GLOBAL CARBON FIBER SUBSEA PIPELINE MARKET

INTRODUCTION

The main benefits of carbon fiber over steel are its corrosion resistance and strength to weight ratio. Carbon fiber subsea pipeline is typically 20 times stronger than steel for the equivalent weight. Broadly speaking, anything you can do with steel you can do with carbon fiber. However, carbon fiber  also enables a different and more efficient alternative to steel and non-bonded flexible riser architectures.

Any riser concept based on carbon fiber subsea pipeline has an inherent corrosion resistance advantage, however not all the polymers that form the inner surface and matrix of a carbon fiber pipe are resistant to all types of chemicals.

It is a particularly attractive polymer as it is not subject to any degradation from oil field chemicals in particular hydrogen sulfide (H2S) and carbon dioxide (CO2) which are especially challenging for steel structures. It also gives the pipe high temperature capability and its very low permeation makes it well suited to gas applications.

Carbon fiber pipes are a fraction of the weight of existing pipe technologies: this presents significant opportunities in riser design, as the high-performance materials make it possible to construct a much smaller, lighter structure.

Because the carbon fiber is so strong the pipes require less material to deliver the pressure performance, which in turn keeps the cost down. However, the real savings come from installation.

As carbon fiber pipe is very light it does not require buoyancy and can be deployed from small vessels that can be hired at a fraction of the cost of large pipelay vessels.The extent of the benefits from the low weight will depend on the application and the chosen configuration in the water column.

GLOBAL CARBON FIBER SUBSEA PIPELINE MARKET SIZE AND FORECAST

The Global carbon fiber subsea pipeline market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

TechnipFMC’s PEEK - TechnipFMC is working on a riser solution in a free-hanging catenary configuration design that will integrate a carbon fiber PEEK pipe structure into a traditional flexible pipe.

The aim is to deliver a hybrid that has sufficient flexibility and the required submerged weight to be configured in a free-hanging configuration, even in ultra-deepwater. The hybrid flexible exploits the benefits of carbon fiber pipe in terms of its light weight and corrosion resistance.

Carbon fiber pipe’s low weight is particularly beneficial in this case because a conventional design requires added buoyancy to reduce its top tension, the weight hung off the vessel. By replacing part of TechnipFMC’s existing product with carbon fiber pipe, it becomes much lighter but with the same strength, thereby eliminating the need for large buoyancy modules that are expensive both to buy and install.

The riser design is also very similar to TechnipFMC’s existing product in terms of handling and can therefore be run from existing vessels and infrastructure without the need for expensive modification.

COMPANY PROFILE

• Strohm
• Zoltek
• Offshore Tech
• Petronas
• Aramco

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many carbon fiber subsea pipelines are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global carbon fiber subsea pipeline and key vendor selection criteria
3. Where is the carbon fiber subsea pipeline manufactured? What is the average margin per unit?
4. Market share of Global carbon fiber subsea pipeline market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global carbon fiber subsea pipeline in-house
6. key predictions for next 5 years in Global carbon fiber subsea pipeline market
7. Average B-2-B carbon fiber subsea pipeline market price in all segments
8. Latest trends in carbon fiber subsea pipeline market, by every market segment
9. The market size (both volume and value) of the carbon fiber subsea pipeline market in 2023-2030 and every year in between?
10. Production breakup of carbon fiber subsea pipeline market, by suppliers and their OEM relationship