Oil Spills, gas leaks, climate activists, and anti-pipeline activists are pushing for greater pipeline integrity checks and enhanced government regulations. With rising community activism against pipeline plans from climate activists and homeowners, the government would find it necessary to appease people with the promise of pipeline integrity if pipelines have to be accepted by people.
Despite the global transition to renewables in the future, The IEA projects that by 2050 global oil and gas demand would fall by 80% but still require 20 million barrels per day. This forecast proves the importance of pipelines in the cost-effective transmission of crude oils and gases until renewables become staple energy sources.
Pipeline Integrity is the ability of the pipeline asset to perform its desired function effectively and efficiently while safeguarding health, safety, and environment for the intended service life or more. Maintaining Pipeline Integrity keeps pipelines safe for use throughout their lifecycle(from design to fabrication, Pipeline commissioning, pipeline maintenance/repairs, and pipeline decommissioning).
Pipeline Integrity Management (PIM) is the structured methodology whereby ensuring that people, systems, processes, and resources which deliver the integrity are in place, in use, and fit for purpose over the whole lifecycle of the pipeline.
Pipeline Integrity Management has four primary objectives:
A new federal regulation requires higher safety standards for pipelines carrying oil and other hazardous liquids through the Great Lakes Region, Marine coastal waters, and beaches. The rule issued by the United States Pipeline Hazardous Materials Safety Administration(PHMSA) has designated those locations as 'High Consequence' zones where pipeline operators are expected to ramp up Inspections, Repairs, and other measures to avoid spills. This rule is also estimated to add 2905 additional miles of hazardous liquid pipelines along the Gulf of Mexico under surveillance.
The report includes a meticulous analysis of each factor, explaining the relevant, qualitative information with supporting data.
Each factor's respective impact in the near, medium and long term will be covered using Harvey balls for visual communication of qualitative information and functions as a guide for you to analyze the degree of impact.
This section provides an assessment of COVID-19 impact on Pipeline Integrity Management Market demand.
Using Porter's five forces framework, the report covers the assessment of the Pipeline Integrity Management industry's state of competition and profitability.
Further, market size and demand forecasts will be presented along with various drivers and barriers for individual market segments.
Effective market segmentation enables you to identify emerging trends and opportunities for long-term growth. Contact us for bespoke market segmentation to better align the research report with your requirements.
In addition, market size, demand forecast, and growth rates will be provided for all regions.
Following are the notable countries covered under each region.
North America - United States, Canada, Mexico, and Rest of North America
Europe - Germany, France, United Kingdom (UK), Russia, and Rest of Europe
Asia-Pacific - China, India, Japan, South Korea, Australia, Rest of APAC
Rest of the world - Saudi Arabia, Brazil, Nigeria, South Africa, and other countries
The study also discusses the strategies adopted by leading players in the industry.
The report begins with an Executive Summary chapter and ends with Conclusions and Recommendations.
This product will be delivered within 5-7 business days.
Despite the global transition to renewables in the future, The IEA projects that by 2050 global oil and gas demand would fall by 80% but still require 20 million barrels per day. This forecast proves the importance of pipelines in the cost-effective transmission of crude oils and gases until renewables become staple energy sources.
Pipeline Integrity is the ability of the pipeline asset to perform its desired function effectively and efficiently while safeguarding health, safety, and environment for the intended service life or more. Maintaining Pipeline Integrity keeps pipelines safe for use throughout their lifecycle(from design to fabrication, Pipeline commissioning, pipeline maintenance/repairs, and pipeline decommissioning).
Pipeline Integrity Management (PIM) is the structured methodology whereby ensuring that people, systems, processes, and resources which deliver the integrity are in place, in use, and fit for purpose over the whole lifecycle of the pipeline.
