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Global Gravel Pack Strategic Business Report 2022: U.S. Market is Estimated at $212.1 Million, While China is Forecast to Grow at 8.1% CAGR - ResearchAndMarkets.com
By AP News - Nov 18, 2022, 11:11 AM ET
Last Updated - Jun 23, 2023, 12:41 PM EDT
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?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Gravel Pack - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS (Total 33 Featured)
- Andmir Group
- Anton Oilfield Services
- Baker Hughes Company
- China Oilfield Services
- Halliburton
- Katt GmbH
- Kerui Petroleum
- Middle East Oilfield Services
- Mitchell Industries
- Oil States International
- RGL Reservoir Management
- Sazoil
- Schlumberger
- Shenzhen Max-Well Oilfield Services Ltd.
- Siao Petroleo
- Superior Energy Services
- Tendeka
- Variperm
- Weatherford
- Zamam Offshore Services Limited
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/
CONTACT: ResearchAndMarkets.com
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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
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