Major Group SIC 46 - Pipelines, Except Natural Gas

SIC 46 - Pipelines, Except Natural Gas

SIC 46 - Pipelines, Except Natural Gas
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs

This major group includes establishments primarily engaged in the pipeline transportation of petroleum and other commodities, except natural gas. Pipelines operated by petroleum producing or refining companies and separately reported are included. Establishments primarily engaged in natural gas transmission are classified in Industry 4922.

Industry trends:

The "NAICS 46, Pipelines, Except Natural Gas" industry is experiencing several significant qualitative trends. Firstly, there is an increased focus on sustainability and environmental responsibility. Companies are investing in advanced technologies to reduce leaks, spills, and emissions, thus minimizing their environmental footprint. This includes smart sensors and real-time monitoring systems that enhance pipeline integrity and safety.

Secondly, there is a growing emphasis on regulatory compliance. With stricter regulations being enforced globally, industry players are prioritizing adherence to standards and protocols to avoid penalties and ensure long-term operational viability. This trend is pushing companies to adopt more rigorous inspection and maintenance schedules, as well as comprehensive documentation practices.

Another notable trend is the integration of digital transformation strategies. The adoption of digital twins, artificial intelligence, and machine learning is revolutionizing pipeline management. These technologies provide predictive analytics that optimize maintenance schedules and reduce downtime, leading to cost efficiencies and enhanced performance.

In the near future, the industry is expected to witness an increase in investments towards modernization of aging infrastructure. Governments and private entities are likely to allocate substantial funds for the overhaul and expansion of pipelines to meet the rising demand for efficient and reliable transport of liquids, such as water, crude oil, and chemicals.

Additionally, there is a forecasted trend towards increased collaboration and partnership. Industry players are likely to form strategic alliances to leverage each other’s strengths in technology, expertise, and resources, thereby driving innovation and competitive advantage in a rapidly evolving market landscape.

This industry is comprised of:

SIC 461 - Pipelines, Except Natural Gas

Explore related industries:

SIC 13 - Oil And Gas Extraction SIC 29 - Petroleum Refining And Related Industries SIC 42 - Motor Freight Transportation And Warehousing

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