Press release
Explore the Growth Potential of Biogas Market in coming years with Top Key Players- National Oilwell Varco, Halliburton, Torquato Drilling Accessories, Inc., Kingdream Public Limited Company, Schlumberger, Atlas Copco, Baker Hughes, a GE company, GE Middl
Download the sample report @ https://www.psmarketresearch.com/market-analysis/oil-and-gas-drill-bit-market/report-sample
Drilling bit offers benefits such as precision in drilling, ease in drilling process, and enhancement of the service life of the hole. The oil and gas drill bit market has been segmented on the basis of product, end user, and region.
The oil and gas drill bit market has been segmented into roller-cone, polycrystalline diamond cutters (PDC), diamond-impregnated drill bit, fixed cutter, and others. As compared to other products, demand for roller cone type is significantly high owing to multiple benefits it offers such as low lifecycle cost, less complex working procedure, and ease drilling conventional formations.
Get the detailed analysis @ https://www.psmarketresearch.com/market-analysis/oil-and-gas-drill-bit-market
The oil and gas drill bit market has been segmented into oil well and gas well. Penetration of specific drilling bit type depends on topography and geology of the oil and gas well. In many circumstances, it has been found that performance of the drill bit varies significantly with change in end user.
Major factors driving the global oil and gas drill bit market are growth in shale gas exploration activities across the globe and rising demand for customized drilling bits that can handle unconventional rock formation. These drill bits are widely used during shale gas exploration. With the increase of shale gas exploration, demand for these drill bits have also increased. According to data published by U.S. Energy Information Administration, natural gas production globally is projected to increase from 342 billion cubic feet per day (Bcf/d) in 2015 to 554 Bcf/d by 2040. Such huge growth in natural gas production is expected to provide demand side drive for the oil and gas drill bit market.
Request for customization @ https://www.psmarketresearch.com/customization/oil-and-gas-drill-bit-market
Shale gas exploration is still in the evolution phase in Europe and in coming years rapid boom in shale gas exploration is expected in countries from this region. Such boom in shale gas exploration is expected to provide opportunity for the oil and gas drill bit market during the forecast period.
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
Contact:
P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: www.psmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Explore the Growth Potential of Biogas Market in coming years with Top Key Players- National Oilwell Varco, Halliburton, Torquato Drilling Accessories, Inc., Kingdream Public Limited Company, Schlumberger, Atlas Copco, Baker Hughes, a GE company, GE Middl here
News-ID: 1629058 • Views: …
More Releases for P&S
Only 17 Stocks in the S&P 500 Have Outperformed the S&P 500 Index in EACH of the …
Image: https://www.getnews.info/wp-content/uploads/2024/04/1711974100.png
Washington, DC - April 1, 2024 - 17 stocks in the S&P 500 have consistently beaten the performance of the S&P 500 index on an annual basis over each of the last 4 years. At StoxxUSA.org, our equity analysis team has identified these StoxxUSA "Stars" which have beaten their respective index in each of the last 4 years.
Image: https://www.getnews.info/uploads/e8f37ff33afc4fe8e335ecca5313f8f4.jpg
The S&P "Stars" Report is prepared by StoxxUSA.org. StoxxUSA.org is not…
Europe is Dominating Glycolic Acid Industry - P&S Intelligence
The glycolic acid market was valued at USD 309.3 million in 2021, and it is set to reach USD 604.4 million by 2030, growing at a CAGR of 7.7% between 2021 and 2030, according to a research report by a market research company P&S Intelligence.
In 2021, the personal care and cosmetics category held the largest market share at 58.2%. this is due to glycolic acid being extensively utilized in skincare…
Immunotherapy Drugs Market Opportunity Assessment Study - P&S Intelligence
Hospitals and clinics were the key end users in the immunotherapy drugs market, with 81.0% contribution in 2017. The adoption of immunotherapy drugs has been increasing in hospitals and clinics, owing to growing patient population, increasing healthcare expenditure, and rising prevalence of chronic diseases, leading to dominate the end-user segment.
North America was the largest immunotherapy drugs market during the historical period, with more than 50.0% contribution in 2017. This can…
Neurostimulation Device Market Opportunity Assessment Study - P&S Intelligence
The neurostimulation device market is growing, due to increasing geriatric population, increasing prevalence of chronic pain, and increasing incidents of neurological disorders. In addition, the awareness about mental diseases and their treatment is also increasing across the globe.
Explore Report with Detailed TOC on “Global Neurostimulation Device Market” at: https://www.psmarketresearch.com/market-analysis/neurostimulation-devices-market
The information and data in the publication “Global Neurostimulation Device Market Size, Share, Development, Growth and Demand Forecast to 2022” represent the…
P&S Market Research
Isobutanol is expected to perceive significant demand as an alternative to conventional fuel. The high demand of the product is attributed to its increasing adoption as an alternative for ethanol in gasoline. It is widely used in the production of isobutyl acetate. The isobutanol market is driven by wide acceptance in the various consumer product industries, such as food processing industry and lacquer.
Get Sample Copy of This Report @https://www.psmarketresearch.com/market-analysis/isobutanol-market/report-sample
On the…
P&S Market Research
Supercapacitor Market Size, Share, Development, Growth and Demand Forecast to 2020
The growing need for increased battery life in smartphone, laptop, and other similar consumer electronics products has increased the market penetration of supercapacitors in various new applications. Supercapacitors are now used for the extended battery backup in smartphone, and laptops; moreover, the replacement of conventional capacitor with them is expected to drive the growth of the global market during the…
