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

Flow on: A worsening oil and natural gas price index is expected to hamper industry revenue growth

The Organic Chemical Pipeline Transportation industry transports various industrial and organic chemicals via pipeline. Revenue is dictated by pipeline throughput and fees charged to customers for transportation services. Carbon dioxide (CO2) transportation is the industry's largest service segment; it is commonly used to enhance well flow in oilfields. The use of natural gas accounts for more than 60.0% of all enhanced oil recovery production (EOR) in the United States. Industry services are also required to transport various chemicals to many other industrial producers; however, energy markets have an unequivocal influence on the industry. Revenue has declined although US energy production soared and oilfields required more CO2 for EOR, it was subdued by uninspired energy prices. Demand from energy producers and most other industrial companies has also been hampered by the global economic lockdown in response to the COVID-19 pandemic.

Operators in this industry provide pipeline transportation services for chemical products such as carbon dioxide and ammonia. Pipeline operators that transport crude oil, refined petroleum products, natural gas and natural gas liquids are excluded from this industry.

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.