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According to the new market research report "Pipeline Integrity Market by Service (Testing Robin Yount Womens Jersey , Inspection [Ultrasonic, Magnetic Flux, Caliper], Monitoring, Software), Application (Onshore, Offshore), Product (Oil Glenn Robinson Womens Jersey , Gas, Refined Product), and Region: Global Forecast to 2024", published by MarketsandMarkets鈩? the global Pipeline Integrity Market is projected to reach USD 2.1 billion by 2024 from an estimated USD 1.7 billion in 2019, at a CAGR of 4.33% during the forecast period. This growth can be attributed to huge investment pool in the pipeline business, increased government mandate and regulations for pipeline assessment, concern over environment impact, the safety of pipelines and energy infrastructure Paul Molitor Womens Jersey , and increased focus on the remote management of oil & gas pipeline for process optimization & automation.

The inspection segment is expected to hold the largest share of the Pipeline Integrity Market, by service, during the forecast period.
The inspection segment is estimated to dominate the Pipeline Integrity Market in 2019 and is projected to be the largest market during the forecast period. Rising government regulations and mandates associated with the inspection of pipelines are expected to drive the market during the forecast period. Inspection services are carried out using technologies such as magnetic flux, ultrasonic, and caliper. Magnetic flux is the most widely adopted technology in inspection services. It is a nondestructive testing method, which is used to detect corrosion, surface pitting, cracks Stephen Vogt Womens Jersey , and weld defects. It is used to provide information on the condition of the pipe wall. It scans the circumference and length of the pipeline helping determine the remaining wall thickness, depth, and location of metal, which is lost due to deterioration mechanisms.


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The refined product segment is expected to be the fastest growing segment of the Pipeline Integrity Market, by product, during the forecast period.
The refined

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