The global mining equipment market size was valued at USD 144.37 billion in 2019 and is projected to register a CAGR of 12.7% from 2020 to 2027. Ongoing digital mine innovation is expected to transform the key aspects of mining over the next few years. Increased investment, along with go...Read More »
March : 2020The global industrial pump market size was valued at USD 62.6 billion in 2019 and is expected to expand at a CAGR of 5.9% over the forecast period. Growing expenditure on infrastructural development in various economies across the globe is expected to augment the demand for industrial pu...Read More »
March : 2020The global coiled tubing market size was valued at USD 3.25 billion in 2019 and is predicted to expand at a significant CAGR of 4.8% from 2020 to 2027. Rising oil and gas production around the globe coupled with increasing penetration of Coiled Tubing (CT) in well intervention services i...Read More »
February : 2020The global industrial diamond market size was estimated at USD 1.79 billion in 2018 and is projected to witness a CAGR of 2.9% from 2019 to 2025. Rapid growth of the construction and automotive sectors is the key factor driving the market. Industrial diamond is used in various industries...Read More »
July : 2019The global piling machine market size was valued at USD 4.8 billion in 2018 and is anticipated to register a CAGR of 4.6% over the forecast period. This is attributed to rapid infrastructural development across residential commercial and commercial sectors. Rising consumption of metals a...Read More »
April : 2019The North America piling machine market size was estimated at USD 889.5 million in 2016. Rising number of wind farms in U.S. and Canada as a result government support in the form of financial assistance is expected to have a positive impact on market growth. In addition, increasing produ...Read More »
February : 2019The global downhole tools market size was estimated at USD 3.57 billion in 2017. Rising E&P activities in deep-sea bed associated with drilling and completion efficiencies is resulting in maximization of production rates by industry participants. This, in turn, has worked in favor of...Read More »
January : 2019The global oil & gas pipeline leak detection market is anticipated to witness significant growth. Incidence of leaks adversely affect the environment as well as the finances of the companies accountable to pay hefty amounts in the form of compensation or damage. Hence, rising awarene...Read More »
The global oil country tubular goods market is anticipated to witness strong growth over the forecast period owing to increasing drilling and production activities. Rising demand for premium pipes coupled with the advent of technologically advanced pipes. Appropriate selection of OCTG du...Read More »
The global pressure pumping market size was valued at USD 53.1 billion in 2016. It is expected to register a CAGR of 4.1% over the forecast period. Increasing demand for primary energy in power generation, transportation, and household activities is one of the key trends stimulating mark...Read More »
April : 2018The global mining chemicals market size was valued at USD 23.20 billion in 2016. It is anticipated to witness a CAGR of 6.4% from 2016 to 2024. Growing demand for minerals, rising emphasis on water & wastewater treatment, and increasing mining activities are among the key trends spur...Read More »
April : 2018The global PD pumps market, in terms of revenue, was valued at USD 2.8 billion in 2016. Improvement in the economic indicators in North America and APAC is presenting several opportunities in the pharmaceutical sector for manufacturers. The booming pharmaceutical industry in developing c...Read More »
September : 2017The global mining drills & breakers market size was valued at USD 8.04 billion in 2016. The increasing mineral exploration activities are expected to drive market growth over the next nine years, owing to the presence of several mineral reserves, particularly in China, India, and Aus...Read More »
September : 2017The global metal cutting machine (MCM) market size was estimated at USD 5.99 billion in 2016. Increasing global demand from several application industries to cut various industry components with high precision level and edge quality is expected to be a key growth factor. In addition, gro...Read More »
August : 2017The global well intervention market size was worth USD 12.45 billion in 2016. Increasing demand for energy and development of new oilfields is expected to be a key factor driving market growth.Rising E&P to enhance productivity in conventional oil & gas fields particularly in Sau...Read More »
May : 2017The global oil spill management market size was worth 131.16 billion in 2015. Increasing safety concerns coupled with rising figure of oil spill incidents globally over the last few years is expected to drive the global market over the next nine years. A significant increase in the onsho...Read More »
April : 2017The global offshore mooring systems market size was valued at USD 1,086 million in 2016. Rapid expansion of oil and gas E&P from the offshore fields along with the rising development of high temperature gas hydrate basins for sustainable future growth is expected to drive industry ov...Read More »
April : 2017The global bentonite market size was valued at USD 1.27 billion in 2015 and is expected to witness growth at a CAGR of 4.8% over the forecast period on account of its increasing use in oil well cement and drilling fluid applications. Bentonite clay is generated from the alteration of vol...Read More »
December : 2016The global explosives market size was 18,188.7 kilo tons in 2015 of which the pyrotechnics market size was 8,116.5 kilo tons. The industry is expected to grow significantly over the forecast period on account of increasing use of the product in construction and mining activities. Rising ...Read More »
November : 2016The global High Pressure Grinding Roller (HPGR) market is anticipated to witness growth owing to increase in adoption in the mining and cement industry. Grinding is expected to consume majority of the energy required in overall mining process; therefore, players are focusing on adopting ...Read More »
August : 2016Global oil & gas separation equipment market size was USD 6,386.1 million in 2014. Growing petroleum industry particularly in Middle East & Africa and North America is anticipated to drive the market over the forecast period.Increasing E&P activities in the U.S., Indonesia, V...Read More »
July : 2016North America stainless steel round Bar market size was valued at USD 1.42 billion in 2014 and is expected to witness significant growth over the next seven years owing to growing demand in construction applications including structural members in tension, load transfer devices, tie rods...Read More »
March : 2016Europe oilfield equipment market size was valued at USD 16.39 billion in 2014. Growing crude demand has been prompting exploration & production companies in Europe to get involved in extensive drilling activities in onshore and offshore locations. Rising number of crude field product...Read More »
