Offshore Pipeline Market Size, Share and Forecast 2019-2026

SKU: DEU95 | Last Updated On: Nov 08 2019 | No. of Pages: 196 | Available Formats

In September 2019, Connector Subsea Solutions (CSS) has signed an agreement for the acquisition of Hydratight’s MORGRIP Connector business in Walsall, UK.

Market Overview

An offshore pipeline is laid on the seabed or below it inside a trench. In some cases, the pipeline is mostly on-land but in places it crosses water expanses, such as small seas, straits, and rivers. Offshore pipelines are used primarily to carry oil or gas, but transportation of water is also important. The attention to offshore pipelines is increasing, due to the world’s hunger for energy will not decrease so quickly. On the other hand, more and more onshore oil and gas fields are being shut down and more and more offshore storage facilities are being developed.

The global Offshore Pipeline market size was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of 6.7% during the forecast period.

Market Dynamics

Rising demand for crude oil & natural gas worldwide is the major driving factor for the growth of the offshore pipeline market. Global oil demand rose by 1.3% in 2018, led by strong growth in the United States. The United States and China showed the largest overall growth. The United States showed the largest overall growth at 540 kb/d, followed by China. The strong expansion of petrochemical demand in the United States boosted consumption, which also benefited from a rise in industrial production and a very strong demand for trucking services. Adding to this, Air traffic volumes have increased significantly in recent years, particularly in China and India. Jet fuel has become a major contributor to higher oil consumption. Last year, it accounted for 20% of total global oil demand growth as per IEA.

However, High construction cost is the key restraint hindering the market growth. The cost and time are always very critical and if the water depth exceeds diving depth diver-less repair systems will be required that need huge money. Such systems are not off the shelf systems and require a lot of tailor-made qualifications for the pipeline and on-site requirements.

Market Segmentation

Based on the material types, the offshore pipeline market is classified into steel pipelines, duplex pipelines, steel chromium pipelines, flexible pipelines, and others. Others include specialty plastics and stainless steel. The global offshore pipeline market size by flexible pipelines was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period. The flexible pipe features high-pressure resistance and excellent bending characteristics, providing flexibility and superior dynamic performance.

The combination of plastic and steel layers can be easily adapted to the diverse requirements of subsea developments. In addition, the flexible pipe can be easily retrieved to be reused on another field development or for decommissioning. Manufacturers are focusing to design and manufacture of flexible pipes. For instance, TechnipFMC is leading the industry in the development of flexible pipe.

By product, the offshore pipeline market is segmented into refined products, gas, and oil. The global offshore pipeline market size by refined products was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period.

By pipeline type, the offshore pipeline market is divided into export pipelines, transmission pipelines and infield pipelines. The global offshore pipeline market size by infield pipelines was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period.

Geographical Analysis

The Asia Pacific offshore pipeline market size was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period. The Asia Pacific is expected to dominate the major market share in the forecast period due to the rise in the usage of natural gas and oil in different applications and industries. Asia Pacific is projected to be one of the crucial markets for oil and gas worldwide. The projects in Asia Pacific are increasing and producing millions of LNG per annum. For instance, The Ichthys Project is expected to produce 8.4 million t of LNG and 1.6 million t of LPG per annum, along with approximately 100,000 barrels of condensate per day at peak.

Gas from the Ichthys Field, in the Browse Basin, approximately 200 km offshore of Western Australia, will undergo preliminary processing offshore to remove water and extract condensate, prior to the longest trunk line ever laid in the Asia Pacific. Saipem’s scope of work, under an EPIC contract, consists of the Engineering, Procurement, Construction, and Installation of an 889 km, 42” subsea pipeline, in water depths of up to 275 m, connecting the offshore central processing facility to the onshore processing facility in Darwin.

Competitive Landscape

The Offshore Pipeline market is competitive with existing players in the market. Some of the major players include Enbridge Inc, Cortez Subsea, Fugro, McDermott, Saipem, TechnipFMC plc, Penspen, Sapura Energy Berhad, Atteris and Senaat. Companies are focusing to acquire in order to increase their market share to sustain in the market.

In September 2019, Connector Subsea Solutions (CSS) has signed an agreement for the acquisition of Hydratight’s MORGRIP Connector business in Walsall, UK. The MORGRIP Connector business will become an integral part of CSS’s extensive repair and modification services for subsea and deepwater pipeline repair.

For instance, In July 2019, Williams acquired a deepwater natural gas pipeline system that connects offshore output to its Mobile Bay processing plant and provides opportunities to boost future volumes on its network through expansion.

