Flexible Pipes Market
Flexible Pipes Market Global Industry Assessment & Forecast
Segments Covered
- By Raw material High-Density Polyethylene, Polyamides, Polyvinylidene Fluoride, Others
- By Ingredient Offshore, On shore
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 1,014 Million |
Revenue 2028: | 1435.4 Million |
Revenue CAGR (2021 - 2028): | 4.44 |
Fastest Growing Region (2022 - 2028) | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
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- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
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Raw material Analysis: Preview On the basis of Raw material,
the market is segmented into High-Density Polyethylene, Polyamides, Polyvinylidene Fluoride, Others. High-density polyethylene (HDPE) held the highest
share in the global Flexible Pipes market and
is projected to witness the same trend during the forecast period. Ingredient Analysis:
Preview Based on Ingredient,
the market is segmented into Offshore, On shore. Offshore accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028. Analysis:
Preview
Based
on , the market is segmented into .
dominates the global Flexible Pipes
market and is expected to continue the same trend from 2021 to 2028.
Global Flexible Pipes Market: Raw material Segment Analysis
-
- High-Density Polyethylene
- Polyamides
- Polyvinylidene Fluoride
- Others
Global Flexible Pipes Market: Ingredient Segment Analysis
-
- Offshore
- On shore
FAQ
Frequently Asked Question
What is the global demand for Flexible Pipes in terms of revenue?
-
The global Flexible Pipes valued at 1,014 Million in 2020 and is expected to reach 1435.4 Million in 2028 growing at a CAGR of 4.44%.
Which are the prominent players in the market?
-
The prominent players in the market are SOLUFORCE, TECHNIP, FLEXPIPE SYSTEMS, FLEXSTEEL PIPELINE TECHNOLOGIES INC., GE OIL & GAS, NATIONAL OILWELLVARCO (NOV), CONTITECH AG, AIRBORNE OIL & GAS B.V., PRYSMIAN GROUP, DEEPFLEX..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.44% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Flexible Pipes include
- The advancement in technological of drilling the process have revolutionized oil & gas industry and provided the access to the remote locations, deepwater regions, unconventional formations, and even Arctic, this is anticipated to drive the market in the near future.
- The increasing demand and sales of oil & gas exploration activities and related equipments is rising in emerging nations because of rising population and increasing petroleum drilling activities across the globe and supporting the growth of the market in the years to come.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Flexible Pipes in 2020.