Global Oil and Gas Flexible Pipe Market Insights, Size, and Forecast By Pressure Rating (Low Pressure, Medium Pressure, High Pressure), By End Use (Oil Extraction, Natural Gas Extraction, Transportation), By Material Type (Thermoplastic, Composite, Metallic, Others), By Application (Offshore Oil & Gas Production, Onshore Oil & Gas Production, Subsea Pipeline Transport), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Key Companies, Competitive Analysis, Trends, and Projections for 2026-2035
Key Market Insights
Global Oil and Gas Flexible Pipe Market is projected to grow from USD 9.8 Billion in 2025 to USD 15.2 Billion by 2035, reflecting a compound annual growth rate of 6.2% from 2026 through 2035. This market encompasses the manufacturing, supply, and installation of flexible pipes used across various applications in the upstream, midstream, and downstream sectors of the oil and gas industry. These pipes are crucial for transporting hydrocarbons, injectants, and other fluids, offering superior flexibility, corrosion resistance, and fatigue life compared to rigid counterparts. Key market drivers include the increasing exploration and production activities in challenging deepwater and ultra-deepwater environments, where flexible pipes offer significant installation advantages. The growing demand for energy globally, coupled with the need for efficient and reliable infrastructure, further propels market expansion. Moreover, the aging existing infrastructure in many regions necessitates replacement and upgrades, providing a consistent demand for modern flexible pipe solutions. Technological advancements in material science and pipe design, enhancing performance and durability, also contribute to market growth.
Global Oil and Gas Flexible Pipe Market Value (USD Billion) Analysis, 2025-2035
2025 - 2035
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A significant trend observed in the market is the increasing focus on high pressure, high temperature HPHT applications, driving innovation in material composites and pipe construction. The shift towards marginal field development and the utilization of floating production storage and offloading FPSO units are also creating new avenues for flexible pipe deployment due to their adaptability. However, the market faces restraints such as the volatility of crude oil prices, which can impact investment decisions in new projects. Stringent environmental regulations and the rising costs associated with raw materials and manufacturing also pose challenges. Despite these hurdles, substantial opportunities exist in the development of lightweight and more robust flexible pipes for frontier exploration areas and in the growing demand for subsea tiebacks. Latin America dominates the global market, primarily due to extensive offshore exploration and production activities in countries like Brazil, driven by significant pre-salt discoveries and deepwater developments. The region's challenging offshore environments make flexible pipes an indispensable component of their infrastructure.
Latin America is also anticipated to be the fastest-growing region in the flexible pipe market. This growth is fueled by ongoing investments in new offshore projects, particularly in deep and ultra-deepwater fields, and the continuous expansion of existing production capabilities. The region's commitment to maximizing hydrocarbon recovery from complex reservoirs necessitates advanced and adaptable piping solutions. The Offshore Oil & Gas Production segment is the leading application, accounting for the largest share of the market due to its critical role in connecting subsea wells to production facilities and for flow assurance. Key players in this competitive landscape include OIT Inc, Cosco Shipping Energy Transportation, Intecsea, Oceaneering International, Deepwater Corrosion Services, Continental Structural Plastics, Flexibras, Red Spider Technology, Schlumberger, and Aker Solutions. These companies are employing strategies such as technological innovation, strategic partnerships, and capacity expansion to gain a competitive edge and address the evolving demands of the global oil and gas industry, particularly focusing on developing solutions for deeper waters and more aggressive operating conditions.
Quick Stats
Market Size (2025):
USD 9.8 BillionProjected Market Size (2035):
USD 15.2 BillionLeading Segment:
Offshore Oil & Gas Production (62.8% Share)Dominant Region (2025):
Latin America (32.8% Share)CAGR (2026-2035):
6.2%
What is Oil and Gas Flexible Pipe?
Oil and Gas Flexible Pipe is a continuously manufactured tubular product designed to transport hydrocarbons and other fluids in offshore and sometimes onshore applications. Composed of multiple layers of polymer and steel, it offers significant bending capabilities compared to rigid pipes. This flexibility allows for dynamic movement in response to currents, thermal expansion, and platform motion. Its primary applications include flowlines, risers connecting subsea wells to floating production units, and jumpers. The inherent design provides fatigue resistance and ease of installation, making it crucial for deepwater developments and marginal field tie-backs where traditional rigid pipelines are less feasible or cost-effective.
