Pipeline Equipment Market By Application, By End Use: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Abundant natural gas resources and presence of large-scale projects
3.4.1.2. The growing global offshore rig count and exploration for resources
3.4.2. Restraints
3.4.2.1. Presence of intrusion and leakage detection during the transportation of materials through the pipeline
3.4.3. Opportunities
3.4.3.1. Extensive expansion of oil and gas resources
3.5. COVID-19 Impact Analysis on the market
3.6. Key Regulation Analysis
3.7. Value Chain Analysis

CHAPTER 4: PIPELINE EQUIPMENT MARKET, BY APPLICATION
4.1. Overview
4.1.1. Market size and forecast
4.2. Liquid Pipeline
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Gas Pipeline
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country

CHAPTER 5: PIPELINE EQUIPMENT MARKET, BY END USE
5.1. Overview
5.1.1. Market size and forecast
5.2. Oil and Gas
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Chemical
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Water and Wastewater
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
5.5. Energy
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market share analysis by country
5.6. Others
5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market share analysis by country

CHAPTER 6: PIPELINE EQUIPMENT MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast By Region
6.2. North America
6.2.1. Key trends and opportunities
6.2.2. Market size and forecast, by Application
6.2.3. Market size and forecast, by End Use
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. Key market trends, growth factors and opportunities
6.2.4.1.2. Market size and forecast, by Application
6.2.4.1.3. Market size and forecast, by End Use
6.2.4.2. Canada
6.2.4.2.1. Key market trends, growth factors and opportunities
6.2.4.2.2. Market size and forecast, by Application
6.2.4.2.3. Market size and forecast, by End Use
6.2.4.3. Mexico
6.2.4.3.1. Key market trends, growth factors and opportunities
6.2.4.3.2. Market size and forecast, by Application
6.2.4.3.3. Market size and forecast, by End Use
6.3. Europe
6.3.1. Key trends and opportunities
6.3.2. Market size and forecast, by Application
6.3.3. Market size and forecast, by End Use
6.3.4. Market size and forecast, by country
6.3.4.1. Germany
6.3.4.1.1. Key market trends, growth factors and opportunities
6.3.4.1.2. Market size and forecast, by Application
6.3.4.1.3. Market size and forecast, by End Use
6.3.4.2. France
6.3.4.2.1. Key market trends, growth factors and opportunities
6.3.4.2.2. Market size and forecast, by Application
6.3.4.2.3. Market size and forecast, by End Use
6.3.4.3. Italy
6.3.4.3.1. Key market trends, growth factors and opportunities
6.3.4.3.2. Market size and forecast, by Application
6.3.4.3.3. Market size and forecast, by End Use
6.3.4.4. Spain
6.3.4.4.1. Key market trends, growth factors and opportunities
6.3.4.4.2. Market size and forecast, by Application
6.3.4.4.3. Market size and forecast, by End Use
6.3.4.5. UK
6.3.4.5.1. Key market trends, growth factors and opportunities
6.3.4.5.2. Market size and forecast, by Application
6.3.4.5.3. Market size and forecast, by End Use
6.3.4.6. Rest of Europe
6.3.4.6.1. Key market trends, growth factors and opportunities
6.3.4.6.2. Market size and forecast, by Application
6.3.4.6.3. Market size and forecast, by End Use
6.4. Asia-Pacific
6.4.1. Key trends and opportunities
6.4.2. Market size and forecast, by Application
6.4.3. Market size and forecast, by End Use
6.4.4. Market size and forecast, by country
6.4.4.1. China
6.4.4.1.1. Key market trends, growth factors and opportunities
6.4.4.1.2. Market size and forecast, by Application
6.4.4.1.3. Market size and forecast, by End Use
6.4.4.2. Japan
6.4.4.2.1. Key market trends, growth factors and opportunities
6.4.4.2.2. Market size and forecast, by Application
6.4.4.2.3. Market size and forecast, by End Use
6.4.4.3. India
6.4.4.3.1. Key market trends, growth factors and opportunities
6.4.4.3.2. Market size and forecast, by Application
6.4.4.3.3. Market size and forecast, by End Use
6.4.4.4. South Korea
6.4.4.4.1. Key market trends, growth factors and opportunities
6.4.4.4.2. Market size and forecast, by Application
6.4.4.4.3. Market size and forecast, by End Use
6.4.4.5. Rest of Asia-Pacific
6.4.4.5.1. Key market trends, growth factors and opportunities
6.4.4.5.2. Market size and forecast, by Application
6.4.4.5.3. Market size and forecast, by End Use
6.5. LAMEA
6.5.1. Key trends and opportunities
6.5.2. Market size and forecast, by Application
6.5.3. Market size and forecast, by End Use
6.5.4. Market size and forecast, by country
6.5.4.1. Brazil
6.5.4.1.1. Key market trends, growth factors and opportunities
6.5.4.1.2. Market size and forecast, by Application
6.5.4.1.3. Market size and forecast, by End Use
6.5.4.2. Saudi Arabia
6.5.4.2.1. Key market trends, growth factors and opportunities
6.5.4.2.2. Market size and forecast, by Application
6.5.4.2.3. Market size and forecast, by End Use
6.5.4.3. South Africa
6.5.4.3.1. Key market trends, growth factors and opportunities
6.5.4.3.2. Market size and forecast, by Application
6.5.4.3.3. Market size and forecast, by End Use
6.5.4.4. Rest of LAMEA
6.5.4.4.1. Key market trends, growth factors and opportunities
6.5.4.4.2. Market size and forecast, by Application
6.5.4.4.3. Market size and forecast, by End Use

CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning Strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2021

CHAPTER 8: COMPANY PROFILES
8.1. Destec Engineering Limited
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.2. Arnco
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.3. Arabian Oilfield Supplies & Services
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.4. Aqueterra Group Ltd
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.5. Weir Oil & Gas
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.5.6. Business performance
8.6. Siderforgerossi Group SpA
8.6.1. Company overview
8.6.2. Key Executives
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.7. Fittinox S.R.L.
8.7.1. Company overview
8.7.2. Key Executives
8.7.3. Company snapshot
8.7.4. Operating business segments
8.7.5. Product portfolio
8.8. LTS Energy
8.8.1. Company overview
8.8.2. Key Executives
8.8.3. Company snapshot
8.8.4. Operating business segments
8.8.5. Product portfolio
8.9. RBV Energy
8.9.1. Company overview
8.9.2. Key Executives
8.9.3. Company snapshot
8.9.4. Operating business segments
8.9.5. Product portfolio
8.10. AFG Holdings, Inc.
8.10.1. Company overview
8.10.2. Key Executives
8.10.3. Company snapshot
8.10.4. Operating business segments
8.10.5. Product portfolio
8.11. Avesta Steels & Alloys
8.11.1. Company overview
8.11.2. Key Executives
8.11.3. Company snapshot
8.11.4. Operating business segments
8.11.5. Product portfolio

