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Virtual Pipeline Market Share

Report ID: GMI6816
Published Date: Sep 2023
Report Format: PDF

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Virtual Pipeline Market Share

Major companies in the virtual pipeline market include

GasGrows Solutions Private Limited
Kinder Morgan
NG Advantage LLC.
Snam SPA, Stabilis Solutions, Inc.
FIBA Technologies, Inc.
Hexagon Agility
Petroliam Nasional Berhad (PETRONAS)
Gas Malaysia Virtual Pipeline Sdn. Bhd.
Air Products and Chemicals, Inc.
Galileo Technologies S.A.
Xpress Natural Gas
CNG Services Limited
Aggreko
Gáslink - Gás Natural, S.A.

Kinder Morgan, Stabilis Solutions, and Hexagon Agility have established strong market positions in the virtual pipeline market owing to their high operation efficiency and distribution network across regions. Kinder Morgan boasts a vast network of natural gas infrastructure and extensive experience in energy transportation, enabling it to efficiently operate virtual pipelines and deliver reliable gas supplies to a wide range of customers. Stabilis Solutions specializes in providing comprehensive solutions for liquefied natural gas (LNG) distribution, including small-scale LNG production, making it a key player in the market's demand.

Moreover, Hexagon Agility is recognized for its innovative and lightweight composite natural gas storage systems, which enhance the mobility and versatility of virtual pipelines, making them an attractive choice for diverse applications. These companies have demonstrated a commitment to safety, sustainability, and meeting the evolving energy needs of industries and communities, contributing to their strong market positions in the dynamic virtual pipeline sector.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of virtual pipeline surpassed USD 2.3 billion in 2023 and is set to exceed USD 3.9 billion by 2032, attributed to the growing need for reliable and flexible energy distribution solutions, particularly in regions with limited access to traditional pipeline infrastructure.

The CNG fuel segment accounted for more than USD 490 million in 2022 and is poised to witness over 6.5% CAGR from 2023 to 2032, owing to the increasing demand for clean and environmentally friendly fuel.

North America market is set to expand at over 5% CAGR from 2023 to 2032, driven by the abundant natural gas reserves, particularly in the U.S. and Canada.

Kinder Morgan, NG Advantage LLC., Stabilis Solutions, Inc., Hexagon Agility, Air Products and Chemicals, Inc., Galileo Technologies S.A., Xpress Natural Gas, CNG Services Limited, Aggreko, Gáslink - Gás Natural, S.A., and Gas Malaysia Virtual Pipeline Sdn. Bhd are some of the leading virtual pipeline companies.