What are the Trends in Global Oil and Gas Flexible Pipe Market
Deepwater Dominance Flexible Pipe Innovation
Renewable Integration Offshore Wind Connections
Hydrogen Transport Flexible Pipeline Solutions
Digital Twin Enhanced Lifecycle Management
Deepwater Dominance Flexible Pipe Innovation
Deepwater exploration drives demand for flexible pipes. Innovations focus on advanced materials and designs allowing deeper, harsher environment operation. This enables rapid deployment, reduced installation costs and enhanced fatigue resistance. Operators prioritize adaptable solutions for complex subsea architecture and extended service life in challenging deepwater fields.
Renewable Integration Offshore Wind Connections
Renewable integration offshore wind connections reflects a growing need for flexible pipelines. These pipes are crucial for linking offshore wind platforms to subsea electrical infrastructure and hydrogen production units. Their flexibility accommodates dynamic ocean conditions and facilitates efficient energy transmission, supporting the global shift towards sustainable energy sources within the oil and gas sector.
Hydrogen Transport Flexible Pipeline Solutions
Hydrogen transport increasingly utilizes flexible pipeline solutions for efficient and adaptable delivery across various terrains. These pipelines offer durability and scalability, essential for expanding hydrogen infrastructure in the oil and gas sector. Their inherent flexibility facilitates rapid deployment and connection to diverse energy hubs, improving operational efficiency and reducing installation complexities. This trend supports the industry's shift towards cleaner fuels by enabling robust and agile hydrogen distribution networks.
Digital Twin Enhanced Lifecycle Management
Digital twins optimize flexible pipe lifecycle management from design to decommissioning. Real time data streams from sensors inform predictive maintenance, enhancing operational efficiency and safety. This virtual replica approach simulates performance under various conditions, enabling proactive decision making, reducing downtime, and extending asset lifespan within the global oil and gas sector.
What are the Key Drivers Shaping the Global Oil and Gas Flexible Pipe Market
Deepwater E&P Expansion Driving Demand for Flexible Risers and Flowlines
Increased Focus on Offshore Field Development and Mature Asset Optimization
Growing Adoption of Subsea Production Systems and Tie-Back Projects
Technological Advancements in Flexible Pipe Materials and Design
Deepwater E&P Expansion Driving Demand for Flexible Risers and Flowlines
The increasing exploration and production activities in deeper offshore waters, known as Deepwater E&P, necessitate specialized equipment. This expansion inherently drives the demand for flexible risers and flowlines. These pipes are crucial for connecting subsea wells to platforms, accommodating the complex movements and high pressures inherent in deepwater environments, thus fueling market growth.
Increased Focus on Offshore Field Development and Mature Asset Optimization
To maximize recovery from existing offshore fields and extend the life of mature assets, operators are increasingly investing in technologies that enhance production. Flexible pipes are crucial for connecting new wells, subsea tie backs, and for intervention activities, enabling efficient fluid transfer and cost effective field expansion in these challenging environments. This drive for optimized output fuels their demand.
Growing Adoption of Subsea Production Systems and Tie-Back Projects
Increased subsea oil and gas developments globally drive demand for flexible pipes. Tie back projects connecting new wells to existing infrastructure also rely heavily on these pipes for efficient fluid transfer. This growing adoption directly fuels the flexible pipe market as operators prioritize cost effective and adaptable subsea solutions.
Technological Advancements in Flexible Pipe Materials and Design
Innovations in flexible pipe materials and designs are propelling the market forward. New polymers, composites, and manufacturing techniques enhance performance, durability, and cost-effectiveness. These advancements allow for greater pressure ratings, temperature resistance, and corrosion resistance, expanding applications in challenging offshore and onshore environments. Improved designs also facilitate easier installation and longer service life, making flexible pipes more attractive for various oil and gas operations.
Global Oil and Gas Flexible Pipe Market Restraints
Stringent Environmental Regulations and Project Delays
Stringent environmental regulations pose significant hurdles. Projects face delays due to rigorous permitting processes and extensive environmental impact assessments. Compliance with these evolving rules often requires costly technological upgrades and adherence to stricter emission standards. This regulatory burden can inflate operational expenses, extend timelines, and increase the risk of project cancellations, ultimately slowing market growth for flexible pipes as new developments become less attractive to investors.
High Capital Investment and Specialized Expertise Requirements
Developing and producing flexible pipes for the oil and gas sector demands substantial financial outlay for advanced manufacturing facilities. Furthermore, it requires a highly specialized workforce with deep expertise in materials science, engineering, and regulatory compliance specific to harsh offshore and subsea environments. These combined factors create significant barriers for new entrants, limiting competition and market accessibility.
