Brunei Composites in Oil and Gas Industry Market (2025-2031) | Growth, Companies, Share, Forecast, Analysis, Segmentation, Trends, Size, Value, Industry, Revenue & Outlook

Market Forecast By Resin Type (Epoxy, Polyester, Phenolic), By Fiber Type (Glass , Carbon), By Application (Pipes, Tanks) And Competitive Landscape
Product Code: ETC5715134 Publication Date: Nov 2023 Updated Date: Dec 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Sumit Sagar No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Brunei Composites in Oil and Gas Industry Market: Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Brunei continued to heavily rely on imports of composites for its oil and gas industry, with top suppliers including the United Kingdom, Malaysia, China, India, and Australia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially leading to pricing power for suppliers. However, the negative growth rate in 2024 highlights a significant decline from the previous year, suggesting potential challenges or shifts in the industry. Despite a modest compound annual growth rate (CAGR) from 2020-2024, ongoing market dynamics may require stakeholders to adapt to changing conditions in the coming years.

Brunei Composites in Oil and Gas Industry Market: Top 5 Importing Countries and Market Competition (HHI) Analysis

Brunei Composites in Oil and Gas Market Overview

The market for composites in the oil and gas sector in Brunei involves the use of composite materials for applications such as pipelines, pressure vessels, and storage tanks. Composites are valued in this sector for their resistance to corrosion and their ability to withstand extreme conditions. The market is driven by the need for more efficient and durable materials that can reduce maintenance costs and improve safety. Challenges include the high initial cost of composite materials and the need for specialized installation techniques.

Drivers of the market

The Brunei Composites in Oil and Gas Market is driven by the need for materials that can withstand harsh environments and corrosive substances found in the oil and gas industry. Composites are increasingly used for pipe liners, tank linings, and structural components due to their resistance to chemical attack and high strength-to-weight ratio. The expansion of oil and gas exploration and production activities in Brunei further supports the growth of this market.

Challenges of the market

The Brunei Composites in Oil and Gas market faces challenges related to the high costs associated with composite materials and their application. The oil and gas industry demands high-performance composites that can withstand harsh conditions, leading to higher costs for both materials and specialized applications. There is also a challenge in integrating composites into existing systems and infrastructure, which requires additional investment and expertise. The limited number of local projects in Brunei`s oil and gas sector further restricts market opportunities.

Government Policy of the market

The government of Brunei supports the use of composites in the oil and gas sector as part of its broader strategy to enhance the country`s industrial capabilities. Policies include the promotion of research and development into composite materials that can withstand harsh environmental conditions and improve operational efficiency. The government also provides support for the integration of advanced composites into oil and gas infrastructure, aiming to improve safety and reduce maintenance costs.

Key Highlights of the Report:

  • Brunei Composites in Oil and Gas Industry Market Outlook
  • Market Size of Brunei Composites in Oil and Gas Industry Market, 2024
  • Forecast of Brunei Composites in Oil and Gas Industry Market, 2031
  • Historical Data and Forecast of Brunei Composites in Oil and Gas Industry Revenues & Volume for the Period 2021-2031
  • Brunei Composites in Oil and Gas Industry Market Trend Evolution
  • Brunei Composites in Oil and Gas Industry Market Drivers and Challenges
  • Brunei Composites in Oil and Gas Industry Price Trends
  • Brunei Composites in Oil and Gas Industry Porter`s Five Forces
  • Brunei Composites in Oil and Gas Industry Industry Life Cycle
  • Historical Data and Forecast of Brunei Composites in Oil and Gas Industry Market Revenues & Volume By Resin Type for the Period 2021-2031
  • Historical Data and Forecast of Brunei Composites in Oil and Gas Industry Market Revenues & Volume By Epoxy for the Period 2021-2031
  • Historical Data and Forecast of Brunei Composites in Oil and Gas Industry Market Revenues & Volume By Polyester for the Period 2021-2031
  • Historical Data and Forecast of Brunei Composites in Oil and Gas Industry Market Revenues & Volume By Phenolic for the Period 2021-2031
  • Historical Data and Forecast of Brunei Composites in Oil and Gas Industry Market Revenues & Volume By Fiber Type for the Period 2021-2031
  • Historical Data and Forecast of Brunei Composites in Oil and Gas Industry Market Revenues & Volume By Glass for the Period 2021-2031
  • Historical Data and Forecast of Brunei Composites in Oil and Gas Industry Market Revenues & Volume By Carbon for the Period 2021-2031
  • Historical Data and Forecast of Brunei Composites in Oil and Gas Industry Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Brunei Composites in Oil and Gas Industry Market Revenues & Volume By Pipes for the Period 2021-2031
  • Historical Data and Forecast of Brunei Composites in Oil and Gas Industry Market Revenues & Volume By Tanks for the Period 2021-2031
  • Brunei Composites in Oil and Gas Industry Import Export Trade Statistics
  • Market Opportunity Assessment By Resin Type
  • Market Opportunity Assessment By Fiber Type
  • Market Opportunity Assessment By Application
  • Brunei Composites in Oil and Gas Industry Top Companies Market Share
  • Brunei Composites in Oil and Gas Industry Competitive Benchmarking By Technical and Operational Parameters
  • Brunei Composites in Oil and Gas Industry Company Profiles
  • Brunei Composites in Oil and Gas Industry Key Strategic Recommendations

