Pipeline Integrity Market - Global Forecast to 2024

1. Pipeline Integrity Market by Service, Application, Product, and Region - Global Forecast to 2024 www.MarketsandMarkets.com

2. 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- Tables 27 - Figures 128- Pages View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/pipeline-integrity-market-28727316.html

3. 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 Brochure : https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=28727316

4. 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 Customization : https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=28727316

5. 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 (E&P) 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 Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=28727316

6. 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 @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=28727316

7. 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/purchase_reportNew.asp?id=28727316

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