processing facilities. The 48-inch and above-diameter segment is also expected to witness significant growth during the forecast period, owing to the rising demand for large-scale pipeline projects for the transportation of crude oil and natural gas.
Gathering Pipeline Market Application Insights
The application segment of the Gathering Pipeline Market holds significant importance. Among the various applications, Oil Gas dominated the market in 2023, accounting for nearly 45% of the Gathering Pipeline Market revenue. This dominance is attributed to the extensive use of gathering pipelines for transporting crude oil and natural gas from production sites to processing facilities.
Water Wastewater and Chemicals Petrochemicals are other prominent applications, collectively contributing over 30% to the market revenue. Mining and Other segments are also expected to witness notable growth in the coming years due to increasing demand for raw materials and infrastructure development.The Gathering Pipeline Market is anticipated to grow steadily, driven by the rising demand for efficient and reliable transportation of fluids across various industries.
Gathering Pipeline Market Type Insights
The type segment of the Gathering Pipeline Market is classified into Onshore and Offshore. The Onshore segment held a larger market share in 2023 and is expected to continue its dominance throughout the forecast period. The growth of the Onshore segment can be attributed to the increasing demand for natural gas and oil, as well as the rising number of onshore pipeline projects. The Offshore segment, on the other hand, is expected to witness a steady growth rate during the forecast period, driven by the increasing exploration and production activities in deepwater areas
.In 2023, the Gathering Pipeline Market for Onshore was valued at 32.58 Billion and is projected to reach 46.21 Billion by 2032, exhibiting a CAGR of 3.79%. The Offshore segment, valued at 22.48 Billion in 2023, is anticipated to reach 28.79 Billion by 2032, growing at a CAGR of 3.19%.
Gathering Pipeline Market Installation Method Insights
The installation method segment plays a crucial role in the Gathering Pipeline Market. Open Trench, Horizontal Directional Drilling (HDD), Auger Boring, and Plowing are the key methods used for pipeline installation. Open Trench, the conventional method, involves excavating a trench to lay the pipeline, accounting for a significant share of the market. HDD, a trenchless technology, is gaining traction due to its reduced environmental impact and lower installation costs. It is expected to witness substantial growth in the coming years. Auger Boring, suitable for short-distance installations, offers cost-effectiveness and minimal surface disruption.
Plowing, another trenchless method, involves pulling the pipeline through the ground using a plow, making it suitable for shallow installations. The Gathering Pipeline Market segmentation provides valuable insights into the performance of each installation method, enabling stakeholders to make informed decisions and capitalize on growth opportunities.
Gathering Pipeline Market Regional Insights
The Gathering Pipeline Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, North America is expected to hold the largest market share in 2023, owing to the presence of a well-established oil and gas industry and increasing investments in pipeline infrastructure. Europe is expected to be the second-largest market, driven by the growing demand for natural gas and the need to replace aging pipeline infrastructure. APAC is expected to be the fastest-growing market, owing to the increasing demand for energy and the development of new oil and gas fields in the region.
South America and MEA are expected to witness moderate growth, driven by the increasing demand for energy and the development of new oil and gas fields. The Gathering Pipeline Market is expected to reach a valuation of USD 58.99 billion by 2032, exhibiting a CAGR of 3.8% during the forecast period.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Gathering Pipeline Market Key Players And Competitive Insights:
Major players in the Gathering Pipeline Market industry are continuously striving to stay ahead of the competition. Leading Gathering Pipeline Market players are focusing on expanding their product portfolio, investing in research and development, and entering into strategic partnerships to stay ahead of the competition. The Gathering Pipeline Market development is also being driven by the growing demand for oil and gas, as well as the increasing need for infrastructure to transport these resources. The Competitive Landscape is expected to remain highly competitive in the coming years, with new entrants and existing players vying for market share.
A leading company in the Gathering Pipeline Market industry, FMC Technologies is a major provider of equipment and services for the oil and gas industry. The company's Gathering Pipeline Market offerings include a wide range of products and services, including pipelines, valves, and instrumentation. FMC Technologies has a strong global presence, with operations in over 20 countries. The company is committed to providing innovative and reliable solutions to its customers and is focused on maintaining its leadership position in the Gathering Pipeline Market.
