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Air Core Drilling Market has huge growth due to presence of huge untapped hydrocarbon reserves, liberalization of Mexican oil & gas industry, and rapid technological advancements.

01-24-2019 07:30 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Air Core Drilling Market has huge growth due to presence of huge

The demand for air core drilling technology is expected to rise globally owing to various factors such as the increase in investment in exploration & production activities across various non-conventional energy sources to meet the rise in the need for energy. Also, the presence of huge untapped hydrocarbon reserves, liberalization of Mexican oil & gas industry, and rapid technological advancements contribute to driving the market.

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However, political economy, high labor costs, government policies to access land, and other environmental regulations restrain the growth of the market. Moreover, arctic discoveries and an increase in emphasis on water drilling are expected to open new opportunities in the market.

Air core drilling is a widely used method to bore a hole into the unconsolidated ground for drilling water wells, oil wells, or natural gas extraction wells. Hardened steel and tungsten blades are used to bore a hole into the ground. It contains a hollow rod with an inner tube, used for injection of compressed air into the hole to remove the drill cuttings.

These cuttings are blown back to the surface through the inner tube and pass through the sample separating system, and collected if required. Air core drilling can reach the depths up to 300meters in good conditions. Since the cuttings are removed inside the rods, they are less susceptible to contamination when compared with conventional drilling systems.

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The air core drilling market is segmented based on application, end-use industry, and geography. Based on the application, it is divided into dust drilling, mist drilling, foam drilling, aerated fluid drilling, and nitrogen membrane drilling. Based on end-use industry, it is classified into oil & gas, mining, and construction. The market is analyzed based on geography into North America, Europe, Asia-Pacific, and LAMEA.

The Major Players Profiled in this Study Include the Following:
- Schlumberger Limited
- Halliburton
- Baker Hughes Incorporated
- Weatherford International Inc.
- Atlas Copco AB
- Allis Chalmers Corp.
- Archer
- Ausdrill Limited
- Chicago Pneumatic
- Haljohn-San Antonio Inc.

Key Benefits
• The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global air core drilling market to elucidate the prevailing opportunities and potential investment pockets.
• It offers qualitative trends and quantitative analysis from 2017 to 2023 to assist stakeholders to understand the market scenario.
• In-depth analysis of the key segments demonstrates the air core drilling technology and their application across end-user industries.
• Competitive intelligence of the industry highlights the business practices followed by key players across geographies and the prevailing market opportunities.
• The key players in the market are profiled and their strategies and developments to understand the competitive outlook of the industry.

Air Core Drilling Market Key Segments:

By Application
- Dust Drilling
- Mist Drilling
- Foam Drilling
- Aerated Fluid Drilling
- Nitrogen Membrane Drilling

By End-use Industry
- Oil & Gas
- Mining
- Construction

By Geography
- North America
- U.S.
- Canada
- Mexico

Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe

Asia-Pacific
- China
- India
- South Korea
- Japan
- Rest of Asia-Pacific

LAMEA
- Brazil
- Argentina
- Africa
- Saudi Arabia
- UAE
- Rest of LAMEA

Key Players
- Tesco Corporation
- Master Drilling
- Brown Bros Drilling
- GEODRILL Limited
- Bostech Drilling Australia Pty Ltd.

About Us:-

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
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Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

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