Coiled Tubing Market Size & Share Poised for Growth by 2025

According to the new market research report "Coiled Tubing Market by Fleet (Operator, Region), Service (Well Intervention Service (Well Completions & Mechanical Operations, Well Cleaning & Pumping Operations) Drilling Service, Others), Application (Onshore, Offshore), Region - Global Forecast to 2025", The global coiled tubing market size is projected to reach USD 4.0 billion by 2025 from an estimated USD 3.0 billion in 2020, at a post COVID-19 CAGR of 5.8% during the forecast period. Stabilized oil prices have revitalized the exploration & production expenditures globally. This has led to increased investments in the enhancement of productivity of oil & gas wells. Furthermore, the global coiled tubing industry is driven by the upsurge in the oil & gas production by countries owing to rising demand from the Asia Pacific.

Key Market Players:

Some of the key players are Schlumberger (US), Halliburton (US), NexTier Oilfield Solutions (US), Weatherford (Switzerland), and Baker Hughes (US). The leading players are adopting various strategies to increase their share in the coiled tubing industry. New product launches, and contracts & agreements have been a widely adopted strategy by the major players in the coiled tubing market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=804

North America is estimated to be the fastest-growing market for coiled tubing during the forecast period. The region has been segmented, by country, into the US and Canada. The increasing shale oil & gas production in the North America region is driving the coiled tubing market. According to the BP statistical report for June 2019, the US is the top producer of oil, producing 15.3 billion barrels of oil, in 2018. Moreover, the country has been experiencing huge investments from upstream operators to increase the production from the depleting fields in Texas, Permian Basin, and the Gulf of Mexico, along with new drilling activities in ultra-deepwater locations in the Gulf of Mexico, which is likely to drive the North American coiled tubing market.

The coiled tubing market, by service, is segmented into well intervention service, drilling service, and others. Others include minor services such as fishing, fracturing, wireline logging, and inspection. Well Intervention services is the fastest growing market by region and are also observed as new revenue pockets. These services are further sub-segmented as well cleaning & pumping operations and well completions & mechanical operations. The challenges faced by oilfield operators during the well completion and production phase include the accumulation of hard scale, water shutoff, and formation damage. Coiled tubing helps in addressing these challenges through descaling operations, reperforation, and zonal isolation.

Request Sample Copy @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=804

The coiled tubing market, by application, is categorized into onshore and offshore. The African offshore segment is expected to provide many opportunities for the coiled tubing market in the future, owing to huge drilling activities in offshore Angola and Mozambique gas production activities. The activities in offshore oilfield environments are comparatively more complex than onshore oil & gas fields thus, there is an increasing demand for digitization in offshore oil & gas fields. Furthermore, the investments to revive the mature onshore fields are expected to offer lucrative opportunities for the coiled tubing manufacturers during the forecast period.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com

Power Grid System Market in Subsea is Projected to Reach $14.8 billion in 2027

 According to the new market research report "Power Grid System Market in Subsea by Component (Cables, Variable Speed Drives, Transformers, Switchgears), Application (Captive Generation, Wind Power), Depth (Shallow Water and Deepwater) and Region - Global Forecast to 2027", published by MarketsandMarkets™, the Power Grid System Market in Subsea is expected to grow from an estimated USD 9.1 billion in 2022 to USD 14.8 billion in 2027, at a CAGR of 10.2% during the forecast period. Power grid systems in subsea play an important role in the offshore power supply network. Subsea power grid comprise of several components such as cables, transformers, variable speed drives, switchgears, and others used for various applications. The subsea power grid system is gaining traction as oilfield operators are moving toward deep and ultra-deepwater levels for exploring oil and gas reserves. Moreover, offshore wind power is also one of the prominent applications for subsea power grid systems. Favorable government policies for offshore renewable power production, especially using wind energy along with urgent need to reduce carbon emissions and improve grid reliability and efficiency is expected to drive the demand for subsea power grid systems.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1100 

The cables segment, by component, is expected to be the most significant Power Grid System Market in Subsea during the forecast period

The Power Grid System Market in Subsea, on the basis of component, has been segmented into cables, transformers, switchgears, variable speed drives, and others. The others segment includes connectors, actuators, sensors, and penetrators. The cables segment, by component, is expected to dominate the Power Grid System Market in Subsea during the forecast period. The adoption of subsea power cables has been mainly driven by the HV power transmission and offshore oil & gas industries. Subsea power cables are widely used to link shore-based power grids. These cables carry power from one country to another, as well as from one offshore platform to another, and transfer power from offshore renewable energy generation plants, which use wind, wave, and tidal energy to generate electricity; regional electrical transmission networks; etc.

