adoption of monitoring and sensing technologies to enable the remote examination of internal corrosion of oil and gas pipelines has also emerged as a key trend in the global market.
Global Oil and Gas Pipeline Corrosion Prevention Market: Geographical and Competitive Dynamics
On the basis of geography, the global gas pipeline corrosion prevention market can be segmented into North America, Asia Pacific, Europe, and Middle East and Africa. Home to some of the world’ s largest oil and gas producing nations, Middle East is one of the key markets for oil and gas pipeline corrosion prevention operations. North America also accounts for a significant share in the overall market and is expected to lead to significant growth opportunities for the market in the next few years.
The recent boost in shale gas production in the U. S. will be key to the North America market’ s growth over the report’ s forecast period. In Africa, the market for oil and gas pipeline corrosion prevention will be driven by the recent oil and gas discoveries. Rising demand for oil and gas owing to the rapidly expanding population and encouraging pace of industrialization will bolster the market in Asia Pacific.
Some of the key vendors operating in the market are Southern Cathodic Protection, 3M, The Valspar Corporation, and Chase Corporation.
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