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Spoolable Pipes Market by Matrix Type (Thermoplastic and Thermoset), Reinforcement Type (Fiber Reinforced, Steel Reinforced, and Hybrid), Diameter (Small and Large), Application (Onshore (Production Gathering Lines, Water Injection Lines, and Others), Offshore (Injection Strings, Velocity Strings, and Others), Downhole, Mining, and Water Distribution), and Sales Channel (Direct Sales and Distribution) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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MA_172524
Pages: 172
Nov 2017 | 2693 Views
 
Author's : Yash Doshi
Tables: 77
Charts: 38
 

Spoolable Pipes Market Overview:

Spoolable Pipes Market is expected to reach $2,107 million by 2023, from $1,345 million in 2016, registering a CAGR of 6.7% from 2017 to 2023. Spoolable pipes provide excellent resistance against corrosion, temperature, pressure, chemicals, and impact.

These properties have increased the applicability spoolable pipes across various end-user industries such as offshore, onshore oil & gas, waste water treatment, mining among others. Growth in production of crude oil and natural gas, owing to the rise in energy consumption globally, boosts the consumption of spoolable pipes. The cost-effectiveness of these pipes as compared to conventional piping systems, in terms of manpower required, and energy consumed for installation purpose drive the market demand.

High corrosion and fatigue resistance make it co-terminus with the production cycles of oil fields, proving it to be a better alternative to steel pipes. Moreover, increase in application areas of spoolable pipes, such as in waste water treatment, water distribution, and mining may have a positive impact on the market growth.

The report on global spoolable pipes market focuses on matrix type, reinforcement type, application, sales channel, and geography. The matrix segment includes thermoplastics and thermosets. Based on reinforcement, the market is divided into fiber reinforcement, steel reinforcement, and others. The application segment consists of onshore, offshore, downhole, and others. On the basis of sales channel, the market is bifurcated into direct and indirect. The report analyzes the market trends in different geographies, which include North America, Europe, Asia-Pacific, and LAMEA.

In 2016, LAMEA was the highest revenue contributor to the global market, accounting for approximately two-fifths share, and is expected to maintain its dominance during the forecast period. New oil & gas transportation infrastructure development, particularly in Turkey, Egypt, and Colombia, is anticipated to drive the spoolable pipes market in LAMEA region.

Global Spoolable Pipes Market Share: by Geography

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Top Investment Pockets

Onshore application is the most lucrative segment for spoolable pipes market, which is expected to grow at the highest CAGR of 7.1% from 2017 to 2023. The share of global oil & gas production from onshore production facilities is higher than offshore production. However, offshore application segment is the second most attractive segment, growing at a significant CAGR of 6.9%.

Segment Review

In 2016, the thermoplastics matrix segment accounted for the highest revenue and is expected to be register highest CAGR of 6.8%. Thermoplastic resins can be reprocessed & recycled, as no crosslinking occurs and they can be reshaped, reheated, and frozen, repeatedly. Characteristics of thermoplastics, such as high strength, UV resistance, hardness, self-lubrication, durability, waterproofing, and toughness, make it ideal for industrial use.

Global Spoolable Pipes Market Share: by Matrix Type

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Global Spoolable Pipes Market Share: by Application

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LAMEA Review

Middle East is one of the largest producers of crude oil. The region requires pipes for safe transportation of oil, wherein traditional steel pipes lines are being replaced by thermoplastic spoolable pipes. In 2016, National Oilwell Varco, Inc., a leading manufacturer and provider of oilfield equipment and technology, expanded its composite pipes business with new composite pipe manufacturing facility in Saudi Arabia. This is expected to boost the market growth in the Middle East region. The region is expected to grow at a significant CAGR of 7.1% from 2017 to 2023.

The key players operating in the global spoolable pipes market are Airborne Oil & Gas B.V., Changchun Gaoxiang Special Pipes Co., Ltd., Flexpipe Inc., FlexSteel Pipeline Technologies, Inc., Future Pipe Industries (L.L.C.), Magma Global Limited, National Oilwell Varco, Inc., Pipelife International GmbH, Polyflow LLC, and Smartpipe Technologies.

Other players operating in this market are MXROS Inc., Victrex PLC, DeepFlex Inc., Wavin B.V., IAF Marketing & Vertriebs GmbH, 911 Equipment, Anticorrosive Protective Systems LLC, and H.A.T. Flex.