The captive generation segment, by application, is expected to be the largest Power Grid System Market in Subsea during the forecast period

The Power Grid System Market in Subsea, by application, has been broadly classified into wind power, captive generation, and Others. The others segment includes solar power, tidal power and diesel & gas based floating power plants. The captive generation segment held the largest market in 2021. The subsea power grid supplies and distributes power to various components. Subsea power grid systems enable long-distance subsea tie-back developments for energy-intensive oil & gas processing activities on the seafloor. The demand for subsea power grid systems is continuously increasing in captive generation applications owing to the rising number of subsea operations, growing use of satellite wells for subsea field developments, and an increasing number of deepwater drilling activities.

Browse in-depth TOC on "Power Grid System Market"
120 – Tables
47 – Figures  
214 – Pages

View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/subsea-power-grid-offshore-supply-market-1100.html 

The deepwater segment, by end user, is expected to witness the highest CAGR during the forecast period

The Power Grid System Market in Subsea, by depth, has been segmented into shallow water and deepwater. The deepwater segment of the Power Grid System Market in Subsea, by depth, is expected to witness the highest CAGR during the forecast period. The depletion of shallow water reserves (maturing shallow water basins) has made E&P companies shift their focus on deepwater areas. Deepwater activities would continue to be a key avenue for oil production and, thus, it would generate substantial demand for Power Grid System Market in Subsea.

 

Europe is expected to dominate the global Power Grid System Market in Subsea during the forecast period

In this report, the Power Grid System Market in Subsea has been analyzed for 5 regions, namely Asia Pacific, North America, Europe, Middle East & Africa, South America. Europe is estimated to be the largest market for power grid systems in subsea during the forecast period. Countries such as Norway, the UK, and the Netherlands are witnessing heightened construction of offshore wind farms due to stringent energy efficiency mandates, and the strong focus of most European countries on utilizing renewable energy sources for power generation propels European market growth.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1100
 

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Power Grid System Market in Subsea. These include ABB (Switzerland), General Electric (US), Siemens Energy (Germany), Prysmian Group (Italy), Nexans (France), TechnipFMC (UK), and Baker Hughes (US). The leading players are trying to establish themselves in the markets of developed countries and are adopting various strategies to increase their respective market shares.

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: newsletter@marketsandmarkets.com

Thermoplastic Pipe Market Expected to Witness the Highest Growth during 2021-2026

According to the new market research report "Thermoplastic Pipe Market by Product Type (TCP and RTP), Polymer Type (PE, PP, PVDF, PVC, Others), Application (Onshore & Offshore), End-user Industry (Oil & Gas, Water & Wastewater Treatment, Mining & Dredging) and Region - Global Forecast to 2026", published by MarketsandMarkets™, the Thermoplastic Pipe Market is projected to reach USD 3.3 billion by 2026 The Thermoplastic Pipe Market size will grow to  USD 3.3 billion by 2026 from USD 2.7 billion in 2021, at a CAGR of 4.5% during the forecast period.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=94371234

The Thermoplastic Pipe Market has promising growth potential due to the increasing use of engineered thermoplastic materials in manufacturing pipes. The engineering grades of thermoplastic materials, such as polyamide (PA), polyethylene (PE), and polyvinylidene fluoride (PVDF), are gaining increased acceptance in niche oil & gas applications as well. Additional properties such as better chemical, corrosion, and wear resistance, light weight, cost-effectiveness, and acceptable mechanical properties compared with metals have made thermoplastics a viable option for various applications, including water transport and distribution, effluent water disposal, high-pressure water injection, seawater intake and discharge, chemical injections, and transport of oil, gas, water, and wastewater in the oil & gas industry.

Thermoplastic Pipe Market

The onshore segment is expected to dominate the Thermoplastic Pipe Market, by application, during the forecast period.

The onshore segment is expected to hold the largest market share and also grow at the fastest rate during the forecast period. Thermoplastic pipes are used in onshore industry for various applications including high pressure water injection pipelines and transportation, among others.

