Press release
Global Thermoplastic Pipe Market 2022 Review & Forecast Research Report Published by Orbis Research
According to Stratistics MRC, the global thermoplastic pipes market accounted for $58.8 billion in the year 2015 and is expected to reach $89.9 billion by 2022 growing at a CAGR of 6.23%. Increasing oil and gas offshore drilling is expected to drive the global markets for Thermoplastic Pipe. Increasing applications for large diameter pipe and shift in trend towards offshore oil & gas activities are the drivers f0r thermoplastic pipes market. However, factors such as safety issues and high costs are limiting the market growth. The future opportunity for the market lies in increasing number of horizontal wells.
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The usage of thermoplastics is increasing in oil & gas industry, mainly in deepwater and ultra deepwater applications, is one of the key drivers of thermoplastic pipes market. The oil & gas application of thermoplastic pipes is expected to grow at a significant growth rate due to increasing demand for flexible pipes, risers and umbilical. Asia-Pacific leads the global market with the largest market share and is expected to grow with a high CAGR among the other regions due to emerging economies, increasing oil and gas activities over the forecast period. Emerging countries such as China, India and Brazil are projected to be the fastest growing markets.
Some of the key players in the market are Chevron Philips Chemical Company LP, Airborne Oil & Gas B. V., Advanced Drainage Systems Inc, national Oilwell Varco, KWH Pipe, Prysmian, IPEX Inc, Technip, Simtech, Georg Fischer Piping Systems Ltd, and Antna Plastics.
Browse the full report @ http://www.orbisresearch.com/reports/index/thermoplastic-pipe-global-market-outlook-2015-2022 .
Thermoplastic Pipes polymer Types Covered:
Polyethylene (PE)
Polyamide (PA) Market
Polypropylene (PP) Market
Ployvinylidene Fluoride (PVDF)
Polyvinyl Chloride (PVC)
Others
Applications Covered:
Municipal Pipes
Mining & Dredging Pipes
Oil & Gas
Chemical Pipes
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt
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What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
For any enquires before buying, connect with us @ enquiry@orbisresearch.com
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Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
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