North America Pipeline Pigging Services Market Sets New Record, Projected at USD 5,669.39 Million by 2032 at 5.3% CAGR

𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐏𝐢𝐩𝐞𝐥𝐢𝐧𝐞 𝐏𝐢𝐠𝐠𝐢𝐧𝐠 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬

The recent shale revolution has led to a major increase in the development of new oil and gas transportation networks, which has, in turn, fostered steady expansion in the pipeline pigging services industry in North America.

𝐓𝐡𝐞 𝐅𝐮𝐧𝐝𝐚𝐦𝐞𝐧𝐭𝐚𝐥 𝐒𝐭𝐚𝐭𝐬:

● The North America pipeline pigging services market was valued at USD 3,552.30 million in 2023.
● The market is anticipated to grow to USD 5,669.39 million by 2032, exhibiting a CAGR of 5.3% during the forecast period.
● With the biggest market share for pipeline pigging services in North America, the United States dominated the industry.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞: https://www.polarismarketresearch.com/industry-analysis/north-america-pipeline-pigging-services-market/request-for-sample

𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧:

The phrase pipeline pigging services refers to the collection of techniques and equipment used in a number of industries, such as oil and gas, petrochemicals, and water distribution, to inspect, clean, and repair pipelines. The term "pigging" originates from the devices known as "pigs" that are inserted into the pipelines for these purposes. These pigs are typically spherical or cylindrical, and they are equipped with a range of tools and equipment according to the specific task at hand.

𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

The market for pipeline pigging services in North America is competitive, with both well-established businesses and up-and-coming specialist suppliers. Here are some of the prominent players operating in the North America pipeline pigging services market:

• American Pipeline Solutions
• Baker Hughes
• Dexton Technology USA
• Enduro Pipeline Solutions
• HPS Hygienic Pigging Systems
• iNPIPE PRODUCTS
• Montauk Services
• Pigging Smarter
• SFE Global
• SGS SA
• Sun Pipeline Solutions

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬: https://www.polarismarketresearch.com/buy/3900/2

𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐏𝐢𝐩𝐞𝐥𝐢𝐧𝐞 𝐏𝐢𝐠𝐠𝐢𝐧𝐠 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬

• The intelligent pigging services are expected to grow at the fastest CAGR owing to their wide applications in various industries to identify and qualify the problem related to pipeline pigging services.

• The metal loss/corrosion detection segment has dominated. Owing to the region's vast network of aging pipelines, especially in the oil and gas industry, it is expected to grow at the fastest CAGR.

• The U.S. is currently at the forefront of the Pipeline Pigging Services market in North America, owing to technological advancements such as the development of intelligent pigs provided with data analytics and sensor capabilities to enhance the effectiveness and accuracy of pipeline inspections.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬

• Expansion into Untapped Markets: Opportunities exist for pigging service providers to expand their operations into regions with less developed pipeline infrastructure.

• Adoption of Smart Pigging Technology: Increased use of smart pigs, which provide detailed data on pipeline conditions, can enhance the value of pigging services.

• Pipeline Network Expansion Projects: New pipeline construction projects across North America present significant opportunities for pigging service providers to offer their maintenance and inspection services.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: https://www.polarismarketresearch.com/industry-analysis/north-america-pipeline-pigging-services-market

𝐂𝐚𝐭𝐞𝐠𝐨𝐫𝐲-𝐖𝐢𝐬𝐞 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

The North America pipeline pigging services market is segmented by applications, end-use, services, and country. Services analysis indicates that the market is controlled by the pigging segment. Throughout the projection period, the intelligent pigging services are expected to grow at the fastest CAGR.

Additionally, the market has been dominated by the metal loss/corrosion detection sector, which, according to application analysis, is expected to expand at the fastest CAGR throughout the projected period.

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

APAC Pipeline Pigging Market: https://www.polarismarketresearch.com/industry-analysis/apac-pipeline-pigging-market

Hydrogen Storage Tanks and Transportation Market: https://www.polarismarketresearch.com/industry-analysis/hydrogen-storage-tanks-and-transportation-market

Digital Oilfield Market: https://www.polarismarketresearch.com/industry-analysis/digital-oilfield-market

Power Rental Market: https://www.polarismarketresearch.com/industry-analysis/power-rental-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐈𝐧𝐟𝐨:

Polaris Market Research
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Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

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This release was published on openPR.