Pipeline Construction Market Report 2026

The pipeline construction market size has grown strongly in recent years. It will grow from $52.35 billion in 2025 to $55.52 billion in 2026 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to expansion of oil and gas exploration activities, adoption of durable metallic pipeline materials, development of municipal water infrastructure, reliance on traditional pipeline construction practices, availability of low-cost imported steel.

The pipeline construction market size is expected to see strong growth in the next few years. It will grow to $69.92 billion in 2030 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to growing demand for sustainable pipeline materials, rising investments in cross-border energy transport, increased use of trenchless construction technology, expansion of smart pipeline monitoring, regulatory push for safer and resilient pipeline systems. Major trends in the forecast period include growing demand for corrosion-resistant pipeline materials, expansion of long-distance oil, gas, and water transmission projects, increased focus on pipeline safety upgrades and integrity management, rising adoption of trenchless construction and replacement methods, higher investment in large-scale cross-border pipeline infrastructure.

The anticipated growth in demand for oil and gas production is set to propel the pipeline construction market in the coming years. Oil and gas production involves the fundamental process of converting crude oil and natural gas from wells into finished petroleum products for consumer use. In this context, pipeline construction plays a crucial role by facilitating the transportation of hydrocarbons from extraction sites to processing facilities, refineries, distribution points, and supplying natural gas to industries, power plants, and households. For example, data from the US Energy Information Administration in March 2023 indicated an increase in crude oil output, reaching 12.4 million barrels per day (b/d) in 2023 compared to 11.7 million b/d in 2022. Furthermore, in September 2022, the average daily consumption of natural gas in the US was 86.6 billion cubic feet (Bcf/d) in 2022, representing the highest annual consumption compared to the previous year. This surge in demand for oil and gas production is a significant driver fueling the growth of the pipeline construction market, as the industry seeks to enhance its infrastructure for the efficient transportation of these critical energy resources.

Major companies in the pipeline construction market are prioritizing the development of advanced solutions, such as inter-oceanic energy corridor pipelines, to boost operational efficiency and optimize capacity utilization. An inter-oceanic energy corridor pipeline is a dedicated system designed to transport large volumes of energy products between oceans, bypassing conventional maritime transit bottlenecks, easing congestion in existing waterways, and reducing vessel waiting times. For instance, in September 2025, the Panama Canal Authority (ACP), a Panama-based government agency, launched a concession process for a new energy pipeline project featuring a 76-kilometer pipeline capable of moving up to 2.5 million barrels per day. The project highlights include a pipeline route linking Atlantic and Pacific maritime terminals across the isthmus, the capability to transport propane, butane, and ethane, integration with maritime terminals on both coasts for seamless sea logistics, and compliance with international standards for safety, environmental protection, and operational efficiency.

In October 2024, Indian Oil Corporation Limited, an Indian company, entered into a partnership with Nepal Oil Corporation Limited. Through this collaboration, Indian Oil aims to broaden its portfolio by leveraging Nepal Oil's expertise in pipeline construction projects. Nepal Oil Corporation Limited is a Nepalese company specializing in pipeline construction initiatives.

Major companies operating in the pipeline construction market are Energy Transfer LP, Nippon Steel Corporation, Enterprise Products Partners L.P., Enbridge lnc., Larsen & Toubro Ltd., Kinder Morgan Inc., Joint Stock Company Transneft, Tenaris S.A, Pembina Pipeline Corporation, TechnipFMC plc, TMK Group, Primoris Services Corporation, Enka İnşaat ve Sanayi A.Ş., Ledcor Group, Mott Macdonald Group Ltd., McDermott International Inc., Bonatti S.p.A., Spiecapag, CRC-Evans Pipeline International Inc., Prosaic Steel & Alloys, Gateway Pipeline LLC, Pumpco Inc., Cogbill Construction LLC, Sung IL Sim Co Ltd., Cecon Group, Barnard Construction Company Inc., Metal Forge India, CCI Leidingsystemen B.V., Yena Engineering B.V., Seonghwa Industrial Co Ltd., ChelPipe Group, Shengli Oil & Gas Pipe Holdings Limited, Sunland Construction Inc., Bechtel Corporation, Snelson Companies Inc., TC Energy Corporation.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on steel, aluminum, and polymer-based materials have driven up the cost of metallic and non-metallic pipelines, significantly affecting large-scale oil, gas, and water pipeline construction projects across North America, Europe, and Asia. Transmission and distribution segments face longer lead times and higher capital requirements due to costlier valves, compressor stations, and metering skids. While these tariffs strain budgets and delay infrastructure development, they also stimulate domestic manufacturing investments and encourage the use of alternative low-cost materials, creating selective advantages in the long term.

The pipeline construction market research report is one of a series of new reports that provides pipeline construction market statistics, including pipeline construction industry global market size, regional shares, competitors with a pipeline construction market share, detailed pipeline construction market segments, market trends and opportunities, and any further data you may need to thrive in the pipeline construction industry. This pipeline construction market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Pipeline construction involves the initiation of excavation or other property disturbance activities with the objective of installing, building, maintaining, repairing, replacing, modifying, or removing a pipeline. Pipelines serve as conduits for the transportation of various materials, such as sewage, gas, and water, from one location to another.

The primary types of pipeline construction are metallic and non-metallic pipelines. Metallic pipelines are commonly used in water delivery systems, natural gas pipes, and wastewater systems. The metallic character of elements, which relates to their propensity to lose electrons and form positive ions or cations, is a factor in the properties of these pipelines. Various equipment used in pipeline construction includes valves, pipeline components, metering skids, and compressor stations. Pipeline construction serves the purposes of transmission and distribution operations, with applications spanning liquid and gas pipelines. These constructions find utility in various industries, including oil and gas, chemical, water and wastewater, energy, and other sectors.North America was the largest region in the pipeline construction market share in 2025. The regions covered in the pipeline construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the pipeline construction market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The pipeline construction market includes revenue earned by entities by constructing cast iron pipes, petroleum oil pipelines, gas pipelines, slurry pipelines, and oily sewers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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