The Oil And Gas Pipeline And Related Structures Construction Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Oil And Gas Pipeline And Related Structures Construction Market?
The Oil And Gas Pipeline And Related Structures Construction market has seen consistent growth over the years. The market size is projected to increase from $261.66 billion in 2024 to $270.43 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 3.4%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Oil And Gas Pipeline And Related Structures Construction Industry?
The market size for the Oil And Gas Pipeline And Related Structures Construction industry is forecasted to reach $313.75 billion in 2029, growing at a compound annual growth rate (CAGR) of 3.8%.
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What are the Key Growth Drivers Fueling the Oil And Gas Pipeline And Related Structures Construction Market?
The key drivers in the oil and gas pipeline and related structures construction market are:
• Continued energy demand growth
• Modernization and replacement projects in the sector
• Focus on diversification of energy sources
• Investment in LNG infrastructure and digital transformation in project management and execution
Global Market Segmentation: Identifying Major Oil And Gas Pipeline And Related Structures Construction Industry Segments
The oil and gas pipeline and related structures construction market covered in this report is segmented –
1) By Type: Crude Oil Pipeline, Natural Gas Pipeline
2) By Sector: Upstream, Midstream, Downstream
3) By Application: Onshore, Offshore
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What are the Emerging Trends Shaping the Future of the Oil And Gas Pipeline And Related Structures Construction Market?
The key trends in the oil and gas pipeline and related structures construction market are:
• The industry is experiencing a trend towards geopolitical stability and risk management.
• Resilient supply chain management is strongly emerging in the market.
• There is an increasing emphasis on safety measures in construction practices.
• Digital transformation ventures in project management and execution are shaping the future.
Who Are the Top Competitors & Leading Players in the Oil And Gas Pipeline And Related Structures Construction Market?
Major companies in the oil and gas pipeline and related structures construction market are:
• Larsen & Toubro Limited
• Sunland Construction Inc.
• Barnard Construction Inc.
• Bechtel Corporation
• Ledcor Group
• Pumpco Inc.
• Shengli Oil & Gas Pipe Holdings Limited
• Snelson Companies Inc.
• Tenaris S.A.
• Bonatti S.p.A.
• MasTec Canada Inc.
• Fluor Corporation
• McDermott International Ltd.
• Kinder Morgan Inc.
• Pembina Pipeline Corporation
• Joint Stock Company Transneft
• Primoris Services Corporation
• Spiecapag UK Ltd.
• TC Energy Corporation
• TechnipFMC plc
• Ray McDermott Engineering Pvt. Ltd.
• Saipem S.p.A.
• Michels Corporation
• Quanta Services Inc.
• Strike LLC
• Welded Construction L.P.
• Henkels & McCoy Inc.
• Mears Group Inc.
• Precision Pipeline LLC
• Price Gregory International Inc.
• U.S. Pipeline Inc.
• Arnett & Burgess Pipeliners Ltd.
• Blackeagle Energy Services
• Cenergy LLC
• Cross Country Pipeline Supply Co. Inc.
• Global Pipeline Construction Ltd.
• Miller Pipeline LLC
• NPL Construction Co.
• PCL Construction Enterprises Inc.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the oil and gas pipeline and related structures construction market in 2024