List of Tables
Table 01. Global Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 02. Pipeline Equipment Market for Liquid Pipeline, by Region, 2021-2031 (Revenue, $Million)
Table 03. Pipeline Equipment Market for Gas Pipeline, by Region, 2021-2031 (Revenue, $Million)
Table 04. Global Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 05. Pipeline Equipment Market for Oil and Gas, by Region, 2021-2031 (Revenue, $Million)
Table 06. Pipeline Equipment Market for Chemical, by Region, 2021-2031 (Revenue, $Million)
Table 07. Pipeline Equipment Market for Water and Wastewater, by Region, 2021-2031 (Revenue, $Million)
Table 08. Pipeline Equipment Market for Energy, by Region, 2021-2031 (Revenue, $Million)
Table 09. Pipeline Equipment Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 10. Pipeline Equipment Market, by Region, 2021-2031 (Revenue, $Million)
Table 11. North America Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 12. North America Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 13. North America Pipeline Equipment Market, by Country, 2021-2031 (Revenue, $Million)
Table 14. U.S. Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 15. U.S. Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 16. Canada Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 17. Canada Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 18. Mexico Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 19. Mexico Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 20. Europe Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 21. Europe Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 22. Europe Pipeline Equipment Market, by Country, 2021-2031 (Revenue, $Million)
Table 23. Germany Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 24. Germany Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 25. France Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 26. France Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 27. Italy Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 28. Italy Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 29. Spain Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 30. Spain Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 31. UK Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 32. UK Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 33. Rest of Europe Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 34. Rest of Europe Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 35. Asia-Pacific Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 36. Asia-Pacific Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 37. Asia-Pacific Pipeline Equipment Market, by Country, 2021-2031 (Revenue, $Million)
Table 38. China Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 39. China Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 40. Japan Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 41. Japan Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 42. India Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 43. India Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 44. South Korea Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 45. South Korea Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 46. Rest of Asia-Pacific Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 47. Rest of Asia-Pacific Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 48. LAMEA Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 49. LAMEA Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 50. LAMEA Pipeline Equipment Market, by Country, 2021-2031 (Revenue, $Million)
Table 51. Brazil Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 52. Brazil Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 53. Saudi Arabia Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 54. Saudi Arabia Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 55. South Africa Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 56. South Africa Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 57. Rest of LAMEA Pipeline Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 58. Rest of LAMEA Pipeline Equipment Market, by End Use, 2021-2031 (Revenue, $Million)
Table 59. Destec Engineering Limited: Key Executives
Table 60. Destec Engineering Limited: Company Snapshot
Table 61. Destec Engineering Limited: Product Segments
Table 62. Destec Engineering Limited: Product Portfolio
Table 63. Arnco: Key Executives
Table 64. Arnco: Company Snapshot
Table 65. Arnco: Product Segments
Table 66. Arnco: Product Portfolio
Table 67. Arabian Oilfield Supplies & Services: Key Executives
Table 68. Arabian Oilfield Supplies & Services: Company Snapshot
Table 69. Arabian Oilfield Supplies & Services: Product Segments
Table 70. Arabian Oilfield Supplies & Services: Product Portfolio
Table 71. Aqueterra Group Ltd.: Key Executives
Table 72. Aqueterra Group Ltd.: Company Snapshot
Table 73. Aqueterra Group Ltd.: Product Segments
Table 74. Aqueterra Group Ltd.: Product Portfolio
Table 75. Weir Oil & Gas: Key Executives
Table 76. Weir Oil & Gas: Company Snapshot
Table 77. Weir Oil & Gas: Product Segments
Table 78. Weir Oil & Gas: Product Portfolio
Table 79. Siderforgerossi Group Spa: Key Executives
Table 80. Siderforgerossi Group Spa: Company Snapshot
Table 81. Siderforgerossi Group Spa: Product Segments
Table 82. Siderforgerossi Group Spa: Product Portfolio
Table 83. Fittinox S.R.L.: Key Executives
Table 84. Fittinox S.R.L.: Company Snapshot
Table 85. Fittinox S.R.L.: Product Segments
Table 86. Fittinox S.R.L.: Product Portfolio
Table 87. Lts Energy: Key Executives
Table 88. Lts Energy: Company Snapshot
Table 89. Lts Energy: Product Segments
Table 90. Lts Energy: Service Segments
Table 91. Lts Energy: Product Portfolio
Table 92. Rbv Energy: Key Executives
Table 93. Rbv Energy: Company Snapshot
Table 94. Rbv Energy: Product Segments
Table 95. Rbv Energy: Service Segments
Table 96. Rbv Energy: Product Portfolio
Table 97. Afg Holdings, Inc.: Key Executives
Table 98. Afg Holdings, Inc.: Company Snapshot
Table 99. Afg Holdings, Inc.: Product Segments
Table 100. Afg Holdings, Inc.: Product Portfolio
Table 101. Avesta Steels & Alloys: Key Executives
Table 102. Avesta Steels & Alloys: Company Snapshot
Table 103. Avesta Steels & Alloys: Product Segments
Table 104. Avesta Steels & Alloys: Product Portfolio

