Pipeline Integrity Market - Global Forecast to 2024

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Pipeline Integrity Market by Service,
Application, Product, and Region - Global
Forecast to 2024
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The global pipeline integrity market is projected
to reach USD 2.1 billion by 2024 from an
estimated USD 1.7 billion in 2019, at a CAGR of
4.33 during the forecast period. This growth can
be attributed to huge investment pool in the
pipeline business, increased government mandate
and regulations for pipeline assessment, concern
over environment impact, the safety of pipelines
and energy infrastructure, and increased focus on
the remote management of oil gas pipeline for
process optimization automation. Browse and
in-depth TOC on "Pipeline Integrity Market" 68 -
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The inspection segment is expected to hold the
largest share of the pipeline integrity market,
by service, during the forecast period. The
inspection segment is estimated to dominate the
pipeline integrity market in 2019 and is
projected to be the largest market during the
forecast period. Rising government regulations
and mandates associated with the inspection of
pipelines are expected to drive the market during
the forecast period. Inspection services are
carried out using technologies such as magnetic
flux, ultrasonic, and caliper. Magnetic flux is
the most widely adopted technology in inspection
services. It is a nondestructive testing method,
which is used to detect corrosion, surface
pitting, cracks, and weld defects. It is used to
provide information on the condition of the pipe
wall. It scans the circumference and length of
the pipeline helping determine the remaining wall
thickness, depth, and location of metal, which is
lost due to deterioration mechanisms. PDF
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The refined product segment is expected to be the
fastest growing segment of the pipeline integrity
market, by product, during the forecast
period. The refined product segment accounted for
the highest CAGR during the forecast period.
Carbon dioxide (CO2), multiphase (oil and gas
mixed), Mono-Ethelyne Glycol (MEG), refined
petroleum products, and methanol have been
considered under the refined product segment.
Approximately only 1,000 km of less than 24
pipeline network is expected to be completed from
2019 to 2024. The Asia Pacific region, followed
by Africa and the Middle East are expected to be
the most attractive regions in this segment
because of the commissioning of planned projects
during the forecast period. Request for
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The Americas The largest pipeline integrity
market. In this report, the pipeline integrity
market has been analyzed with respect to 4
regions, namely, the Americas, Europe, Asia
Pacific, and the Middle East Africa. Americas
is estimated to dominate the global pipeline
integrity market in 2019. The growth of the
pipeline integrity market in the Americas is
driven by the rising shale gas oil production
and favorable regulations related to the
licensing of Exploration Production (EP)
activities. The US has a high integrated network
of pipelines for transferring natural gas
throughout the continent. Moreover, the country
has a network of approximately 3 million miles of
mainline and other pipelines that link natural
gas production areas and storage facilities with
consumers. Furthermore, in 2018, the country
planned to expand the offshore drilling to more
than 90 of waters in the Atlantic, the Pacific,
the Gulf of Mexico, and the Arctic. Request for
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• Key Questions Addressed by the Report
• The report identifies and addresses the key
  markets of pipeline integrity, which would help
  manufacturers review the growth in demand.
• The report helps the system providers understand
  the pulse of the market and provides insights
  into drivers, restraints, opportunities, and
  challenges.
• The report will help key players understand the
  strategies of their competitors better and make
  effective strategic decisions.
• The report addresses the market share analysis of
  the key players in the pipeline integrity market,
  and with the help of this, companies can enhance
  their revenues in the respective market.
• The report provides insights about emerging
  geographies for pipeline integrity, and hence the
  entire market ecosystem can gain a competitive
  advantage from such insights.
• To speak to our analyst for a discussion on the
  above findings,
• Speak to analyst _at_ https//www.marketsandmarkets.c
  om/speaktoanalystNew.asp?id28727316

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• Key players -
• Rosen (Switzerland),
• Baker Hughes, a GE Company (US),
• NDT Global (Germany),
• T.D. Williamson (US),
• SGS (Switzerland),
• Schneider Electric (France),
• Emerson (US),
• Applus (Spain),
• Altus Intervention (Malaysia),
• Enermech (UK),
• Intertek (UK),
• IKM Gruppen (Norway),
• Lin Scan (UAE), etc.
• Buy Now -
• https//www.marketsandmarkets.com/Purchase/purchas
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