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Research and Markets: Europe Offshore Pipeline Market Forecast to 2027 - COVID-19 Impact and Analysis - ResearchAndMarkets.com ResearchAndMarkets.com's offering. The Europe offshore pipeline market is expected to grow from US$ 4,959.17 million in 2019 to US$ 6,612.02 million by 2027; it is estimated to grow at a CAGR of 3.9% from 2020 to 2027. Increasing demand for natural gas and crude oil drives the growth of the Europe offshore pipeline market. The markets in the UK and Germany are presenting the most considerable growth. The robust surge in petrochemical demand in Europe resulted in incre...

Share: ResearchAndMarkets.com's offering. The MEA offshore pipeline market is expected to grow from US$ 1,399.63 million in 2019 to US$ 1,680.77 million by 2027; it is estimated to grow at a CAGR of 2.5 % from 2020 to 2027. Continuous improvements in flexible pipe technology accelerate the growth of the MEA offshore pipeline market. The offshore oil & gas industry for MEA region has been using flexible pipes since 1972. Since then, the demand for flexible pipes is steadily increasing and diversifying in recent years as operators are seeking operational efficiencies. Deeper water, higher press...