Published by top news
Posted on July 30, 2021
According to a recent study of Fact.MR, sales of zonal isolation packers exceeded 25,438 units in 2018, and is estimated to surpass 26,000 units in 2019. The Fact.MR study finds an ever-increasing need from exploration & production industry operators to address the issue of gas migration, which continues to be one of the longstanding challenges requiring immediate attention. This, in turn, is paving favorable grounds for the adoption of effective zonal isolation technologies, including zonal isolation packers.
“One of the chief aspects fuelling demand is rising need for effective zonal isolation technologies to prevent damage of casing and other formations in a wellbore. Moreover, zonal isolation packers are also widely-used as an ideal anchor point for effective production tubing, creating untapped potential for the stakeholders of zonal isolation packers market”, says Fact.MR study
The study opines that demand for zonal isolation packers is closely associated with two of the highly-valued aspects- well lifecycle and workover. With resurgence of well drilling activities worldwide, industry operators seek effective zonal isolation packers that ensure enhanced well lifecycle and reduced workover. Consistent growth of well-intervention procedures across the existing oilfields for production ramp-up is one among the chief aspects bolstering the adoption of zonal isolation packers.
To remain ‘ahead’ of your competitors, request for a sample –
https://www.factmr.com/connectus/sample?flag=S&rep_id=3105
The study states that end-users will continue to show marked preferences for permanent zonal isolation packers, owing to their excellent performance as compared to retrievable and open hole variants. High sealing & gripping capabilities and low costs remain two key touchpoints boosting sales of permanent zonal isolation packers, with global sales estimated to surpass 15,600 units in 2019. Demand for zonal isolation packers from onshore applications will continue to grow by leaps and bounds, with global demand estimated to surpass 22,500 units in 2019.
For critical insights on this market, request for methodology here –
https://www.factmr.com/connectus/sample?flag=RM&rep_id=3105
The zonal isolation packers market landscape portrays hegemony of the top 3 players- Halliburton, Schlumberger Limited, and Baker Hughes Inc., whose growth is uphold by robust product portfolios. Furthermore, the zonal isolation packers market also demonstrates larger presence of regional players, which may compel the leading players to deliberately cut down their product prices for improving their product positioning. Moreover, manufacturers in the zonal isolation packers market are also focusing on product benchmarking as a continuous improvement tool, wherein they are comparing their offerings with the industry-best products to pick out areas of improvement.
According to the Fact.MR study, the key players in the zonal isolation packers market are positioning their production units in close proximity with prominent oil & gas sites, with an objective of minimizing the transportation costs. In line with the competitive market environment, the end-users continue to be in a stronger position in the zonal isolation packers market landscape. Sensing the aforementioned, manufacturers in the zonal isolation packers are vying to establish differential approaches as compared to that of their rivals, in order to ensure that product designs are appropriate and all-aligned with evolving end-user requirements.
Full Access of this Exclusive Report is Available at
https://www.factmr.com/checkout/3105
The Fact.MR report also analyzes the potential opportunities in zonal isolation packers market from 2019 to 2027. According to the report, the zonal isolation packers market is estimated to witness growth at a volume CAGR of over 3.5% during the forecast period.
Company Profiles
Halliburton
Schlumberger Limited
Baker Hughes Inc.
Weatherford International PLC
National Oilwell Varco, Inc.
Nine Energy Services
Trican Well Service Ltd.
NCS Multistage Holdings, Inc.
Nabors Industries Ltd.
Saltel Industries SAS
Packers Plus Energy Services Inc.
Superior Energy Services
Innovex Downhole Solutions
Explore Fact.MR’s Coverage on the industrial goods Domain
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Voltage Tester Market– According to latest research by Fact.MR, global voltage tester market is set to witness an impressive CAGR of more than 6% during the forecast period 2021-2031
Trichome Separator/Extractor Market– The Trichome Separator/Extractor Market study published by Fact.MR offers an unbiased analysis of the prominent drivers, opportunities, and trends expected to shape future expansion outlooks.
