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Oil & gas pipeline construction in the US - growth in the natural gas market will keep industry demand flowing

Wednesday, Dec 12, 2012

Research and Markets (http://www.researchandmarkets.com/research/dnmf4l/oil_and_gas) has announced the addition of the "Oil & Gas Pipeline Construction in the US" report to their offering.

“Oil & Gas Pipeline Construction in the US”

In the pipeline: Growth in the natural gas market will keep industry demand flowing

Although slowed investment activity during the recession cooled demand for industry's services, pursuit of natural gas has kept business flowing over the past five years. Looking forward, the industry is projected to recover strongly. From 2012, IBISWorld forecasts that continued investment in unconventional domestic energy sources (gas shale and oil sands), pressure to repair and replace aging infrastructure, and recovery in the residential construction markets will support industry performance.

This industry comprises contractors who are responsible for the construction of gas and oil pipelines, mains, pumping stations, refineries and storage tanks (i.e. new work, reconstruction and repairs). It also includes construction management firms and special trade contractors that are primarily involved in oil and pipeline construction.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Source: Business Wire

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