Pipeline Pigging Services Market to Reach $12 Billion by 2036 Driven by Energy Infrastructure Investments
• Revenue for global pipeline pigging services market to reach $12 billion by 2036, growing at 6% CAGR between 2024-2036 • Market growth driven by increasing oil and gas exploration and rising investments in energy infrastructure • Concerns over decreasing fossil fuels leading to more pipeline projects to meet energy demand • Asia Pacific to account for 45% market share due to high energy requirements in the region • Intelligent pigging segment to register 58% market share owing to government regulations and pipeline inspection programs