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Global Flexible Pipes Market by Raw Material (High-density Polyethylene, Polyamide, Polyvinylidene Fluoride, and Others) and Application (Onshore and Offshore): Global Opportunity Analysis and Industry Forecast, 2020–2027

A06539
Pages: 186
Jun 2020 | 470 Views
 
Author(s) : Yamini Parihar , Eswara Prasad
Tables: 175
Charts: 52
 

COVID-19

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Flexible Pipes Market Outlook - 2027

The global flexible pipes market size was valued at $0.8 billion in 2019, and is anticipated to generate $1.2 billion by 2027. The market is projected to experience growth at a CAGR of 4.7% from 2020 to 2027.  
A flexible pipe is formed up of several layers, and the major parts are leak-proof thermoplastic barriers and corrosion-resistant steel wires, which provide flexibility and superior dynamic behavior to the structure. Flexible pipes are used to transfer liquids and fluids such as crude oil, and they can operate under high temperature and pressure conditions.

High-density polyethylene (HDPE) tubing is extensively used in transporting water, air, and chemicals. Polyvinylidene fluoride (PVDF) flexible piping exhibits abrasion-resistant property, which helps fluoro-polymer to be widely used in applications requiring chemical resistance with low permeability. PVDF tubing and piping provides enhanced abrasion resistance and both physical as well as mechanical strength with use of many solvents and chemicals.

Flexible-Pipes-Market-2020-2027

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The global flexible pipes market is segmented into raw material, application, and region. Depending on raw material, the market is segregated into high-density polyethylene, polyamide, polyvinylidene fluoride, and others. On the basis of application, it is categorized into onshore and offshore. Region wise, the flexible pipes market analysis is done across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa).

The key players operating in flexible pipes industry include National Oilwell Varco, Inc., Baker Hughes Company, Magma Global Ltd., FlexSteel Pipeline Technologies, Inc., Shawcor Ltd., Pipelife Nederland B.V., Airborne Oil & Gas B.V., Technip FMC Plc., Prysmian Group, and ContiTech AG. The key players have adopted strategies such as partnership and business expansion to sustain the intense competition in the market.

Flexible pipes market, by raw material 

HDPE is a commonly used petroleum thermoplastic for a wide range of applications. It is cost-effective, can withstand temperatures from −148 to 176° Fahrenheit, non-leaching, UV-resistant, and is resistant to most chemical solvents. HDPE dominated the market in 2019, whereas PVDF is expected to grow at highest CAGR, owing to stability of fluoropolymers when exposed to harsh thermal, chemical, and ultraviolet environments while retaining the properties of a conventional thermoplastic material.

Global Flexible Pipes Market
By Raw Material

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PVDF is projected as the most lucrative segment.

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Flexible pipes market, by application

Offshore oil and gas activities are making up nearly 30% of global crude oil production. These are some of the harshest operating environments on the earth. Drilling in waters up to 3,000 meters deep requires equipment that is reliable and safe. Flexible pipes offer the safety owing to their stiffness, thus fostering the growth of the market. Offshore segment dominates the market, however, onshore segment is expected to grow at higher CAGR during the forecast period.

Global Flexible Pipes Market
By Application

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Onshore is projected as the most lucrative segment.

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Flexible pipes market, by region

The flexible pipes market was dominated by North America in 2019, while Asia-Pacific is expected to grow at a higher CAGR, owing to high demand from emerging economies. Asia-Pacific is an emerging region in the flexible pipes market owing to the demand from emerging economies in the region such as China, India, Australia, and South Korea.

Global Flexible Pipes Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific is projected as the most lucrative market.

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Key Benefits For Stakeholders

  • The report provides an in-depth analysis and flexible pipes market forecast along with the current and future trends.

  • This report highlights the key drivers, opportunities, and restraints of the flexible pipes market along with the impact analyses during the forecast period.

  • Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the flexible pipes industry for strategy building.

  • A comprehensive analysis of the factors that drive and restrain the flexible pipes market growth is provided.

  • The qualitative data in this report aims on flexible pipes market trends, dynamics, and developments.

  • The flexible pipes market size is provided in terms of revenue.

  • The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable flexible pipes market share.