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Brunei Composites in Oil and Gas Industry Market Overview

3.1 Brunei Country Macro Economic Indicators

3.2 Brunei Composites in Oil and Gas Industry Market Revenues & Volume, 2021 & 2031F

3.3 Brunei Composites in Oil and Gas Industry Market - Industry Life Cycle

3.4 Brunei Composites in Oil and Gas Industry Market - Porter's Five Forces

3.5 Brunei Composites in Oil and Gas Industry Market Revenues & Volume Share, By Resin Type, 2021 & 2031F

3.6 Brunei Composites in Oil and Gas Industry Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F

3.7 Brunei Composites in Oil and Gas Industry Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Brunei Composites in Oil and Gas Industry Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Brunei Composites in Oil and Gas Industry Market Trends

6 Brunei Composites in Oil and Gas Industry Market Segmentations

6.1 Brunei Composites in Oil and Gas Industry Market, By Resin Type

6.1.1 Overview and Analysis

6.1.2 Brunei Composites in Oil and Gas Industry Market Revenues & Volume, By Epoxy, 2021-2031F

6.1.3 Brunei Composites in Oil and Gas Industry Market Revenues & Volume, By Polyester, 2021-2031F

6.1.4 Brunei Composites in Oil and Gas Industry Market Revenues & Volume, By Phenolic, 2021-2031F

6.2 Brunei Composites in Oil and Gas Industry Market, By Fiber Type

6.2.1 Overview and Analysis

6.2.2 Brunei Composites in Oil and Gas Industry Market Revenues & Volume, By Glass , 2021-2031F

6.2.3 Brunei Composites in Oil and Gas Industry Market Revenues & Volume, By Carbon, 2021-2031F

6.3 Brunei Composites in Oil and Gas Industry Market, By Application

6.3.1 Overview and Analysis

6.3.2 Brunei Composites in Oil and Gas Industry Market Revenues & Volume, By Pipes, 2021-2031F

6.3.3 Brunei Composites in Oil and Gas Industry Market Revenues & Volume, By Tanks, 2021-2031F

7 Brunei Composites in Oil and Gas Industry Market Import-Export Trade Statistics

7.1 Brunei Composites in Oil and Gas Industry Market Export to Major Countries

7.2 Brunei Composites in Oil and Gas Industry Market Imports from Major Countries

8 Brunei Composites in Oil and Gas Industry Market Key Performance Indicators

9 Brunei Composites in Oil and Gas Industry Market - Opportunity Assessment

9.1 Brunei Composites in Oil and Gas Industry Market Opportunity Assessment, By Resin Type, 2021 & 2031F

9.2 Brunei Composites in Oil and Gas Industry Market Opportunity Assessment, By Fiber Type, 2021 & 2031F

9.3 Brunei Composites in Oil and Gas Industry Market Opportunity Assessment, By Application, 2021 & 2031F

10 Brunei Composites in Oil and Gas Industry Market - Competitive Landscape

10.1 Brunei Composites in Oil and Gas Industry Market Revenue Share, By Companies, 2024

10.2 Brunei Composites in Oil and Gas Industry Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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