Flexible Pipe Market Size is Forecast to Reach $900 Million by 2026
Flexible Pipe Market Size is Forecast to Reach $900 Million by 2026
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Flexible Pipe Market Size is Forecast to Reach $900 Million by 2026
Flexible Pipe Market Size is Forecast to Reach $900 Million by 2026
The rising growth of deep-water exploration activities and the growing technological advancement in the drilling process is supporting the market growth during the forecast period.
TechnipFMC (FTI) is picked for Karoon Patola project on the back of its widely-acclaimed technical expertise and ability to offer comprehensive and integrated solutions.
Share this article Share this article ResearchAndMarkets.com's offering. The market was valued at US$ 11.97 billion in 2019 and is projected to reach US$ 15.01 billion by 2027; it is expected to grow at a CAGR of 3.1% from 2020 to 2027. The US, Canada, and Mexico are major economies contributing to the offshore pipeline market in North America. North America is a developed region in terms of various factors such as modern technology, standard of living, and infrastructure. The region comprises ~14% of the crude oil and 6% of the natural gas reserves in the world. It supplies ~23% of oil an...