MarketsandMarkets forecasts the Flexible Pipe Market to grow from USD 880.8 million in 2016, and projected to reach USD 1,111.3 million by 2022, registering a CAGR of 4.0% from 2017 to 2022. The market growth is primarily attributed to the increase in oil & gas exploration activities, rise in demand for non-corrosive pipes, and acceptance of engineering-grade flexible materials. Moreover, rising growth of deep-water exploration coupled with technological advancement in drilling process are the key factors driving the global flexible pipe market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=132547188 By Raw material, High-density polyethylene (HDPE) to dominate the flexible pipe market between 2017-2022 HDPE is estimated to be the largest and fastest growing segment in the global flexible pipe market. HDPE-based flexible pipe is easy to install and also possess excellent physical properties that propels its demand in the gl...
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