The global industrial pumps market size was valued at USD 63.29 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 4.9% from 2023 to 2030. The rising adoption of these products in various industries, including water and wastewater, chemical, oil and gas,... Read More »
February 2023The global mining lubricants market size was valued at USD 6.40 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 3.8% from 2022 to 2030. This is attributed to the growing demand for products to improve the performance of equipment and machinery in mini... Read More »
November 2022The 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 Sa... Read More »
June 2022The global mining chemicals market size was valued at USD 10.15 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 6.7% from 2022 to 2030. This growth is attributable to a growing demand for minerals in various end-user industries such as electronics, m... Read More »
May 2022The global drilling fluids market size was valued at USD 7.7 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 4.3% from 2022 to 2030. The growth is attributed to the rising requirement in the energy industry, which is expected to drive the global oi... Read More »
May 2022The global fuel transfer pumps market size was estimated at USD 1.71 billion in 2021 and is anticipated to grow at a compounded annual growth rate (CAGR) of 4.9% from 2022 to 2030. Rising urbanization, technological developments, fast-paced industrialization, and growth in infrastru... Read More »
April 2022The Africa mining chemicals market size was valued at USD 622.87 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.6% from 2021 to 2028. Factors such as the increasing mining activities and a surge in water treatment operations are likely to fuel the ... Read More »
October 2021The global pumps market size was valued at USD 92.91 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 3.2% from 2020 to 2028. Increasing investments in the oil & gas sector, technological advancements in pump manufacturing, and new product launches f... Read More »
September 2021The global piling machine market size was valued at USD 5.08 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.6% from 2021 to 2028. Increasing urbanization in emerging countries, such as India, China, Brazil, and Mexico, is anticipated to augment the... Read More »
March 2021The U.S. industrial pump market size was estimated at USD 7.62 billion in 2019. It is expected to expand at a compounded annual growth rate (CAGR) of 1.7% from 2020 to 2027. The rise in crude oil production in the U.S. in both offshore and onshore oil fields is anticipated to propel the ... Read More »
November 2020The global metal cutting machine market size was valued at USD 6.17 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.9% from 2020 to 2027. Rising demand for highly-efficient metal cutting machines from various application industries, including automoti... Read More »
August 2020The GCC and North Africa coiled tubing market size was valued at USD 636.7 million in 2018 and is and is expected to expand at a Compounded Annual Growth Rate (CAGR) of 4.8% from 2019 to 2025. This high growth is attributed to the increasing adoption of coiled tubing (CT) services for th... Read More »
June 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 North America piling machine market size was estimated at USD 889.5 million in 2016. The rising number of wind farms in the U.S. and Canada as a result of government support in the form of financial assistance is expected to have a positive impact on market growth. In addition, incre... 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 affects the environment as well as the finances of the companies accountable to pay hefty amounts in the form of compensation or damage. Hence, rising awaren...Read More »
The global oil country tubular goods market is anticipated to witness strong growth over the forecast period owing to increased drilling and production activities. Rising demand for premium pipes coupled with the advent of technologically advanced pipes. Appropriate selection of OCTG dur...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 positive displacement 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 ... Read More »
September 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 the industr... 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 & pyrotechnics market size was 18,188.7 kilo tons in 2015 of which the pyrotechnics market size was 8,116.5 kilotons. The industry is expected to grow significantly over the forecast period on account of increasing use of the product in construction and min... 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 2016The global stone crushing equipment market is expected to witness significant growth over the forecast period. Stone crushing equipment is used to lower the size, or to change the shape of the raw material mix by breaking down the stones into small pieces, so that they are easily differe...Read More »
North 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's 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. The rising crude field production ... 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 a need to develop high performance and ... 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. The ... 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 2015The global drill bits for oil and gas market size was estimated to be 2,835.0 hundred units in 2014. The 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&... Read More »
December 2014The global enhanced fire protection systems market is anticipated to witness growth over the forecast period. Expanding the offshore oil & gas industry from the past few years on account of depleting inland reserves has necessitated the implementation of enhanced fire protection syst...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 concerns and increasing fastening material demand in oil & gas E&P. Growing oil & gas extraction activities globally is anticipated to bolster market growth. Tubing & ...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 copper mining market is anticipated to grow significantly over the forecast period. Copper is a metal and is denoted by the 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 en...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 workover & completion. Increasing crude oil production coupled with growing deman...Read More »
The global subsea production and processing systems market is anticipated to witness substantial growth in the coming years on account of the high demand for energy coupled with continuous conventional onshore petroleum reserves depletion. Exploration & production in deepwater and ul...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 the e...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 »
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 the rapid expansion of transmission and distribution (T&D) networks. Industrial insulators are primarily made of three types of materials namely ceramic, composite, and g...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 »