Oil & Gas Pipeline Construction in the US
Over the five years to 2015, the Oil and Gas Pipeline Construction industry has experienced strong yet erratic demand due to volatile investment in energy-related infrastructure. Driven by higher global energy prices and the implementation of new technologies, oil and natural gas pipeline contractors experienced a considerable spike in demand prior to the recession. The emergence of hydraulic fracturing and horizontal drilling has driven demand for the industry in recent years. In the coming years, the industry is projected to experience strong demand, as new natural gas resources require existing pipelines to reach capacity.
This industry comprises contractors that are responsible for the construction of gas and oil pipelines, mains, pumping stations, refineries and storage tanks. It also includes construction management companies and special trade contractors that are primarily involved in oil and pipeline construction.
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.
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