Global Flexible Pipe Industry was valued at USD 848.39 Million in the year 2017. Global Flexible Pipe Industry is further estimated to grow at a CAGR of 6.53% from 2017 to reach USD 1,406.89 Million by the year 2025. North America region holds the maximum Industry share in 2017 and the Middle East & Africa region is considered as the fastest growing Industry in the forecasted period. At a country level, developed Industry like the U.S. holds a notable Industry share in 2017 and is also projected to grow at a steady pace in the coming years.
The major players in Flexible Pipe Industry are GE Oil & Gas Corporation, TechnipFMC plc, Prysmian Group, National Oilwell Varco, Shawcor Ltd. and other 15 more companies information is provided in research report Rising research and development expenses to meet the changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top manufacturers in the last 5 years.
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SWOT Analysis of Flexible Pipe Industry
Strength
Increasing demand for Deepwater surveys
Growing demand for rust-free pipes
Weakness
Strict laws of the Oil & Gas Industry
Opportunities
Detection of new oil reserves
Threats
Production on a large scale
Industry Segmentation
on the basis of the application includes Onshore & Offshore of which the offshore segment is expected to hold the highest Industry share during the forecast period.
Flexible Pipe Industry Overview By Application
Offshore
Onshore
Flexible Pipe Industry Overview By Raw Material
Polyvinylidene Fluoride
High-Density Polyethylene
Polyamides
Other
Flexible Pipe Industry Overview By Type
Jumpers
Risers
Fluid Transfer Lines
Flow Lines
Flexible Pipe Industry Overview By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
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