North America Pipeline Maintenance Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 2.50 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Pipeline Maintenance Market Analysis
The North America pipeline market is expected to record a CAGR of more than 2.5% throughout the forecast period 2022-2027. The outbreak of COVID-19 in Q1 of 2020 negatively impacted the market. Lockdown restrictions imposed by various government across the region has caused a delay in pipeline construction and maintenance activities across North America. Additionally, US pipeline operators like Pembina Pipeline Corp and Harvest Midstream are either delayed or stalled their projects due to the Covid-19 pandemic. Factors such as the increasing development of unconventional oil and gas sources leading to the pipeline expansion, the bid to maintain output from ageing pipeline systems, and the need to cater to the growing energy demand by expanding oil and gas pipeline infrastructure are some of the factors driving the demand for the pipeline maintenance services market. However, high construction costs and delays in the implementation of projects are expected to restrain the market's growth in the coming years.
- The pipeline repair & maintenance segment is expected to have a significant market share. Corrosion is the biggest contributor to pipeline damages globally. Corrosion is expected to have the most significant share of operational and maintenance costs of a pipeline, indicating the importance of corrosion control services.
- The United States is expected to dominate the market, with the fossil fuel industry still experiencing healthy demand and profits despite skyrocketing gasoline prices.
North America Pipeline Maintenance Market Trends
This section covers the major market trends shaping the North America Pipeline Maintenance Market according to our research experts:
Pipeline Repair & Maintenance Segment to have a Significant Share in the Market
- The pipeline repair & maintenance service segment is expected to have a significant market share during the forecast period. In 2021, the pipeline repair & maintenance services segment held a major share of the market, and the claim is expected to grow as most of the demand is coming for corrosion repair services. Also, increasing the share of installed pipeline capacity in major countries such as the United States, Canada and Mexico are expected to drive the growth of repair & maintenance during the forecast period.
- In comparison to stainless steel, low carbon steel is widely used for oil and gas pipelines due to its properties, including its toughness, ductility, weldability, ability to withstand temperature changes, and cost-effectiveness. However, it has the disadvantage of being susceptible to air, soil, and water corrosion.
- Corrosion repair systems strengthen the pipe affected by corrosion and contain the fluid transported in the event of failure. They include full circumferential welded sleeves, welded patches, composite reinforcements, and pipe section replacements.
- Corrosion repair services are in high demand due to the growing share of heavy crude oil. Oil reserves for conventional oil are diminishing, while oil and gas demand is forecast to grow modestly. Therefore, to meet the growing demand, unconventional and heavy oil production is increasing, but heavy oil is harmful to pipelines carrying it, so corrosion problems are more frequent on heavy oil pipelines. Therefore, the growing share of heavy crude is expected to drive the demand for corrosion repair services during the forecast period, which is expected to drive the demand for pipeline maintenance and repair services throughout North America.
United States Expected to Dominate the Market
- In the forecast period, the United States is expected to have the largest market for pipeline maintenance services, primarily due to its huge installed pipeline capacity and government regulations.
- The United States has the largest network of pipelines in the world, Approximately one-third of the total pipeline market in the country is used to transport crude oil, delivering millions of gallons of oil equivalent/day to various refineries and export terminals.
- According to the recently updated US Energy Information Administration (EIA) Liquids Pipeline Projects Database, pipeline companies completed 14 petroleum liquid pipeline projects in 2021. The total includes seven crude oil pipeline projects and seven hydrocarbon gas liquid pipeline projects.
- Among the new pipeline projects added in 2021, In the Energy Transfer Dakota Access Pipeline (DAPL) Expansion project, horsepower was added, and pump stations were modified and upgraded. As a result, DAPL capacity was increased by 180,000 barrels per day along the system. From North Dakota to South Dakota to Iowa to Illinois, the DAPL system runs. The DAPL system runs from North Dakota through South Dakota and Iowa and ends near Patoka, Illinois.
- The Federal Energy Regulatory Commission (FERC) approved three projects in the first quarter of 2022 to increase the export of natural gas from the United States via pipeline and LNG.
- Hence, this is expected to create new opportunities for additional pipeline capacity during the forecast period, thereby boosting the pipeline maintenance services market in the country.
North America Pipeline Maintenance Industry Overview
The North America pipeline market is moderately fragmented. Some of the key players in the market include Baker Hughes A GE Co, T. D. Williamson Inc, Oil States Industries Inc., EnerMech Ltd, and STATS Group.