Key Benefits

  • The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global spoolable pipes market to elucidate the prevailing opportunities and tap the investment pockets.
  • It offers qualitative trends and quantitative analysis of the global market from 2016 to 2023 to assist stakeholders to understand the market scenario.
  • In-depth analysis of the key segments demonstrates the matrix, reinforcement, and its application.
  • Competitive intelligence of the industry highlights the business practices followed by key players across geographies as well as the prevailing market opportunities.
  • Key players are profiled to understand the competitive outlook of the market.

Spoolable Pipes Market Key Segmentation:

By Matrix Type

  • Thermoplastics
  • Thermosets

By Reinforcement Type

  • Fiber Reinforcement
  • Steel Reinforcement
  • Others

By Application

  • Onshore
    • Production Gathering Lines
    • Injection Lines
    • Others
  • Offshore
    • Subsea Flowlines
    • Jumpers
    • Choke & Kill Lines
    • Others
  • Downhole
    • Directional Drilling
    • Well Intervention
    • Others
  • Others

By Sales Channel

  • Direct
  • Indirect

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Turkey
    • Norway
    • Germany
    • UK
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Indonesia
    • Thailand
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION

1.1.1. Key benefits for stakeholders
1.1.2. Key market segments

1.2. RESEARCH METHODOLOGY

1.2.1. Secondary research
1.2.2. Primary research
1.2.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. KEY FINDINGS OF THE STUDY
2.2. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. PORTER'S FIVE FORCES ANALYSIS

3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of new entrants
3.3.4. Threat of substitutes
3.3.5. Competitive rivalry

3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.1.1. Superior properties of spoolable pipes as compared to conventional ones
3.4.1.2. Rise in production of oil & gas

3.4.2. Restraints

3.4.2.1. High entry barriers

3.4.3. Opportunities

3.4.3.1. Discovery of new offshore oil & gas fields.

Chapter: 4 SPOOLABLE PIPES MARKET, BY MATRIX TYPE

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. THERMOPLASTICS

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast

4.3. THERMOSET

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast

Chapter: 5 SPOOLABLE PIPES MARKET, BY REINFORCEMENT TYPE

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. FIBER REINFORCED

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast

5.3. STEEL REINFORCED

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast

5.4. OTHERS

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast

Chapter: 6 SPOOLABLE PIPES MARKET, BY APPLICATION

6.1. INTRODUCTION

6.1.1. Market size and forecast

6.2. OFFSHORE

6.2.1. Subsea flowlines
6.2.2. Jumpers
6.2.3. Choke & kill lines
6.2.4. Others
6.2.5. Key market trends, growth factors, and opportunities
6.2.6. Market size and forecast

6.3. ONSHORE

6.3.1. Production gathering lines
6.3.2. Injection lines
6.3.3. Others
6.3.4. Key market trends, growth factors, and opportunities
6.3.5. Market size and forecast

6.4. DOWNHOLE

6.4.1. Directional drilling
6.4.2. Well intervention
6.4.3. Others
6.4.4. Key market trends, growth factors, and opportunities
6.4.5. Market size and forecast

6.5. OTHERS

6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast

Chapter: 7 SPOOLABLE PIPES MARKET, BY SALES CHANNEL

7.1. INTRODUCTION

7.1.1. Market size and forecast

7.2. DIRECT

7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast

7.3. INDIRECT

7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast

Chapter: 8 SPOOLABLE PIPES MARKET, BY GEOGRAPHY

8.1. INTRODUCTION

8.1.1. Market size and forecast

8.2. NORTH AMERICA

8.2.1. Key market trends, growth factors, and opportunities
8.2.2. Market size and forecast
8.2.3. U.S.
8.2.4. Market size and forecast, by Application
8.2.5. Canada
8.2.6. Market size and forecast, by Application
8.2.7. Mexico
8.2.8. Market size and forecast, by Application

8.3. EUROPE

8.3.1. Key market trends, growth factors, and opportunities
8.3.2. Market size and forecast
8.3.3. Turkey
8.3.4. Market size and forecast, by Application
8.3.5. Norway
8.3.6. Market size and forecast, by Application
8.3.7. Germany
8.3.8. Market size and forecast, by Application
8.3.9. UK
8.3.10. Market size and forecast, by Application
8.3.11. Rest of Europe
8.3.12. Market size and forecast, by Application

8.4. ASIA-PACIFIC

8.4.1. Key market trends, growth factors, and opportunities
8.4.2. Market size and forecast
8.4.3. India
8.4.4. Market size and forecast, by Application
8.4.5. China
8.4.6. Market size and forecast, by Application
8.4.7. Indonesia
8.4.8. Market size and forecast, by Application
8.4.9. Thailand
8.4.10. Market size and forecast, by Application
8.4.11. Rest of Asia-Pacific
8.4.12. Market size and forecast, by Application

