Refined Petroleum Pipeline Transportation in the US - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

In the pipeline: Restored industrial production will bolster demand for diesel fuel and natural gas liquid, supporting revenue growth

The industry has performed well in recent years despite volatile energy prices. Higher transport fees enabled transporters to receive favorable tariff hikes from the Federal Energy Regulatory Commission (FERC), which dictates these fees. So greater domestic refinery output during the period has led to higher transportation volumes. Industry performance depends mostly on these volumes, insulating operators from direct commodity price volatility. Despite revenue falling in 2020 in the wake of the COVID-19 pandemic, the strong rebound has seen revenue surge higher than pre-pandemic levels. Industry revenue has decreased at a CAGR of 3.3% to $13.6 billion over the past five years, including an increase of 2.4% in 2023 alone.

Operators in this industry transport refined petroleum products via pipeline systems. The major products transported are gasoline, diesel and aviation fuel. Pipelines that carry natural gas liquids are also included.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.