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The Global Pipeline Pigging Systems Market 2017-2021 report considers the revenue generated from the sales of pipeline pigging systems. The augmented oil and gas demands need significant support from the associated infrastructure for the market to develop. In this respect, the global pipeline infrastructure has expanded by a factor of almost 100 in the past half a century. The pipelines associated in the oil and gas business are utilized to transport a multitude of commodities over various distances.Complete report on pipeline pigging systems market spread across 70 pages, analyzing 5 major companies and provides 32 data exhibits is now available at http://www.reportsnreports.com/reports/928981-global-pipeline-pigging-systems-market-2017-2021.html .
The analysts forecast global pipeline pigging systems market to grow at a CAGR of 3.56% during the period 2017-2021. Magnetic flux leakage (MFL) and ultrasonic testing (UT) are the two primary methods for the in-line inspection. UT is the recommended method, if the pipeline parameters permit because it offers higher accuracy and easier mobilization. The main reasons for the recommendation of UT are their adaptability with heavy walled pipes. They also require the use of liquid couplant from which ultrasonic pulses can travel in and out of the wall pipe.
According to the pipeline pigging systems market report, with ongoing research into corrosion and technological progress in corrosion inspection and monitoring tools (and easily available corrosion mitigation and control systems), there seems to be no progress in reduction of corrosion issues over the years. The oil and gas industry is operating a large global pipeline network in which corrosion poses a major problem. The consequences of failure could impact on a larger scale of damage to property and finances. In August 2007, the pipeline failure at a gas pipeline in Carlsbad (New Mexico) resulted in the damages of $1 million.
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The following companies are the key players in the global pipeline pigging systems market: 3P Services, Baker Hughes, Dacon Inspection Services, PII Pipeline Solutions, and LIN SCAN. Other Prominent Vendors in the market are: Alpha Pipeline Integrity Services, CIRCOR Energy, Diamond Edge Services, Enduro Pipeline Services, GeoCorr, NDT Global, Pigs Unlimited International, Pure Technologies, and Russell NDE Systems
Further, the report states that we expect the cost of pigging in the industry to be high during the forecast period. To clean chemically, a cleaning pig of 24-inch diameter for a 15-mile gas pipeline costs between $210,000 to $250,000 with a disposal fee of $25,000-$30,000. This clean operation is done before an ILI operation of a smart pig, which also costs another $100,000. If we look at the total cost of the entire operation for a 15-mile pipeline, it costs an estimated $335,000 to $380,000 and $35,000 per mile.
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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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