Report: Global Flexible Pipe Market to Exceed $1 Billion by 2022
6/16/2017
According to a report titled “Flexible Pipe Market by Raw Material (HDPE, PA, and PVDF), Application (Offshore and Onshore), and Region (North America, Middle East & Africa, Central & South America, Asia-Pacific, and Europe) – Global Forecast to 2022,” published by MarketsandMarkets™, the global flexible pipe market is projected to grow at a CAGR of 4.0% from USD $880.8 Million in 2016 to USD $1,111.3 Million by 2022.
Key findings in the report include:
- The growth of the flexible pipe market is driven by high investments in the oil & gas exploration and production industries
- The HDPE segment is projected to lead the flexible pipe market during the forecast period
- The offshore segment is the largest application segment of the flexible pipe market
- The flexible pipe market in the Middle East & Africa is projected to grow at the highest CAGR during the forecast period
To download a copy of the report, visit http://www.marketsandmarkets.com/Market-Reports/flexible-pipes-market-132547188.html.
Related News
From Archive
Sign up to Receive Our Newsletter
- HDD industry faces challenges as cities push back on fiber drilling disruptions
- 2 workers killed, 1 injured while working on sewer line in Mobile, Ala.
- $5.3 billion, 516-mile pipeline to connect Texas to Arizona through New Mexico
- Tunnel boring continues under Chesapeake Bay for $3.9 billion HRBT Expansion project
- Judge approves construction for key portion of $485 million pipeline in Larimer County, Colo.
- New products: Latest industry developments
- 31 workers rescued after LA tunnel partially collapses
- Ohio Supreme Court rules sewer line location isn’t a ‘defect’ in property dispute
- Faulconer Construction begins rock blasting for water pipeline project in Charlottesville, Va.
- $5.3 billion, 516-mile pipeline to connect Texas to Arizona through New Mexico
Comments