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Hydrostatic Testing Market By Product (Pumps, Pressure Gauges, Relief Valves, Others), By Design (Manual, Powered), By Application (Oil & Gas, Plant Processing, Water, Aircraft, Construction, Fire & Safety, Others) – Growth, Future Prospects And Competitive Analysis, 2019 – 2027

Published: | Report ID: 5722 | Report Format : PDF

Increasing Investment across the Oil & Gas Industry Is Driving the Hydrostatic Testing Market

Globally, the hydrostatic testing market is expected to grow with a CAGR of 5.2% during the forecast period from 2019 to 2027. The market growth is driven by increasing investment in the oil & gas industry across the globe. The oil & gas companies are investing heavily across the value chain to enhance operational efficiency and business agility. The oil & gas industry is leveraging heavily on hydrostatic testing to check the strength and leakages across pipelines, gas cylinders, boilers, and pressure vessels. This is driving the adoption of hydrostatic testing across the industry. Furthermore, the stringent government regulations related to the safety of the pipelines are further accelerating the adoption of hydrostatic testing.

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The increasing production across the oil & gas industry also acts as a major force driving the market growth. Also, the growing trend of outsourcing testing services across the industry verticals is also serving as a major factor driving the growth of the market. The organization is leveraging third-party service providers to outsource their testing requirements due to the rising need among organizations to reduce the cost of operations. Furthermore, the growing requirement among organizations to focus on core business competencies is further accelerating the demand for hydrostatic testing.

Market Synopsis

 Pumps Segment Is Dominating the Hydrostatic Testing Market

The hydrostatic testing market is characterized based on the product type into pumps, relief valves, and others. The pumps dominated the market with more than 70% share in the revenue. The organizations are using pumps to test sprinklers, plumbing lines, water meters, solar systems, and pressure vessels. The growing adoption of the hydrostatic pump across the oil & gas industry is further accelerating the growth of the market. On the other hand, the relief valve is estimated to grow significantly during the forecast period.

North America Is Leading the Hydrostatic Testing Market

North America accounted for a 35% share of the hydrostatic testing market. The growth of the market is attributed to the large-scale production of oil & gas in the region. The stringent government regulations related to the safety of the pipelines are further accelerating the adoption of the hydrostatic testing market. The privatization of testing services across the region is augmenting the demand for hydrostatic testing services.

The prominent players in the hydrostatic testing market are Cat Pumps, China Joy Machinery and Equipment Limited, Cosmo Instruments Co. Ltd., Curtiss-Wright Corporation, Energy Services International, Galiso Inc., Greene’s Energy Group, H. Lorimer Corp., Hydro-Test Products Inc., International Pipeline Products Limited, J.M. Test Systems, Petersen Products Co., Pumps Australia Pty Ltd., Resato International B.V., and Rice HYDRO.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.

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Report Scope by Segments

The hydrostatic testing market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global hydrostatic testing market based on product type, design, application, and geography. Key segments covered in the report are as follows:

ATTRIBUTE DETAILS

Research Period  2017-2027

The base Year 2018

Forecast Period  2019-2027

Historical Year  2017

Unit  USD Billion

Segmentation Product Type Segment (2017–2027; US$ Bn)

  • Pumps
  • Pressure Gauges
  • Relief Valves
  • Others

Design Segment (2017–2027; US$ Bn)

  • Manual
  • Powered

Application Segment (2017–2027; US$ Bn)

  • Oil & Gas
  • Plant Processing
  • Water
  • Aircraft
  • Construction
  • Fire & Safety
  • Others

Geography Segment (2017–2027; US$ Bn)

  • North America (U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of the World (Middle East & Africa, Latin America)

Key questions answered in this report

  • What was the market size of hydrostatic testing in 2018, and what is the forecast up to 2027?
  • Which is the largest regional market for hydrostatic testing?
  • What are the major trends followed in the hydrostatic testing market across different regions?
  • Who are the key companies in the hydrostatic testing market?
  • What are the key strategies adopted by the leading hydrostatic testing companies in the market?