Furthermore, Saipem has continued its growth by acquiring Bouygues Offshore and Sofresid in France, Moss Maritime in Norway, IDPE in India and Snamprogetti in Italy, and by carrying out a multibillion investment program into the expansion of its offshore construction and drilling fleets.

 

Why Purchase the Report?

  • Visualize the composition of the offshore pipeline in terms of various types of products, pipeline types, material types and their pipeline constructions highlighting the key commercial assets and players.

  • Identify commercial opportunities in the offshore pipeline market by analyzing trends and co-development deals.

  • Excel data sheet with thousands of data points of offshore pipeline market-level 4/5 segmentation.

  • A PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.

  • Product mapping in excel for the key product of all major market players

 

The Offshore Pipeline report would provide access to an approx., 65 data tables, 54 figures, and 175 pages.

 

Target Audience

  • Service Providers/ Buyers

  • Industry Investors/Investment Bankers

  • Education & Research Institutes

  • Research Professionals

  • Emerging Companies

  • Manufacturers

  1. Offshore Pipeline Market Methodology and Scope

    1. Research Methodology
    2. Research Objective and Scope of the Report
  2. Offshore Pipeline Market – Market Definition and Overview

  3. Offshore Pipeline Market – Executive Summary

    1. Market Snippet by Product
    2. Market Snippet by Pipeline Type
    3. Market Snippet by Material Type
    4. Market Snippet by Region
  4. Offshore Pipeline Market Dynamics

    1. Market Impacting Factors
      1. Drivers
        1. Rising demand for crude oil & natural gas worldwide
      2. Restraints
        1. High construction cost
      3. Opportunity
      4. Impact Analysis
  5. Offshore Pipeline Market – Industry Analysis

    1. Porter's Five Forces Analysis
    2. Regulatory Analysis
    3. Supply Chain Analysis
  6. Offshore Pipeline Market – By Product

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      2. Market Attractiveness Index, By Product
    2. Refined Products*
      1. Introduction
      2. Market Size Analysis, USD Million, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
    3. Gas
    4. Oil
  7. Offshore Pipeline Market – By Pipeline Type

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Pipeline Type
      2. Market Attractiveness Index, By Pipeline Type
    2. Export Pipelines*
      1. Introduction
      2. Market Size Analysis, USD Million, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
    3. Transmission Pipelines
    4. Infield Pipelines
  8. Offshore Pipeline Market – By Material Types

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material Types
      2. Market Attractiveness Index, By Material Types
    2. Steel Pipelines*
      1. Introduction
      2. Market Size Analysis, USD Million, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
    3. Duplex Pipelines
    4. Steel chromium pipelines
    5. Flexible Pipelines
    6. Others (Specialty Plastics, Stainless Steel)
  9. Offshore Pipeline Market - By Region

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
      2. Market Attractiveness Index, By Region
    2. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Pipeline Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material Type
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. U.S.
        2. Canada
        3. Mexico
    3. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Pipeline Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material Type
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    4. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Pipeline Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material Type
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    5. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Pipeline Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material Type
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    6. Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Pipeline Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material Type
  10. Offshore Pipeline Market Competitive Landscape

    1. Competitive Scenario
    2. Market Positioning/Share Analysis
    3. Mergers and Acquisitions Analysis
  11. Offshore Pipeline Market Company Profiles

    1. Enbridge Inc*
      1. Company Overview
      2. Product Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Cortez Subsea
    3. Fugro
    4. McDermott
    5. Saipem
    6. TechnipFMC plc
    7. Penspen
    8. Sapura Energy Berhad
    9. Atteris
    10. Senaat ("List not exhaustive")
  12. Offshore Pipeline Market – DataM

    1. Appendix
    2. About Us and Services
    3. Contact Us

LIST OF TABLES:

Table 01 Global Offshore Pipeline Market Value, By Product, 2018,2022 & 2026 (USD Million)

Table 02 Global Offshore Pipeline Market Value, By Pipeline Type, 2018,2022 & 2026 (USD Million)

Table 03 Global Offshore Pipeline Market Value, By Material Types, 2018,2022 & 2026 (USD Million)

Table 04 Global Offshore Pipeline Market Value, By Region, 2018,2022 & 2026 (USD Million)

Table 05 Global Offshore Pipeline Market Value, By Product, 2018,2022 & 2026 (USD Million)

Table 06 Global Offshore Pipeline Market Value, By Product, 2017-2026 (USD Million)

Table 07 Global Offshore Pipeline Market Value, By Pipeline Type, 2018,2022 & 2026 (USD Million)

