Albany, NY -- (SBWIRE) -- 08/18/2016 -- Flexible pipes are dynamic risers that are connected to subsea production equipment in topside facilities, which permit the flow of oil, gas, and water through them. Flexible pipes are also used on the seabed to tie wells and subsea equipment together. These pipes are largely used in the oil and gas industry, as they have an intrinsic property to reversibly soften on heating and harden on cooling. These pipes also offer distinctive properties, such as high thermal resistance, chemical inertness, superior mechanical properties, corrosion resistance, and excellent adhesion.

The global flexible pipes market for oil and gas industry to grow at a CAGR of 3.56% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global flexible pipes market for oil and gas industry for 2016-2020. To calculate the market size, the report considers the revenue generated through the sales of flexible pipe products by type such as HDPE, PA, PVDF, and others in the offshore and onshore applications.

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The market is divided into the following segments based on geography:
- APAC
- Central and South America
- Europe and Central Asia
- MEA
- North America

Technavio's report, Global Flexible Pipes Market for Oil and Gas Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Airborne Oil & Gas
- General Electric Oil and Gas
- National Oilwell Varco (NOV)
- SoluForce
- Technip

Other prominent vendors
- ContiTech AG
- DeepFlex
- FlexPipe Systems
- FlexSteel Pipeline Technologies
- Prysmian

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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