Composites in Oil and Gas Industry Market - By Resin Type , By Fiber Type , By Application & By Geography - Forecast (2024 - 2030)

Report Code: CMR 0658 Report Format: PDF + Excel
Composites in Oil and Gas Industry Market Size is forecast to reach $ 2,600 Million by 2030, at a CAGR of 5.10% during forecast period 2024-2030.The global Composites in Oil & Gas Industry Market is projected to spread at a substantial pace in the near future. Increasing demand for oil exploration and drilling is fueling the growth of this market where the composites of oil and gas play an important role in exploring the oil. 
 
What are composites in oil and gas industry?
 
Composites in oil and gas industry are recognized as an enabling technology deep water drilling conditions. These composites widely used because of their ability stand up to the harsh subsea environment enables oil and gas explorers retrieve reserves at deeper sea-floor depths. 
 
What are the applications of composites in oil& gas?
 
Oil and gas composites are extensively used in various industries due to their unique properties, which make them fit for demanding applications in the oil & gas industry.
 
Glass-Fiber reinforced polymer (GFRP) of oil and gas composites are used in in piping systems for different applications such as desalination, oil exploration, chemical plants, dredging and fire mains.
Oil and gas composites have gained recognition in fossil fuel sector where corrosion resistance, low weight and performance in difficult high- pressure conditions help in saving money.
 
Market Research and Market Trends of Composites in Oil & Gas Industry Market
  • There has been massive progress in the fields of fluid management and pipe work. Composites replacing the steel piping in backport applications has been the major driver of composites in oil and gas industry market.
  • Replacements of corrosion- resistant metals with composites in manufacturing risers, tubing help industries witness the cost cutting in their operations. The market is also being propelled by new, safe, reliable and cost effective construction which can withstand severe condition when offshore. 
Who are the Major Players Composites in Oil & Gas Industry Market?
 
The companies referred to in the market research report include Creative Composites Ltd., National Composites Center, Pipex Limited, Solent Composite Systems Ltd, CIP Composites, Magnum Oil Tools, Forum Energy Technologies, GE Oil & Gas, Magma Global Limited and other players who contribute to the growth of this market.
 
What is our report scope?
 
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2024-2030.
 
All our reports are customizable to your company needs to a certain extent, we do provide 20 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
 
Key Takeaways from this Report
  • Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
  • Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
  • Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.
  • Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes. 
  • Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years. 
  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market. 

Key Market Players:

The Top 5 companies in the Composites in Oil and Gas Industry Market are:

  1. SLB
  2. Halliburton Company
  3. NOV inc.
  4. Vello Nordic AS
  5. Toray Advanced Composites

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  1. Composites in Oil and Gas Industry Market - Overview
      1.1. Definitions and Scope
  2. Composites in Oil and Gas Industry Market - Executive summary
      2.1. Market Revenue, Market Size and Key Trends by Company
      2.2. Key Trends by type of Application
      2.3. Key Trends segmented by Geography
  3. Composites in Oil and Gas Industry Market 
      3.1. Comparative analysis
            3.1.1. Product Benchmarking - Top 10 companies
            3.1.2. Top 5 Financials Analysis
            3.1.3. Market Value split by Top 10 companies
            3.1.4. Patent Analysis - Top 10 companies
            3.1.5. Pricing Analysis 
  4. Composites in Oil and Gas Industry Market – Startup companies Scenario Premium
      4.1. Top 10 startup company Analysis by
            4.1.1. Investment
            4.1.2. Revenue
            4.1.3. Market Shares
            4.1.4. Market Size and Application Analysis
            4.1.5. Venture Capital and Funding Scenario
  5. Composites in Oil and Gas Industry Market – Industry Market Entry Scenario Premium
      5.1. Regulatory Framework Overview
      5.2. New Business and Ease of Doing business index
      5.3. Case studies of successful ventures
      5.4. Customer Analysis – Top 10 companies
  6. Composites in Oil and Gas Industry Market Forces
      6.1. Drivers
      6.2. Constraints
      6.3. Challenges
      6.4. Porters five force model
            6.4.1. Bargaining power of suppliers
            6.4.2. Bargaining powers of customers
            6.4.3. Threat of new entrants
            6.4.4. Rivalry among existing players
            6.4.5. Threat of substitutes 
  7. Composites in Oil and Gas Industry Market -Strategic analysis
      7.1. Value chain analysis
      7.2. Opportunities analysis
      7.3. Product life cycle
      7.4. Suppliers and distributors Market Share
  8. Composites in Oil and Gas Industry Market – By Resin Type (Market Size -$Million / $Billion)
      8.1. Market Size and Market Share Analysis 
      8.2. Application Revenue and Trend Research
      8.3. Product Segment Analysis
            8.3.1. Epoxy
            8.3.2. Polyester
            8.3.3. Phenolic 
  9. Composites in Oil and Gas Industry Market – By Fiber Type (Market Size -$Million / $Billion)
      9.1. Glass
            9.1.1. E Glass
            9.1.2.  S Glass
      9.2. Carbon 
      9.3. Steel
      9.4. Aluminum
  10. Composites in Oil and Gas Industry Market – By Application (Market Size -$Million / $Billion)
      10.1. Downstream
            10.1.1. Pipes
                    10.1.1.1. Spool able Pipes
                    10.1.1.2.  Fire-Water Piping
                    10.1.1.3. Draining System
                    10.1.1.4. Sewerage
      10.2. Upstream
            10.2.1. Hand Rails
            10.2.2. Cable Trays
            10.2.3. Ladders
            10.2.4. Decking
            10.2.5. Fixed Off-shore Platforms
                    10.2.5.1. Flooring
                              10.2.5.1.1. Fixed
                              10.2.5.1.2. Floating
      10.3. Midstream
            10.3.1. Flexible Tubes
                    10.3.1.1. Coiled
                    10.3.1.2. Uncoiled
            10.3.2. Caissons
            10.3.3. Pull Tubes
      10.4. Chemical processing
            10.4.1. Fluid Handling
            10.4.2.  Grids & Gratings
      10.5. Others
            10.5.1. Bridge Plugs
            10.5.2. Composite Pressure Cylinders
            10.5.3. Carbon Fiber Reinforced tethers
            10.5.4. Molded Frac Spheres 
  11. Composites in Oil and Gas Industry - By Geography (Market Size -$Million / $Billion)
      11.1. Composites in Oil and Gas Industry Market - North America Segment Research
      11.2. North America Market Research (Million / $Billion)
            11.2.1. Segment type Size and Market Size Analysis 
            11.2.2. Revenue and Trends
            11.2.3. Application Revenue and Trends by type of Application
            11.2.4. Company Revenue and Product Analysis
            11.2.5. North America Product type and Application Market Size
                    11.2.5.1. U.S.
                    11.2.5.2. Canada 
                    11.2.5.3. Mexico 
                    11.2.5.4. Rest of North America
      11.3. Composites in Oil and Gas Industry - South America Segment Research
      11.4. South America Market Research (Market Size -$Million / $Billion)
            11.4.1. Segment type Size and Market Size Analysis 
            11.4.2. Revenue and Trends
            11.4.3. Application Revenue and Trends by type of Application
            11.4.4. Company Revenue and Product Analysis
            11.4.5. South America Product type and Application Market Size
                    11.4.5.1. Brazil  
                    11.4.5.2. Venezuela
                    11.4.5.3. Argentina
                    11.4.5.4. Ecuador
                    11.4.5.5. Peru
                    11.4.5.6. Colombia 
                    11.4.5.7. Costa Rica
                    11.4.5.8. Rest of South America
      11.5. Composites in Oil and Gas Industry - Europe Segment Research
      11.6. Europe Market Research (Market Size -$Million / $Billion)
            11.6.1. Segment type Size and Market Size Analysis 
            11.6.2. Revenue and Trends
            11.6.3. Application Revenue and Trends by type of Application
            11.6.4. Company Revenue and Product Analysis
            11.6.5. Europe Segment Product type and Application Market Size
                    11.6.5.1. U.K  
                    11.6.5.2. Germany 
                    11.6.5.3. Italy 
                    11.6.5.4. France
                    11.6.5.5. Netherlands
                    11.6.5.6. Belgium
                    11.6.5.7. Spain
                    11.6.5.8. Denmark
                    11.6.5.9. Rest of Europe
      11.7. Composites in Oil and Gas Industry – APAC Segment Research
      11.8. APAC Market Research (Market Size -$Million / $Billion)
            11.8.1. Segment type Size and Market Size Analysis 
            11.8.2. Revenue and Trends
            11.8.3. Application Revenue and Trends by type of Application
            11.8.4. Company Revenue and Product Analysis
            11.8.5. APAC Segment – Product type and Application Market Size
                    11.8.5.1. China 
                    11.8.5.2. Australia
                    11.8.5.3. Japan 
                    11.8.5.4. South Korea
                    11.8.5.5. India
                    11.8.5.6. Taiwan
                    11.8.5.7. Malaysia
  12. Composites in Oil and Gas Industry Market - Entropy
      12.1. New product launches
      12.2. M&A's, collaborations, JVs and partnerships
  13. Composites in Oil and Gas Industry Market – Industry / Segment Competition landscape Premium
      13.1. Market Share Analysis
            13.1.1. Market Share by Country- Top companies
            13.1.2. Market Share by Region- Top 10 companies
            13.1.3. Market Share by type of Application – Top 10 companies
            13.1.4. Market Share by type of Product / Product category- Top 10 companies
            13.1.5. Market Share at global level- Top 10 companies
            13.1.6. Best Practises for companies
  14. Composites in Oil and Gas Industry Market – Key Company List by Country Premium
  15. Composites in Oil and Gas Industry Market Company Analysis
      15.1. Market Share, Company Revenue, Products, M&A, Developments
      15.2. National Composites Center
      15.3. Pipex Limited
      15.4. Solent Composite Systems Ltd
      15.5. CIP Composites
      15.6. Magnum Oil Tools
      15.7. Forum Energy Technologies
      15.8. GE Oil & Gas
      15.9. Magma Global Limited 
      15.10. Creative Composites Ltd.
      15.11. Company 10 and more
  "*Financials would be provided on a best efforts basis for private companies"
  16. Composites in Oil and Gas Industry Market -Appendix
      16.1. Abbreviations
      16.2. Sources
  17. Composites in Oil and Gas Industry Market -Methodology Premium
      17.1. Research Methodology
            17.1.1. Company Expert Interviews
            17.1.2. Industry Databases
            17.1.3. Associations
            17.1.4. Company News
            17.1.5. Company Annual Reports
            17.1.6. Application Trends
            17.1.7. New Products and Product database
            17.1.8. Company Transcripts
            17.1.9. R&D Trends
            17.1.10. Key Opinion Leaders Interviews
            17.1.11. Supply and Demand Trends