Key Market Segments

By Raw Material 

  • High-density Polyethylene
  • Polyamide
  • Polyvinylidene Fluoride
  • Others

By Application

  • Onshore
  • Offshore

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific 
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific 
  • LAMEA
    • Brazil
    • South Africa
    • Saudi Arabia
    • Rest of LAMEA 

Key Players

  • National Oilwell Varco, Inc.
  • Baker Hughes Company
  • Magma Global Ltd.
  • FlexSteel Pipeline Technologies, Inc.
  • Shawcor Ltd.
  • Pipelife Nederland B.V.
  • Airborne Oil & Gas B.V.
  • Technip FMC Plc.
  • Prysmian Group
  • ContiTech AG
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET LANDSCAPE

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets
3.2.2.Porter's five forces analysis

3.3.Value Chain Analysis
3.4.Patent Analysis
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Technological advancements in drilling activities

3.5.2.Restraint

3.5.2.1.Stringent regulation in oil & gas industry

3.5.3.Opportunity

3.5.3.1.Increasing exploration of horizontal wells

3.6.Impact of COVID 19 on Flexible Pipes Market

CHAPTER 4:FLEXIBLE PIPES MARKET, BY RAW MATERIAL

4.1.Overview

4.1.1.Market size and forecast

4.2.High-density polyethylene

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market share analysis, by country

4.3.Polyamide

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market share analysis, by country

4.4.Polyvinylidene fluoride

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market share analysis, by country

4.5.Others

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market share analysis, by country

CHAPTER 5:FLEXIBLE PIPES MARKET, BY APPLICATION

5.1.Overview

5.1.1.Market size and forecast

5.2.Onshore

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market share analysis, by country

5.3.Offshore

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market share analysis, by country

CHAPTER 6:FLEXIBLE PIPES MARKET, BY REGION

6.1.Overview

6.1.1.Market size and forecast

6.2.North America

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by raw material
6.2.3.Market size and forecast, by application
6.2.4.Market share analysis, by country
6.2.5.U.S.

6.2.5.1.Market size and forecast, by Raw material
6.2.5.2.Market size and forecast, by Application

6.2.6.Canada

6.2.6.1.Market size and forecast, by Raw material
6.2.6.2.Market size and forecast, by Application

6.2.7.Mexico

6.2.7.1.Market size and forecast, by Raw material
6.2.7.2.Market size and forecast, by Application

6.3.Europe

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by raw material
6.3.3.Market size and forecast, by Application
6.3.4.Market share analysis, by country
6.3.5.Germany

6.3.5.1.Market size and forecast, by Raw material
6.3.5.2.Market size and forecast, by Application

6.3.6.France

6.3.6.1.Market size and forecast, by raw material
6.3.6.2.Market size and forecast, by Application

6.3.7.UK

6.3.7.1.Market size and forecast, by Raw material
6.3.7.2.Market size and forecast, by Application

6.3.8.Italy

6.3.8.1.Market size and forecast, by Raw material
6.3.8.2.Market size and forecast, by Application

6.3.9.Spain

6.3.9.1.Market size and forecast, by Raw material
6.3.9.2.Market size and forecast, by Application

6.3.10.Rest of Europe

6.3.10.1.Market size and forecast, by Raw material
6.3.10.2.Market size and forecast, by Application

6.4.Asia-Pacific

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by raw material
6.4.3.Market size and forecast, by Application
6.4.4.Market share analysis, by country
6.4.5.China

6.4.5.1.Market size and forecast, by Raw material
6.4.5.2.Market size and forecast, by Application

6.4.6.Japan

6.4.6.1.Market size and forecast, by Raw material
6.4.6.2.Market size and forecast, by Application

6.4.7.India

6.4.7.1.Market size and forecast, by Raw material
6.4.7.2.Market size and forecast, by Application

6.4.8.Australia

6.4.8.1.Market size and forecast, by Raw material
6.4.8.2.Market size and forecast, by Application

6.4.9.South Korea

6.4.9.1.Market size and forecast, by Raw material
6.4.9.2.Market size and forecast, by Application

6.4.10.Rest of Asia-Pacific

6.4.10.1.Market size and forecast, by Raw material
6.4.10.2.Market size and forecast, by Application

