Market Size of Canada Oil and Gas Pipeline Services Industry
| 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 |
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 Industry Segmentation
The Canada oil and gas pipeline services market report include:
| Service Type | |||||
| Pre-commissioning and Commissioning Services | |||||
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| Decommissioning Services |
| Sector | |
| Upstream | |
| Midstream | |
| Downstream |
| Geography | |
| Western Canada | |
| Eastern Canada |
Canada Oil and Gas Pipeline Services Market Size Summary
The oil and gas pipeline services market in Canada is poised for modest growth, driven by the need for regular maintenance and servicing of existing infrastructure. Despite the challenges posed by stringent regulations and the complexity of compliance, the market is expected to benefit from ongoing and upcoming projects such as the Trans Mountain Expansion and Enbridge Line 3 Replacement. These projects, along with the aging pipeline network, are anticipated to create significant opportunities, particularly in repair services, which are projected to be the fastest-growing segment. The demand for these services is fueled by the increasing need for energy and the necessity to address unplanned damages in the aging infrastructure.
Western Canada stands out as the largest market due to its extensive pipeline network, which extends beyond provincial borders to US refineries. The region is witnessing a shift towards natural gas pipelines, driven by strict regulations and social acceptance issues surrounding crude oil pipelines. Initiatives like the proposed Alberta-Quebec natural gas pipeline project aim to enhance export capabilities, creating further demand for pipeline services. Additionally, government actions such as production cuts and plans for new refineries are expected to stimulate investment in pipeline projects, thereby boosting the market for pipeline services in the coming years. The market remains partially fragmented, with key players including Baker Hughes, Tenaris SA, and Tetra Tech Inc., among others, actively participating in shaping the industry's landscape.
Canada Oil and Gas Pipeline Services Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Market Size and Demand Forecast in USD million, till 2025
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1.3 Crude Oil Production and Forecast in thousand barrels per day, till 2025
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1.4 Natural Gas Production and Forecast in billion cubic feet, till 2025
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1.5 Recent Trends and Developments
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1.6 Government Policies and Regulations
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1.7 Investment Opportunities
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1.8 Market Dynamics
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1.8.1 Drivers
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1.8.2 Restraints
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1.9 Supply Chain Analysis
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1.10 PESTLE Analysis
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2. MARKET SEGMENTATION
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2.1 Service Type
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2.1.1 Pre-commissioning and Commissioning Services
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2.1.2 Pigging and Cleaning Services
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2.1.2.1 Intelligent Pigging
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2.1.2.2 Caliper Pigging
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2.1.2.3 Mechanical Cleaning
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2.1.3 Inspection Services (Excluding Pigging)
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2.1.3.1 Hydro Testing
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2.1.3.2 Other Inspection Services
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2.1.4 Flushing and Chemical Cleaning Services
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2.1.4.1 Chemical Cleaning
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2.1.4.2 Chemical Inhibitors
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2.1.4.3 Other Flushing and Chemical Cleaning Services
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2.1.5 Drying Services
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2.1.5.1 Air Drying
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2.1.5.2 Nitrogen Drying (Nitrogen Purging and Nitrogen Fill)
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2.1.5.3 Vacuum Drying
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2.1.6 Repair Services
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2.1.6.1 Hot Tapping
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2.1.6.2 Other Repair Services
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2.1.7 Decommissioning Services
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2.2 Sector
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2.2.1 Upstream
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2.2.2 Midstream
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2.2.3 Downstream
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2.3 Geography
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2.3.1 Western Canada
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2.3.2 Eastern Canada
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Canada Oil and Gas Pipeline Services Market Size 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.
