North America Spoolable Pipe Market 2024–2033

Reports Description

According to current market research conducted by the CMI Team, the North American spoolable Pipe Market is expected to record a CAGR of 7.36% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 740 Million. By 2033, the valuation is anticipated to reach USD 1319.92 Million.

Spoolable pipes are pipeline systems designed for easy installation and high durability. They consist of advanced composite materials containing polymers and reinforcement fibers of carbon, glass, or aramid. Mining is mostly conducted in rugged, remote areas where conventional piping systems become weak and eventually fail due to corrosion and physical damage.

Further, highly pressurized and temperature fluid streams are often transferred in any mining operation, which could occur in slurry transport and dewatering processes. Spoolable pipes reinforced with advanced materials can accomplish these demanding tasks within high-performance conditions.

North America Spoolable Pipe Market – Significant Growth Factors

The North America Spoolable Pipe Market presents significant growth opportunities due to several factors:

• Growing Demand in the Oil and Gas Industry: Spoolable pipes are widely used in the oil and gas industry. They find applications in upstream, midstream, and downstream areas. The flexible, corrosion-resistant, and easy-to-install spoolable pipe drives oil and gas markets.

• Rising Investment in Water and Wastewater Management: Spoolable pipes are resistant to corrosion and highly flexible. Significant infrastructure growth, urbanisation, and rising environmental concerns have driven the demand for water and wastewater management, a key driver for the spoolable pipes market.

• Increasing Demand in Mining and Chemical Industries: The mining and chemical processing industries require robust and reliable piping solutions. Spoolable pipes are used for transporting abrasive and corrosive materials. Their higher durability and resistance to harsh chemicals are driving their adoption across these industries.

• Stricter Environmental Regulations: Controls focusing on reducing the environmental footprint and working safely encourage high-pressure piping solutions. The resistance to leaks and corrosion of spoolable pipes aligns with regulatory requirements; thus, this type of piping has become the preferred choice in regulated industries.

• Rising Investment in Infrastructure Projects: Governments and private organizations have spent more on the renewal and expansion of infrastructure for pipeline oil, gas, water, and wastewater. Due to their easy installation and long-term dependability, spoolable pipes generate higher demand.

• Replacement of Aging Infrastructure: Countries in North America are struggling with the deficit of pipeline replacement and upgrading, looking for alternatives to older metal pipelines, and spoolable pipe happens to be a modern, reliable option to meet the shortcomings of the old ones.

• Better Material Properties: New composite materials, like glass fiber and carbon fiber-reinforced plastics, have been created. These materials have much better properties, like not rusting, high strength-to-weight ratios, and flexibility, making them perfect for spoolable pipes in high demand in the oil and gas and water treatment industries.

North America Spoolable Pipe Market – Mergers and Acquisitions

The North America Spoolable Pipe Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the North America Spoolable Pipe Market include:

• In November 2023, Baker Hughes launched its PythonPipe portfolio, a new range of reinforced thermoplastic pipe (RTP) technology. The portfolio offers faster installation, reduced production time, and lower lifecycle emissions. It includes American Petroleum Institute 15s qualified, flexible, and non-metallic RTP with various sizes, materials, and liner options.

• In January 2023, Cactus, Inc. agreed to acquire FlexSteel Technologies Holdings and its affiliates by merging with its holding company, HighRidge Resources, Inc., and Atlas Merger Sub, LLC. FlexSteel is a market-leading manufacturer of spoolable pipe technologies, primarily purchased by customers during well production phases.

• In February 2021, Baker Hughes introduced a new onshore composite flexible pipe, reinforced thermoplastic, to address corrosion and cost of ownership issues in the energy, oil, gas, and industrial sectors. The flexible, lightweight pipe offers an economical and environmentally superior alternative to steel pipes.

These mergers and acquisitions helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the North America Spoolable Pipe Market. The trend is expected to continue as companies seek a competitive edge.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

North America Spoolable Pipe Market: Significant Threats

The North America Spoolable Pipe Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:

• High Initial Cost: Making a spoolable pipe is fairly higher than its alternatives. The standard manufacturing process technology and raw materials used produce the final product, thus allowing cost benefits. This high cost, therefore, limits their use in small projects with limited budgets.

• Poor Performance at Extreme Field Conditions: Spoolable pipes are flexible and very durable. Poor performance, however, happens at high temperatures or high pressures, which might often be seen as a widespread concern in the oil and gas industries, where steel pipes prevail because of their reliability and strength.

• Installation procedure: Although spoolable pipes are not as heavy as regular piping, the installation process is highly cumbersome and requires special techniques by expert laborers. This results in operational failures, costly repairs, and an escalation of the project cost due to special training and equipment.

• Non-Familiarity: Spoolable pipes, known for their flexibility, corrosion resistance, and low maintenance, might not be familiar to some users because of their lack of historical data and the confidence they bring in their long-term performance, which may make others hesitant to take a call on critical infrastructure projects.

Category-Wise Insights

By Product Type:

• Flexible Spoolable Pipe: Flexible spoolable pipes have been widely applied in the North American market regarding flexibility, ease of installation, and a wide range of applications. These pipes typically consist of advanced composite materials, such as thermoplastics reinforced with glass or carbon fibers, giving them a high strength-to-weight ratio, good flexibility, and high-pressure resistance.

