Pipeline Pigging Services Market Analysis

Pigging Type (Intelligent Pigging, Utility Pigging)

The intelligent pigging segment in the pipeline pigging services market will grow massively during the forecast period and will hold the biggest chunk of the market with almost 58% revenue share. The strict government rules over the world will drive the market and will help this segment to grow rapidly. EPA and state investigations have identified Clean Air Act (CAA) non-compliance initiated by unauthorized and/or excessive emissions from depressurizing pig launchers and receivers in natural gas accumulation operations. Well-planned and functioned kindling devices can accomplish vapor destruction efficacies as high as 95% to 98%. Combustion devices can be utilized in association with engineering solutions considered above that first limit gathering of or recover as much natural gas and condensing as possible before demolishing the remaining vapors in the burning device. An instance would be to route high-pressure systems to low-pressure lines and exhaust barrel condensate, then route the remaining vapors to a burning device.

End-Use (Oil & Gas, Chemicals, Construction)

Pipeline pigging services market from the oil and gas segment will grow and have the biggest revenue share of almost 81% by the end of 2037 because of the increasing consumption of pipelines in oil and gas fields. More than 190,000 miles of liquid petroleum pipelines travel the United States. Pipelines are secure, effective, and, because most are hidden, largely unnoticed. They transfer crude oil from oil reserves on land and offshore to refineries where it is converted into fuels and other materials, then from the refineries to terminals where fuels are carried to retail outlets. Pipelines function 24 hours a day, seven days a week—the requirement of pipelines in offshore oil and gas equipment and acquisition areas.

Our in-depth analysis of the global pipeline pigging services market includes the following segments: