+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Spoolable Pipes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

  • PDF Icon

    Report

  • 141 Pages
  • June 2023
  • Region: Global
  • IMARC Group
  • ID: 5577951
The global spoolable pipes market size reached US$ 1.7 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 2.2 Billion by 2028, exhibiting a growth rate (CAGR) of 3.9% during 2023-2028.

Spoolable pipes are flexible pipes manufactured using polymeric materials reinforced with carbon and glass fibers. They can be wound on a reel and provide ease in installation and transportation. They are commonly available in composite and reinforced thermoplastic variants. Spoolable pipes are widely used in the production of gathering lines, jumpers, subsea flowlines, directional drilling, well intervention, and injection lines. They are also used for the transportation of refined and crude petroleum fuels, such as natural gas and oil, and other fuels, including slurry, sewage, and water. These pipes maintain structural integrity under extreme temperatures and exhibit excellent resistance to corrosion, erosion, pressure, and chemicals. Spoolable pipes also possess other beneficial properties, such as high fatigue resistance, enhanced flow rates, reduced maintenance costs, and fast commissioning.

Spoolable Pipes Market Trends:

The significant growth in the oil and gas industry across the globe is the key factor driving the market growth. Spoolable pipes are widely used for the transportation of crude oil and natural gas due to their low maintenance and installation properties. In line with this, the widespread product adoption in gas gathering lines is favoring the market growth. Moreover, various technological advancements, such as the development of complementary spoolable composite pipe technology for enhancing performance at high loads, are providing a considerable boost to the market growth. In addition to this, the increasing utilization of spoolable pipes in water distribution, mining, and water treatment on account of resistance to contamination and the minimized risks of microbial contamination is positively impacting the market growth. Apart from this, the increasing demand for fiber-reinforced spoolable pipes and the widespread product adoption for the renovation and repair of traditional piping systems are anticipated to create a positive outlook for the market.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global spoolable pipes market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on matrix type, reinforcement type, application and sales channel.

Breakup by Matrix Type:

  • Thermoplastics
  • Thermosets

Breakup by Reinforcement Type:

  • Glass Fiber-Reinforced Spoolable Pipe
  • Carbon Fiber-Reinforced Spoolable Pipe
  • Steel-Reinforced Spoolable Pipe
  • Others

Breakup by Application:

  • Onshore
  • Offshore
  • Downhole
  • Others

Breakup by Sales Channel:

  • Direct Sales
  • Distributors

Breakup by Region:

North America

  • United States
  • Canada

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others

Europe

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others

Latin America

  • Brazil
  • Mexico
  • Others

Middle East and Africa


Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Baker Hughes Company, FlexSteel Pipeline Technologies Inc., Future Pipe Industries, Hebei Heng An Tai Pipeline Co. Ltd, Magma Global Ltd. (TechnipFMC plc), NOV Inc., Pipelife International Gmbh (Wienerberger AG), Shawcor Ltd., Smartpipe Technologies and Strohm B.V.

