Composites in Oil and Gas Market Research Report and Forecast Composites in Oil and Gas Market Trends, and Forec

Composites in Oil and Gas Market - Global Industry Analysis, Size, Share, Trends, and Forecast 2016 - 2024 Composites in Oil and Gas Market: Overview The oil & gas industry needs to meet certain technical, technological, and economic requirements. This is especially observed in materials employed in construction, which are expected to withstand corrosion, fatigue, and weight. These factors contribute to increased risk and cost of offshore projects. Composites are used due to their unique properties, which make them suitable for demanding applications in the oil & gas industry. They have the advantage of being low in weight, which eliminates the need for large and exorbitant buoyancy tanks. Composites are inexpensive to install, extremely corrosion-resistant, and well-suited to increased operating pressures. Composites are made by matrix combination of different materials. The most commonly used composites are formed by combining epoxy, phenolic, or polymer (polyethylene, poly-vinyl-denefluoride, and polyamide) matrix with glass fibers, carbon fibers, or aramid fibers. View Report @ http://www.transparencymarketresearch.com/composites- in-oil-gas-market.html Composites in Oil and Gas Market: Applications Glass-fiber reinforced polymer (GFRP) composites are used in piping systems for applications such as oil exploration, desalination, chemical plants, fire mains, dredging, and portable water. They enable the piping systems to withstand highly corrosive fluids at various temperatures, pressures, and in adverse weather and soil conditions. Composite grinds/gratings perform better than traditional, metallic grinds/gratings, due to their superior properties under harsh environments in the chemical process industry. They are preferred due to their ability to overcome limitations with respect to weight, corrosion resistance, durability, and lifecycle costs. Composite ladders are stronger than wood or aluminum and they do not rot, corrode, or absorb water. During the construction of a riser (a pipeline that connects the rig of water surface to the well bore at seabed), thermoplastic polymer matrix reinforced with glass or