Lightweight Reinforced Thermoplastic Pipe Market Revenue Trends, Company Profiles, Revenue Share Analysis, 2021–2028

Increase in the adoption of RTPs in the oil and gas industry and the reduction in installation cost are key factors driving the market growth

In the latest report from Emergen Research, the market research report discusses the global Lightweight Reinforced Thermoplastic Pipe market in depth, and each of the major market segments is examined in depth. In addition to market information, the report provides industry statistics, regional market revenue shares, gross profits, production distribution costs, and product portfolios related to the global Lightweight Reinforced Thermoplastic Pipe market. There are also a number of factors influencing industry revenue growth identified in the report, including drivers, opportunities, trends, restraints, challenges, demand and supply ratios, production and consumption patterns, stringent regulatory frameworks, as well as a multitude of other micro- and macro-economic factors.

The global lightweight Reinforced Thermoplastic Pipe (RTP) market is expected to reach a market size of USD 9.63 Billion at a rapid CAGR of 6.8% during the forecast period, according to the latest analysis by Emergen Research. The rapid growth in the market can be attributed to the rise in the usage of RTPs in the oil and gas sector. Rapid and continuous innovations and technological advancements in the field of lightweight RTP also supports the rapid growth of the market. Increasing demand for pipes with superior temperature and pressure resistance is also a driving factor for growth of the market. Advantages of RTPs such as durability, corrosion resistance, low maintenance and low cost are the key factors contributing to the growth of the market. Being lightweight, RTPs require less man power and time for installation. This reduces the installation cost.

The report guides market participants, emerging players, and stakeholders on how to combat the COVID-19 pandemic. This report comprehensively analyzes the impact of the pandemic on the Lightweight Reinforced Thermoplastic Pipe market and its major segments. Additionally, the report also includes an analysis of the current and future impact of the pandemic on market growth.

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Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Lightweight Reinforced Thermoplastic Pipe market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Lightweight Reinforced Thermoplastic Pipe market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Lightweight Reinforced Thermoplastic Pipe market.

Competitive Terrain:

The global Lightweight Reinforced Thermoplastic Pipe industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

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Regional Landscape section of the Lightweight Reinforced Thermoplastic Pipe report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Companies Profiled in the Report are:

Cosmoplast, H.A.T-Flex, Saudi Aramco, National Oilwell Varco, OPR Offshore Pipelines Risers Inc., , Saudi Arabian Amiantit Co., , Shawcor, Wienerberger AG, Baker and Hughes, PES.TEC

Market Segmentations of the Lightweight Reinforced Thermoplastic Pipe Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the forecast period. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Lightweight Reinforced Thermoplastic Pipe market on the basis of product, application, and region:

Segments Covered in this report are:

  • Product type Outlook (Revenue, USD Billion; 2021–2028)

    • Metallic
    • Non-metallic
  • Reinforcement Type Outlook (Revenue, USD Billion; 2021–2028)

    • Dry Glass Fiber RTP
    • Aramid Tape RTP
    • Glass Fiber Epoxy Laminate RTP
    • Steel RTP
  • End-use Outlook (Revenue, USD Billion; 2021–2028)

    • Water Wastewater
    • Oil Gas
    • Mining and Others

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Lightweight Reinforced Thermoplastic Pipe market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others

The report addresses the following key points:

  • The report provides a forecast of market drivers, restraints, and future opportunities for the Lightweight Reinforced Thermoplastic Pipe market
  • The report further analyses the changing market dynamics
  • Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
  • Extensive competitive landscape mapping with profiles of the key competitors
  • In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
  • Revenue forecast, country scope, application insights, and product insights

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