Categories: Metal & Construction

Fiberglass Pipes Market Size, Share & Trends

The Spoolable Pipes Global Market Report 2023, provides comprehensive information on the spoolable pipes market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Spoolable Pipes Market’s Growth:

https://www.thebusinessresearchcompany.com/report/spoolable-pipes-global-market-report

As per The Business Research Company’s Spoolable Pipes Global Market Report 2023, the market is expected to grow from $1.49 billion in 2022 to $1.57 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global spoolable pipes market is expected to reach $1.89 billion in 2027 at a CAGR of 4.6%.

Get A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample_request?id=8740&type=smp

Product innovations have emerged as a key trend gaining popularity in the spoolable pipes market. The market is seeing increased investments in nonmetallic composite materials as they offer lower prices, reduced corrosion risks and lower manufacturing emissions than traditional pipes. Major companies in the operating in spoolable pipes market are innovating the products to sustain their position. For instance, in January 2021, Baker Hughes, a US-based oil field services company, announced the launched new composite flexible pipe for onshore pipelines. This flexible, lightweight reinforced thermoplastic pipe (RTP) is a more cost-effective and environmentally friendly alternative to traditional onshore steel pipes. The pipe’s proven spoolable design enables transporting and installing it easier, faster, and less expensive than conventional steel pipes, saving more than 20% on installation expenses.

The spoolable pipes market is segmented:

1) By Matrix: Thermoplastics, Thermosets

2) By Reinforcements: Glass Fiber Reinforcement, Carbon Fiber Reinforcement, Steel Reinforcement

3) By Application: On-shore, Off-shore, Downhole

4) By Sales: Direct Sales, Distributors

North America was the largest region in the spoolable pipes market in 2022.

The table of contents in TBRC’s spoolable pipes market report includes:

  1. Executive Summary
  2. Spoolable Pipes Market Characteristics
  3. Spoolable Pipes Market Trends And Strategies
  4. Spoolable Pipes Market – Macro Economic Scenario
  5. Spoolable Pipes Market Size And Growth

.

.

.

  1. Africa Spoolable Pipes Market
  2. Spoolable Pipes Market Competitive Landscape And Company Profiles
  3. Key Mergers And Acquisitions In The Spoolable Pipes Market
  4. Spoolable Pipes Market Future Outlook and Potential Analysis
  5. Appendix

Learn About Us:

The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

Contact Us:
The Business Research Company
Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

 

Email: info@tbrc.info

 

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

 

Good PR News

Share
Published by
Good PR News

Recent Posts

Medical Terminology Software Market Share, Growth Opportunities, Demand Factors Report To 2033

The medical terminology software global market report 2024 from The Business Research Company provides comprehensive…

12 hours ago

Apples Market Expansion 2024-2033: Growth Drivers and Dynamics

The apples global market report 2024 from The Business Research Company provides comprehensive market statistics,…

12 hours ago

IP Video Surveillance And VSaaS Market Growth Analysis, Latest Trends And Business Opportunity 2024 To 2033

The ip video surveillance and vsaas global market report 2024 from The Business Research Company…

12 hours ago

Change And Configuration Management Market Expansion 2024-2033: Growth Drivers and Dynamics

The change and configuration management global market report 2024 from The Business Research Company provides…

12 hours ago

Generative AI In Gaming Market Share Analysis, Leading Players, Growth, Trends, And Forecast To 2033

The generative ai in gaming global market report 2024 from The Business Research Company provides…

13 hours ago

Electric Blankets Market Size, Emerging Trends, Market Opportunities, Key Players And Forecast To 2033

The electric blankets global market report 2024 from The Business Research Company provides comprehensive market…

13 hours ago