Key Questions Answered in This Report

1. What was the size of the global spoolable pipes market in 2022?
2. What is the expected growth rate of the global spoolable pipes market during 2023-2028?
3. What has been the impact of COVID-19 on the global spoolable pipes market?
4. What are the key factors driving the global spoolable pipes market?
5. What is the breakup of the global spoolable pipes market based on the matrix type?
6. What is the breakup of the global spoolable pipes market based on the application?
7. What are the key regions in the global spoolable pipes market?
8. Who are the key players/companies in the global spoolable pipes market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Spoolable Pipes Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Matrix Type
6.1 Thermoplastics
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Thermosets
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Reinforcement Type
7.1 Glass Fiber-Reinforced Spoolable Pipe
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Carbon Fiber-Reinforced Spoolable Pipe
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Steel-Reinforced Spoolable Pipe
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Application
8.1 Onshore
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Offshore
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Downhole
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Sales Channel
9.1 Direct Sales
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Distributors
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Baker Hughes Company
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 FlexSteel Pipeline Technologies Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Future Pipe Industries
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Hebei Heng An Tai Pipeline Co. Ltd
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Magma Global Ltd. (TechnipFMC plc)
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 NOV Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Pipelife International Gmbh (Wienerberger AG)
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Shawcor Ltd.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Smartpipe Technologies
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Strohm B.V.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
List of Figures
Figure 1: Global: Spoolable Pipes Market: Major Drivers and Challenges
Figure 2: Global: Spoolable Pipes Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Spoolable Pipes Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Spoolable Pipes Market: Breakup by Matrix Type (in %), 2022
Figure 5: Global: Spoolable Pipes Market: Breakup by Reinforcement Type (in %), 2022
Figure 6: Global: Spoolable Pipes Market: Breakup by Application (in %), 2022
Figure 7: Global: Spoolable Pipes Market: Breakup by Sales Channel (in %), 2022
Figure 8: Global: Spoolable Pipes Market: Breakup by Region (in %), 2022
Figure 9: Global: Spoolable Pipes (Thermoplastics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Spoolable Pipes (Thermoplastics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Spoolable Pipes (Thermosets) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Spoolable Pipes (Thermosets) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Spoolable Pipes (Glass Fiber-Reinforced Spoolable Pipe) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Spoolable Pipes (Glass Fiber-Reinforced Spoolable Pipe) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Spoolable Pipes (Carbon Fiber-Reinforced Spoolable Pipe) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Spoolable Pipes (Carbon Fiber-Reinforced Spoolable Pipe) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Spoolable Pipes (Steel-Reinforced Spoolable Pipe) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Spoolable Pipes (Steel-Reinforced Spoolable Pipe) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Spoolable Pipes (Other Reinforcement Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Spoolable Pipes (Other Reinforcement Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Spoolable Pipes (Onshore) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Spoolable Pipes (Onshore) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Spoolable Pipes (Offshore) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Spoolable Pipes (Offshore) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Spoolable Pipes (Downhole) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Spoolable Pipes (Downhole) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Spoolable Pipes (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Spoolable Pipes (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Spoolable Pipes (Direct Sales) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Spoolable Pipes (Direct Sales) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Spoolable Pipes (Distributors) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Spoolable Pipes (Distributors) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: North America: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: North America: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: United States: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: United States: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Canada: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Canada: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Asia-Pacific: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Asia-Pacific: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: China: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: China: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Japan: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Japan: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: India: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: India: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: South Korea: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: South Korea: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Australia: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Australia: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Indonesia: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Indonesia: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Others: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Others: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Europe: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Europe: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Germany: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Germany: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: France: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: France: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: United Kingdom: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: United Kingdom: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Italy: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Italy: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Spain: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Spain: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Russia: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Russia: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Others: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Others: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Latin America: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Latin America: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Brazil: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Brazil: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Mexico: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Mexico: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Others: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Others: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Middle East and Africa: Spoolable Pipes Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Middle East and Africa: Spoolable Pipes Market: Breakup by Country (in %), 2022
Figure 81: Middle East and Africa: Spoolable Pipes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Global: Spoolable Pipes Industry: SWOT Analysis
Figure 83: Global: Spoolable Pipes Industry: Value Chain Analysis
Figure 84: Global: Spoolable Pipes Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Spoolable Pipes Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Spoolable Pipes Market Forecast: Breakup by Matrix Type (in Million US$), 2023-2028
Table 3: Global: Spoolable Pipes Market Forecast: Breakup by Reinforcement Type (in Million US$), 2023-2028
Table 4: Global: Spoolable Pipes Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Spoolable Pipes Market Forecast: Breakup by Sales Channel (in Million US$), 2023-2028
Table 6: Global: Spoolable Pipes Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Spoolable Pipes Market: Competitive Structure
Table 8: Global: Spoolable Pipes Market: Key Players

Companies Mentioned

  • Baker Hughes Company
  • FlexSteel Pipeline Technologies Inc.
  • Future Pipe Industries
  • Hebei Heng An Tai Pipeline Co. Ltd
  • Magma Global Ltd. (TechnipFMC plc)
  • NOV Inc.
  • Pipelife International Gmbh (Wienerberger AG)
  • Shawcor Ltd.
  • Smartpipe Technologies
  • Strohm B.V.

Methodology

Loading
LOADING...

Table Information