Global Flexible Pipes Market for Oil and Gas

  • Published: Aug 2020
  • Pages: 120
  • SKU: IRTNTR43877
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The flexible pipes market for oil and gas size will record an incremental growth of USD 123.54 million and a CAGR of over 2% during 2020-2024.

This market report entails segmentations by type (HDPE, PA, PVDF, and others), geography (North America, MEA, South America, APAC, and Europe), and application (offshore and onshore). View our sample report to gather market insights on the segmentations. 

The flexible pipes market for oil and gas report also analyzes the market’s competitive landscape and offers information on several market vendors, including Airborne Oil & Gas BV, Continental AG, FlexSteel Pipeline Technologies Inc., General Electric Co., MAGMA GLOBAL Ltd., National Oilwell Varco Inc., Prysmian Spa, Shawcor Ltd., TechnipFMC Plc, and Wienerberger AG.

What will the Flexible Pipes Market for Oil and Gas Size be in 2020?

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Overview of Competitive Analysis

The flexible pipes market for oil and gas forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies.

The market structure is fragmented. With the shift in consumer behavior owing to the COVID-19 pandemic, the vendors are focusing on leveraging upcoming trends and drivers that have been identified and explored in this flexible pipes market for oil and gas analysis report. Factors such as the rising investment in upstream oil and gas activity will offer immense growth opportunities to the buyers. The report also covers challenges and strategies to dodge them, which will help vendors in recreating their plan of action to obtain growth opportunities in the future.

To make the most of the opportunities, vendors should also capitalize on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post-COVID-19 impact on each product and service segments.

Which are the Key Regional Markets for Flexible Pipes Market for Oil and Gas?

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The report offers an up-to-date analysis of the geographical composition of the market. MEA had the largest market share in the flexible pipes market for oil and gas in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The growing acceptance of engineering-grade flexible materials will significantly influence flexible pipes market for oil and gas growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report

44% of the market’s growth will originate from MEA during the forecast period. Saudi Arabia is a key market for flexible pipes market for oil and gas in the region. This report provides estimations of the contribution of all regions to the growth of the flexible pipes market for oil and gas size.

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What are the Key Factors Covered in this Flexible Pipes Market for Oil and Gas Report?

  • CAGR of the flexible pipes market for oil and gas during the forecast period 
  • Detailed information on factors that will drive flexible pipes market for oil and gas growth during the next five years
  • Precise estimation of the flexible pipes market size for oil and gas and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the flexible pipes market for oil and gas industry across North America, MEA, South America, APAC, and Europe
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of flexible pipes market for oil and gas vendors

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Flexible Pipes Market For Oil And Gas Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 2%

Market growth 2020-2024

USD 123.54 million

Market structure

Fragmented

YoY growth (%)

0.58

Regional analysis

North America, MEA, South America, APAC, and Europe

Performing market contribution

MEA at 44%

Key consumer countries

US, Saudi Arabia, Russian Federation, Canada, and China

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Airborne Oil & Gas BV, Continental AG, FlexSteel Pipeline Technologies Inc., General Electric Co., MAGMA GLOBAL Ltd., National Oilwell Varco Inc., Prysmian Spa, Shawcor Ltd., TechnipFMC Plc, and Wienerberger AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The flexible pipes market for oil and gas market growth will increase by $123.54 million during 2019-2024.
The flexible pipes market for oil and gas market is expected to grow at a CAGR of 2.47% during 2019-2024.
Technavio has segmented the flexible pipes market for oil and gas market by type (HDPE, PA, PVDF, and Others) ,application (Offshore and Onshore) , and geographic (North America, MEA, South America, APAC, and Europe).
Airborne Oil & Gas BV, Continental AG, FlexSteel Pipeline Technologies Inc., General Electric Co., MAGMA GLOBAL Ltd., National Oilwell Varco Inc., Prysmian Spa, Shawcor Ltd., TechnipFMC Plc, Wienerberger AG are a few of the key vendors in the flexible pipes market for oil and gas market.
MEA will register the highest growth rate of 44.47% among the other regions. Therefore, the flexible pipes market for oil and gas market in MEA is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • Saudi Arabia
  • Russian Federation
  • Canada
  • China
The key factors driving the flexible pipes market for oil and gas market growth are:
  • Rising investment in upstream oil and gas activity
The flexible pipes market for oil and gas market vendors should focus on grabbing business opportunities from the hdpe segment as it accounted for the largest market share in the base year.
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