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Spoolable Pipe Market Global Industry Analysis 2018 – 2022

Global Spoolable Pipe Industry

New Study on “2018-2022 Spoolable Pipe Market Global Key Player, Demand, Growth, Opportunities and Analysis Forecast” added to Wise Guy Reports Database

This report, from Stratview Research, studies the global Spoolable Pipe Market over the period of 2017 to 2022. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The Global Spoolable Pipe Market: Highlights

The global spoolable pipe market offers a healthy growth opportunity for the entire ecosystem and is projected to reach US$ 1,003.1 million in 2022. The spoolable pipe market includes both spoolable composite pipe (SCP) and reinforced thermoplastic pipe (RTP). Despite the short-term fluctuations in the demand for spoolable pipes driven by decreasing rigs or wells count, the long-term business outlook seems promising with good growth potential over the next five years. An expected recovery in the rigs or wells count; cost competitiveness of spoolable pipes over steel pipes; excellent corrosion and erosion resistance; and higher preference of spoolable pipe over steel ones in small diameter pipes are the major factors that are proliferating the growth of the spoolable pipe market.

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Over 90% of the failures in pipes in the high-pressure applications are related to 6-inch diameter or smaller pipes. Most of the failures are due to the internal and external corrosion. Spoolable pipes offer excellent corrosion and erosion resistance properties, high fatigue resistance, reduced maintenance cost, faster commissioning, and improved flow rates. Spoolable pipes are used in the high-pressure applications in onshore, offshore, and downhole. They have gained significant acceptance over a period of time and have been replacing steel pipes in the high-pressure applications. Spoolable pipes can be made up to the length of 600 meters to 3,000 meters with fewer joints in between.

Spoolable pipes are mainly composed of three materials. The first material is HDPE (High-Density Polyethylene), used in the inner layer of the spoolable pipe. It has good erosion and corrosion resistance, impact resistance, and has a successful track record in low-pressure oil & gas applications. The second material is used as reinforcement, which allows the pipe to handle higher pressure. Steel bands or cords, braided polyester, glass fiber, aramid fiber, and carbon fiber can be used as a reinforcement material, depending on the manufacturer. The third and final pipe material is extruded HDPE that is used in the outer layer of pipe with the purpose of providing protection to the pipe during the installation.

The global spoolable pipe market is segmented based on reinforcement type as Fiber Reinforcement and Steel Reinforcement. Fiber reinforcement segment is further divided into glass fiber reinforcement, carbon fiber reinforcement, and others mainly aramid and polyester reinforcements. Fiber-reinforced spoolable pipe is likely to gain more market traction in the coming years by replacing steel pipes in the high-pressure applications.

Based on the application type, onshore is expected to remain the growth engine of the global spoolable pipe market during the forecast period. All the major onshore applications, such as production and gathering lines and injection lines, are likely to generate a healthy demand for spoolable pipes over the next five years.

Based on the diameter type, small diameter pipe is projected to remain the largest consumer of spoolable pipes during the forecast period. All the major players are primarily supplying small diameter pipes targeting all the major applications. Large-diameter pipe is also likely to exhibit a healthy growth during the same period.

Based on the regions, North America is expected to remain the growth engine of the spoolable pipe market during the forecast period. The region is likely to witness the highest growth during the forecast period, driven by an early sign of the recovery of wells or rigs count and increasing penetration of spoolable pipes. All the leading spoolable pipe makers, such as National Oilwell Varco Inc. (Fiberspar), Shawcor Limited (Flexpipe), and Flexsteel Pipeline Technologies, Inc., are headquartered in North America.

The supply chain of this market comprises raw material manufacturers, spoolable pipe manufacturers, distributors, drilling contractors, EPC contractors, and operators (oil & gas companies). Key EPC contractors are Fluor Corporation, Bechtel, McDermott, and CB&I and the key oil & gas companies are Shell, ExxonMobil, Chevron, and ConocoPhillips.

Major spoolable pipe manufacturers are National Oilwell Varco Inc., Shawcor Limited; Pipelife International; Flexsteel Pipeline Technologies, Inc.; Polyflow, LLC; Aerosun Corporation; Hebei Heng An Tai Pipeline Co., Ltd.; Changchun Gao Xiang Special Pipe Co., LTD.; Magma Global Ltd.; Airborne Oil & Gas BV; and Cosmoplast Industrial Company LLC. The regional expansion, new product development, and collaboration with customers are the key strategies adopted by the major players to gain a competitive edge in the market.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. About 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts have been executed to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

The following are the key features of the report:

Market structure: Overview, industry life cycle analysis, supply chain analysis 
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis 
Market trend and forecast analysis 
Market segment trend and forecast 
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. 
Attractive market segments and associated growth opportunities 
Emerging trends 
Strategic growth opportunities for the existing and new players 
Key success factors 
The global spoolable pipe market is segmented into the following categories.