List of Figures
Figure 01. Pipeline Equipment Market, 2021-2031
Figure 02. Segmentation of Pipeline Equipment Market, 2021-2031
Figure 03. Top Investment Pockets in Pipeline Equipment Market (2022-2031)
Figure 04. Low Bargaining Power of Suppliers
Figure 05. Low Bargaining Power of Buyers
Figure 06. Low Threat of Substitutes
Figure 07. Low Threat of New Entrants
Figure 08. Low Intensity of Rivalry
Figure 09. Drivers, Restraints and Opportunities: Globalpipeline Equipment Market
Figure 10. Impact of Key Regulation: Pipeline Equipment Market
Figure 11. Value Chain Analysis: Pipeline Equipment Market
Figure 12. Pipeline Equipment Market, by Application, 2021(%)
Figure 13. Comparative Share Analysis of Pipeline Equipment Market for Liquid Pipeline, by Country 2021-2031(%)
Figure 14. Comparative Share Analysis of Pipeline Equipment Market for Gas Pipeline, by Country 2021-2031(%)
Figure 15. Pipeline Equipment Market, by End Use, 2021(%)
Figure 16. Comparative Share Analysis of Pipeline Equipment Market for Oil and Gas, by Country 2021-2031(%)
Figure 17. Comparative Share Analysis of Pipeline Equipment Market for Chemical, by Country 2021-2031(%)
Figure 18. Comparative Share Analysis of Pipeline Equipment Market for Water and Wastewater, by Country 2021-2031(%)
Figure 19. Comparative Share Analysis of Pipeline Equipment Market for Energy, by Country 2021-2031(%)
Figure 20. Comparative Share Analysis of Pipeline Equipment Market for Others, by Country 2021-2031(%)
Figure 21. Pipeline Equipment Market by Region, 2021
Figure 22. U.S. Pipeline Equipment Market, 2021-2031 ($Million)
Figure 23. Canada Pipeline Equipment Market, 2021-2031 ($Million)
Figure 24. Mexico Pipeline Equipment Market, 2021-2031 ($Million)
Figure 25. Germany Pipeline Equipment Market, 2021-2031 ($Million)
Figure 26. France Pipeline Equipment Market, 2021-2031 ($Million)
Figure 27. Italy Pipeline Equipment Market, 2021-2031 ($Million)
Figure 28. Spain Pipeline Equipment Market, 2021-2031 ($Million)
Figure 29. UK Pipeline Equipment Market, 2021-2031 ($Million)
Figure 30. Rest of Europe Pipeline Equipment Market, 2021-2031 ($Million)
Figure 31. China Pipeline Equipment Market, 2021-2031 ($Million)
Figure 32. Japan Pipeline Equipment Market, 2021-2031 ($Million)
Figure 33. India Pipeline Equipment Market, 2021-2031 ($Million)
Figure 34. South Korea Pipeline Equipment Market, 2021-2031 ($Million)
Figure 35. Rest of Asia-Pacific Pipeline Equipment Market, 2021-2031 ($Million)
Figure 36. Brazil Pipeline Equipment Market, 2021-2031 ($Million)
Figure 37. Saudi Arabia Pipeline Equipment Market, 2021-2031 ($Million)
Figure 38. South Africa Pipeline Equipment Market, 2021-2031 ($Million)
Figure 39. Rest of LAMEA Pipeline Equipment Market, 2021-2031 ($Million)
Figure 40. Top Winning Strategies, by Year
Figure 41. Top Winning Strategies, by Development
Figure 42. Top Winning Strategies, by Company
Figure 43. Product Mapping of Top 10 Players
Figure 44. Competitive Dashboard
Figure 45. Competitive Heatmap: Pipeline Equipment Market
Figure 46. Top Player Positioning, 2021
Figure 47. Weir Oil & Gas: Net Revenue, 2019-2021 ($Million)
Figure 48. Weir Oil & Gas: Revenue Share by Segment, 2021 (%)
Figure 49. Weir Oil & Gas: Revenue Share by Region, 2021 (%)

Executive Summary

According to the report titled, 'Pipeline Equipment Market,' the pipeline equipment market was valued at $12.5 billion in 2021, and is estimated to reach $18.7 billion by 2031, growing at a CAGR of 4.2% from 2022 to 2031.

Pipeline equipment is machinery that is frequently used in the construction of pipeline infrastructure for the transportation of oil, gas, and chemical resources. Numerous different kinds of pipes, flanges, valves, OCTG, compressors, and other pieces of machinery make up most of the pipeline equipment.

