Drilling & Completion Fluids Market Overview:
Drilling and Completion Fluids Market is likely to witness an impressive CAGR of 6.1% during the forecast period. The upsurge in shell gas exploration and the growth in onshore and offshore drilling activities are the factors driving the drilling...
The eco-friendly fracking chemicals market is projected to grow at a promising CAGR of 7.6% over the next five years to reach US$ 9,948 million in 2025. Increasing awareness regarding the use of environmental-friendly fracking chemicals, recuperating crude oil prices along with an increasing share...
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...
The North American spoolable pipe market offers 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...
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...
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...
Dissolvable frac plugs are new to the market and currently hold a diminutive share of the frac plugs market. Magnum Oil Tools (Now part of Nine Energy Service Inc.) was the first company to commercialize dissolvable frac plug in the year 2014. Since then, various leading suppliers of composite frac...
Oil & gas pumps market is likely to witness an impressive CAGR of 4.4% during the forecast period. Increasing unconventional resources in North America, South America, and the Asia-Pacific region along with the development of gas terminals are the major factors driving the growth of the...
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