Crude Oil Pipeline Transport Market Report 2026

The crude oil pipeline transport market size has grown strongly in recent years. It will grow from $72.93 billion in 2025 to $78.28 billion in 2026 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to expansion of crude oil production activities, development of long-distance pipeline networks, increasing investments in pipeline infrastructure, adoption of basic pipeline automation systems, regulatory emphasis on safe oil transportation.

The crude oil pipeline transport market size is expected to see strong growth in the next few years. It will grow to $105.41 billion in 2030 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to expansion of cross-border pipeline projects, rising investments in digital pipeline management, growing focus on emission and spill prevention, increasing use of predictive maintenance technologies, modernization of aging pipeline infrastructure. Major trends in the forecast period include increasing deployment of smart pipeline monitoring systems, rising adoption of leak detection and integrity management solutions, growing use of automation and control technologies, expansion of high-pressure transmission pipelines, enhanced focus on operational safety and compliance.

The rising level of investment in infrastructure is expected to drive the growth of the crude oil pipeline transport market in the coming years. Infrastructure includes the fundamental systems and structures required for the functioning of an economy or organization. Crude oil pipelines are a vital part of this infrastructure, offering a dependable and environmentally efficient solution for transporting large quantities of oil over long distances. For example, in May 2023, according to Global Energy Monitor, a US-based non-profit organization, Africa and the Middle East together accounted for 49% of all oil transmission pipelines under construction worldwide in 2023. Globally, pipelines under development totaled approximately 31,000 kilometers, representing nearly a 30% increase compared to 2022. Therefore, increased infrastructure investment is driving the expansion of the crude oil pipeline transport market.

Companies operating in the crude oil pipeline transport market are increasingly focusing on advanced inspection technologies, such as ultrasonic inline inspection tools, to improve pipeline safety, reliability, and operational efficiency. Ultrasonic inline inspection tools are non-destructive testing solutions that use high-frequency sound waves transmitted through pipeline walls to identify internal and external defects, enabling accurate wall-thickness measurement, crack detection, and corrosion analysis. For instance, in October 2024, NDT Global, a Germany-based provider of pipeline inspection and integrity assessment solutions, introduced a 56-inch ultrasonic inline pipeline inspection tool. This advanced technology is designed to support integrity management of large-diameter crude oil pipelines and features high-resolution ultrasonic sensors, full-circumference wall coverage, and the capability to inspect thick-walled pipelines. The new inspection tool enhances integrity monitoring, reduces the likelihood of failures and leaks, and supports safer and more efficient crude oil transportation.

In November 2023, Exxon Mobil Corporation, a US-based oil and gas company, acquired Denbury Inc. for $4.9 billion. Through this acquisition, Exxon Mobil aims to strengthen its Low Carbon Solutions business while expanding and optimizing its pipeline network to support the decarbonization requirements of industrial customers. Denbury Inc. is a US-based company specializing in crude oil pipeline transportation.

Major companies operating in the crude oil pipeline transport market are ABB Ltd., Emerson Electric Co., TechnipFMC PLC, Schneider Electric SE, Environmental Systems Research Institute Inc. (ESRI), Rockwell Automation Inc., Siemens Energy AG, Trimble Inc., John Wood Group PLC, Tenaris S.A., TMK Group, ChelPipe Group, Huawei Technologies Co Ltd., Honeywell International Inc., TC Energy Corporation, Enbridge Inc., Kinder Morgan Inc., Magellan Midstream Partners LP, Phillips 66 Partners LP, Enterprise Products Partners LP, Marathon Petroleum Corp., Colonial Pipeline Co., Explorer Pipeline Co., Plains GP Holdings LP, Western Refining Logistics LP, Delek Logistics Partners LP, SemGroup Corp., Targa Resources Corp., Williams Cos. Inc., Dominion Energy Inc.

North America was the largest region in the crude oil pipeline transport market in 2025. Asia-Pacific is expected to be the fastest-growing region in the crude oil pipeline transport market report during the forecast period. The regions covered in the crude oil pipeline transport market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the crude oil pipeline transport market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The crude oil pipeline transport market includes revenues earned by entities by providing cathodic protection facility, oil storage facility, pumping facility, reception facility, operational control and monitoring system, and more. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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