Lucintel Forecasts Flexible Pipe Market to Grow at a CAGR of 3%-5%


Posted August 25, 2021 by Lucintel

According to the recent study the flexible pipe market is projected to grow at a CAGR of 3%-5% from 2020 to 2026.

 
According to the recent study the flexible pipe market is projected to grow at a CAGR of 3%-5% from 2020 to 2026. 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 XX figures / charts and XX tables in this 150-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 and onshore), and region (North America, Europe, Asia Pacific, and Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/flexible-pipe-market.aspx

“High-density polyethylene market is expected to remain the largest segment during the forecast period.”
Based on raw material, the flexible pipe market is segmented into high-density polyethylene, polyamides, polyvinylidene, fluoride, and others. Lucintel forecasts that the high-density polyethylene market is expected to remain the largest segment due to its low cost and easy applicability.
“Within the flexible pipe market, the offshore segment is expected to remain the largest application”
Based on application, the offshore segment is expected to witness the largest segment due to increasing penetration in deep-water, ultra-water, and subsea applications.

“North America will dominate the flexible pipe market in near future”
North America is expected to be the largest region with the highest growth over the forecast period due to the presence of leading market players and a large number of oil & gas drilling activities in the US and Canada in this region.
Download Brochure of this report by clicking on https://www.lucintel.com/flexible-pipe-market.aspx
Major players of flexible pipe market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. National Oilwell Varco, Technipfmc, Prysmian Group, GE Oil & Gas, Shawcor, Pipelife Nederland, Airborne Oil & Gas, Magma Global, Contitech, and Flexsteel Pipeline Technologies are among the major flexible pipe providers.
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 click on this link https://www.lucintel.com/flexible-pipe-market.aspx or [email protected]
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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. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
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Tags flexible pipe market
Last Updated August 25, 2021