8.5. LAMEA

8.5.1. Key market trends, growth factors, and opportunities
8.5.2. Market size and forecast
8.5.3. Latin America
8.5.4. Market size and forecast, by Application
8.5.5. Middle East
8.5.6. Market size and forecast, by Application
8.5.7. Africa
8.5.8. Market size and forecast

Chapter: 9 COMPANY PROFILES

9.1. AIRBORNE OIL & GAS B.V.

9.1.1. Company overview
9.1.2. Company snapshot
9.1.3. Product portfolio
9.1.4. Key strategic moves and developments

9.2. CHANGCHUN GAOXIANG SPECIAL PIPES CO., LTD

9.2.1. Company overview
9.2.2. Company snapshot
9.2.3. Product portfolio

9.3. FLEXPIPE INC.

9.3.1. Company overview
9.3.2. Company snapshot
9.3.3. Operating business segments
9.3.4. Product portfolio

9.4. FLEXSTEEL PIPELINE TECHNOLOGIES, INC.

9.4.1. Company overview
9.4.2. Company snapshot
9.4.3. Product portfolio

9.5. FUTURE PIPE INDUSTRIES (L.L.C.)

9.5.1. Company overview
9.5.2. Company snapshot
9.5.3. Product portfolio

9.6. MAGMA GLOBAL LIMITED

9.6.1. Company overview
9.6.2. Company snapshot
9.6.3. Product portfolio
9.6.4. Key strategic moves and developments

9.7. NATIONAL OILWELL VARCO, INC.

9.7.1. Company overview
9.7.2. Company snapshot
9.7.3. Operating business segments
9.7.4. Product portfolio
9.7.5. Business performance
9.7.6. Key strategic moves and developments

9.8. PIPELIFE INTERNATIONAL GMBH

9.8.1. Company overview
9.8.2. Company snapshot
9.8.3. Operating business segments
9.8.4. Product portfolio
9.8.5. Business performance

