PUBLISHER: Lucintel | PRODUCT CODE: 1448491
PUBLISHER: Lucintel | PRODUCT CODE: 1448491
Flexible Pipe Market Trends and Forecast
The future of the global flexible pipe market looks promising with opportunities in offshore and onshore applications. The global flexible pipe market is expected to reach an estimated $2.3 billion by 2030 with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are increasing oil & gas exploration activities, rise in demand for non-corrosive pipes, and acceptance of engineering-grade flexible materials.
Emerging Trends in the Flexible Pipe Market
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing use of hybrid flexible pipes and polyvinylidene fluoride in flexible pipes.
A total of 98 figures / charts and 80 tables are provided in this 178-page report to help in your business decisions. Sample figures with some insights are shown below.
Flexible Pipe Market by Segments
In this market, high-density polyethylene is the largest raw material market, whereas offshore is largest market by application. Growth in various segments of the flexible pipe market is given below:
The study includes a trend and forecast for the flexible pipe market by type, raw material, application, and region as follows:
List of Flexible Pipe 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 Flexible pipe companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the flexible pipe companies profiled in this report include.
Flexible Pipe Market Insights
Features of the Flexible Pipe Market
FAQ
Q1. What is the flexible pipe market size?
Answer:The global flexible pipe market is expected to reach an estimated $2.3 billion by 2030.
Q2. What is the growth forecast for flexible pipe market?
Answer:The flexible pipe market is expected to grow at a CAGR of 4.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the flexible pipe market?
Answer: The major drivers for this market are increasing oil & gas exploration activities, rise in demand for non-corrosive pipes, and acceptance of engineering-grade flexible materials.
Q4. What are the major applications or end use industries for flexible pipe?
Answer:Offshore and onshore are the major applications for flexible pipe
Q5. What are the emerging trends in flexible pipe market?
Answer:Emerging trends, which have a direct impact on the dynamics of the industry, include increasing use of hybrid flexible pipes and polyvinylidene fluoride in flexible pipes.
Q6. Who are the key flexible pipe companies?
Answer:Some of the key flexible pipe companies are as follows:
Q7.Which flexible pipe raw material segment will be the largest in future?
Answer: Lucintel forecasts that high-density polyethylene are expected to remain the largest segment due to its low cost and easy applicability.
Q8: In flexible pipe market, which region is expected to be the largest in next 5 years?
Answer:North America will remain the largest region in next 5 years.
Q9. Do we receive customization in this report?
Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.