What is Reinforced Thermoplastic Pipes?
Reinforced thermoplastic pipes (RTP) are pipes reinforced by high-strength materials, often synthetic fibers (such as glass, aramid, or carbon fiber) consist of three basic layers including a thermoplastic liner, helically wrapped continuous high-strength fiber reinforcement, and an external thermoplastic jacket. It is replacing steel in many applications such as oil and gas pipeline projects, because of its versatility and durability. The factors such as High Demand for Industrial Applications such as Transportation, Expansion in the Offshore Oil & Gas Industry and Stringent Government Rules and Regulations about Industrial Sector are the key drivers for the global Reinforced Thermoplastic Pipes market.
The market study is broken down by Type (Metallic RTP and Non-metallic RTP), by Application (Oil & Gas (Onshore and Off Shore), Irrigation and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA estimates that Vendors from Global will contribute to the maximum growth of Global Reinforced Thermoplastic Pipes market throughout the predicted period.
Wienerberger AG (Austria), N.V. Bekaert S.A. (Belgium), TechnipFMC plc (United Kingdom), Amiantit Group (Saudi Arabia), Cosmoplast Industrial Company (LLC) (United Arab Emirates), Aerosun Corporation (China), Strohm B.V. (Netherlands), CGH Belgium NV (Belgium), NOV Inc. (United States), Polyflow, LLC (United States), Changchun Gaoxiang Special Pipe Co., Ltd (China) and Harwal Group (United Arab Emirates) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Reinforced Thermoplastic Pipes market by Type, Application and Region.
On the basis of geography, the market of Reinforced Thermoplastic Pipes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Inner Layer Material, the sub-segment i.e. Polyamide will boost the Reinforced Thermoplastic Pipes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Size, the sub-segment i.e. < 2” will boost the Reinforced Thermoplastic Pipes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Reinforced Material Type, the sub-segment i.e. Aramid will boost the Reinforced Thermoplastic Pipes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- High Demand for Technologically Advanced Products
- High Demand for Industrial Applications such as Transportation, Expansion in the Offshore Oil & Gas Industry
- Stringent Government Rules and Regulations about Industrial Sector
- Growth in the OIl and Gas Industry
- Increasing Demand from End-users
- High Cost of Reinforced Thermoplastic Pipes
- Increasing Competition in the Market
Key Target AudienceReinforced Thermoplastic Pipes Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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