The most exciting when it comes to Asia-Pacific Oil & Gas Pipeline Market

The most exciting is inter alia: the huge population, which is the major factor for rising demand for energy from these countries. Growth in Asia-Pacific oil & gas pipeline market can also be attributed to construction of new pipelines as well as upgradation of existing pipelines.
According to Research and Markets, the Asia-Pacific oil & gas pipeline market is projected to reach $ 19.16 billion by 2022.
Few of the leading players in Asia-Pacific oil & gas pipeline market includes China National Petroleum Corporation, CHELPIPE, National Oilwell Varco, Welspun Corporation Limited, Maharashtra Seamless Limited, General Electric, TechnipFMC, and Subsea.
Market Drivers:
  • Crude Oil Prices Influencing Investments in Pipeline Infrastructure
  • Digitalization in Pipeline Infrastructure
  • Expansion in City Gas Distribution Network
  • Surging Drilling Contracts and Exploration Investments
  • Demand From Downstream Applications
  • Development of Shale Gas and Synthetic Natural Gas
  • Rising Production from Offshore Fields.


Popular Posts