Flexible pipes have properties such as high chemical resistance, pressure resistance, and mechanical strength; long durability; leak proof; operate efficiently under high pressure and temperature conditions; and offer ease of installation. These unique properties make flexible pipes the preferred option for offshore oil & gas application, thereby, driving the growth of flexible pipes market.
North America is expected to be one of the largest markets for flexible pipe during the forecast period.

Market Analysis and Insights: Global Flexible Pipe Market
The global Flexible Pipe market was valued at US$ 887.3 in 2020 and will reach US$ 1071.9 million by the end of 2027, growing at a CAGR of 3.2% during 2022-2027.

Global Flexible Pipe Scope and Market Size
The global Flexible Pipe market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Flexible Pipe market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
High-Density Polyethylene
Polyacrylate Coating Glue
Polyvinylidene Fluoride

Segment by Application
Building
Oil and Gas
Other

The Flexible Pipe market is analysed and market size information is provided by regions (countries). Segment by Application, the Flexible Pipe market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Evonik
Chevron Phillips
Solvay
Technip
National Oilwell Varco
Prysmian
Shawcor
GE
Pipelife Nederland
Magma
Airborne