The Europe offshore pipeline market is expected to grow from US$ 4,959.17 million in 2019 to US$ 6,612.02 million by 2027; it is estimated to grow at a CAGR of 3.9 % from 2020 to 2027. Increasing demand for natural gas and crude oil drives the growth of the Europe offshore pipeline market.The markets in the UK and Germany are presenting...
Major companies in the refined petroleum products market include Royal Dutch Shell; Exxon Mobil Corporation; Sinopec Limited; BP Plc and Chevron. The global refined petroleum products market is expected to grow from $1787.99 billion in 2020 to $2226.49 billion in 2021 at a compound annual growth rate (CAGR) of 24.5%. The growth is mainly...
Major companies in the oil downstream products market include Royal Dutch Shell; Exxon Mobil Corporation; China Petroleum & Chemical Corporation; BP Plc and Chevron. The global oil downstream products market is expected to grow from $2042.01 billion in 2020 to $2534.61 billion in 2021 at a compound annual growth rate (CAGR) of 24.1%....
The APAC offshore pipeline market is expected to grow from US$ 2,188.82 million in 2019 to US$ 2,761.26 million by 2027; it is estimated to grow at a CAGR of 3.2 % from 2020 to 2027. New oil and gas reserves detection and discovery across APAC drive the growth of the APAC offshore pipeline market.In September 2020, Equinor—an energy company—announced...
The MEA offshore pipeline market is expected to grow from US$ 1,399.63 million in 2019 to US$ 1,680.77 million by 2027; it is estimated to grow at a CAGR of 2.5 % from 2020 to 2027. Continuous improvements in flexible pipe technology accelerate the growth of the MEA offshore pipeline market. The offshore oil & gas industry for MEA region has...
The North America offshore pipeline market is expected to grow from US$ 2,925.21 million in 2019 to US$ 3,391.55 million by 2027; it is estimated to grow at a CAGR of 2.1% from 2020 to 2027. Increasing need for safe, cost-effective, and efficient connectivity of pipelines across North America escalates the growth of the North America offshore...
The SAM offshore pipeline market is expected to grow from US$ 497.26 million in 2019 to US$ 561.26 million by 2027; it is estimated to grow at a CAGR of 1.8 % from 2020 to 2027. The rising demand for natural gas and crude oil across SAM escalates the growth of the SAM offshore pipeline market.Surging industrial production and increasing...
The global pipeline safety market size is expected to grow from USD 7.9 billion in 2020 to USD 12.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 9.2% during the forecast period. Pipeline safety is a single system that detects smaller leaks or damages securely and more reliably. It simultaneously monitors for third-party interference...
Gassed up: Growing investment in distribution infrastructure will likely support industry demand Abstract Gasoline & Petroleum Bulk Stations in the US Given that the Gasoline and Petroleum Bulk Stations industry serves as a conduit between petroleum refiners and markets further downstream, the industry’s...
Global Refined Petroleum Products Market to Reach US$3.1 Trillion by the Year 2027 Amid the COVID-19 crisis, the global market for Refined Petroleum Products estimated at US$2.1 Trillion in the year 2020, is projected to reach a revised size of US$3.1 Trillion by 2027, growing at a CAGR of 5.5% over the analysis period 2020-2027.Diesel,...