Revolutionary Energy Infrastructure: Global Flexible Pipeline Market Poised for Exponential Growth; According to TNR, The Niche Research

The global flexible pipe market is projected to grow at a CAGR of 3.73% during the forecast period (2024 – 2034).

Wilmington, Delaware, May 22, 2024 (GLOBE NEWSWIRE) — Flexible pipes, also known as flexible risers or flexible flowlines, are essential components in offshore oil and gas production systems. Unlike rigid pipes, which are inflexible and susceptible to damage in harsh environments, flexible pipes are designed to withstand high pressures, extreme temperatures and complex seabed conditions while allowing movement due to waves, currents and thermal expansion.

The flexible pipe market has experienced significant growth in recent years, driven by the expansion of offshore oil and gas exploration and production activities. As traditional reserves become increasingly difficult to access, companies are venturing into deeper waters and harsher environments, where flexible tubing offers distinct advantages over rigid alternatives. The increase in energy demand has led to an increase in offshore oil and gas exploration and production activities. Flexible pipes enable the development of fields located in deepwater and ultra-deepwater environments where traditional infrastructure is impractical or costly.

Global Flexible Pipe Market: Key Data Points

Market value in 2023

1332.93 million US dollars

Market Value Forecast 2034

1979.61 million US dollars

Growth rate


Historical date

2016 – 2022

Base year


Forecast data

2024 – 2034

Continuous innovations in materials science, manufacturing techniques and design capabilities have improved the performance and reliability of flexible tubing. Advanced polymers, such as thermoplastic resins and thermosets, are now used to create durable and corrosion-resistant pipe layers, extending the life of installations in challenging offshore conditions. Flexible pipes offer cost advantages over rigid alternatives in terms of installation, maintenance and operation. Their lightweight construction and ability to roll for transport and deployment reduce installation time and logistics costs. Additionally, their flexibility minimizes the need for complex support structures, further reducing overall project costs.

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With the increasing emphasis on environmental sustainability, the offshore industry is increasingly adopting flexible pipes for their minimal environmental footprint. Flexible risers and flow lines have lower carbon emissions during manufacture and installation than rigid pipes, and their flexibility reduces the risk of damage to marine ecosystems. The integration of digital technologies, such as sensors, data analytics and predictive maintenance software, is a growing trend in the flexible pipe market. Remote monitoring systems enable real-time monitoring of pipeline integrity, performance and condition, allowing operators to optimize maintenance schedules, minimize downtime and increase operational efficiency.

The integration of renewable energy sources, such as offshore wind and wave power, with traditional oil and gas infrastructure is driving innovation in the flexible pipe market. Flexible pipes are used to transport fluids, such as hydraulic fluids and electrical cables, to and from renewable energy installations, enabling the development of integrated energy systems. Subsea tiebacks, which involve connecting new wells to existing infrastructure, and open field developments, which involve revitalizing mature fields, represent lucrative opportunities for the flexible tubing market. Flexible pipes provide a cost-effective solution for extending the life of existing assets and maximizing hydrocarbon recovery from mature fields.

With an increasing number of offshore installations reaching the end of their operational lives, decommissioning activities represent a growing market for flexible pipes. Flexible pipes are used for the temporary transfer of fluids during decommissioning operations, facilitating the safe and efficient removal of equipment and infrastructure from the seabed. Emerging economies, particularly in Asia-Pacific and Latin America, offer significant growth opportunities for the flexible pipe market. Rapid industrialization, urbanization and infrastructure development in these regions are driving demand for energy, creating opportunities for offshore exploration and production activities.

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Key points of the report:

  • Polyvinyl chloride (PVC) material is expected to grow the fastest with a revenue share of 27.2% in the flexible pipe market because of its cost-effectiveness, versatility and durability. PVC offers excellent resistance to corrosion, chemicals and abrasion, making it suitable for a wide range of applications in offshore oil and gas production. Additionally, advances in PVC formulations have improved its performance in challenging environments, further driving its adoption. With increasing demand for cost efficient and reliable solutions, PVC flexible pipes are expected to witness significant growth in the market.

  • Single layer accounts for the highest share of the flexible pipe market in 2023. Single-layer pipes are characterized by their simplicity, cost-effectiveness and ease of manufacture, making them the preferred choice for a wide range of applications. In addition, single-ply tubes provide sufficient mechanical strength and flexibility to withstand the rigors of marine environments while maintaining optimal flow characteristics. Their straightforward design and construction also contribute to faster installation times and reduced maintenance requirements, further increasing their popularity among operators in the oil and gas industry.

  • The emergence of plumbing as the leading segment in the flexible tubing market, capturing a significant revenue share of 27.2%, is primarily due to the widespread adoption of flexible tubing in residential, commercial, and industrial plumbing applications. Flexible pipes offer numerous advantages over traditional rigid piping systems, including easier installation, increased flexibility to navigate complex layouts, and resistance to corrosion and chemical degradation. Moreover, the growing demand for efficient and sustainable plumbing solutions, driven by urbanization, infrastructure development and renovation projects, has further fueled the growth of flexible pipes in the plumbing sector, consolidating its position as the leading segment.

  • North America emerged as the leading region in the global flexible pipe market in 2023, driven by several factors. The region boasts a mature oil and gas industry, with significant offshore exploration and production activities in the Gulf of Mexico. Stringent regulatory standards and environmental considerations have driven the adoption of flexible pipes, known for their safety and environmental benefits. Moreover, continuous technological advancements and infrastructure investments have further increased the demand for flexible pipes in North America, consolidating its position as a major market leader in the industry.

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Below are some of the major companies active within global flexible pipe market:



  • ContiTech Deutschland GmbH

  • FlexSteel Pipeline Technologies, Inc.

  • General Electric Company

  • Come on


  • return

  • RWC (SharkBite)

  • Strohm


  • Uponor Corporation

  • The Viega Group

  • Watts

  • Zurn Water, LLC.

  • Other industry participants

Global Flexible Pipe Market

According to the material

From the Layer

By application

  • plumber

  • HVAC

  • Water Distribution

  • Gas distribution

  • Renewable Energy Systems

  • Others

By region

  • North America (USA, Canada, Mexico, Rest of North America)

  • Europe (France, UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, Netherlands, Luxembourg), Rest of Europe)

  • Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific)

  • Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Kuwait, South Africa, Rest of Middle East and Africa)

  • Latin America (Brazil, Argentina, Rest of Latin America)

Consult our expert:

Jay Reynolds

Niche Research

Japan (free): +81 663-386-8111

South Korea (free): +82-808-703-126

Saudi Arabia (free): +966 800-850-1643

United Kingdom: +44 753-710-5080

United States: +1 302-232-5106



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