Composite Pipes For Chemical Market
Composite Pipes For Chemical Market Scope:
Industry Analysis, Market Size, Growth, Trends Till
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Composite Pipes For Chemical Market Size and Growth
The Composite Pipes for Chemical market exhibits robust growth, driven by increasing demand for lightweight, corrosion-resistant solutions. The market size is projected to reach approximately $2.5 billion by 2025, with a CAGR of 6% due to expanding applications in the chemical industry and advancements in composite manufacturing technologies.
Companies Covered
(Covid 19 Impact Covered)
◍ National Oilwell Varco (NOV)
◍ TechnipFMC
◍ AMIBLU
◍ Farassan
◍ Future Pipe Industries (FPI)
◍ Baker Hughes
◍ SoluForce
◍ Strohm
◍ Butting Group
◍ The Japan Steel Works (JSW)
◍ NobelClad
◍ Proclad
◍ Inox Tech
◍ Gieminox
◍ Cladtek Holdings
◍ EEW Group
◍ Canadoil Group
The Composite Pipes for Chemical Market features companies like NOV, TechnipFMC, and AMIBLU, which provide innovative solutions for chemical transport. Their advancements enhance durability and reduce corrosion. For example:
- NOV: Approx. $7.5 billion revenue
- TechnipFMC: Approx. $5.9 billion revenue
- Baker Hughes: Approx. $22.1 billion revenue
These firms drive market growth through technology and customer solutions.
◍ Xinxing Ductile
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Market Segmentation
By Application
Liquid Transport
Gas Transport
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By Product
Clad Pipes
Non-metal Composite Pipe
$ 2610.00 Million
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