North America Spoolable Pipe Market Likely to Grow at 7.8% CAGR During 2016 to 2021
This market report from Stratview Research studies the North America spoolable pipe market over the period 2010 to 2021. The research report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy
(EMAILWIRE.COM, October 17, 2018 )
Stratview Research announces the addition of a new market research report on North America Spoolable Pipe Market by Reinforcement Type (Fiber Reinforced, Steel Reinforced, and Hybrid Reinforcement), by Matrix Type (Thermoset and Thermoplastic), by Application Type (Onshore, Offshore, Downhole, Mining, Water, and Others), by Diameter (Small and Large), By User (Operator, EPC Contractor, Drilling Contractor, and Others), and by Sales Channel (Direct Sales and Distributors), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021.
The North America Spoolable Pipe Market: Highlights
Stratview Research foresees a robust growth of 7.8% CAGR in the North America spoolable pipe market over the next five years (2016 – 2021), which offers an opportunity to the pipe and end user industry players to align themselves with the market growth. Despite the short-term fluctuations in reinforced spoolable pipe demand in North America mainly due to decreasing the oil & gas price, the long term business outlook seems promising with good growth potential during the forecast period.
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Fiber reinforced spoolable pipe is likely to gain more market traction in the upcoming years by replacing steel pipes in the high-pressure applications.
About eight to ten years back, the usage of reinforced spoolable pipe in high pressure applications was at nascent stage in the North American oil & gas industry. Since then, there has been a transformation in the acceptance of reinforced spoolable pipe in the North American oil & gas industry. North America has been the pioneer in the usage of the reinforced spoolable pipe market.
Onshore applications are expected to remain the growth driver of the North America reinforced spoolable pipe market during the forecast period.
The key reinforced spoolable pipe manufacturers are NOV Fiberglass (Fiberspar), Airborne Oil & Gas, DeepFlex, Flexpipe System, Flexsteel, and Pipe Life. New product development, collaboration with customers, and regional expansion are the key strategies adopted by the key players to gain competitive edge in the market.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences and Oil & Gas.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research announces the addition of a new market research report on North America Spoolable Pipe Market by Reinforcement Type (Fiber Reinforced, Steel Reinforced, and Hybrid Reinforcement), by Matrix Type (Thermoset and Thermoplastic), by Application Type (Onshore, Offshore, Downhole, Mining, Water, and Others), by Diameter (Small and Large), By User (Operator, EPC Contractor, Drilling Contractor, and Others), and by Sales Channel (Direct Sales and Distributors), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021.
The North America Spoolable Pipe Market: Highlights
Stratview Research foresees a robust growth of 7.8% CAGR in the North America spoolable pipe market over the next five years (2016 – 2021), which offers an opportunity to the pipe and end user industry players to align themselves with the market growth. Despite the short-term fluctuations in reinforced spoolable pipe demand in North America mainly due to decreasing the oil & gas price, the long term business outlook seems promising with good growth potential during the forecast period.
Click Here For Table Of Contents :-
https://www.stratviewresearch.com/toc/143/north-america-spoolable-pipe-market.html
Or
Request sample :-
https://www.stratviewresearch.com/Request-Sample/143/north-america-spoolable-pipe-market.html
Fiber reinforced spoolable pipe is likely to gain more market traction in the upcoming years by replacing steel pipes in the high-pressure applications.
About eight to ten years back, the usage of reinforced spoolable pipe in high pressure applications was at nascent stage in the North American oil & gas industry. Since then, there has been a transformation in the acceptance of reinforced spoolable pipe in the North American oil & gas industry. North America has been the pioneer in the usage of the reinforced spoolable pipe market.
Onshore applications are expected to remain the growth driver of the North America reinforced spoolable pipe market during the forecast period.
The key reinforced spoolable pipe manufacturers are NOV Fiberglass (Fiberspar), Airborne Oil & Gas, DeepFlex, Flexpipe System, Flexsteel, and Pipe Life. New product development, collaboration with customers, and regional expansion are the key strategies adopted by the key players to gain competitive edge in the market.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences and Oil & Gas.
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
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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