Offshore Pipeline Market Poised to Expand at a Robust Pace by 2027 – Bechtel, Fugro N.V., John Wood Group, Larsen and Toubro Limited, McDermott and Petrofac Limited
Worldwide Offshore Pipeline Market Analysis to 2027 is a specialized and in-depth study of the Offshore Pipeline Industry with a focus on the global market trend. The report aims to provide an overview of global Offshore Pipeline Market with detailed market segmentation by product/application and geography. The global Offshore Pipeline Market is expected to witness high growth during the forecast period.
The offshore pipeline, often known as, submarine or subsea pipeline is used for the transportation of oil, gas, and refined products. The offshore pipeline market is increasingly gaining traction on account of higher efficiency and large capacity. In addition to this, the offshore pipeline provides faster, safer, and more reliable connectivity for oil and gas transportation. Increasing offshore activities to meet the demand for oil and gas are acting as a booster for the market growth.
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The offshore pipeline market is anticipated to grow in the forecast period owing to driving factors such as increasing demands for crude oil and natural gas. Furthermore, the growing popularity of the pipeline mode on account of faster and reliable offshore transportation is further expected to fuel the market growth. However, cross border pipeline transportation constraints may hamper the growth of the offshore pipeline market during the forecast period. On the other hand, growing demand for refined products is expected to showcase significant opportunities for the key players operating in the offshore pipeline market.
The global offshore pipeline market is segmented on the basis of diameter, line type, and product. Based on diameter, the market is segmented as more than 24 inches and less than 24 inches. On the basis of the line type, the market is segmented as export line, transport line, and others. The market on the basis of the product is classified as oil, gas, and refined products.
Top Leading Market Players:
- Bechtel Corporation
- Fugro N.V.
- John Wood Group PLC
- Larsen and Toubro Limited
- McDermott
- Petrofac Limited
- Saipem
- Sapura Energy Berhad
- Subsea 7
- TechnipFMC plc
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global offshore pipeline market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The offshore pipeline market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting offshore pipeline market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the offshore pipeline market in these regions.
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Reasons to Buy the Report:
- Learn about the driving factors, affecting the market growth.
- Imbibe the advancements and progress in the market during the forecast period.
- Understand where the market opportunities lies.
- Compare and evaluate various options affecting the market.
- Pick up on the leading market players within the market.
- Envision the restrictions and restrains that are likely to hamper the market
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