| Product Code: ETC5715160 | 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 |
The Gabonese oil and gas industry saw a notable increase in composites import shipments in 2023, with top exporters including China, France, USA, Italy, and Germany. The market remains competitive and diversified, as indicated by the low Herfindahl-Hirschman Index (HHI) concentration. With a strong Compound Annual Growth Rate (CAGR) of 9.89%, and a robust growth rate of 35.13%, it is evident that the demand for composites in the Gabonese oil and gas sector is on a significant upward trajectory, presenting lucrative opportunities for both domestic and international suppliers.
The market for composites in Gabon`s oil and gas sector is gaining momentum due to the industry`s need for lightweight, corrosion-resistant materials. Composites are increasingly used in pipelines, offshore platforms, and storage tanks to improve durability and reduce maintenance costs. The drive for efficiency and sustainability in oil and gas operations has led to the adoption of advanced composite solutions, supported by technological advancements and partnerships with international suppliers.
The Gabon composites in the oil and gas market is growing due to the rising demand for lightweight, durable materials that can withstand extreme conditions in offshore and onshore oil and gas exploration. Composites are increasingly being used in subsea pipelines, tanks, and offshore platforms due to their high corrosion resistance and reduced weight, which helps in energy efficiency. As Gabon develops its oil and gas industry, the market for composite materials in this sector is expected to grow.
The use of composites in Gabons oil and gas sector is hindered by high material costs and the need for specialized equipment to handle and apply composites. Additionally, the lack of local manufacturing capabilities for composite materials forces reliance on expensive imports. The sector also faces regulatory hurdles that slow the adoption of advanced composite technologies.
Recognizing the potential of composites in enhancing efficiency and durability in the oil and gas sector, Gabon has introduced policies to promote their adoption. These include incentives for companies using composite materials in pipelines and infrastructure, along with regulatory frameworks to ensure safe and effective deployment.
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 Gabon Composites in Oil and Gas Industry Market Overview |
3.1 Gabon Country Macro Economic Indicators |
3.2 Gabon Composites in Oil and Gas Industry Market Revenues & Volume, 2021 & 2031F |
3.3 Gabon Composites in Oil and Gas Industry Market - Industry Life Cycle |
3.4 Gabon Composites in Oil and Gas Industry Market - Porter's Five Forces |
3.5 Gabon Composites in Oil and Gas Industry Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Gabon Composites in Oil and Gas Industry Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Gabon Composites in Oil and Gas Industry Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Gabon Composites in Oil and Gas Industry Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Gabon Composites in Oil and Gas Industry Market Trends |
6 Gabon Composites in Oil and Gas Industry Market Segmentations |
6.1 Gabon Composites in Oil and Gas Industry Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Gabon Composites in Oil and Gas Industry Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.3 Gabon Composites in Oil and Gas Industry Market Revenues & Volume, By Polyester, 2021-2031F |
6.1.4 Gabon Composites in Oil and Gas Industry Market Revenues & Volume, By Phenolic, 2021-2031F |
6.2 Gabon Composites in Oil and Gas Industry Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Gabon Composites in Oil and Gas Industry Market Revenues & Volume, By Glass , 2021-2031F |
6.2.3 Gabon Composites in Oil and Gas Industry Market Revenues & Volume, By Carbon, 2021-2031F |
6.3 Gabon Composites in Oil and Gas Industry Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Gabon Composites in Oil and Gas Industry Market Revenues & Volume, By Pipes, 2021-2031F |
6.3.3 Gabon Composites in Oil and Gas Industry Market Revenues & Volume, By Tanks, 2021-2031F |
7 Gabon Composites in Oil and Gas Industry Market Import-Export Trade Statistics |
7.1 Gabon Composites in Oil and Gas Industry Market Export to Major Countries |
7.2 Gabon Composites in Oil and Gas Industry Market Imports from Major Countries |
8 Gabon Composites in Oil and Gas Industry Market Key Performance Indicators |
9 Gabon Composites in Oil and Gas Industry Market - Opportunity Assessment |
9.1 Gabon Composites in Oil and Gas Industry Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Gabon Composites in Oil and Gas Industry Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Gabon Composites in Oil and Gas Industry Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Gabon Composites in Oil and Gas Industry Market - Competitive Landscape |
10.1 Gabon Composites in Oil and Gas Industry Market Revenue Share, By Companies, 2024 |
10.2 Gabon Composites in Oil and Gas Industry Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |