Press release
APAC Pipeline Pigging Market to Generate $3,161.46 Million By 2032, Registering at a CAGR of 5.6%
๐๐ก๐ ๐๐๐๐ ๐ฉ๐ข๐ฉ๐๐ฅ๐ข๐ง๐ ๐ฉ๐ข๐ ๐ ๐ข๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ ๐๐๐ 1,931.77 ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2023 ๐๐ง๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐ข๐ฌ๐ ๐ญ๐จ ๐๐๐ 3,161.46 ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ 2032. ๐๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐๐ ๐ข๐ฌ๐ญ๐๐ซ ๐ ๐๐๐๐ ๐จ๐ 5.6% ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐ ๐๐ซ๐จ๐ฆ 2024 ๐ญ๐จ 2032.๐๐๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐๐ญ๐จ๐ซ๐ฌ ๐ฉ๐ซ๐จ๐ฉ๐๐ฅ๐ฅ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐๐๐ ๐ฉ๐ข๐ฉ๐๐ฅ๐ข๐ง๐ ๐ฉ๐ข๐ ๐ ๐ข๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข The importance of regular cleaning and inspection to prevent corrosion and improve operational efficiency has surged, driving the demand for pipeline pigging services.
โข There is an increasing demand for pipeline maintenance and repair solutions throughout the region. This increase is driven by the growing quantity of oil and gas pipelines, which necessitate efficient and cost-effective maintenance services.
โข Pipeline pigging, known for its cost-effectiveness and efficiency, is gaining popularity in the region. Its capacity to fully clean and check pipes not only matches present demand but also enables the sector to handle future development confidently.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/apac-pipeline-pigging-market/request-for-sample
๐๐ก๐๐ญ ๐ข๐ฌ ๐๐๐๐ ๐๐ข๐ฉ๐๐ฅ๐ข๐ง๐ ๐๐ข๐ ๐ ๐ข๐ง๐ ?
Pipeline pigging services use specialized equipment called "pigs" to clean, inspect, and repair pipes in industries such as oil and gas. These pigs are inserted into the pipeline and moved through it, cleaning debris, testing it for corrosion, and ensuring that it works smoothly.
Routine maintenance allows pipes to function more effectively, last longer, and prevent clogs, resulting in the safe and efficient conveyance of fluids. Pipeline-pigging services are critical to the effective and efficient operation of large pipeline networks in a range of industries, including oil and gas, petrochemicals, and water utilities. Pipeline pigging is the process of examining, maintaining, and cleaning pipes with specialized equipment known as pigs.
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
The APAC pipeline pigging market is cohesive in nature. Some of the leading companies in the markets are:
โข CETCO.
โข CHINA VIHUNG VALVE CO., LTD
โข Dexon Technology PLC
โข EMT Piping
โข NDT Global Services Ltd.
โข Rosen Group.
โข Semigorye" LLC
โข SGS SA.
โข Shenyang EMT Pigging Technology Co., Ltd
โข Sriram Foams Private Limited
โข T.D.Williamson
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ: https://www.polarismarketresearch.com/buy/3901/2
๐๐๐๐ ๐๐ข๐ฉ๐๐ฅ๐ข๐ง๐ ๐๐ข๐ ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ :
โข In 2023, the pigging segment accounted for the largest market share in the apac pipeline pigging market. Pigging is not limited to a single industry but finds applications across various sectors, including oil and gas, chemical, food and beverage, and water utilities. This broad applicability contributes to the resilience and expansion of the pigging market.
โข The metal loss/corrosion detection segment is expected to grow at the fastest CAGR during the forecast period. The pipeline pigging industry is witnessing rapid technological advancements in corrosion detection technologies. Advanced intelligent pigs equipped with sophisticated sensors, data analytics capabilities, and high-resolution imaging systems offer superior accuracy and reliability in identifying metal loss and corrosion along pipeline surfaces.
โข In 2023, China dominated the largest market. China has been rapidly expanding its pipeline infrastructure to meet the growing demand for energy resources, particularly oil and natural gas. The country's ambitious infrastructure projects, such as the Belt and Road Initiative, have led to extensive investments in pipeline construction and expansion, driving the demand for pigging services to ensure the integrity and efficiency of these pipelines.
โข India is expected to grow at the fastest CAGR in APAC pipeline pigging market. Consumers are increasingly concerned about the environmental and social impact of their food choices, leading to a rise in demand for sustainably produced food.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐: https://www.polarismarketresearch.com/industry-analysis/apac-pipeline-pigging-market
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐ฅ๐๐ง๐๐ฌ๐๐๐ฉ๐:
โข China
โข India
โข Japan
โข Malaysia
โข South Korea
โข Indonesia
โข Australia
โข Rest of APAC
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ซ๐๐๐ค๐๐จ๐ฐ๐ง:
The market is mainly segmented based on services, applications, end-use, and country. According to service type research, in 2023, the largest market share is held by the pigging segment. With Asia Pacific's aging pipeline infrastructure, frequent maintenance is becoming increasingly important to ensure safe and effective operations.
Based on application research, over the period, the metal loss/corrosion detection segment is expected to be the fastest-growing region in the APAC pipeline pigging market. Pipeline operators in Asia Pacific are increasingly recognizing the need to maintain pipeline integrity and safety.
โข ๐๐ฒ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ
o Pigging
o Intelligent Pigging
โข ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
o Metal Loss/Corrosion Detection
o Geometry Measurement & Bend Detection
o Others
โข ๐๐ฒ ๐๐ง๐-๐๐ฌ๐
o Oil
o Gas
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐ข๐ฅ๐๐ข๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ : https://www.polarismarketresearch.com/industry-analysis/digital-oilfield-market
๐๐ฒ๐๐ซ๐จ๐ ๐๐ง ๐๐ญ๐จ๐ซ๐๐ ๐ ๐๐๐ง๐ค๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ : https://www.polarismarketresearch.com/industry-analysis/hydrogen-storage-tanks-and-transportation-market
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ข๐ฉ๐๐ฅ๐ข๐ง๐ ๐๐ข๐ ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ : https://www.polarismarketresearch.com/industry-analysis/europe-pipeline-pigging-market
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐๐ข๐ฉ๐๐ฅ๐ข๐ง๐ ๐๐ข๐ ๐ ๐ข๐ง๐ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ : https://www.polarismarketresearch.com/industry-analysis/north-america-pipeline-pigging-services-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ :
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก :
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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