1. Market Research
  2. > Energy & Environment
  3. > Energy Market Trends
Pipeline Integrity Management Market - Growth, Trends, and Forecast (2019 - 2024)

Pipeline Integrity Management Market - Growth, Trends, and Forecast (2019 - 2024)

  • April 2019
  • 191 pages
  • ID: 5778200
  • Format: PDF
  • By Mordor Intelligence LLP

Summary

Table of Contents

Search Inside

Market Overview
The market for pipeline integrity management is expected to grow at a CAGR of 2.93% during the forecast period of 2019 – 2024. Major factors driving the market studied are the rising exploration and production (E&P) development of unconventional oil and gas sources leading to the pipeline expansion, the bid to maintain output from ageing pipeline systems, and the need to cater to the rising energy demand by increasing the oil and gas pipeline infrastructure. The increasing preference towards marine vessel over subsea pipelines, for the oil and gas trade between countries separated by sea, has negatively impacted the demand for pipeline integrity management market.

- The onshore segment accounts for the largest share in the market studied. More than 80% of the pipelines are located onshore. The United States has sanctioned around 26 major onshore gas pipeline projects in 2017 and 2018. The country has a mandate of pipeline maintenance every year. These large number of projects are expected to contribute to the demand for pipeline integrity management services during the forecast period.
- The repair and refurbishment services segment accounted for around two-thirds of the market studied, mainly due to the fact that a sizable amount of pipeline integrity services spending goes into the corrosion prevention and corrosion repair services, which are the major parts of the repair and refurbishment segment.
- North America accounts for the largest market, led by the United States, mainly due to the shale boom, which has resulted in a huge demand for the expansion of the pipeline network and its capacity.

Key Market Trends
Increasing Natural Gas Pipeline Infrastructure

- By 2030, owing to factors, such as environmental benefits and quest for energy security in regions, such as Asia-Pacific, the consumption of natural gas is expected to witness the fastest growth rates among all fuel types. The lower cost, in comparison to other fossil fuels, is also expected to supplement the demand for natural gas during the forecast period.
- The natural gas pipeline network is expected to grow in parallel to the increase in natural gas demand, which, in turn, is expected to positively impact the global pipeline integrity management market in the coming years.
- Due to the advantages offered, such as reduction of transport volume by a factor of 600, liquefied natural gas or LNG is witnessing a continuously increasing share in the natural gas volumes traded, worldwide.
- Qatar continues to be one of the largest LNG exporters, a position it has been holding for over a decade.
- The LNG trade is expected to witness a significant increase globally, resulting in increased demand for natural gas pipeline network as well, which, in turn, is an upcoming opportunity for the pipeline integrity management market.

North America Region to Dominate the Market

- North America region dominated the global market share in 2018. In a bid to maintain production from the ageing pipelines and decommissioning of the old pipelines in the United States have driven the demand for pipeline integrity management in the region. The United States has one of the largest networks of pipelines in the world. Approximately one third of the total pipeline market in the country is used to transport crude oil, delivering millions of gallons of oil equivalent/day to various refineries and export terminals.
- As of 2017, there are more than 210 natural gas pipeline systems, with a vast network of natural gas pipeline, which is used to transport natural gas across the country and to other countries.
- Moreover, with the production of shale gas increasing rapidly, the need to transport higher amount of dry gas has initiated various expansion and new pipeline projects.
- In the United States, investment in the pipeline sector has gained momentum after the shale gas boom, which has further increased the need for sophisticated pipeline networks, calling for efficient operation and maintenance. However, corrosion of pipelines remains a significant challenge for pipeline operators.

Competitive Landscape
The pipeline services market is fragmented with a large number of players. The key companies in the market studied include T. D. Williamson Inc., Emerson Electric Co., Bureau Veritas SA, Baker Hughes, a GE Co., TÜV Rheinland AG, and SGS SA.

Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client’s requirements
- 3 months of analyst support

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
10% Off

($4250)

  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Pipeline Network Market by Offering, Application, Content, End-User Industry And Region - Global Forecast to 2024

Pipeline Network Market by Offering, Application, Content, End-User Industry And Region - Global Forecast to 2024

  • $ 4950
  • November 2019

Rising demand for oil and gas from developing countries to drive the pipeline network market growthThe pipeline network market is projected to grow from USD 8.5 billion in 2019 to USD 12.3 billion ...

Global Digital Oilfield Market - Opportunities and Forecast (2019-2024)

Global Digital Oilfield Market - Opportunities and Forecast (2019-2024)

  • $ 2400
  • November 2019

Executive SummaryThe Global Digital Oilfield Market was valued at USD 23,235.15 Million in the year 2018. Growing Exploration & Production (E&P) activities across the globe, exploration of shale resources ...

Oil and Gas Industry Quarterly Update: July-September 2019

Oil and Gas Industry Quarterly Update: July-September 2019

  • $ 4500
  • October 2019

This IDC Market Perspective provides an overview of the EMEA oil and gas industry in 3Q19, covering M&As, agreements, reorganizations, and major business developments; upstream, midstream, and downstream ...


ref:plp2019

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on