Press release
Expanding Flexible Pipe Market: Robust CAGR, Market Size Predictions, and Key Trends Driving Growth
Flexible Pipe Market
What Is The Projected Market Size Of The Global Flexible Pipe Market And Its Growth Rate?
Significant growth has been observed in the flexible pipe market:
- In 2024, the market size was $1.16 billion
- The market value is set to increase to $1.22 billion in 2025, displaying a CAGR of 5.2%
- The forecasted market size by 2029 is $1.54 billion, propelled by a CAGR of 6.1%
The market growth is attributed to the rising demand for durable and versatile piping, economic growth forecasts, market competition dynamics, and increasing demand for flexible pipes.
What Is Driving The Growth In The Flexible Pipe Market?
A key driver for the growth of the flexible pipe market is the surge in demand for oil and gas. As essential fuels extracted from the earth's surface, this increased demand drives the market for flexible pipes, which are used in the oil and gas industry to meet technical requirements and overcome geometric constraints of water. For example, the Energy Information Administration reported in April 2024 that natural gas consumption in the electric power sector rose by 6% in July and August 2023 compared to the same months in 2022. Thus, the growth of the flexible pipe market is directly tied to the increasing demand for oil and gas.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8736&type=smp
Who Are the Key Players Driving Flexible Pipe Market Growth?
Major companies in the flexible pipe market include:
- PT Elnusa Tbk
- Schlumberger Limited
- FlexEnergy LLC
- Flexitech Group
- Baker Hughes
- Saipem S.p.A.
- NOV Inc.
- National Oilwell Varco, TechnipFMC plc, Wavin B.V.
- Cosmoplast Industrial Company LLC
- Shawcor Ltd
- SoluForce
- FlexSteel Pipe
- Flexfab Horizons International
- Magma Global Ltd
- GE Oil & Gas Corporation
- Strohm B.V.
- The ContiTech Group
- Airborne Oil & Gas B.V.
- Pipelife Nederland B.V.
- Flexmaster Joint Kit Pvt. Ltd.
What Are The Key Trends In The Flexible Pipe Market?
Key trends in the forecast period include:
- Customization and tailored solutions
- Integration of subsea systems
- Technological advancements
- Environmentally conscious solutions
- Smart pipe technologies
What Are The Segments Of The Global Flexible Pipe Market?
The flexible pipe market is segmented by:
- Raw Material: High-density Polyethylene, Polyamides, Polyvinylidene Fluoride, Other Raw Materials
- Application: Offshore, Onshore
- End Use Industry: Oil And Gas, Water Treatment Plants, Chemical And Petrochemicals, Mining, Pharmaceuticals, Food And Beverages, Other End-Use Industries
Which Region Leads The Flexible Pipe Market?
In 2024, North America dominated the flexible pipe market, whilst the Middle East and Africa are expected to be the fastest-growing region in the forecast period. The flexible pipe market report covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/flexible-pipe-global-market-report
What Is Covered In The Flexible Pipe Market Global Market Report?
- Market Size Analysis: Analyze the Flexible Pipe Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Flexible Pipe Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Flexible Pipe Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Flexible Pipe Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/customise?id=8736&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Expanding Flexible Pipe Market: Robust CAGR, Market Size Predictions, and Key Trends Driving Growth here
News-ID: 3840773 • Views: …
More Releases from The Business Research Company
Global Dermal Regeneration Market Expansion at 8.9% CAGR, Valued at $2.52 Billio …
"Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
What Are the Dermal Regeneration Market Size Forecast for 2025?
In recent years, the market size of dermal regeneration has significantly expanded. Its growth is set to continue, moving from a market value of $1.64 billion in 2024, surging to $1.79 billion in 2025, indicating a Compound Annual Growth Rate…
Dental Emergency Kit Market Expansion Outlook: $1.74 Billion in 2029
"Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Projected CAGR for the Dental Emergency Kit Market from 2024 to 2025?
In recent times, the dental emergency kit market has seen significant growth. Projected growth rates suggest an increase from $1.18 billion in 2024 to $1.28 billion in 2025, manifesting a compound annual growth rate (CAGR) of 8.2%.…
Cryopreservation Equipment Industry Growth Outlook: 15.4% CAGR and $19.55 Billio …
"Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Long-Term Growth Forecast for the Cryopreservation Equipment Market Size 2025?
The expansion of the cryopreservation equipment market has been significant in recent years. The market which is expected to escalate from $9.52 billion in 2024 to $11.01 billion in 2025, will do so with a compound annual growth rate…
Connected Wearable Patches Industry to Achieve $10.78 Billion Growth by 2029
"Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
How Will the Connected Wearable Patches Market Grow by 2025 in Terms of Size and Growth?
The market size for connected wearable patches has seen significant expansion in the most recent years. With an expected rise from $5.62 billion in 2024 to $6.42 billion in 2025, representing a compound annual growth rate…
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…
