Lucintel Forecasts The Global Flexible Pipe Market To Reach $2 Billion By 2030

By Author: Lucintel LLC
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According to the recent study the global flexible pipe market is projected to reach an estimated $2 billion by 2030 at a CAGR of 5% from 2023 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 global 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 by clicking on 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 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 to get access of more than 1000 reports at fraction of cost visit Lucintel's analytics dashboard.
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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