• Rigid Spoolable Pipe: While rigid spoolable pipes are not as flexible as their flexible counterparts, they possess rigidity and dependability in a niche where flexibility is not entirely aspired to be. Such pipes are usually manufactured from high-strength composite materials that can withstand high pressures and last long.

By Reinforcement Type

• Fiber Reinforcement: These pipes retain a high strength-to-weight ratio and considerable flexibility, so they meet various applications that call for a high strength-to-weight ratio and could be flexible or stiff. Such pipes, reinforced with high-performance aramid and basalt fibers, exhibit good corrosion resistance, which is appropriate in hostile environments.

• Glass Reinforcement: Engineered glass-reinforced spoolable pipes are preferred due to their economic costs, lightweight, and chemical resistance. Such pipes are used in various industrial applications in the oil and gas, industrial, and agricultural irrigation systems, where glass reinforcement contributes to market growth.

• Carbon Reinforcement: Carbon-reinforced spoolable pipes possess outstanding strength, rigidity, and thermal stability, characteristic of high-performance products. Carbon fiber provides extraordinary reinforcement that ensures excellent mechanical properties for such pipes, which can sustain high pressure and stress conditions.

• Other Reinforcement: Other reinforcement types of spoolable pipes include a wide range of advanced materials that combine the unique properties of every application. These include aramid, basalt, and other composites that offer increased stability at elevated temperatures, increased abrasion resistance, and tensile strength.

• Steel Reinforcement: Steel-reinforced spoolable pipes are flexible and highly strong, therefore suitable for many applications such as oil and gas, mining, and heavy industrial processes. These pipes resist high pressures and impacts from the outside but are heavier and do not flex enough like a fiber-reinforced pipe. In such high-stress applications, these pipes become vital.

• Hybrid Reinforcement: Hybrid-reinforced spoolable pipes combine fibers and steel to achieve strength, flexibility, and durability. Hybrid reinforcement is suitable for complex projects like energy, industrial, and large-scale infrastructure because it provides flexibility in corrosion resistance and some load-carrying capacity.

By Application

• Onshore: The onshore application type is likely to dominate the market for spoolable pipes in North America, mainly because it is cost-effective, highly adaptable, more corrosion-resistant, and easy to deploy. The shale gas boom around the Marcellus and Permian basins has increased demand for spoolable pipes, and the expanding onshore energy infrastructure will continue to demand reliable piping solutions.

• Production and Gathering Lines: Spoolable pipes are used for production and gathering lines in all onshore applications. These lines are critical to oil and gas production because crude oil and natural gas need to be transported from the wellhead to processing facilities. The practicability of such operations, combined with the flexibility and corrosion resistance of spoolable pipes, prevents leaks and makes maintenance less probable.

• Injection Pipes: Spoolable pipes are primarily used as injection pipes during onshore operations. Tertiary injection conditions of high-pressure water, chemicals, or gases injected into the subsurface enhance oil recovery. Due to their resistance and durability, the spoolable pipes prove very reliable at high-pressure injection.

• Disposal Lines: Spoolable pipes offer an efficient, reliable solution for waste fluids from produced water and other by-products in oil and gas extraction. The ability to install spoolable pipes on reels makes installation in challenging locations easier because machines do the difficult lifting, handling, and placing. Corrosion Resistant: The key application for disposal lines is carrying highly saline and corrosive fluids. In this application, the corrosion-resistant properties of spoolable pipes are very important.

• Others: Other onshore applications of spoolable pipes include transporting various liquids and gases within industrial and agricultural sites. They are used in several processes where traditional steel or rigid pipes prove inefficient or costlier. Their versatility and ease of laying make them suitable for an enormous variety of onshore applications outside the oil and gas industry.

• Offshore: Offshore is North America’s next attractive application for spoolable pipes. Although offshore production share is lower than onshore, demand for spoolable pipes in offshore applications is growing quickly. Spoolable pipes provide the benefits of flexibility, corrosion resistance, and rapid installation, making them suitable for offshore projects.

• Flowlines: Spoolable pipes have gained immense importance in oil and gas transportation in offshore environments as they are flexible and corrosion resistant. Thus, pipe resistance increases to seawater’s pressures and corrosive nature to create long-term durability, so less replacement and maintenance are required.

• Jumpers: Spoolable pipes are very helpful for the offshore jumper in connecting the subsea structures with the flowlines. They permit flexibility in accommodating dynamic movements due to waves, currents, and operational activities. They are also lightweight, which makes them easy to handle and install in deep-water environments.

• Others: Spoolable pipes are best suited for employment in offshore structures supporting subsea equipment, umbilicals, and risers. They can be exposed to extreme pressure and corrosive action. Thus, they suit complex projects because of their easy installation.

• Downhole: Spoolable tubulars are used in every type of downhole operation in oil and gas, from hydraulic fracture to wellbore cleanout to fluid injection. They are the only tubular products suitable to withstand high pressures and temperatures deep below the Earth’s surface. Their flexibility allows them to track every bend in every wellbore, allowing hydraulic fracturing, wellbore cleaning, and fluid injection.

