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DUBLIN--(BUSINESS WIRE)--Nov 18, 2022--
The "Gravel Pack: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Gravel Pack Market to Reach $1.1 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Gravel Pack estimated at US$778.5 Million in the year 2020, is projected to reach a revised size of US$1.1 Billion by 2027, growing at a CAGR of 5.4% over the analysis period 2020-2027.
Onshore, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$691.1 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Offshore segment is readjusted to a revised 5.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $212.1 Million, While China is Forecast to Grow at 8.1% CAGR
The Gravel Pack market in the U.S. is estimated at US$212.1 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$225.3 Million by the year 2027 trailing a CAGR of 8.1% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 4.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.
What's New for 2022?
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS (Total 33 Featured)
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. REGIONAL MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/qzs6zw
View source version on businesswire.com:https://www.businesswire.com/news/home/20221118005414/en/
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KEYWORD:
INDUSTRY KEYWORD: CONSTRUCTION & PROPERTY ENGINEERING OIL/GAS MANUFACTURING ENERGY MINING/MINERALS ARCHITECTURE OTHER CONSTRUCTION & PROPERTY NATURAL RESOURCES
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 11/18/2022 11:05 AM/DISC: 11/18/2022 11:06 AM
http://www.businesswire.com/news/home/20221118005414/en