1. What is the projected Compound Annual Growth Rate (CAGR) of the Onshore Flexible Composite Pipe?
The projected CAGR is approximately 5.3%.
MR Forecast provides premium market intelligence on deep technologies that can cause a high level of disruption in the market within the next few years. When it comes to doing market viability analyses for technologies at very early phases of development, MR Forecast is second to none. What sets us apart is our set of market estimates based on secondary research data, which in turn gets validated through primary research by key companies in the target market and other stakeholders. It only covers technologies pertaining to Healthcare, IT, big data analysis, block chain technology, Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Energy & Power, Automobile, Agriculture, Electronics, Chemical & Materials, Machinery & Equipment's, Consumer Goods, and many others at MR Forecast. Market: The market section introduces the industry to readers, including an overview, business dynamics, competitive benchmarking, and firms' profiles. This enables readers to make decisions on market entry, expansion, and exit in certain nations, regions, or worldwide. Application: We give painstaking attention to the study of every product and technology, along with its use case and user categories, under our research solutions. From here on, the process delivers accurate market estimates and forecasts apart from the best and most meaningful insights.
Products generically come under this phrase and may imply any number of goods, components, materials, technology, or any combination thereof. Any business that wants to push an innovative agenda needs data on product definitions, pricing analysis, benchmarking and roadmaps on technology, demand analysis, and patents. Our research papers contain all that and much more in a depth that makes them incredibly actionable. Products broadly encompass a wide range of goods, components, materials, technologies, or any combination thereof. For businesses aiming to advance an innovative agenda, access to comprehensive data on product definitions, pricing analysis, benchmarking, technological roadmaps, demand analysis, and patents is essential. Our research papers provide in-depth insights into these areas and more, equipping organizations with actionable information that can drive strategic decision-making and enhance competitive positioning in the market.
Onshore Flexible Composite Pipe by Type (Glass Fiber, Carbon Fiber, Aramid Fiber), by Application (Oil and Gas, Water Distribution, Industrial, Other), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
The global onshore flexible composite pipe market, valued at approximately $4.204 billion in 2025, is projected to experience robust growth, driven by several key factors. The increasing demand for lightweight, corrosion-resistant, and durable pipelines in oil and gas extraction, water distribution networks, and various industrial applications is a significant catalyst. The rising adoption of flexible composite pipes offers significant advantages over traditional steel pipes, including reduced installation costs, enhanced operational efficiency, and improved environmental sustainability. Technological advancements in composite materials, particularly in fiber reinforcement and resin systems, are further contributing to market expansion. Growth is expected across various regions, with North America and Europe maintaining significant market shares due to established infrastructure and ongoing investments in pipeline modernization. However, the high initial cost of composite pipes compared to traditional alternatives and potential challenges related to long-term durability and maintenance remain as restraints. The market is segmented by fiber type (glass fiber, carbon fiber, aramid fiber) and application (oil and gas, water distribution, industrial, other). Leading companies like Technip, GE Oil & Gas, and others are actively investing in research and development, driving innovation and competition.
The projected Compound Annual Growth Rate (CAGR) of 5.3% from 2025 to 2033 indicates sustained market expansion. While challenges exist, the long-term outlook remains positive, fueled by the increasing preference for sustainable and efficient infrastructure solutions. The market is expected to witness increased adoption in emerging economies, particularly in Asia-Pacific, driven by infrastructure development and industrialization. The diversification of applications beyond traditional oil and gas sectors into water management and industrial uses further broadens the market potential. Competition among key players is anticipated to intensify, with a focus on product innovation, cost optimization, and strategic partnerships to secure market share and expand geographical reach. The market's future trajectory will be influenced by government regulations promoting sustainable infrastructure, technological advancements in composite materials, and the overall economic growth in key regions.
The global onshore flexible composite pipe market exhibited robust growth throughout the historical period (2019-2024), driven primarily by increasing demand from the oil and gas sector and a growing preference for lightweight, corrosion-resistant piping solutions. The market is expected to continue this upward trajectory, reaching an estimated value of XXX million units by 2025 and further expanding to XXX million units by 2033. This substantial growth is fueled by several factors including the rising investments in onshore oil and gas exploration and production, the expansion of water distribution networks in developing economies, and the increasing adoption of flexible composite pipes in various industrial applications. The shift towards sustainable infrastructure projects and stringent environmental regulations are also contributing to the market's expansion. While glass fiber currently dominates the market, the adoption of carbon fiber and aramid fiber pipes is steadily gaining traction due to their superior strength and durability. However, the market faces challenges including high initial investment costs, the need for specialized installation techniques, and concerns regarding long-term performance and durability in extreme environments. Despite these challenges, the ongoing technological advancements, the development of cost-effective manufacturing processes, and the increasing awareness of the benefits of flexible composite pipes are anticipated to drive market growth in the forecast period (2025-2033). The market is characterized by both established players and emerging companies, indicating a dynamic and competitive landscape. The report provides a detailed analysis of these trends and their impact on the market's future trajectory.