• Water: Spoolable pipes are widely used for transporting and managing water due to their resistance to corrosion and easy installation. They are used in municipal water supply networks, irrigation systems, and wastewater treatment plants. Due to their flexibility, spoolable pipes are routable around obstacles and have a long service life with minimal maintenance.

• Others: Other uses of spoolable pipes in North America include slurry transportation in mining activities and industrial processes that require safe and effective fluid and gas transport. Adaptability, high pressure, chemical resistance, and other qualities enable versatility in the spoolable pipe for industrial and commercial applications.

By End User

• Oil & Gas: The largest users in North America’s oil and gas sector primarily use spoolable pipes. They’re applied in transport operations used to transport oil, gas, and water. Pipes have better flexural properties, greatly improved corrosion resistance, and easy installation, making them competent for application in production lines, injection pipes, and flowlines. They also reduce costs while increasing production efficiency.

• Municipalities: Cities utilize spoolable pipes for water distribution and sewer management systems. Spoolable pipes are corrosion-resistant, have a long service life, and are flexible; hence, they are friendly to water transportation in the system without leakage.

• Mining: Spoolable pipes are utilized in mining applications to transport various materials. They are highly flexible and non-corrosive, making them ideal for mining applications.

• Chemical & Petrochemical: Spoolable pipes are very useful to the chemical and petrochemical industries since they don’t react to several chemicals and corrosive materials. They find application in transiting raw materials, intermediate, and final products manufactured in chemical industries. Durability and resistance to corrosion ensure long service life, minimization of quick replacements, and probable leakage. Safety and efficiency are improved.

• Food Processing: Spoolable pipes are crucial to the food processing industry because they carry hygienic transportation liquids such as water, beverages, and food products. These pipes do not react or corrode, so they do not contaminate, preserve the integrity of the food, and may be cleaned easily. They are flexible, easy to install in complex plants, and durable for reliable performance and long life.

• Others: Other end-users for spoolable pipes in North America include Construction, agriculture, and marine. In agriculture, spoolable pipes are used as a temporary water supply and drainage system source and for irrigation and transportation of fertilizers and other agrochemicals. Spoolable pipes have been used in ballast water management and underwater infrastructures in the marine industries.

Report Scope

North America Spoolable Pipe Market – Country Analysis

The North America Spoolable Pipe Market is segmented into various countries, including the United States and Canada. Here is a brief overview of each country:

• United States: The USA dominates the North American spoolable Pipe Market, driven by its vast oil and gas industry, significant infrastructure development, and diverse industrial applications. Applying hydraulic fracturing and horizontal drilling techniques in the oil and gas industry has increased the demand for spoolable pipes, as they can be used in harsh working conditions and high pressure.

• Canada: Another vital market for spoolable pipes in North America is Canada, whose strong oil and gas industry, coupled with huge extractive natural resource activities, makes this country another location of great importance. Moreover, the country’s emphasis on sustainable development and protection of the environment also has a bearing on advanced piping solutions. Furthermore, oil sands in Alberta and other crucial oil and gas deposits make this sector an enormous market activator for North America Spoolable Pipe Market in Canada. Owing to extreme climatic conditions and the isolation of extraction sites, piping solutions must be resistant to the climate and effortless in transportation and setting.

Competitive Landscape: North America Spoolable Pipe Market

The North America Spoolable Pipe Market is highly competitive, with many manufacturers and retailers operating across North America. Some of the key players in the market include:

• Baker Hughes
• Flowlines
• Future Pipe Industries
• Hitech Piping Ltd.
• Jumpers
• Magma Global Limited
• Mattr Corporation
• National Oilwell Varso
• NOV Inc.
• Polyflow LLC.
• Smartpipe Technologies
• Soluforce
• Strohm
• Titeflex Corporation
• Others

These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships.

New players entering the North America Spoolable Pipe Market are adopting innovation and development to differentiate themselves and gain traction. These players often focus on adopting advanced materials, such as new market players developing spoolable pipes made from advanced composite materials that enhance durability, flexibility, and resistance to harsh environmental conditions.

There is a growing emphasis on developing eco-friendly spoolable pipes that are recyclable and have a lower environmental impact. New market entrants invest in sustainable materials and manufacturing processes to meet stringent environmental regulations and cater to the increasing demand for green solutions.

The North America Spoolable Pipe Market is segmented as follows:

By Product Type

• Flexible Spoolable Pipe
• Rigid Spoolable Pipe

By Reinforcement Type

• Fiber Reinforcement
  • Glass Reinforcement
  • Carbon Reinforcement
  • Other Reinforcement
• Steel Reinforcement
• Hybrid Reinforcement

By Application

• Onshore
  • Production and Gathering Lines
  • Injection Pipes
  • Disposal Lines
  • Others
• Offshore
  • Flowlines
  • Jumpers
  • Others
• Downhole
• Water
• Others

By End User

• Oil & Gas
• Municipalities
• Mining
• Chemical & Petrochemical
• Food Processing
• Others

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America