Table 08 Global Offshore Pipeline Market Value, By Pipeline Type, 2017-2026 (USD Million)

Table 09 Global Offshore Pipeline Market Value, By Material Types, 2018,2022 & 2026 (USD Million)

Table 10 Global Offshore Pipeline Market Value, By Material Types, 2017-2026 (USD Million)

Table 11 Global Offshore Pipeline Market Value, By Region, 2018,2022 & 2026 (USD Million)

Table 12 Global Offshore Pipeline Market Value, By Region, 2017-2026 (USD Million)

Table 13 North America Offshore Pipeline Market Value, By Product, 2017-2026 (USD Million)

Table 14 North America Offshore Pipeline Market Value, By Pipeline Type, 2017-2026 (USD Million)

Table 15 North America Offshore Pipeline Market Value, By Material Types, 2017-2026 (USD Million)

Table 16 North America Offshore Pipeline Market Value, By Country, 2017-2026 (USD Million)

Table 17 South America Offshore Pipeline Market Value, By Product, 2017-2026 (USD Million)

Table 18 South America Offshore Pipeline Market Value, By Pipeline Type, 2017-2026 (USD Million)

Table 19 South America Offshore Pipeline Market Value, By Material Types, 2017-2026 (USD Million)

Table 20 South America Offshore Pipeline Market Value, By Country, 2017-2026 (USD Million)

Table 21 Europe Offshore Pipeline Market Value, By Product, 2017-2026 (USD Million)

Table 22 Europe Offshore Pipeline Market Value, By Pipeline Type, 2017-2026 (USD Million)

Table 23 Europe Offshore Pipeline Market Value, By Material Types, 2017-2026 (USD Million)

Table 24 Europe Offshore Pipeline Market Value, By Country, 2017-2026 (USD Million)

Table 25 Asia-Pacific Offshore Pipeline Market Value, By Product, 2017-2026 (USD Million)

Table 26 Asia-Pacific Offshore Pipeline Market Value, By Pipeline Type, 2017-2026 (USD Million)

Table 27 Asia-Pacific Offshore Pipeline Market Value, By Material Types, 2017-2026 (USD Million)

Table 28 Asia-Pacific Offshore Pipeline Market Value, By Country, 2017-2026 (USD Million)

Table 29 Middle East & Africa Offshore Pipeline Market Value, By Product, 2017-2026 (USD Million)

Table 30 Middle East & Africa Offshore Pipeline Market Value, By Pipeline Type, 2017-2026 (USD Million)

Table 31 Middle East & Africa Offshore Pipeline Market Value, By Material Types, 2017-2026 (USD Million)

Table 32 Enbridge Inc: Overview

Table 33 Enbridge Inc: Product Portfolio

Table 34 Enbridge Inc: Key Developments

Table 35 Cortez Subsea: Overview

Table 36 Cortez Subsea: Product Portfolio

Table 37 Cortez Subsea: Key Developments

Table 38 Fugro: Overview

Table 39 Fugro: Product Portfolio

Table 40 Fugro: Key Developments

Table 41 McDermott: Overview

Table 42 McDermott: Product Portfolio

Table 43 McDermott: Key Developments

Table 44 Saipem: Overview

Table 45 Saipem: Product Portfolio

Table 46 Saipem: Key Developments

Table 47 TechnipFMC plc: Overview

Table 48 TechnipFMC plc: Product Portfolio

Table 49 TechnipFMC plc: Key Developments

Table 50 Penspen: Overview

Table 51 Penspen: Product Portfolio

Table 52 Penspen: Key Developments

Table 53 Sapura Energy Berhad: Overview

Table 54 Sapura Energy Berhad: Product Portfolio

Table 55 Sapura Energy Berhad: Key Developments

Table 56 Atteris: Overview

Table 57 Atteris: Product Portfolio

Table 58 Atteris: Key Developments

Table 59 Senaat: Overview

Table 60 Senaat: Product Portfolio

Table 61 Senaat: Key Developments

 

LIST OF FIGURES:

Figure 01 Global Offshore Pipeline Market Share, By Product, 2018 & 2026 (%)

Figure 02 Global Offshore Pipeline Market Share, By Pipeline Type, 2018 & 2026 (%)

Figure 03 Global Offshore Pipeline Market Share, By Material Types, 2018 & 2026 (%)

Figure 04 Global Offshore Pipeline Market Share, By Region, 2018 & 2026 (%)

Figure 05 Global Offshore Pipeline Market Value, 2017-2026 (USD Million)

Figure 06 Global Offshore Pipeline Market Y-o-Y Growth, By Product, 2018-2026 (%)

