Composites in Oil and Gas Market By Size, Share, Trends, Growth, Forecast 2027

Summary

Report Description

Global composites in oil and gas industry market is projected to grow at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the increasing oil and gas drilling and exploration activities coupled with rising demand for non-corrosive and lightweight materials in the oil & gas industry. Composites are made by a mixture of epoxy, phenolic, or polymer, or aramid fibres. These are mainly incorporated in materials used for construction to endure corrosion, fatigue, and weight. These composites have the advantage of low weight, corrosion resistance, inexpensive installation that support their application in oil & gas industry. Rising use of glass-fibre reinforced polymer composites in fire mains, dredging, chemical plants, etc. as they can endure extremely corrosive materials at high temperatures and provide better operational capabilities are expected to fuel the growth of the global composites in oil & gas industry. Moreover, rising demand for non-corrosive as well as light-weight material, especially in developing countries are expected to further propel the growth of the global composites in oil & gas industry market.

The global composites in oil & gas market is segmented on the basis of fibre type, resin type, application, and region. Based on resin type, the market has been categorised into epoxy resin, phenolic resins, polyester resin, and others. The epoxy resin-based oil & gas composites is projected to dominate the market during the forecast period due to increasing growth of the hydraulic fracturing to extract natural gas from shale gas deposits. Based on application, the market has been segmented into pipes, top side applications, tanks and others. Others includes frac plugs and frac balls, accumulator bottles, flexible tubes, composite riders, etc. The market of other segment is expected to dominate the market over the next five years due to growing innovations, growing advancements in the production activities of the oil & gas industry etc. APAC region is projected to dominate the market over the next five years owing to rising demand for superior properties and increasing partnerships, agreements & contracts in the region.

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Some of the leading players in the global composites in oil and gas industry market are GE Oil & Gas, Airborne Oil & Gas, Strong well Corporation, Enduro Composites Inc., Schlumberger Limited, Halliburton, ZCL Composites, Vello Nordic as, National Oilwell Varco, Magma Global Limited, etc.

Attribute	Details
Historic Data	2017 – 2020
Estimated Year	2022
Forecast Period	2023 – 2027
Quantitative Units	Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027
Report coverage	Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends
Segments covered	· By Fibre Type · By Resin Type · By Application
Region scope	Asia Pacific; Europe & CIS; North America; South America; Middle East & Africa
Country scope	China, India, Japan, South Korea, Australia, Singapore, Malaysia, France, Germany, United Kingdom, Italy, Spain, United States, Mexico, Canada, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE, Qatar
Key companies profiled	GE Oil & Gas, Airborne Oil & Gas, Strong well Corporation, Enduro Composites Inc., Schlumberger Limited, Halliburton, ZCL Composites, Vello Nordic as, National Oilwell Varco, Magma Global Limited
Customization scope	10% free report customization with purchase. Addition or alteration to regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global composites in oil and gas industry market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Composites in Oil and Gas Industry Market, By Fibre Type:

Glass Fibre Composites
Carbon Fibre Composites

Composites in Oil and Gas Industry Market, By Resin Type:

Epoxy Resin
Phenolic Resins
Polyester Resin
Others

Composites in Oil and Gas Industry Market, By Application:

Pipes
Top Side Applications
Tanks
Others

Composites in Oil and Gas Industry Market, by Region:

Asia Pacific

China
India
Japan
South Korea
Australia
Singapore
Malaysia

Europe & CIS

France
Germany
United Kingdom
Italy
Spain

North America

United States
Mexico
Canada

South America

Brazil
Argentina
Colombia

Middle East and Africa

South Africa
Saudi Arabia
UAE
Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global composites in oil and gas industry market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Impact of COVID-19 on Global Composites in Oil and Gas Industry

5. Voice of Customer

5.1. Product Awareness

5.2. Product Pricing

5.3. Challenges & Unmet Needs

6. Global Composites in Oil and Gas Industry Market Overview

7. Global Composites in Oil and Gas Industry Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Fibre Type (Glass Fibre Composites and Carbon Fibre Composites)

