Spoolable Pipe Market to reach US$ 1,065.8 million in 2023
Spoolable Pipe Market report is a study offering actionable insights into the global market opportunities, trends, forecasts, and competitive analysis.
(EMAILWIRE.COM, January 03, 2019 )
Stratview Research has published a new research report on Spoolable Pipe Market. This extensive report by Stratview Research analyses the growth of Spoolable Pipe Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023 under the following segments -
• by Reinforcement Type (Fiber Reinforcement, Steel Reinforcement)
• by Product Type (Spoolable Composite Pipe, Reinforced Thermoplastic Pipe)
• by Application Type (Onshore Applications, Offshore Applications, Water, Others)
• by Diameter Type (Small Diameter Pipe, Large Diameter Pipe)
• by User Type (Operators, EPC Contractors, Drilling Contractors, Others)
• by Sales Channel Type (Direct Sales, Distributors)
• By Region (North America, Europe, Asia-Pacific, Rest of the World)
Go through the detailed scope: https://www.stratviewresearch.com/toc/142/spoolable-pipe-market.html
Or
Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/142/spoolable-pipe-market.html
Demand for spoolable pipes
The global spoolable pipe market offers a healthy growth opportunity for the entire ecosystem and is projected to reach US$ 1,065.8 million in 2023. The market includes both spoolable composite pipe (SCP) and reinforced thermoplastic pipe (RTP). Despite the short-term fluctuations in the demand for spoolable pipes driven by decreasing rigs or wells count, the long-term business outlook seems promising with good growth potential over the next five years. An expected recovery in the rigs or wells count, cost competitiveness of spoolable pipes over steel pipes; excellent corrosion and erosion resistance; and higher preference of spoolable pipe over steel ones in small diameter pipes are the major factors that are proliferating the growth of the market.
Top market players
The supply chain of this market comprises raw material manufacturers, spoolable pipe manufacturers, distributors, drilling contractors, EPC contractors, and operators (oil & gas companies). The key EPC contractors are Fluor Corporation, Bechtel, McDermott, and CB&I and the key oil & gas companies are Shell, ExxonMobil, Chevron, and ConocoPhillips.
The key spoolable pipe manufacturers are National Oilwell Varco Inc., Shawcor Limited; Pipelife International; Flexsteel Pipeline Technologies, Inc.; Polyflow, LLC; Aerosun Corporation; Hebei Heng An Tai Pipeline Co., Ltd.; Changchun Gao Xiang Special Pipe Co., LTD.; Magma Global Ltd.; Airborne Oil & Gas BV; and Cosmoplast Industrial Company LLC. Regional expansion, new product development, and collaboration with customers are the key strategies adopted by the major players to gain a competitive edge in the market.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research has published a new research report on Spoolable Pipe Market. This extensive report by Stratview Research analyses the growth of Spoolable Pipe Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023 under the following segments -
• by Reinforcement Type (Fiber Reinforcement, Steel Reinforcement)
• by Product Type (Spoolable Composite Pipe, Reinforced Thermoplastic Pipe)
• by Application Type (Onshore Applications, Offshore Applications, Water, Others)
• by Diameter Type (Small Diameter Pipe, Large Diameter Pipe)
• by User Type (Operators, EPC Contractors, Drilling Contractors, Others)
• by Sales Channel Type (Direct Sales, Distributors)
• By Region (North America, Europe, Asia-Pacific, Rest of the World)
Go through the detailed scope: https://www.stratviewresearch.com/toc/142/spoolable-pipe-market.html
Or
Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/142/spoolable-pipe-market.html
Demand for spoolable pipes
The global spoolable pipe market offers a healthy growth opportunity for the entire ecosystem and is projected to reach US$ 1,065.8 million in 2023. The market includes both spoolable composite pipe (SCP) and reinforced thermoplastic pipe (RTP). Despite the short-term fluctuations in the demand for spoolable pipes driven by decreasing rigs or wells count, the long-term business outlook seems promising with good growth potential over the next five years. An expected recovery in the rigs or wells count, cost competitiveness of spoolable pipes over steel pipes; excellent corrosion and erosion resistance; and higher preference of spoolable pipe over steel ones in small diameter pipes are the major factors that are proliferating the growth of the market.
Top market players
The supply chain of this market comprises raw material manufacturers, spoolable pipe manufacturers, distributors, drilling contractors, EPC contractors, and operators (oil & gas companies). The key EPC contractors are Fluor Corporation, Bechtel, McDermott, and CB&I and the key oil & gas companies are Shell, ExxonMobil, Chevron, and ConocoPhillips.
The key spoolable pipe manufacturers are National Oilwell Varco Inc., Shawcor Limited; Pipelife International; Flexsteel Pipeline Technologies, Inc.; Polyflow, LLC; Aerosun Corporation; Hebei Heng An Tai Pipeline Co., Ltd.; Changchun Gao Xiang Special Pipe Co., LTD.; Magma Global Ltd.; Airborne Oil & Gas BV; and Cosmoplast Industrial Company LLC. Regional expansion, new product development, and collaboration with customers are the key strategies adopted by the major players to gain a competitive edge in the market.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Contact Information:
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results