Press release
Sand Control Systems Industry Projected to reach 2530 Million US$ by 2025
In terms of production side, this report researches the Sand Control Systems capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Sand Control Systems by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Sand control refers to managing/minimizing sand and fine production during petroleum production. Sand and fine produced with oil and gas can cause erosion and wear of production facilities/equipments, resulting in production downtime, expensive repairs, and potentially loss of containment (serious safety risk).
The onshore sub-segment led the sand control systems market in 2017 and is projected to dominate the market during the forecast period due to the vast presence of oil & gas reserves and increased dependency on conventional oil & gas. The offshore application segment is expected to grow at the fastest rate during the forecast period.
The market in Asia Pacific is expected to lead the global sand control systems market during the forecast period due increasing drilling activities and growing governmental support to meet the rising energy demands.
The Sand Control Systems market was valued at 1890 Million US$ in 2017 and is projected to reach 2530 Million US$ by 2025, at a CAGR of 3.7% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Sand Control Systems.
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This report includes the following manufacturers; we can also add the other companies as you want.
Schlumberger
Weatherford
Halliburton
National Oilwell Varco
Baker Hughes (GE)
Dialog
Interwell
Mitchell
Oil States International
Packers Plus
Superior Energy
Tendeka
Variprem
Welltec
Hebei Shengkai
Market Segment by Product Type
Gravel Pack
Frac Pack
Sand Screens
Inflow Control Devices
Others
Market Segment by Application
Onshore
Offshore
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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