Global Oil and Gas Flexible Pipe Market Opportunities
Optimizing Deepwater & Marginal Field Development with Advanced Flexible Pipe Solutions
Advanced flexible pipes present a significant opportunity to optimize challenging deepwater and marginal field development. Their inherent adaptability and robust resistance to harsh subsea conditions enable highly cost effective solutions for complex subsea architecture. They facilitate quicker field tie ins, significantly reducing the need for extensive rigid infrastructure. This enhances operational efficiency, lowering both capital and operational expenditures. Ultimately, these solutions accelerate production timelines and improve economic viability, unlocking previously uneconomical reserves globally.
Flexible Pipe Innovations for Carbon Capture & Storage (CCS) Infrastructure
Flexible pipe innovations present a significant opportunity for Carbon Capture and Storage CCS infrastructure. Developing advanced flexible pipes for CO2 transport enables more adaptable, efficient, and cost effective solutions. These innovations facilitate safer deployment across diverse terrains and marine environments, accelerating crucial CCS project development globally. This positions flexible pipes as vital components in the drive towards decarbonization and sustainable energy transitions, meeting increasing demand for robust carbon management technologies essential for a cleaner future economy.
Global Oil and Gas Flexible Pipe Market Segmentation Analysis
Key Market Segments
By Application
- •Offshore Oil & Gas Production
- •Onshore Oil & Gas Production
- •Subsea Pipeline Transport
By Material Type
- •Thermoplastic
- •Composite
- •Metallic
- •Others
By End Use
- •Oil Extraction
- •Natural Gas Extraction
- •Transportation
By Pressure Rating
- •Low Pressure
- •Medium Pressure
- •High Pressure
Segment Share By Application
Share, By Application, 2025 (%)
- Offshore Oil & Gas Production
- Subsea Pipeline Transport
- Onshore Oil & Gas Production
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Why is Offshore Oil & Gas Production dominating the Global Oil and Gas Flexible Pipe Market?
Offshore Oil & Gas Production stands as the leading segment due to the inherently challenging and dynamic environments it encompasses. Flexible pipes are crucial for deepwater and ultra deepwater applications, acting as risers and jumpers that connect subsea wells to floating production facilities. Their ability to withstand motion, high pressures, corrosive fluids, and accommodate thermal expansion without rigid structures makes them indispensable for efficient and safe operations in harsh marine conditions, distinguishing their utility significantly from onshore counterparts.
How do Material Type segments influence the versatility of flexible pipes in diverse applications?
The choice of Material Type is pivotal for customizing flexible pipes to specific operational demands. Thermoplastic pipes are valued for their corrosion resistance and lighter weight, ideal for less aggressive fluids and shallower waters. Composite pipes offer an excellent strength to weight ratio and superior fatigue resistance, making them suitable for dynamic risers and high pressure applications. Metallic pipes, while less flexible, are chosen for extreme pressures and temperatures where robust structural integrity is paramount, catering to the varied requirements across extraction and transportation.
What role do different Pressure Rating and End Use categories play in defining flexible pipe market demand?
Pressure Rating segments are critical because oil and gas operations span a wide spectrum of internal pressures. High Pressure flexible pipes are essential for deepwater well streams, high pressure gas transportation, and enhanced oil recovery processes. Medium Pressure pipes serve various intra field connections and shallower water operations, while Low Pressure applications include utility lines or specific processing stages. These align directly with End Use categories like Oil Extraction, Natural Gas Extraction, and Transportation, each demanding tailored pressure capabilities to ensure safe and efficient fluid movement from reservoir to processing.
What Regulatory and Policy Factors Shape the Global Oil and Gas Flexible Pipe Market
The global oil and gas flexible pipe market operates within a complex web of stringent regulatory and policy frameworks. International bodies like API, ISO, and DNV GL set critical safety and quality standards for design, manufacturing, and deployment, emphasizing material compatibility and pressure containment. Environmental regulations globally prioritize leak prevention, emissions control, and responsible decommissioning, influencing product specifications and operational mandates. Regional variations exist, with national authorities like BSEE or HSE enforcing specific local codes and permitting processes. Growing emphasis on decarbonization and energy transition policies indirectly impacts long-term investment in new oil and gas infrastructure, potentially shifting demand dynamics for flexible pipes towards maintenance and tie-backs rather than large-scale new developments. Compliance with these diverse rules is paramount for market access.
What New Technologies are Shaping Global Oil and Gas Flexible Pipe Market?
