Crude Oil Pipeline Transportation Market size was valued at USD 17.5 Billion in 2024 and is projected to reach USD 25.3 Billion by 2033, exhibiting a CAGR of 4.9% from 2026 to 2033.
In 2022, the global crude oil pipeline transportation market was valued at approximately USD 249.82 billion, with a projected compound annual growth rate (CAGR) of 3.8% from 2024 to 2032. North America held a significant portion of this market, accounting for 35% of the revenue share in 2023, and is anticipated to surpass USD 40 billion by 2032. The United States, in particular, is expected to exceed USD 25 billion by 2032, driven by its extensive pipeline network transporting crude oil from production sites like the Permian Basin to refineries and export terminals. The Asia Pacific region is poised for substantial growth, fueled by rapid industrialization and urbanization in countries such as China and India. This increased energy consumption necessitates the development of efficient pipeline networks to support the rising demand for crude oil. The Asia Pacific crude oil transportation market is projected to grow at a CAGR of 4.5% from 2024 to 2032. In the Middle East and Africa, abundant oil reserves and strategic locations in global energy trade routes contribute to steady market growth, with a projected CAGR of 4.2% during the same period. Europe, while historically reliant on pipelines such as the Druzhba from Russia, is experiencing shifts due to geopolitical tensions and a push for energy diversification, impacting its crude oil transportation dynamics.
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Alstom
ABB
Schneider Electric
Siemens
ESRI
Emerson
Trimble Navigation
Rockwell Automation
FMC Technologies
Alcatel-Lucent
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Crude Oil Pipeline Transportation Market
Gathering Pipelines
Transmission Pipelines
Distribution Pipelines
Steel
Plastic
Composite Materials
Crude Oil Extraction
Refining and Processing
Transportation to Storage Facilities
Small Diameter Pipelines (< 10 inches)
Medium Diameter Pipelines (10 - 30 inches)
Large Diameter Pipelines (> 30 inches)
Oil & Gas Exploration Companies
Refineries
Energy and Power Generation
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Crude Oil Pipeline Transportation Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Crude Oil Pipeline Transportation Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Crude Oil Pipeline Transportation Market, By Type
6. Global Crude Oil Pipeline Transportation Market, By Application
7. Global Crude Oil Pipeline Transportation Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Crude Oil Pipeline Transportation Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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