Metal Pipes Market to Witness a Handsome Growth during 2021 – 2026

28 Jun, 2022, No comments

Stratview Research has recently published a report on the Metal Pipes Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2021 to 2026.

Metal Pipes Market Segment Analysis:

Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Metal Pipes Market is likely to witness a CAGR of 4.2% during the forecast period.

Key Players

The market for Metal Pipes Market is highly consolidated with the strong presence of key players such as-

ArcelorMIttal S.A.
Compagnie de Saint-Gobain SA
Muller Industries, Inc.
Narsk Hydro ASA
Nippon Steel and Sumitomo Metals
Northwest Pipe Company
Saudi Arabian Amiantit Company
Tenaris SA
TMK Group
United States Steel Corporation.

To download a free sample of the report, Click Here: https://www.stratviewresearch.com/Request-Sample/2092/Metal-Pipes-Market.html#form

As per the report, the market is segmented by:

· by Material Type (Steel, Ductile Iron, Copper, and Others),

· by Diameter Type (Up To 15 Inches and Above 15 Inches),

· by End-Use Type (Oil & Gas, Water & Wastewater, Power, HVAC & Electrical, and Others), and

· by Region (North America, Europe, Asia-Pacific, and Rest of the World).

COVID-19 IMPACT

COVID-19 has affected almost every business, irrespective of size, irrespective of region. In the year 2020, the dynamics of the Metal Pipes Market have shifted dramatically. The consumer climate and business practices have evolved significantly, resulting in numerous process changes that will have long-term consequences.

Sneak peek into the Report:

This report serves as a comprehensive source of market analysis. The report's layout has been kept simple in order to have the most business value possible. It offers valuable insights into business dynamics and allows current and potential market participants to make strategic decisions.

The following are the report's key features:

Market structure: Overview, industry life cycle analysis, supply chain analysis
Market forecast analysis
Competitive landscape and dynamics: Market share, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends & Key success factors

Customization of Reports

Stratview research also offers custom research for market evaluation, competitive benchmarking, sourcing and procurement, target screening, and other services across sectors, in addition to this thorough review.

Research Methodology

Stratview Research's reports are the result of a thorough analysis that combines thorough secondary, and primary interviews with industry leaders, and confirmation using unique internal database and statistical methods. More than 1,000 verified secondary sources, such as annual reports from companies, press releases, fact books, journals, white papers, and blogs are reviewed and analysed.

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Microgrid Market Projected to Grow at a Steady Pace During 2021-2026

17 Jun, 2022, No comments

Stratview Research has recently published a report on the Microgrid Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2021 to 2026.

Microgrid Market Segment Analysis:

Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Microgrid Market is likely to witness a CAGR of 26.5% during the forecast period.

Key Players

The market for Oil-free Air Compressor is highly consolidated with the strong presence of key players such as-

Eaton
Siemens
GE
Caterpillar
Schneider Electric
HOMER Energy
Honeywell International
Toshiba Corporation
AMS
S&C Electric
Tesla
Hitachi ABB Power Grids
Spirae
General Microgrids
Lockheed Martin Corporation
Heila Technologies
Exelon Corporation.

To download a free sample of the report, Click Here: https://www.stratviewresearch.com/Request-Sample/2021/Microgrid-Market.html#form

As per the report, the market is segmented by:

· by Connectivity Type (Grid Connected and Off Grid),

· by Grid Type (AC Microgrid, DC Microgrid, and Hybrid),

· by Power Source Type (Diesel Generators, Natural Gas, Solar PV, CHP, and Others),

· by Storage Device Type (Lithium-Ion, Lead Acid, Flow Battery, Flywheel, and Others),

· by Application Type (Healthcare, Educational Institutes, Military, Utility, Industrial/Commercial, Remote, and Others),

· by Region (North America, Europe, Asia-Pacific, and Rest of the World).

COVID-19 IMPACT

COVID-19 has affected almost every business, irrespective of size, irrespective of region. In the year 2020, the dynamics of the Microgrid Market have shifted dramatically. The consumer climate and business practices have evolved significantly, resulting in numerous process changes that will have long-term consequences.

Sneak peek into the Report:

The following are the report's key features:

Market structure: Overview, industry life cycle analysis, supply chain analysis
Market forecast analysis
Competitive landscape and dynamics: Market share, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends & Key success factors

Customization of Reports

Research Methodology

Need a customised report? Get in touch with us:

Stratview Research

E-mail: sales@stratviewresearch.com

Direct: +1-313-307-4176

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Hydrogen Generation Market Will Record an Upsurge in Revenue during 2021-2026

17 Jun, 2022, No comments

Stratview Research has recently published a report on the Hydrogen Generation Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2021 to 2026.

Hydrogen Generation Market Segment Analysis:

Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Hydrogen Generation Market is likely to witness an impressive CAGR of 6.5% during the forecast period.

Key Players

The market for Oil-free Air Compressor is highly consolidated with the strong presence of key players such as-

Air Liquide S.A.
Air Products & Chemicals Inc.
Caloric Anlagenbau GmbH
Hydrogenics Corporation
Iwatani Corporation
Nel ASA
Nuvera Fuel Cells, LLC
Plug Power Inc.
Showa Denko K.K.
The Messer Group GmbH.

To download a free sample of the report, Click Here: https://www.stratviewresearch.com/Request-Sample/2064/Hydrogen-Generation-Market.html#form

As per the report, the market is segmented by:

· by Delivery Mode Type (Captive and Merchant),

· by Process Type (Steam Methane Reforming, Electrolysis, and Others),

· by Application Type (Petroleum Refining, Chemicals, Metal, and Others),

· by Region (North America, Europe, Asia-Pacific, and Rest of the World).

COVID-19 IMPACT

COVID-19 has affected almost every business, irrespective of size, irrespective of region. In the year 2020, the dynamics of the Hydrogen Generation Market have shifted dramatically. The consumer climate and business practices have evolved significantly, resulting in numerous process changes that will have long-term consequences.

Sneak peek into the Report:

The following are the report's key features:

Market structure: Overview, industry life cycle analysis, supply chain analysis
Market forecast analysis
Competitive landscape and dynamics: Market share, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends & Key success factors

Customization of Reports

Research Methodology

Need a customised report? Get in touch with us:

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Well Intervention Market Size, Share, Leading Players, and Analysis up to 2026

9 Jun, 2022, No comments

The report on the Well Intervention Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2021-2026. The report also offers insights into different market segments and other factors affecting the market.

