South America Offshore Pipeline Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Diameter (More than 24 inches and Less than 24 inches), Line Type (Export Line, Transport Line, and Others), and Product (Oil, Gas, and Refined Products)
The SAM offshore pipeline market is expected to grow from US$ 497.26 million in 2019 to US$ 561.26 million by 2027; it is estimated to grow at a CAGR of 1.8 % from 2020 to 2027.
The Brazil and Argentina are major economies in SAM. Refinement and upgradations in flexible pipe technology is expected to upsurge the SAM offshore pipeline market. The offshore oil & gas industry across SAM region has been using flexible pipes since 1972. Since then, the demand for flexible pipes has steadily increased and diversified. There is an increase in demand for flexible pipe technology in the oil & gas industry across SAM region in recent years owing to operators seeking operational efficiencies. Deeper water, higher pressure, higher temperatures, and aging infrastructure as well as complex chemistry build increasingly intense environments for the flexible pipe to resist. Also, more and more fields are insisting on the limitations of existing technology. Recently, in 2020, Baker Hughes developed novel designs for flexible pipes used in the oil & gas industry. The new designs use carbon fiber composite materials. These pipes are lighter in weight and easy to install, requiring less equipment for installation purposes. Such developments to boost productivity with increased flexibility, speed, and performance of pipelines are expected to increase the demand of offshore pipeline, which will drive the SAM offshore pipeline market. Other factor such as mounting demand for natural gas and crude oil are also expected to drive the SAM offshore pipeline market in coming years.
Furthermore, in case of COVID-19, SAM is highly affected specially the Brazil, followed by Ecuador, Chile, Peru, and Argentina, among others. The COVID-19 pandemic continues to negatively affect the overall oil & gas industry owing to considerable disruption in the industry supply chain activities coupled with the SAM countries like the Brazil and Argentina sealing off their international trade in wake of the pandemic. Among the SAM countries, Brazil continues to occupy a dominant position in the region’s overall oil producing capabilities. The country also witnessed a major decline in its oil & gas related activities following the huge decline in oil prices and subsequent limited construction activities similar to other global market players. Thus, the country also registered a sharp decline in the demand for offshore pipelines owing to the outbreak of COVID-19 across the SAM region and subsequent lower business activities in the oil & gas sector. The coronavirus outbreak's impact is anticipated to be quite severe in the year 2020 and likely in 2021. Hence, the ongoing COVID-19 crisis and critical situation will impact the offshore pipeline market growth of the SAM region negatively for the next few quarters.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM offshore pipeline market. The SAM offshore pipeline market is expected to grow at a good CAGR during the forecast period.
SAM Offshore Pipeline Market Segmentation
SAM Offshore Pipeline Market – By Diameter
- More than 24 inches
- Less than 24 inches
SAM Offshore Pipeline Market – By Line Type
- Export Line
- Transport Line
- Others
SAM Offshore Pipeline Market – By Product
- Oil
- Gas
- Refined Products
SAM Offshore Pipeline Market, by Country
- Brazil
- Argentina
- Rest of SAM
SAM Offshore Pipeline Market - Companies Mentioned
- Bechtel Corporation
- Fugro
- John Wood Group PLC
- McDermott International, Inc.
- Saipem S.p.A.
- Sapura Energy Berhad
- Subsea 7 S.A.
- TechnipFMC plc
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Offshore Pipeline Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. SAM Offshore Pipeline Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Mounting Demand for Natural Gas and Crude Oil
5.1.2 Safe, Cost-Effective, and Efficient Connectivity Requirement
5.2 Market Restraints
5.2.1 Obstacles Associated with Cross- Border Pipeline Transportation
5.3 Market Opportunities
5.3.1 Locating New Oil & Gas Reserves
5.4 Future Trends
5.4.1 Refinement in Flexible Pipe Technology
5.5 Impact Analysis of Drivers and Restraints
6. Offshore Pipeline Market – SAM Analysis
6.1 SAM Offshore Pipeline Market Overview
6.2 SAM Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Market Players Ranking
7. SAM Offshore Pipeline Market Analysis – By Diameter
7.1 Overview
7.2 SAM Offshore Pipeline Market, By Diameter (2019 and 2027)
7.3 More than 24 inches
7.3.1 Overview
7.3.2 More than 24 inches: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
7.4 Less than 24 inches
7.4.1 Overview
7.4.2 Less than 24 inches: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
8. SAM Offshore Pipeline Market Analysis – By Line Type
8.1 Overview
8.2 SAM Offshore Pipeline Market, By Line Type (2019 and 2027)
8.3 Export Line
8.3.1 Overview
8.3.2 Export Line: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
8.4 Transport
8.4.1 Overview
8.4.2 Transport: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
9. SAM Offshore Pipeline Market Analysis – By Product
9.1 Overview