6.5.LAMEA

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by raw material
6.5.3.Market size and forecast, by Application
6.5.4.Market share analysis, by country
6.5.5.Brazil

6.5.5.1.Market size and forecast, by Raw material
6.5.5.2.Market size and forecast, by Application

6.5.6.Saudi Arabia

6.5.6.1.Market size and forecast, by Raw material
6.5.6.2.Market size and forecast, by Application

6.5.7.South Africa

6.5.7.1.Market size and forecast, by Raw material
6.5.7.2.Market size and forecast, by Application

6.5.8.Rest of LAMEA

6.5.8.1.Market size and forecast, by Raw material
6.5.8.2.Market size and forecast, by Application

CHAPTER 7:COMPANY PROFILES:

7.1.National Oilwell Varco, Inc.

7.1.1.Company overview
7.1.2.Company snapshot
7.1.3.Product portfolio
7.1.4.Business performance

7.2.Baker Hughes Company

7.2.1.Company overview
7.2.2.Company snapshot
7.2.3.Operating business segments
7.2.4.Product portfolio
7.2.5.Business performance

7.3.Magma Global Ltd.

7.3.1.Company overview
7.3.2.Company snapshot
7.3.3.Product portfolio

7.4.FlexSteel Pipeline Technologies, Inc.

7.4.1.Company overview
7.4.2.Company snapshot
7.4.3.Product portfolio

7.5.Shawcor Ltd.

7.5.1.Company overview
7.5.2.Company snapshot
7.5.3.Operating business segments
7.5.4.Product portfolio
7.5.5.Business performance

7.6.Pipelife Nederland B.V.

7.6.1.Company overview
7.6.2.Company snapshot
7.6.3.Product portfolio

7.7.Airborne Oil & Gas

7.7.1.Company overview
7.7.2.Company snapshot
7.7.3.Product portfolio

7.8.TechnipFMC plc

7.8.1.Company overview
7.8.2.Company snapshot
7.8.3.Product portfolio
7.8.4.Business Performance

7.9.Prysmian Group

7.9.1.Company overview
7.9.2.Company snapshot
7.9.3.Operating business segments
7.9.4.Product portfolio
7.9.5.Business performance