Report Forecast:

Well Intervention Market is likely to witness an impressive CAGR of 5.7% during the forecast period. Factors driving the well intervention market are the mounting efforts by various upstream companies to pace up the production from the available fields that have grown mature.

The market's growth is influenced by a number of factors that have a significant or indirect impact on demand. An overview of such factors can be found in our report, which is derived utilizing SWOT analysis, industry life cycle, and supply chain analysis. Such key information can help market participants and investors identify the low-hanging fruits in the market and establish strategic initiatives to accelerate their growth.

COVID-19 IMPACT on the Market-

The COVID-19 pandemic has influenced almost all the industries, little or large, dealing in any sector.

The growth curves of Well Intervention market have witnessed enormous ebb and flows in the year 2020. The market scenario and the pace of growth have taken a huge turn and have prompted numerous adjustments in the cycles. 2021 is probably going to be superior to 2020 for the Well Intervention market players as the greater part of the organizations have continued their activities and the interest is getting re-established for them.

To get a free sample report, Click here: https://www.stratviewresearch.com/Request-Sample/1748/well-intervention-market.html#form

The Cornerstones in the market-

Listed below are the top key players that dominate the Well Intervention market –

Halliburton
Schlumberger
BHGE
Weatherford
NOV, Inc. (US)
Superior Energy Services, Inc.
Archer
Altus Intervention
Expro Group
Oilserv
Welltec.

Well Intervention Market Segmentation:

The report segments based upon demographics, geographics, benefits and volume etc, has different leading factors and identifies the most-attractive segments and sub-segments. The market segmentation will not only help marketers to be more efficient in terms of time, money and other resources but also allows companies to learn about their target audience so that they can tailor campaigns that leads a roadmap to success.

The Well Intervention market is segmented into the following categories-

Well Intervention Market Size, Share, & Forecast, by Service Type:

Logging & Bottomhole Survey (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Tubing/Packer Failure & Repair (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Stimulation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Remedial Cementing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Zonal Isolation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Sand Control (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Artificial Lift (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Re-Perforation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Fishing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Well Intervention Market Size, Share, & Forecast, by Intervention Type:

Light (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Medium (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Heavy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Well Intervention Market Size, Share, & Forecast, by Application Type:

Onshore (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Offshore (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Well Intervention Market Size, Share, & Forecast, by Well Type:

Horizontal (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Vertical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Well Intervention Market Size, Share, & Forecast, by Region:

North America (Country Analysis: the USA, Canada, and Mexico)
Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

To identify the key trends, or to get a customised report related to the study, connect with our sales team at:

Stratview Research |email: sales@stratviewresearch.com | Direct: +1-313-307-4176

What we do?

Stratview Research is a global market intelligence and management consulting firm that helps clients’ tract the ever-evolving market scenarios through customised and syndicated reports. We offer reports that helps clients understand the market dynamics, identify new opportunities that increase the possibility of profit. Our strong team of industry veterans assure high quality research and strategic insights that help companies worldwide in effective decision making. Stratview Research’s reports help you remain ahead of the curve by enabling you to understand the current market trends and challenges coming on your way.

Electric Submersible Pump Market Will Record an Upsurge in Revenue during 2022-2026

16 May, 2022, No comments

Stratview Research has recently published a report on the Electric Submersible Pump Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2026.

Electric Submersible Pump Market

Segment Analysis:

Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Electric Submersible Pump Market is estimated to grow from USD 10.2 billion in 2020 to USD 14.3 billion by 2026 at a healthy CAGR of 5.9% during the forecast period.

Key Players

The market for Electric Submersible Pump is highly consolidated with the strong presence of key players such as-

Baker Hughes Company (The U.S),
Schlumberger Limited (The U.S),
Halliburton Company (The U.S),
Borets International Limited (Russia),
ALKHORAYEF PETROLEUM (Saudi Arabia),
DOS Canada Inc. (Canada),
Weatherford International,
ESP Ltd (The U.S),
Extract Production Services LLC (The U.S), and
NOVOMET (The U.S).

To download a free sample of the report, Click Here: https://www.stratviewresearch.com/Request-Sample/2001/Electric-Submersible-Pump-Market.html#form

As per the report, the market is segmented by:

· by Well (Borewell, Open well),

· by Operation (Single Stage, Multistage),

· by Industry (Oil & Gas, Sewage & Wastewater, Agriculture, Building Services, Others),

· by Region (North America, Europe, Asia-Pacific, The Middle East & Africa, and South America).

COVID-19 IMPACT

COVID-19 has affected almost every business, irrespective of size, irrespective of region. In the year 2020, the dynamics of the Electric Submersible Pump Market have shifted dramatically. The consumer climate and business practices have evolved significantly, resulting in numerous process changes that will have long-term consequences.

Sneak peek into the Report:

The following are the report's key features:

Market structure: Overview, industry life cycle analysis, supply chain analysis
Market forecast analysis
Competitive landscape and dynamics: Market share, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends & Key success factors

Customization of Reports

Research Methodology

Need a customised report? Get in touch with us:

Stratview Research

E-mail: sales@stratviewresearch.com

Direct: +1-313-307-4176

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Petcoke Market Set to Experience Phenomenal Growth from 2021 to 2026

7 Feb, 2022

Detroit, Michigan, Feb 07th 2022. Stratview Research has launched a new report, titled Petcoke Market segmented by Grade Type (Fuel Grade and Calcined Grade), by Physical Form Type (Sponge Coke, Purge Coke, Shot Coke, and Needle Coke), by Application Type (Power Plants, Cement Industry, Steel Industry, Aluminum Industry, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)

Covid-19 Impact Analysis:

Covid-19 has highly impacted the market dynamics, competition, and supply chain of almost all industries. The revenues have gone down in 2020 and are expected to resume an uptrend gradually from 2021 and continue to grow further. The report covers all the segments that were affected by the pandemic.

To get a free sample Report Copy Visit:

https://www.stratviewresearch.com/Request-Sample/1886/petcoke-market.html#form

According to the report, Petcoke Market is likely to witness a CAGR of 7.8% during the forecast period. One of the key factors driving market growth is rapid industrialization, especially in the developing economies. Another significant growth-inducing factor is the increased emphasis on reducing dependence on fossil fuels for energy generation. In addition, significant developments in infrastructure around the globe have a positive market outlook. Further, the rise in the disposable income of consumers along with growing road safety concerns related to passenger and commercial vehicle is expected to fuel the growth of the market during the forecast period.

