Composites in Oil and Gas Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2025

The report on the global composites in the oil and gas market provides qualitative and quantitative analysis for the period from 2017 to 2025. The report predicts the global composites in the oil and gas market to grow with a CAGR of 6% over the forecast period from 2019-2025. The study on composites in the oil and gas market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2017 to 2025.

The report on composites in oil and gas market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global composites in the oil and gas market over the period of 2017 to 2025. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global composites in oil and gas market over the period of 2017 to 2025. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

• Rising demand for lightweight and corrosion-resistant materials from oil & gas industry
• Rising replacement of steel by composite due to low maintenance cost

2) Restraints

• High production cost

3) Opportunities

• Growing the demand for composites from emerging countries

Research Methodology

A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry

Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/country managers
5. Vice President level executives.

B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global composites in the oil and gas market is segmented on the basis of matrix materials, product type, and application.

The Global Composites in Oil and Gas Market by Matrix Materials

• Epoxy
• Polymer
• Phenolic
• Glass Fibers
• Carbon Fibers
• Aramid Fibers

The Global Composites in Oil and Gas Market by Product Type

• Glass Reinforced Plastic (GRP)
• Glass Reinforced Epoxy Resin (GRER)
• Glass Reinforced Vinyl Ester (GRVE)
• Reinforced Thermoplastic (RTP)

The Global Composites in Oil and Gas Market by Application

• Piping Systems
• Grinds/gratings
• Ladders
• Flexible Tubes
• Composite Risers
• Caissons & Pull Tubes

Company Profiles

The companies covered in the report include

• Creative Composites Ltd.
• National Composites Center
• Airborne Oil & Gas B.V.
• GE Oil & Gas
• Magma Global Limited
• National Oilwell Varco
• Vello Nordic AS
• Schlumberger Limited
• Halliburton Company
• Enduro Composites, Inc.

What does this report deliver?
1. Comprehensive analysis of the global as well as regional markets of the composites in the oil and gas market.
2. Complete coverage of all the segments in the composites in the oil and gas market to analyze the trends, developments in the global market and forecast of market size up to 2025.
3. Comprehensive analysis of the companies operating in the global composites in the oil and gas market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

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