Global Market for Pipeline Processing and Pipeline Services to Benefit from Discovery of New Oil and Gas Reserves Worldwide
Transparency Market Research has published a new report "Global Pipeline Processing and Pipeline Services Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023" to its report store.
Albany, NY -- (SBWire) -- 05/11/2016 --A new market research report, titled "Global Pipeline Processing and Pipeline Services Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023," by Transparency Market Research offers a detailed analysis of the market. The study talks about its product segmentation, major geographical segments, key drivers and barriers, and competitive landscape. The study also provides the historical data and estimated figures for the global market for pipeline processing and pipeline services with the help of tables, charts, and infographics.
Browse Global Pipeline Processing and Pipeline Services Market Report with Full TOC at : http://www.transparencymarketresearch.com/pipeline-processing-pipeline-services-market.html
By processes, the global market for pipeline processing and pipeline services has been classified into leak detection, pipe freezing, hot oil flushing, chemical cleaning, foam inerting, leak metering, hot tapping, controlled bolting, and others. By service, the global market for pipeline processing and pipeline services has been segmented into pipeline gauging, dewatering, pipeline cleaning, nitrogen purging, filling and flooding, testing services, vacuum drying, and others.
These different services and processes are carried out in order to remove slag, detect corrosion and cracks, clean pipes, and get rid of any other anomalies for optimal and efficient operations of pipeline for a longer duration. Various processing and services for pipeline are deployed for both onshore and offshore pipelines. The market share of every segment has been included in the research report, along with the forecast statistics.
Although high initial investments and the falling prices of oil and gas across the globe may pose a threat to the pipeline processing and pipeline services market. However, new natural gas and oil resources along with rise in consumption of oil & gas may prove beneficial to the pipeline processing and pipeline services industry. All these factors predict an upward growth trajectory for the pipeline processing and pipeline services market during the forecast period.
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The growing demand for the discovery of new oil and gas reserves and energy worldwide is one of the major factors expected to augment the growth of the global market for pipeline processing and pipeline services in the next few years. The availability of advanced technology for drilling and new energy sources is further anticipated to boost the demand for pipelines in the global market. Nevertheless, the high initial investment is anticipated to curb the growth of the market in the near future.
By geography, the global market for pipeline processing and pipeline services has been classified into Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. Presently, North America accounts for the largest share in the global market for pipeline processing and pipeline services. The Middle East and Africa and Europe markets further hold substantial share in the overall market. Furthermore, countries such as India, Indonesia, Australia, China, and Kazakhstan are expected to augment the growth of the pipeline processing and pipeline services market in the Asia Pacific region in the forecast period.
The research report further covers the competitive landscape of the global market for pipeline processing and pipeline services. A detailed analysis of the leading players has been included in the study, along with their SWOT analysis. The prominent players operating in the global market for pipeline processing and pipeline services include Clock Spring LP, ROSEN Saudi Arabia Co. Ltd., Schlumberger Pipeline Services, Aramco Services Company, Future Pipe Industries, Halliburton, Baker Hughes Inc., and Anabeeb Arabian Pipeline & Services.
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