The global reinforced thermoplastic pipes market study presents an all in all compilation of the historical, current and future outlook of the market as well as the factors responsible for such a growth. With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each reinforced thermoplastic pipes market player in a comprehensive way. Further, the reinforced thermoplastic pipes market report emphasizes the adoption pattern of the reinforced thermoplastic pipes across various industries.
Important regions covered in the reinforced thermoplastic pipes market report include:
- North America (Canada, US)
- Latin America (Argentina, Mexico)
- Europe (NORDIC, UK)
- Japan and MEA
- APEJ (China, India)
Reinforced thermoplastic pipes (RTP) are steadily gaining traction and are set to become 21st century pipeline solutions. Their immunity to corrosion and ability to withstand high pressure up to 450 bar is giving impetus to their demand in various end use applications. In terms of durability and corrosion resistivity, RTP outperforms conventional pipes creating lucrative opportunities in the market. In addition, burgeoning demand for high performance and off-shore applications are set to drive the market at a CAGR of 5% during the forecast period (2019-2029). With reinforced thermoplastic pipes set to cost 40% lesser than conventional plastic variants, their demand will escalate during the forecast period. Their ability to improve flow rate by as much as 30% will act as a potential growth lever.
Facility Expansion and Product Innovation to Remain Key Strategies in RTP Market
RTP market is highly consolidated in nature in which Baker and Hughes, Cosmoplast, H.A.T-Flex, National Oilwell Varco, OPR Offshore Pipelines & Risers Inc, PES.TEC, Saudi Arabian Amiantit Co., Saudi Aramco, Shawcor and Wienerberger dominate the market. During the historical period (2014-2018), prominent companies have been involved in numerous facility expansions to anchor their presence in highly lucrative regions. Several players have expanded their product portfolio with enhanced properties to serve more niche applications including chemical and gaseous (H2S and CO2) applications.
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FactMR, in its latest business intelligence study, depicts the nuts and bolts of the global reinforced thermoplastic pipes market.
The reinforced thermoplastic pipes market analysis report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.
Apart from, the reinforced thermoplastic pipes report elaborates the market behavior of each vendor operating in the reinforced thermoplastic pipes market.Reinforced thermoplastic pipes (RTP) are steadily gaining traction and are set to become 21st century pipeline solutions.
Their immunity to corrosion and ability to withstand high pressure up to 450 bar is giving impetus to their demand in various end use applications.
In terms of durability and corrosion resistivity, RTP outperforms conventional pipes creating lucrative opportunities in the market.
In addition, burgeoning demand for high performance and off-shore applications are set to drive the market at a CAGR of 5% during the forecast period (2019-2029).
Reinforced thermoplastic pipes marketplace continues to be moderately consolidated and the top 6 players account for over 50% of the market revenue share.
Sound operations and robust sales infrastructure, with an emphasis on value selling, remain the predominant revenue levers of these companies.
For instance, Saudi Aramco signed a MoU with the Aerosun Corporation in 2018, to supplement the production of reinforced thermoplastic pipe and components.
This surge in appeal of reinforced thermoplastic pipes can be attributed to their excellent chemical resistance and high performance, and cost-effectiveness.Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S_id=2237On the back of myriad benefits, end-users across a range of industries are using reinforced thermoplastic pipes.
The concerns apropos of pipeline reliability are likely to pick pace, which is expected to significantly propel the demand for reinforced thermoplastic pipes in the forthcoming years.
For instance, deformation and fracture properties of reinforced thermoplastic pipes are of great importance to the end users and remain among the highly sought specifications.Request for the Report Customization: https://www.factmr.com/connectus/sample?flag=RC_id=2237This provides sizeable credence to the fact that understanding the need for fine-tuning performance aspects will enable the manufacturers of reinforced thermoplastic pipes to successfully introduce new offerings to the end-user marketplace.
Reinforced Thermoplastic Pipes Market report added by Value Market Research, offering growth, trends, and forecast for each segment along with regional and country analysis.
Further, this report also highlights the regional and country-level market analysis.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the reinforced thermoplastic pipes market include Technip, GE Oil and Gas, National Oilwell Varco, Shawcor, FlexSteel, SoluForce, H.A.T-FLEX, Polyflow, LLC, Prysmian, Aerosun Corporation, and Changchun GaoXiang Special pipe.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Reinforced Thermoplastic Pipes Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/reinforced-thermoplastic-pipes-market/download-sampleMarket DynamicsThe surging demand for non-corrosive conduits in the onshore oil and gas industry is the main stimulating factor for this growth.
Since these pipes can withstand extreme conditions, they are highly sought after for several other applications like domestic gas, domestic water, mining, effluent water disposal, CO2, and hydrogen applications.
The excellent strength to weight ratio, fast installation, and abrasion resistance of RTPs will favor expanding the market in several other unexplored sectors like salt pan brine, military oil and submarine pipeline, and hot spring fields.
Fiber Reinforced Plastic Pipes market is segmented by region (country), players, by Type, and by Application.
Players, stakeholders, and other participants in the global Fiber Reinforced Plastic Pipes market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.Segment by Type, the Fiber Reinforced Plastic Pipes market is segmented into:Glass Reinforced PolyesterGlass Reinforced EpoxyGlass Reinforced VinylDownload FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/59661/global-china-fiber-reinforced-plastic-pipes-2026-11Segment by Application, the Fiber Reinforced Plastic Pipes market is segmented into:Oil & GasIrrigationIndustriesOthersRegional and Country-level Analysis:The Fiber Reinforced Plastic Pipes market is analysed and market size information is provided by regions (countries).The key regions covered in the Fiber Reinforced Plastic Pipes market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.Competitive Landscape and Fiber Reinforced Plastic Pipes Market Share Analysis:Fiber Reinforced Plastic Pipes market competitive landscape provides details and data information by players.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
