- The key vendors in the Pipeline Transportation Market in the US 2015-2019 are Enterprise Products Partners LP, Kinder Morgan Inc., Plains All American Pipeline LP and Spectra Energy Corp.
London, 31 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Pipeline Transportation Market in the US 2015-2019. 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. The Pipeline Transportation market in the US is expected to grow at a CAGR of 1.67 percent during 2014-2019.
The growth of this market is reliant on on investment in building a reliable network of pipelines, which will intensify the flow of oil, gas, and chemicals in the US market. Moreover, a rise in demand for the import of products from Canada through pipelines and an increase in the entry of new vendors in the market is expected to stimulate the growth of the market during the forecast period.
“The increase in demand for new pipelines in the US market is because of the rise in the consumption of energy and natural gas, and because of increased demand from the Commercial and Residential sector,” says Faisal Ghaus, Vice President of TechNavio Research.
“Moreover, vendors in this market are opting for the M&A route to increase their global presence, expand their product portfolio, and achieve economies of scale in various SCM processes.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
