Global Swellable Packers Market 2019-2023

Global Swellable Packers Market 2019-2023

About this market

The increase in global rig count owing to the rising drilling activities will drive the adoption of swellable packers. With increasing number of companies announcing contracts for the construction of offshore drilling rigs, the demand for drilling and completion equipment including the swellable packers. In addition, vendors are engaging in strategic partnerships for providing integrated drilling service for conventional and unconventional oil and gas drilling rigs. This is further expected to trigger the swellable packers market growth in the upcoming years. Technavio’s analysts have predicted that the swellable packer market will register a CAGR of over 6% by 2023.

Market Overview

Increase in unconventional oil and gas drilling

One of the growth drivers of the global swellable packer market is the increase in unconventional oil and gas drilling. The growing use of swellable packers in horizontal wells, which are usually drilled in unconventional oil and gas production is expected to drive the growth of the swellable packer market during the forecast period.

Increase in adoption of renewable energy

One of the challenges in the growth of global swellable packer market is the increase in adoption of renewable energy. The higher investments are being redirected toward renewable energy sources than conventional fuels because of the growing use of renewable energy sources. This will have a negative impact on the growth of the market.

For the detailed list of factors that will drive and challenge the growth of the swellable packer market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several vendors. Large oil and gas companies in the market are focusing on developing packers that can overcome extreme well environments such as high-pressure and high temperature conditions. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global oilfield equipment and services market
      • Table Segments of global oilfield equipment and services market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Onshore - Market size and forecast 2018-2023
      • Table Onshore - Market size and forecast 2018-2023 ($ millions)
      • Table Onshore - Year-over-year growth 2019-2023 (%)
    • Offshore - Market size and forecast 2018-2023
      • Table Offshore - Market size and forecast 2018-2023 ($ millions)
      • Table Offshore - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • Middle East and Africa - Market size and forecast 2018-2023
      • Table Middle East and Africa - Market size and forecast 2018-2023 ($ millions)
      • Table Middle East and Africa - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market Trends
    • Increase in deepwater and ultra-deepwater projects
    • Advances in swellable packer technology
    • Qatar's exit from OPEC
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Halliburton
      • Table Halliburton - Vendor overview
      • Table Halliburton - Business segments
      • Table Halliburton - Organizational developments
      • Table Halliburton - Geographic focus
      • Table Halliburton - Segment focus
      • Table Halliburton - Key offerings
    • Schlumberger Limited
      • Table Schlumberger Limited - Vendor overview
      • Table Schlumberger Limited - Business segments
      • Table Schlumberger Limited - Organizational developments
      • Table Schlumberger Limited - Geographic focus
      • Table Schlumberger Limited - Segment focus
      • Table Schlumberger Limited - Key offerings
    • TAM International, Inc
      • Table TAM International, Inc - Vendor overview
      • Table TAM International, Inc - Organizational developments
      • Table TAM International, Inc - Key offerings
    • Tendeka
      • Table Tendeka - Vendor overview
      • Table Tendeka - Organizational developments
      • Table Tendeka - Key offerings
    • The Weir Group PLC
      • Table The Weir Group PLC - Vendor overview
      • Table The Weir Group PLC - Business segments
      • Table The Weir Group PLC - Organizational developments
      • Table The Weir Group PLC - Geographic focus
      • Table The Weir Group PLC - Segment focus
      • Table The Weir Group PLC - Key offerings
    • Weatherford
      • Table Weatherford - Vendor overview
      • Table Weatherford - Business segments
      • Table Weatherford - Organizational developments
      • Table Weatherford - Segment focus
      • Table Weatherford - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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