Press release
Flexible Pipe Market worth 1,111.3 Million USD by 2022 | Key Players include National Oilwell Varco, Inc., Technip Inc., Prysmian Group, GE Oil & Gas Corporation, Shawcor Ltd., Pipelife Nederland B.V., Airborne Oil & Gas B.V., Magma Global Ltd., ContiTech
Flexible pipes are manufactured by using materials such as HDPE, PA, and PVDF, among others. Based on raw material, the HDPE segment accounted for the largest share of the flexible pipe market in 2016. This segment is projected to grow at the highest CAGR between 2017 and 2022. The high demand for HDPE is mainly attributed to its low cost and excellent physical properties.
Browse 74 market data Tables and 32 Figures spread through 118 Pages and in-depth TOC on "Flexible Pipe Market" - Global Forecast to 2022"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/flexible-pipes-market-132547188.html
The offshore application segment has been witnessing significant growth in recent years, owing to the increase in deepwater, ultra-deep water, and subsea exploration activities. Moreover, the price of offshore flexible pipes is higher as compared to the flexible pipes used in onshore applications. The increasing applicability of flexible pipes in products such as coiled tubing and risers for offshore production activities contributes to the growth of the flexible pipe market in offshore application.
The flexible pipe market in the Middle East & Africa is projected to witness the highest growth during the forecast period. This growth is mainly driven by the increase in onshore and offshore oil & gas exploration activities in Saudi Arabia, the UAE, and Nigeria, among other countries. Moreover, in Angola, Kaombo project is being executed for ultra-deep water offshore oil & gas exploration, which is estimated to take approximately three years for completion. In Tanzania, both onshore and offshore exploration projects are in the pipeline. All these factors have contributed to the growth of the flexible pipe market in the Middle East & Africa.
For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=132547188
Key players operating in the flexible pipe market are National Oilwell Varco, Inc. (U.S.), Technip Inc. (France), Prysmian Group (Italy), GE Oil & Gas Corporation (U.K.), Shawcor Ltd. (Canada), Pipelife Nederland B.V. (Netherlands), Airborne Oil & Gas B.V. (Netherlands), Magma Global Ltd. (U.K.), ContiTech AG (Germany), and FlexSteel Pipeline Technologies, Inc. (U.S.).
Companies such as GE Oil & Gas Corporation (U.K.), Technip Inc. (France), Airborne Oil & Gas B.V. (Netherlands), Magma Global Ltd. (U.K.), and Prysmian Group (Italy) have adopted expansions, joint ventures, new product launches, contracts, and innovations as key growth strategies to enhance their market share and expand their presence in the flexible pipe market.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=132547188
In May 2016, Magma Global Ltd. (U.K.) launched its Integrated Deployment Package (IDP) system. This flexible pipe deployment and retrieval system is designed for high pressure hydraulic pumping from the back-deck of small vessels. This development strategy helped the company enhance its product portfolio in the flexible pipe market.
In January 2014, GE Oil & Gas Corporation (U.K.) established a logistic base in Rio de Janeiro (Brazil). The company further invested USD 100 million for the establishment of a modern logistics base, which is primarily designed to load and unload installer ships. These vessels carry heavy equipment, including large reels of flexible pipes, and target the mobilization and maintenance of oil wells.
Contact:
Mr. Sanjay Gupta
MarketsandMarkets(TM) INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/flexible-pipes.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/flexible-pipes-market.asp
About MarketsandMarkets(TM)
MarketsandMarkets(TM) provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(TM) for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets(TM) 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. MarketsandMarkets(TM) now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets(TM) is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" 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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Flexible Pipe Market worth 1,111.3 Million USD by 2022 | Key Players include National Oilwell Varco, Inc., Technip Inc., Prysmian Group, GE Oil & Gas Corporation, Shawcor Ltd., Pipelife Nederland B.V., Airborne Oil & Gas B.V., Magma Global Ltd., ContiTech here
News-ID: 1959719 • Views: …
More Releases from MarketsandMarkets
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for…
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth.
Download PDF Brochure @…
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing…
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of…
More Releases for Pipe
Seamless casing pipe vs ERW casing pipe
Seamless steel casing pipes-casing made of seamless steel pipe as raw material
Seamless pipe refers to a steel pipe manufactured by four methods: hot rolling, cold rolling, hot drawing, and cold drawing. There is no weld seam on the pipe body itself.
ERW casing pipe-casing made of electric welded pipe as raw material
ERW pipe refers to a straight seam welded pipe manufactured through a high-frequency resistance welding process. The raw material steel…
Comparison of ERW Welded Pipe and Seamless Steel Pipe (tested by PetroChina Pipe …
1. Outer diameter tolerance
ERW steel pipe: It is cold-formed and sizing is completed by reducing the diameter by 0.6%. The process temperature is basically constant at room temperature. Therefore, the outer diameter is controlled accurately and the fluctuation range is small, which is helpful to eliminate black leather buckles.
Seamless steel tube: The hot-rolling forming process is used, and its sizing is completed at about 8000C. The raw material composition, cooling…
Conduit Pipe Market Bolstered by Emerging New Advancements, Says QYR | ABB, Nati …
LOS ANGELES, United States: The report is an all-inclusive research study of the global Conduit Pipe market taking into account the growth factors, recent trends, developments, opportunities, and competitive landscape. The market analysts and researchers have done extensive analysis of the global Conduit Pipe market with the help of research methodologies such as PESTLE and Porter’s Five Forces analysis. They have provided accurate and reliable market data and useful recommendations…
HDPE Pipes Market Current Trends and Detailed Study with Forecast to 2028 | Oil …
Global HDPE Pipes Market: Overview
The application of high density polyethylene (HDPE) pipes has increased in industry like chemical, electronics, and gas distribution. As a result of this extensive application, the global HDPE pipes market is witnessing a substantial growth in the forecast period of 2018 to 2028. Moreover, the growing demand for HDPE pipes in drainage and sewerage industry is another factor that is responsible for the growth of…
Global HDPE 100 Pipe Market 2017 LESSO, Cangzhou Mingzhu, Junxing Pipe, Ginde Pi …
In this report, the global HDPE 100 Pipe market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Global Market Report HDPE 100 Pipe Market Size, Status and Forecast 2022 provides Market information about Manufacturers, Countries, Type and Application.This HDPE 100 Pipe Industry report also states Company Profile, sales,…
Anti-corrosion Steel Pipe and Coating Steel Pipe
Anti-corrosion steel pipe refers to do anti-corruption treatment for the ordinary steel pipe with special technology, making the steel pipe equipped certain corrosion resistance.Generally used in waterproof, anti-rust, acid and alkali proof, anti-oxidation and so on.Different needs, different inside and outside wall corresponding anti-corrosion measures.Common are: epoxy coal tar anti-corrosion, anti-corrosion epoxy coatings, urethane paint anti-corrosion, IPN8710 water pipeline corrosion protection, non-toxic paint anti corrosion,anti-corrosion polymer coating, steel pipe lining…