A competitor in the Gathering Pipeline Market industry, Exterran Corporation, is a leading provider of oil and gas infrastructure and production solutions. The company's Gathering Pipeline Market offerings include a wide range of products and services, including pipelines, compression systems, and processing facilities. Exterran Corporation has a strong presence in North America and is expanding its operations in other regions. The company is focused on providing cost-effective and efficient solutions to its customers and is committed to maintaining its position as a leading player in the Gathering Pipeline Market.
Key Companies in the Gathering Pipeline Market Include:
- TechnipFMC
- Heerema Marine Contractors
- Van Oord
- Allseas
- McDermott International
- Jan De Nul
- Boskalis
- Aker Solutions
- DEME Group
- McDermott
- DeepOcean
- Prysmian Group
- Subsea 7
- Fluor Corporation
- Saipem
Gathering Pipeline Market Industry Developments
The Gathering Pipeline Market is projected to reach USD 75.0 billion by 2032, exhibiting a CAGR of 3.49% during the forecast period (2024-2032). The market growth is attributed to the increasing demand for natural gas and the need for efficient transportation of hydrocarbons from production sites to processing facilities.
Additionally, government initiatives to promote the adoption of natural gas as a cleaner fuel and the growing focus on energy security are expected to drive market expansion. Recent developments include the construction of new gathering pipelines in North America and the Middle East, as well as technological advancements in pipeline monitoring and maintenance.
Gathering Pipeline Market Segmentation Insights
- Gathering Pipeline Market Material Outlook
- Steel
- Ductile Iron
- Polyethylene
- Fiberglass
- Polypropylene
- Gathering Pipeline Market Diameter Outlook
- Less than 12 inches
- 12 to 24 inches
- 24 to 36 inches
- 36 to 48 inches
- 48 inches and above
- Gathering Pipeline Market Application Outlook
- Oil Gas
- Water Wastewater
- Chemicals Petrochemicals
- Mining
- Others
- Gathering Pipeline Market Type Outlook
- Gathering Pipeline Market Installation Method Outlook
- Open Trench
- Horizontal Directional Drilling
- Auger Boring
- Plowing
- Gathering Pipeline Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
53.2(USD Billion) |
| Market Size 2023 |
55.06(USD Billion) |
| Market Size 2032 |
75.0(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
3.49% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
TechnipFMC, Heerema Marine Contractors, Van Oord, Allseas, McDermott International, Jan De Nul, Boskalis, Aker Solutions, DEME Group, McDermott, DeepOcean, Prysmian Group, Subsea 7, Fluor Corporation, Saipem |
| Segments Covered |
Material, Diameter, Application, Type, Installation Method, Regional |
| Key Market Opportunities |
Increased oil and gas exploration, rising demand for natural gas pipeline infrastructure expansion, technological advancements, favorable government policies |
| Key Market Dynamics |
Increased demand for natural gas Growth in unconventional oil and gas production Technological advancements Government regulations Economic growth in emerging economies |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Gathering Pipeline Market is anticipated to reach a valuation of approximately 55.06 billion USD in 2023.
The Gathering Pipeline Market is projected to expand at a CAGR of roughly 3.49% over the period of 2024 to 2032.
The major regional contributors to the Gathering Pipeline Market include North America, Europe, Asia-Pacific, and the Middle East and Africa.
Gathering Pipelines are predominantly used for transporting crude oil, natural gas, and refined products from production sites to processing facilities or storage terminals.
Some notable players in the Gathering Pipeline Market are Enbridge, Kinder Morgan, TC Energy, Williams Companies, and Energy Transfer Partners.
Factors such as rising energy demand, increasing production of unconventional resources, and government initiatives supporting infrastructure development contribute to the growth of the Global Gathering Pipeline Market.
Challenges in the Gathering Pipeline Market include fluctuating oil and gas prices, environmental regulations, and geopolitical risks.
Advancements in technology, such as automation, remote monitoring, and data analytics, enhance efficiency and safety in the Global Gathering Pipeline Market.
Emerging trends include the adoption of sustainable materials, the integration of renewable energy sources, and the use of artificial intelligence for predictive maintenance.
The Gathering Pipeline Market is anticipated to reach a valuation of approximately 75 billion USD by 2032.