7.2.2. By Resin Type (Epoxy Resin, Phenolic Resins, Polyester Resin and Others)

7.2.3. By Application (Pipes, Top Side Applications, Tanks and Others)

7.2.4. By Company

7.3. Market Attractiveness Index

8. Asia-Pacific Composites in Oil and Gas Industry Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Fibre Type

8.2.2. By Resin Type

8.2.3. By Country

8.3. Market Attractiveness Index

8.4. Asia-Pacific: Country Analysis

8.4.1. China Composites in Oil and Gas Industry Market Outlook

8.4.1.1. Market Size & Forecast

8.4.1.1.1. By Value & Volume

8.4.1.2. Market Share & Forecast

8.4.1.2.1. By Resin Type

8.4.1.3. Market Attractiveness Index

8.4.2. India Composites in Oil and Gas Industry Market Outlook

8.4.2.1. Market Size & Forecast

8.4.2.1.1. By Value & Volume

8.4.2.2. Market Share & Forecast

8.4.2.2.1. By Resin Type

8.4.2.3. Market Attractiveness Index

8.4.3. Japan Composites in Oil and Gas Industry Market Outlook

8.4.3.1. Market Size & Forecast

8.4.3.1.1. By Value & Volume

8.4.3.2. Market Share & Forecast

8.4.3.2.1. By Resin Type

8.4.3.3. Market Attractiveness Index

8.4.4. South Korea Composites in Oil and Gas Industry Market Outlook

8.4.4.1. Market Size & Forecast

8.4.4.1.1. By Value & Volume

8.4.4.2. Market Share & Forecast

8.4.4.2.1. By Resin Type

8.4.4.3. Market Attractiveness Index

8.4.5. Australia Composites in Oil and Gas Industry Market Outlook

8.4.5.1. Market Size & Forecast

8.4.5.1.1. By Value & Volume

8.4.5.2. Market Share & Forecast

8.4.5.2.1. By Resin Type

8.4.5.3. Market Attractiveness Index

8.4.6. Singapore Composites in Oil and Gas Industry Market Outlook

8.4.6.1. Market Size & Forecast

8.4.6.1.1. By Value & Volume

8.4.6.2. Market Share & Forecast

8.4.6.2.1. By Resin Type

8.4.6.3. Market Attractiveness Index

8.4.7. Malaysia Composites in Oil and Gas Industry Market Outlook

8.4.7.1. Market Size & Forecast

8.4.7.1.1. By Value & Volume

8.4.7.2. Market Share & Forecast

8.4.7.2.1. By Resin Type

8.4.7.3. Market Attractiveness Index

9. Europe & CIS Composites in Oil and Gas Industry Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Fibre Type

9.2.2. By Resin Type

9.2.3. By Country

9.3. Market Attractiveness Index

9.4. Europe: Country Analysis

9.4.1. France Composites in Oil and Gas Industry Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Value & Volume

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Resin Type

9.4.1.3. Market Attractiveness Index

9.4.2. Germany Composites in Oil and Gas Industry Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Value & Volume

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Resin Type

9.4.2.3. Market Attractiveness Index

9.4.3. United Kingdom Composites in Oil and Gas Industry Market Outlook

9.4.3.1. Market Size & Forecast

9.4.3.1.1. By Value & Volume

9.4.3.2. Market Share & Forecast

9.4.3.2.1. By Resin Type

9.4.3.3. Market Attractiveness Index

9.4.4. Italy Composites in Oil and Gas Industry Market Outlook

9.4.4.1. Market Size & Forecast

9.4.4.1.1. By Value & Volume

9.4.4.2. Market Share & Forecast

9.4.4.2.1. By Resin Type

9.4.4.3. Market Attractiveness Index

9.4.5. Spain Composites in Oil and Gas Industry Market Outlook

9.4.5.1. Market Size & Forecast

9.4.5.1.1. By Value & Volume

9.4.5.2. Market Share & Forecast

9.4.5.2.1. By Resin Type

9.4.5.3. Market Attractiveness Index

10. North America Composites in Oil and Gas Industry Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Fibre Type

10.2.2. By Resin Type

10.2.3. By Country

10.3. Market Attractiveness Index

10.4. North America: Country Analysis

10.4.1. United States Composites in Oil and Gas Industry Market Outlook

10.4.1.1. Market Size & Forecast

10.4.1.1.1. By Value & Volume

10.4.1.2. Market Share & Forecast

10.4.1.2.1. By Resin Type

10.4.1.3. Market Attractiveness Index

10.4.2. Mexico Composites in Oil and Gas Industry Market Outlook

10.4.2.1. Market Size & Forecast

10.4.2.1.1. By Value & Volume

10.4.2.2. Market Share & Forecast

10.4.2.2.1. By Resin Type

10.4.2.3. Market Attractiveness Index