Innovations are rapidly transforming the global oil and gas flexible pipe market. Advanced material science is introducing high performance composite structures and enhanced polymers for extreme pressure, temperature, and corrosive environments, significantly extending service life. Integrated smart sensing technologies, including fiber optics, are becoming critical for real time integrity monitoring, leak detection, and predictive maintenance, improving safety and operational efficiency. Furthermore, digital twin technology and artificial intelligence are optimizing pipe design, deployment, and performance analytics. These advancements support deeper water applications, sour service conditions, and emerging energy transport like hydrogen and CO2, while driving sustainability through reduced material usage and extended product longevity.
Global Oil and Gas Flexible Pipe Market Regional Analysis
Global Oil and Gas Flexible Pipe Market
Trends, by Region
Latin America Market
Revenue Share, 2025
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North America dominates the flexible pipe market due to stringent safety regulations and significant offshore activities in the Gulf of Mexico. The region's aging infrastructure in both conventional and unconventional plays necessitates flexible pipe for cost-effective repair and upgrade. Robust growth in shale oil and gas, particularly in the Permian Basin, fuels demand for flexible risers and flowlines for inter-well connections and gas gathering. Technological advancements, driven by key regional players, further cement its leading position, with a strong emphasis on high-pressure, high-temperature applications. Environmental concerns also push for more resilient and leak-resistant pipe solutions.
Europe, a key region in the flexible pipe market, is driven by mature North Sea oil and gas fields requiring significant integrity management and late-life extensions. Decommissioning activities also spur demand for flexible flowlines and risers. The region benefits from strong regulatory frameworks for safety and environmental protection, influencing material science and design innovations. Renewable energy expansion, particularly offshore wind, is creating new opportunities for flexible power cables, though their inclusion within traditional oil and gas "flexible pipe" market definitions varies. Technological advancements in lightweight, high-pressure solutions are crucial for sustaining market growth.
Asia Pacific's flexible pipe market in oil and gas is booming, driven by increased upstream investments, particularly in deepwater and ultra-deepwater projects off Australia, Malaysia, and Indonesia. China's growing energy demand and significant offshore gas discoveries further propel demand for high-pressure flexible risers and flowlines. Enhanced focus on field life extension and marginal field developments across Southeast Asia also fuels the need for cost-effective, adaptable pipeline solutions. Local manufacturing capabilities are expanding, reducing reliance on imports. However, fluctuating oil prices and stringent environmental regulations pose challenges, though advancements in material science and installation techniques continue to drive market expansion and project feasibility in this dynamic region.
Latin America dominates the global flexible pipe market with a 32.8% share, driven by extensive offshore E&P activities. The region is also the fastest growing, projected at a 7.9% CAGR. Brazil, Mexico, and Guyana are key markets, fueled by deepwater discoveries and pre-salt developments. Flexible risers, flowlines, and jumpers are crucial for the region's complex subsea infrastructure, offering cost-effectiveness and adaptability. Growing investment in offshore oil and gas, coupled with an increasing focus on marginal fields and tie-backs, will further solidify Latin America's leading position and rapid expansion in this vital market segment.
The Middle East & Africa (MEA) region is a significant growth hub for the flexible pipe market due to extensive upstream and midstream oil and gas activities. Major oil-producing nations like Saudi Arabia, UAE, and Nigeria are driving demand, particularly for exploration in challenging offshore environments and brownfield expansion projects. Increased deepwater and ultra-deepwater developments across West Africa, coupled with a focus on enhancing existing infrastructure and reducing operational downtime, further solidify MEA's strong position. The region's strategic importance in global energy supply ensures sustained investment and a robust outlook for flexible pipe solutions.
Top Countries Overview
The US flexible pipe market thrives on deepwater exploration and production in the Gulf of Mexico. Shale growth also drives demand for specialized pipes. Regulatory landscape and oil price volatility influence market dynamics. Leading manufacturers are investing in R&D for advanced material solutions.
China is a key player in the global oil and gas flexible pipe market. Its rapid industrialization and growing energy demand drive significant domestic consumption and manufacturing. Chinese companies are expanding internationally, competing with established firms by offering cost effective solutions and advancing manufacturing technologies for onshore and offshore applications.
India's growing energy demand and significant domestic production drive its flexible pipe market. Offshore exploration and production projects, especially deepwater, fuel market expansion. International collaborations and technology adoption further strengthen India's position in the global oil and gas flexible pipe sector.
Impact of Geopolitical and Macroeconomic Factors
Geopolitically, supply chain disruptions from escalating conflicts, particularly in the Middle East and Eastern Europe, fuel demand for flexible pipes due to rapid infrastructure repair needs. Energy independence ambitions drive new exploration and production projects in politically stable regions like North America and Brazil, where flexible pipes offer cost effective solutions for offshore applications and quick field development.
