The pipeline and process services market size has grown strongly in recent years. It will grow from $3.95 billion in 2024 to $4.17 billion in 2025 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to infrastructure rehabilitation, globalization of energy trade, shifts in energy sources, economic factors, infrastructure expansion.
The pipeline and process services market size is expected to see strong growth in the next few years. It will grow to $5.58 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to efficiency and cost reduction, water infrastructure services, geopolitical factors, increasing global energy demand, smart infrastructure development. Major trends in the forecast period include energy transition, maintenance and integrity, automation and digitalization, pipeline expansion projects, environmental regulations.
The rising demand for oil and natural gas is expected to drive the growth of the pipeline and process services market. Oil and natural gas are energy sources derived from fossil fuels, which are formed underground over millions of years from the decomposition of prehistoric organisms. Pipeline and process services play a crucial role in maintaining pipelines throughout their lifecycle, ensuring the uninterrupted transportation of these essential fuels. For example, in September 2024, the India Brand Equity Foundation (IBEF), an Indian government export promotion agency, reported that India's oil demand is projected to double, reaching 11 million barrels per day by 2045. As a result, the increasing demand for oil and natural gas is fueling the growth of the pipeline and process services market.
The expanding manufacturing industry is expected to drive the growth of the pipeline and process services market in the coming years. The manufacturing industry encompasses the sector of the economy involved in producing goods through various processes, typically transforming raw materials or components into finished products. Pipeline and process services within the manufacturing industry offer benefits such as improved efficiency, cost savings, enhanced safety, and compliance with quality and environmental standards, contributing to the overall competitiveness and success of manufacturing operations. For example, in September 2024, a report by the National Association of Manufacturers (NAM), a U.S.-based advocacy group, revealed that value-added output in manufacturing increased from $2.881 trillion annually in Q1 to $2.91 trillion in Q2 of 2024. In Q2, manufacturing accounted for 10% of the total value-added output in the U.S. economy. Moreover, real value-added output in the manufacturing sector rose from $2.337 trillion annually in Q1 to $2.384 trillion in Q2. Consequently, the expanding manufacturing industry is fueling the growth of the pipeline and process services market.
Leading companies in the pipeline and process services market are introducing innovative technologies, such as pipeline inspection tools, to maintain their market presence. A pipeline inspection tool is a specialized device used to evaluate the condition and integrity of pipelines, ensuring their safe and efficient operation. For instance, in September 2022, Dacon Pipeline Services, a Thailand-based company specializing in the inspection of plastic and concrete material pipelines, unveiled a 3 multi-channel ultrasonic pipeline inspection tool. This tool traverses the pipeline, taking continuous measurements at short intervals to create a high-resolution image of the pipeline. The collected data is then processed by software to produce a precise and readable representation of the pipeline.
Leading companies in the pipeline and process services market are focusing on developing innovative products such as NeoCem E+ and EnviraCem cement barrier systems to boost their revenues. EnviraCem cement offers a mass cement reduction of at least 70%, while NeoCem E+ cement provides a reduction of at least 50%. These systems leverage the synergies between the physical and chemical properties of specialist materials and the cement used for zonal isolation. For instance, in November 2022, Halliburton Company, a U.S.-based provider of products and services to the energy industry, introduced NeoCem E+ and EnviraCem cement barrier systems. These reduced-cement systems ensure higher barrier reliability by delivering superior compressive strength and ductility at a lower density than conventional systems, using an innovative tailoring approach. NeoCem E+ cement technology also helps operators reduce carbon emissions and enhance wellbore integrity.
In August 2022, Pipeline Technique, a distinguished UK-based firm specializing in welding, coating, and cutting-edge engineering for onshore and offshore infrastructure, successfully acquired Stanley's oil and gas division. The undisclosed transaction aimed to position Pipeline Technique as a frontrunner in welding, coating, and technical engineering while expanding its market presence, particularly in Brazil. Stanley Oil and Gas, a reputable US-based provider renowned for its pipeline services and cutting-edge equipment, presented Pipeline Technique with an opportunity to fortify its position in the industry and broaden its clientele.