7.10.ContiTech AG

7.10.1.Company overview
7.10.2.Company snapshot
7.10.3.Product portfolio

LIST OF TABLES

TABLE 01.GLOBAL FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 02.FLEXIBLE PIPES MARKET FOR HIGH-DENSITY POLYETHYLENE, BY REGION, 2019–2027 ($MILLION)
TABLE 03.FLEXIBLE PIPES MARKET FOR POLYAMIDE, BY REGION, 2019–2027 ($MILLION)
TABLE 04.FLEXIBLE PIPES MARKET FOR POLYVINYLIDENE FLUORIDE, BY REGION, 2019–2027 ($MILLION)
TABLE 05.FLEXIBLE PIPES MARKET FOR OTHERS, BY REGION, 2019–2027 ($MILLION)
TABLE 06.GLOBAL FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 07.FLEXIBLE PIPES MARKET FOR ONSHORE, BY REGION, 2019–2027 ($MILLION)
TABLE 08.FLEXIBLE PIPES MARKET FOR OFFSHORE, BY REGION, 2019–2027 ($MILLION)
TABLE 09.FLEXIBLE PIPES MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 10.NORTH AMERICA FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 11.NORTH AMERICA FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 12.NORTH AMERICA FLEXIBLE PIPES MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 13.U.S. FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 14.U.S. FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 15.CANADA FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 16.CANADA FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 17.MEXICO FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 18.MEXICO FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 19.EUROPE FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 20.EUROPE FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 21.EUROPE FLEXIBLE PIPES MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 22.GERMANY FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 23.GERMANY FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 24.FRANCE FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 25.FRANCE FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 26.UK FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 27.UK FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 28.ITALY FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 29.ITALY FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 30.SPAIN FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 31.SPAIN FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 32.REST OF EUROPE FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 33.REST OF EUROPE FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 34.ASIA-PACIFIC FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 35.ASIA-PACIFIC FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 36.ASIA-PACIFIC FLEXIBLE PIPES MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 37.CHINA FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 38.CHINA FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 39.JAPAN FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 40.JAPAN FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 41.INDIA FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 42.INDIA FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 43.AUSTRALIA FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 44.AUSTRALIA FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 45.SOUTH KOREA FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 46.SOUTH KOREA FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 47.REST OF ASIA-PACIFIC FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 48.REST OF ASIA-PACIFIC FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 49.LAMEA FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 50.LAMEA FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 51.LAMEA FLEXIBLE PIPES MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 52.BRAZIL FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 53.BRAZIL FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 54.SAUDI ARABIA FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 55.SAUDI ARABIA FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 56.SOUTH AFRICA FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 57.SOUTH AFRICA FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 58.REST OF LAMEA FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 59.REST OF LAMEA FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 60.NATIONAL OILWELL: COMPANY SNAPSHOT
TABLE 61.NATIONAL OILWELL: PRODUCT PORTFOLIO
TABLE 62.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 63.BAKER HUGHES: COMPANY SNAPSHOT
TABLE 64.BAKER HUGHES: OPERATING SEGMENTS
TABLE 65.BAKER HUGHES: PRODUCT PORTFOLIO
TABLE 66.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 67.MAGMA: COMPANY SNAPSHOT
TABLE 68.MAGMA: PRODUCT PORTFOLIO
TABLE 69.FLEXISTEEL: COMPANY SNAPSHOT
TABLE 70.FLEXISTEEL: PRODUCT PORTFOLIO
TABLE 71.SHAWCOR: COMPANY SNAPSHOT
TABLE 72.SHAWCOR: OPERATING SEGMENTS
TABLE 73.SHAWCOR: PRODUCT PORTFOLIO
TABLE 74.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 75.PIPELIFE: COMPANY SNAPSHOT
TABLE 76.PIPELIFE: PRODUCT PORTFOLIO
TABLE 77.AIRBORNE: COMPANY SNAPSHOT
TABLE 78.AIRBORNE: PRODUCT PORTFOLIO
TABLE 79.TECHNIPFMC: COMPANY SNAPSHOT
TABLE 80.TECHNIPFMC: PRODUCT PORTFOLIO
TABLE 81.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 82.PRYSMIAN: COMPANY SNAPSHOT
TABLE 83.PRYSMIAN: OPERATING SEGMENTS
TABLE 84.PRYSMIAN: PRODUCT PORTFOLIO
TABLE 85.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 86.CONTITECH: COMPANY SNAPSHOT
TABLE 87.CONTITECH: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENT
FIGURE 03.EXECUTIVE SUMMARY, BY COUNTRY
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 06.MODERATE THREAT OF NEW ENTRANTS
FIGURE 07.MODERATE THREAT OF SUBSTITUTES
FIGURE 08.HIGH INTENSITY OF RIVALRY
FIGURE 09.HIGH BARGAINING POWER OF BUYERS
FIGURE 10.VALUE CHAIN ANALYSIS FOR FLEXIBLE PIPES
FIGURE 11.PATENT ANALYSIS FOR FLEXIBLE PIPES
FIGURE 12.FLEXIBLE PIPES MARKET DYNAMICS
FIGURE 13.GLOBAL FLEXIBLE PIPES MARKET, BY RAW MATERIAL, 2019–2027 ($MILILION)
FIGURE 14.COMPARATIVE ANALYSIS OF FLEXIBLE PIPES MARKET FOR HIGH-DENSITY POLYETHYLENE, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 15.COMPARATIVE ANALYSIS OF FLEXIBLE PIPES MARKET FOR POLYAMIDE, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 16.COMPARATIVE ANALYSIS OF FLEXIBLE PIPES MARKET FOR POLYVINYLIDENE FLUORIDE, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 17.COMPARATIVE ANALYSIS OF FLEXIBLE PIPES MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 18.GLOBAL FLEXIBLE PIPES MARKET, BY APPLICATION, 2019–2027 ($MILILION)
FIGURE 19.COMPARATIVE ANALYSIS OF FLEXIBLE PIPES MARKET FOR ONSHORE, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 20.COMPARATIVE ANALYSIS OF FLEXIBLE PIPES MARKET FOR OFFSHORE, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 21.U.S. FLEXIBLE PIPES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 22.CANADA FLEXIBLE PIPES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 23.MEXICO FLEXIBLE PIPES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 24.GERMANY FLEXIBLE PIPES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 25.FRANCE FLEXIBLE PIPES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 26.UK FLEXIBLE PIPES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 27.ITALY FLEXIBLE PIPES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 28.SPAIN FLEXIBLE PIPES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 29.REST OF EUROPE FLEXIBLE PIPES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 30.CHINA FLEXIBLE PIPES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 31.JAPAN FLEXIBLE PIPES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 32.INDIA FLEXIBLE PIPES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 33.AUSTRALIA FLEXIBLE PIPES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 34.SOUTH KOREA FLEXIBLE PIPES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 35.REST OF ASIA-PACIFIC FLEXIBLE PIPES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 36.BRAZIL FLEXIBLE PIPES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 37.SAUDI ARABIA FLEXIBLE PIPES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 38.SOUTH AFRICA FLEXIBLE PIPES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 39.REST OF LAMEA FLEXIBLE PIPES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 40.NATIONAL OILWELL: NET SALES, 2017–2019 ($MILLION)
FIGURE 41.NATIONAL OILWELL: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 42.BAKER HUGHES: NET SALES, 2017–2019 ($MILLION)
FIGURE 43.BAKER HUGHES: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 44.BAKER HUGHES: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 45.SHAWCOR: NET SALES, 2017–2019 ($MILLION)
FIGURE 46.SHAWCOR: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 47.SHAWCOR: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 48.TECHNIPFMC: NET SALES, 2017–2019 ($MILLION)
FIGURE 49.TECHNIPFMC: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 50.PRYSMIAN: REVENUE, 2017–2019 ($MILLION)181
FIGURE 51.PRYSMIAN: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 52.PRYSMIAN: REVENUE SHARE BY REGION, 2018 (%)


