【English Market Research Report】Global Pipeline Transportation Market

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The global pipeline transportation market was valued at approximately 20.62 billion USD in 2022 and is projected to grow at a healthy growth rate of over 5.4% during the forecast period from 2023 to 2030. Pipeline transportation is a method of transporting goods (usually liquids or gases) from one location to another through a network of pipes. This mode of transport is commonly used for the efficient and safe long-distance transportation of oil, natural gas, water, and various chemicals. Pipelines are laid underground, underwater, or above ground, depending on the terrain and the materials being transported. Pipelines have several advantages, including reduced transportation costs, minimal environmental impact compared to other modes of transport such as truck and maritime transport, and the assurance of a stable supply of transported goods due to continuous flow. The pipeline transportation market is expanding due to factors such as increasing demand for energy resources, rising demand for water transport, and an increase in oil and gas pipeline projects.

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