Market Segments' Analysis:

Petcoke Market Share: By Grade Type

Based on the grade type, the market is segmented as fuel grade and calcined grade. Calcined petroleum coke is expected to lead the market during the forecast period. The growth of the segment can be attributed to its low emission properties and high investments made in the development of primary metal manufacturing industry. Increased use of calcinated petcoke and its growing demand for steel mills as a recarburizing agent will increase the industry prospects. Furthermore, changing trends towards coke's use in furs & boilers as a substitute for coal will have a positive impact on the timeline for its adoption.

Petcoke Market Share: By Physical Form Type

Based on the physical form type, the market is segmented as sponge coke, purge coke, shot coke, and needle coke. The market for needle petcoke is estimated to grow by more than 10% during the forecast period. The growing demand for steel and aluminium will foster the product demand, driven by the growing construction, automobiles and transportation sectors. In addition, rapid marketing and industrialization will further enhance industrial growth in the coming years, primarily in the developing economies.

Petcoke Market Share: By Region

In terms of regions, the petcoke industry was estimated at more than 2 billion in North America in 2016, and is all set to grow significantly over the forecast period. Business growth is majorly driven by positive perspectives for the expansion of the primary metal industry and continuous investments made in refinery expansion. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

Petcoke-Market-By-Region

Key Players:

The following are the key players in the Petcoke Market:

BP
Cocan Graphite Trammo
ExxonMobil
Marathon Petroleum
Reliance
Atha Group
Saudi Aramco
Rain CII
Essar Oil
Oxbow Corporation.

To know more about the report visit: https://bit.ly/3rbPY1o

Frequently Asked Questions –

This report provides vital information and valuable insights, enabling the users to identify the strategic growth opportunities in the market. The report aims at answering the following key questions:

- What is the current and future market size of Petcoke Market?

- How has the COVID-19 pandemic impacted the market? How fast is it expected to recover?

- What will be the short and long-term effects of the pandemic?

- How are other market factors affecting the market dynamics?

- Which segments offer high-growth opportunities in the long run?

- How fierce is the Petcoke Market competition?

- What are the key emerging trends and unmet needs in the present market?

- What are the strategic growth opportunities and key success factors?

Custom Research: Stratview Research offers custom research services across the sectors. In case of any custom research requirement or any further query related to the report, please send your inquiry to sales@stratviewresearch.com. You may also connect with our market experts at +1-313-307-4176.

About Stratview Research

Stratview Research is a global market research firm that provides high-quality market research reports, market entry strategies, growth strategies, and more. We in-depth market research studies, to help the users obtain grainy level clarity on present business trends and probable future developments. At Stratview Research, the market experts are committed to providing custom solutions best fit for strategy development and implementation to achieve visible growth.

Bio Based And Synthetic Dimethyl Ether Market Expected to Experience Attractive Growth through 2026

24 Jan, 2022, No comments

Detroit, Michigan, Jan 24^th 2022. The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Bio-based and Synthetic Dimethyl Ether Market.

Bio-based and Synthetic Dimethyl Ether Market is likely to witness a CAGR of 8.6% during the forecast period. Owing to its wide application in automotive fuels, industrial procedures, electric power production, and home applications such as heating and cooking, bio-based and synthetic dimethyl ether is witnessing a growth in demand. DME may be made from a variety of sources and is inexpensive, allowing it to be used more widely. Furthermore, over the forecast period, the low carbon footprint of bio-based and synthetic dimethyl ether will boost market growth.

Dimethyl ether (DME) is a colorless gas, at room temperature, that is utilized in a variety of fuel applications, including aerosol propellant and LPG mixing. Dimethyl Ether is highly promoted by government agencies for domestic applications because it is a cleaner source of energy. In gas turbines and diesel engines, it's also a promising fuel.

Segment Analysis:

Bio-based and Synthetic Dimethyl Ether Market Share: By Raw Material Type

Based on the raw material type, the market is segmented as fossil fuel based and bio-based. Fossil fuel-based DME is expected to be the leading segment of the market during the forecast period. On the other hand, the growing product use for LPG blending and transportation fuel in the Asia-Pacific will help attain sustainable gains to the bio-based and synthetic dimethyl ether market during the forecast period. In addition, increasing regulations against high emission fuels in the transportation sector are significantly contributing to the overall demand for DME as it has a higher cetane number which provides a better ignition value to ultimately reduce pollutants from the environment.

Bio-based and Synthetic Dimethyl Ether Market Share: By Application Type

Based on the application type, the market is segmented as LPG blending, aerosol propellants, transportation fuel, and industrial. Aerosol propellants are expected to lead the market during the forecast period. The growth of the segment is driven by its use across various industries such as cosmetics, pharmaceuticals, and paints & coatings. Its properties such as low odor, low cost, improved purity & stability, low toxicity, wide boiling points range, wide vapor pressure range, and eco-friendly nature drive its growth.

For a more detailed breakdown of the COVID-19 impact on the Bio-based and Synthetic Dimethyl Ether Market, request a free sample of the report here:

https://www.stratviewresearch.com/Request-Sample/2034/Bio-based-and-Synthetic-Dimethyl-Ether-Market.html#form

Bio-based and Synthetic Dimethyl Ether Market Share: By Region

In terms of regions, Asia-Pacific holds a major share of the market for bio-based and synthetic dimethyl ether. The market is driven by the strong presence of manufacturers coupled with growing adoption of clean fuel alternatives. Furthermore, increasing demand for cooking fuel with respect to rapid urbanization has encouraged the growth in the region. China and India are the growth engines of the region.

Key Players:

Key players operating in the Bio-based and Synthetic Dimethyl Ether market are-

Akzo Nobel N.V.
China Energy Ltd
Korea Gas Corporation
Royal Dutch Shell plc
Mitsubishi Corporation
Shenhua Ningxia Coal Industry Group Co., Ltd
Oberon Fuels, Inc.
Fuel DME Production Co., Ltd
Grillo-Werke AG
Guangdong JOVO Group Co., Ltd.

Features of the Report:

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Bio-based and Synthetic Dimethyl Ether Market analysis report discusses the following heads in great detail:

· Market structure: Overview, industry life cycle analysis, supply chain analysis

· COVID-19 Impact Assessment

· Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis

· Market trend and forecast analysis

· Market segment trend and forecast

· Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.

· Attractive market segments and associated growth opportunities

· Emerging trends

· Strategic growth opportunities for the existing and new players

· Key success factors.

Know more about Stratview Research:

Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Our team makes sure to have deep research about the topics so that the most useful insights can be delivered to the professionals.

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Direct: +1-313-307-4176

Oil and Gas Sensors Market Pegged for Robust Expansion by 2026

10 Jan, 2022, No comments

Jan 10, 2022/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Oil and Gas Sensors Market.

