| Product Code: ETC4501898 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Pakistan import trend for composites in the oil and gas industry market experienced a negative Compound Annual Growth Rate (CAGR) of -13.45% from 2020 to 2024. This decline may be attributed to shifting demand dynamics, potentially indicating a challenge in market stability or import momentum within the sector.
The use of composites in Pakistan`s oil and gas industry is growing, driven by the need for materials that can withstand harsh environments and reduce operational costs. Composites are used in applications such as pipelines, risers, and storage tanks due to their corrosion resistance and strength. The market is expected to grow as the oil and gas sector continues to invest in advanced materials for improving efficiency and safety.
The oil and gas industry in Pakistan drives the market for composites due to the need for materials that can withstand harsh environmental conditions and reduce maintenance costs. The lightweight and corrosion-resistant properties of composites make them ideal for applications such as pipelines, tanks, and offshore structures.
The composites market within Pakistan`s oil and gas sector faces several obstacles, including the high cost and limited availability of specialized composite materials required for the industry. The sector also suffers from a lack of local expertise and technical knowledge in the application of composites, which are essential for enhancing performance and durability in harsh oil and gas environments. Furthermore, there is insufficient infrastructure and equipment for large-scale manufacturing and testing of composite materials. Regulatory uncertainties and economic instability add to the challenges, making it difficult for companies to invest in and adopt composite solutions in this sector.
Government policies in Pakistan support the use of composite materials in the oil and gas sector by promoting technological advancements and ensuring regulatory compliance. These policies include providing tax incentives and subsidies for companies investing in composite materials and technologies that enhance the performance and safety of oil and gas infrastructure. The government also mandates strict quality and safety standards for composite products used in this sector. Collaborative efforts with international organizations and companies are encouraged to bring in expertise and innovative solutions to the local market.
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 Pakistan Composites in Oil and Gas Industry Market Overview |
3.1 Pakistan Country Macro Economic Indicators |
3.2 Pakistan Composites in Oil and Gas Industry Market Revenues & Volume, 2021 & 2031F |
3.3 Pakistan Composites in Oil and Gas Industry Market - Industry Life Cycle |
3.4 Pakistan Composites in Oil and Gas Industry Market - Porter's Five Forces |
3.5 Pakistan Composites in Oil and Gas Industry Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Pakistan Composites in Oil and Gas Industry Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Pakistan Composites in Oil and Gas Industry Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Pakistan Composites in Oil and Gas Industry Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Pakistan Composites in Oil and Gas Industry Market Trends |
6 Pakistan Composites in Oil and Gas Industry Market, By Types |
6.1 Pakistan Composites in Oil and Gas Industry Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Pakistan Composites in Oil and Gas Industry Market Revenues & Volume, By Resin Type, 2021-2031F |
6.1.3 Pakistan Composites in Oil and Gas Industry Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.4 Pakistan Composites in Oil and Gas Industry Market Revenues & Volume, By Polyester, 2021-2031F |
6.1.5 Pakistan Composites in Oil and Gas Industry Market Revenues & Volume, By Phenolic, 2021-2031F |
6.2 Pakistan Composites in Oil and Gas Industry Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Pakistan Composites in Oil and Gas Industry Market Revenues & Volume, By Glass , 2021-2031F |
6.2.3 Pakistan Composites in Oil and Gas Industry Market Revenues & Volume, By Carbon, 2021-2031F |
6.3 Pakistan Composites in Oil and Gas Industry Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Pakistan Composites in Oil and Gas Industry Market Revenues & Volume, By Pipes, 2021-2031F |
6.3.3 Pakistan Composites in Oil and Gas Industry Market Revenues & Volume, By Tanks, 2021-2031F |
7 Pakistan Composites in Oil and Gas Industry Market Import-Export Trade Statistics |
7.1 Pakistan Composites in Oil and Gas Industry Market Export to Major Countries |
7.2 Pakistan Composites in Oil and Gas Industry Market Imports from Major Countries |
8 Pakistan Composites in Oil and Gas Industry Market Key Performance Indicators |
9 Pakistan Composites in Oil and Gas Industry Market - Opportunity Assessment |
9.1 Pakistan Composites in Oil and Gas Industry Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Pakistan Composites in Oil and Gas Industry Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Pakistan Composites in Oil and Gas Industry Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Pakistan Composites in Oil and Gas Industry Market - Competitive Landscape |
10.1 Pakistan Composites in Oil and Gas Industry Market Revenue Share, By Companies, 2024 |
10.2 Pakistan Composites in Oil and Gas Industry Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |