The global oil & gas seals market is projected to offer healthy growth opportunities in the entire ecosystem of the market. The market is estimated to grow at a healthy rate over the next five years to reach US$ 1,801.5 million in 2025. Increasing oil & gas demand, recovering crude oil prices, increasing well-drilling activities, careen recovery in worldwide rig counts, and advancements in sealing products to meet challenging environments are some key factors that drive the demand for seals in the oil & gas industry.

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Sand Control Systems Market is likely to witness an impressive CAGR of 4.0% during the forecast period. Rising oil & gas production, high day rates of offshore rigs, escalating drilling activities in the Asia-Pacific region, ease of drilling and production of gas and growth in number of wells are the prime factors driving the growth of the sand control systems market.

 

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Drilling Waste Management Market is likely to witness an impressive CAGR of 6.1% during the forecast period. The major factors driving the drilling waste management market are technological developments enhancing the drilling and production capability, which is helping in exploration and production activities in the deep-water and ultra-deep-water areas across the globe.

 

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Managed Pressure Drilling Services Market is likely to witness an impressive CAGR of 4.0% during the forecast period. The major factor contributing to the growth of the market is the growing need for safe & effective operational aspects along with optimized drilling processes of managed pressure drilling. Further, deepwater drilling in the regions of Latin America and Africa is estimated to strengthen the demand for managed pressure drilling services during the forecast period.

 

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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. These phenomena are vastly used in different industries, such as oil & gas, drilling & mining, oceanography, ROV/AUVs, offshore renewable energy, fishing, defense, subsea cable and pipeline laying, and water sports, as a solution to their subsea operation. Buoyancy products are objects fabricated to apply these solutions. Buoyancies are of two types: surface (applications on the surface of the sea) and sub-surface (applications between the surface and the seabed) buoyancies. This report covers subsea (subsurface) buoyancies, which are used in a wide array of industries for various purposes including the reduction of hook load and surface tensions on the equipment while installation, providing lift and support arch to configure risers and umbilical, acting as a moor under the sea and as navigators and markers. ... Read more »

Perforating Guns Market is likely to witness an impressive CAGR of 4.1% during the forecast period. Surge in oil and gas production, rise in the average well depth over the years, increasing complexity of reservoir conditions, and growing shale gas exploration are the major factors bolstering the perforating guns market.

 

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Intelligent Completion Market is likely to witness an impressive CAGR of 6.4% during the forecast period. Major factors that are driving the market are increase in oil & gas well production along with the improved economical and operational benefits.

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The oil & marine hoses market is expected to expand in-line with the increasing oil demand across the world along with growing investments towards oil & gas exploration and production by oil producers. The oil & marine hoses market is projected to grow at a healthy rate over the next five years to reach an estimated value of US$ 224.8 million in 2025. The oil & marine hoses market is mainly dependent on offshore oil & gas production and ongoing buoys projects.
The report offers detailed insights in relevant market segments, their growth rates, latest market trends, forecasts, and other important details. The market has been segmented in four ways and the report has more than 150 figures and tables providing the most comprehensive information about the market segments and their growth prospects for the forecast period of 2020-2025.

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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 of hydraulically fractured oil & gas production, and huge reserves of shale gas are the key factors, propelling the demand for eco-friendly fracking chemicals.

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Eco Friendly Fracking Chemicals Market Insights:

By Type:
The eco-friendly fracking chemicals market is segmented based on the type of chemicals as gelling agent, crosslinker, surfactant, friction red ... Read more »

Drilling and Completion Fluids Market is expected to grow at a CAGR of 6.1% during the forecast years, according to a newly added report by Stratview Research. The upsurge in shell gas exploration and the growth in onshore and offshore drilling activities are the factors driving the drilling and completion fluids market globally.
The report offers detailed insights in relevant market segments, their growth rates, latest market trends, forecasts, and other important details. The market has been segmented in four ways and the report has more than 150 figures and tables providing the most comprehensive information about the market segments and their growth prospects for the forecast period.

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As per the report, among different application types, the onshore application segment is estimated to lead the market during the fo ... Read more »