Figure 07 Refined Products: Global Offshore Pipeline Market Value, 2017-2026 (USD Million)

Figure 08 Gas: Global Offshore Pipeline Market Value, 2017-2026 (USD Million)

Figure 09 oil: Global Offshore Pipeline Market Value, 2017-2026 (USD Million)

Figure 10 Global Offshore Pipeline Market Y-o-Y Growth, By Pipeline Type, 2018-2026 (%)

Figure 11 Export Pipelines: Global Offshore Pipeline Market Value, 2017-2026 (USD Million)

Figure 12 Transmission Pipelines: Global Offshore Pipeline Market Value, 2017-2026 (USD Million)

Figure 13 Infield Pipelines: Global Offshore Pipeline Market Value, 2017-2026 (USD Million)

Figure 14 Global Offshore Pipeline Market Y-o-Y Growth, By Material Types, 2018-2026 (%)

Figure 15 Steel Pipelines: Global Offshore Pipeline Market Value, 2017-2026 (USD Million)

Figure 16 Duplex Pipelines: Global Offshore Pipeline Market Value, 2017-2026 (USD Million)

Figure 17 Steel chromium pipelines: Global Offshore Pipeline Market Value, 2017-2026 (USD Million)

Figure 18 Flexible Pipelines: Global Offshore Pipeline Market Value, 2017-2026 (USD Million)

Figure 19 Others: Global Offshore Pipeline Market Value, 2017-2026 (USD Million)

Figure 20 Global Offshore Pipeline Market Y-o-Y Growth, By Region, 2018-2026 (%)

Figure 21 North America Offshore Pipeline Market Value, 2017-2026 (USD Million)

Figure 22 North America Offshore Pipeline Market Share, By Product, 2018 & 2026 (%)

Figure 23 North America Offshore Pipeline Market Share, By Pipeline Type, 2018 & 2026 (%)

Figure 24 North America Offshore Pipeline Market Share, By Material Types, 2018 & 2026 (%)

Figure 25 North America Offshore Pipeline Market Share, By Country, 2018 & 2026 (%)

Figure 26 South America Offshore Pipeline Market Value, 2017-2026 (USD Million)

Figure 27 South America Offshore Pipeline Market Share, By Product, 2018 & 2026 (%)

Figure 28 South America Offshore Pipeline Market Share, By Pipeline Type, 2018 & 2026 (%)

Figure 29 South America Offshore Pipeline Market Share, By Material Types, 2018 & 2026 (%)

Figure 30 South America Offshore Pipeline Market Share, By Country, 2018 & 2026 (%)

Figure 31 Europe Offshore Pipeline Market Value, 2017-2026 (USD Million)

Figure 32 Europe Offshore Pipeline Market Share, By Product, 2018 & 2026 (%)

Figure 33 Europe Offshore Pipeline Market Share, By Pipeline Type, 2018 & 2026 (%)

Figure 34 Europe Offshore Pipeline Market Share, By Material Types, 2018 & 2026 (%)

Figure 35 Europe Offshore Pipeline Market Share, By Country, 2018 & 2026 (%)

Figure 36 Asia-Pacific Offshore Pipeline Market Value, 2017-2026 (USD Million)

Figure 37 Asia-Pacific Offshore Pipeline Market Share, By Product, 2018 & 2026 (%)

Figure 38 Asia-Pacific Offshore Pipeline Market Share, By Pipeline Type, 2018 & 2026 (%)

Figure 39 Asia-Pacific Offshore Pipeline Market Share, By Material Types, 2018 & 2026 (%)

Figure 40 Asia-Pacific Offshore Pipeline Market Share, By Country, 2018 & 2026 (%)

Figure 41 Middle East & Africa Offshore Pipeline Market Value, 2017-2026 (USD Million)

Figure 42 Middle East & Africa Offshore Pipeline Market Share, By Product, 2018 & 2026 (%)

Figure 43 Middle East & Africa Offshore Pipeline Market Share, By Pipeline Type, 2018 & 2026 (%)

Figure 44 Middle East & Africa Offshore Pipeline Market Share, By Material Types, 2018 & 2026 (%)

Figure 45 Enbridge Inc: Financials

Figure 46 Cortez Subsea: Financials

Figure 47 Fugro: Financials

Figure 48 McDermott: Financials

Figure 49 Saipem: Financials

Figure 50 TechnipFMC plc: Financials

Figure 51 Penspen: Financials

Figure 52 Sapura Energy Berhad: Financials

Figure 53 Atteris: Financials

Figure 54 Senaat: Financials

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