Market Size of Middle-East and Africa Pigging Services Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
MEA Pigging Services Market Analysis
The Middle East and African pigging services market is expected to register a CAGR of 5% during the forecast period.
The market was negatively impacted by COVID-19 in 2020. Presently, the market has reached pre-pandemic levels.
- Although the oil and gas sector has made considerable strides, the aging pipeline systems continue to be a major source of worry and necessitate ongoing maintenance actions to preserve pipeline efficiency. This is likely to drive the market studied.
- On the other hand, the uncertainty brought about by the process of interpreting data for pipeline inspections and, in some situations, the additional expense associated with running the second pig is expected to hinder the market growth during the forecast period.
- Nevertheless, the upcoming pipeline projects under construction globally are expected to create tremendous market opportunities in years to come.
MEA Pigging Services Industry Segmentation
Pigging is the technique of doing various maintenance tasks on a pipeline while employing pipeline inspection gauges or tools, often known as pigs or scrapers. This is accomplished without halting the pipeline's flow of product.
The Middle East and Africa pigging services market is segmented by pigging type, application, pipeline fluid type, and geography. By pigging type, the market is segmented into intelligent pigging (magnetic flux leakage (MFL) pigging, ultrasonic test pigging, and caliper pigging) and other pigging types. By application, the market is segmented into crack and leakage detection, metal loss/corrosion detection, geometry measurement and bend detection, and other applications. By pipeline fluid type, the market is segmented into oil and gas. By geography, the report examines the United Arab Emirates, Saudi Arabia, and Rest of Middle East and Africa. The report offers the market size and forecasts in terms of value in USD billion.
| Pigging Type | |
| Intelligent Pigging | |
| Other Pigging Types |
| Application | |
| Crack and Leakage Detection | |
| Metal Loss/Corrosion Detection | |
| Geometry Measurement and Bend Detection | |
| Other Applications |
| Pipeline Fluid Type | |
| Oil | |
| Gas |
| Geography | |
| United Arab Emirates | |
| Saudi Arabia | |
| Rest of Middle East and Africa |
Middle-East and Africa Pigging Services Market Size Summary
The Middle East and Africa pigging services market is poised for growth, driven by the need for maintenance of aging pipeline systems in the oil and gas sector. Despite the initial setbacks caused by the COVID-19 pandemic, the market has rebounded to pre-pandemic levels. The demand for intelligent pigging, which involves advanced inspection techniques like magnetic flux leakage and ultrasonic pigging, is expected to rise due to technological advancements and the increasing complexity of pipeline networks. These technologies are crucial for detecting corrosion, metal loss, and other anomalies, ensuring the efficiency and safety of pipeline operations. However, challenges such as the interpretation of inspection data and the costs associated with additional pigging operations may pose hurdles to market expansion.
Saudi Arabia is anticipated to be a significant contributor to the pigging services market, supported by its extensive pipeline infrastructure and robust crude oil production activities. The country's strategic pipelines, such as the Petroline and the Abqaiq-Yanbu, are integral to its oil and gas supply chain, creating a sustained demand for pigging services. Additionally, major investments, like the landmark gas pipeline transaction by Aramco, further underscore the growth potential in the region. The market is characterized by fragmentation, with key players including Rosen Group, T.D. Williamson Inc., and Baker Hughes Company, among others, actively participating in various projects across the region. These developments, coupled with ongoing research and development efforts, are expected to drive the market forward during the forecast period.
Middle-East and Africa Pigging Services Market Size - Table of Contents
-
1. MARKET OVERVIEW
-
1.1 Introduction
-
1.2 Market Size and Demand Forecast in USD billion, till 2027
-
1.3 Recent Trends and Developments
-
1.4 Government Policies and Regulations
-
1.5 Market Dynamics
-
1.5.1 Drivers
-
1.5.2 Restraints
-
-
1.6 Supply Chain Analysis
-
1.7 Porter's Five Forces Analysis
-
1.7.1 Bargaining Power of Suppliers
-
1.7.2 Bargaining Power of Consumers
-
1.7.3 Threat of New Entrants
-
1.7.4 Threat of Substitute Products and Services
-
1.7.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION
-
2.1 Pigging Type
-
2.1.1 Intelligent Pigging
-
2.1.2 Other Pigging Types
-
-
2.2 Application
-
2.2.1 Crack and Leakage Detection
-
2.2.2 Metal Loss/Corrosion Detection
-
2.2.3 Geometry Measurement and Bend Detection
-
2.2.4 Other Applications
-
-
2.3 Pipeline Fluid Type
-
2.3.1 Oil
-
2.3.2 Gas
-
-
2.4 Geography
-
2.4.1 United Arab Emirates
-
2.4.2 Saudi Arabia
-
2.4.3 Rest of Middle East and Africa
-
-
Middle-East and Africa Pigging Services Market Size FAQs
What is the current Middle-East and Africa Pigging Services Market size?
The Middle-East and Africa Pigging Services Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Middle-East and Africa Pigging Services Market?
Rosen Group, T.D. Williamson Inc., Baker Hughes Company, NDT Global Services Ltd and SGS SA are the major companies operating in the Middle-East and Africa Pigging Services Market.
