PUBLISHER: Polaris Market Research | PRODUCT CODE: 1504955
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1504955
APAC Pipeline Pigging Market Analysis & Segment Forecast to 2032 Share, Size, Trends, Industry Analysis Report, By Services (Pigging, and Intelligent Pigging); By Application; By End-Use; By Country; Segment Forecast, 2024 - 2032
The APAC pipeline pigging market size is expected to reach USD 3,161.46 Million by 2032, according to a new study by Polaris Market Research. The report "APAC Pipeline Pigging Market Analysis & Segment Forecast to 2032 Share, Size, Trends, Industry Analysis Report, By Services (Pigging, and Intelligent Pigging); By Application; By End-Use; By Country; Segment Forecast, 2024 - 2023" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The Asia-Pacific (APAC) pipeline-pigging market encompasses various aspects related to the maintenance, inspection, and integrity management of pipeline infrastructure across the region. The market covers a wide range of pigging technologies and solutions used for pipeline maintenance, cleaning, inspection, and integrity assessment. This includes traditional pigs, intelligent pigs (also known as smart pigs), cleaning pigs, gauging pigs, and specialty pigs designed for specific applications such as corrosion detection, geometry inspection, and product separation.
The market includes services provided by pigging companies, including pigging inspections, maintenance, cleaning, and consulting. The market caters to various sectors that rely on pipelines for transportation, including oil and gas, petrochemicals, chemicals, water utilities, and others. Pipelines serve as critical infrastructure for transporting energy resources, raw materials, and products between production sites, refineries, distribution centers, and end-users across the APAC region.
The APAC region is undergoing significant infrastructure development, including the expansion of pipeline networks to meet growing energy demand. This presents opportunities for pipeline pigging companies to provide maintenance, inspection, and integrity management services to ensure the reliability and efficiency of newly constructed pipelines. As countries in the APAC region transition towards cleaner and more sustainable energy sources, such as natural gas and renewable energy, there is a need to upgrade existing pipelines and construct new infrastructure. Pipeline pigging services can play a crucial role in facilitating this transition by ensuring the integrity and safety of pipelines transporting these energy resources.
There is a growing preference for intelligent pigs equipped with advanced sensors, data analytics capabilities, and high-resolution imaging systems. These smart pigs can provide real-time insights into pipeline conditions, including defects, corrosion, and anomalies, allowing operators to identify and address potential issues before they escalate proactively. Remote monitoring systems enable operators to monitor pipeline operations and pigging activities from a centralized location. This trend is particularly relevant in remote or offshore pipeline installations where access is limited. Remote control capabilities allow operators to adjust pigging parameters and respond to operational challenges promptly, improving efficiency and reducing downtime.
APAC Pipeline Pigging Market Report Highlights
In 2023, the pigging segment accounted for the largest market share in the apac pipeline pigging market. Pigging is not limited to a single industry but finds applications across various sectors, including oil and gas, chemical, food and beverage, and water utilities. This broad applicability contributes to the resilience and expansion of the pigging market.
The metal loss/corrosion detection segment is expected to grow at the fastest CAGR during the forecast period. The pipeline pigging industry is witnessing rapid technological advancements in corrosion detection technologies. Advanced intelligent pigs equipped with sophisticated sensors, data analytics capabilities, and high-resolution imaging systems offer superior accuracy and reliability in identifying metal loss and corrosion along pipeline surfaces.
In 2023, China dominated the largest market. China has been rapidly expanding its pipeline infrastructure to meet the growing demand for energy resources, particularly oil and natural gas. The country's ambitious infrastructure projects, such as the Belt and Road Initiative, have led to extensive investments in pipeline construction and expansion, driving the demand for pigging services to ensure the integrity and efficiency of these pipelines.
India is expected to grow at the fastest CAGR in APAC pipeline pigging market. Consumers are increasingly concerned about the environmental and social impact of their food choices, leading to a rise in demand for sustainably produced food.
The APAC key market players are CETCO., CHINA VIHUNG VALVE CO., LTD, Dexon Technology PLC, EMT Piping, NDT Global Services Ltd., Rosen Group, Semigorye" LLC., SGS SA., Shenyang EMT Pigging Technology Co., Ltd, Sriram Foams Private Limited, T.D. Williamson.
