Pipeline Integrity Management Market Report, Industry Overview, Growth Rate and Forecast 2024-2032
The latest report by IMARC Group, titled “ Pipeline Integrity Management Market Report by Sector (Crude Oil, Gas), Service Type (Inspection Services, Cleaning Services, Repair and Refurbishment Services), Location of Deployment (Onshore, Offshore), and Region 2024-2032 ”. Offers a comprehensive analysis of the industry, which comprises insights on the pipeline integrity management market report . The global market size reached US$ 10.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 13.7 Billion by 2032, exhibiting a growth rate (CAGR) of 3.18% during 2024-2032. Factors Affecting the Growth of the Pipeline Integrity Management Industry: Regulatory Compliance: Stringent regulations and standards in the oil and gas industry have made compliance a major concern. Pipeline operators face increasing pressure to meet and exceed these regulations to prevent catastrophic incidents like leaks or spills. The escalating need to adhere to safety and environmental s...