Gmi Research04 Oct, 2022Business
According to the report published by Indian Oil Corporation Ltd., while the energy demand worldwide is going to double in the next 30 years, India is planning to increase oil refining capacity to 438.65 million tonnes by the end of 2030, rising by 77%, which will boost the High-Integrity Pressure Protection System Market size in the approaching years. Moreover, the increasing use of HIPPS to reduce the transportation costs, strict regulations imposed by Governments regarding industrial safety and rise in the installation of power plants, are some of the additional factors supplementing the Global High-Integrity Pressure Protection System Market.
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