9.2 SAM Offshore Pipeline Market, By Product (2019 and 2027)
9.3 Oil
9.3.1 Overview
9.3.2 Oil: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
9.4 Gas
9.4.1 Overview
9.4.2 Gas: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
9.5 Refined Products
9.5.1 Overview
9.5.2 Refined Products: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
10. SAM Offshore Pipeline Market – Country Analysis
10.1 Overview
10.1.1 SAM: Offshore Pipeline Market, by Key Country
10.1.1.1 Brazil: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
10.1.1.1.1 Brazil: Offshore Pipeline Market, by Diameter
10.1.1.1.2 Brazil: Offshore Pipeline Market, by Line Type
10.1.1.1.3 Brazil: Offshore Pipeline Market, by Product
10.1.1.2 Argentina: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
10.1.1.2.1 Argentina: Offshore Pipeline Market, by Diameter
10.1.1.2.2 Argentina: Offshore Pipeline Market, by Line Type
10.1.1.2.3 Argentina: Offshore Pipeline Market, by Product
10.1.1.3 Rest of SAM: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
10.1.1.3.1 Rest of SAM: Offshore Pipeline Market, by Diameter
10.1.1.3.2 Rest of SAM: Offshore Pipeline Market, by Line Type
10.1.1.3.3 Rest of SAM: Offshore Pipeline Market, by Product
11. Impact of COVID-19 Pandemic on SAM Offshore Pipeline Market
11.1 SAM: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 Bechtel Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Fugro
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 SWOT Analysis
13.2.5 Key Developments
13.3 John Wood Group PLC
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 SWOT Analysis
13.3.5 Key Developments
13.4 McDermott International, Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Saipem S.p.A.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Sapura Energy Berhad
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Subsea 7 S.A.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 TechnipFMC plc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. SAM Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
Table 2. Brazil: Offshore Pipeline Market, by Diameter –Revenue and Forecast to 2027 (US$ Million)
Table 3. Brazil: Offshore Pipeline Market, by Line Type –Revenue and Forecast to 2027 (US$ Million)
Table 4. Brazil: Offshore Pipeline Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 5. Argentina: Offshore Pipeline Market, by Diameter –Revenue and Forecast to 2027 (US$ Million)
Table 6. Argentina: Offshore Pipeline Market, by Line Type –Revenue and Forecast to 2027 (US$ Million)
Table 7. Argentina: Offshore Pipeline Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 8. Rest of SAM: Offshore Pipeline Market, by Diameter –Revenue and Forecast to 2027 (US$ Million)
Table 9. Rest of SAM: Offshore Pipeline Market, by Line Type –Revenue and Forecast to 2027 (US$ Million)
Table 10. Rest of SAM: Offshore Pipeline Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. SAM Offshore Pipeline Market Segmentation
Figure 2. SAM Offshore Pipeline Market Segmentation – By Country
Figure 3. SAM Offshore Pipeline Market Overview
Figure 4. SAM Offshore Pipeline Market Outlook
Figure 5. SAM Offshore Pipeline Market – Diameter Analysis
Figure 6. SAM Offshore Pipeline Market – Line Type Analysis
Figure 7. SAM Offshore Pipeline Market – Product Analysis
Figure 8. SAM Offshore Pipeline Market – Country Analysis
Figure 9. SAM: PEST Analysis
Figure 10. SAM Offshore Pipeline Market – Ecosystem Analysis
Figure 11. Expert Opinion
Figure 12. SAM Offshore Pipeline Market Impact Analysis of Drivers and Restraints
Figure 13. SAM: Offshore Pipeline Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. SAM Offshore Pipeline Market Revenue Share, by Diameter (2019 and 2027)
Figure 15. SAM More than 24 inches: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 16. SAM Less than 24 inches: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 17. SAM Offshore Pipeline Market Revenue Share, by Line Type (2019 and 2027)
Figure 18. SAM Export Line: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 19. SAM Transport: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 20. SAM Others: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 21. SAM Offshore Pipeline Market Revenue Share, by Product (2019 and 2027)
Figure 22. SAM Oil: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 23. SAM Gas: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 24. SAM Refined Products: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 25. SAM: Offshore Pipeline Market Revenue Share, by Key Country (2019 and 2027)
Figure 26. Brazil: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 27. Argentina: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 28. Rest of SAM: Offshore Pipeline Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 29. Impact of COVID-19 Pandemic in SAM Country Markets
Some of the leading companies are:
- Bechtel Corporation
- Fugro
- John Wood Group PLC
- McDermott International, Inc.
- Saipem S.p.A.
- Sapura Energy Berhad
- Subsea 7 S.A.
- TechnipFMC plc
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM offshore pipeline market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the SAM offshore pipeline market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the offshore pipeline market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution