Global Onshore Oil and Gas Pipeline Consumption Market Synopsis

In this report, PMR Information covers the present scenario with the base year being 2017 and the growth prospects of global Onshore Oil and Gas Pipeline market for 2018-2023

September 2018

In this report, PMR Information covers the present scenario with the base year being 2017 and the growth prospects of global Onshore Oil and Gas Pipeline market for 2018-2023.

Over the next five years, PMR Information projects that Onshore Oil and Gas Pipeline will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

Pipelines associated with the oil and gas business are utilized to transport a multitude of commodities such as crude oil, natural gas, and refined products over various distances. Onshore pipelines are constructed over land and may even stretch across different countries. Onshore pipelines may either be laid underground or above ground. Crude oil and natural gas are found in rock formations in the earths crust. The depths at which oil and gas reservoirs occur can vary from a few meters to more than 40,000 feet. The valuable petroleum resources are extracted by drilling through the surface to the depths where the resources occur.

The leading companies own the advantages on better performance, more abundant products types, better technical and impeccable aftersales service. Consequently, they take the majority of the market share of highend market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: i product development costs; ii capital requirements; iii intellectual property rights; iv regulatory requirement; and v Transitions unfair methods of competition.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.