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com
According to a recent study of Fact.MR, sales of zonal isolation packers exceeded 25,438 units in 2018, and is estimated to surpass 26,000 units in 2019. The Fact.MR study finds an ever-increasing need from exploration & production industry operators to address the issue of gas migration, which continues to be one of the longstanding challenges requiring immediate attention. This, in turn, is paving favorable grounds for the adoption of effective zonal isolation technologies, including zonal isolation packers.
“One of the chief aspects fuelling demand is rising need for effective zonal isolation technologies to prevent damage of casing and other formations in a wellbore. Moreover, zonal isolation packers are also widely-used as an ideal anchor point for effective production tubing, creating untapped potential for the stakeholders of zonal isolation packers market”, says Fact.MR study
The study opines that demand for zonal isolation packers is closely associated with two of the highly-valued aspects- well lifecycle and workover. With resurgence of well drilling activities worldwide, industry operators seek effective zonal isolation packers that ensure enhanced well lifecycle and reduced workover. Consistent growth of well-intervention procedures across the existing oilfields for production ramp-up is one among the chief aspects bolstering the adoption of zonal isolation packers.
To remain ‘ahead’ of your competitors, request for a sample –
https://www.factmr.com/connectus/sample?flag=S&rep_id=3105
The study states that end-users will continue to show marked preferences for permanent zonal isolation packers, owing to their excellent performance as compared to retrievable and open hole variants. High sealing & gripping capabilities and low costs remain two key touchpoints boosting sales of permanent zonal isolation packers, with global sales estimated to surpass 15,600 units in 2019. Demand for zonal isolation packers from onshore applications will continue to grow by leaps and bounds, with global demand estimated to surpass 22,500 units in 2019.
For critical insights on this market, request for methodology here –
https://www.factmr.com/connectus/sample?flag=RM&rep_id=3105
The zonal isolation packers market landscape portrays hegemony of the top 3 players- Halliburton, Schlumberger Limited, and Baker Hughes Inc., whose growth is uphold by robust product portfolios. Furthermore, the zonal isolation packers market also demonstrates larger presence of regional players, which may compel the leading players to deliberately cut down their product prices for improving their product positioning. Moreover, manufacturers in the zonal isolation packers market are also focusing on product benchmarking as a continuous improvement tool, wherein they are comparing their offerings with the industry-best products to pick out areas of improvement.
According to the Fact.MR study, the key players in the zonal isolation packers market are positioning their production units in close proximity with prominent oil & gas sites, with an objective of minimizing the transportation costs. In line with the competitive market environment, the end-users continue to be in a stronger position in the zonal isolation packers market landscape. Sensing the aforementioned, manufacturers in the zonal isolation packers are vying to establish differential approaches as compared to that of their rivals, in order to ensure that product designs are appropriate and all-aligned with evolving end-user requirements.
Full Access of this Exclusive Report is Available at
https://www.factmr.com/checkout/3105
The Fact.MR report also analyzes the potential opportunities in zonal isolation packers market from 2019 to 2027. According to the report, the zonal isolation packers market is estimated to witness growth at a volume CAGR of over 3.5% during the forecast period.
Company Profiles
Halliburton
Schlumberger Limited
Baker Hughes Inc.
Weatherford International PLC
National Oilwell Varco, Inc.
Nine Energy Services
Trican Well Service Ltd.
NCS Multistage Holdings, Inc.
Nabors Industries Ltd.
Saltel Industries SAS
Packers Plus Energy Services Inc.
Superior Energy Services
Innovex Downhole Solutions
Explore Fact.MR’s Coverage on the industrial goods Domain
Zero Speed Switch Market -According to latest research by Fact.MR, zero speed switch market is set to witness CAGR of over 5% during 2021-2031.
Voltage Tester Market– According to latest research by Fact.MR, global voltage tester market is set to witness an impressive CAGR of more than 6% during the forecast period 2021-2031
Trichome Separator/Extractor Market– The Trichome Separator/Extractor Market study published by Fact.MR offers an unbiased analysis of the prominent drivers, opportunities, and trends expected to shape future expansion outlooks.
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com
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