Press release
Global Flexible Pipe Market Projected to Reach USD 1.42 Billion by 2030
The global flexible pipe market is set to experience steady growth, driven by increasing demand in the oil and gas industry and advancements in drilling technologies. Valued at approximately USD 1.02 billion in 2023, the market is projected to reach USD 1.42 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period from 2024 to 2030.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
Advancements in Drilling Technologies: Technological innovations in drilling activities have enhanced the efficiency and applicability of flexible pipes, further propelling market growth.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/3722/
๐ ๐ฅ๐๐ฑ๐ข๐๐ฅ๐ ๐๐ข๐ฉ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
North America: Expected to be one of the largest markets for flexible pipes during the forecast period, driven by significant oil and gas exploration activities.
Middle East & Africa: Anticipated to grow at a high CAGR due to the expansion of the oil and gas industry in the region.
๐ ๐ฅ๐๐ฑ๐ข๐๐ฅ๐ ๐๐ข๐ฉ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
๐ ๐ฅ๐๐ฑ๐ข๐๐ฅ๐ ๐๐ข๐ฉ๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam is exploring the adoption of flexible pipes to enhance its offshore oil and gas exploration activities. The government's focus on expanding energy infrastructure presents significant opportunities for market growth.
๐ ๐ฅ๐๐ฑ๐ข๐๐ฅ๐ ๐๐ข๐ฉ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's oil and gas sector is increasingly recognizing the benefits of flexible pipes for efficient fluid transportation. The country's commitment to modernizing its energy infrastructure aligns with the adoption of flexible piping solutions.
๐ ๐ฅ๐๐ฑ๐ข๐๐ฅ๐ ๐๐ข๐ฉ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan is focusing on technological innovations in its energy sector, with an emphasis on adopting flexible pipes to improve efficiency in oil and gas transportation. The country's advanced manufacturing capabilities support this trend.
๐ ๐ฅ๐๐ฑ๐ข๐๐ฅ๐ ๐๐ข๐ฉ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea is witnessing consolidation in the flexible pipe market, with key players expanding their capacities to meet rising demand. The government's emphasis on energy efficiency is fostering a favorable environment for flexible pipe adoption.
๐ ๐ฅ๐๐ฑ๐ข๐๐ฅ๐ ๐๐ข๐ฉ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore is actively exploring advanced piping solutions, including flexible pipes, to enhance its energy infrastructure. Recent developments indicate a growing interest in integrating flexible pipes into the country's offshore oil and gas activities.
๐ ๐ฅ๐๐ฑ๐ข๐๐ฅ๐ ๐๐ข๐ฉ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ
The United States continues to lead in flexible pipe production and consumption, driven by significant investments in oil and gas exploration. The presence of major industry players further supports market growth.
๐ ๐ฅ๐๐ฑ๐ข๐๐ฅ๐ ๐๐ข๐ฉ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's commitment to modernizing its energy infrastructure is driving the growth of the flexible pipe market. The region's focus on sustainable and efficient energy solutions creates significant opportunities for flexible pipe adoption.
๐ ๐ฅ๐๐ฑ๐ข๐๐ฅ๐ ๐๐ข๐ฉ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐๐ง๐ญ ๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ:
Aliaxis Group SA Acquired Silver-Line Plastics: Aliaxis Group SA, a Belgium-based company, acquired Silver-Line Plastics, a U.S.-based plastic pipe products manufacturing company, enhancing its presence in the North American market.
๐ ๐ฅ๐๐ฑ๐ข๐๐ฅ๐ ๐๐ข๐ฉ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐๐ฐ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ
PA
HDPE
PVDF
PP
Others
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Onshore
Offshore
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐ญ๐๐ค๐ ๐ ๐ฌ๐ง๐๐๐ค ๐ฉ๐๐๐ค? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฌ๐๐ ๐ฐ๐ก๐๐ญ'๐ฌ ๐ข๐ง๐ฌ๐ข๐๐:https://www.maximizemarketresearch.com/request-sample/3722/
๐ ๐ฅ๐๐ฑ๐ข๐๐ฅ๐ ๐๐ข๐ฉ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1. Evonik Industries (Germany)
2. Chevron Phillips Chemical Company (U.S.)
3. Solvay S.A. (Belgium)
4. Technip Inc. (France)
5. National Oilwell Varco, Inc. (U.S.)
6. Prysmian Group (Italy)
7. Shawcor Ltd. (Canada)
8. GE Oil & Gas Corporation (U.K.)
9. Pipelife Nederland B.V. (Netherlands)
10.Magma Global Ltd. (U.K.)
๐๐ข๐ฏ๐ ๐๐๐๐ฉ๐๐ซ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ ๐๐๐ญ๐! ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ญ๐ฎ๐๐ฒ ๐จ๐ง ๐๐ฎ๐ซ ๐๐๐๐ฉ๐๐ ๐ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/market-report/flexible-pipe-market/3722/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐ฅ๐๐ฑ๐ข๐๐ฅ๐ ๐๐ข๐ฉ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is Flexible Pipe ?
What is the growth rate of the Flexible Pipe Market?
Who are the key players in the Flexible Pipe market?
Who are the leading companies and what are their portfolios in Flexible Pipe Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Flexible Pipe Market?
Which are the factors expected to drive the Flexible Pipe market growth?
What are the different segments of the Flexible Pipe Market?
What growth strategies are the players considering to increase their presence in Flexible Pipe ?
What are the upcoming industry applications and trends for the Flexible Pipe Market?
What segments are covered in the Flexible Pipe Market?
What segments are covered in the Flexible Pipe Market?
What are the key opportunities in the market?
What factors restrain the market growth?
๐๐ฑ๐๐ข๐ญ๐๐ ๐ญ๐จ ๐๐ข๐ฏ๐ ๐ข๐ง? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฎ๐ง๐๐จ๐ฏ๐๐ซ ๐ข๐ญ๐ฌ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ:https://www.maximizemarketresearch.com/request-sample/3722/
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐๐ญ๐๐ฌ๐ญ ๐๐ฎ๐ญ๐ญ๐ข๐ง๐ -๐๐๐ ๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐๐ซ๐จ๐ฆ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ข๐ฌ ๐ง๐จ๐ฐ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ :
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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