10.4.3. Canada Composites in Oil and Gas Industry Market Outlook

10.4.3.1. Market Size & Forecast

10.4.3.1.1. By Value & Volume

10.4.3.2. Market Share & Forecast

10.4.3.2.1. By Resin Type

10.4.3.3. Market Attractiveness Index

11. South America Composites in Oil and Gas Industry Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value & Volume

11.2. Market Share & Forecast

11.2.1. By Fibre Type

11.2.2. By Resin Type

11.2.3. By Country

11.3. Market Attractiveness Index

11.4. South America: Country Analysis

11.4.1. Brazil Composites in Oil and Gas Industry Market Outlook

11.4.1.1. Market Size & Forecast

11.4.1.1.1. By Value & Volume

11.4.1.2. Market Share & Forecast

11.4.1.2.1. By Resin Type

11.4.1.3. Market Attractiveness Index

11.4.2. Argentina Composites in Oil and Gas Industry Market Outlook

11.4.2.1. Market Size & Forecast

11.4.2.1.1. By Value & Volume

11.4.2.2. Market Share & Forecast

11.4.2.2.1. By Resin Type

11.4.2.3. Market Attractiveness Index

11.4.3. Colombia Composites in Oil and Gas Industry Market Outlook

11.4.3.1. Market Size & Forecast

11.4.3.1.1. By Value & Volume

11.4.3.2. Market Share & Forecast

11.4.3.2.1. By Resin Type

11.4.3.3. Market Attractiveness Index

12. Middle East and Africa Composites in Oil and Gas Industry Market Outlook

12.1. Market Size & Forecast

12.1.1. By Value & Volume

12.2. Market Share & Forecast

12.2.1. By Fibre Type

12.2.2. By Resin Type

12.2.3. By Country

12.3. Market Attractiveness Index

12.4. MEA: Country Analysis

12.4.1. South Africa Composites in Oil and Gas Industry Market Outlook

12.4.1.1. Market Size & Forecast

12.4.1.1.1. By Value & Volume

12.4.1.2. Market Share & Forecast

12.4.1.2.1. By Resin Type

12.4.1.3. Market Attractiveness Index

12.4.2. Saudi Arabia Composites in Oil and Gas Industry Market Outlook

12.4.2.1. Market Size & Forecast

12.4.2.1.1. By Value & Volume

12.4.2.2. Market Share & Forecast

12.4.2.2.1. By Resin Type

12.4.2.3. Market Attractiveness Index

12.4.3. UAE Composites in Oil and Gas Industry Market Outlook

12.4.3.1. Market Size & Forecast

12.4.3.1.1. By Value & Volume

12.4.3.2. Market Share & Forecast

12.4.3.2.1. By Resin Type

12.4.3.3. Market Attractiveness Index

12.4.4. Qatar Composites in Oil and Gas Industry Market Outlook

12.4.4.1. Market Size & Forecast

12.4.4.1.1. By Value & Volume

12.4.4.2. Market Share & Forecast

12.4.4.2.1. By Resin Type

12.4.4.3. Market Attractiveness Index

13. Supply Chain Analysis

14. Market Dynamics

14.1. Drivers

14.2. Challenges

15. Market Trends & Developments

16. Policy & Regulatory Landscape

17. Competitive Landscape

17.1. Competition Outlook

17.2. Company Profiles (Top 10 Companies)

17.3. GE Oil & Gas

17.4. Airborne Oil & Gas

17.5. Strong well Corporation

17.6. Enduro Composites Inc.

17.7. Schlumberger Limited

17.8. Halliburton

17.9. ZCL Composites

17.10. Vello Nordic AS

17.11. National Oilwell Varco

17.12. Magma Global Limited,

18. Strategic Recommendations

Figures and Tables

Frequently asked questions

What are the driving factors for the Global Composites in Oil & Gas Industry Market?

Rising demand for better protection of buildings is expected to drive the global composites in oil & gas industry market.

What are the segments in the Global Composites in Oil & Gas Industry Market?

Global composites in oil & gas industry market is segmented into fibre type, resin type, application, and region.

Which segment is expected to dominate the Global Composites in Oil & Gas Industry Market?

Based on resin type, the epoxy resin segment is expected to register the highest growth in the global composites in oil & gas industry market.

Which are the major players in the Global Composites in Oil & Gas Industry Market?

GE Oil & Gas, Airborne Oil & Gas, Strong well Corporation, Enduro Composites Inc., Schlumberger Limited, Halliburton, ZCL Composites, Vello Nordic as, National Oilwell Varco, Magma Global Limited, etc. are the key players in the global composites in oil & gas industry market.

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