Pipeline Integrity Management has four primary objectives:
- To improve public confidence in pipeline safety
- To improve operator management, analytical, and operational processes to manage pipeline integrity
- To increase the government's role in the oversight of operator integrity management programs and activities
- To perform integrity assessments of pipelines in locations where a pipeline leak or failure could have significant adverse consequences (High Consequence Areas or HCAs)
- Sustainable operations of pipeline networks
- Reduces unplanned shutdowns
- Minimizes risks associated with Pipeline Operations
- Maximizes productivity along with cost optimization
North America Market Analysis
With over 2.4 million miles of pipelines, The United States of America boasts the largest pipeline network in the world. With such a vast network, it is only natural that the US is a significant Pipeline Integrity Management Market. Despite growing community activism and anti-pipeline activism, Pipelines are a source of numerous jobs, and the lack of pipelines would inflate oil and gas prices.A new federal regulation requires higher safety standards for pipelines carrying oil and other hazardous liquids through the Great Lakes Region, Marine coastal waters, and beaches. The rule issued by the United States Pipeline Hazardous Materials Safety Administration(PHMSA) has designated those locations as 'High Consequence' zones where pipeline operators are expected to ramp up Inspections, Repairs, and other measures to avoid spills. This rule is also estimated to add 2905 additional miles of hazardous liquid pipelines along the Gulf of Mexico under surveillance.
What is covered in the report?
Pipeline Integrity Management Market Drivers & Restraints
The study covers all the major underlying forces that help the market develop and grow and the factors that constrain the growth.The report includes a meticulous analysis of each factor, explaining the relevant, qualitative information with supporting data.
Each factor's respective impact in the near, medium and long term will be covered using Harvey balls for visual communication of qualitative information and functions as a guide for you to analyze the degree of impact.
Pipeline Integrity Management Market Analysis
This report discusses the overview of the market, latest updates, important commercial developments and structural trends, and government policies and regulations.This section provides an assessment of COVID-19 impact on Pipeline Integrity Management Market demand.
Pipeline Integrity Management Market Size and Demand Forecast
The report provides Global Pipeline Integrity Management Market size and demand forecast until 2027, including year-on-year (YoY) growth rates and CAGR.Pipeline Integrity Management Market Industry Analysis
The report examines the critical elements of the Pipeline Integrity Management industry supply chain, its structure, and participants.Using Porter's five forces framework, the report covers the assessment of the Pipeline Integrity Management industry's state of competition and profitability.
Pipeline Integrity Management Market Segmentation & Forecast
The report dissects the Global Pipeline Integrity Management Market into various segments. A detailed summary of the current scenario, recent developments, and market outlook will be provided for each segment.Further, market size and demand forecasts will be presented along with various drivers and barriers for individual market segments.
Effective market segmentation enables you to identify emerging trends and opportunities for long-term growth. Contact us for bespoke market segmentation to better align the research report with your requirements.
Regional Market Analysis
The report covers detailed profiles of major countries across the world. Each country's analysis covers the current market scenario, market drivers, government policies & regulations, and market outlook.In addition, market size, demand forecast, and growth rates will be provided for all regions.
Following are the notable countries covered under each region.
North America - United States, Canada, Mexico, and Rest of North America
Europe - Germany, France, United Kingdom (UK), Russia, and Rest of Europe
Asia-Pacific - China, India, Japan, South Korea, Australia, Rest of APAC
Rest of the world - Saudi Arabia, Brazil, Nigeria, South Africa, and other countries
Key Company Profiles
This report presents detailed profiles of Key companies in the Pipeline Integrity Management industry. In general, each company profile includes - an overview of the company, relevant products and services, a financial overview, and recent developments.Competitive Landscape
The report provides a comprehensive list of notable companies in the market, including mergers and acquisitions (M&As), joint ventures (JVs), partnerships, collaborations, and other business agreements.The study also discusses the strategies adopted by leading players in the industry.
Executive Summary
Executive Summary will be jam-packed with charts, infographics, and forecasts. This chapter summarizes the findings of the report crisply and clearly.The report begins with an Executive Summary chapter and ends with Conclusions and Recommendations.
This product will be delivered within 5-7 business days.
Table of Contents
1. Executive Summary2. Research Scope and Methodology9. Conclusions and RecommendationsList of Tables & FiguresAbbreviationsAdditional NotesDisclaimer
3. Market Analysis
4. Industry Analysis
5. Market Segmentation & Forecast
6. Regional Market Analysis
7. Key Company Profiles
8. Competitive Landscape
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Baker Hughes Company
- ROSEN Group
- Halliburton Company
- Schlumberger Limited
- Bureau Veritas SA
- Honeywell International Inc.
- Infosys Limited
- MATCOR Inc.