According to the research report titled ‘Middle East Oil Pipeline Infrastructure Market Size By Product, Application, Operation, Diameter, Industry Analysis Report, Regional Outlook, Price Trends, Competitive Market Share & Forecast, 2019 a?? 2025’ available with Market Study Report, Middle East oil pipeline infrastructure market is anticipated to attain substantial expansion during 2019-2025.
 

Factors such as increasing focus towards enhancing international trade dynamics, ongoing developments in the oil production sector, and growing efforts towards infrastructural upgradation of oil supply pipeline are augmenting the growth of Middle East oil pipeline infrastructure market.
 

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Moreover, surging demand for oil products coupled with favorable rules and regulations pertaining to oil supply & transportation are further fueling the market expansion.
 

Rising adoption of efficient delivery systems of crude oil & refined products bound in supply contracts along with increasing investments towards infrastructural development of oil transmission to enable reliable supply of resources are stimulating the Middle East oil pipeline infrastructure market outlook.
 

Based on the product landscape, the petroleum segment of Middle East oil pipeline infrastructure industry is expected to grow significantly through 2025. Factors such as technological advancement in the E&P sector, introduction of favorable policies pertaining to infrastructural renovation, surging demand for fuel, and rising investments towards digitization of the business in order to facilitate real-time data monitoring are fostering the growth of the segment.
 

With regards to application, Middle East oil pipeline infrastructure market share from onshore application segment is predicted to expand considerably during 2019-2025. The report states that rapid globalization, surging oil demand from the industrial sector, improving trade statistics, and emphasis towards reducing oil transportation costs are responsible for the growth of the segment.
 

Moving on to diameter, the report states that >24inch segment is projected to register significant growth over the forecast period. Factor such as increasing oil production from oilfields, rising deployment of green field transmission pipelines, and escalating number of pipeline project initiatives involving installation of large diameter pipes across offshore oil sites are boosting the expansion of the segment.
 

Based on the country-level analysis, Kuwait is estimated to emerge as a major revenue generator for Middle East oil pipeline infrastructure market through 2025. Increasing number of infrastructural development projects along with rising levels of oil production in the country are emerging as lucrative opportunities for the market remuneration.
 

The companies that define the competitive landscape of Middle East oil pipeline infrastructure market are General Electric Company (GE), National Oilwell Varco Inc., Welspun Corporation Ltd., CRC-Evans Pipeline International Inc., Petróleo Brasileiro S.A. (Petrobras), Chevron Corporation, and ExxonMobil Corp.