Flexible Pipe Market The report "Flexible Pipe Market by Material (HDPE, PA, PVDF, and Others), by Application (Onshore, and Offshore), by Region - Global Trends & Forecasts to 2020", The flexible pipe market size is estimated to grow from the estimated USD 0.82 Billion in 2015 to USD 1.02 Billion by 2020, at a CAGR of 3.7% between 2015 and 2020.
Browse 78 market data Tables and 48 Figures spread through 121 Pages and in-depth TOC on "Flexible Pipe Market - Global Trends & Forecasts to 2020"
Early buyers will receive 10% customization on this report.
PDF Available of this Report at http://www.marketsandmarkets.com/pdfdownload.asp?id=132547188
The market is driven by the increasing need for energy and high investments in oil & gas exploration and production sector. The flexible pipes market in the Middle East & Africa and Central & South America are projected to witness strong growth in the next five years. The demand for flexible pipes across these regions is reinforced by increasing oil & gas exploration activities in Saudi Arabia, Tanzania, Brazil, and Mexico.
North America: The Largest Market for Flexible Pipes
North America is currently the largest market for flexible pipes in the world. The U.S. is the largest consumer of flexible pipes in this region.
The favorable market forces driving the market for flexible pipes in North America are:
Presence of major manufacturers of flexible pipes in the region
Growing oil & gas explorations in the region
Discovery of shale oil & gas
Offshore: The Largest Application Segment of Flexible Pipe Market
Flexible pipes are used in the oil & gas industry in both offshore and onshore exploration & production. Onshore and offshore are the main applications segments considered in the report. In 2015, the offshore application segment is estimated to account for the largest market share, in terms of value. This application segment is also projected to witness the highest CAGR between 2015 and 2020.
HDPE: The Largest Material Segment of Flexible Pipe Market
Flexible pipes are manufactured with materials such as HDPE, PA, PVDF, and others. These are the widely used materials for flexible pipes manufacturing. On the basis of material, HDPE accounted for the largest share of the flexible pipes market in 2015 and is also projected to witness the highest CAGR between 2015 and 2020.
The key players in the global flexible pipe market are National Oilwell Varco (U.S.), Technip (France), SoluForce (Netherlands), Airborne Oil & Gas B.V. (Netherlands), DeepFlex (U.S.), and GE Oil & Gas (U.K.), among others.
This report estimates the market size, in terms of value, for the Flexible pipes and forecasts the market size till 2020. The report includes the market segmentation on the basis of application—offshore and onshore, material- HDPE, PA, PVDF, and others, and region Asia-Pacific, Europe, North America, Middle East & Africa, and Central & South America. The regions are further segmented by key country markets such as China, India, Indonesia, Malaysia, Russia, the U.K., Norway, Turkey, Denmark, the U.S., Canada, Saudi Arabia, the U.A.E., Qatar, Angola, Nigeria, Tanzania, Mozambique, Brazil, and Mexico. The report also provides c profiles of the leading companies and competitive strategies adopted by the major market players in the flexible pipes market.
Browse related Reports:
FRP/GRP/GRE Pipe Market by Type of Resin (Polyster, Polyurethane, Epoxy, Others), by Fiber Type (Glass Fiber, Carbon Fiber), by Application (Oil & Gas, Sewage Pipe, Irrigation, and Others) & by Region - Global Trend and Forecasts to 2020
Thermoplastic Pipe Market by Polymer Type (PE, PVDF, PVC, PP & PA), Application (Oil & Gas, Municipal, Mining & Dredging & Chemicals), & by Region (APAC, North America, Latin America, Europe and Middle East & Africa) - Global Trends & Forecast to 2019
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets