Albany – NY, Oct. 19, 2015 (GLOBE NEWSWIRE) — By type of technique, the sand control systems market is divided into plastic consolidation, gravel packing, resin-coated gravel, standalone screens, frac pack, and others. Gravel packing is the most commonly used technique in offshore as well as onshore natural gas and crude oil wells and this segment enjoys the largest share of the overall sand control systems market owing to its low cost of implementation and high success rate. On the basis of geography, the global sand control systems market is segmented into North America, Europe, Asia Pacific, and Rest of the World. It is estimated that by the end of the forecast period in 2020, Asia Pacific will be the leading region for sand control systems. High demand for energy from countries such as Japan, China, and South Korea has resulted in increased drilling activities, especially in Indonesia, Australia, Malaysia, and Myanmar. Petroleum companies across major countries in Asia Pacific have been installing sand control systems at natural gas and crude oil wells to avoid damage to any equipment.
Browse the full report at http://www.transparencymarketresearch.com/sand-control-systems.html
The sand control systems market in the Rest of the World region also possesses strong potential for growth by 2020 owing to recently discovered offshore fields in countries such as Tanzania, Egypt, and Mozambique. Rising drilling activities in deep and ultra deep water reserves in Latin America and West Africa is also anticipated to contribute to the development of the sand control systems market in the RoW region. Countries such as Venezuela, Brazil, Angola, and Nigeria are known to be rich in petroleum reserves and oilfield service companies in these countries are implementing sand control systems to ensure an optimal and continuous production process. Baker Hughes, Inc., Variperm (Canada) Limited, RPC, Inc., Superior Energy Services, Inc., Welltec A/S, Ceradyne, Inc., Schlumberger Limited., Halliburton Company, Weatherford International Ltd., and Grit Industries, Inc. are some of the noteworthy participants of the global sand control systems market. These players are profiled in the research report based on company and financial overview, business strategy, and recent developments in the field.
Get Sample Research Report:
Sand Control Systems Market: Technique Type Analysis
- Resin coated gravel
- Plastic consolidation
- Resin coated gravel
- Stand-alone screens
- Gravel packing
- Frac pack
- Others (High energy resin placement and selective completion practices)
Sand Control Systems Market: Regional Analysis
- North America
- Asia Pacific
- Rest of the World (RoW)
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
CONTACT: Mr. Nachiket Ghumare State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: firstname.lastname@example.org Website: http://www.transparencymarketresearch.com Blog: http://www.tmrblog.com/