9.9. POLYFLOW LLC.

9.9.1. Company overview
9.9.2. Company snapshot
9.9.3. Product portfolio

9.10. SMARTPIPE TECHNOLOGIES

9.10.1. Company overview
9.10.2. Company snapshot
9.10.3. Product portfolio

List of Tables

TABLE 1. GLOBAL SPOOLABLE PIPES MARKET REVENUE, BY MATRIX TYPE, 2015-2023 ($MILLION)
TABLE 2. THERMOPLASTIC SPOOLABLE PIPES MARKET REVENUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 3. THERMOSET SPOOLABLE PIPES MARKET REVENUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 4. GLOBAL SPOOLABLE PIPES MARKET REVENUE, BY REINFORCEMENT TYPE, 2015-2023 ($MILLION)
TABLE 5. FIBER REINFORCED SPOOLABLE PIPES MARKET REVENUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 6. STEEL REINFORCED SPOOLABLE PIPES MARKET REVENUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 7. OTHER SPOOLABLE PIPES MARKET REVENUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 8. SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023($MILLION)
TABLE 9. GLOBAL SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION OF OFFSHORE, 2015-2023 ($MILLION)
TABLE 10. GLOBAL SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION OF ONSHORE, 2015-2023 ($MILLION)
TABLE 11. GLOBAL SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION OF DOWNHOLE, 2015-2023 ($MILLION)
TABLE 12. SPOOLABLE PIPES MARKET FOR OFFSHORE REVENUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 13. SPOOLABLE PIPES FOR ONSHORE MARKET REVENUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 14. SPOOLABLE PIPES FOR DOWNHOLE MARKET REVENUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 15. SPOOLABLE PIPES FOR OTHERS MARKET REVENUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 16. SPOOLABLE PIPES MARKET REVENUE, BY SALES CHANNEL, 2015-2023($MILLION)
TABLE 17. DIRECT SALES OF SPOOLABLE PIPES MARKET REVENUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 18. INDIRECT SALES OF SPOOLABLE PIPES MARKET REVENUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 19. SPOOLABLE PIPES MARKET REVENUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 20. NORTH AMERICA SPOOLABLE PIPES MARKET REVENUE, BY MATRIX TYPE, 2015-2023 ($MILLION)
TABLE 21. NORTH AMERICA SPOOLABLE PIPES MARKET REVENUE, BY REINFORCEMENT TYPE, 2015-2023 ($MILLION)
TABLE 22. NORTH AMERICA SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 23. NORTH AMERICA SPOOLABLE PIPES MARKET REVENUE, BY SALES CHANNEL, 2015-2023 ($MILLION)
TABLE 24. NORTH AMERICA SPOOLABLE PIPES MARKET REVENUE, BY COUNTRY 2015-2023 ($MILLION)
TABLE 25. U.S. SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 26. CANADA SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 27. MEXICO SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 28. EUROPE SPOOLABLE PIPES MARKET REVENUE, BY MATRIX, 2015-2023 ($MILLION)
TABLE 29. EUROPE SPOOLABLE PIPES MARKET REVENUE, BY REINFORCEMENT, 2015-2023 ($MILLION)
TABLE 30. EUROPE SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 31. EUROPE SPOOLABLE PIPES MARKET REVENUE, BY SALES CHANNEL, 2015-2023 ($MILLION)
TABLE 32. EUROPE SPOOLABLE PIPES MARKET REVENUE, BY COUNTRY 2015-2023 ($MILLION)
TABLE 33. TURKEY SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 34. NORWAY SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 35. GERMANY SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 36. UK SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 37. REST OF EUROPE SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 38. ASIA-PACIFIC SPOOLABLE PIPES MARKET REVENUE, BY MATRIX, 2015-2023 ($MILLION)
TABLE 39. ASIA-PACIFIC SPOOLABLE PIPES MARKET REVENUE, BY REINFORCEMENT, 2015-2023 ($MILLION)
TABLE 40. ASIA-PACIFIC SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 41. ASIA-PACIFIC SPOOLABLE PIPES MARKET REVENUE, BY SALES CHANNEL, 2015-2023 ($MILLION)
TABLE 42. ASIA-PACIFIC SPOOLABLE PIPES MARKET REVENUE, BY COUNTRY 2015-2023 ($MILLION)
TABLE 43. INDIA SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 44. CHINA SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 45. INDONESIA SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 46. THAILAND SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 47. REST OF ASIA-PACIFIC SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 48. LAMEA SPOOLABLE PIPES MARKET REVENUE, BY MATRIX, 2015-2023 ($MILLION)
TABLE 49. LAMEA SPOOLABLE PIPES MARKET REVENUE, BY REINFORCEMENT, 2015-2023 ($MILLION)
TABLE 50. LAMEA SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 51. LAMEA SPOOLABLE PIPES MARKET REVENUE, BY SALES CHANNEL, 2015-2023 ($MILLION)
TABLE 52. LAMEA SPOOLABLE PIPES MARKET REVENUE, BY COUNTRY 2015-2023 ($MILLION)
TABLE 53. LATIN AMERICA SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 54. MIDDLE EAST SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 55. AFRICA SPOOLABLE PIPES MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 56. AIRBORNE OIL & GAS: COMPANY SNAPSHOT
TABLE 57. AIRBORNE OIL & GAS: PRODUCT PORTFOLIO
TABLE 58. CHANGCHUN GAOXIANG SPECIAL PIPES CO., LTD.: COMPANY SNAPSHOT
TABLE 59. CHANGCHUN GAOXIANG SPECIAL PIPES CO., LTD.: PRODUCT PORTFOLIO
TABLE 60. FLEXPIPE INC.: COMPANY SNAPSHOT
TABLE 61. FLEXPIPE INC.: OPERATING SEGMENTS
TABLE 62. FLEXPIPE INC.: PRODUCT PORTFOLIO
TABLE 63. FLEXSTEEL PIPELINE TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 64. FPI: COMPANY SNAPSHOT
TABLE 65. FPI: PRODUCT PORTFOLIO
TABLE 66. MAGMA: COMPANY SNAPSHOT
TABLE 67. MAGMA: PRODUCT PORTFOLIO
TABLE 68. NOV: COMPANY SNAPSHOT
TABLE 69. NOV: OPERATING SEGMENTS
TABLE 70. NOV: PRODUCT PORTFOLIO
TABLE 71. PIPELIFE: COMPANY SNAPSHOT
TABLE 72. PIPELIFE: OPERATING SEGMENTS
TABLE 73. PIPELIFE: PRODUCT PORTFOLIO
TABLE 74. POLYFLOW: COMPANY SNAPSHOT
TABLE 75. POLYFLOW: PRODUCT PORTFOLIO
TABLE 76. SMARTPIPE TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 77. SMARTPIPE TECHNOLOGIES: PRODUCT PORTFOLIO