Browse in-depth TOC on "Thermoplastic Pipe Market"

350 – Tables
50 – Figures  
303 – Pages

View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/thermoplastic-pipe-market-94371234.html 

The polyethylene segment is expected to be the largest Thermoplastic Pipe Market, by polymer type, during the forecast period.

The polyethylene held the largest share of the Thermoplastic Pipe Market owing to its light weight, flexibility, and easy to weld properties. There are two variants of PE pipes available in the market, i.e. HDPE (high-density polyethylene pipes) and PEX (cross-linked polyethylene). The crosslinked structure of polyethylene enhances the toughness and temperature resistance of the material. This enables the content to be specified for use in more harsh environments both at lower and higher temperatures.

Asia Pacific likely to emerge as the largest Thermoplastic Pipe Market.

In this report, the Thermoplastic Pipe Market has been analyzed for five regions, namely, North America, South America, Europe, Asia Pacific, and Middle East & Africa. The growth of the Asia Pacific market is driven by urbanization and industrialization growth along with increasing mining activities in China, Australia, and India.

Ask FREE Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=94371234

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Thermoplastic Pipe Market.

Some of the key players are NOV (US), Wienerberger (Austria), TechnipFMC (UK), Georg Fischer (Switzerland), and Advanced Drainage Systems (US). The leading players are adopting various strategies to increase their share in the Thermoplastic Pipe Market.

Browse related reports:

Coiled Tubing Market by Fleet (Operator, Region), Service (Well Intervention Service (Well Completions & Mechanical Operations, Well Cleaning & Pumping Operations) Drilling Service, Others), Application (Onshore, Offshore), Region - Global Forecast to 2025

https://www.marketsandmarkets.com/Market-Reports/coiled-tubing-market-804.html

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: newsletter@marketsandmarkets.com

Sand Control Solutions Market Size to Reach $3.2 billion by 2025

 According to the new market research report "Sand Control Solutions Market by Location (Onshore, Offshore), Application (Cased hole, Open hole), Well Type (Horizontal, Vertical), Type (Gravel Pack, Frac Pack, Sand Screens, Inflow Control Devices, Others), and Region - Global Forecast to 2025", size will grow to  USD 3.2 billion by 2025 (forecast year) from USD 2.1 billion in 2020 (estimated year), at a CAGR of 8.9% during the forecast period. The continuous shale development activities and efforts to increase reserve to production ratio from the wells are the key factors driving the growth of the sand control solutions market. Likewise, the increasing offshore exploration & production and subsea activities are expected to offer lucrative opportunities for the sand control solutions market during the forecast period.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=75221369

The onshore segment is expected to dominate the sand control solutions market, by location, during the forecast period.

The onshore location held a larger market size due to the presence of vast onshore oil & gas wells. It increased dependency on conventional oil & gas, which is the most profitable and convenient way to meet the energy demand. Gravel packs are mainly installed for onshore locations. Onshore locations involve the placing of these systems in the wellbore to filter sand during extraction. The growing demand in onshore applications shows increasing oil production from basins such as Permian. Such factors are expected to boost the demand for the sand control solution market for the onshore location during the forecast period.

The gravel pack segment is expected to be the fastest-growing sand control solutions market, by type, during the forecast period.

Gravel packing is an effective means of preventing the formation of sand from entering the production string. Gravel pack systems are used to increase the surface area of the producing well to increase the production rates. In gravel packing, a steel screen is placed in the wellbore and the surrounding annulus is packed with the prepared gravel of a specific size designed to prevent the passage of formation sand. The primary objective is to stabilize the formation while causing minimal impairment to well productivity. Gravel pack systems are suitable for unconsolidated to tight sand formations, both open-hole or cased-hole wells, and for both conventional and unconventional applications. The advantages of an open-hole gravel pack are increased reliability and productivity from the well.

Ask FREE Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=75221369

Asia Pacific likely to emerge as the largest sand control solutions market

In this report, the sand control solutions market has been analyzed for five regions, namely, North America, South America, Europe, Asia Pacific, Middle East & Africa. Asia Pacific is expected to be the largest sand control solutions market during the forecast period. China, Indonesia, India, Australia, Thailand, and the Rest of Asia Pacific. The Rest of Asia Pacific includes Malaysia, Myanmar, and Pakistan. The region accounts for a substantial portion of the global oil demand due to the rise in industrialization, urbanization, population growth, and the growth of the consumer class. This growth in oil demand propels oil & gas exploration and production activities, which drives the market for oilfield equipment and services, including sand control solutions. Despite a considerable number of oil reserves, the exploration and production industry in Asia Pacific needs more attention on production optimization and reserve replacement. The recovery rate of oil & gas needs to be improved as many Asian countries rely on imported crude oil for their energy needs. The need to develop new resources and increase production from existing fields would drive the growth of the sand control solutions market in Asia Pacific.

