The 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 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 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 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 »
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