It was estimated prior to this unanticipated outbreak that the Oil and Gas Sensors Market is likely to witness a steady CAGR of 4.4% during the forecast period. The market is driven by the increasing demand for sensors, by the virtue of capacity additions in oil & gas refineries, globally.

Sensors have wide applications in oil & gas processing and production. These sensors can withstand the world’s most challenging environmental conditions, both on offshore and land, while providing precise and reliable performance. This report includes the market for all the sensors used in oil and gas production and processing.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the product type, the oil & gas sensors market is segmented as pressure sensor, temperature sensor, level sensor, flow sensor, and others. Pressure sensor is expected to be the largest segment, during the forecast period, owing to the increased focus on augmenting production from oil & gas wells and improved economic conditions and operational benefits provided by technology.

In terms of regions, Asia-Pacific is estimated to be the largest oil & gas sensors market during the forecast period. Increasing adoption of industrial automation in the emerging economies such as India and China is likely to drive the oil & gas sensors market in the region. China and India re the growth engines of the region.

Key Players:

Key players operating in the global Oil and Gas Sensors market are-

Honeywell International Inc.
Siemens AG
ABB Ltd
Rockwell Automation Inc
GE Sensing & Inspection Technologies GmbH
Indutrade
MTS Sensor Technology GmbH & Co. Kg
BD Technologies
Bosch
TE Connectivity.

Features of the Report

The Oil and Gas Sensors analysis report discusses the following heads in great detail:

Market structure: Overview, industry life cycle analysis, supply chain analysis
COVID-19 Impact Assessment
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for the existing and new players
Key success factors

Know more about Stratview Research:

Need a detailed report? Get in touch with us:

Stratview Research

E-mail: sales@stratviewresearch.com

Direct: +1-313-307-4176

Well Completion Equipment Market Size, Share, Leading Players and Analysis up to 2026

20 Dec, 2021, No comments

The report on the Well Completion Equipment Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2021-2026. The report also offers insights into different market segments and other factors affecting the market.

Report Forecast:

Well Completion Equipment Market is likely to witness an impressive CAGR of 4.40% during the forecast period. Factors that are majorly driving the well completion equipment market are resuming shale operations along with refracking of mature oil & gas wells.

COVID-19 IMPACT on the Market-

The COVID-19 pandemic has influenced almost all the industries, little or large, dealing in any sector.

The growth curves of Well Completion Equipment market have witnessed enormous ebb and flows in the year 2020. The market scenario and the pace of growth have taken a huge turn and have prompted numerous adjustments in the cycles. 2021 is probably going to be superior to 2020 for the Well Completion Equipment market players as the greater part of the organizations have continued their activities and the interest is getting re-established for them.

To get a free sample report, Click here: https://www.stratviewresearch.com/1746/well-completion-equipment-market.html

The Cornerstones in the market-

Listed below are the top key players that dominate the Well Completion Equipment market –

- Baker Hughes, Inc.

- FTS International

- Halliburton Company

- Nabors Industries Ltd.

- NCS Multistage

- Nine Energy Services

- National Oilwell Varco, Inc.

- Packers Plus Energy Services, Inc.

- RPC Incorporated

- Schlumberger Ltd.

- Superior Energy Services

- Trican Well Service Ltd.

- Weatherford International Plc

- Welltec.

Well Completion Equipment Market Segmentation:

The Well Completion Equipment market is segmented into the following categories-

Well Completion Equipment Market Size, Share, & Forecast, by Application Type:

Onshore (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Offshore (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Well Completion Equipment Market Size, Share, & Forecast, by Variety Type:

Packers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Sand Control Tools (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Multistage Fracturing Tools (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Liner Hangers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Valves (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Smart Wells (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Well Completion Equipment Market Size, Share, & Forecast, by Region:

North America (Country Analysis: the USA, Canada, and Mexico)
Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

- Company Profiling

- Detailed profiling of key market players (up to 3 players)

- SWOT analysis of key market players (up to 3 players)

To identify the key trends, or to get a customised report related to the study, connect with our sales team at:

Stratview Research |email: sales@stratviewresearch.com | Direct: +1-313-307-4176

What we do?

Subsea Well Access Market Expected to Rise at A High CAGR, Driving Robust Sales and Revenue till 2026

5 Jul, 2021, No comments

The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including Subsea Well Access Market.

It was estimated prior to this unanticipated outbreak Subsea Well Access Market will reach CAGR of 4.8% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Market Insights

Subsea Well Access Market is likely to witness an impressive CAGR of 4.8% during the forecast period. A subsea well improves productivity with greater pressure and eliminates fluids. Further, it also allows pigging to control wax deposition in oil pipelines. These are the key drivers underpinning the market during the forecast period.

Segment Analysis

Subsea Well Access Market Share: By Blowout Preventer Type

Based on the blowout preventer type, the market is segmented as annular BOP and ram BOP. The annular BOP segment holds the major share of the market and is estimated to lead the market during the forecast period. The mounting demand from developing economies is driving the market on account of increasing exploration, which is likely to raise the demand for annular BOPS.

Subsea Well Access Market Share: By End-User Type

Based on the end-user type, the market is segmented as onshore and offshore. The onshore segment accounted for the major share of the market in 2020, and is expected to lead the market during the forecast period. On the other hand, offshore wells are costlier to operate and require twice the time to regain the efficiency that is obtained from onshore wells.

Subsea Well Access Market Share: By Region

In terms of regions, North America is estimated to lead the subsea well access market during the forecast period. The USA and Canada are the growth engines of the region as they offer lucrative growth opportunities. Asia-Pacific is expected to witness the highest growth during the forecast period owing to the largest production of hydrocarbons and new discoveries made in China.

Oil Storage Market Size, Emerging Trends, Forecasts, and Analysis 2021-2026

5 Jul, 2021, No comments

The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including Oil storage market.

It was estimated prior to this unanticipated outbreak Oil storage market will reach CAGR of 3.1% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Oil Storage Market Insights

Oil storage market is likely to witness a steady CAGR of 3.1% during the forecast period. Rising global energy demand and increasing adoption of new technologies are contributing to the surge in demand for oil storage systems, which in turn, is driving the market.

Market Share Analysis

Oil Storage Market Share: By Product Type

Based on product type, the oil storage market is segmented as fixed roof, floating roof, spherical, and Others. The floating roof segment is estimated to grow with the highest CAGR during the forecast period owing to increasing demand for low & medium flash point hydrocarbon related products.

