Specialty pipeline market to expand through 2015
The emergence of specialty pipelines that deliver renewable and alternative energy substances from the point of production to points of blending, storage or end use will be a catalyst for growth in the development of current and future alternative fuel projects, according to Specialty Pipelines for Renewable and Alternative Energy Substances by market research publisher SBI Energy.
The report predicts that the market for specialty pipelines will expand through 2015 due to several factors, including the continued development of renewable and alternative energy substance production capacities, government and industry efforts to facilitate comprehensive transitioning of national energy economies and emerging trends of growth in the demand for various energy substances.
SBI Energy estimates that the total global market for specialty pipelines will show year over year increases of at least 30% though 2015, resulting in the global specialty pipelines market being valued at over $3 billion (€2.28 billion) by 2015.
‘Without adequate midstream transportation assets or infrastructure, otherwise marketable renewable and alternative energy substances are excluded from major energy markets and consumers,’ said Robert Eckard, SBI Energy analyst and author of the industry study. ‘Investment in specialty pipelines is an emergent trend resulting from rising demand for renewable fuel and CO2 transportation and the inability of current logistics networks to meet projected regional and international demand for those substances.’
The report predicts that the market for specialty pipelines will expand through 2015 due to several factors, including the continued development of renewable and alternative energy substance production capacities, government and industry efforts to facilitate comprehensive transitioning of national energy economies and emerging trends of growth in the demand for various energy substances.
SBI Energy estimates that the total global market for specialty pipelines will show year over year increases of at least 30% though 2015, resulting in the global specialty pipelines market being valued at over $3 billion (€2.28 billion) by 2015.
‘Without adequate midstream transportation assets or infrastructure, otherwise marketable renewable and alternative energy substances are excluded from major energy markets and consumers,’ said Robert Eckard, SBI Energy analyst and author of the industry study. ‘Investment in specialty pipelines is an emergent trend resulting from rising demand for renewable fuel and CO2 transportation and the inability of current logistics networks to meet projected regional and international demand for those substances.’
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