Global Crude Oil Flow Improvers (COFI) Market 2018-2022
About Crude Oil Flow Improvers (COFI)
A positive displacement pump operates by forcing a fixed volume of fluid through the suction and discharge port, creating a constant volume throughput.
Technavio’s analysts forecast Global Crude Oil Flow Improvers (COFI) market to grow to over USD 11 bn. by 2022.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Crude Oil Flow Improvers (COFI) market for the period 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report - Global Crude Oil Flow Improvers (COFI) Market 2018-2022
Technavio recognizes the following companies as the key players in the Global Crude Oil Flow Improvers (COFI) market for 2018-2022: Flowserve, GRUNDFOS, ITT, SPX FLOW, Xylem
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is the increasing need for monitoring media converters.”
According to the report, one driver in the market is the ease of installation in existing cabling infrastructure.
Further, the report states that one challenge in the market is the regular maintenance requirement for fiber optics.