Global Composites in Oil and Gas Market Expected To Have An Industry Size And Share By 2018-2025

ResearchMoz presents professional and in-depth study of "Global Composites in Oil and Gas Sales Market Report 2018".

This report studies the global Composites in Oil and Gas market status and forecast, categorizes the global Composites in Oil and Gas market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

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It refers to composite materials used in oil & gas industry.
North America is the largest and fastest-growing market of composites in oil & gas industry.
The global Composites in Oil and Gas market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.

The major players covered in this report
Airborne Oil & Gas
Enduro Composites
GE Oil & Gas
Halliburton
Magma Global
National Oilwell Varco
Schlumberger
Strongwell
ZCL Composites

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
United States
Europe
China
Japan
Southeast Asia
India

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We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
Turkey
Rest of Middle East & Africa

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Fiber Type
Resin Type
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
Pipes
Tanks
Others

The study objectives of this report are:
To analyze and study the global Composites in Oil and Gas sales, value, status (2013-2017) and forecast (2018-2025);
To analyze the top players in North America, Europe, China, Japan, Southeast Asia and India, to study the sales, value and market share of top players in these regions.
Focuses on the key Composites in Oil and Gas players, to study the sales, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Composites in Oil and Gas are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders
Composites in Oil and Gas Manufacturers
Composites in Oil and Gas Distributors/Traders/Wholesalers
Composites in Oil and Gas Subcomponent Manufacturers
Industry Association
Downstream Vendors

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Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Composites in Oil and Gas market, by end-use.
Detailed analysis and profiles of additional market players.

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Composites in Oil and Gas Market : Competitive Dynamics & Global Outlook 2024

ResearchMoz presents professional and in-depth study of "Composites in Oil and Gas Market - Global Industry Analysis, Size, Share, Trends, and Forecast 2016 - 2024".

The oil & gas industry needs to meet certain technical, technological, and economic requirements. This is especially observed in materials employed in construction, which are expected to withstand corrosion, fatigue, and weight. These factors contribute to increased risk and cost of offshore projects.

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Composites are used due to their unique properties, which make them suitable for demanding applications in the oil & gas industry. They have the advantage of being low in weight, which eliminates the need for large and exorbitant buoyancy tanks. Composites are inexpensive to install, extremely corrosion-resistant, and well-suited to increased operating pressures.

Composites are made by matrix combination of different materials. The most commonly used composites are formed by combining epoxy, phenolic, or polymer (polyethylene, poly-vinyl-denefluoride, and polyamide) matrix with glass fibers, carbon fibers, or aramid fibers.

Composites in Oil and Gas Market: Applications

Glass-fiber reinforced polymer (GFRP) composites are used in piping systems for applications such as oil exploration, desalination, chemical plants, fire mains, dredging, and portable water. They enable the piping systems to withstand highly corrosive fluids at various temperatures, pressures, and in adverse weather and soil conditions.
Composite grinds/gratings perform better than traditional, metallic grinds/gratings, due to their superior properties under harsh environments in the chemical process industry. They are preferred due to their ability to overcome limitations with respect to weight, corrosion resistance, durability, and lifecycle costs.

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Composite ladders are stronger than wood or aluminum and they do not rot, corrode, or absorb water.

During the construction of a riser (a pipeline that connects the rig of water surface to the well bore at seabed), thermoplastic polymer matrix reinforced with glass or carbon fibers is used. This matrix is wound around its steel reinforcement, which drastically reduces its weight. In some cases, epoxy matrix reinforced with carbon fibers may be used.

In the construction of pipe systems for fluid transport and storage tanks, fiberglass composites are used. They are formed by combining polymer matrix (generally, epoxy matrix and vinyl ester matrix) with glass fibers.

Tubings are usually produced from GRE pipes or GRE pipes reinforced with carbon steel, which provide resistance to high pressure in down-hole applications.

Composites in Oil and Gas Market: Trends

There has been major advances in the fields of composite pipe work and fluid handling. Cost-cutting due to composites replacing steel piping in retrofit applications is a major driver for the market. Cost advantage can also be witnessed during the manufacturing process of risers, tubings, and storage and transport systems in offshore platforms when composites are used in place of expensive corrosion-resistant metals. Another important propellant for the market is amplified longevity of new, reliable, safe, and cost-effective construction, which can withstand severe conditions anticipated in an offshore environment.

Composites in Oil and Gas Market: Segmentation

In terms of matrix materials, the composites in oil and gas market can be segmented into six segments: epoxy, phenolic, polymers, glass fibers, carbon fibers, and aramid fibers.

Based on product type, the market has been divided into: glass reinforced plastic (GRP), glass reinforced epoxy resin (GRER), glass reinforced vinyl ester (GRVE), and reinforced thermoplastic (RTP).

In terms of application, the market has been segmented into: piping systems, grinds/gratings, ladders, flexible tubes, composite risers, and caissons & pull tubes.

Composites in Oil and Gas Market: Region-wise Outlook

In terms of volume, the U.S. and China are prominent consumers of composites. North America is likely to remain the key region owing to the rising number of natural gas infrastructure projects and growing awareness about advantages of composite materials in the region. The market in the region is expanding also due to the rise in demand for high-performance lightweight materials and new products developed using them.

Composites in Oil and Gas Market: Key Players

Key players operating in the composites in oil and gas market include Creative Composites Ltd., National Composites Center, Pipex Limited, and Solent Composite Systems Ltd., CIP Composites, Magnum Oil Tools, Forum Energy Technologies, GE Oil & Gas, and Magma Global Limited.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

    Market segments and sub-segments
    Market trends and dynamics
    Supply and demand
    Market size
    Current trends/opportunities/challenges
    Competitive landscape
    Technological breakthroughs
    Value chain and stakeholder analysis

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The regional analysis covers:

    North America (U.S. and Canada)
    Latin America (Mexico, Brazil, Peru, Chile, and others)
    Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
    Eastern Europe (Poland and Russia)
    Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
    Middle East and Africa (GCC, Southern Africa, and North Africa)

For More Information Kindly Contact:

ResearchMoz
Mr. Nachiket Ghumare,
90 State Street, Albany NY, United States - 12207
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
Follow us on LinkedIn @ http://bit.ly/1TBmnVG
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