Market Research Logo

Global Flexible Pipes Market for Oil and Gas Industry 2016-2020

Global Flexible Pipes Market for Oil and Gas Industry 2016-2020

About Flexible Pipes

Flexible pipes are dynamic risers that are connected to subsea production equipment in topside facilities, which permit the flow of oil, gas, and water through them. Flexible pipes are also used on the seabed to tie wells and subsea equipment together. These pipes are largely used in the oil and gas industry, as they have an intrinsic property to reversibly soften on heating and harden on cooling. These pipes also offer distinctive properties, such as high thermal resistance, chemical inertness, superior mechanical properties, corrosion resistance, and excellent adhesion.

Technavio’s analysts forecast the global flexible pipes market for oil and gas industry to grow at a CAGR of 3.56% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global flexible pipes market for oil and gas industry for 2016-2020. To calculate the market size, the report considers the revenue generated through the sales of flexible pipe products by type such as HDPE, PA, PVDF, and others in the offshore and onshore applications.

The market is divided into the following segments based on geography:

  • APAC
  • Central and South America
  • Europe and Central Asia
  • MEA
  • North America
Technavio's report, Global Flexible Pipes Market for Oil and Gas Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Airborne Oil & Gas
  • General Electric Oil and Gas
  • National Oilwell Varco (NOV)
  • SoluForce
  • Technip
Other prominent vendors
  • ContiTech AG
  • DeepFlex
  • FlexPipe Systems
  • FlexSteel Pipeline Technologies
  • Prysmian
Market driver
  • Acceptance of engineering-grade flexible materials
  • For a full, detailed list, view our report
Market challenge
  • Large scale manufacturing of flexible pipes
  • For a full, detailed list, view our report
Market trend
  • New discoveries of potential reserves
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Flexible Pipes Market for Oil and Gas Industry 2016-2020

Technavio recognizes the following companies as the key players in the global flexible pipes market for oil and gas industry: Airborne Oil & Gas, General Electric Oil and Gas, National Oilwell Varco (NOV), SoluForce, and Technip.

Other Prominent Vendors in the market are: ContiTech AG, DeepFlex, FlexPipe Systems, FlexSteel Pipeline Technologies, and Prysmian.

Commenting on the report, an analyst from Technavio’s team said: “Increasing number of horizontal wells will be a key trend for market growth. Flexible composite pipes are used in shallow and long horizontal wells. These composite pipes are the preferred choice as they can be easily retracted from these wells. The oil and gas industry is currently experiencing a shifting trend with respect to drilling pipes. Directional drilling is growing rapidly in comparison to vertical drilling. The production rate of horizontal wells is more than double in comparison to verticals wells. An increase in the number of horizontal wells is a potential growth opportunity for the market owing to the high application of flexible pipes in these wells.”

According to the report, demand for non-corrosive flexible pipes will be a key driver for market growth. The cost of repairing and replacing corroded pipes is subject to factors such as location, temperature, and materials. A large amount is spent annually across the globe in repairing and replacing piping systems, cracking transport pipeline, and others. Flexible pipes are widely used to reduce such expenses, as these pipes have high strength, durability, non-corrosiveness, and are lightweight. These properties make them a preferred alternative to steel and concrete pipes used in the oil and gas industry.

Further, the report states that stringent government regulations will be a challenge for the market. The standards and environmental regulations in the oil and gas industry are becoming increasingly stringent owing to the hazardous potential of well-drilling activity. Drilling activity in subsurface reservoirs can create hydraulic channels between contaminated surface water and the relatively pure underground water. This might contaminate the drinking water supply. Numerous legislative acts such as the Clean Water Act (1972), the Oil Pollution Act (1990), and the New York’s State Environmental Quality Review Act (1975) have been established to prevent such issues.