February : 2016Global oilfield equipment market size was estimated at USD 97.34 billion in 2013. High demand is resulting in increased crude yielding activities which in turn are expected to drive demand over the forecast period. To yield better results, there is need to develop high performance and ef...Read More »
September : 2015The viscometer is an instrument used for measuring viscosity in fluids either when the fluid is stagnant, or the entity is stagnant. In-line process viscometers are widely used across various end-use industries such as petroleum, pharmaceuticals, foods and beverages and chemicals. Rapid ...Read More »
August : 2015The global proppants market demand was 49,769.6 kilotons in 2014. The market is projected to expand at a CAGR of 11% from 2015 to 2020. Rising application of proppants in hydraulic fracturing to keep the fractures open and to impart high permeability to unconventional plays is anticipate...Read More »
February : 2015Global drill bits for oil & gas market size was estimated to be 2,835.0 hundred units in 2014. High rate of fossil fuel extraction to meet the surging global energy demand has been a major factor driving the market growth over the past few years. Large scale drilling and E&P in b...Read More »
December : 2014The global enhanced fire protection systems market is anticipated to witness growth over the forecast period. Expanding offshore oil & gas industry from past few years on account of depleting inland reserves has necessitated implementation of enhanced fire protection systems at the e...Read More »
The global drilling jars market is expected to witness growth over the forecast period, driven by increasing drilling activity owing to hydrocarbon exploration & production initiatives. Drilling jars are bottom-hole assembly components and are used for freeing the drill string in a p...Read More »
The global packer market is expected to register growth over the forecast period owing to growing safety concern and increasing fastening material demand in oil & gas E&P. Growing oil & gas extraction activities globally is anticipated to bolster the market growth. Tubing &am...Read More »
Rising safety concerns, efficient production and increasing global exploration & production activities are expected to augment subsea well access market growth over the next six years. Stringent safety norms coupled with large penalties imposed on oil & gas operators in past few ...Read More »
The global completion equipment market is expected to grow over the forecast period .Growing E&P activities globally owing to ever increasing energy needs is expected to remain a key driver for market growth over the forecast period. Global energy demand is expected to reach four gig...Read More »
Maturing onshore oilfields coupled with growing energy demand has resulted in high offshore production investment, which is expected to drive global subsea pumps market over the next six years. Discovery of commercially viable offshore hydrocarbon reservoirs is expected to augment the gl...Read More »
The global enhanced gas recovery market is expected to register growth owing to the increasing natural gas demand globally over the next seven years. Increasing natural gas preference over other conventional fossil fuels is anticipated to drive global market growth. Enhanced gas recovery...Read More »
The global oil and gas accumulators market is expected to witness a huge growth in demand over the forecast period, owing to increased demand for crude oil across the globe. This has led to a surge in drilling and oil & gas exploration activities which is expected to be the key drive...Read More »
Global barium petroleum sulfonate market is projected to witness rapid growth owing to increased drilling activities over the forecast period. Growing energy demand has prompted hydrocarbon exploration & production companies to increase their drilling activities. Such a trend is pres...Read More »
The global specialty oilfield chemicals market is expected to witness significant growth over the next seven years owing to increasing application in drilling fluid activities, production chemicals and work over & completion. Increasing crude oil production coupled with growing deman...Read More »
The global copper mining market is anticipated to grow significantly over the forecast period. Copper is a metal and is denoted by Cu symbol. It has a high electrical and thermal conductivity by the virtue of this it is used aggressively in construction of various buildings, solar energy...Read More »
The global subsea production and processing systems market is anticipated to witness substantial growth in coming years on account of the high demand for energy coupled with continuous conventional onshore petroleum reserves depletion. Exploration & production in deepwater and ultra ...Read More »
The global marine mining market has witnessed several developments in deep sea mineral exploration projects and is expected to observe surge in demand owing to depleting onshore energy resources. Increasing population coupled with depleting terrestrial deposits is expected to drive explo...Read More »
The global single point anchor reservoirs market is likely to grow at a faster rate over the forecast period, as the rapidly growing population has resulted in an increased demand for crude oil and natural gas. Single point anchor reservoir (SPAR) is an alternative to the conventional oi...Read More »
Global barite market is expected to witness significant growth over the forecast period owing to increasing demand from oil & gas exploration industry. Oil & gas industry extensively uses barite as a weighting agent which helps to prevent blowouts and suppress high pressure forma...Read More »
The global drill bit market is expected to witness growth over the forecast period on account of increasing drilling meant for exploration and production of crude oil and natural gas in Australia, Middle East and the U.S. Growing construction industry in light of rapid industrialization ...Read More »
Global industrial insulator market is anticipated to witness significant growth over the forecast period owing to rapid expansion of transmission and distribution (T&D) networks. Industrial insulators are primarily made of three types of materials namely ceramic, composite and glass ...Read More »
The global offshore rental equipment market is expected to observe significant growth over the next seven years owing to increasing investments in deep and ultra-deep sea especially in the Gulf of Mexico and North Sea region. Globally, energy demand is anticipated to rise at a steep pace...Read More »
Global increase in aluminum demand from key end-use industries such as automobile and packaging is expected to drive cryolite market growth over the next seven years. This market is expected to witness significant growth rates owing to increasing aluminum application scope in end-use ind...Read More »