Press release
Flexible Pipes for Oil and Gas Market Share & Y–o–Y Growth (%) 2019: Technip, GE Oil & Gas (Wellstream), National Oilwell Varco (NKT Flexibles), Shawcor (Flexpipe Systems), Airborne Oil & Gas, SoluForce (Pipelife), H.A.T-FLEX and More
Flexible Pipes for Oil and Gas Market
A flexible pipe is made up of several different layers. The main components are leakproof thermoplastic barriers and corrosion-resistant steel wires. The helically wound steel wires give the structure its high-pressure resistance and excellent bending characteristics, thus providing flexibility and superior dynamic behaviour. This modular construction, where the layers are independent but designed to interact with one another, means that each layer can be made fit-for-purpose and independently adjusted to best meet a specific field development requirement.
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The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
According to this study, over the next five years the Flexible Pipes for Oil and Gas market will register an 8.1% CAGR in terms of revenue, the global market size will reach US$ 6380 million by 2024, from US$ 4320 million in 2019.
The prominent players covered in this report:
Technip, GE Oil & Gas (Wellstream), National Oilwell Varco (NKT Flexibles), Shawcor (Flexpipe Systems), Airborne Oil & Gas, SoluForce (Pipelife), H.A.T-FLEX, Polyflow, LLC, Prysmian, Aerosun Corporation, Changchun GaoXiang Special pipe, Contitech AG, and More
Segmentation by product type:
Risers
Flowlines
Others
Segmentation by application:
Onshore
Offshore
Flexible Pipes for Oil and Gas Market Research Report provides in-depth information and professional study for the period 2019-2024. Flexible Pipes for Oil and Gas market report shares details of upstream raw materials, downstream demand, and production value with some important factor that can lead to market growth. Also, the Report is segmented into Manufactures, Types, Applications, and Regions.
The period considered to estimate the market size of the Flexible Pipes for Oil and Gas is as Follows:
History Year: 2014-2018| Base Year: 2018| Estimated Year: 2019| Forecast Year 2019 to 2024
Regional Analysis: The report analysis developed regions along with developing regions:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Market Segments:
The global Flexible Pipes for Oil and Gas market is segmented on the basis of the type of product, application, and region. The analysts authoring the report provide a meticulous evaluation of all of the segments included in the report. The segments are studied keeping in view their market share, revenue, market growth rate, and other vital factors. The segmentation study equips interested parties to identify high-growth portions of the global Flexible Pipes for Oil and Gas market and understand how the leading segments can grow during the forecast period.
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Reasons to buy:
Significant analysis of the market on the global and regional level.
Latest changes in market dynamics and competitive landscape.
Segmentation on the basis of type, application, region, and others.
Historic, Current and future market analysis in terms of size, share, revenue, growth, volume & sales.
Industry size & share forecast with regard to market growth trends.
Emerging key segments and regions
Trending business strategies by international market players.
This report considers the below mentioned key questions:
- What are some of the most favorable, high-growth prospects for the global Flexible Pipes for Oil and Gas Market?
- Which products segments will grow at a faster rate throughout the forecast period and why?
- Which geography will grow at a faster rate and why?
- What are the major factors impacting market prospects? What are the driving factors, restraints, and challenges in this Flexible Pipes for Oil and Gas market?
- What are the challenges and competitive threats to the market?
- What are the evolving trends in this Flexible Pipes for Oil and Gas market and the reasons behind their emergence?
- What are some of the changing customer demands in the Flexible Pipes for Oil and Gas Industry?
- What are the new growth prospects in the Flexible Pipes for Oil and Gas market and which competitors are showing prominent results in these prospects?
- Who are the leading pioneers in this Flexible Pipes for Oil and Gas market? What tactical initiatives are being taken by major companies for growth?
- What are some of the competing products in this Flexible Pipes for Oil and Gas market and how big of a threat do they pose for loss of market share by product substitution?
- What M&A activity has taken place in the historical years in this Flexible Pipes for Oil and Gas market?
To conclude, the Flexible Pipes for Oil and Gas market report mentions the key geographies, market landscapes alongside the production and consumption analysis, supply and demand analysis, market growth rate, along with future forecast etc. This report also provides SWOT and PEST analysis, investment feasibility and return analysis.
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