One of the most eminent flow assurance problems faced by the oil & gas pipeline operators is the build-up of deposits in pipelines. Any disruption to the internal pipe surface, such as paraffin wax or a build-up of scale, hydrate, asphaltenes or other corrosive materials, significantly impacts cost borne by the operators to maintain desired flow rates. Pigging is a universal solution used by the oil & gas industry as part of their pipeline inspection and maintenance program. Failure to carry out regular pigging operations on pipeline generally results in increased accumulation of debris and can cause operators to lose worth millions of dollars, in terms of man-hour, equipment, and safety. Due to this reason pigging services have become an integral part of the pipeline operation and maintenance system.
Growing Pipeline Network to Drive the Market
Natural gas is increasingly replacing coal and nuclear energy amid widespread efforts to decarbonize growing economies and to diversify energy supply in numerous regions across the globe. The extraction of new sources of natural gas, such as shale gas deposits, and the resulting price pressure are increasing the international trade in natural gas. Owing to these developments, the demand for gas pipelines have increased. In the past three years, out of all new oil & gas pipeline installations, about 80% were for the transportation of gas. As the gas has a much higher velocity, any disruption in the flow can cause significant pressure drops and sometimes major accidents due to the formation of the vacuum cavity. Therefore gas pipelines require more accurate and in turn expensive pigging services such as caliper pigging. Therefore, with the growing gas pipeline network, the demand for highly advanced pigging services is expected to increase in turn driving the market during the forecast period.
North America to Lead the Market
In 2017, North America is estimated to contribute a staggering 42.46% in the global pipeline network. As of 2017, the United States alone had more than 76,000 miles of the crude oil pipeline, out of which more than one-third were installed before the 1960s. The aging pipelines require more frequent maintenance services including, intelligent and utility pigging. The maintenance and services of these pipelines are a must to sustain the country's vast oil & gas industry. Therefore, owing to large pipeline network and aging pipeline system, North America is expected to lead the market during the forecast period.
Key Developments in the Market
- May 2018: Shell Midstream Partners, L.P. LLC recently made a purchase and sale agreement to acquire Shell's ownership interest in Amberjack Pipeline Company LLC, which is comprised of 75% of Amberjack Series A and 50% of Amberjack Series B for USD 1.22 billion. This acquisition is expected to demonstrate the company's ability to deliver against our promises and positions us well for the future."
The major players include - Rosen Group, T.D. Williamson, Inc, NDT Global Services Ltd, Onstream Pipeline Inspection Ltd., Dacon Inspection Services Co Ltd, IKM Gruppen AS, Enduro Pipeline Services, Inc., Baker Hughes A GE Company, Romstar Sdn. Bhd., Penspen Limited, STATS Group, and Rouge Pipeline & Process Services Oil States Industries amongst others.
Reasons to Purchase This Report
- Current and future pipeline pigging services market outlook in the developed and emerging markets.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- The segment that is expected to dominate the market.
- Regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments and strategies employed by the major market players.
- 3 months analyst support along with the Market Estimate sheet (in excel).
Customization of the Report
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1. Executive Summary
2. Research Methodology
2.1 Scope of the Report
2.2 Market Definition
2.3 Study Assumptions
2.4 Study Deliverables
2.5 Research Phases
3. Market Overview
3.2 Market Size and Demand Forecast in USD million, till 2023
3.3 Installed Pipeline Historic Length and Forecast in kilometers, till 2023
3.4 Inter-regional Pipeline Import Capacity in BSCM, till 2023
3.5 Inter-regional Pipeline Export Capacity in BSCM, till 2023
3.6 Investment in Pipelines, LNG Liquefaction, and LNG Receiving Terminals in USD Billion, 2016-2023
3.7 Installed Pipeline in kilometers, By Region, 2017
3.8 Technology Analysis
3.9 Application Analysis
3.10 Recent Trends and Developments
3.11 Government Policies and Regulations
4. Market Dynamics
5. Value Chain Analysis
6. Industry Attractiveness - Porter’s Five Force Analysis
6.1 Bargaining Power of Suppliers
6.2 Bargaining Power of Consumers
6.3 Threat of New Entrants
6.4 Threat of Substitutes
6.5 Intensity of Competitive Rivalry
7. Market Segmentation and Analysis (Overview, Market Size and Demand Forecast until 2023)
7.1 By Pigging Type
7.1.1 Magnetic Flux Leakage (MFL) Pigging
7.1.2 Ultrasonic Test Pigging
7.1.3 Caliper Pigging
7.1.4 Utility Pigging
7.2 By Application
7.2.1 Crack & Leakage Detection
7.2.2 Metal Loss / Corrosion Detection
7.2.3 Geometry Measurement & Bend Detection
7.3 By Pipeline Fluid Type
8. Regional Market Analysis (Overview, Market Size, and Demand Forecast until 2023)
8.1 North America
8.1.1 United States
8.1.3 Rest of North America
8.2.4 Rest of Asia-Pacific
8.3.3 United Kingdom
8.3.4 Rest of Europe
8.4 Middle East
8.4.1 Saudi Arabia
8.4.5 Rest of Middle East
8.5.3 Rest of Africa
8.6 South America
8.6.3 Rest of South America
9. Key Company Analysis* (Overview, Products & Services, Financials**, Recent Developments, and Analyst View)
9.1 Rosen Group
9.2 T.D. Williamson, Inc
9.3 NDT Global Services Ltd
9.4 Onstream Pipeline Inspection Ltd.
9.5 Dacon Inspection Services Co Ltd
9.6 IKM Gruppen AS
9.7 Enduro Pipeline Services, Inc.
9.8 Baker Hughes A GE Company
9.9 Romstar Sdn. Bhd.
9.10 Penspen Limited
9.11 STATS Group
9.12 Rouge Pipeline & Process Services
9.13 Oil States Industries
10. Competitive Landscape
10.1 Mergers and Acquisitions
10.2 Joint Ventures, Collaborations, and Agreements
10.3 Strategies Adopted by Leading Players
*List not Exhaustive
**Subject to availability to public domain