Oil Storage Market Share: By Reserve Type

Based on the reserve type, the oil storage market is segmented as strategic reserve and commercial reserve. The commercial reserve segment is estimated to grow with the highest CAGR during the forecast period, driven by incessant soaring petroleum product demand on account of increasing urbanization.

Oil Storage Market Share: By Region

In terms of regions, North America is estimated to be the largest market for oil storage during the forecast period. Government and authority’s positive outlook towards expansion of oil refining capabilities in the United States drives the oil storage market in the region. Europe and Asia-Pacific are also likely to offer substantial growth opportunities during the forecast period.

The changing dynamics Leak Detection Market with covid-19 impact assessment

24 Mar, 2021, No comments

The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including Leak Detection Market.

It was estimated prior to this unanticipated outbreak Leak Detection Market will reach CAGR of 8.1% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Market Insights

Leak Detection market for oil & gas is projected to witness an impressive CAGR of 7.2% during the forecast period. The key demand generators of the market are increasing incidents of leakages in the oil and gas pipelines, stringent regulations regarding implementation of leak detection systems, and organic growth of the oil & gas industry over the next five years.

Segment Analysis

Leak Detection Market Share: By Technology Type

Based on the technology type, the market is segmented as Acoustic/Ultrasonic, Extended Real-Time Transient Model Fiber Optic, Mass/Volume Balance, Vapor Sensing Tubes, and Others. Acoustic/Ultrasonic is expected to remain the dominant technology in the market till 2026, owing to its wider usage in the single-phase and multi-phase flow pipelines as it offers various benefits over other technologies such reliable, quicker, easy to comprehend, and minimal calibration requirement.

Leak Detection Market Share: By Regions

In terms of regions, North America is estimated to be the largest market, fueled by the USA. The dominance of the region is attributed to the presence of a large number of shale gas facilities in the region especially in the USA. The USA is among the largest oil & gas producer in the world. Asia-Pacific is projected to witness the highest growth in the market over the next five years, propelled by rapid growth in oil & gas production capacity and refineries across the region.

The changing dynamics in Oil Refining Market with covid-19 impact assessment

9 Sep, 2020, No comments

The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Oil Refining Market.

It was estimated prior to this unanticipated outbreak that the Oil Refining Market will reach CAGR of 4.3 % during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Oil Refining Market Insights

Oil refining market is likely to witness a healthy CAGR of 4.3% during the forecast period. The prime factors contributing to the demand for oil refining are rapid industrialization, growing population, changing demographics, and improving living standards. There is an increased investment on construction and upgradation of refineries to fulfill petroleum product demand.

Market Share Analysis

Oil Refining Market Share: By Complexity Type

Based on the complexity type, the oil refining market is segmented as topping, conversion, and deep conversion. The topping oil refining market is expected to register robust growth due to its ability to transforming to high value products through the cracking of larger molecules into smaller ones. Conversion refining has the ability to eliminate the residuals from fuel. Deep conversion refining is expected to be driven by stringent regulations pertaining to product quality specifications.

Oil Refining Market Share: By Product Type

Based on the product type, the market is segmented as light distillates, middle distillates, fuel oil, and others. Middle distillate delivers flammable liquids of shorter carbon chain (with 10-20 carbon atoms) compared to light distillates and hence, dominated the market in 2019. Oil refined through middle distillates has wide application in industries such as aviation, power generation, and marine bunkers. The light distillates oil refining market to grow with the increasing spending capacity of expanding middle class population.

Oil Refining Market Share: By Fuel Type

Based on the fuel type, the oil refining market is segmented as gasoline, gasoil, kerosene, LPG, and others. Gasoline oil refining is expected to grow with the increased uses of it in transportation industry. Increasing passenger vehicle fleet in developing countries to drive the gasoline demand in the coming years.

Oil Refining Market Share: By Application Type

Based on the application type, the oil refining market is segmented as transportation, aviation, marine bunker, petrochemical, residential & commercial, agriculture, electricity generation, and others. Transportation and petrochemical industries to consume the largest chunk of the refined oil and will drive the market over the forecast period.

Oil Refining Market Share: By Region

In terms of regions, Asia-Pacific has the highest refining capacity. China and India are the key countries in the region and have accounted for significant share in global market in 2019. These two countries also witnessed refining capacity expansion in last few years. Other than these two countries South East Asian countries have also commissioned a number of refinery projects to reduce dependency on imports.

The changing dynamics in Directional Drilling Services Market with covid-19 impact assessment

31 Aug, 2020, No comments

It was estimated prior to this unanticipated outbreak that the Directional Drilling Services Market will reach CAGR of 5.2 % during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Directional Drilling Services Market Insights

Directional Drilling Services market is likely to witness an impressive CAGR of 5.2% during the forecast period. The increase in demand for drilling of multiple wells from single sites and the mounting production levels through directional drilling are the major factors that are likely to contribute towards the growth of the directional drilling services market during the forecast period.

Market Share Analysis

Directional Drilling Services Market Share: By Application Type

Based on the application type, the market is segmented as onshore applications and offshore applications. Onshore application is likely to dominate the directional drilling services market during the forecast period, driven by the large number of mature onshore wells, globally.

Directional Drilling Services Market Share: By Drilling Technique Type

Based on the drilling technique type, the directional drilling services market is segmented as conventional methods and rotary steerable system.Rotary steerable system is expected to be the faster-growing technique during the forecast period due to the various advantages offered by it, such as reduced drilling time and smoother well bores.

Directional Drilling Services Market Share: By Service Type

Based on the service type, the market is segmented LWD, MWD & Survey, RSS, and motors. The Measurement-While-Drilling (MWD) & Survey segment is estimated to register the highest growth during the forecast period owing to the ability to incessantly monitor wellbore and the real time directional survey of downhole conditions.

Directional Drilling Services Market Share: By Region

In terms of regions, North America dominated the directional drilling service market in 2019, and is expected to lead the market during the forecast period as well. The region’s market is driven by the growing share of tight oil and shale gas and the use of multi-stage hydraulic fracturing completion technique. Europe and Asia-Pacific are also expected to offer considerable growth opportunities during the forecast period.

Distributed Buoyancy Modules Market Size to reach an estimated value of US$ 91.6 million in 2025.

4 May, 2020, No comments

Buoyancy is an upward thrust exerted by fluid opposing the weight of the immersed object. This upward thrust is equal to the weight of the water displaced by the immersed object. Buoyancy products are objects fabricated to apply these solutions. Distributed buoyancy modules are discrete buoyancy clamped to umbilical, risers, or pipelines to hold them in specific geometric configurations with an aim to prevent overutilization of the system. Distributed buoyancy modules are attached to the equipment through clamps, which makes it easy and quick to install. Distributed buoyancy modules are widely used in SURF application in offshore oil & gas production and offshore wind farm cables.

