Global Reinforced Thermoplastic Pipes (RTP) Market, By Size (< 2”, 2 – 5”, > 5”), By Inner L

Published Date: | Report Code : MT1958313

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Growing demand from end-use industry applications in developing regions and promotion of application specific grades by companies is expected to drive the Reinforced Thermoplastic Pipes (RTP) Market during the forecast period. This market has witnessed number of key developments in terms of application specific grade developments and strategic investments in emerging regions by companies to strengthen their market position in the global market. Some of the other key factors governing the market dynamics include regulatory scenario, exchange rates, environmental constraints, and so on. All these factors are expected to have a significant impact on the dynamics of Reinforced Thermoplastic Pipes (RTP) Market during the forecast period. 

Strengthened thermoplastic tubes are high-pressure tubes produced of synthetic fiber of high strength. There are three stages in them. The top coating is usually colored white or black and gives UV security. The intermediate layer consists of reinforced tape, which is compounded by reinforced material such as polyester and aramid fiber. The following coating is a coating of protection. Also recognized as elastic composite tubes are reinforced thermoplastic tubes. They give characteristics such as thermal insulation, heat resistance, corrosion resistance, strength to heavy stress, and flexible.

In oil and gas flow lines, water or fluid delivery networks, water injection routes, and other apps, reinforced thermoplastic tubes are used. A significant petroleum and gas drop happens in the petroleum & gas sector owing to pipeline breakdown and deterioration. The sector has therefore shifted to cost-effective tubes that can maintain corrosive conditions with high pressure to prevent these failures. In air transmission rows and delivery networks, reinforced thermoplastic tubes are also favored.

The recovery of oil & gas rates, combined with a rapid increase in petroleum & gas supply from end-use sectors such as chemicals and plastic & electronics, are the main variables that promote the development of the petroleum & gas sector. With this continuous regeneration of the oil & gas sector, several companies emphasize the development of fresh installations and the closure of earlier scheduled manufacturing installations that were withheld during the era of downturn.

Key Factors Impacting Market Growth:
    • Increasing demand from the end use industry
    • Expanding industry of the offshore oil an gas
    • Restricting government regulations
    • High cost of installation

Regional Outlook 

The regional outlook section for reinforced thermoplastic pipes (RTP) market provides the region-wise market projections along with related market dynamics. In addition, this section provides further information about segments in the market on regional basis and country-wise outlook. Major regions considered in this report include North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and Rest of the World. North America and Western Europe have been traditional markets with sizeable demand for advanced materials from end-use industries. North America and Western Europe with an established industrial sector having substantial contribution towards respective economies are estimated to dominate overall demand by region. Some of the major industries in this region includes automotive, heavy engineering, building & construction,  aerospace & defense, mining, and so on. This industries are expected to register steady growth in North America and Western Europe region during the forecast period.  
Asia Pacific region is estimated to register highest CAGR with strong industrial and infrastructural growth. Some of the major economies, in the region include China, India, South Korea, Japan, Australia, and so on. In addition, favourable conditions for production activities in addition to the growing market demand has attracted global companies to make strategic investments in this region. Middle East and Eastern Europe with countries including UAE, Russia, Saudi Arabia, Turkey, and Qatar are expected to be potential markets with growth of industrial sector in the region. Rest of the World consisting of South America and Africa are estimated to be emerging regions for reinforced thermoplastic pipes (RTP) market during the forecast period. 

Companies Covered: Wienerberger AG, Bekaert, Harwal Group of Companies, TechnipFMC plc., Changchun gaoxiang Special Pipes Co., Ltd, Aerosun Corporation, Amiantit Group, Cosmoplast Industrial Company (LLC), Magma Global Limited, Pestec, Wellstream Flexibles (General Electric), Airborne Oil & Gas BV and CGH Belgium...

Market Segmentation:

By Size:
    • < 2”
    • 2 – 5”
    • > 5”

By Inner Layer Material :
    • Polyamide
    • Polyethylene (PE)
    • Other

By Material Type:
    • Aramid
    • Steel
    • Other

By Application:
    • Oil & Gas
        ◦ On shore
        ◦ Off Shore
    • Irrigation
    • Others

By Region:

    • North America
        ◦ By Country (US, Canada, Mexico)
        ◦ By Type
        ◦ By Application

    • Western Europe:
        ◦ By Country (Germany, UK, France, Spain, Rest of Western Europe)
        ◦ By Type
        ◦ By Application

    • Eastern Europe:
        ◦ By Country (Russia, Turkey, Rest of Eastern Europe)
        ◦ By Type
        ◦ By Application

    • Asia Pacific
        ◦ By Country (China, Japan, India, Rest of Asia Pacific)
        ◦ By Type
        ◦ By Application

    • Middle East:
        ◦ By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
        ◦ By Type
        ◦ By Application

    • Rest of the World
        ◦ By Region (Latin America, Brazil, Rest of the World)
        ◦ By Type
        ◦ By Application

Reasons To Buy This Report:

    • Market size estimation of the Reinforced Thermoplastic Pipes Market on a regional and global basis 
    • Unique research design for market size estimation and forecast 
    • Profiling of major companies operating in the market with key developments
    • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:
    • By Segment 
    • By Sub-segment 
    • By Region/Country
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