Oil and gas consumption has increased, which has led to pipeline capacity expansion and the setup of new pipeline projects. The market for oil and gas pipelines is also being driven by an increase in offshore activities like deep-water and ultra-deep-water production and development. However, the global transition to renewable energy sources for generating electricity poses a serious threat to the demand for oil and gas, and the expansion of oil and gas pipeline installation is anticipated to encounter significant difficulties in the years to come.

The use of pipeline equipment is increasing rapidly in various end uses such as oil and gas, chemical, food manufacturing, and water and wastewater industries. Pipelines are the most economical way to transport large quantities of oil, refined oil products, and natural gas over land. There are three types of pipelines that carry oil: gathering systems, crude oil pipeline systems, and refined products pipeline systems. Chemical pipelines are used to transport chemicals from refineries and chemical plants to storage facilities, other processing plants, or distribution facilities. Water pipelines are used for transporting water for drinking or irrigation over long distances. Middle Eastern countries have increased investment in desalination and wastewater management plants, and Saudi Arabia's Saline Water Conversion Corporation has completed a water pipeline tunnel project with a diameter of 8.4 metres and a length of 12.5 km. Additionally, the presence of large-scale wineries and milk-related products for consumption across the globe has led to a demand for pipeline equipment. An increase in population and the development of animal husbandry in an agriculture-based country such as India will provide ample opportunities for the growth of the pipeline equipment market.

Pipeline systems are a crucial part of the transport of fuel, chemicals, and water across the world, with connections to other critical infrastructure such as oilfields, power plants, and airports. During war times, oil pipelines were mainly targeted by military personnel in order to break the energy source of the enemy. Pipelines can be the target of vandalism or sabotage and faces challenges in steady and smooth operations with the need for constant surveillance and monitoring. Many pipelines across the world carry chemically stable and flammable materials over long distances and have to cross water expansions, terrains, and hills leading to an increase in the intrusion and leakage of flammable gas and fuels are all factors hampering the growth of the pipeline equipment market in the forecast period.

The global pipeline equipment market analysis is segmented based on application, the market is divided into liquid pipelines and gas pipelines. By end use, it is divided into oil and gas, chemicals, water & wastewater, energy, and others. By region, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.

Key Findings:

On the basis of application, the gas pipeline segment accounted for 75.0% of the pipeline equipment market share in 2021 and is expected to maintain its dominance during the forecast period.

By end use, the oil & gas segment accounted for the largest revenue share in the global pipeline equipment market in 2021.

Region-wise, North America accounted for the largest market share in the market and is projected to grow at a CAGR of 3.7% during the forecast period.

Key players in the pipeline equipment industry Destec Engineering Limited, Siderforgerossi, LTS Energy, Arnco, Avesta Steels & Alloys, RBV Energy, Fittinox S.R.L., Arabian Oilfield Supplies & Services, Aqueterra Group Ltd., Weir Oil & Gas, and AFG Holdings Inc. These players have adopted various Strategies to gain a higher share or retain leading positions in the market.

IMPACT OF COVID-19 ON THE GLOBAL PIPELINE EQUIPMENT MARKET

The COVID-19 pandemic led to a decline in the demand for the pipeline equipment market due to a decrease in the demand for power generation and chemical manufacturing industries across the globe. In addition, the shutdown of manufacturing industries and the demand for power from various industries have a significant impact on the market. Pipeline projects witnessed delays due to imposed lockdown restrictions in major countries like the U.S., India, and other countries. The decreased gas demand due to the decline in electricity consumption and travel restrictions also negatively affected gas consumption in several countries.

The rising oil and gas consumption and pipeline capacities are being expanded, and new pipeline projects are being commissioned in developing countries to counter pandemic situations in the future. The above-mentioned factors will drive the growth of the global pipeline equipment market.

Companies Mentioned

• Destec Engineering Limited
• Siderforgerossi Group SpA
• LTS Energy
• Arnco
• Avesta Steels & Alloys
• RBV Energy
• Fittinox S.R.L.
• Arabian Oilfield Supplies & Services
• Aqueterra Group Ltd
• Weir Oil & Gas
• AFG Holdings, Inc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.