Polaris Market Research has segmented the APAC pipeline pigging market report based on product, system type, application, end-use, and region.
APAC Pipeline Pigging, Services Outlook (Revenue - USD Million, 2019 - 2032)
- Pigging
- Intelligent Pigging
- MFL
- UT/Resonance Technology
- Eddy Current
- Others
APAC Pipeline Pigging, Application Outlook (Revenue - USD Million, 2019 - 2032)
- Metal Loss/Corrosion Detection
- Crack & Leakage Detection
- Geometry Measurement & Bend Detection
- Others
APAC Pipeline Pigging, End-Use Outlook (Revenue - USD Million, 2019 - 2032)
- Oil
- Gas
APAC Pipeline Pigging, Country Outlook (Revenue - USD Million, 2019 - 2032)
- China
- India
- Japan
- Malaysia
- South Korea
- Indonesia
- Australia
- Rest of APAC
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
- 2.1. Market Highlights
3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. APAC Pipeline Pigging Market Insights
- 4.1. APAC Pipeline Pigging Market - End Use Snapshot
- 4.2. APAC Pipeline Pigging Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. The growing energy demand in the Asia-Pacific region has been projected to spur market demand
- 4.2.1.2. Increased demand for energy, including oil and gas, which necessitates the construction of new pipelines and the expansion of existing ones
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Initial investment costs are expected to hinder the growth of the market
- 4.2.1. Drivers and Opportunities
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. APAC Pipeline Pigging Market End Use Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. APAC Pipeline Pigging Market, by Services
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global APAC Pipeline Pigging Market, by Services, 2019-2032 (USD Million)
- 5.3. Pigging
- 5.3.1. Global APAC Pipeline Pigging Market, by Pigging, 2019-2032 (USD Million)
- 5.4. Intelligent Pigging
- 5.4.1. Global APAC Pipeline Pigging Market, by Intelligent Pigging, 2019-2032 (USD Million)
- 5.4.2. MFL
- 5.4.2.1. Global APAC Pipeline Pigging Market, by MFL, 2019-2032 (USD Million)
- 5.4.3. UT/Resonance Technology
- 5.4.3.1. Global APAC Pipeline Pigging Market, by UT/Resonance Technology, 2019-2032 (USD Million)
- 5.4.4. Eddy Current
- 5.4.4.1. Global APAC Pipeline Pigging Market, by Eddy Current, 2019-2032 (USD Million)
- 5.4.5. Others
- 5.4.5.1. Global APAC Pipeline Pigging Market, by Others, 2019-2032 (USD Million)
6. APAC Pipeline Pigging Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global APAC Pipeline Pigging Market, by Application, 2019-2032 (USD Million)
- 6.3. Metal Loss/Corrosion Detection
- 6.3.1. Global APAC Pipeline Pigging Market, by Metal Loss/Corrosion Detection, 2019-2032 (USD Million)
- 6.4. Crack & Leakage Detection
- 6.4.1. Global APAC Pipeline Pigging Market, by Crack & Leakage Detection, 2019-2032 (USD Million)
- 6.5. Geometry Measurement & Bend Detection
- 6.5.1. Global APAC Pipeline Pigging Market, by Geometry Measurement & Bend Detection, 2019-2032 (USD Million)
- 6.6. Others
- 6.6.1. Global APAC Pipeline Pigging Market, by Others, 2019-2032 (USD Million)
7. APAC Pipeline Pigging Market, by End Use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global APAC Pipeline Pigging Market, by End Use, 2019-2032 (USD Million)
- 7.3. Oil
- 7.3.1. Global APAC Pipeline Pigging Market, by Oil, 2019-2032 (USD Million)
- 7.4. Gas