 

 
 

Flexible pipe is used for conveying liquids and fluids, such as crude oil. They operate under high pressure and temperature conditions. The growth of global flexible pipe market is driven by technological advancements in drilling processes, which have led to the development of the oil & gas industry. In addition, the use of flexible pipes has facilitated access for extremely remote locations such as deep water. However, stringent rules & regulations regarding use of plastics and certain grades of plastics hampers the flexible pipes market growth in oil & gas industry. On the contrary, increase in horizontal exploration activities is expected to offer lucrative opportunity for the market growth during the forecast period. North America dominates the market share, followed by Asia-Pacific. Owing to demand for flexible pipes from the U.S. and several other emerging economies such as China, India, and Brazil, the market is expected to witness moderate rate during the forecast period. However, the impact of COVID 19 has disrupted the global economy by halting the onshore and offshore activities. It is anticipated that once the operational activities resume, the recovery will take around 8–10 months. 

 

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FREQUENTLY ASKED QUESTIONS?
 

A. In terms of revenue growth, the CAGR of the global flexible pipes market is 4.7% by 2027.

A. Increasing exploration of horizontal walls is the key trend in the flexible pipes market.

A. The potential customers of the flexible pipes market are exploration, drilling, refining, conversion/processing, storage, transmission & distribution and offshore applications.

A. On the basis of raw material, high density polyethylene pipes will drive the flexible pipes market growth during the forecast period. On the basis of application, offshore segment will drive the growth of the flexible pipes market.

A. The applications of the flexible pipes market are onshore and offshore applications.

A. Top players in the flexible pipes market are National Oilwell Varco, Inc., Baker Hughes Company, Magma Global Ltd., FlexSteel Pipeline Technologies, Inc., Shawcor Ltd., Pipelife Nederland B.V., Airborne Oil & Gas B.V., Technip FMC Plc., Prysmian Group, and ContiTech AG.

A. In terms of revenue, the market size of flexible pipes market is anticipated to reach $1.2 billion by 2027, growing at CAGR of 4.7% from 2020 to 2027.

A. Asia-Pacific will provide business opportunities for flexible pipes market during the forecast period. This is attributed to the huge consumer base, increase in high demand from emerging economies. Asia-Pacific is an emerging region in the flexible pipes market owing to the demand from emerging economies in the region such as China, India, Australia, and South Korea.

 

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