Macroeconomically, fluctuating oil prices directly impact investment in new drilling and deepwater projects. Higher prices incentivize new upstream activity, boosting demand for flexible pipes in these sectors. Conversely, economic downturns lead to reduced capital expenditure by energy companies, slowing project development. Inflationary pressures also increase material and manufacturing costs for flexible pipes, potentially impacting market profitability.
Recent Developments
- March 2025
Oceaneering International announced a strategic initiative to expand its deepwater flexible pipeline integrity services in West Africa. This move aims to capitalize on increasing offshore production and the need for advanced inspection and repair solutions in the region.
- June 2024
Aker Solutions launched a new generation of high-pressure, high-temperature (HPHT) flexible risers, designed for ultra-deepwater applications. This product launch addresses the growing demand for durable and reliable flexible pipe solutions in challenging offshore environments.
- November 2024
Schlumberger acquired Red Spider Technology, a specialist in advanced downhole flow control and intervention systems. This acquisition enhances Schlumberger's flexible pipe intervention capabilities, particularly for subsea well completions and workovers.
- January 2025
Continental Structural Plastics (CSP) formed a partnership with Flexibras to develop lightweight, composite-reinforced flexible pipe for shallow-water applications. This collaboration aims to offer cost-effective and corrosion-resistant alternatives to traditional steel pipes.
- April 2025
OIT Inc. unveiled its new 'SmartFlex' monitoring system, integrated directly into their flexible risers to provide real-time data on pipe integrity and performance. This product launch represents a significant advancement in preventative maintenance and operational efficiency for flexible pipe systems.
Key Players Analysis
Key players like Schlumberger and Aker Solutions are market leaders providing comprehensive flexible pipe solutions, leveraging advanced material science and subsea engineering expertise. Oceaneering International excels in integrated deepwater solutions. Flexibras and Intecsea specialize in high pressure, high temperature applications through innovative composites. Cosco Shipping Energy Transportation focuses on transport and installation. Strategic initiatives include developing lighter, more durable pipes for challenging environments, driven by increasing deepwater exploration and production and the need for enhanced pipeline integrity and cost efficiency.
List of Key Companies:
- OIT Inc
- Cosco Shipping Energy Transportation
- Intecsea
- Oceaneering International
- Deepwater Corrosion Services
- Continental Structural Plastics
- Flexibras
- Red Spider Technology
- Schlumberger
- Aker Solutions
- National Oilwell Varco
- TechnipFMC
- Subsea 7
- DSTI
- Parker Hannifin
Report Scope and Segmentation
| Report Component | Description |
|---|---|
| Market Size (2025) | USD 9.8 Billion |
| Forecast Value (2035) | USD 15.2 Billion |
| CAGR (2026-2035) | 6.2% |
| Base Year | 2025 |
| Historical Period | 2020-2025 |
| Forecast Period | 2026-2035 |
| Segments Covered |
|
| Regional Analysis |
|
Table of Contents:
List of Figures
List of Tables
Table 1: Global Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 2: Global Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Material Type, 2020-2035
Table 3: Global Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by End Use, 2020-2035
Table 4: Global Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Pressure Rating, 2020-2035
Table 5: Global Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Region, 2020-2035
Table 6: North America Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 7: North America Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Material Type, 2020-2035
Table 8: North America Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by End Use, 2020-2035
Table 9: North America Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Pressure Rating, 2020-2035
Table 10: North America Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Country, 2020-2035
Table 11: Europe Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 12: Europe Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Material Type, 2020-2035
Table 13: Europe Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by End Use, 2020-2035
Table 14: Europe Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Pressure Rating, 2020-2035
Table 15: Europe Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 16: Asia Pacific Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 17: Asia Pacific Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Material Type, 2020-2035
Table 18: Asia Pacific Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by End Use, 2020-2035
Table 19: Asia Pacific Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Pressure Rating, 2020-2035
Table 20: Asia Pacific Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 21: Latin America Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 22: Latin America Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Material Type, 2020-2035
Table 23: Latin America Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by End Use, 2020-2035
Table 24: Latin America Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Pressure Rating, 2020-2035
Table 25: Latin America Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 26: Middle East & Africa Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 27: Middle East & Africa Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Material Type, 2020-2035
Table 28: Middle East & Africa Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by End Use, 2020-2035
Table 29: Middle East & Africa Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Pressure Rating, 2020-2035
Table 30: Middle East & Africa Oil and Gas Flexible Pipe Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035