Spoolable Pipe Market worth US$ 1,065.8 million in 2023
Spoolable Pipe Market research report is a 224-page global study offering rich insights on market forecasts, latest market trends, market competition, and opportunity analysis.
(EMAILWIRE.COM, December 14, 2018 )
Stratview Research announces the launch of a new research report on Spoolable Pipe Market. This 224-page extensive report from Stratview Research, studies Spoolable Pipe Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
This Spoolable Pipe Market analysis has been segmented in seven ways, keeping in mind the interest of all the stakeholders across the value chain.
• By Reinforcement Type (Fiber Reinforcement, Steel Reinforcemen)- Fiber-reinforced spoolable pipe is likely to gain more market traction in the coming years.
• by Product Type (Spoolable Composite Pipe, Reinforced Thermoplastic Pipe)
• by Application Type (Onshore Applications, Offshore Applications, Water, Others)- Onshore is expected to remain the growth engine of the market.
• by Diameter Type (Small Diameter Pipe, Large Diameter Pipe)- Small diameter pipe is projected to remain the largest segment.
• 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)- North America is expected to remain the growth engine of the market.
Go through the detailed TOC: https://www.stratviewresearch.com/toc/142/spoolable-pipe-market.html
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Spoolable Pipe Market Insights
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.
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.
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 announces the launch of a new research report on Spoolable Pipe Market. This 224-page extensive report from Stratview Research, studies Spoolable Pipe Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
This Spoolable Pipe Market analysis has been segmented in seven ways, keeping in mind the interest of all the stakeholders across the value chain.
• By Reinforcement Type (Fiber Reinforcement, Steel Reinforcemen)- Fiber-reinforced spoolable pipe is likely to gain more market traction in the coming years.
• by Product Type (Spoolable Composite Pipe, Reinforced Thermoplastic Pipe)
• by Application Type (Onshore Applications, Offshore Applications, Water, Others)- Onshore is expected to remain the growth engine of the market.
• by Diameter Type (Small Diameter Pipe, Large Diameter Pipe)- Small diameter pipe is projected to remain the largest segment.
• 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)- North America is expected to remain the growth engine of the market.
Go through the detailed TOC: https://www.stratviewresearch.com/toc/142/spoolable-pipe-market.html
Or
Get a free sample: https://www.stratviewresearch.com/Request-Sample/142/spoolable-pipe-market.html
Spoolable Pipe Market Insights
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.
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.
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
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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