In 2014, when oil price began plummeting, offshore exploration activity hobnailed in parallel, falling nearly 40% before finding its bottom in 2016-2017. It led to an approximate plunge of 60% in offshore exploration expenditure during 2014-2017, mainly factored by the reduced cashflow, growth of US shale gas production, and reduction in offshore acreage awarded. But then came 2018, the year of transition of the global offshore oil & gas industry with an increase in the well count since the start of the downturn. In 2019, an increase of 8%-10% was witnessed in the number of offshore exploration wells drilled compared to 2018.

The oil & gas industry stakeholders were predicting the year 2020 as another remarkable year for exploration as about 45 countries were expected to launch more than 50 lease rounds out of which 60% were in offshore areas. But the outbreak of the COVID-19 in China then the rapid spread across the world flipped the table entirely with the gloomy market conditions. The prices of crude oil declined from $60 per barrel at the start of the year to $20 per barrel in the month of April in the wake of the steep fall in crude oil demand followed by the collapse of the three-year-old pact between Russia and Saudi Arabia. Further, the discount on oil prices by Saudi Arabia and the increase in crude oil production by Russia and Saudi Arabia worsened the industry conditions. As per Rystad Energy, there will be a plunge of almost 60% in newly licensed offshore oil & gas exploration acreage this year. Similarly, the firm is also expecting a massive decline of about 68% in 2020 from 2019 in oil & gas project sanctioning. In 2019, the offshore oil & gas project sanctioned was about US$ 104 billion, which may fall to US$ 39 billion and US$ 31 billion assuming the oil price scenario of US$ 40 per barrel and US$ 30, respectively.

The demand for distributed buoyancy modules is largely dependent on the health of the offshore oil & gas investments. It is anticipated that the market for distributed buoyancy modules will plummet in 2020, mainly because of nose-diving offshore oil & gas investments across regions. However, the rate of decline will not be that huge as major distributed buoyancy module suppliers have piled many contracts, which may help them to survive in this breath-taking market environment. However, they have been expecting a steep decline in the year 2021. The market is estimated to rebound from 2022 onwards, reaching ultimately to the estimated value of US$ 91.6 million in 2025.

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Distributed Buoyancy Modules Market Insights:

By Application Type:

Based on the application type, the market is segmented into riser systems, flowlines, umbilical, wind farm cables, and others. Riser system is expected to remain the largest segment of the market during the forecast period. Continuous efforts of oil & gas companies to obtain maximum efficiency, reduce break-even cost for offshore oil & gas production, and increase deepwater and ultra-deepwater oil & gas production are driving the demand for distributed buoyancy modules in riser systems.

Wind farm cable is estimated to be the fastest-growing application of the market during the same period. High focus on the development of renewable energy of the leading economies with increased attention towards offshore wind energy is primarily driving the demand for distributed buoyancy modules in the segment. Reduction in the production cost of offshore wind turbines with the development of more efficient, larger turbines and government initiatives to boost renewable energy are attracting companies to invest in offshore wind energy, which, in turn, is propelling the demand for distributed buoyancy modules for wind farm cable applications.

By Material Type:

Based on the material type, the market is segmented into synthetic foam, polyurethane foam, and others. Synthetic foam is expected to remain the dominant material during the forecast period. Distributed buoyancy modules are mostly used for deepwater and ultra-deepwater applications. High buoyancy per volume and extremely low water absorption properties make synthetic foam the first preference for ultra-deepwater and deepwater applications.

Polyurethane foam is estimated to be the fastest-growing material type during the same period. Most of the offshore wind farms operate in shallow water and uses polyurethane-foam based distributed buoyancy modules for cable applications. Rapidly increasing offshore wind installations are generating a huge demand for polyurethane-based distributed buoyancy modules.

Despite severely hit European oil & gas industry because of the COVID-19 pandemic, it seems that the European region will remain efficacious in maintaining its lead in the distributed buoyancy modules market in the coming five years, credit goes to the flourishing offshore wind energy in the key countries, such as the UK. It is anticipated that the demand for DBMs may stall for the short-term in the region with the expected recovery from 2022 onwards. Scheduled new offshore wind turbine installations and increasing activities in deepwater and ultra-deepwater oil fields in the North Sea will contribute towards a healthy demand generation of distributed buoyancy modules in the region in the long run.

By Region:

North America is expected to be the fastest-growing market for distributed buoyancy modules during the forecast period. Offshore wind production in the USA is expected to commence from 2022 as production cost has been reduced by using more efficient and bigger turbines. As per GWEC, around 5.8 GW of offshore wind energy installations are expected to be installed by 2024 in North America, which will generate a healthy demand for distributed buoyancy modules in the region. Also, the USA is the largest producer of crude oil in the world, which further aids the demand for these modules in the region.

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Features of the Report

Based on the research, a proper report is crafted with the following key features:

· Market structure: Overview, industry life cycle analysis, supply chain analysis

· Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis

· Market trend and forecast analysis

· Market segment trend and forecast

· Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.

· Attractive market segments and associated growth opportunities

· Emerging trends

· Strategic growth opportunities for the existing and new players

· Key success factors

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About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.

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Fracking Fluid End Market Size to reach an estimated value of US$ 677.9 million in 2025

27 Apr, 2020, No comments

Hydraulic fracturing, the technique, used for the production of oil and natural gas, use frac pumps to transmit the fracking fluid into the wellbore. Each frac fleet uses several frac pumps. Typically, 18-20 frac pumps are used per frac fleet. These pumps consist of two major components, the power end, and the fluid end. Responsible for the high-pressure injection of the fluid into the well, these fluid ends are not only an essential part of the frac pumps but are also an indispensable component of the pressure pumping market. The lifespan of a fluid end decreases with the use of recycled water, advanced chemicals & slickwater, and the quality of frac sand pumped through it. In general, the life of carbon steel fluid end is 250-450 hours, whereas stainless-steel fluid ends introduced in 2012 have a life three-to-four times that of carbon steel. Therefore, the fluid ends market is offering an attractive growth opportunity to the fluid end manufacturers despite it accounts for only ~30% of the total pump’s cost.

