Global pipeline integrity management market forecast

The global pipeline integrity management market is forecast to surpass US$10.4 billion by 2023.

Anticipated growth in the market can be attributed to growing demand for oil and gas, rising investments in pipeline infrastructure and advancements in the field of integrity management.

Moreover, increasing demand from the downstream operations, development of shale gas and synthetic natural gas, coupled with rising investments in research and development are further pushing demand for pipeline integrity management across the globe.

Additionally, anticipated rise in crude oil prices along with increasing number of pipeline accidents is further likely to steer the global pipeline integrity management market over the next five years.

Global Pipeline Integrity Management Market, 2013 - 2023 discusses the following aspects of pipeline integrity management market globally:

• Pipeline integrity management market size, share and forecast.
• Segmental analysis – by technology (pigging, cathodic protection and others), By application (upstream, midstream and downstream), by region (North America, Europe, Asia-Pacific, etc.).
• Competitive analysis.
• Changing market trends and emerging opportunities.

A few of the major players operating in the global pipeline integrity management market include: Emerson Electric Co.; Baker Hughes, A GE company; Yokogawa Electric Corporation; Fluor Corporation; Technip FMC PLC; Intertek Group PLC; Bureau Veritas; TUV Rheinland; Pembina Pipeline Corporation; Aker Solutions ASA; Shawcor Ltd.

Read the article online at: https://www.worldpipelines.com/business-news/21112018/global-pipeline-integrity-management-market-forecast/