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APAC Pipeline Pigging Market to Generate $3,161.46 Million By 2032, Registering at a CAGR of 5.6%

06-06-2024 09:13 AM CET | Energy & Environment

Press release from: Polaris Market Research & Consulting

APAC Pipeline Pigging Market

APAC Pipeline Pigging Market

๐“๐ก๐ž ๐€๐๐€๐‚ ๐ฉ๐ข๐ฉ๐ž๐ฅ๐ข๐ง๐ž ๐ฉ๐ข๐ ๐ ๐ข๐ง๐  ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ 1,931.77 ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2023 ๐š๐ง๐ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ข๐ฌ๐ž ๐ญ๐จ ๐”๐’๐ƒ 3,161.46 ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ 2032. ๐“๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ž๐ ๐ข๐ฌ๐ญ๐ž๐ซ ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ 5.6% ๐๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐ข๐จ๐ ๐Ÿ๐ซ๐จ๐ฆ 2024 ๐ญ๐จ 2032.

๐•๐š๐ซ๐ข๐จ๐ฎ๐ฌ ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐ฉ๐ซ๐จ๐ฉ๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐ญ๐ก๐ž ๐๐ž๐ฆ๐š๐ง๐ ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž ๐€๐๐€๐‚ ๐ฉ๐ข๐ฉ๐ž๐ฅ๐ข๐ง๐ž ๐ฉ๐ข๐ ๐ ๐ข๐ง๐  ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž:
โ€ข The importance of regular cleaning and inspection to prevent corrosion and improve operational efficiency has surged, driving the demand for pipeline pigging services.

โ€ข 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.

โ€ข 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.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/apac-pipeline-pigging-market/request-for-sample

๐–๐ก๐š๐ญ ๐ข๐ฌ ๐€๐๐€๐‚ ๐๐ข๐ฉ๐ž๐ฅ๐ข๐ง๐ž ๐๐ข๐ ๐ ๐ข๐ง๐ ?
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.

๐“๐จ๐ฉ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ:
The APAC pipeline pigging market is cohesive in nature. Some of the leading companies in the markets are:
โ€ข CETCO.
โ€ข CHINA VIHUNG VALVE CO., LTD
โ€ข Dexon Technology PLC
โ€ข EMT Piping
โ€ข NDT Global Services Ltd.
โ€ข Rosen Group.
โ€ข Semigorye" LLC
โ€ข SGS SA.
โ€ข Shenyang EMT Pigging Technology Co., Ltd
โ€ข Sriram Foams Private Limited
โ€ข T.D.Williamson

๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐“๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ: https://www.polarismarketresearch.com/buy/3901/2

๐€๐๐€๐‚ ๐๐ข๐ฉ๐ž๐ฅ๐ข๐ง๐ž ๐๐ข๐ ๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ :
โ€ข 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.

โ€ข 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.

โ€ข 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.

โ€ข 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.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐“๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž: https://www.polarismarketresearch.com/industry-analysis/apac-pipeline-pigging-market

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ฅ๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:
โ€ข China
โ€ข India
โ€ข Japan
โ€ข Malaysia
โ€ข South Korea
โ€ข Indonesia
โ€ข Australia
โ€ข Rest of APAC

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐›๐ซ๐ž๐š๐ค๐๐จ๐ฐ๐ง:
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.
โ€ข ๐๐ฒ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ
o Pigging
o Intelligent Pigging

โ€ข ๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง
o Metal Loss/Corrosion Detection
o Geometry Measurement & Bend Detection
o Others

โ€ข ๐๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž
o Oil
o Gas

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:
๐ƒ๐ข๐ ๐ข๐ญ๐š๐ฅ ๐Ž๐ข๐ฅ๐Ÿ๐ข๐ž๐ฅ๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ : https://www.polarismarketresearch.com/industry-analysis/digital-oilfield-market
๐‡๐ฒ๐๐ซ๐จ๐ ๐ž๐ง ๐’๐ญ๐จ๐ซ๐š๐ ๐ž ๐“๐š๐ง๐ค๐ฌ ๐š๐ง๐ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ๐š๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ : https://www.polarismarketresearch.com/industry-analysis/hydrogen-storage-tanks-and-transportation-market
๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐๐ข๐ฉ๐ž๐ฅ๐ข๐ง๐ž ๐๐ข๐ ๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ : https://www.polarismarketresearch.com/industry-analysis/europe-pipeline-pigging-market
๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐๐ข๐ฉ๐ž๐ฅ๐ข๐ง๐ž ๐๐ข๐ ๐ ๐ข๐ง๐  ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ : https://www.polarismarketresearch.com/industry-analysis/north-america-pipeline-pigging-services-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ :

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก :

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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