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Repair common Windows errors and clear accumulated junk for a smoother, more stable PC - no reinstall needed.Free scan · no reinstallThe Business Research Company (TBRC) estimates that the global pipeline construction market will reach $69.92 billion in 2030, growing at a 5.9% compound annual growth rate (CAGR) from 2026 to 2030. Its October 8, 2026, press release rounds that forecast to “more than $70 billion” and a 6% CAGR. The same release estimates that TechnipFMC held 7% of the market in 2025; that share is TBRC’s estimate, not a figure independently shown on its accessible report page.
What TBRC’s pipeline construction forecast says
TBRC’s Pipeline Construction Market Report 2026 gives a 2025 estimated global market size of $52.35 billion and a 2026 estimate of $55.52 billion. It forecasts $69.92 billion for 2030, using a 2026–2030 forecast period and a 5.9% CAGR. The October 8, 2026, press release presents the endpoint and growth rate in rounded form: more than $70 billion and 6%.
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| Measure | TBRC figure | How to read it |
|---|---|---|
| 2025 market size | $52.35 billion | TBRC estimate for the report’s 2025 base year. |
| 2026 market size | $55.52 billion | TBRC estimate, not a separately identified final tally. |
| 2030 market size | $69.92 billion | TBRC forecast on its report page; the press release rounds this to more than $70 billion. |
| Growth rate | 5.9% CAGR, 2026–2030 | TBRC report-page forecast; rounded to 6% in the press release. |
These figures describe a forecast, not a confirmed 2030 outcome. TBRC’s press release characterizes its estimates and opinions as non-definitive, and the accessible report material does not provide enough information to independently assess the forecasting model.
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What counts as the pipeline construction market
TBRC defines the market as revenue earned by entities constructing cast iron pipes, petroleum oil pipelines, gas pipelines, slurry pipelines, and oily sewers. Its market-value measure is enterprise revenue for a specified geography and excludes resales along the supply chain. The scope is therefore broader than oil and gas pipeline projects alone: it includes water and wastewater, chemical, energy, and other end users.
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The report organizes the market across several dimensions:
| Segmentation axis | Categories listed by TBRC |
|---|---|
| Pipe type | Metallic; non-metallic |
| Equipment | Valves; pipeline; metering skids; compressor stations |
| Operation | Transmission; distribution |
| Application | Liquid pipeline; gas pipeline |
| End user | Oil and gas; chemical; water and wastewater; energy; other end users |
TBRC lists regional coverage across Asia-Pacific, Southeast Asia, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. When comparing market estimates, check the geography, year, segment, and whether a figure is historical or forecast: values for different periods or scopes are not directly interchangeable.
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How to interpret the TechnipFMC 7% share claim
TBRC’s October 8, 2026, press release says TechnipFMC accounted for 7% of 2025 pipeline construction market revenue. It also assigns McDermott 7%. These are estimates attributed to TBRC; the accessible 2026 report page names the companies but does not independently display either share figure. The available material does not explain how the company shares were calculated, so the figures should not be treated as independently verified market-share measurements.
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Regional outlook: 2025 ranking versus 2030 projections
TBRC’s September 2026 report page identifies North America as the largest region in 2025. Its October 2026 press release separately forecasts Asia-Pacific at $23 billion in 2030, up from $18 billion in 2025, with a 5% CAGR. It projects the United States at $17 billion in 2030, compared with $13 billion in 2025, also at a 5% CAGR.
The regional statements refer to different years and should not be read as a contradiction: North America’s 2025 ranking does not establish which region will be largest in 2030. The press release’s Asia-Pacific and United States figures are TBRC forecasts, rather than observed future market totals.
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Why the publisher expects growth
TBRC identifies demand associated with oil and gas production as a growth driver. Its report page also names corrosion-resistant materials, long-distance oil, gas, and water transmission, safety upgrades and integrity management, trenchless construction and replacement, and cross-border projects as forecast-period trends. The press release adds investment themes involving water and wastewater infrastructure, gas networks, hydrogen, renewable natural gas, and carbon-capture transport.
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These are factors and themes identified by TBRC; the available material does not quantify how much each contributes to the forecast growth. They indicate that the publisher’s outlook is not confined to new oil and gas transmission lines: replacement work, distribution networks, water infrastructure, and emerging transport applications are also within its stated context.
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Project example cited in the report
TBRC’s report page describes a September 2025 Panama Canal Authority concession process for a proposed 76-kilometer energy pipeline linking Atlantic and Pacific terminals. TBRC says the proposed line would handle propane, butane, and ethane, with stated capacity of up to 2.5 million barrels per day. Those project specifications are as described by TBRC; they should not be mistaken for evidence that the proposed pipeline has been completed or is operating.
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