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Reinforced Thermoplastic Pipe (RTP) Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Global Reinforced Thermoplastic Pipe (RTP) MarketRTPs were first developed and produced in long-lengths by Pipelife Nederland B.V. in the year 1998. The basis of this 'Long-Length Reinforced Thermoplastic Pipe' (LLRTP) was (and still is) a modified version of a flexible thermoplastic pipe, which was already produced by Pipelife since the 1960's. To be able to withstand high pressures, a reinforcement layer was added to the flexible thermoplastic pipe. Hence the name 'Reinforced Thermoplastic Pipe', or RTP.
The global Reinforced Thermoplastic Pipe (RTP) market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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North American market for Reinforced Thermoplastic Pipe (RTP) is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Reinforced Thermoplastic Pipe (RTP) is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Reinforced Thermoplastic Pipe (RTP) include TechnipFMC, GE Oil & Gas (Wellstream), NOV Inc. (NKT Flexibles), Shawcor (Flexpipe Systems), FlexSteel Pipeline Technologies, Inc., SoluForce, Polyflow, LLC, Prysmian Group and Aerosun Corporation, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Reinforced Thermoplastic Pipe (RTP), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Reinforced Thermoplastic Pipe (RTP).
The Reinforced Thermoplastic Pipe (RTP) market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Reinforced Thermoplastic Pipe (RTP) market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Reinforced Thermoplastic Pipe (RTP) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
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Key Segmentations
By Company
• TechnipFMC
• GE Oil & Gas (Wellstream)
• NOV Inc. (NKT Flexibles)
• Shawcor (Flexpipe Systems)
• FlexSteel Pipeline Technologies, Inc.
• SoluForce
• Polyflow, LLC
• Prysmian Group
• Aerosun Corporation
• Changchun Gao Xiang Special Pipe Co., Ltd.
• Airborne Oil & Gas
Segment by Type
• Non-metallic Flexible Composite Pipes (FCP)
• Metallic Flexible Composite Pipes (FCP)
Segment by Application
• High-pressure water injection pipelines
• Water transport and distribution
• Effluent water disposal
• Temporary surface lines
• Oil and gas flow- and gathering lines
• (Domestic) Gas pipelines
• Multi-phase pipelines
• Well intervention
• Landing/ export lines
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