Canada Oil & Gas Pipeline Services Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 1.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Canada Oil & Gas Pipeline Services Market Analysis
The oil & gas pipeline services market in Canada is estimated to witness a CAGR of less than 1% during the forecast period 2020-2025. Oil and gas pipeline infrastructure between the United States and Canada is expected to continue running on full capacities, even though the major projects are expected to come online during the forecast period. Regular maintenance and servicing of the same become imperative for a profitable business, which consequently results in driving the demand for pipeline services. However, there has been a significant increase in the volume, complexity, and duplication of regulations imposed on the pipeline industry in Canada, during the last few years. The compounding effect of numerous regulations, along with other factors, is decreasing Canada's competitiveness worldwide. Multi-billion dollar projects, such as Energy East, Northern Gateway, and the Trans Mountain Expansion Project are just a few examples that demonstrate the challenges companies face when trying to adapt to new and changing regulations.
- The repair services are expected to the fastest-growing segment during the forecast period owing to aging pipelines in the country and increasing demand for energy.
- The upcoming oil and gas projects, such as Trans Mountain Expansion Project, TransCanada Keystone XL and Enbridge Line 3 Replacement Project (part of Enbridge Mainline) are expected to create tremendous market opportunities in years to come.
- Western Canada is the largest market mainly due to the presence of an extensive network of oil and gas pipeline across the region and beyond the borders to the US refineries.
Canada Oil & Gas Pipeline Services Market Trends
This section covers the major market trends shaping the Canada Oil & Gas Pipeline Services Market according to our research experts:
Increasing Demand for Repair Services
- Among the service type, repair services account for the largest market share, followed by drying and inspection services. The presence of a significant network of aging pipelines has been driving the demand for repair services, such as corrosion prevention.
- The repair and maintenance services include hot tapping, repair clamp, strap clamp, leak repair, and pipe lifting and handling services.
- Canada is witnessing an increasing demand for natural gas, particularly in the power sector. Any disruption in the gas supply can cause disruption in power generation, which, in turn, can affect gas suppliers, power industry, along with the manufacturing sector, in a region. Therefore, with a rising share of gas consumption, the demand for hot tapping from the gas pipeline operators in the region, is expected to grow substantially during the forecast period.
- Other repair and maintenance services are mainly used for repairing or replacing the damaged pipelines. The requirement of these services is generally unplanned. Moreover, the major consumer for these services is the aging pipeline network as the aging pipelines are more prone to unplanned damages.
- Moreover, as a significant fraction of the Canadian pipeline infrastructure is quite old, the probability of unplanned servicing requirement is pretty high, which is a positive indicator for the segment of the market being studied.
Western Canada to Dominate the Market
- Western Canada is the largest market mainly due to the presence of an extensive network of oil and gas pipeline across the region and beyond the borders to the US refineries. Due to strict government regulations and lack of social acceptance in the region toward crude oil pipeline the market is shifting toward the natural gas pipeline.
- Alberta and Quebec are in talks to develop a 750 km pipeline, which will carry natural gas from Alberta, across northern Ontario, and through the Abitibi region to a natural gas liquefaction complex at Port Saguenay.
- The aim is to export 11 million metric ton of LNG per year from Western Canada. The project is worth USD 13 billion and is expected to create ample opportunity for pipeline services, such as pre-commissioning and commissioning, and pigging services in the coming years.
- Surging crude oil production and limited space for export pipelines have encouraged the producers to sell the crude oil at a record low relative to world benchmark. The Government of Alberta has announced a mandatory province-wide 8.7% production cut to keep the prices from falling further.
- This is expected to allow the WCS prices to recover and encourage the investors in the long run to invest in new projects, and drive the demand for pipeline services in the coming years.
- Furthermore, the Government of Alberta is planning to build a new refinery to process the discounted crude oil, and sell the high value refined product to the international market. This is expected result in demand for the new pipeline project, and in turn, pipeline services.
Canada Oil & Gas Pipeline Services Industry Overview
The Canada oil and gas pipeline services market is partially fragmented and the key oil & gas pipeline service providers in the market include Baker Hughes a GE Co., Tenaris SA, Tetra Tech Inc., Mistras Group Inc., and Trican Well Services Ltd.
Canada Oil & Gas Pipeline Services Market Leaders
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Tenaris SA
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Tetra Tech Inc.
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Mistras Group Inc.
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Trican Well Services Ltd
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Baker Hughes Co.
*Disclaimer: Major Players sorted in no particular order
Canada Oil & Gas Pipeline Services Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Scope of the Study
- 1.2 Market Definition
- 1.3 Study Assumptions
2. EXECUTIVE SUMMARY
3. RESEARCH METHODOLOGY
4. MARKET OVERVIEW
- 4.1 Introduction
- 4.2 Market Size and Demand Forecast in USD million, till 2025
- 4.3 Crude Oil Production and Forecast in thousand barrels per day, till 2025
- 4.4 Natural Gas Production and Forecast in billion cubic feet, till 2025
- 4.5 Recent Trends and Developments
- 4.6 Government Policies and Regulations
- 4.7 Investment Opportunities
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4.8 Market Dynamics
- 4.8.1 Drivers
- 4.8.2 Restraints
- 4.9 Supply Chain Analysis
- 4.10 PESTLE Analysis
5. MARKET SEGMENTATION
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5.1 Service Type
- 5.1.1 Pre-commissioning and Commissioning Services
- 5.1.2 Pigging and Cleaning Services
- 5.1.2.1 Intelligent Pigging
- 5.1.2.2 Caliper Pigging
- 5.1.2.3 Mechanical Cleaning
- 5.1.3 Inspection Services (Excluding Pigging)
- 5.1.3.1 Hydro Testing
- 5.1.3.2 Other Inspection Services
- 5.1.4 Flushing and Chemical Cleaning Services
- 5.1.4.1 Chemical Cleaning
- 5.1.4.2 Chemical Inhibitors
- 5.1.4.3 Other Flushing and Chemical Cleaning Services
- 5.1.5 Drying Services
- 5.1.5.1 Air Drying
- 5.1.5.2 Nitrogen Drying (Nitrogen Purging and Nitrogen Fill)
- 5.1.5.3 Vacuum Drying
- 5.1.6 Repair Services
- 5.1.6.1 Hot Tapping
- 5.1.6.2 Other Repair Services
- 5.1.7 Decommissioning Services
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5.2 Sector
- 5.2.1 Upstream
- 5.2.2 Midstream
- 5.2.3 Downstream
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5.3 Geography
- 5.3.1 Western Canada
- 5.3.2 Eastern Canada
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Strategies Adopted by Leading Players
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6.3 Company Profiles
- 6.3.1 Baker Hughes a GE Co.
- 6.3.2 Tenaris SA
- 6.3.3 Ledcor Group of Companies
- 6.3.4 Pipeworx Ltd
- 6.3.5 Stats Group
- 6.3.6 IKM Gruppen AS
- 6.3.7 T. D. Williamson Inc.
- 6.3.8 Tetra Tech Inc.
- 6.3.9 Mistras Group Inc.
- 6.3.10 Trican Well Service Ltd
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityCanada Oil & Gas Pipeline Services Industry Segmentation
The Canada oil and gas pipeline services market report include:
| Service Type | Pre-commissioning and Commissioning Services | |
| Pigging and Cleaning Services | Intelligent Pigging | |
| Caliper Pigging | ||
| Mechanical Cleaning | ||
| Inspection Services (Excluding Pigging) | Hydro Testing | |
| Other Inspection Services | ||
| Flushing and Chemical Cleaning Services | Chemical Cleaning | |
| Chemical Inhibitors | ||
| Other Flushing and Chemical Cleaning Services | ||
| Drying Services | Air Drying | |
| Nitrogen Drying (Nitrogen Purging and Nitrogen Fill) | ||
| Vacuum Drying | ||
| Repair Services | Hot Tapping | |
| Other Repair Services | ||
| Decommissioning Services | ||
| Sector | Upstream | |
| Midstream | ||
| Downstream | ||
| Geography | Western Canada | |
| Eastern Canada |
Canada Oil & Gas Pipeline Services Market Research FAQs
What is the current Canada Oil and Gas Pipeline Services Market size?
The Canada Oil and Gas Pipeline Services Market is projected to register a CAGR of less than 1% during the forecast period (2024-2029)
Who are the key players in Canada Oil and Gas Pipeline Services Market?
Tenaris SA, Tetra Tech Inc., Mistras Group Inc., Trican Well Services Ltd and Baker Hughes Co. are the major companies operating in the Canada Oil and Gas Pipeline Services Market.
What years does this Canada Oil and Gas Pipeline Services Market cover?
The report covers the Canada Oil and Gas Pipeline Services Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Canada Oil and Gas Pipeline Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Canada Oil and Gas Pipeline Services Industry Report
Statistics for the 2024 Canada Oil and Gas Pipeline Services market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Canada Oil and Gas Pipeline Services analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
