Market Research on Global Microsurgery Market – Industry Trends 2018 Global Pipeline Safety Market
Global Pipeline Safety Market–
Industry Trends and Forecast to 2024
Global Pipeline Safety Market accounted for USD 6.3 billion in
2016 growing at a CAGR of 10.1% during the forecast period of
2017 to 2024.
Pipelines are referred to be the safest mode of transferring
natural gas and other related products. Pipeline safety is needed
because of many reasons such as increased use of oil and gas
companies. It is widely applicable natural gas, crude oil, refined
products, and others. Expansion and upgradation of refineries,
drilling sites, and exploration of new Sites may act as the major
driver in the growth of pipelines safety market. On the other
hand, growing population and political instability in the Middle
East may hamper the market.
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