Flexible Pipe Market – Global Industry Analysis and Forecast (2023-2029)

Flexible Pipe Market is expected to reach US$ 1.36 Bn. by 2029, at a CAGR of 4.9% during the forecast period.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters.Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments.The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To know about the Research Methodology :- Request Free Sample Report

Flexible pipes are used to transfer fluids and liquids and can operate under high temperature and pressure conditions.

Flexible pipes offers superior durability because of its long-term mechanical properties hence widely used in markets such as factory machinery tools, packaging and automation. Exploration of oil & gas reserves and drilling activities. Development of technologies concerned to the exploration of reserves and oil production is expected to drive the growth of the flexible pipe market.

HDPE, PA, PP, PVDF and others are segments of flexible pipe market based on raw material. Polypropylene pipes are durable and has heat resistant properties,  are ideal for the transfer of gases or hot liquids or where higher pressure and temperature, usually suggested for vacuum systems, (PP) polypropylene plastic piping also has good resistance properties  to alkalies hence PP flexible pipes id leading the market followed by HDPE.

Geographically, the flexible pipe market has been segmented into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. North America is expected to be one of the largest markets for flexible pipe during the forecast period. Middle East & Africa is expected to grow at a high CAGR during the forecast period due to expansion of the oil & gas industry.

The objective of the report is to present comprehensive analysis of Flexible Pipe market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

The report also helps in understanding Flexible Pipe market dynamics, structure by analyzing the market segments, and project the Flexible Pipe market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Flexible Pipe market make the report investor’s guide.
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Flexible Pipe Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 0.97 Bn.


Forecast Period 2023 to 2029 CAGR:
4.9%
Market Size in 2029:
US $ 1.36 Bn.


 Segments Covered:
by Raw Material
PA
HDPE
PVDF
PP
Others


by Application
Onshore
Offshore



Flexible Pipe Market, by Region:
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Flexible Pipe Market Key Players are:
1. Evonik Industries (Germany)
2. Chevron Phillips Chemical Company (U.S.)
3. Solvay S.A. (Belgium)
4. Technip Inc. (France)
5. National Oilwell Varco, Inc. (U.S.)
6. Prysmian Group (Italy)
7. Shawcor Ltd. (Canada)
8. GE Oil & Gas Corporation (U.K.)
9. Pipelife Nederland B.V. (Netherlands)
10.Magma Global Ltd. (U.K.)
11.Airborne Oil & Gas B.V. (Netherlands)
12.ContiTech AG (Germany)

Frequently Asked Questions:

1. Which region has the largest share in Global Flexible Pipe Market?
Ans: North America region held the highest share in 2022.

2. What is the growth rate of Global Flexible Pipe Market?
Ans: The Global Flexible Pipe Market is growing at a CAGR of 4.9% during forecasting period 2023-2029.

3. What is scope of the Global Flexible Pipe market report?
Ans: Global Flexible Pipe Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Flexible Pipe market?
Ans: The important key players in the Global Flexible Pipe Market are – Evonik Industries (Germany), Chevron Phillips Chemical Company (U.S.), Solvay S.A. (Belgium), Technip Inc. (France), National Oilwell Varco, Inc. (U.S.), Prysmian Group (Italy), Shawcor Ltd. (Canada), GE Oil & Gas Corporation (U.K.), Pipelife Nederland B.V. (Netherlands), Magma Global Ltd. (U.K.), Airborne Oil & Gas B.V. (Netherlands), and ContiTech AG (Germany)

5. What is the study period of this market?
Ans: The Global Flexible Pipe Market is studied from 2022 to 2029.