Oilfield Degassers Market by Application and Geography - Global Forecast & Analysis 2019-2023

Global Oilfield Degassers Market

About this market

Technavio’s oilfield degassers market analysis considers sales from both onshore and offshore applications. Our analysis report also considers finds the sales of oilfield degassers in APAC, Europe, North America, South America, and MEA. In 2018, the onshore segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as rising onshore E&P activities and the increased production activities due to substantial investments by private players will play a significant role in the onshore segment to maintain its market position. Also, our global oilfield degassers market report looks at factors such as a rebound in active rig count owing to recovery in oil price, increasing investments in upstream oil and gas, rise in global oil and gas demand. However, volatility in oil prices, environmental concerns related to E&P activities, and growing adoption of renewable energy may hamper the growth of the oilfield degassers industry over the forecast period.

Global Oilfield Degassers Market

Overview

Increase in the global oil and gas demand

Global oil and gas consumption is expected to witness considerable growth in the coming years owing to the increase rise in the demand need for energy. The growing demand for energy is attributed to rapid urbanization and large-scale industrialization in developing countries. To meet the rising demand for energy, major oil and gas companies are focusing on increasing their oil and gas E&P projects. This will drive the demand for drilling-related equipment, including degassers, which will lead to the expansion of the global oilfield degassers market at a CAGR of almost 6% during the forecast period.

Increase in Deep-Water and Ultra-Deep-Water Upstream Projects

Oil and gas companies have shifted their focus from shallow-water drilling to deepwater and ultra-deepwater resources. Moreover, the rise in the price of crude oil has led to a significant increase in drilling and operations. Oil and gas companies are significantly investing in offshore deepwater and ultra-deepwater drilling projects. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global oilfield degassers market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global oilfield degassers market is highly fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading oilfield degassers manufacturers, that include CMIC Ocean En-Tech Holding Co. Ltd., Derrick Corp., Fluid Systems, Inc., Hebei GN Solids Control Co. Ltd., MHWirth AS, National Oilwell Varco Inc., Schlumberger Ltd., The Weir Group Plc., Xi’an KOSUN Machinery Co. Ltd., Yantai Jereh Oilfield Services Group Co. Ltd.

Also, the oilfield degassers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Vendor – Key offerings
    • 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 ($ thousands)
      • 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 ($ thousands)
      • Table Onshore - Year-over-year growth 2019-2023 (%)
    • Offshore - Market size and forecast 2018-2023
      • Table Offshore - Market size and forecast 2018-2023 ($ thousands)
      • 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 ($ thousands)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ thousands)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ thousands)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ thousands)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ thousands)
      • 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
    • Declining cost of raw materials
    • Increase in deepwater and ultra-deepwater upstream projects
    • Increasing unconventional E&P activities
  • 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
    • CMIC Ocean En-Tech Holding Co. Ltd.
      • Table CMIC Ocean En-Tech Holding Co. Ltd. - Vendor overview
      • Table CMIC Ocean En-Tech Holding Co. Ltd. - Business segments
      • Table CMIC Ocean En-Tech Holding Co. Ltd. - Organizational developments
      • Table CMIC Ocean En-Tech Holding Co. Ltd. - Geographic focus
      • Table CMIC Ocean En-Tech Holding Co. Ltd. - Segment focus
      • Table CMIC Ocean En-Tech Holding Co. Ltd. - Key offerings
    • Derrick Corp.
      • Table Derrick Corp. - Vendor overview
      • Table Derrick Corp. - Organizational developments
      • Table Derrick Corp. - Key offerings
    • Fluid Systems Inc.
      • Table Fluid Systems Inc. - Vendor overview
      • Table Fluid Systems Inc. - Key offerings
    • Hebei GN Solids Control Co. Ltd.
      • Table Hebei GN Solids Control Co. Ltd. - Vendor overview
      • Table Hebei GN Solids Control Co. Ltd. - Key offerings
    • MHWirth AS
      • Table MHWirth AS - Vendor overview
      • Table MHWirth AS - Organizational developments
      • Table MHWirth AS - Key offerings
    • National Oilwell Varco Inc.
      • Table National Oilwell Varco Inc. - Vendor overview
      • Table National Oilwell Varco Inc. - Business segments
      • Table National Oilwell Varco Inc. - Organizational developments
      • Table National Oilwell Varco Inc. - Geographic focus
      • Table National Oilwell Varco Inc. - Segment focus
      • Table National Oilwell Varco Inc. - Key offerings
    • Schlumberger Ltd.
      • Table Schlumberger Ltd. - Vendor overview
      • Table Schlumberger Ltd. - Business segments
      • Table Schlumberger Ltd. - Organizational developments
      • Table Schlumberger Ltd. - Geographic focus
      • Table Schlumberger Ltd. - Segment focus
      • Table Schlumberger Ltd. - 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
    • Xi'an KOSUN Machinery Co. Ltd.
      • Table Xi'an KOSUN Machinery Co. Ltd. - Vendor overview
      • Table Xi'an KOSUN Machinery Co. Ltd. - Organizational developments
      • Table Xi'an KOSUN Machinery Co. Ltd. - Key offerings
    • Yantai Jereh Oilfield Services Group Co. Ltd.
      • Table Yantai Jereh Oilfield Services Group Co. Ltd. - Vendor overview
      • Table Yantai Jereh Oilfield Services Group Co. Ltd. - Business segments
      • Table Yantai Jereh Oilfield Services Group Co. Ltd. - Organizational developments
      • Table Yantai Jereh Oilfield Services Group Co. Ltd. - Geographic focus
      • Table Yantai Jereh Oilfield Services Group Co. Ltd. - Segment focus
      • Table Yantai Jereh Oilfield Services Group Co. Ltd. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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