Major companies operating in the pipeline and process services market are Halliburton Company, Baker Hughes Company, EnerMech Ltd., IKM Gruppen AS, Altus Intervention, Ideh Pouyan Energy Co, Trans Asia Pipeline Services, Techfem Spa, Enerpac Tool Group, STEP Energy Services, Chenergy Services Limited, CR Asia Group, Eunisell Limited, Alphaden Energy and Oilfield Limited, Cypress Pipeline & Process Services, Hydratight, Blue Fin Group, Tucker Energy Services, IPEC Ltd., Barnard Construction Company Inc., Sunland Construction Inc., Snelson Companies Inc., STATS Group, Intertek Group PLC, Oil States Industries Inc., T.D. Williamson, MISTRAS Group Inc., Shawcor Ltd., Schlumberger Limited, Weatherford International.
North America was the largest region in the pipeline and process services market share in 2024. The regions covered in the pipeline and process services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the pipeline and process services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Pipeline and process services encompass critical procedures such as pre-commissioning, commissioning, and ongoing maintenance to ensure the optimal functionality of installed pipelines. These services are pivotal for maintaining pipeline integrity while in operation, involving various essential tasks performed on the pipelines.
Within the realm of pipeline and process services, operations can be categorized into pre-commissioning, commissioning, maintenance, and decommissioning. Pre-commissioning activities focus on verifying the operational readiness of each system component before commissioning starts. The commissioning phase initiates the live operation of the pipeline, adding the product into the system, while ensuring that all construction adheres to safety standards. Assets involved predominantly include pipeline and process components, using materials like plastic, carbon steel, and steel. End-users span across industries including oil and gas, chemicals, water treatment, construction, manufacturing, among others.
The pipeline and process services market research report is one of a series of new reports that provides pipeline and process services market statistics, including pipeline and process services industry global market size, regional shares, competitors with an pipeline and process services market share, detailed pipeline and process services market segments, market trends and opportunities, and any further data you may need to thrive in the pipeline and process services industry. This pipeline and process services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The pipeline and process services market includes revenues earned by entities by flow remediation, nitrogen services, pipe freezing, bolting and tensioning and flange management, chemical cleaning, refinery and petrochemical facility management, FPS management, gas processing, and gas storage. 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.
This product will be delivered within 3-5 business days.
The pipeline and process services market size is expected to see strong growth in the next few years. It will grow to $5.58 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to efficiency and cost reduction, water infrastructure services, geopolitical factors, increasing global energy demand, smart infrastructure development. Major trends in the forecast period include energy transition, maintenance and integrity, automation and digitalization, pipeline expansion projects, environmental regulations.
The rising demand for oil and natural gas is expected to drive the growth of the pipeline and process services market. Oil and natural gas are energy sources derived from fossil fuels, which are formed underground over millions of years from the decomposition of prehistoric organisms. Pipeline and process services play a crucial role in maintaining pipelines throughout their lifecycle, ensuring the uninterrupted transportation of these essential fuels. For example, in September 2024, the India Brand Equity Foundation (IBEF), an Indian government export promotion agency, reported that India's oil demand is projected to double, reaching 11 million barrels per day by 2045. As a result, the increasing demand for oil and natural gas is fueling the growth of the pipeline and process services market.
The expanding manufacturing industry is expected to drive the growth of the pipeline and process services market in the coming years. The manufacturing industry encompasses the sector of the economy involved in producing goods through various processes, typically transforming raw materials or components into finished products. Pipeline and process services within the manufacturing industry offer benefits such as improved efficiency, cost savings, enhanced safety, and compliance with quality and environmental standards, contributing to the overall competitiveness and success of manufacturing operations. For example, in September 2024, a report by the National Association of Manufacturers (NAM), a U.S.-based advocacy group, revealed that value-added output in manufacturing increased from $2.881 trillion annually in Q1 to $2.91 trillion in Q2 of 2024. In Q2, manufacturing accounted for 10% of the total value-added output in the U.S. economy. Moreover, real value-added output in the manufacturing sector rose from $2.337 trillion annually in Q1 to $2.384 trillion in Q2. Consequently, the expanding manufacturing industry is fueling the growth of the pipeline and process services market.
Leading companies in the pipeline and process services market are introducing innovative technologies, such as pipeline inspection tools, to maintain their market presence. A pipeline inspection tool is a specialized device used to evaluate the condition and integrity of pipelines, ensuring their safe and efficient operation. For instance, in September 2022, Dacon Pipeline Services, a Thailand-based company specializing in the inspection of plastic and concrete material pipelines, unveiled a 3 multi-channel ultrasonic pipeline inspection tool. This tool traverses the pipeline, taking continuous measurements at short intervals to create a high-resolution image of the pipeline. The collected data is then processed by software to produce a precise and readable representation of the pipeline.
Leading companies in the pipeline and process services market are focusing on developing innovative products such as NeoCem E+ and EnviraCem cement barrier systems to boost their revenues. EnviraCem cement offers a mass cement reduction of at least 70%, while NeoCem E+ cement provides a reduction of at least 50%. These systems leverage the synergies between the physical and chemical properties of specialist materials and the cement used for zonal isolation. For instance, in November 2022, Halliburton Company, a U.S.-based provider of products and services to the energy industry, introduced NeoCem E+ and EnviraCem cement barrier systems. These reduced-cement systems ensure higher barrier reliability by delivering superior compressive strength and ductility at a lower density than conventional systems, using an innovative tailoring approach. NeoCem E+ cement technology also helps operators reduce carbon emissions and enhance wellbore integrity.
In August 2022, Pipeline Technique, a distinguished UK-based firm specializing in welding, coating, and cutting-edge engineering for onshore and offshore infrastructure, successfully acquired Stanley's oil and gas division. The undisclosed transaction aimed to position Pipeline Technique as a frontrunner in welding, coating, and technical engineering while expanding its market presence, particularly in Brazil. Stanley Oil and Gas, a reputable US-based provider renowned for its pipeline services and cutting-edge equipment, presented Pipeline Technique with an opportunity to fortify its position in the industry and broaden its clientele.
Major companies operating in the pipeline and process services market are Halliburton Company, Baker Hughes Company, EnerMech Ltd., IKM Gruppen AS, Altus Intervention, Ideh Pouyan Energy Co, Trans Asia Pipeline Services, Techfem Spa, Enerpac Tool Group, STEP Energy Services, Chenergy Services Limited, CR Asia Group, Eunisell Limited, Alphaden Energy and Oilfield Limited, Cypress Pipeline & Process Services, Hydratight, Blue Fin Group, Tucker Energy Services, IPEC Ltd., Barnard Construction Company Inc., Sunland Construction Inc., Snelson Companies Inc., STATS Group, Intertek Group PLC, Oil States Industries Inc., T.D. Williamson, MISTRAS Group Inc., Shawcor Ltd., Schlumberger Limited, Weatherford International.
North America was the largest region in the pipeline and process services market share in 2024. The regions covered in the pipeline and process services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the pipeline and process services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Pipeline and process services encompass critical procedures such as pre-commissioning, commissioning, and ongoing maintenance to ensure the optimal functionality of installed pipelines. These services are pivotal for maintaining pipeline integrity while in operation, involving various essential tasks performed on the pipelines.
Within the realm of pipeline and process services, operations can be categorized into pre-commissioning, commissioning, maintenance, and decommissioning. Pre-commissioning activities focus on verifying the operational readiness of each system component before commissioning starts. The commissioning phase initiates the live operation of the pipeline, adding the product into the system, while ensuring that all construction adheres to safety standards. Assets involved predominantly include pipeline and process components, using materials like plastic, carbon steel, and steel. End-users span across industries including oil and gas, chemicals, water treatment, construction, manufacturing, among others.
