Flexible Pipes Global Market Report 2023: Introduction of Innovative and Technologically Advanced Process for Drilling to Support Growth

Global Market for Flexible Pipes

Dublin, May 26, 2023 (GLOBE NEWSWIRE) -- The "Flexible Pipes - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.Global Flexible Pipes Market to Reach $1.7 Billion by 2030In the changed post COVID-19 business landscape, the global market for Flexible Pipes estimated at US$1.2 Billion in the year 2022, is projected to reach a revised size of US$1.7 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2022-2030. High-Density Polyethylene (HDPE), one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$639.2 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Polyamide segment is readjusted to a revised 4.3% CAGR for the next 8-year period. The U.S. Market is Estimated at $305.4 Million, While China is Forecast to Grow at 7.4% CAGRThe Flexible Pipes market in the U.S. is estimated at US$305.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$370.2 Million by the year 2030 trailing a CAGR of 7.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.Select Competitors (Total 46 Featured) -

Airborne Oil & Gas B.V.

ContiTech AG

FlexSteel Pipeline Technologies, Inc.

GE Oil & Gas

Magma Global Limited

National Oilwell Varco, Inc.

Pipelife Nederland B.V.

Prysmian Group

Shawcor Ltd.

TechnipFMC PLC

What`s New for 2023?

Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

Global competitiveness and key competitor percentage market shares

Market presence across multiple geographies - Strong/Active/Niche/Trivial

Online interactive peer-to-peer collaborative bespoke updates

Access to digital archives and Research Platform

Complimentary updates for one year

Key Attributes:

Report Attribute

Details

No. of Pages

246

Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$1.2 Billion

Forecasted Market Value (USD) by 2030

$1.7 Billion

Compound Annual Growth Rate

4.5%

Regions Covered

Global

Key Topics Covered: I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW

Influencer Market Insights

Impact of Covid-19 and a Looming Global Recession

Flexible Pipe Market to Witness Moderate Growth

Flexible Pipes - Global Key Competitors Percentage Market Share in 2022 (E)

Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS

New Oil Reserve Discoveries to Bolster Demand for Flexible Pipe Market

Total Reserves in the US, Both Proven and Changes for the Years 2017-2018

Introduction of Innovative and Technologically Advanced Process for Drilling to Support Market Growth of Flexible Pipes

Increasing Demand for Non-corrosive Pipes Due to Increasing Need for Application in Oil & Gas Industry to Bolster Flexible Pipes Market Prospects

Increase in Deepwater Exploration to Support Market Demand

Global Liquids Output: Production in Million b/d

Increasing demand for Oil & Gas Brighten-up Market Prospects of Flexible Pipes

Supply and Demand of Oil (in Million Barrels a day) for OECD Countries: 2017-2020

Global Oil Production in Thousand Barrels per Day: 1998-2018

Increasing Demand for Non-corrosive Pipes Bolster Flexible Pipes Market Growth

Drop in Crude Oil Prices to Challenge Market Growth of Flexible Pipes Market

Increase in Horizontal Wells Exploration Drives Market Demand for Flexible Pipes

Technological Advancements in Oil Drilling to Bolster Market Growth

Stringent Regulations Governing the Oil & Gas Sector to Slow Down Market Growth

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/vfmrrw

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Global Market for Flexible Pipes