List of Figures

FIGURE 1. KEY MARKET SEGMENTS
FIGURE 2. GLOBAL SPOOLABLE PIPES MARKET, TOP INVESTMENT POCKET, BY TYPE
FIGURE 3. GLOBAL SPOOLABLE PIPES MARKET, TOP WINNING STRATEGIES, 2015-2017 (%)
FIGURE 4. GLOBAL SPOOLABLE PIPES MARKET, TOP WINNING STRATEGIES, BY COMPANY, 2015-2017
FIGURE 5. GLOBAL OIL PRODUCTION, 2013-2015 (MILLION TONS)
FIGURE 6. SOURCE: BP STATISTICAL AND AMR ANALYSIS
FIGURE 7. GLOBAL SPOOLABLE PIPES MARKET SHARE, BY MATRIX TYPE, 2016 (%)
FIGURE 8. GLOBAL SPOOLABLE PIPES MARKET SHARE, BY REINFORCEMENT TYPE, 2016 (%)
FIGURE 9. GLOBAL SPOOLABLE PIPES MARKET SHARE, BY APPLICATION, 2016 (%)
FIGURE 10. GLOBAL SPOOLABLE PIPES MARKET SHARE, BY SALES CHANNEL, 2016 (%)
FIGURE 11. SPOOLABLE PIPES MARKET SHARE, BY GEOGRAPHY, 2016 (%)
FIGURE 12. NORTH AMERICA OIL PRODUCTION, 2013-2015 (MILLION TONS)
FIGURE 13. NORTH AMERICA NATURAL GAS PRODUCTION, 2013-2015 (BILLION CUBIC METERS)
FIGURE 14. U.S. SPOOLABLE PIPES MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 15. CANADA SPOOLABLE PIPES MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 16. MEXICO SPOOLABLE PIPES MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 17. EUROPEAN OIL PRODUCTION, 2013-2015 (MILLION TONS)
FIGURE 18. EUROPEAN NATURAL GAS PRODUCTION, 2013-2015 (BILLION CUBIC METER)
FIGURE 19. TURKEY SPOOLABLE PIPES MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 20. NORWAY SPOOLABLE PIPES MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 21. GERMANY SPOOLABLE PIPES MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 22. UK SPOOLABLE PIPES MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 23. REST OF EUROPE SPOOLABLE PIPES MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 24. ASIA-PACIFIC OIL PRODUCTION, 2013-2015 (MILLION TONS)
FIGURE 25. ASIA-PACIFIC NATURAL GAS PRODUCTION, 2013-2015 (BILLION CUBIC METER)
FIGURE 26. INDIA SPOOLABLE PIPES MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 27. CHINA SPOOLABLE PIPES MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 28. INDONESIA SPOOLABLE PIPES MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 29. THAILAND SPOOLABLE PIPES MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 30. REST OF ASIA-PACIFIC SPOOLABLE PIPES MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 31. LAMEA OIL PRODUCTION, 2013-2015 (MILLION TONS)
FIGURE 32. LAMEA NATURAL GAS PRODUCTION, 2013-2015 (BILLION CUBIC METER)
FIGURE 33. LATIN AMERICA SPOOLABLE PIPES MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 34. MIDDLE EAST SPOOLABLE PIPES MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 35. AFRICA SPOOLABLE PIPES MARKET REVENUE, 2015-2023 ($MILLION)
FIGURE 36. NOV: NET SALES, 2014-2016 ($MILLION)
FIGURE 37. NOV: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 38. NOV: REVENUE SHARE BY GEOGRAPHY, 2016 (%)

 

Spoolable pipe is an engineered solution usually composed of several layers, including high-density polyethylene (HDPE) pipe, reinforcement layer, and outer cover layer of HDPE for the piping system operating in the corrosive oil field. The pipe offers unique advantages as compared to conventional steel pipes in terms of flexibility, re-usability, corrosion resistance, and installation speed. Spoolable pipes are widely utilized to transport crude oil, gas, hydrocarbons, and water. They consist of a matrix, which is generally made of thermoplastic or thermoset polymers.

Superior properties of spoolable pipes as compared to conventional ones drive the market growth. The flexibility and lightweight characteristics of spoolable pipes requires less manpower, equipment, and energy to transport and install make it easy to install in subsidence and seismic movements of sea bed as compared to its steel counterpart. Increased drilling activities for oil & gas extraction have enforced oil & gas companies to increase their capital expenditure, thereby boosting the demand for spoolable pipes.

Moreover, discovery of new oil & gas fields is expected to open new opportunities for spoolable pipes manufacturers.

 

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