Unique data points of this report

  • Statistics on hydrostatic testing and spending worldwide
  • Recent trends across different regions in terms of the adoption of hydrostatic testing across industries
  • Notable developments going on in the industry
  • Attractive investment proposition for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III – Expert Panel Review
1.3.7 Assumptions
1.4 Market Segmentation

Chapter 2 Executive Summary
2.1 Market Snapshot: Global HT Market
2.1.1 Global HT Market, by Product, 2018 (US$ Mn)
2.1.2 Global HT Market, by Design, 2018 (US$ Mn)
2.1.3 Global HT Market, by Application, 2018 (US$ Mn)
2.1.4 Global HT Market, by Geography, 2018 (US$ Mn)

Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraint
3.3 Attractive Investment Proposition, by Geography, 2018
3.4 Market Positioning of Key HT Vendors, 2018

Chapter 4 Global Hydrostatic Testing (HT) Market, By Product
4.1 Overview
4.1.1 Global HT Market Value Share, by Product, 2018 & 2027 (Value, %)
4.2 Pumps
4.2.1 Global HT Market Value from Pumps, 2017 – 2027(US$ Mn)
4.3 Pressure Gauges
4.3.1 Global HT Market Value from Pressure Gauges, 2017 – 2027(US$ Mn)
4.4 Relief Valves
4.4.1 Global HT Market Value from Relief Valves, 2017 – 2027(US$ Mn)
4.5 Others
4.5.1 Global HT Market Value from Others, 2017 – 2027(US$ Mn)

Chapter 5 Global Hydrostatic Testing (HT) Market, by Design
5.1 Overview
5.1.1 Global HT Market Value Share, by Design, 2018 & 2027 (Value, %)
5.2 Manual
5.2.1 Global HT Market Value from Manual, 2017 – 2027(US$ Mn)
5.3 Powered
5.3.1 Global HT Market Value from Powered, 2017 – 2027(US$ Mn)

Chapter 6 Global Hydrostatic Testing (HT) Market, by Application
6.1 Overview
6.1.1 Global HT Market Value Share, by Application, 2018 & 2027 (Value, %)
6.2 Oil & Gas
6.2.1 Global HT Market Value from Oil & Gas, 2017 – 2027(US$ Mn)
6.3 Plant Processing
6.3.1 Global HT Market Value from Plant Processing, 2017 – 2027(US$ Mn)
6.4 Water
6.4.1 Global HT Market Value from Water, 2017 – 2027(US$ Mn)
6.5 Aircraft
6.5.1 Global HT Market Value from Aircraft, 2017 – 2027(US$ Mn)
6.6 Construction
6.6.1 Global HT Market Value from Construction, 2017 – 2027(US$ Mn)
6.7 Fire & Safety
6.7.1 Global HT Market Value from Fire & Safety, 2017 – 2027(US$ Mn)
6.8 Others
6.8.1 Global HT Market Value from Others, 2017 – 2027(US$ Mn)

