The Global Pipeline & Process Services market accounted for $3.16 billion in 2018 and is expected to reach $5.48 billion by 2027 growing at a CAGR of 6.3% during the forecast period.
Increasing consumption of natural gas, rising demand for energy and the discovery of new gas and oil reserves, high investments lined up for pipeline business are some key factors influencing the market growth. However, issues related to by cross-border oil & gas pipeline projects is hampering the market growth.
Based on service, the pre-commissioning & commissioning segment is constantly enhancing due to huge volume of pipeline (km) pre-commissioning in North America and Asia Pacific regions. Pre-commissioning is the series of processes carried out on the pipeline before the final product is introduced.
By geography, North America is estimated to have a lucrative growth due to rising demand for energy and transportation produced crude &natural gas from remote locations in the region.
Some of the key players in Pipeline & Process Services market include Halliburton, IPEC, Trans Asia Pipelines, BHGE, Enermech, Saudi Aramco, Bluefin Group, Hydratight, IKM, Techfem Spa, Altus Intervention, Schlumberger Limited, Chenergy Services, Tucker Energy Services, and Future Pipe Industries.
What the report offers:
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
5 Global Pipeline & Process Services Market, By Asset Type 5.1 Introduction 5.2 Pipeline 5.2.1 Distribution Pipeline 5.2.2 Transmission Pipeline 5.3 Process 5.3.1 Forties Pipeline System (FPS) 5.3.2 Refinery & Petrochemical Facilities 5.3.3 Gas Storage 5.3.4 Gas Processing
6 Global Pipeline & Process Services Market, By Service 6.1 Introduction 6.2 Pre-Commissioning & Commissioning 6.2.1 Dewatering & Leak Testing 6.2.2 Filling, Cleaning and Gauging 6.2.3 Hydrostatic Testing 6.2.4 Pressure Testing 6.2.5 Other Pre-Commissioning & Commissioning Services 6.2.6 Nitrogen Services 6.2.7 Chemical Cleaning 6.3 Inspection Services 6.4 Decommissioning 6.4.1 Nitrogen Service 6.4.2 Flushing 6.4.3 Bolting & Tensioning 6.4.4 Pipe Freezing 6.4.5 Chemical Cleaning 6.4.6 Other Decommissioning Services 6.5 Maintenance 6.5.1 Flange Management 6.5.2 Flow Remediation 6.5.3 Chemical Cleaning 6.5.4 Bolting & Tensioning, & Flange Management 6.5.5 Nitrogen Services 6.5.6 Pipe Freezing 6.5.7 Other Maintenance Services 6.6 Other Services 6.6.1 Umbilical Services 184.108.40.206 Umbilical Flushing 220.127.116.11 Umbilical Testing 6.6.2 Pneumatic Testing 6.6.3 De-scaling 6.6.4 De-sanding 6.6.5 De-oiling 6.6.6 Corrosion Prevention 6.6.7 Vacuum Drying 6.6.8 Hot Oil Flushing
7 Global Pipeline & Process Services Market, By End User 7.1 Introduction 7.2 Power Generation 7.3 Chemicals and Refined Products 7.4 Water and Waste Water 7.5 Oil & Gas 7.6 Other End Users
8 Global Pipeline & Process Services Market, By Geography 8.1 Introduction 8.2 North America 8.2.1 US 8.2.2 Canada 8.2.3 Mexico 8.3 Europe 8.3.1 Germany 8.3.2 UK 8.3.3 Italy 8.3.4 France 8.3.5 Spain 8.3.6 Rest of Europe 8.4 Asia Pacific 8.4.1 Japan 8.4.2 China 8.4.3 India 8.4.4 Australia 8.4.5 New Zealand 8.4.6 South Korea 8.4.7 Rest of Asia Pacific 8.5 South America 8.5.1 Argentina 8.5.2 Brazil 8.5.3 Chile 8.5.4 Rest of South America 8.6 Middle East & Africa 8.6.1 Saudi Arabia 8.6.2 UAE 8.6.3 Qatar 8.6.4 South Africa 8.6.5 Rest of Middle East & Africa
9 Key Developments 9.1 Agreements, Partnerships, Collaborations and Joint Ventures 9.2 Acquisitions & Mergers 9.3 New Product Launch 9.4 Expansions 9.5 Other Key Strategies
10 Company Profiling 10.1 Halliburton 10.2 IPEC 10.3 Trans Asia Pipelines 10.4 BHGE 10.5 Enermech 10.6 Saudi Aramco 10.7 Bluefin Group 10.8 Hydratight 10.9 IKM 10.10 Techfem Spa 10.11 Altus Intervention 10.12 Schlumberger Limited 10.13 Chenergy Services 10.14 Tucker Energy Services 10.15 Future Pipe Industries