From 2016 to 2020 the market of plastic pipes, which are issued for the oil and gas industry will increase by 3.56%. In particular, this happens at the expense of increasing the number of horizontal wells in the development of products that use this, the report «Global Flexible Pipes Market for Oil and Gas Industry 2016-2020» Research & Markets companies. This writes the Information Resource Business Wire.

According to the publication, the experts studied the market of flexible pipes, high density polyethylene (HDPE), polyvinylidene fluoride (PVDF), polyamide (PA) and other popular materials that are used in the oil and gas sector in land and underwater transportation of hydrocarbons.

The fact that the flexible polymeric composite pipes are widely used today as a horizontal taps from vertical wells. Their main advantage is that they are readily drawn back from any holes.

Currently, the oil and gas industry increasingly finds use so-called horizontal directional drilling, writes Business Wire, noting that the number of horizontal wells now have twice the number of vertical.

The growth of the sector of plastic pipes associated primarily with increased interest in companies to properties of this type of product – the pipes are inert and flexible, they are relatively cheap and they can be used to speed up the process of building and repair of pipelines.

Also, these pipes are durable, strong, not subject to corrosion and weigh little. All these qualities “give odds to ‘traditional pipes, manufactured from steel and concrete are used.