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The global crude oil pipeline transportation market was valued at $32 billion in 2017, and is expected to be driven by surging demand for crude oil. This would generate a requirement of additional pipeline capacity to be laid. North America was the largest geographic region in the market, accounting for nearly two-fifths of the global market share.
The USA was the largest country in the crude oil pipeline transportation market in 2017, accounting for more than one-fourth of the market share.
The top five competitors in the market are Kinder Morgan, ABB, General Electric Company, Shell, and Alcatel-Lucent S.A (France). Kinder Morgan Inc. was the biggest player in crude oil pipeline transportation market in 2017. It operates as an energy infrastructure company in North America, through Natural Gas Pipelines, CO2, Terminals, Products Pipelines, and their Canada segments. The terminals segment owns and operates liquids and bulk terminals that load and store refined petroleum products, chemicals, crude oil, and ethanol. The company is headquartered in Houston, Texas.
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