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the sand control solutions market.

Some of the key players are Schlumberger (US), Halliburton (US), Baker Hughes Company (US), Weatherford (Switzerland), and Superior Energy Services (US). The leading players are adopting various strategies to increase their share in the sand control solutions market.

Press release url - https://www.marketsandmarkets.com/PressReleases/sand-control-systems.asp

Browse Related Reports:

Coiled Tubing Market by Fleet (Operator, Region), Service (Well Intervention Service (Well Completions & Mechanical Operations, Well Cleaning & Pumping Operations) Drilling Service, Others), Application (Onshore, Offshore), Region - Global Forecast to 2025

Well Intervention Market by Service (Logging and Bottomhole Survey, Tubing/Packer Failure and Repair, Stimulation), Intervention (Light, Medium, Heavy), Application (Onshore, Offshore) Well (Horizontal, Vertical) Region - Global Forecast to 2026

Oilfield Services Market by Application (Onshore and Offshore), Service (Well Completion Equipment & Services, Well Intervention Services, Coiled Tubing Services, Pressure Pumping Services, OCTG, and Wireline Services), and Region - Global Forecast to 2022

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com

Global Sand Control Solutions Market Analysis | By Company Profiles | Size | Share | Growth | Trends and Forecast To 2025 available in the latest report

 According to the new market research report "Sand Control Solutions Market by Location (Onshore, Offshore), Application (Cased hole, Open hole), Well Type (Horizontal, Vertical), Type (Gravel Pack, Frac Pack, Sand Screens, Inflow Control Devices, Others), and Region - Global Forecast to 2025", published by MarketsandMarkets™, the Sand Control Solutions Market size will grow to  USD 3.2 billion by 2025 (forecast year) from USD 2.1 billion in 2020 (estimated year), at a CAGR of 8.9% during the forecast period. The continuous shale development activities and efforts to increase reserve to production ratio from the wells are the key factors driving the growth of the Sand Control Solutions Market. Likewise, the increasing offshore exploration & production and subsea activities are expected to offer lucrative opportunities for the Sand Control Solutions Market during the forecast period.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=75221369

The onshore segment is expected to dominate the Sand Control Solutions Market, by location, during the forecast period.

The onshore location held a larger market size due to the presence of vast onshore oil & gas wells. It increased dependency on conventional oil & gas, which is the most profitable and convenient way to meet the energy demand. Gravel packs are mainly installed for onshore locations. Onshore locations involve the placing of these systems in the wellbore to filter sand during extraction. The growing demand in onshore applications shows increasing oil production from basins such as Permian. Such factors are expected to boost the demand for the sand control solution market for the onshore location during the forecast period.

Browse in-depth TOC on "Sand Control Solutions Market"

107 – Tables
59 – Figures
193 – Pages

View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/sand-control-systems-market-75221369.html 

The gravel pack segment is expected to be the fastest-growing Sand Control Solutions Market, by type, during the forecast period.

Gravel packing is an effective means of preventing the formation of sand from entering the production string. Gravel pack systems are used to increase the surface area of the producing well to increase the production rates. In gravel packing, a steel screen is placed in the wellbore and the surrounding annulus is packed with the prepared gravel of a specific size designed to prevent the passage of formation sand. The primary objective is to stabilize the formation while causing minimal impairment to well productivity. Gravel pack systems are suitable for unconsolidated to tight sand formations, both open-hole or cased-hole wells, and for both conventional and unconventional applications. The advantages of an open-hole gravel pack are increased reliability and productivity from the well.

