Sand Control Systems Market by Type (Gravel Pack, Frac Pack, Sand Screens, Inflow Control Devices, and Others), Application (Onshore and Offshore), & Geography - Global trends and forecasts to 2019
This report analyzes the Sand Control Systems market in terms of value, which has been estimated in terms of market size with respect to each type and application. This has been broken down into regions and further split into countries.
The implementation of Sand Control Systems is an inevitable part in the completion process of an oil & gas well. It has gained acceptance over a period of time with proficient outcomes of higher flow rate and production in a conventional oil & gas well. The employment of these systems in the annulus of a wellbore has led to the eradication of downhole cavities, which lead to inefficient production rates and early maturing of wells. In addition, it delays the wearing and erosion of the production equipment; thus, reducing the overall cost of extraction and production. Offshore applications of Sand Control Systems have the highest growth rate as it reduces the risk of well failure due to sand formations in a wellbore, especially in deep and ultra-deepwater wells. The onshore application has the largest market size due to the presence of high potential onshore natural reserves.
Various secondary sources such as encyclopedias, directories, and databases have been used to identify and collect information useful for this extensive commercial study of the global Sand Control Systems market. The primary sources, experts and suppliers from the industry, have been interviewed to obtain and verify critical information as well as assess future prospects of the Sand Control Systems market.
Leading players of this industry, along with their recent developments and other strategic industry activities, have been profiled in this report. Some of the major companies include Schlumberger Limited (U.S.), Halliburton Corp. (U.S.), National Oilwell Varco (U.S.), Weatherford International (Ireland), Cameron International Corporation (U.S.), Nabors Industries Ltd. (U.S.), Tendeka(U.K.), Variperm (Canada), Dialog Group Berhad (Malaysia), Interwell (Norway), Mitchell Industries (U.S.), Oil States International Corp. (U.S.), Packers Plus Energy Services (Canada), Superior Energy Services Inc. (U.S.), and Welltec International (Denmark) among others.
South America is estimated to dominate the global Sand Control Systems market, in terms of growth rate. In this region, Brazil is the largest market given increasing investments from Petrobras (Brazil), which is a leading operator in the region. North America and Asia-Pacific are expected to dominate the Sand Control Systems market, in terms of market size.
The Sand Control Systems market has been segmented into six regions, namely North America, South America, Europe, Asia-Pacific, the Middle East, and Africa. The Sand Control Systems market has been further segmented by type and application.
This report also includes the analysis of the value chain, Porter’s Five Forces model, the competitive landscape, and raw-materials. In addition, 15 key players of this market have also been profiled.