Chapter 7 North America Hydrostatic Testing (HT) Market Analysis, 2017 – 2027 (US$ Mn)
7.1 Overview
7.2 North America HT Market Analysis, by Product, 2017 – 2027 (US$ Mn)
7.2.1 Market Analysis
7.3 North America HT Market Analysis, by Design, 2017 – 2027 (US$ Mn)
7.3.1 Market Analysis
7.4 North America HT Market Analysis, by Application, 2017 – 2027 (US$ Mn)
7.4.1 Market Analysis
7.5 North America HT Market, by Country, 2017 – 2027 (US$ Mn)
7.5.1 Market Analysis
7.5.2 U.S.
7.5.2.1 U.S. HT Market Value, by Product, 2017 – 2027 (US$ Mn)
7.5.2.2 U.S. HT Market Value, by Design, 2017 – 2027 (US$ Mn)
7.5.2.3 U.S. HT Market Value, by Application, 2017 – 2027 (US$ Mn)
7.5.3 Canada
7.5.3.1 Canada HT Market Value, by Product, 2017 – 2027 (US$ Mn)
7.5.3.2 Canada HT Market Value, by Design, 2017 – 2027 (US$ Mn)
7.5.3.3 Canada HT Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 8 Europe Hydrostatic Testing (HT) Market Analysis, 2017 – 2027 (US$ Mn)
8.1 Overview
8.2 Europe HT Market Analysis, by Product, 2017 – 2027 (US$ Mn)
8.2.1 Market Analysis
8.3 Europe HT Market Analysis, by Design, 2017 – 2027 (US$ Mn)
8.3.1 Market Analysis
8.4
8.5 Europe HT Market Analysis, by Application, 2017 – 2027 (US$ Mn)
8.5.1 Market Analysis
8.6 Europe HT Market, by Country, 2017 – 2027 (US$ Mn)
8.6.1 Market Analysis
8.6.2 U.K.
8.6.2.1 U.K. HT Market Value, by Product, 2017 – 2027 (US$ Mn)
8.6.2.2 U.K. HT Market Value, by Design, 2017 – 2027 (US$ Mn)
8.6.2.3 U.K. HT Market Value, by Application, 2017 – 2027 (US$ Mn)
8.6.3 Germany
8.6.3.1 Germany HT Market Value, by Product, 2017 – 2027 (US$ Mn)
8.6.3.2 Germany HT Market Value, by Design, 2017 – 2027 (US$ Mn)
8.6.3.3 Germany HT Market Value, by Application, 2017 – 2027 (US$ Mn)
8.6.4 France
8.6.4.1 France HT Market Value, by Product, 2017 – 2027 (US$ Mn)
8.6.4.2 France HT Market Value, by Design, 2017 – 2027 (US$ Mn)
8.6.4.3 France HT Market Value, by Application, 2017 – 2027 (US$ Mn)
8.6.5 Rest of Europe
8.6.5.1 Rest of Europe HT Market Value, by Product, 2017 – 2027 (US$ Mn)
8.6.5.2 Rest of Europe HT Market Value, by Design, 2017 – 2027 (US$ Mn)
8.6.5.3 Rest of Europe HT Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 9 Asia Pacific Hydrostatic Testing (HT) Market Analysis, 2017 – 2027 (US$ Mn)
9.1 Overview
9.2 Asia Pacific HT Market Analysis, by Product, 2017 – 2027 (US$ Mn)
9.2.1 Market Analysis
9.3 Asia Pacific HT Market Analysis, by Design, 2017 – 2027 (US$ Mn)
9.3.1 Market Analysis
9.4 Asia Pacific HT Market Analysis, by Application, 2017 – 2027 (US$ Mn)
9.4.1 Market Analysis
9.5 Asia Pacific HT Market, by Country, 2017 – 2027 (US$ Mn)
9.5.1 Market Analysis
9.5.2 China
9.5.2.1 China HT Market Value, by Product, 2017 – 2027 (US$ Mn)
9.5.2.2 China HT Market Value, by Design, 2017 – 2027 (US$ Mn)
9.5.2.3 China HT Market Value, by Application, 2017 – 2027 (US$ Mn)
9.5.3 Japan
9.5.3.1 Japan HT Market Value, by Product, 2017 – 2027 (US$ Mn)
9.5.3.2 Japan HT Market Value, by Design, 2017 – 2027 (US$ Mn)
9.5.3.3 Japan HT Market Value, by Application, 2017 – 2027 (US$ Mn)
9.5.4 India
9.5.4.1 India HT Market Value, by Product, 2017 – 2027 (US$ Mn)
9.5.4.2 India HT Market Value, by Design, 2017 – 2027 (US$ Mn)
9.5.4.3
9.5.4.4 India HT Market Value, by Application, 2017 – 2027 (US$ Mn)
9.5.5 Rest of Asia Pacific
9.5.5.1 Rest of Asia Pacific HT Market Value, by Product, 2017 – 2027 (US$ Mn)
9.5.5.2 Rest of Asia Pacific HT Market Value, by Design, 2017 – 2027 (US$ Mn)
9.5.5.3 Rest of Asia Pacific HT Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 10 Rest of the World (RoW) Hydrostatic Testing (HT) Market Analysis, 2017 – 2027 (US$ Mn)
10.1 Overview
10.2 RoW HT Market Analysis, by Product, 2017 – 2027 (US$ Mn)
10.2.1 Market Analysis
10.3 RoW HT Market Analysis, by Design, 2017 – 2027 (US$ Mn)
10.3.1 Market Analysis
10.4 RoW HT Market Analysis, by Application, 2017 – 2027 (US$ Mn)
10.4.1 Market Analysis
10.5 RoW HT Market, by Country (US$ Mn)
10.5.1 Market Analysis
10.5.2 Middle East & Africa (MEA)
10.5.2.1 MEA HT Market Value, by Product, 2017 – 2027 (US$ Mn)
10.5.2.2 MEA HT Market Value, by Design, 2017 – 2027 (US$ Mn)
10.5.2.3 MEA HT Market Value, by Application, 2017 – 2027 (US$ Mn)
10.5.3 Latin America
10.5.3.1 Latin America HT Market Value, by Product, 2017 – 2027 (US$ Mn)
10.5.3.2 Latin America HT Market Value, by Design, 2017 – 2027 (US$ Mn)
10.5.3.3
10.5.3.4 Latin America HT Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 11 Company Profiles
11.1 CAT Pumps
11.2 China Joy Machinery & Equipment Ltd
11.3 Cosmo Instruments Co. Ltd.
11.4 Curtiss Wright Corporation
11.5 Energy Services International
11.6 Galiso Inc.
11.7 Greene’s Energy Group
11.8 H. Lorimer Corp.
11.9 Hydro-Test Products Inc.
11.10 International Pipeline Products Limited
11.11 JM Test Systems
11.12 Petersen Products Co.
11.13 Pumps Australia Pty Ltd.
11.14 Resato International B.V.
11.15 Rice Hydro

