Composites in Oil & Gas Industry Market: Global Forecasts to 2021 Sep 2016 | страница 3
Composites in Oil & Gas Industry
Market: Global Forecasts to 2021
“North America: The fastest-growing market of composites in oil & gas industry”
North America is the largest and fastest-growing market of composites in oil & gas industry.
The rising demand for high-performance and lightweight materials and increasing new
product launches & other development strategies in the region lead to the growth of the
market of composites in oil & gas industry in this region.
The U.S. dominated the market of composites in oil & gas industry in North America,
accounting for more than half of the demand for oil & gas composites in the region. The
increasing demand for non-corrosive and lightweight materials in the oil &gas industry along
with long life cycle and low maintenance cost of composites is driving the demand for oil &
gas composites.
By Company Type - Tier 1- 35%, Tier 2- 25%, and Tier 3-40%
By Designation - C Level- 30%, Director Level- 25%, and Others- 45%
By Region - North America- 35%, Europe- 30%, Asia-Pacific- 20%, and RoW (Middle East &
Africa and Latin America) - 15%
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