The pipeline and process services market research report is one of a series of new reports that provides pipeline and process services market statistics, including pipeline and process services industry global market size, regional shares, competitors with an pipeline and process services market share, detailed pipeline and process services market segments, market trends and opportunities, and any further data you may need to thrive in the pipeline and process services industry. This pipeline and process services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The pipeline and process services market includes revenues earned by entities by flow remediation, nitrogen services, pipe freezing, bolting and tensioning and flange management, chemical cleaning, refinery and petrochemical facility management, FPS management, gas processing, and gas storage. 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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Pipeline and Process Services Market Characteristics3. Pipeline and Process Services Market Trends and Strategies4. Pipeline and Process Services Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Pipeline and Process Services Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Pipeline and Process Services Market34. Recent Developments in the Pipeline and Process Services Market
5. Global Pipeline and Process Services Growth Analysis and Strategic Analysis Framework
6. Pipeline and Process Services Market Segmentation
7. Pipeline and Process Services Market Regional and Country Analysis
8. Asia-Pacific Pipeline and Process Services Market
9. China Pipeline and Process Services Market
10. India Pipeline and Process Services Market
11. Japan Pipeline and Process Services Market
12. Australia Pipeline and Process Services Market
13. Indonesia Pipeline and Process Services Market
14. South Korea Pipeline and Process Services Market
15. Western Europe Pipeline and Process Services Market
16. UK Pipeline and Process Services Market
17. Germany Pipeline and Process Services Market
18. France Pipeline and Process Services Market
19. Italy Pipeline and Process Services Market
20. Spain Pipeline and Process Services Market
21. Eastern Europe Pipeline and Process Services Market
22. Russia Pipeline and Process Services Market
23. North America Pipeline and Process Services Market
24. USA Pipeline and Process Services Market
25. Canada Pipeline and Process Services Market
26. South America Pipeline and Process Services Market
27. Brazil Pipeline and Process Services Market
28. Middle East Pipeline and Process Services Market
29. Africa Pipeline and Process Services Market
30. Pipeline and Process Services Market Competitive Landscape and Company Profiles
31. Pipeline and Process Services Market Other Major and Innovative Companies
35. Pipeline and Process Services Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Pipeline and Process Services Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on pipeline and process services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for pipeline and process services ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The pipeline and process services market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- the market characteristics section of the report defines and explains the market.
- the market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- the forecasts are made after considering the major factors currently impacting the market. These include:
- the forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- the regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- the competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- the trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Operation: Pre-Commissioning and Commissioning, Maintenance, Decommissioning2) by Asset Type: Pipeline, Process
3) by Raw Material: Plastic, Carbon Steel, Steel
4) by End-Users: Oil and Gas Industry, Chemical Industry, Water Treatment Industry, Construction and Manufacturing Industry; Other by End-Users
Subsegments:
1) by Pre-Commissioning and Commissioning: Pipeline Testing and Inspection; Flushing and Cleaning Services; Hydrostatic Testing; Commissioning Support Services2) by Maintenance: Routine Inspection and Monitoring; Pipeline Repairs and Rehabilitation; Corrosion Management; Leak Detection Services
3) by Decommissioning: Pipeline Abandonment Services; Environmental Assessment and Remediation; Dismantling and Removal Services; Waste Management Services
Key Companies Mentioned: Halliburton Company; Baker Hughes Company; EnerMech Ltd.; IKM Gruppen AS; Altus Intervention
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Pipeline and Process Services market report include:- Halliburton Company
- Baker Hughes Company
- EnerMech Ltd.
- IKM Gruppen AS
- Altus Intervention
- Ideh Pouyan Energy Co
- Trans Asia Pipeline Services
- Techfem Spa
- Enerpac Tool Group
- STEP Energy Services
- Chenergy Services Limited
- CR Asia Group
- Eunisell Limited
- Alphaden Energy and Oilfield Limited
- Cypress Pipeline & Process Services
- Hydratight
- Blue Fin Group
- Tucker Energy Services
- IPEC Ltd.
- Barnard Construction Company Inc.
- Sunland Construction Inc.
- Snelson Companies Inc.
- STATS Group
- Intertek Group PLC
- Oil States Industries Inc.
- T.D. Williamson
- MISTRAS Group Inc.
- Shawcor Ltd.
- Schlumberger Limited
- Weatherford International
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | February 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 4.17 Billion |
| Forecasted Market Value ( USD | $ 5.58 Billion |
| Compound Annual Growth Rate | 7.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 31 |
