According to a market report by Lucintel, the future of the North American reinforced thermoplastic pipe market looks promising with opportunities in the oil and gas, water and wastewater, and mining & other applications. The global North American reinforced thermoplastic pipe market is expected to reach an estimated $1 billion by 2030 at a CAGR of 4% from 2023 to 2030. The major drivers for this market are increasing old pipeline replacement, growing oil and gas industry, and new pipeline construction activities.
A total of more than 150
page report to understand trends,
opportunity and forecast in North American reinforced thermoplastic pipe market
to 2030 by end use (oil & gas, water & wastewater, and mining &
others), reinforcement type (glass fiber epoxy laminate RTP, dry glass fiber
RTP, steel RTP, and aramid tape reinforced thermpopastic pipes), diameter
(small diameter and large diameter pipes), pressure rating (low pressure and
high pressure pipes), and product type (metallic and non-metallic reinforced
thermoplastic pipes).
Lucintel forecasts that glass fiber epoxy laminate reinforced RTP will
remain the largest reinforcement type segment over the forecast period due to
their cost advantages and high performance in extreme conditions of high
pressure and high temperature.
Within this market, oil and gas will remain the largest application
segment over the forecast period due to increasing old pipeline replacement
with reinforced thermoplastic pipes.
Download sample by clicking on North
American reinforced thermoplastic pipe market
Baker Hughes, NOV, TechnipFMC, Shawcor, Wienerberger, Future Pipe,
FlexSteel, and Magma.are the major suppliers in the North American reinforced
thermoplastic pipe market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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