Press release
Flexible Pipes Industry Report Analysis By opportunities
A flexible pipe is a vacuum type tube designed to carry fluids from one place to another. These pipes are utilized in offshore and onshore oil & gas exploration. Flexible pipe is characterized by a composite construction of layers of different materials, which allows large amplitude deflections without adverse effects on the pipe.
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Based on the application, the offshore segment is anticipated to expand at a rapid pace during the forecast period due to the growing importance of profound and ultra-deepwater activities in most of the regions. By geography, North America is going to have high growth during the forecast period which can be attributed to the industrial advancements in horizontal and pad drilling and the large quantity of shale oil and gas reserves.
Some of the key players profiled in the Flexible Pipes Market include Contitech AG, National Oilwell Varco, Airborne Oil & Gas B.V., Magma Global Ltd, Deepflex, GE Oil & Gas Inc., Soluforce, Chevron Phillips Chemical Company LLC, Technipfmc PLC, Pipelife Nederland B.V., Prysmian S.p.A., Flexsteel Pipeline Technologies, and Shawcor Ltd.
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