The oil & gas industry is the drivetrain for a majority of economies across the world. Over the past half-decade, extensive investments in oil & gas projects have been observed across regions. Irreplaceable and extensively used refined products have spiked demand for the oil & gas across regions, cascading the effect to the demand for reinforced thermoplastic pipes.
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Despite decline in demand for crude oil in FY2020, which affected investments in the production of reinforced thermoplastic pipes, demand is anticipated to spike post Q3 of FY2021. Strong supply-side winds are expected to turn the tables towards the perkier side and provide a long-term wave to the market for reinforced thermoplastic pipes (RTP).
As per Fact.MR analysis, the global reinforced thermoplastic pipes market is set to expand at a healthy CAGR of more than 5% over the forecast period of 2024 to 2031.
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Market Segmentation
Fact.MR has studied the RTP market with detailed segmentation on the basis of pipe size, classification, reinforcement material, end use, and key regions.
| Pipe Size |
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| Classification |
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| Reinforcement Material |
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| End Use |
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| Region |
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“This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized d and prohibited.”
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Analysis on Market Size Evaluation
The market has been analyzed for each market segment in terms of volume (Kilo meters) and value (US$ Mn).
Market estimates at global and regional levels are available in terms of “US$ Mn” for value and in “Kilometers” for volume. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution of reinforced thermoplastic pipes.
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Inspected Assessment on Regional Segments
Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of market during the forecast period.
Country-specific valuation on demand for reinforced thermoplastic pipes has been offered for each regional market, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.
Detailed breakup in terms of value and volume for emerging countries has also been included in the report.
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In-depth Analysis on Competitive Landscape
The report sheds light on the leading manufacturers of reinforced thermoplastic pipes, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of reinforced thermoplastic pipes has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.
Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the market. Prominent companies operating in the market include National Oilwell Varco, Inc. TechnipFMC, Shawcor Ltd., Baker Hughes a GE Company, Wienerberger AG, Saudi Arabian Amiantit Co, H.A.T-Flex Group, Cosmoplast, MFX DO BRASIL EQUIPAMENTOS DE PETROLÉO LTDA., Christensen Roder Argentina S.A., Master Tech Company (MTC), and PES.TEC.
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