Since 2014, the oil & gas industry was not stable and the last two years had been difficult especially for the pressure pumping companies in North America due to stagnant oil prices, shale drilling slump, and investor pressure discouraging new drilling. The year 2020 brought up two major setbacks for the oil & gas industry: the price war between Russia and Saudi Arabia and COVID-19. The disagreement between Russia and Saudi Arabia on the reduction of oil production resulted in more than 30% plunge in the oil prices to below US$ 30 per barrel. Despite the end of this price war with the unanimous agreement between OPEC and its allies to slash production, the oil prices have still not recovered to a profitable level. Further, the oil price collapsed with tepid oil demand due to the lockdown of more than two-thirds of the world population. The decline in oil prices has a major impact on the American shale industry as fracking becomes unprofitable at oil prices less than US$ 40 per barrel. Many fracking companies, including Halliburton and Schlumberger, wrote off a large portion of their fleets due to the high number of pressure pumping supplies in the market, which led to demand and supply imbalances. EIA estimated the average oil price will remain at US$ 33 per barrel in 2020 and expects a recovery to US$ 46 per barrel in 2021. Considering expected oil price recovery as EIA stated along with the recovery from the COVID-19 pandemic, Stratview projected that the global fracking fluid end market to reach an estimated value of US$ 677.9 million in 2025.

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Fracking Fluid End Market Insights:

By Material Type:

Stratview has firstly segmented the fracking fluid end market based on the material type as carbon steel fluid end and stainless-steel fluid end. The stainless-steel fluid end is likely to maintain its dominance during the forecast period. Also, the segment is likely to grow at a higher rate in the wake of its corrosion-resistant property and more pumping hours as compared to carbon steel fluid end.

By End-User Type:

Based on the end-user type, the market for fracking fluid ends is segmented as OE and aftermarket. The aftermarket not only governed the fracking fluid end market in 2019, but it is also estimated to be the faster-growing type in the coming five years. The lifespan of fluid ends getting shorter with the harsher fracking environment, a larger volume of proppant used, rising pumping pressure resulting in increasing replacement of fluid ends in existing frac pumps. While power end lasts for two years, fluid ends need to be replaced three to four times per year.

By Horsepower Type:

Based on the horsepower of frac pumps, the fracking fluid end market is broadly segmented as 2000-2500 horsepower and above 2500 horsepower. In 2019, fluid ends compatible with frac pumps of horsepower between 2000-2500 held a major share of the market. The above 2500 horsepower segment is expected to grow at a higher rate during the forecast period, driven by the gradual shift in demand towards higher horsepower pumps in order to reduce the number of assets on the site while extending the parts life. For example, 11 units of 5,000 HP fracking pumps can do the job of 20 units of 2,500 HP frac pumps.

By Region:

In terms of region, North America is projected to remain the largest market during the forecast period primarily because of the presence of high technically recoverable reserves of shale oil and gas and the presence of major fluid end manufacturers in the region. In 2019, the demand for fluid ends in the region was disrupted principally because of the focus of operators for capital discipline over growth. Despite an increase in oil prices in 2019 (WTI oil price increased from $48 to $62 with an average of $57), the land rig count in North America shrunk by 27%. E&P operators in the region started shifting their focus towards cash generation over growth, which led to an accelerated downturn in the second half of the market. The COVID-19 outbreak disrupted the supply-demand dynamics with significant lesser oil demand may reduce exploration and production expenditure in 2020.

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· Market structure: Overview, industry life cycle analysis, supply chain analysis

· Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis

· Market trend and forecast analysis

· Market segment trend and forecast

· Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.

· Attractive market segments and associated growth opportunities

· Emerging trends

· Strategic growth opportunities for the existing and new players

· Key success factors

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Composite Frac Plugs and Balls Market Size to reach US$ 2,837.1 million in 2024

8 Apr, 2020, No comments

Plug-n-perf is the most common technique and accounts for more than 85% share of the hydraulic fracturing market in which composite frac plugs and balls are the most preferred choices. The global composite frac plugs and balls market size is likely to experience an excellent CAGR over the next five years to reach US$ 2,837.1 million in 2024. Rebounding crude oil prices; recovering rigs count, especially of North America; increasing share of hydraulically fractured oil & gas in the USA; increasing share of horizontal wells drilling in the USA; increasing average lateral length of wells; and increasing average number of frac stages are some of the major factors that are driving the demand for frac plugs and balls.

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Composite Frac Plugs and Balls Market Insights:

By Product Type:

The market is firstly bifurcated into frac plugs and frac balls. Both, composite frac plugs as well as balls, play a pivotal role in the plug-and-perf operation in the hydraulic fracturing. However, in terms of market size, frac plug dominates the total market and is expected to remain the larger and faster-growing segment of the market over the next five years, as composite frac plug is the highly-used technology in the plug-n-perf method, which optimizes the entire lifecycle of extraction of natural gas from run, set, test, hold, and mill.

By Region:

In terms of region, North America is expected to remain the largest as well as the fastest-growing market during the forecast period. The major players such as Haliburton, Schlumberger Limited, Downhole technology Ltd., Weatherford International, and Baker Hughes, are based in North America only. The USA is the growth engine of the North American as well as the global composite frac plugs and balls market and will continue to drive the region’s market over the next five years. It is estimated that hydraulic fracturing accounts for about 70% share of the new oil and natural gas wells drilled in the USA, where plug-n-perf is the most dominant method. This is assuring a huge demand for composite frac plugs and balls in the country.

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Based on the research, a proper report is crafted with the following key features:

· Market structure: Overview, industry life cycle analysis, supply chain analysis

· Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis

· Market trend and forecast analysis

· Market segment trend and forecast

· Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.

· Attractive market segments and associated growth opportunities

· Emerging trends

· Strategic growth opportunities for the existing and new players

· Key success factors

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North American Spoolable Pipe Market Size to reach US$ 650.1 million in 2022

8 Apr, 2020, No comments

The North American spoolable pipe marketoffers a healthy growth opportunity for the entire ecosystem and is projected to reach US$ 650.1 million in 2022. The spoolable pipe market includes both spoolable composite pipe (SCP) and reinforced thermoplastic pipe (RTP). Despite the short-term fluctuations in the demand for spoolable pipes driven by decreasing rigs or wells count, the long-term business outlook seems promising with good growth potential over the next five years. An expected recovery in the rigs or wells count; cost competitiveness of spoolable pipes over steel pipes; excellent corrosion and erosion resistance; and higher preference of spoolable pipe over steel ones in small diameter pipes are the major factors that are proliferating the growth of the spoolable pipe market.

