Flexible Pipes Market size is set to grow by USD 173.3 million from 2024-2028, Rising investment in upstream oil and gas activity boost the market, Technavio [Yahoo! Finance]
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Source: Yahoo! Finance
The market is estimated to grow at a CAGR of over 2.8% during the forecast period. Rising investment in upstream oil and gas activity is driving market growth, with a trend towards increased use of carbon composite to increase strength. However, fluctuation in crude oil prices poses a challenge. Key market players include BRUGG GROUP AG, CGH Belgium NV, Changchun Gaoxiang Special Pipe Co. Ltd., Chevron Phillips Chemical Co. LLC, Continental AG, Davis Standard LLC, FlexSteel Pipeline Technologies Inc., General Electric Co., Hebei Heng An Tai Pipeline Co. Ltd., MAGMA GLOBAL Ltd., Mattr Corp., NOV Inc., NV Bekaert SA, Prysmian Spa, Saudi Arabian Amiantit Co., Shandong Saigao Group Corp., Shell plc, Strohm B.V., TechnipFMC plc, and Wienerberger AG. Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report Flexible Pipes Market Scope Report Coverage Details Base year Historic period Forecast period Growth moment
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