Several key factors are driving the growth of the onshore flexible composite pipe market. The burgeoning oil and gas industry, particularly onshore exploration and production activities, is a significant driver. Flexible composite pipes offer advantages in terms of weight, corrosion resistance, and ease of installation, making them particularly suitable for challenging terrains and harsh environments. The expansion of water distribution networks, especially in developing regions experiencing population growth and urbanization, is another key driver. These pipes offer a cost-effective and durable solution for transporting water, even in areas with limited infrastructure. The increasing use of flexible composite pipes in various industrial applications, including chemical processing, mining, and construction, further contributes to market growth. These pipes excel in handling corrosive or abrasive fluids, reducing maintenance costs and improving operational efficiency. Finally, government regulations promoting sustainable infrastructure and reducing environmental impact are pushing the adoption of eco-friendly materials, such as composite pipes, as a replacement for traditional metallic pipelines. This multifaceted demand is ensuring the long-term sustainability of the market's growth.
Despite the significant growth potential, several challenges and restraints hinder the widespread adoption of onshore flexible composite pipes. The high initial investment cost compared to traditional steel pipes remains a significant barrier, especially for smaller projects or companies with limited budgets. Specialized installation techniques and equipment are required, increasing the overall project cost and potentially delaying implementation timelines. Concerns about the long-term performance and durability of these pipes in extreme temperature variations, high pressure environments, and aggressive chemical exposure also need to be addressed. The lack of standardized testing and quality control protocols can lead to inconsistencies in product performance and reliability. Competition from established players in the traditional pipe market also poses a significant challenge. Finally, the limited awareness and understanding of the benefits of flexible composite pipes among some end-users can restrict market expansion. Addressing these challenges through technological innovations, improved cost-effectiveness, and increased awareness campaigns is crucial for fostering further market penetration.
The Oil and Gas application segment is expected to dominate the onshore flexible composite pipe market throughout the forecast period. The ever-increasing demand for oil and gas, coupled with the unique advantages of composite pipes in these challenging applications (corrosion resistance, lighter weight enabling easier transport and installation in remote areas, and flexibility to navigate difficult terrain), will fuel this segment’s growth. North America and the Middle East are projected to be the key regional markets, driven by robust oil and gas activities.
North America: This region benefits from significant investments in onshore oil and gas exploration and production, along with well-established infrastructure for pipe installation and maintenance. The regulatory environment also supports the adoption of more sustainable and efficient pipeline solutions.
Middle East: This region holds substantial reserves of oil and gas, leading to continuous investments in new pipeline projects and infrastructure upgrades. The need for reliable, durable and corrosion-resistant pipes in this region’s harsh climates boosts the demand for composite pipes.
Asia-Pacific: While currently a smaller market share compared to North America and the Middle East, the Asia-Pacific region is expected to witness significant growth due to increasing industrialization and infrastructure development. This is especially true in countries with rapidly expanding energy and water needs.
Within the material type segment, Glass Fiber currently holds the largest market share due to its lower cost compared to carbon fiber or aramid fiber. However, the usage of Carbon Fiber and Aramid Fiber pipes is projected to increase significantly, especially in high-performance applications requiring superior strength and durability, potentially leading to a shift in market share over the long term. The superior properties of carbon and aramid fibers justify their higher cost in demanding environments.
The onshore flexible composite pipe industry is poised for significant growth driven by technological advancements in material science, leading to lighter, stronger, and more cost-effective pipes. Furthermore, the growing awareness of environmental concerns and stringent regulations are pushing the adoption of eco-friendly materials, making composite pipes an attractive alternative to traditional steel pipes. The industry's growth is also propelled by increasing investments in infrastructure development, particularly in oil and gas and water distribution sectors, coupled with a growing preference for cost-effective, efficient, and low-maintenance pipeline solutions.
This report provides a comprehensive analysis of the onshore flexible composite pipe market, covering market size, segmentation, growth drivers, challenges, competitive landscape, and key industry developments. It offers valuable insights into market trends, future projections, and potential investment opportunities, serving as a crucial resource for industry stakeholders, investors, and researchers seeking a deep understanding of this dynamic and expanding market. The report's granular data and detailed analysis empower informed decision-making and strategic planning within the onshore flexible composite pipe sector.
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 5.3% from 2019-2033 |
| Segmentation |
|




Note*: In applicable scenarios
Primary Research
Secondary Research

Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 5.3%.
Key companies in the market include Technip, GE Oil & Gas, National Oilwell Varco, Shawcor, FlexSteel, SoluForce, Hengantai, Polyflow, LLC, Prysmian, Aerosun Corporation, Strohm, Future Pipe Industries, Amiantit Group, Airborne Oil & Gas, Magma Global.
The market segments include Type, Application.
The market size is estimated to be USD 4204 million as of 2022.
N/A
N/A
N/A
N/A
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3480.00, USD 5220.00, and USD 6960.00 respectively.
The market size is provided in terms of value, measured in million and volume, measured in K.
Yes, the market keyword associated with the report is "Onshore Flexible Composite Pipe," which aids in identifying and referencing the specific market segment covered.
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
To stay informed about further developments, trends, and reports in the Onshore Flexible Composite Pipe, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.