Global Pipeline Integrity Management Market to Show 2.93% Growth, an Industrial Info Market Brief

According to Research and Markets, pipeline integrity management for the hydrocarbons market is expected to show a compound annual growth rate of 2.93% by 2024. Pipeline integrity management growth is fostered by the rising exploration and production (E&P) development of unconventional oil and gas sources, leading to pipeline expansion, the bid to maintain output from ageing pipeline systems and the need to cater to the rising energy demand by increasing the oil and gas pipeline infrastructure.

Industrial Info is tracking 6,266 capital pipeline projects worth $556.7 billion globally. Click here for a list of projects and see graph below for investment by market region.