Global Spoolable Pipe Market Likely to Grow at 6.5% CAGR Over the Next Five Years (2016-2021): Stratview Research

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DETROIT, MI, USA, September 30, 2016 /EINPresswire.com/ -- Stratview Research announces the addition of a new market research report on Global Spoolable Pipe Market by Reinforcement Type (Fiber Reinforced, Steel Reinforced, and Hybrid Reinforcement), by Matrix Type (Thermoset and Thermoplastic), by End User Industry (Onshore, Offshore, Downhole, Mining, Water, and Others), by Diameter (Small and Large), By User (Operator, EPC Contractor, Drilling Contractor, and Others), by Sales Channel (Direct Sales and Distributors), by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021.
This market report from Stratview Research studies the global spoolable pipe market over the period 2010 to 2021. The research report provides detailed insights on 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

Stratview Research foresees a robust growth of 6.5% CAGR in the global spoolable pipe market over the next five years (2016 – 2021), which offers an opportunity to the pipe and end user industry players to align themselves with the market growth. Despite the short term fluctuations in the reinforced spoolable pipe demand mainly due to the decreasing oil & gas price, the long term business outlook seems promising with good growth potential during the forecast period. Fiber reinforced spoolable pipe is likely to gain more market traction in the upcoming years by replacing steel pipes in the high pressure applications.
Onshore applications are expected to remain the growth driver of the global reinforced spoolable pipe market during the forecast period. In terms of region, North America is expected to remain the largest market for reinforced spoolable pipe during the forecast period.
The key reinforced spoolable pipe manufacturers are NOV Fiberglass (Fiberspar), Airborne Oil & Gas, DeepFlex, Flexpipe System, Flexsteel, and Pipe Life. New product development, collaboration with customers, and regional expansion are the key strategies adopted by the key players to gain competitive edge in the market.

Report Features

This industry research report from Stratview Research provides market intelligence in the most comprehensive manner. 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 research 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.

About Stratview Research

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