The global oil spill management market size was valued at USD 148.14 billion in 2023 and is projected to grow at a CAGR of 3.2% from 2024 to 2030. Increasing safety concerns coupled with rising oil spill incidents globally over the last few years are expected to drive the global market o... Read More »
October 2024The U.S. industrial pump market size was estimated at USD 5.14 billion in 2024. It is expected to expand at a CAGR of 3.4% from 2025 to 2030. This growth is attributed to infrastructure modernization and stringent environmental regulations are significant contributors, as they necessitat... Read More »
October 2024The North American piling machine market size was estimated at USD 1.01 billion in 2024 and is expected to grow at a CAGR of 3.1% from 2025 to 2030. The market growth is attributed to significant government and private sector investments in projects such as roads, bridges, and high-rise ... Read More »
October 2024The global offshore mooring systems market size was valued at USD 1.56 billion in 2023 and is projected to grow at a CAGR of 4.2% from 2024 to 2030. Rapid expansion of oil and gas E&P from the offshore fields along with the rising development of high-temperature gas hydrate basins fo... Read More »
October 2024The global well intervention market size was valued at USD 9.30 billion in 2023 and is projected to grow at a CAGR of 3.9% from 2024 to 2030. The increasing demand for energy and new oilfield developments are expected to drive market growth, fueled by efforts to boost productivity in con... Read More »
October 2024The global downhole tools market size was valued at USD 4.73 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.8% from 2024 to 2030. The oil and gas industry's increasing exploration and production activities drive the market growth for downhole tools.... Read More »
September 2024The global oil & gas drill bits market size was valued at USD 5.9 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2030. The high rate of fossil fuel extraction to meet the surging global energy demand has been a major market drive... Read More »
September 2024The global oilfield equipment market size was valued at USD 126.91 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 3.1% from 2024 to 2030. This growth is attributable to increasing energy demand, technological advancement in oilfield equipment, rising... Read More »
September 2024The North America stainless steel round bar market size was valued at USD 1.01 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2030. Increasing adoption in multiple industries such as construction, manufacturing, energy, medical equip... Read More »
September 2024The global pumps market size was estimated at USD 57.66 billion in 2023 and is anticipated to grow at a CAGR of 4.4% from 2024 to 2030. Pumps serve dual functions: they are employed to boost fluid pressure and move the fluid at a greater flow rate. In sectors like oil & gas explorati... Read More »
September 2024The Europe oilfield equipment market size was valued at USD 18.38 billion in 2023 and is projected to grow at a CAGR of 2.7% from 2024 to 2030. The market growth is driven by some prominent factors, including increasing energy requirements in the region and the growing number of activiti... Read More »
August 2024The global proppants market size was valued at USD 9.12 billion in 2023 and is projected to grow at a CAGR of 8.2% from 2024 to 2030. Advancements in fracturing technology and drilling techniques, along with the rise in proppants consumption per well, innovation in proppants technologies... Read More »
August 2024The global oilfield equipment rental market size was estimated at USD 24.13 billion in 2023 and is anticipated to grow at a CAGR of 3.8% from 2024 to 2030. Rising global investments in oil & gas exploration and production (E&P) activities are a major driver for the market. Crude ... Read More »
July 2024The global mining chemicals market size was estimated at USD 11.44 billion in 2023 and is projected to grow at a CAGR of 6.4% from 2024 to 2030. This growth is attributable to a growing demand for minerals in various end-user industries such as electronics, medical equipment, paints &... Read More »
July 2024The global bentonite market size was estimated at USD 2.44 billion in 2023 and is expected to grow at a CAGR of 6.2% from 2024 to 2030. Bentonite's unique properties, including its ability to absorb water and expand, make it invaluable in applications like drilling muds, foundry sands, a... Read More »
June 2024The global industrial pumps market size was estimated at USD 43.90 billion in 2023 and is expected to grow at a CAGR of 4.7% from 2024 to 2030. Rising adoption of industrial pumps in various industries, including water & wastewater, chemicals, oil & gas, and power generation, is ... Read More »
May 2024The global piling machine market size was valued at USD 5.06 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2030. The escalating demand for piling machines has primarily been propelled by the swift expansion of global infrastructure ... Read More »
January 2024The global explosives and pyrotechnics market size was valued at USD 28.4 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.7% from 2023 to 2030. The growth of this market is driven by the increasing demand for explosives in the mining, construction,... Read More »
November 2023The global tunnel boring machine market size was estimated at USD 6,390.0 million in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 4.9% from 2023 to 2030. The rising demand for tunnel boring machines has primarily been propelled by the swift expan... Read More »
October 2023The global glass lined equipment market size was estimated at USD 1.92 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 10.2% from 2023 to 2030. The market is primarily driven by its exceptional corrosion resistance and durability, making it a preferr... Read More »
October 2023