Asia Pacific likely to emerge as the largest Sand Control Solutions Market

In this report, the Sand Control Solutions Market has been analyzed for five regions, namely, North America, South America, Europe, Asia Pacific, Middle East & Africa. Asia Pacific is expected to be the largest Sand Control Solutions Market during the forecast period. China, Indonesia, India, Australia, Thailand, and the Rest of Asia Pacific. The Rest of Asia Pacific includes Malaysia, Myanmar, and Pakistan. The region accounts for a substantial portion of the global oil demand due to the rise in industrialization, urbanization, population growth, and the growth of the consumer class. This growth in oil demand propels oil & gas exploration and production activities, which drives the market for oilfield equipment and services, including sand control solutions. Despite a considerable number of oil reserves, the exploration and production industry in Asia Pacific needs more attention on production optimization and reserve replacement. The recovery rate of oil & gas needs to be improved as many Asian countries rely on imported crude oil for their energy needs. The need to develop new resources and increase production from existing fields would drive the growth of the Sand Control Solutions Market in Asia Pacific.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=75221369 

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Sand Control Solutions Market.

Some of the key players are Schlumberger (US), Halliburton (US), Baker Hughes Company (US), Weatherford (Switzerland), and Superior Energy Services (US). The leading players are adopting various strategies to increase their share in the Sand Control Solutions Market.

Browse Adjacent Markets: Energy and Power Market Research Reports & Consulting

Browse Related Reports:

Coiled Tubing Market by Fleet (Operator, Region), Service (Well Intervention Service (Well Completions & Mechanical Operations, Well Cleaning & Pumping Operations) Drilling Service, Others), Application (Onshore, Offshore), Region - Global Forecast to 2025

https://www.marketsandmarkets.com/Market-Reports/coiled-tubing-market-804.html

Well Intervention Market by Service (Logging & Bottomhole Survey, Tubing/Packer Failure & Repair, Stimulation, Artificial Lift), Type (Light, Medium, Heavy) Application (Onshore, Offshore) Well (Horizontal, Vertical) Region - Global Forecast to 2025

https://www.marketsandmarkets.com/Market-Reports/well-intervention-market-1099.html

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: newsletter@marketsandmarkets.com

Oil & Gas Pumps Market Revenue is Anticipated to Reach $9.0 Billion by 2025 | Flowserve, Sulzer, Weir Group, KSB, Xylem

 According to the new market research report "Oil & Gas Pumps Market by Type (Submersible, Non-submersible) Pump Type (Centrifugal, Positive Displacement (Screw, Reciprocating, Rotary and Gear, Progressive Cavity), Cryogenic), Application (Upstream, Midstream, Downstream), Region - Global Forecast to 2025", published by MarketsandMarkets™, the Oil & Gas Pumps Market size will grow to  USD 9.0 billion by 2025 (forecast year) from USD 6.6 billion in 2020 (estimated year), at a CAGR of 6.4% during the forecast period. Continuous shale development activities and the development of gas terminals are the key factors driving the growth of the Oil & Gas Pumps Market. Likewise, the development of pipeline infrastructure in Asia Pacific and the Middle East and the discovery of new reservoirs in the African region are expected to offer lucrative opportunities for the Oil & Gas Pumps Market during the forecast period.

Download PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=72491540

The centrifugal segment is expected to dominate the Oil & Gas Pumps Market, by pump type, during the forecast period.

The centrifugal pump segment is estimated to dominate the pumps market in oil & gas industry in 2018 and is projected to have the largest market share during the forecast period. Centrifugal pumps are preferred for processes that handle low viscosity liquids and high flow rates. Various types of centrifugal pumps are used in a wide variety of applications. The ability of these pumps to be used across various applications has resulted in their higher market share.

Browse in-depth TOC on "Oil & Gas Pumps Market"

191 – Tables

56 – Figures  

230 – Pages

View Detailed Table of Content Here:

https://www.marketsandmarkets.com/Market-Reports/oil-gas-pump-market-72491540.html

The midstream segment is expected to be the fastest-growing Oil & Gas Pumps Market, by application, during the forecast period.

The midstream segment is estimated to dominate the pumps market in oil & gas industry in 2018 and is projected to have the largest market share during the forecast period. The midstream oil activities mainly include transportation of crude oil and refined products over land, using a network of pipes and pumping stations as well as trucks and rail cars. The growth of unconventional resources is creating the need for an expanded midstream network of pipelines, rail, tankers, and terminals. This is expected to drive the pumps market in the midstream segment.

