Flexible pipes Market 2019-2026 Eminent Players - National Oilwell Varco, Technipfmc, Deepflex, Soluforce, Shawcor, Airborne Oil & Gas B.V., GE Oil & Gas, Flexsteel Pipeline Technologies, Contitech AG, Pipelife Nederland B.V

Global Flexible Pipes Market is accounted for $915.93 million in 2017 and is expected to reach $1,470.07 million by 2026 growing at a CAGR of 5.4% during the forecast period. Increasing demand for engineering grade flexible materials, rise in activities such as exploration of oil & gas reserves and technological advances in the drilling process are the factors propelling the market growth. However, stringent regulations in the oil & gas industry and decreasing crude oil prices are some of the factors hindering the market growth. Moreover, the discovery of new oil reserves is providing ample opportunities for the market growth.

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A flexible pipe is a vacuum type tube made to carry fluids from one place to another. These pipes are utilized in offshore and onshore oil & gas exploration and creation process. Flexible pipe is characterized by a composite construction of layers of different materials, which allows large amplitude deflections without adverse effects on the pipe.

Top Industry Players:
Some of the key players profiled in the Flexible pipes include National Oilwell Varco, Technipfmc PLC, Deepflex, Soluforce, Shawcor Ltd., Airborne Oil & Gas B.V., GE Oil & Gas Inc., Prysmian S.p.A., Flexsteel Pipeline Technologies, Contitech AG, Pipelife Nederland B.V., Magma Global Ltd. and Chevron Phillips Chemical Company LLC.

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By application, offshore flexible pipes are broadly used in applications such as chemical injection pipes and risers. These pipes assist to explore and expand petroleum reserves that are situated beneath a water body, such as river, sea, lake, or ocean. Offshore drilling and production activities are rising due to the growing importance of profound and ultra-deepwater activities in most of the regions.

Based on geography, North America is attributed to held growth during the forecast period due to the rising number of oil and gas E&P activities being undertaken. Factors such as industrial advancements in horizontal and pad drilling and the large quantity of shale oil and gas reserves will enhance the use of flexible pipes in the exploration of oil and gas in the region.

Product Types Covered:
• Jumpers
• Risers
• Fluid Transfer Lines
• Flow Lines

Types Covered:
• Silicone Flexible Pipe
• Insulated Flexible Pipe
• Metric Flexible Pipe
• Other Types

Raw Materials Covered:
• Polyamides (PA)
• Polyvinylidene Fluoride (PVDF)
• High-Density Polyethylene (HDPE)
• Stainless Flexible Pipe
• Rubber Flexible Pipe
• Polyvinyl Chloride (PVC) Flexible Pipe
• Aluminium Flexible Pipe
• Teflon Flexible Pipe
• Other Raw Materials

Applications Covered:
• Onshore
• Offshore

End Users Covered:
• Manufacturing
• Water Treatment
• Oil & Gas
• Mining
• Chemical and Petrochemical
• Other End Users

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