Organic Chemical Pipeline Transportation in the US
The Organic Chemical Pipeline Transportation industry moderately contracted over the past five years, sustained by rising domestic crude oil and natural gas production. Demand for carbon dioxide (CO2) pipeline transportation increased on par with oil production, allowing industry operators to charge higher transportation rates. However, sliding demand from fertilizer manufacturing will inhibit growth. In 2016, industrial production is anticipated to contract, which will hinder demand for CO2, ammonia and other organic chemicals transported by industry pipelines. Domestic crude oil prices have fallen sharply over the past year. The industry is anticipated to slowly but steadily grow over the next five years. US crude oil production will grow at a slower rate compared to the previous five-year period. Moreover, volatility in the price of oil moving forward could force operators to lower transportation rates, hurting the industry.
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.