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Pipeline transport market size to grow by USD 26.71 billion from 2023 to 2028 | The oil and gas segment is estimated to witness significant growth during the forecast period | Technavio

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Tuesday, November 7, 2023

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- The pipeline transport market size is expected to grow by USD 26.71 billion from 2023 to 2028, according to Technavio.

Key Points: 
  • NEW YORK, Nov. 7, 2023 /PRNewswire/ -- The pipeline transport market size is expected to grow by USD 26.71 billion from 2023 to 2028, according to Technavio.
  • The benefits of pipelines over other modes of oil and gas transportation are notably driving the pipeline transport market.
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    The oil and gas segment is estimated to witness significant growth during the forecast period.
  • The pipeline transport market is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market.