PUBLISHER: IMARC | PRODUCT CODE: 1298669
PUBLISHER: IMARC | PRODUCT CODE: 1298669
Spoolable Pipes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global spoolable pipes market size reached US$ 1.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.2 Billion by 2028, exhibiting a growth rate (CAGR) of 3.9% during 2023-2028.
Spoolable pipes are flexible pipes manufactured using polymeric materials reinforced with carbon and glass fibers. They can be wound on a reel and provide ease in installation and transportation. They are commonly available in composite and reinforced thermoplastic variants. Spoolable pipes are widely used in the production of gathering lines, jumpers, subsea flowlines, directional drilling, well intervention, and injection lines. They are also used for the transportation of refined and crude petroleum fuels, such as natural gas and oil, and other fuels, including slurry, sewage, and water. These pipes maintain structural integrity under extreme temperatures and exhibit excellent resistance to corrosion, erosion, pressure, and chemicals. Spoolable pipes also possess other beneficial properties, such as high fatigue resistance, enhanced flow rates, reduced maintenance costs, and fast commissioning.
Spoolable Pipes Market Trends:
The significant growth in the oil and gas industry across the globe is the key factor driving the market growth. Spoolable pipes are widely used for the transportation of crude oil and natural gas due to their low maintenance and installation properties. In line with this, the widespread product adoption in gas gathering lines is favoring the market growth. Moreover, various technological advancements, such as the development of complementary spoolable composite pipe technology for enhancing performance at high loads, are providing a considerable boost to the market growth. In addition to this, the increasing utilization of spoolable pipes in water distribution, mining, and water treatment on account of resistance to contamination and the minimized risks of microbial contamination is positively impacting the market growth. Apart from this, the increasing demand for fiber-reinforced spoolable pipes and the widespread product adoption for the renovation and repair of traditional piping systems are anticipated to create a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global spoolable pipes market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on matrix type, reinforcement type, application and sales channel.
Breakup by Matrix Type:
Thermoplastics
Thermosets
Breakup by Reinforcement Type:
Glass Fiber-Reinforced Spoolable Pipe
Carbon Fiber-Reinforced Spoolable Pipe
Steel-Reinforced Spoolable Pipe
Others
Breakup by Application:
Onshore
Offshore
Downhole
Others
Breakup by Sales Channel:
Direct Sales
Distributors
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Baker Hughes Company, FlexSteel Pipeline Technologies Inc., Future Pipe Industries, Hebei Heng An Tai Pipeline Co. Ltd, Magma Global Ltd. (TechnipFMC plc), NOV Inc., Pipelife International Gmbh (Wienerberger AG), Shawcor Ltd., Smartpipe Technologies and Strohm B.V.
Key Questions Answered in This Report
1. What was the size of the global spoolable pipes market in 2022?
2. What is the expected growth rate of the global spoolable pipes market during 2023-2028?
3. What has been the impact of COVID-19 on the global spoolable pipes market?
4. What are the key factors driving the global spoolable pipes market?
5. What is the breakup of the global spoolable pipes market based on the matrix type?
6. What is the breakup of the global spoolable pipes market based on the application?
7. What are the key regions in the global spoolable pipes market?
8. Who are the key players/companies in the global spoolable pipes market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Spoolable Pipes Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Matrix Type
- 6.1 Thermoplastics
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Thermosets
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Reinforcement Type
- 7.1 Glass Fiber-Reinforced Spoolable Pipe
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Carbon Fiber-Reinforced Spoolable Pipe
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Steel-Reinforced Spoolable Pipe
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Application
- 8.1 Onshore
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Offshore
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Downhole
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by Sales Channel
- 9.1 Direct Sales
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Distributors
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Baker Hughes Company
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 FlexSteel Pipeline Technologies Inc.
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3 Future Pipe Industries
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Hebei Heng An Tai Pipeline Co. Ltd
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.5 Magma Global Ltd. (TechnipFMC plc)
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 NOV Inc.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.6.4 SWOT Analysis
- 15.3.7 Pipelife International Gmbh (Wienerberger AG)
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.8 Shawcor Ltd.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 Smartpipe Technologies
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 Strohm B.V.
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.1 Baker Hughes Company
List of Figures
- Figure 1: Global: Spoolable Pipes Market: Major Drivers and Challenges
- Figure 2: Global: Spoolable Pipes Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Spoolable Pipes Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Spoolable Pipes Market: Breakup by Matrix Type (in %), 2022
- Figure 5: Global: Spoolable Pipes Market: Breakup by Reinforcement Type (in %), 2022
- Figure 6: Global: Spoolable Pipes Market: Breakup by Application (in %), 2022
- Figure 7: Global: Spoolable Pipes Market: Breakup by Sales Channel (in %), 2022
- Figure 8: Global: Spoolable Pipes Market: Breakup by Region (in %), 2022
- Figure 9: Global: Spoolable Pipes (Thermoplastics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Spoolable Pipes (Thermoplastics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Spoolable Pipes (Thermosets) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Spoolable Pipes (Thermosets) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Spoolable Pipes (Glass Fiber-Reinforced Spoolable Pipe) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Spoolable Pipes (Glass Fiber-Reinforced Spoolable Pipe) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Spoolable Pipes (Carbon Fiber-Reinforced Spoolable Pipe) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Spoolable Pipes (Carbon Fiber-Reinforced Spoolable Pipe) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Spoolable Pipes (Steel-Reinforced Spoolable Pipe) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Spoolable Pipes (Steel-Reinforced Spoolable Pipe) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Spoolable Pipes (Other Reinforcement Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Spoolable Pipes (Other Reinforcement Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Spoolable Pipes (Onshore) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Spoolable Pipes (Onshore) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Spoolable Pipes (Offshore) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Spoolable Pipes (Offshore) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Spoolable Pipes (Downhole) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Spoolable Pipes (Downhole) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Spoolable Pipes (Others) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Spoolable Pipes (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Spoolable Pipes (Direct Sales) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Spoolable Pipes (Direct Sales) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Global: Spoolable Pipes (Distributors) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Global: Spoolable Pipes (Distributors) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: North America: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: North America: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: United States: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: United States: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Canada: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Canada: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Asia-Pacific: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Asia-Pacific: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: China: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: China: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Japan: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Japan: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: India: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: India: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: South Korea: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: South Korea: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Australia: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Australia: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Indonesia: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Indonesia: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Others: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Others: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Europe: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Europe: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Germany: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Germany: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: France: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: France: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: United Kingdom: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: United Kingdom: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Italy: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Italy: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Spain: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Spain: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Russia: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Russia: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Others: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Others: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Latin America: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Latin America: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Brazil: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Brazil: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Mexico: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Mexico: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Others: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Others: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Middle East and Africa: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
- Figure 80: Middle East and Africa: Spoolable Pipes Market: Breakup by Country (in %), 2022
- Figure 81: Middle East and Africa: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Global: Spoolable Pipes Industry: SWOT Analysis
- Figure 83: Global: Spoolable Pipes Industry: Value Chain Analysis
- Figure 84: Global: Spoolable Pipes Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Spoolable Pipes Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Spoolable Pipes Market Forecast: Breakup by Matrix Type (in Million US$), 2023-2028
- Table 3: Global: Spoolable Pipes Market Forecast: Breakup by Reinforcement Type (in Million US$), 2023-2028
- Table 4: Global: Spoolable Pipes Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Spoolable Pipes Market Forecast: Breakup by Sales Channel (in Million US$), 2023-2028
- Table 6: Global: Spoolable Pipes Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Spoolable Pipes Market: Competitive Structure
- Table 8: Global: Spoolable Pipes Market: Key Players
