Demand for protective pipeline coatings, anti-corrosion composites and technologies, and other specialty components will ignite annual increases of 30% or more in the global specialty pipeline market through 2015, according to a new market forecast.
“The world is rushing to harness alternative and renewable energy sources, and global specialty pipeline infrastructure is jumping to keep up,” SBI Energy of Rockville, MD, reports in Specialty Pipelines, Components, Materials and Global Markets.
Protective coatings, large-diameter resin and plastic pipes, specialty industrial pumps and compressors for corrosive substances, specialty valves, and technologies able to detect pipeline leaks will be in increasing demand for aging existing pipelines for natural gas, petroleum, and petroleum products.
Key to Tomorrow’s Fuels
Moreover, specialty pipeline transportation holds the key to the growth of the alternative fuel market, SBI Energy reports.
Biodiesel, ethanol, biomethane and other renewable fuels can be corrosive or destructive to existing or conventional pipelines, fittings, seals and related infrastructure, the report says.
“Due to the increased risk of corrosion or stress-related cracking of specialty pipelines that carry ethanol or carbon dioxide, specialty pipelines also represent a notable market for state-of-the-art technologies used for existing petroleum pipelines to detect leaks, minimize corrosive wear, pitting, lamination loss, or metal loss,” the report says.
New Construction, Upgrades
Carbon dioxide can also be highly corrosive to conventional pipelines, resulting in increased leakage rates, high repair costs, and general pipeline deterioration, the report says.
“The need to upgrade existing pipelines or construct new specialty pipelines for these substances has led to the emergence of product markets for components and materials related to specialty pipelines.”
And because cross-contamination and other concerns preclude most pipelines from being used for both conventional and new fuels, the development of new fuels promises “to support the construction of substantial new pipeline infrastructure.”
Fueling the building boon is the growing popularity of pipelines as a transportation vehicle for a variety of substances long moved by truck, barge or rail, the report says.
The upshot, the authors say: a total global specialty pipeline market of more than $3 billion by 2015.
Specialty Pipelines, Components, Materials and Global Markets contains comprehensive historic and forecast data on the worldwide market for specialty pipelines, their components, materials, and supporting technologies. The report identifies key trends affecting the marketplace, along with trends driving growth, and central challenges to further market development.
The information is based on data and information gleaned from a wide range of government sources, trade associations, Securities and Exchange Commission reports, research services, U.S. national laboratories and the European Commission.