Spoolable pipes provide great resistance against corrosion, temperature, pressure, chemicals, and impact. These properties have increased the applicability spoolable pipes across various end-user industries such as offshore, onshore oil & gas, waste water treatment, mining among others.
Drivers & Restraints
Growth in production of crude oil and natural gas, owing to the rise in energy consumption globally, boosts the consumption of spoolable pipes. The cost-effectiveness of these pipes as compared to conventional piping systems, in terms of manpower required, and energy consumed for installation purpose drive the market demand.
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The market has been segment into North America, South America, Europe, Asia-Pacific, and Middle East and Africa. Latin America was the highest revenue contributor to the global market, accounting for approximately two-fifths share, and is expected to maintain its dominance during the forecast period.
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- Airborne Oil & Gas B.V.
- Changchun Gaoxiang Special Pipes Co., Ltd.
- Flexpipe Inc.
- FlexSteel Pipeline Technologies, Inc.
- Future Pipe Industries (L.L.C.)
- Magma Global Limited
- National Oilwell Varco, Inc.
- Pipelife International GmbH
- Polyflow LLC
- Smartpipe Technologies.