Pipeline Transportation Market in the US 2015-2019
About Pipeline Transportation
Pipeline transportation is basically used for the transporting of liquid and bulky products, such as- liquids, gas and chemical substances. This is one type of transportation mode used by various suppliers and manufacturers to reach their end-customers. In the US, pipeline transportation stands first in the liquid and gas category
TechNavio's analysts forecast the Pipeline Transportation Market in US to grow at a CAGR of 1.67 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of Pipeline Transportation Market in the US for the period 2015-2019. To calculate the market size, the report covers revenue generated by the pipeline transportation services providers in the US.The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market. To provide a ranking of the leading vendors in the market, the report considers the revenue generated by the vendors in the Pipeline Transportation Market in the US.In addition, it discusses the major drivers that influence the growth of the market, and summarizes the challenges faced by the vendors and the market at large, and the key trends that are emerging in the market. The report also provides data on different segments of the Pipeline Transportation Market in the US. The market is segmented based on type of service providers and shipment type.
TechNavio's report, the Pipeline Transportation Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Pipeline Transportation Market in the US landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
TechNavio Announces the Publication of its Research Report – Pipeline Transportation Market in the US 2015-2019
TechNavio recognizes the following companies as the key players in the Pipeline Transportation Market in the US: Enterprise Products Partners LP, Kinder Morgan Inc., Plains All American Pipeline LP and Spectra Energy Corp.
Other Prominent Vendors in the market are: Boardwalk Pipeline Partners, Buckeye Partners, Chevron, Copano Energy, Delek Logistics Partners, Dominion Transmission, Earthcon, El Paso Pipeline Partners, Enogex, Genesis Energy, Magellan Midstream Partners, Marathon Petroleum, MarkWest Energy Partners, NuStar Energy, Reliance Logistics, Royal Dutch Shell, Sunoco Logistics Partners, Targa Resources Partners, Western Gas Partners, Williams Partners and Xcel Energy.
Commenting on the report, an analyst from TechNavio’s team said: “One key trend upcoming in this market is the increased investment in shale gas sources. Many market vendors are investing in shale gas sources to increase production and meet the continuous growth in global demand.”
According to the report, one of the major factors driving the growth of the pipeline transportation market in the US is the increase in natural gas consumption. Increase in oil production, which is another growth driver, is a result of the increase in the supply of crude oil and petroleum products in the US market, which is increasing demand from different industries and lowering costs.
Further, the report states that certain factors, such as safety and environmental concerns among vendors, have led to a decline in demand in the Pipeline Transportation market in the US. This, in turn, reduces the demand for pipeline solutions. High installation costs are another barrier for pipeline vendors, as they increase fixed and maintenance costs.Enterprise Products Partners L.P., Plains All American Pipeline, L.P., Kinder Morgan Inc., Spectra Energy Corp, Boardwalk Pipeline Partners, Buckeye Partners, Chevron Corp., Copano Energy, Delek Logistics Partners, Dominion Transmission, Earthcon, El Paso Pipeline Partners,Enogex LLC, Enbridge Energy , Genesis Energy, Genesis Energy, Magellan Midstream Partners, Marathon Petroleum Corp., MarkWest Energy Partners, NuStar Energy , Reliance Logistics Private Limited, Royal Dutch Shell, Sunoco Logistics Partners , Targa ResourcesPartners, Western Gas Partners, Williams Partners, Xcel EnergyWinpak