Press release
Sand Control Systems Market: Growing Need to Enhance Oil and Gas Production to Accelerate Market Growth
The global sand control systems market is extremely consolidated in nature, with a presence of a few companies holding a massive share of the overall market, states a research study by Transparency Market Research (TMR). In 2015, the leading players in the global sand control systems market, namely Halliburton Company, Schlumberger Limited, Weatherford International, and Baker Hughes, Inc. held a share of around 92% of the overall market. These players are projected to remain in the leading position throughout the forecast period and make notable efforts to sustain in the competitive environment in the near future. The rising focus of leading players on new product development and innovations is predicted to supplement the growth of the global sand control systems market in the coming years.According to the research study by Transparency Market Research, in 2015, the global market for sand control systems was worth US$3,222.5 mn and is likely to reach a value of US$5,372.8 mn by the end of 2024. The market is likely to register a healthy 5.80% CAGR between 2016 and 2024.
Get PDF Brochure for more Professional and Technical industry insights : https://goo.gl/ZNS5ZF
Increasing Oil and Gas Drilling Activities to Bolster Asia Pacific Sand Control Systems Market
Among the key regional segments, Asia Pacific is anticipated to lead the global sand control systems market and register a healthy growth rate in the forecast period. The high growth of this region can be attributed to the ongoing gas and oil completing and drilling activities in several nations, such as Myanmar, Indonesia, Australia, and Malaysia. In addition, the robust rate of industrialization and the tremendously rising population are some of the other key factors that are estimated to encourage the growth of the sand control systems market in Asia Pacific. Furthermore, the Middle East and Africa is predicted to witness a strong growth in the global sand control systems market in the next few years.
On the basis of technique, the gravel packing segment is estimated to grow substantially in the next few years and retain the leading position throughout the forecast period. As per the research study, this segment is expected to register a progressive growth rate in the next few years, Furthermore, the standalone screens segment is anticipated to remain in the second position in the global market. The key factors encouraging the growth of these segments have been listed in the scope of the research report.
Emergence of Innovative Sand Control Techniques to Encourage Growth
The rising demand for the enhancement of oil production and boost its efficiency are some of the key factors that are estimated to fuel the growth of the global sand control systems market in the next few years. In addition, the rising focus on technological developments and innovations in sand control techniques are expected to accelerate the growth of the overall market in the near future. Furthermore, the emergence of advanced techniques is projected to allow operators to offset deep-water challenges, which is likely to supplement the market’s growth in the coming years.
Increasing Number of Oil and Gas Reserves to Accelerate Market Growth
The global sand control systems market, on the other hand, is predicted to face several challenges throughout the forecast period. The rising difficulty in balancing cost of sand control with the economic viability of deep-water wells is estimated to restrict the growth of the overall market in the next few years. Nonetheless, the availability of a large number of proven oil reserves and the recently discovered oil and gas reserves are expected to offer several growth opportunities for the key players operating in the global market for sand control systems in the next few years.
Browse Report with Full TOC at : http://www.transparencymarketresearch.com/sand-control-systems.html
This information is based on the findings of a research report published by Transparency Market Research (TMR), titled “Sand Control Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”
The global sand control systems market has been segmented as below:
Global Sand Control Systems Market, by Technique Analysis
• Rate Exclusion
• Resins Coated Gravel
• Plastic Consolidation
• Stand-Alone Screens
• Gravel Packing
• Frac Pack
• Others
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
90 State Street, Suite 700
Albany, NY 12207
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 Sand Control Systems Market: Growing Need to Enhance Oil and Gas Production to Accelerate Market Growth here
News-ID: 445256 • Views: …
More Releases from Transparency Market Research

Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…

Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…

Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…

Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for Sand
Frac Sand Market Touching New Development Level | American Silica, Atlas Sand Co …
The latest study released on the Global Frac Sand Market by HTF MI Research evaluates market size, trend, and forecast to 2030. The Frac Sand market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analysed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players…
Sand Aggregate for Building market: Market Players Leveraging on Growth Opportun …
"The global Sand Aggregate for Building Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Sand Aggregate for Building Market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and…
Reclamation Sand Market 2020: Global Industry Analysis, Size, Share, Trends, Gro …
QY Research has recently published a research report titled, “Global Reclamation Sand Market Research Report 2020”. Primary and secondary research methodologies have been used to formulate this report. The analysis has been derived using historic and forecast. The global Reclamation Sand market is expected to thrive in terms of volume and value during the forecast years. This report offers an understanding of various drivers, threats, opportunities, and restraints in the…
Construction Sand Market Insights, Status, Latest Amendments and Outlook 2020 - …
QY Research has recently published a research report titled, “Global Construction Sand Market Research Report 2020”. Primary and secondary research methodologies have been used to formulate this report. The analysis has been derived using historic and forecast. The global Construction Sand market is expected to thrive in terms of volume and value during the forecast years. This report offers an understanding of various drivers, threats, opportunities, and restraints in the…
Construction Sand Market Strategic Analysis 2019 | Saint-Gobain, Bathgate Silica …
Global Construction Sand Market Research Report 2019-2025 recently added to Market Research Place highlights the market components and workings of the global Construction Sand market on global as well as regional levels. The report will help you to decide how the market will evolve, to settle confident decisions to explore new opportunities. The report contains an analysis overview of the industry chain of the global market as well as discusses…
Frac Sand Market Report 2018: Segmentation by Type (White sand, Brown sand, Othe …
Global Frac Sand market research report provides company profile for Hi Crush, Source Energy Services, U.S. SILICA, CARBO Ceramics, Emerge Energy Services, Fairmount Santrol and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The…