Asia Pacific likely to emerge as the largest Oil & Gas Pumps Market

In this report, the Oil & Gas Pumps Market has been analyzed for five regions, namely, North America, South America, Europe, Asia Pacific, Middle East & Africa. Asia Pacific is expected to be the largest Oil & Gas Pumps Market during the forecast period. Asia Pacific comprises China, India, Japan, Australia, and Rest of Asia Pacific. The market in China is expected to grow as it is one of the major importers of oil and its domestic demand surpasses its production. The demand for oil products in the Asia Pacific region is rapidly increasing as the region experiences strong economic growth. The region has less than 9.0% of the world’s proven reserves, implying a high rate of redevelopment and rehabilitation of oilfields. Substantial economic growth and the demand for oil & gas have led to an increase in offshore oil & gas E&P in the region. The increasing activities in deeper and more remote waters in the Philippines and Myanmar are expected to meet the growing energy demand. According to the BP Statistical Review of World Energy 2020, Asia Pacific accounted for 44.1% share of global primary energy consumption.

Request Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=72491540  

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Oil & Gas Pumps Market.

Some of the key players are Flowserve (US), Sulzer (Switzerland), Weir Group (UK), KSB (Germany), and Xylem (US). The leading players are adopting various strategies to increase their share in the Oil & Gas Pumps Market.

About MarketsandMarkets™:

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com

Coiled Tubing Market Revenue to Hit $5.4 billion by 2024 | Leading key players are Schlumberger, Halliburton, C&J Energy Service, Weatherford, BHGE

According to the new market research "Coiled Tubing Market by Fleet (Operator, Region), Service (Well Intervention (Well Completions & Mechanical Operations, Well Cleaning & Pumping Operations), Drilling Service ), Application (Onshore, Offshore), and Region - Global Forecast to 2024", The global coiled tubing market size is projected to reach USD 5.4 billion by 2024 from an estimated USD 3.8 billion in 2019, at a CAGR of 7.1% during the forecast period. The rising number of mature fields in Europe and the Middle East, along with rising primary energy demand from Asia Pacific are the driving factors for the coiled tubing industry, globally. Coiled tubing units are required while intervention and drilling operations during either of the phases, well drilling, completion, and production.

Browse 114 market data Tables and 53 Figures spread through 189 Pages and in-depth TOC on "Coiled Tubing Market - Global Forecast to 2024"

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=804

The well intervention segment is expected to dominate the coiled tubing market, by service, during the forecast period.

At the initial stage, every crude oil or natural gas reservoir has sufficient reservoir pressure, but it declines with time. Post that, the oil well operators need to pump fluids and perform certain intervention operations, such as well stimulation, sand control, unloading well with nitrogen, gravel packing, pumping slurry, and scale removal. These are generally categorized as well cleaning & pumping operations. Similarly, for depleting reservoirs, the well requires some completions or mechanical operations such as the setting of plug or packer, fishing, perforation of producing wells, removing of scales, cutting tubular service, running a completion unit, and performing of straddle for zonal isolation. Demand for these services drives the well intervention segment for the coiled tubing market.

This research report categorizes the coiled tubing market based on service, application, fleet, and region.

Based on Service:

·         Well intervention

·         Well Cleaning & Pumping Operations

·         Well Completions & Mechanical Operations

·         Drilling Service

·         Others (Fishing, fracturing, wireline logging, and inspection)

Based on the Application:

·         Onshore

·         Offshore

Based on the Fleet:

·         Region

·         Operator

Based on the Region:

·         North America

·         Asia Pacific

·         South & Central America

·         Europe

·         Middle East

·         Africa

North America: The largest coiled tubing market.

In this report, the coiled tubing industry has been analyzed for six regions, namely, North America, South & Central America, Europe, Asia Pacific, Middle East, and Africa. According to the IEA, the US is determined to become the net exporter of energy by 2020, and to fulfill this objective, oil production is being increased across the nation. Moreover, the US is the top explorer and producer of shale oil and gas. The old oil & gas fields in the Permian Basin and Bakken Ford require intervention operations to enhance the productivity of the wells. Thus, North America dominated the coiled tubing industry in 2018.

Ask for Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=804

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the coiled tubing market. Some of the key players are Schlumberger (US), Halliburton (US), C&J Energy Service (US), Weatherford (US), and BHGE (US). The leading players are adopting various strategies to increase their share in the coiled tubing industry. Contracts & agreements and new product launches have been a widely adopted strategy by the major players in the coiled tubing market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: newsletter@marketsandmarkets.com