Lucintel's latest market report analyzed that flexible pipe provides attractive opportunities in offshore and onshore applications. The flexible pipe market is expected to reach $1.7 billion by 2027 with a CAGR of 5.2%. In this market, high-density polyethylene is the largest segment by raw material, whereas offshore is largest by application. Increasing use of hybrid flexible pipes and polyvinylidene fluoride in flexible pipes provides strategic growth path in this market.

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Based on raw material, the flexible pipe market is segmented into high-density polyethylene, polyamides, polyvinylidene fluoride, and others. The high-density polyethylene segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to its low cost and easy applicability.

Browse in-depth TOC on “Flexible Pipe Market”

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178 – Pages

The Flexible Pipe Market is marked by the presence of several big and small players. Some of the prominent players offering flexible pipe include NOV Inc., TechnipFMC, Prysmian Group, Baker Hughes Company, Future Pipe Industries, Strohm, Shawcor, ContiTech AG, Magma Global Ltd., and Pipelife Nederland B.V..

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

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