Flexible Pipe Market Competitive Insights, Trends and Demand Growth 2019 to 2026
Flexible Pipe Market 2019 Global Industry report provides the latest market statistics, industry growth, size, share, trends, as well as driving factors. The Flexible Pipe report further covers the extensive analysis of the upcoming progress of the Flexible Pipe Market. The detailed overview of the market segments, product description, Flexible Pipe applications is presented in this report.
Global Flexible Pipe Market is expected to rise from its initial estimated value of USD 1.20 billion in 2018 to an estimated value of USD 1.64 billion by 2026, registering a CAGR of 4%in the forecast period of 2019-2026. This rise in market value can be attributed to the increase in awareness regarding the benefits of flexible pipe and rising levels of adoption of the product.
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Global Flexible Pipe Market By Type (Risers, Jumpers, Flow Lines, Fluid Transfer Lines), Raw Material (High-Density Polyethylene, Polyvinylidene Fluoride, Polyamides), Application {Offshore (Deepwater, Ultra-Deep Water, Subsea), Onshore}, Geography (North America, Europe, Asia-Pacific, Europe, South America and Middle East and Africa) – Industry Trends and Forecast to 2026
Complete report on Global Flexible Pipe Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Flexible Pipe Market
Flexible pipes are light weight, high chemical & corrosion resistant, which have made them a feasible option for different applications in the oil and gas industry. They are used to produce risers, coiled tubing, and umbilical in the oil & gas industry.
Key Questions Answered in Global Flexible Pipe Market Report:-
Our Report offers:-
- What will the market growth rate, Overview and Analysis by Type of Global Flexible Pipe Market in 2026?
- What are the key factors driving, Analysis by Applications and Countries Global Flexible Pipe Market?
- What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Flexible Pipe Market?
- Who are Opportunities, Risk and Driving Force of Global Flexible Pipe Market?
- Who are the opportunities and threats faced by the vendors in Global Flexible Pipe Market? Business Overview by Type, Applications, Gross Margin and Market Share
- What are the Global Flexible Pipe Market opportunities, market risk and market overview of the Market?
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Top Key Players:
- Chevron Phillips Chemical Company (U.S.),
- Evonik Industries (Germany),
- Solvay (Belgium);
- National Oilwell Varco, Inc. (U.S.),
- Technip Inc. (France),
- Prysmian Group (Italy),
- General Electric (U.K.),
- Shawcor Ltd. (Canada),
- Pipelife Nederland B.V. (Netherlands),
- Airborne Oil & Gas (Netherlands),
- Magma Global Ltd. (U.K.),
- ContiTech AG (Germany),
- FlexSteel Pipeline Technologies, Inc. (U.S.),
- Chevron Corporation (U.S.),
- ExxonMobil Corporation (US),
- Total S.A. (France), BP plc (U.K.),
- Royal Dutch Shell plc (Netherlands),
- among others.
Market Drivers:
- There is high demand for advance technology in drilling process that helps to grow in the market.
- There is increase in acceptance of engineering grade flexible materials this significant act as a major market driver.
Market Restraints:
- Regulation against oil exploration act as a restraints for flexible pipe market.
Key Developments in the Market:
- In March 2019, Magma Global announced that it has added shawcor’s thermotite ultra insulation to its m-pipe. It helps in maintaining the temperature of production fluids.
- In July 2013, FlexSteel Pipeline Technologies, Inc. acquired MagFlex, through this acquisition FlexSteel able to produce highly specialized components in-house, allowing it to quickly deliver a wide variety of complete pipeline solutions.
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Market Segmentations:
Global Flexible Pipe Market is segmented on the basis of
- Type
- Raw Material
- Application
- Geography
Market Segmentations in Details:
By Type
- Risers
- Jumpers
- Flow Lines
- Fluid Transfer Lines
By Raw Material
- High-Density Polyethylene
- Polyvinylidene Fluoride
- Polyamides
By Application
- Offshore
- Deepwater
- Ultra-Deep Water
- Subsea
- Onshore
By Geography
North America
- S.
- Canada,
- Mexico
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Turkey
- Belgium
- Netherlands
- Switzerland
- Rest of Europe
Asia-Pacific
- Japan
- China
- South Korea
- India
- Australia
- Singapore
- Thailand
- Malaysia
- Indonesia
- Philippines
- Rest of Asia Pacific
South America
- Brazil
- Rest of South America
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
Competitive Analysis: Global Flexible Pipe Market
Global flexible pipe market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flexible pipe market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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