- 7.4.1. Global APAC Pipeline Pigging Market, by Gas, 2019-2032 (USD Million)
8. APAC Pipeline Pigging Market, by Countries
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. APAC Pipeline Pigging Market Assessment, By Countries, 2018-2030 (USD Million)
- 8.2.2. APAC Pipeline Pigging Market - China
- 8.2.2.1. China: APAC Pipeline Pigging Market, by Application, 2018-2030 (USD Million)
- 8.2.2.2. China: APAC Pipeline Pigging Market, by Technology, 2018-2030 (USD Million)
- 8.2.2.3. China: APAC Pipeline Pigging Market, by End-Use, 2018-2030 (USD Million)
- 8.2.3. APAC Pipeline Pigging Market - India
- 8.2.3.1. India.: APAC Pipeline Pigging Market, by Application, 2018-2030 (USD Million)
- 8.2.3.2. India.: APAC Pipeline Pigging Market, by Technology, 2018-2030 (USD Million)
- 8.2.3.3. India.: APAC Pipeline Pigging Market, by End-Use, 2018-2030 (USD Million)
- 8.2.4. APAC Pipeline Pigging Market - Japan
- 8.2.4.1. Japan: APAC Pipeline Pigging Market, by Application, 2018-2030 (USD Million)
- 8.2.4.2. Japan: APAC Pipeline Pigging Market, by Technology, 2018-2030 (USD Million)
- 8.2.4.3. Japan: APAC Pipeline Pigging Market, by End-Use, 2018-2030 (USD Million)
- 8.2.5. APAC Pipeline Pigging Market - South Korea
- 8.2.5.1. South Korea: APAC Pipeline Pigging Market, by Application, 2018-2030 (USD Million)
- 8.2.5.2. South Korea: APAC Pipeline Pigging Market, by Technology, 2018-2030 (USD Million)
- 8.2.5.3. South Korea: APAC Pipeline Pigging Market, by End-Use, 2018-2030 (USD Million)
- 8.2.6. APAC Pipeline Pigging Market - Indonesia
- 8.2.6.1. Indonesia: APAC Pipeline Pigging Market, by Application, 2018-2030 (USD Million)
- 8.2.6.2. Indonesia: APAC Pipeline Pigging Market, by Technology, 2018-2030 (USD Million)
- 8.2.6.3. Indonesia: APAC Pipeline Pigging Market, by End-Use, 2018-2030 (USD Million)
- 8.2.7. APAC Pipeline Pigging Market - Malaysia
- 8.2.7.1. Malaysia: APAC Pipeline Pigging Market, by Application, 2018-2030 (USD Million)
- 8.2.7.2. Malaysia: APAC Pipeline Pigging Market, by Technology, 2018-2030 (USD Million)
- 8.2.7.3. Malaysia: APAC Pipeline Pigging Market, by End-Use, 2018-2030 (USD Million)
- 8.2.8. APAC Pipeline Pigging Market - Australia
- 8.2.8.1. Australia: APAC Pipeline Pigging Market, by Application, 2018-2030 (USD Million)
- 8.2.8.2. Australia: APAC Pipeline Pigging Market, by Technology, 2018-2030 (USD Million)
- 8.2.8.3. Australia: APAC Pipeline Pigging Market, by End-Use, 2018-2030 (USD Million)
- 8.2.9. APAC Pipeline Pigging Market - Rest of Asia Pacific
- 8.2.9.1. Rest of Asia Pacific: APAC Pipeline Pigging Market, by Application, 2018-2030 (USD Million)
- 8.2.9.2. Rest of Asia Pacific: APAC Pipeline Pigging Market, by Technology, 2018-2030 (USD Million)
- 8.2.9.3. Rest of Asia Pacific: APAC Pipeline Pigging Market, by End-Use, 2018-2030 (USD Million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. CETCO
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Services Benchmarking
- 10.1.4. Recent Development
- 10.2. CHINA VIHUNG VALVE CO., LTD
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Services Benchmarking
- 10.2.4. Recent Development
- 10.3. Dexon Technology PLC
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Services Benchmarking
- 10.3.4. Recent Development
- 10.4. EMT Piping
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Services Benchmarking
- 10.4.4. Recent Development
- 10.5. NDT Global Services Ltd.
