Pipeline construction market seen topping $70 billion by 2030

The global pipeline construction market is forecast to exceed $70 billion by 2030, driven by energy transport needs, water infrastructure upgrades and cleaner-fuel projects. TechnipFMC held the biggest share in 2025 at 7%, while Asia-Pacific and the United States lead regional and country growth outlooks.

Why it matters: - Pipeline construction sits at the center of energy delivery, water systems and industrial growth. - The market’s expansion signals more spending on transmission networks, replacement of aging lines and infrastructure tied to cleaner fuels. - The report also shows a fragmented market, giving large contractors room to win projects through scale, technology and execution.

What happened: - The Business Research Company said the global pipeline construction market is expected to surpass $70 billion by 2030. - The market is forecast to grow at a 6% compound annual growth rate through 2030. - TechnipFMC plc held the largest global market share in 2025 at 7%. - McDermott International Inc. also held a 7% share in 2025.

The details: - Asia-Pacific is projected to be the largest regional market in 2030 at $23 billion, up from $18 billion in 2025. - Asia-Pacific is forecast to grow at a 5% CAGR, supported by cross-border energy transport, urban expansion, new industrial zones and government-backed infrastructure projects. - The United States is projected to be the largest country market in 2030 at $17 billion, up from $13 billion in 2025. - U.S. growth is tied to natural gas transport buildout, pipeline replacement programs and demand for more resilient energy distribution networks. - Metallic pipes are expected to dominate with 66% of the market, or about $46 billion in 2030. - The market also includes non-metallic pipes, valves, pipeline components, metering skids and compressor stations. - Key application areas include liquid pipelines and gas pipelines. - Major end-user groups include oil and gas, chemical, water and wastewater, and energy companies. - The report said the top 10 companies accounted for 21% of total revenue in 2025.

Between the lines: - The demand mix points to three big spending themes: energy infrastructure, water infrastructure and lower-carbon transmission. - Pipeline replacement and expansion remain important because older systems still need upgrades while new systems are built. - The 7% share held by TechnipFMC and McDermott suggests no single company dominates the market. - The market’s moderate fragmentation may favor companies with strong engineering capability, global delivery networks and compliance expertise. - The report highlighted an inter-oceanic energy pipeline project in Panama, where the Panama Canal Authority started a concession process in September 2025. - The proposed pipeline would run 76 kilometers between Atlantic and Pacific terminals and carry up to 2.5 million barrels per day of propane, butane and ethane.

What's next: - Growth is expected to come from new transmission systems, water and wastewater upgrades, and infrastructure for hydrogen, renewable natural gas and carbon capture transport. - Metallic and non-metallic pipeline segments are together projected to add more than $17 billion in value between 2025 and 2030. - Companies are expected to keep investing in automated monitoring, leak detection, corrosion-resistant materials and digital asset management. - More information - Request a free sample

The bottom line: - Pipeline construction is positioned for steady growth through 2030 as energy, water and cleaner-fuel infrastructure spending accelerates worldwide.