PUBLISHER: Lucintel | PRODUCT CODE: 1153989
PUBLISHER: Lucintel | PRODUCT CODE: 1153989
Composites in the Global Oil and Gas Industry Market Trends and Forecast
The future of the Composites in Oil and Gas market looks promising with opportunities pipes, tanks, pultruded products, frac plugs and frac balls end used. The Composites in the global oil and gas is expected to reach an estimated $2.0 billion and CAGR 5.5% 2021 to 2027. The major drivers of growth for this market are increasing oil and gas drilling and exploration activities in future.
Emerging Trends in Composites in the Global Oil and Gas Industry
Emerging trends, which have a direct impact on the dynamics of the industry, are the emergence of introduction of carbon fiber for composites application in the oil and gas industry, on-site construction of FRP pipes to any length and diameter, and increasing demand for high temperature and pressure RTPs.
A total of 98 figures / charts and 62 tables are provided in this 194-page report to help in your business decisions. Learn the scope of benefits, companies researched, and other details of the global composites in oil and gas industry report.
Composites in the Global Oil and Gas Industry by Segment
Composites in the Global Oil and Gas Industry by End Use [Value ($M) and Volume (M lbs) shipment analysis for 2016 - 2027]:
Composites in the Global Oil and Gas Industry by Resin Type [Value ($M) and Volume (M lbs) shipment analysis for 2016 - 2027]
Composites in the Global Oil and Gas Industry by Region [Value ($M) and Volume (M lbs) shipment analysis for 2016 - 2027]:
List of Composites in the Global Oil and Gas Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies composites in the global oil and gas companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the composites in the global oil and gas companies profiled in this report include.
Composites in the Global Oil and Gas Industry Insight
Composites in the Global Oil and Gas Industry
FAQ
Q1. What is the composite in the global oil and gas industry size?
Answer: The composites in the global oil and gas industry is expected to reach an estimated to $2.0 billion by 2027.
Q2. What is the growth forecast for composites in the global oil and gas industry?
Answer: The composite in the global oil and gas industry is expected to grow at a CAGR of 5.5% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the composites in the global oil and gas industry?
Answer: The major drivers of growth for this market are increasing oil and gas drilling and exploration activities in future.
Q4. What are the major applications or end use industries composites in the global oil and gas?
Answer: Pipes and tanks are the major end uses for composites in the global oiland gas industry.
Q5. What are the emerging trends of composites in the global oil and gas industry?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, are the emergence of introduction of carbon fiber for composites application in the oil and gas industry, on-site construction of FRP pipes to any length and diameter, and increasing demand for high temperature and pressure RTPs.
Q6. Who are the composites in the global oil and gas companies?
Answer: Some of the key composites in the global oil and gas companies are as follows:
Q7. Which composite in oil and gas resin type segment will be the largest in future?
Answer: Lucintel forecasts that epoxy composite resin type composites in the global oil and gas will remain the largest segment.
Q8 : In composite in oil and gas, which region is expected to be the largest in next 5 years?
Answer: North America is expected to remain the largest region and witness the highest growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.