Companies Mentioned

Airborne Oil & Gas, General Electric Oil and Gas, National Oilwell Varco (NOV), SoluForce, Technip, ContiTech AG, DeepFlex, FlexPipe Systems, FlexSteel Pipeline Technologies, Prysmian.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Global flexible pipes market for oil and gas industry
      • Table Global flexible pipes market for oil and gas industry by type
      • Table Global flexible pipes market for oil and gas industry by application
      • Table Global flexible pipes market for oil and gas industry by geography
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market size and forecast
      • Table Global flexible pipes market for oil and gas industry 2015-2020 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Global flexible pipes market for oil and gas industry by type
      • Table Global flexible pipes market for oil and gas industry by type 2015
      • Table Global flexible pipes market for oil and gas industry by type 2020
    • Global HDPE flexible pipes market for oil and gas industry
      • Table Global HDPE flexible pipes market for oil and gas industry 2015-2020 ($ millions)
    • Global PA flexible pipes market for oil and gas industry
      • Table Global PA flexible pipes market for oil and gas industry 2015-2020 ($ millions)
    • Global PVDF flexible pipes market for oil and gas industry
      • Table Global PVDF flexible pipes market in oil and gas industry 2015-2020 ($ millions)
      • Table Global rig count in oil and gas industry 2011-2015
    • Global other flexible pipes market for oil and gas industry
      • Table Global other flexible pipes market for oil and gas industry 2015-2020 ($ millions)
  • Market segmentation by application
    • Global flexible pipes market for oil and gas industry by application
      • Table Global flexible pipes market for oil and gas industry by application 2015
      • Table Global flexible pipes market for oil and gas industry by application 2020
    • Global offshore flexible pipes market for oil and gas industry
      • Table Global offshore flexible pipes market for oil and gas industry 2015-2020 ($ millions)
    • Global onshore flexible pipes market for oil and gas industry
      • Table Global onshore flexible pipes market for oil and gas industry 2015-2020 ($ millions)
  • Market segmentation by geography
    • Global flexible pipes market for oil and gas industry by geography
      • Table Global flexible pipes market for oil and gas industry by geography 2015
      • Table Global flexible pipes market for oil and gas industry by geography 2020
      • Table Global flexible pipes market for oil and gas industry by geography 2015-2020 ($ millions)
    • Flexible pipes market for oil and gas industry in North America
      • Table Flexible pipes market for oil and gas industry in North America 2015-2020 ($ millions)
      • Table Flexible pipes market for oil and gas industry by country 2015-2020 ($ millions)
    • Flexible pipes market for oil and gas industry in MEA
      • Table Flexible pipes market for oil and gas industry in MEA 2015-2020 ($ millions)
      • Table Flexible pipes market for oil and gas industry by country 2015-2020 ($ millions)
    • Flexible pipes market for oil and gas industry in Central and South America
      • Table Flexible pipes market for oil and gas industry in Central and South America 2015-2020 ($ millions)
      • Table Flexible pipes market for oil and gas industry by country 2015-2020 ($ millions)
    • Flexible pipes market for oil and gas industry in APAC
      • Table Flexible pipes market for oil and gas industry in APAC 2015-2020 ($ millions)
      • Table Flexible pipes market for oil and gas industry by country 2015-2020 ($ millions)
    • Flexible pipes market for oil and gas industry in Europe and Central Asia
      • Table Flexible pipes market for oil and gas industry in Europe and Central Asia 2015-2020 ($ millions)
      • Table Flexible pipes market for oil and gas industry by country 2015-2020 ($ millions)
  • Market drivers
    • Acceptance of engineering-grade flexible materials
    • Demand for non-corrosive flexible pipes
    • Innovations in drilling
    • Growth of deepwater drilling activity
      • Table Growth in offshore and subsea spending in oil and gas industry 2009-2020 ($ billions)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Declining crude oil prices
      • Table Crude oil price 2009-2015 ($ per barrel)
    • Large scale manufacturing of flexible pipes
    • Stringent government regulations
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Increasing number of horizontal wells
    • Withdrawal of sanctions on Iran
    • New discoveries of potential reserves
    • Impact of Brexit over offshore oil market
  • Vendor landscape
    • Competitive scenario
      • Table Average crude oil spot price ($ per barrel)
    • Major market vendors
      • Table Global flexible pipes market for oil and gas industry: Major vendors
    • Other prominent vendors
  • Key vendor analysis
    • Airborne Oil & Gas
      • Table Key takeaways
    • General Electric Oil and Gas
      • Table General Electric: Business segmentation by revenue 2015
      • Table Key takeaways
    • National Oilwell Varco (NOV)
      • Table NOV: Business segmentation by revenue 2015
      • Table Key takeaways
    • SoluForce
      • Table Key takeaways
    • Technip
      • Table Technip: Business segmentation by revenue 2015
      • Table Key takeaways
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report