List of Figures

FIG. 1 Global Hydrostatic Testing (HT) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global HT Market Segmentation
FIG. 4 Global HT Market, by Product, 2018 (US$ Mn)
FIG. 5 Global HT Market, by Design, 2018 (US$ Mn)
FIG. 6 Global HT Market, by Application, 2018 (US$ Mn)
FIG. 7 Global HT Market, by Geography, 2018 (US$ Mn)
FIG. 8 Attractive Investment Proposition, by Geography, 2018
FIG. 9 Market Positioning of Key HT Vendors, 2018
FIG. 10 Global HT Market Value Share, by Product, 2018 & 2027 (Value, %)
FIG. 11 Global HT Market Value from Pumps, 2017 – 2027(US$ Mn)
FIG. 12 Global HT Market Value from Pressure Gauges, 2017 – 2027(US$ Mn)
FIG. 13 Global HT Market Value from Relief Valves, 2017 – 2027(US$ Mn)
FIG. 14 Global HT Market Value from Others, 2017 – 2027(US$ Mn)
FIG. 15 Global HT Market Value Share, by Design, 2018 & 2027 (Value, %)
FIG. 16 Global HT Market Value from Manual, 2017 – 2027(US$ Mn)
FIG. 17 Global HT Market Value from Powered, 2017 – 2027(US$ Mn)
FIG. 18 Global HT Market Value Share, by Application, 2018 & 2027 (Value, %)
FIG. 19 Global HT Market Value from Oil & Gas, 2017 – 2027(US$ Mn)
FIG. 20 Global HT Market Value from Plant Processing, 2017 – 2027(US$ Mn)
FIG. 21 Global HT Market Value from Water, 2017 – 2027(US$ Mn)
FIG. 22 Global HT Market Value from Aircraft, 2017 – 2027(US$ Mn)
FIG. 23 Global HT Market Value from Construction, 2017 – 2027(US$ Mn)
FIG. 24 Global HT Market Value from Fire & Safety, 2017 – 2027(US$ Mn)
FIG. 25 Global HT Market Value from Others, 2017 – 2027(US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Hydrostatic Testing (HT) Market Value
TABLE 2 North America HT Market Value, by Product, 2017 – 2027 (US$ Mn)
TABLE 3 North America HT Market Value, by Design, 2017 – 2027 (US$ Mn)
TABLE 4 North America HT Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 5 North America HT Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 6 U.S. HT Market Value, by Product 2017– 2027 (US$ Mn)
TABLE 7 U.S. HT Market Value, by Design 2017– 2027 (US$ Mn)
TABLE 8 U.S. HT Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 9 Canada HT Market Value, by Product 2017– 2027 (US$ Mn)
TABLE 10 Canada HT Market Value, by Design 2017– 2027 (US$ Mn)
TABLE 11 Canada HT Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 12 Europe HT Market Value, by Product, 2017 – 2027 (US$ Mn)
TABLE 13 Europe HT Market Value, by Design, 2017 – 2027 (US$ Mn)
TABLE 14 Europe HT Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 15 Europe HT Market Value, by Country, 2017 – 2027 (US$ Mn)
TABLE 16 U.K. HT Market Value, by Product 2017 – 2027 (US$ Mn)
TABLE 17 U.K. HT Market Value, by Design, 2017 – 2027 (US$ Mn)
TABLE 18 U.K. HT Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 19 Germany HT Market Value, by Product, 2017– 2027 (US$ Mn)
TABLE 20 Germany HT Market Value, by Design 2017 – 2027 (US$ Mn)
TABLE 21 Germany HT Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 22 France HT Market Value, by Product 2017– 2027 (US$ Mn)
TABLE 23 France HT Market Value, by Design 2017– 2027 (US$ Mn)
TABLE 24 France HT Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 25 Rest of Europe HT Market Value, by Product 2017 – 2027 (US$ Mn)
TABLE 26 Rest of Europe HT Market Value, by Design 2017 – 2027 (US$ Mn)
TABLE 27 Rest of Europe HT Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 28 Asia Pacific HT Market Value, by Product, 2017 – 2027 (US$ Mn)
TABLE 29 Asia Pacific HT Market Value, by Design, 2017 – 2027 (US$ Mn)
