Press Release
Global Flexible Pipe Market to Surpass USD 31.75B by 2035, Says Global Data Route Analytics
Date: January 18, 2026
Location: Pune, India
Issued by: Global Data Route Analytics
The global flexible pipe market is witnessing robust growth, with its value projected to surge from approximately USD 10.45 billion in 2024 to over USD 31.75 billion by 2035, according to a new research report released by Global Data Route Analytics, a leading market research and consulting firm based in Pune. The market is expected to expand at a Compound Annual Growth Rate (CAGR) of 4.3% from 2025 to 2035, reflecting rising demand across key sectors such as offshore oil & gas, subsea pipelines, and water management.
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Key Drivers Fueling Market Expansion
The growth trajectory is largely fueled by technological advancements in composite and hybrid flexible pipe designs. Rising global investments in offshore oil and gas exploration, especially in deepwater fields, are strengthening demand. In addition, the expansion in renewable energy infrastructure, including subsea power transmission, and increasing adoption in industrial process piping and municipal water systems are boosting market prospects.
Comprehensive Market Segmentation
The report segments the market across three primary dimensions:
By Type
• Steel Catenary Risers (SCR)
• Top Tension Risers (TTR)
• Steel Tube Hybrid Risers (STHR)
• Polyester Flexible Pipes
• Others
By Application
• Offshore Oil & Gas
• Subsea Pipelines
• Water & Wastewater Management
• Industrial Process Piping
• Others
By End-Use Industry
• Oil & Gas
• Energy & Power
• Water Treatment
• Chemical Processing
• Others
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In-Depth Regional Insights
The research provides detailed regional analysis covering North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In North America, the United States dominates demand, with strong activity across Texas, Louisiana, and California. Asia-Pacific is emerging as a high-growth market with increasing investments in China (Guangdong, Jiangsu, Zhejiang) and India (Maharashtra, Gujarat, Tamil Nadu).
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Competitive Landscape
The global flexible pipe industry is consolidated with key players focusing on product innovation, partnerships, and global expansion. Major companies profiled in the report include
TechnipFMC
Tenaris S.A.
Shawcor Ltd.
Aker Solutions ASA
SoluForce Group
Helix Energy Solutions Group, Inc.
JDR Cable Systems Ltd.
National Oilwell Varco (NOV)
Subsea 7 S.A.
Pelagic Pipe
These companies are leveraging engineering excellence and technological innovation to cater to deepwater projects, complex environments, and infrastructure renewal across energy and industrial markets.
Future Outlook
With continued global investments in offshore exploration and infrastructure modernization, flexible pipes are expected to remain essential for critical energy and water transport applications. The report highlights upcoming growth hotspots, emerging technologies, and long-term opportunities across sectors.
About Global Data Route Analytics
Global Data Route Analytics is a market research and consulting firm that provides businesses with data analysis, market forecasts, and tailored reports across various industries. The company uses advanced data analysis techniques, proprietary data, and an expert team to help clients understand market trends, make informed decisions, and develop strategies. They focus on delivering customized solutions, competitive intelligence, and growth strategies to help businesses succeed in their respective markets.
Media Contact
Srushti Tungar
Global Data Route Analytics