The Global Refined Petroleum Products Pipeline Transportation Market

Posted by praneeth on August 22nd, 2018

Refined petroleum products pipeline transportation industry comprises establishments primarily engaged in the pipeline transportation of refined petroleum products.

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The global refined petroleum products pipeline transportation market was valued at USD 1.8 billion in 2017, and is expected to be driven by the emerging markets around the world and rising demand for energy resources. Rising demand for refined petroleum products worldwide has generated a need for infrastructure to be laid for its transportation. North America was the largest geographic region in the market, accounting for more than one-fourth of the global market share.

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The USA was the largest country in the market, accounting for more than one-fourth of the global market share in 2017.

The top five competitors in the market are Buckeye Partners, Shell Pipeline Company LP, NuStar Energy LP, Date Pipeline Co, and Gulf South Pipeline Co LP. Buckeye Partners was the biggest player in natural gas pipeline transportation market in 2017. It provides liquid petroleum products pipelines in the USA and operates through three segments: domestic pipelines & terminals, merchant services, and global marine terminals. The merchant services segment is involved in the wholesale distribution of refined petroleum products, including gasoline, ethanol, natural gas liquids, and biodiesel, as well as petroleum distillates. The company is headquartered in Houston, Texas.

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