Organic Chemical Pipeline Transportation in the US - Industry Market Research Report

Organic Chemical Pipeline Transportation in the US - Industry Market Research Report

  • October 2018 •
  • 34 pages •
  • Report ID: 1835267 •
  • Format: PDF

Run on fumes: Industry demand will grow at a slower pace in line with crude oil production

Abstract

Organic Chemical Pipeline Transportation in the US
The Organic Chemical Pipeline Transportation industry moderately contracted over the past five years, despite rising domestic crude oil and natural gas production. Industry operators primarily transport carbon dioxide (CO2), which is commonly used to enhance oil well production rates; in fact, the use of natural gases, most often CO2, accounts for nearly 60.0% of enhanced oil recovery production in the United States. In 2018, industrial production is anticipated to rise, which will help bolster demand for CO2, ammonia and other organic chemicals transported by industry pipelines. Beginning in mid-2014, the world price of crude oil fell significantly as a result of high global production levels and depressed demand. CO2 transportation rates are often tied to crude oil prices, and demand for CO2 stagnates when oil prices are low. The industry is anticipated to slowly but steadily grow over the next five years.

Operators in this industry provide pipeline transportation services for chemical products such as carbon dioxide and ammonia. Pipeline operators that transport crude oil, refined petroleum products, natural gas and natural gas liquids are excluded from this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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