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Over 90% of the failures in pipes in the high-pressure applications are related to 6-inch diameter or smaller pipes. Most of the failures are due to the internal and external corrosion. Spoolable pipes offer excellent corrosion and erosion resistance properties, high fatigue resistance, reduced maintenance cost, faster commissioning, and improved flow rates. Spoolable pipes are used in the high-pressure applications in onshore, offshore, and downhole. They have gained a significant acceptance over a period of time and have been replacing steel pipes in the high-pressure applications. Spoolable pipes can be made up to the length of 600 meters to 3,000 meters with fewer joints in between.

Spoolable pipes are mainly composed of three materials. The first material is HDPE (High-Density Polyethylene) which is used in the inner layer of the spoolable pipe. It has a good erosion and corrosion resistance, impact resistance, and has a successful track record in the low-pressure oil & gas applications. The second material is used as reinforcement, which allows the pipe to handle higher pressure. Steel bands or cords, braided polyester, glass fiber, aramid fiber, and carbon fiber can be used as reinforcement material depending on the manufacturers. The third and final pipe material is extruded HDPE that is used in the outer layer of pipe with the purpose of providing protection to the pipe during the installation.

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· Market structure: Overview, industry life cycle analysis, supply chain analysis

· Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis

· Market trend and forecast analysis

· Market segment trend and forecast

· Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.

· Attractive market segments and associated growth opportunities

· Emerging trends

· Strategic growth opportunities for the existing and new players

· Key success factors

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Flexible Pipe Market Size to experience an impressive growth of 5.3%

7 Apr, 2020, No comments

The market for flexible pipes is likely to be prosperous in the coming years with significant growth opportunities in the entire market value chain. It is estimated that the global flexible pipes market is likely to recover in the coming years and will register a healthy CAGR of 5.3% during the forecast period. Recovery of oil & gas activities across regions coupled with an increasing acceptance of flexible pipes in various applications is the factor proliferating the growth of the market, owing to their cost effectiveness and superior performance than steel pipes. Additionally, the introduction of stringent government regulations is further propelling the demand for flexible pipes. As per Baker Hughes estimates, the worldwide rig count grew by 27.3% from the last year to reach an average of 2,029 rig counts in 2017.

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Flexible Pipe Market Insights:

By Raw Material Type:

Based on the raw material type, the flexible pipe market is segmented as HDPE, PA, PVDF, and Others. HDPE currently dominates the market and is expected to remain the most dominant segment over the next five years. The material type is also likely to be the fastest-growing segment during the forecast period of 2018 to 2023, propelled by its cost-effectiveness and outstanding physical properties.

By Application Type:

Based on the application type, the flexible pipes market is segmented as offshore and onshore applications. Offshore applications dominate the market and are expected to maintain its dominance over the next five years as well. The application type is also likely to witness the higher growth over the next five years, propelled by a host of factors including an increased acceptance in various applications, such as risers, as well as increasing penetration in deep-water, ultra-water, and subsea applications.

By Region:

Based on regions, North America is expected to remain the largest market for flexible pipes during the forecast period. Recovering oil & gas exploration activities is the major factor behind the dominance of the region in the market. Technological advancements in horizontal and pad drilling along with the richness of shale oil and gas are the other factors powering the growth of the global flexible pipes market in the region. The region is likely to be the fastest-growing market during the forecast period as well.

The Middle East & Africa, the second largest market, is expected to maintain its dominance in the coming five years, driven by Saudi Arabia, the UAE, and Nigeria. Recovering oil & gas activities in the region is primarily driving the demand for flexible pipes in the coming years.

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Features of the Report

Based on the research, a proper report is crafted with the following key features:

· Market structure: Overview, industry life cycle analysis, supply chain analysis

· Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis

· Market trend and forecast analysis

· Market segment trend and forecast

· Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.

· Attractive market segments and associated growth opportunities

· Emerging trends

· Strategic growth opportunities for the existing and new players

· Key success factors

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Spoolable Pipe Market Size to reach US$ 1,144.4 million in 2024

6 Apr, 2020, No comments

The global spoolable reinforced pipe market offers a healthy growth opportunity for the entire ecosystem and its size is projected to reach US$ 1,144.4 million in 2024. Spoolable reinforced pipe is also known as Thermoplastic Composite Pipe (TCP) and Reinforced Thermoplastic Pipe (RTP). The long-term business outlook seems promising with good growth potential over the next five years. An expected recovery in the rigs or wells count; cost competitiveness of spoolable reinforced pipes over steel pipes; excellent corrosion and erosion resistance; and higher preference of spoolable reinforced pipe over steel ones in low-diameter pipes.

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https://www.stratviewresearch.com/142/spoolable-pipe-market.html

Spoolable Pipe Market Insights:

By Reinforcement Type:

The spoolable reinforced pipe market is segmented based on reinforcement type as Fiber Reinforcement and Steel Reinforcement. Fiber reinforcement segment is further divided into glass fiber reinforcement, carbon fiber reinforcement, and others, which are mainly aramid and polyester reinforcements. The fiber-reinforced spoolable pipe is likely to gain more market traction in the coming years by replacing steel pipes in the high-pressure applications.

By Application Type:

Based on the application type, the spoolable pipe market is segmented into Onshore, Offshore, Downhole, Water, and Others. The Onshore segment is further segmented into production and gathering lines, injection lines, disposal lines, and others. Similarly, the Offshore segment is further segmented into subsea flowlines, jumpers, and others. Onshore is expected to remain the growth engine of the spoolable reinforced pipe market during the forecast period. All the major onshore applications, such as production and gathering lines and injection lines are likely to generate a healthy demand for spoolable reinforced pipes over the next five years.

By Region:

In terms of regions, North America is expected to remain the growth engine of the spoolable reinforced pipe market during the forecast period. The region is likely to witness the highest growth during the forecast period, driven by the recovery of wells or rigs count and increasing penetration of spoolable reinforced pipes. All the leading spoolable reinforced pipe makers, such as National Oilwell Varco Inc. (Fiberspar), Shawcor Limited (Flexpipe), and Flexsteel Pipeline Technologies, Inc., are headquartered in North America.

Click below to run through the detailed ToC of the report:

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Features of the Report

Based on the research, a proper report is crafted with the following key features:

· Market structure: Overview, industry life cycle analysis, supply chain analysis

· Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis

· Market trend and forecast analysis

· Market segment trend and forecast

· Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.

· Attractive market segments and associated growth opportunities

· Emerging trends

· Strategic growth opportunities for the existing and new players

· Key success factors

Click here for other high value market reports from Stratview Research in the Oil and Gas Industry: https://www.stratviewresearch.com/market-reports/Oil-Gas.html

About Stratview Research

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.

For enquiries,
Contact:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176

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