According to the recent study the flexible pipe market is projected to reach an estimated $2 billion by 2030 from $1.7 billion in 2023, at a CAGR of 4.2% from 2024 to 2030. Growth in this market is primarily driven by increasing oil & gas exploration activities, rise in demand for non-corrosive pipes, and acceptance of engineering-grade flexible materials.
Browse 98 figures/charts and 80 tables in this 178-page report to understand trends,
opportunities and forecast in flexible pipe market by type (risers, jumpers,
flow lines, and fluid transfer lines), raw material (high-density polyethylene,
polyamides, polyvinylidene fluoride, and others), application (offshore (deep
water, ultra-deep water, and subsea) and onshore), and region (North America,
Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that
high-density polyethylene are expected to remain the largest segment due to its
low cost and easy applicability.
Within the global
flexible pipe market, the offshore application is expected to be the largest
segment over the forecast period due to growing deep water, ultra-deep water,
and subsea exploration activities.
Download sample report by clicking
on below link flexible pipe market.
APAC is expected to
remain the largest market and witness the highest growth rate over the forecast
period high demand from emerging economies.
NOV Inc., TechnipFMC,
Prysmian Group, Baker Hughes Company, Future Pipe Industries, Strohm, Shawcor,
ContiTech AG, Magma Global Ltd., and Pipelife Nederland B.V. are the major suppliers in the flexible
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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