Pressure Vessel Market to Witness Revolutionary Growth by 2027

Pressure Vessel Market

According to the new market research report “Pressure Vessel Market by Type (Boiler, Reactor, Separator), Material, Heat Source (Fired Pressure Vessel and Unfired Pressure Vessel), Application (Storage Vessels and Processing Vessels), End-User and Region – Global Forecast to 2027″, published by MarketsandMarkets™, The global pressure …

Oilfield Integrity Management Market: Increasing Focus on Remote Monitoring of Oilfields

Oilfield Integrity Management Market

The global Oilfield Integrity Management Market size is expected to grow from an estimated USD 12.8 billion in 2020 to USD 18.8 billion by 2025, at a CAGR of 8.1%, during the forecast period. Increasing focus on remote monitoring of oilfields for process optimization and …

Hydraulic Fracturing Market Size to Surge $50.2 Billion by 2026

Hydraulic Fracturing Market

New Revenue Pockets: The global hydraulic fracturing market is projected to reach USD 50.2 billion by 2026 from an estimated USD 34.8 billion in 2021, at a CAGR of 7.6% during the forecast period. The global hydraulic fracturing market is driven by the maturing conventional …

Perforating Gun Market: Increasing Global Oil Demand to Fuel the Market Growth

Perforating Gun Market

According to the new market research report “Perforating Gun Market by Gun Type (Through Tubing Hollow Carrier & Exposed, Wireline Conveyed Casing, TCP), Well Type (Horizontal, Vertical), Application (Onshore, Offshore), Pressure, Depth, Type, Orientation, Explosives, Region – Global Forecast to 2027″, published by MarketsandMarkets™, the …

Gas Turbine Market to See Huge Growth by 2026

Gas Turbine Market

According to the new market research report “Gas Turbine Market by Technology (Open Cycle and Combined Cycle), Design Type (Heavy Duty and Aeroderivative), End User (Power Generation, Oil & Gas), Rated Capacity (1–40 MW, 40–120 MW, 120–300 MW, Above 300 MW) and Region – Global …

Well Testing Services Market to Witness Strong Growth by 2026

Well Testing Services Market

According to the new market research report “Well Testing Services Market by Services (Downhole Well Testing, Surface Well Testing, Reservoir Sampling, Real Time Well Testing, Hydraulic Fracturing Method Testing) by Application (Onshore, Offshore), by Well Type (Horizontal Wells, Vertical Wells), by Stages (Exploration, Appraisal, Development, …

How is Drilling and Completion Fluids Industry Changing the Future of Business?

Drilling and Completion Fluids Market

Global Drilling and Completion Fluids Market Overview MarketsandMarkets forecasts the Drilling and Completion Fluids Market to grow from USD 9.6 billion in 2018 to USD 12.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period. The major factors …

Robotic Drilling Market to Observe Significant Growth by 2023

Well Intervention Market

The global robotic drilling market is expected to grow from an estimated $658 million in 2018 to $923.3 million by 2023, at a CAGR of 7.01% from 2018 to 2023. This market growth is driven by the increased drilling activities due to the development of …

Perforating Gun: Increasing Investments in Global Oil and Gas Industry to Fuel the Market Growth

Perforating Gun Market

The global perforating gun market is projected to reach $898.7 million by 2022, at a CAGR of 3.71%, from 2017 to 2022. The North American market is estimated to be the largest for perforating guns, followed by Asia Pacific in 2017. The increase in oil …

Pump Jack Market Likely to Boost Future Growth by 2022

Pump Jack Market

The global pump jack market is expected to grow from an estimated $2.86 billion in 2017 to $3.63 billion by 2022, at a CAGR of 4.88% from 2017 to 2022. The market in North America is estimated to be the largest market for pump jack, …

Pipeline Integrity Market Foreseen to Grow Exponentially by 2024

Pipeline Integrity Market

The global Pipeline Integrity Market is projected to reach $2.1 billion by 2024 from an estimated $1.7 billion in 2019, at a CAGR of 4.33% during the forecast period. This growth can be attributed to huge investment pool in the pipeline business, increased government mandate …

Booster Compressor Market: Future Growth and Opportunities

Drilling and Completion Fluids Market

The global Booster Compressor Market is projected to reach a market size of USD 2.39 Billion in 2023, growing at a CAGR of 4.50%, from an estimated USD 1.92 Billion in 2018. The market in Asia Pacific is estimated to be the largest for booster compressors, followed …

Enhanced Oil Recovery Market to 2025 High Growth Forecast due to Rising Demand and Future Trends

Fuel Cells Market

The global enhanced oil recovery market size will grow to USD 59.4 billion by 2025 (forecast year) from USD 43.3 billion in 2020 (estimated year), at a CAGR of 6.5% during the forecast period. The rising number of mature fields in North America and the …

Well Casing & Cementing Market Huge Growth Opportunity between 2019 to 2024

Well Casing & Cementing Market

The global Well Casing & Cementing Market is projected to reach USD 11.7 billion by 2024 from an estimated USD 9.2 billion in 2019, at a CAGR of 5.0% during the forecast period. Increasing drilling activities along with shale developments in North America, Asia Pacific, …