At 4.1% CAGR, South & Central America Gas Pipeline Infrastructure Market is Projected to be Worth US$ 229.67 Billion by 2030, says Business Market Insights

According to Business Market Insights research, the South & Central America gas pipeline infrastructure market was valued at US$ 166.69 billion in 2022 and is expected to reach US$ 229.67 billion by 2030, registering a CAGR of 4.1% from 2022 to 2030. Integration with renewable energy and increase in energy demand are among the critical factors attributed to the South & Central America gas pipeline infrastructure market expansion.

Integration with renewable energy involves leveraging natural gas pipelines to support the intermittent nature of renewable sources such as solar and wind power. This integration offers opportunities for pipeline operators to collaborate with renewable energy developers and invest in infrastructure that complements renewable energy generation. For example, gas-fired power plants can provide backup and grid stability during periods of low renewable energy output, reducing reliance on fossil fuels and carbon emissions. Additionally, advancements in technologies like power-to-gas allow excess renewable energy to be converted into hydrogen or synthetic natural gas, which can be stored in pipelines for later use. By integrating natural gas pipelines with renewable energy sources, companies can contribute to decarbonization efforts, enhance energy security, and support the transition to a more sustainable energy system.

On the contrary, rapid expansion or investment towards renewable power generation from solar and wind hampers the growth of South & Central America gas pipeline infrastructure market.

Based on operation, the South & Central America gas pipeline infrastructure market is bifurcated into transmission and distribution. The distribution segment held 53.7% share of South & Central America gas pipeline infrastructure market in 2022, amassing US$ 89.50 billion. It is projected to garner US$ 120.05 billion by 2030 to expand at 3.7% CAGR during 2022-2030.

In terms of equipment, the South & Central America gas pipeline infrastructure market is categorized into pipeline, compressor station, metering skids, and valves. The pipeline segment held 51.8% share of South & Central America gas pipeline infrastructure market in 2022, amassing US$ 86.29 billion. It is projected to garner US$ 120.61 billion by 2030 to expand at 4.3% CAGR during 2022-2030.

Based on application, the South & Central America gas pipeline infrastructure market is bifurcated into onshore and offshore. The onshore segment held 74.9% share of South & Central America gas pipeline infrastructure market in 2022, amassing US$ 124.79 billion. It is projected to garner US$ 171.13 billion by 2030 to expand at 4.0% CAGR during 2022-2030.

By country, the South & Central America gas pipeline infrastructure market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Argentina captured 46.3% share of South & Central America gas pipeline infrastructure market in 2022. It was assessed at US$ 77.19 billion in 2022 and is likely to hit US$ 102.71 billion by 2030, exhibiting a CAGR of 3.6% during 2022-2030.

Key players operating in the South & Central America gas pipeline infrastructure market are Enbridge Inc, Berkshire Hathaway Inc, Kinder Morgan Inc, and Saipem SpA, among others.

• In October-2021, Saipem has been awarded new onshore drilling contracts in the Middle East and in South America. A contract has been awarded in the United Arab Emirates with a duration of approximately 15 months.
  
  

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