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Services Benchmarking
- 10.5.4. Recent Development
- 10.6. Rosen Group
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Services Benchmarking
- 10.6.4. Recent Development
- 10.7. Semigorye" LLC
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Services Benchmarking
- 10.7.4. Recent Development
- 10.8. SGS SA
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Services Benchmarking
- 10.8.4. Recent Development
- 10.9. Shenyang EMT Pigging Technology Co., Ltd
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Services Benchmarking
- 10.9.4. Recent Development
- 10.10. Sriram Foams Private Limited
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Services Benchmarking
- 10.10.4. Recent Development
- 10.11. T.D.Williamson
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Services Benchmarking
- 10.11.4. Recent Development
List of Tables
- Table 1 APAC Pipeline Pigging Market, by Services, 2019-2032 (USD Million)
- Table 2 APAC Pipeline Pigging Market, by Application, 2019-2032 (USD Million)
- Table 3 APAC Pipeline Pigging Market, by End Use, 2019-2032 (USD Million)
- Table 4 APAC Pipeline Pigging Market Assessment, By Geography, 2019-2032 (USD Million)
- Table 5 China: APAC Pipeline Pigging Market, by Services, 2019-2032 (USD Million)
- Table 6 China: APAC Pipeline Pigging Market, by Application, 2019-2032 (USD Million)
- Table 7 China: APAC Pipeline Pigging Market, by End Use, 2019-2032 (USD Million)
- Table 8 India: APAC Pipeline Pigging Market, by Services, 2019-2032 (USD Million)
- Table 9 India: APAC Pipeline Pigging Market, by Application, 2019-2032 (USD Million)
- Table 10 India: APAC Pipeline Pigging Market, by End Use, 2019-2032 (USD Million)
- Table 11 Japan: APAC Pipeline Pigging Market, by Services, 2019-2032 (USD Million)
- Table 12 Japan: APAC Pipeline Pigging Market, by Application, 2019-2032 (USD Million)
- Table 13 Japan: APAC Pipeline Pigging Market, by End Use, 2019-2032 (USD Million)
- Table 14 South Korea: APAC Pipeline Pigging Market, by Services, 2019-2032 (USD Million)
- Table 15 South Korea: APAC Pipeline Pigging Market, by Application, 2019-2032 (USD Million)
- Table 16 South Korea: APAC Pipeline Pigging Market, by End Use, 2019-2032 (USD Million)
- Table 17 Indonesia: APAC Pipeline Pigging Market, by Services, 2019-2032 (USD Million)
- Table 18 Indonesia: APAC Pipeline Pigging Market, by Application, 2019-2032 (USD Million)
- Table 19 Indonesia: APAC Pipeline Pigging Market, by End Use, 2019-2032 (USD Million)
- Table 20 Malaysia: APAC Pipeline Pigging Market, by Services, 2019-2032 (USD Million)
- Table 21 Malaysia: APAC Pipeline Pigging Market, by Application, 2019-2032 (USD Million)
- Table 22 Malaysia: APAC Pipeline Pigging Market, by End Use, 2019-2032 (USD Million)
- Table 23 Australia: APAC Pipeline Pigging Market, by Services, 2019-2032 (USD Million)
- Table 24 Australia: APAC Pipeline Pigging Market, by Application, 2019-2032 (USD Million)
- Table 25 Australia: APAC Pipeline Pigging Market, by End Use, 2019-2032 (USD Million)
- Table 26 Rest of Asia Pacific: APAC Pipeline Pigging Market, by Services, 2019-2032 (USD Million)
- Table 27 Rest of Asia Pacific: APAC Pipeline Pigging Market, by Application, 2019-2032 (USD Million)
- Table 28 Rest of Asia Pacific: APAC Pipeline Pigging Market, by End Use, 2019-2032 (USD Million)
List of Figures
- Figure 1. APAC Pipeline Pigging Market, 2019-2032 (USD Million)
- Figure 2. Integrated Ecosystem
- Figure 3. Research Methodology: Top-Down & Bottom-Up Approach
- Figure 4. Market by Geography
- Figure 5. Porter's Five Forces
- Figure 6. Market by Application
- Figure 7. APAC Pipeline Pigging Market, by Application, 2022 & 2032 (USD Million)
- Figure 8. Market by Services
- Figure 9. APAC Pipeline Pigging Market, by Services, 2022 & 2032 (USD Million)
- Figure 10. Market by End Use
- Figure 11. APAC Pipeline Pigging Market, by End Use, 2022 & 2032 (USD Million)
- Figure 12. APAC Pipeline Pigging Market Assessment, By Geography, 2019-2032 (USD Million)
- Figure 13. Strategic Analysis - APAC Pipeline Pigging Market