Global Spoolable Pipe Market by Reinforcement Type:

Fiber Reinforcement 
Glass Reinforcement 
Carbon Reinforcement 
Other Reinforcements 
Steel Reinforcement 
Global Spoolable Pipe Market by Product Type:

Spoolable Composite Pipe (SCP) 
Reinforced Thermoplastic Pipe (RTP) 
Global Spoolable Pipe Market by Application Type:

Onshore Applications 
Production and Gathering Lines 
Injection Lines 
Disposal Lines 
Others 
Offshore Applications 
Flowlines 
Jumpers 
Others 
Water 
Others 
Global Spoolable Pipe Market by Diameter Type:

Small Diameter Pipe 
Large Diameter Pipe 
Global Spoolable Pipe Market by User Type:

Operators 
EPC Contractors 
Drilling Contractors 
Others 
Global Spoolable Pipe Market by Sales Channel Type:

Direct Sales 
Distributors 
Global Spoolable Pipe Market by Region:

North America 
Europe 
Asia-Pacific 
Rest of the World 
Report Customization Options

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Some points from table of content:

  1. Executive Summary 
    2. Global Spoolable Pipe Market – Overview and Market Forces 
    2.1. Introduction 
    2.2. Market Segmentation 
          2.2.1. By Reinforcement Type 
          2.2.2. By Application Type 
          2.2.3. By Product Type 
          2.2.4. By Diameter Type 
          2.2.5. By User Type 
          2.2.6. By Sales Channel Type 
          2.2.7. By Region 
        2.3. Market Drivers 
        2.4. Market Constraints 
        2.5. Supply Chain Analysis 
        2.6. Life Cycle Analysis 
        2.7. PEST Analysis: Impact Assessment of Changing Business Environment 
        2.8. Porter Five Forces Analysis 
          2.8.1. Bargaining Power of Suppliers 
          2.8.2. Bargaining Power of Customers 
          2.8.3. Threat of New Entrants 
          2.8.4. Threat of Substitutes 
          2.8.5. Competitive Rivalry 
        2.9. SWOT Analysis 
    3. Global Spoolable Pipe Market Analysis – By Reinforcement Type 
        3.1. Strategic Insights 
        3.2. Fiber-Reinforced Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
          3.2.1. Glass Fiber-Reinforced Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
          3.2.2. Carbon Fiber-Reinforced Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
          3.2.3. Other Fiber-Reinforced Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
        3.3. Steel-Reinforced Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
    4. Global Spoolable Pipe Market Analysis – By Application Type 
        4.1. Strategic Insights 
        4.2. Onshore: Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
          4.2.1. Production and Gathering Lines: Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
          4.2.2. Injection Lines: Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
          4.2.3. Disposal Lines: Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
          4.2.4. Others: Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
        4.3. Offshore: Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
          4.3.1. Flowlines: Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
          4.3.2. Jumpers: Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
          4.3.3. Others: Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
        4.4. Downhole: Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
        4.5. Water: Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
        4.6. Others: Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
    5. Global Spoolable Pipe Market Analysis – By Product Type 
        5.1. Strategic Insights 
        5.2. Spoolable Composite Pipe (SCP) Market Trend and Forecast (US$ Million and Million feet) 
        5.3. Reinforced thermoplastic Pipe (SCP) Market Trend and Forecast (US$ Million and Million feet) 
    6. Global Spoolable Pipe Market Analysis – By Diameter Type 
        6.1. Strategic Insights 
        6.2. Small Diameter: Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
        6.3. Large Diameter: Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
    7. Global Spoolable Pipe Market Analysis – By User Type 
        7.1. Strategic Insights 
        7.2. Operators: Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
        7.3. EPC Contractors: Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
        7.4. Drilling Contractors: Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
        7.5. Others: Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
    8. Global Spoolable Pipe Market Analysis – By Sales Channel Type 
        8.1. Strategic Insights 
        8.2. Direct Sales: Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 
        8.3. Distributors: Spoolable Pipe Market Trend and Forecast (US$ Million and Million feet) 

Continued…….

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