Global Spoolable Pipes Market 2022-2026

Global Spoolable Pipes Market 2022-2026

Technavio has been monitoring the spoolable pipes market and it is poised to grow by $743.7 mn during 2022-2026, accelerating at a CAGR of 6.36% during the forecast period. Our report on the spoolable pipes market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the advantages of spoolable pipes over traditional metallic pipes, increasing demand in the oil and gas industry, and the pipe-in-pipe installation capability of spoolable pipes.

The spoolable pipes market analysis includes type segment and geographic landscape.

Technavio's spoolable pipes market is segmented as below:

By Type

• Thermoplastic
• Thermoset

By Geographical Landscape

• North America
• APAC
• Europe
• Middle East and Africa
• South America

This study identifies the increasing ultra-deep drilling activities as one of the prime reasons driving the spoolable pipes market growth during the next few years. Also, increasing adoption of public water distribution networks and discoveries of potential reserves will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the spoolable pipes market covers the following areas:

• Spoolable pipes market sizing
• Spoolable pipes market forecast
• Spoolable pipes market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading spoolable pipes market vendors that include Baker Hughes Co., Changchun Gaoxiang Special Pipe Co. Ltd., Cosmoplast Ind. Co. LLC, Hebei Heng An Tai Pipeline Co. Ltd., NOV Inc., Shawcor Ltd., Smartpipe Technologies, Strohm B.V, TechnipFMC plc, Wienerberger AG, Flexpipe Modular Material Handing System, FlexSteel Pipeline Technologies Inc, Future Pipe Industries, and Victrex Plc. Also, the spoolable pipes market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.