Market Highlights: The spoolable pipes are the devices that designed for above ground onshore applications where corrosive conditions caused lines in fail. The spoolable pipes offers easy installation, low cost as compared to steel pipes and better stability. Major driving factors for the spoolable pipes market are growing due to high design flexibility of thermoplastics enable easy installation of these pipes in various onshore, offshore, downhole . This factor is expected to boost the global market. The major companies are adding thermoplastics or thermosets pipes in Asia-Pacific countries as these countries are focused fastest-growing verticals in the flexible pipes. The market study is being classified by Type (Fiber Reinforced, Steel Reinforced and Hybrid), by Application (Onshore, Offshore, Downhole and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Spoolable Pipes are National Oilwell Varco Inc. (United States), Shawcor Limited (Canada), Pipelife International (Austria), Flexsteel Pipeline Technologies, Inc. (United States), Polyflow, LLC (United States), Aerosun Corporation (China), Hebei Heng An Tai Pipeline Co., Ltd., Changchun Gao Xiang Special Pipe Co., LTD. (China), Magma Global Ltd. (United Kingdom), Airborne Oil & Gas BV (Netherlands) and Cosmoplast Industrial Company LLC. (UAE).
Major Market Development Highlights ShawCor acquired outstanding shares of Flexpipe with an amount of USD 130 million. It is beneficial in providing product's ease and speed of installation and its pressure & corrosion resistance capabilities.
Key Questions Answered in the Report What will the Spoolable Pipes Market size and the growth rate be in Future? What are the key factors driving the Spoolable Pipes Market? What are the key market trends and macro-economic impacting the growth of the Spoolable Pipes Market? What are the challenges to market growth? Who are the key vendors in the Spoolable Pipes Market? What are the market opportunities and threats faced by the vendors in the Spoolable Pipes Market? Trending factors influencing the market shares of the Manufacturers. What are the key outcomes of the five forces analysis of the Spoolable Pipes Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Spoolable Pipes market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Spoolable Pipes market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Spoolable Pipes Manufacturers, Spoolable Pipes Traders, End-Use Market Participants of Different Segments of Spoolable Pipes, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.