The Business Research Company’s latest report Pipeline Transport Global Market Report 2020 covers Pipeline Transport market drivers, Pipeline Transport market trends, Pipeline Transport market segments, Pipeline Transport market growth rate, Pipeline Transport market major players, and Pipeline Transport market size. The report provides in-depth analysis of the impact of COVID-19 on the Pipeline Transport industry, along with revised market numbers due to the effects of the coronavirus.
Pipeline Transport Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global pipeline transport market is expected to grow from $182.9 billion in 2019 to $185.6 billion in 2020 at a compound annual growth rate (CAGR) of 1.5%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 11% from 2021 and reach $246.9 billion in 2023.
The report covers the pipeline transport market’s segments- by type: crude oil pipeline transport, natural gas pipeline transport, refined petroleum products pipeline transport, others – pipeline transport.
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