North America Pipeline Maintenance Market Leaders
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Baker Hughes A GE Co
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T. D. Williamson Inc
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Oil States Industries Inc.
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EnerMech Ltd
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STATS Group
*Disclaimer: Major Players sorted in no particular order
North America Pipeline Maintenance Market News
In October 2021, An investment agreement between Onboard Dynamics and BP Energy Partners, LLC ("BPEP") was signed by Onboard Dynamics, Inc., a climate-tech provider of mobile natural gas pipeline evacuation and vehicle evacuation refuelling compression technology. Onboard Dynamics is able to scale its product offerings and services through the equity investment from BPEP. Onboard Dynamics manufactures, sells, leases, and provides turnkey maintenance services for utilities, local distribution companies, and natural gas pipeline operators with a series of patented products.
In September 2021, an agreement was signed between Baker Hughes and Primus Line to collaborate on non-metallic pipe applications to rehabilitate and repurpose existing pressure pipelines. The combined customer base is going to be provided with more cost-effective options for pipe repair and replacement, as well as the repurposing of existing pipeline networks to transport hydrogen and CO2.
North America Pipeline Maintenance 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 billion, till 2027
- 4.3 Installed Pipeline Historic Capacity and Forecast in Kilometers, Until 2027
- 4.4 Recent Trends and Developments
- 4.5 Government Policies and Regulations
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4.6 Market Dynamics
- 4.6.1 Drivers
- 4.6.2 Restraints
- 4.7 Supply Chain Analysis
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4.8 Porter's Five Forces Analysis
- 4.8.1 Bargaining Power of Suppliers
- 4.8.2 Bargaining Power of Consumers
- 4.8.3 Threat of New Entrants
- 4.8.4 Threat of Substitute Products and Services
- 4.8.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Service Type
- 5.1.1 Pigging
- 5.1.2 Flushing & Chemical Cleaning
- 5.1.3 Pipeline Repair & Maintenance
- 5.1.4 Drying
- 5.1.5 Others
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5.2 Location of Deployment
- 5.2.1 Onshore
- 5.2.2 Offshore
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5.3 Geography
- 5.3.1 United States
- 5.3.2 Canada
- 5.3.3 Rest of North America
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 Pipeline Operators
- 6.3.1.1 ExxonMobil Corporation
- 6.3.1.2 Energy Transfer LP
- 6.3.1.3 Kinder Morgan
- 6.3.1.4 Plains GP Holdings
- 6.3.1.5 Enterprise Products Partners L.P.
- 6.3.1.6 Chevron Corporation
- 6.3.2 Pipeline Maintenance Services Providers
- 6.3.2.1 Baker Hughes A GE Co
- 6.3.2.2 T. D. Williamson Inc
- 6.3.2.3 Oil States Industries Inc.
- 6.3.2.4 EnerMech Ltd
- 6.3.2.5 STATS Group
- 6.3.2.6 Intertek Group PLC
- 6.3.2.7 NiGen International L.L.C.
- 6.3.2.8 American Pipeline Solutions.
- 6.3.2.9 M&M Pipeline Services, LLC
- 6.3.2.10 MISTRAS Group
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityNorth America Pipeline Maintenance Industry Segmentation
North America pipeline maintenance market report includes:
| Service Type | Pigging |
| Flushing & Chemical Cleaning | |
| Pipeline Repair & Maintenance | |
| Drying | |
| Others | |
| Location of Deployment | Onshore |
| Offshore | |
| Geography | United States |
| Canada | |
| Rest of North America |
North America Pipeline Maintenance Market Research FAQs
What is the current North America Pipeline Maintenance Market size?
The North America Pipeline Maintenance Market is projected to register a CAGR of greater than 2.5% during the forecast period (2024-2029)
Who are the key players in North America Pipeline Maintenance Market?
Baker Hughes A GE Co, T. D. Williamson Inc, Oil States Industries Inc., EnerMech Ltd and STATS Group are the major companies operating in the North America Pipeline Maintenance Market.
What years does this North America Pipeline Maintenance Market cover?
The report covers the North America Pipeline Maintenance Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the North America Pipeline Maintenance Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Pipeline Maintenance Industry Report
Statistics for the 2024 North America Pipeline Maintenance market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Pipeline Maintenance analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
