The increasing demand of non-corrosive and lightweight materials in the oil & gas industry along with long life cycle and low maintenance cost of composites are the major factors fueling the growth of the global market of composites in oil & gas industry.
Complete report Composites in Oil and Gas Industry Market spread across 156 pages, profiling 10 companies and supported with 84 tables and 61 figures is now available at http://www.rnrmarketresearch.com/composites-in-oil-and-gas-industry-market-by-resin-type-epoxy-polyester-and-phenolic-fiber-type-glass-and-carbon-application-pipes-tanks-and-top-side-applications-and-region-global-forecasts-to-2021-market-report.html
The market of composites in oil & gas industry is driven by increase in the production of shale gas and improved hydraulic fracturing methods, thereby increasing the demand of composites pipes, risers, jumpers, flow line, and others. This is because these composite components offers complete solutions against highly corrosive fluids and harsh environment conditions at various temperature, pressure, adverse weather, and soil conditions. This growth is attributed to the growing exploration of untapped resources and growing demand for energy.
North America is the largest and fastest-growing market of composites in oil & gas industry. The rising demand for high-performance and lightweight materials and increasing new product launches & other development strategies in the region lead to the growth of the market of composites in oil & gas industry in this region.
This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (35%); Tier 2 (25%) and other (40%) companies were contacted for interviews. The interviews were conducted with various key people such as C-level (30%), Director level (25%), Others (45%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (35%), Europe (30%), Asia-Pacific (20%), and RoW (Middle East & Africa and Latin America) (15%).
As a part of qualitative analysis, this research study provides a comprehensive review of major market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by different market players such as Airborne Oil & Gas (Netherlands), GE Oil & Gas (U.K.), Magma Global Limited (U.K.), National Oilwell Varco (U.S.), Vello Nordic AS (Norway), Schlumberger Limited (U.S.), Halliburton (U.S.), Strongwell Corporation (U.S.), Enduro Composites, Inc. (U.S.), ZCL Composite (Canada).
Ask for a discount before order a copy of Composites in Oil and Gas Industry Market by Resin Type (Epoxy, Polyester, and Phenolic), Fiber Type (Glass and Carbon), Application (Pipes, Tanks, and Top Side Applications), and Region — Global Forecasts to 2021 at http://www.rnrmarketresearch.com/contacts/discount?rname=690105
The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
On a related note, another research titled with High-Performance Insulation Materials Market by Type (Aerogel, Ceramic Fiber, Glass Bubble, EPS, XPS), Application (Oil & Gas, Industrial, Construction, Transportation and Power Generation, Automotive, and Paints & Coatings) — Global Forecast to 2021. The high-performance insulation materials market size is estimated to reach USD 10.93 billion by 2021, at a projected CAGR of 11.2% between 2016 and 2021. Now available at http://www.rnrmarketresearch.com/high-performance-insulation-materials-market-by-type-aerogel-ceramic-fiber-glass-bubble-eps-xps-application-oil-gas-industrial-construction-transportation-and-power-generation-automotive-and-paints-st-to-2021-market-report.html
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