TABLE 30 Asia Pacific HT Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 31 Asia Pacific HT Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 32 China HT Market Value, by Product 2017 – 2027 (US$ Mn)
TABLE 33 China HT Market Value, by Design 2017 – 2027 (US$ Mn)
TABLE 34 China HT Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 35 Japan HT Market Value, by Product 2017 – 2027 (US$ Mn)
TABLE 36 Japan HT Market Value, by Design 2017 – 2027 (US$ Mn)
TABLE 37 Japan HT Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 38 India HT Market Value, by Product 2017 – 2027 (US$ Mn)
TABLE 39 India HT Market Value, by Design 2017 – 2027 (US$ Mn)
TABLE 40 India HT Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 41 Rest of Asia Pacific HT Market Value, by Product 2017 – 2027 (US$ Mn)
TABLE 42 Rest of Asia Pacific HT Market Value, by Design 2017 – 2027 (US$ Mn)
TABLE 43 Rest of Asia Pacific HT Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 44 RoW HT Market Value, by Product, 2017 – 2027 (US$ Mn)
TABLE 45 RoW HT Market Value, by Design, 2017 – 2027 (US$ Mn)
TABLE 46 RoW HT Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 47 RoW HT Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 48 MEA HT Market Value, by Product 2017 – 2027 (US$ Mn)
TABLE 49 MEA HT Market Value, by Design – 2027 (US$ Mn)
TABLE 50 MEA HT Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 51 Latin America HT Market Value, by Product – 2027 (US$ Mn)
TABLE 52 Latin America HT Market Value, by Design – 2027 (US$ Mn)
TABLE 53 Latin America HT Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 54 CAT Pumps: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 55 China Joy Machinery & Equipment Ltd.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 56 Cosmo Instruments Co. Ltd.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 57 Curtis Wright Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 58 Energy Services International: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 59 Galiso Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 60 Greene’s Energy Group: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 61 H. Lorimer Corp.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 62 Hydro-Test Products Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 63 International Pipeline Product Limited: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 64 JM Test Systems: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 65 Petersen Products Co.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 66 Pumps Australia Pty Ltd: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 67 Resato International B.V.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 68 Rice Hydro: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)

Frequently Asked Questions

What is the size of Hydrostatic Testing Market?

The market for Hydrostatic Testing Market is expected to reach US$ XX Mn By 2027.

What is the Hydrostatic Testing Market CAGR?

The Hydrostatic Testing Market is expected to see significant CAGR growth over the coming years, at 5.2%.

What is the Forecast period considered for Hydrostatic Testing Market?

The report is forecasted from 2019-2027.

What is the base year considered for Hydrostatic Testing Market?

The base year of this report is 2018.

Who are the major players in this market?

Cosmo Instruments Co. Ltd., Curtiss-Wright Corporation, Energy Services International, Galiso Inc., Greene’s Energy Group, H. Lorimer Corp., Hydro-Test Products Inc., International Pipeline Products Limited are some of the major players in the global market.

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