Oil and Gas Packer Market - Global Industry Analysis, Segments, Major Geographies and Current Market Forecasts 2022
Market Reports Center offers Oil and Gas Packer Market Research Report. This Report covers the complete Industry Outlook, Growth, Size, Share and Forecast Till 2022.
(EMAILWIRE.COM, March 23, 2018 ) Technavio Announces the Publication of its Research Report – Global Oil and Gas Packer Market 2018-2022
Technavio recognizes the following companies as the key players in the global oil and gas packer market: Dril-Quip, GENERAL ELECTRIC, Halliburton, National Oilwell Varco, Schlumberger, and Weatherford
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increased shale oil and gas production. For many countries around the world, shale gas is an opportunity to strengthen energy security while cutting emissions. The increased development of shale resulted in a decrease of imports for the US. The US, which was among the top importers of crude oil across the world, gradually reduced its imports, resulting in surplus crude oil in the market. The decreased imports are mainly attributed to the introduction of hydraulic fracturing because of which domestic supplies have increased.”
To Get Sample Copy of Report visit @ https://marketreportscenter.com/request-sample/577088
According to the report, one of the major drivers for this market is Increasing applications of packer as a downhole tool. Oil and gas packer is a device that is run into the wellbore at a smaller initial diameter, which is later expanded to seal the wellbore. Packer is required during the well completion, where it isolates the annulus from the production conduit. The packer, as a downhole device, is essential for the basic functioning of most wells, producers, or injectors.
Further, the report states that one of the major factors hindering the growth of this market is Fluctuations in oil and gas prices. The oil and gas industry is directly linked to the crude oil price, and its success or failure depends on the pricing of this commodity. The industry witnessed a prolonged period of low crude oil prices since July 2014. The prices declined continuously owing to the supply-demand imbalance. Oil and gas companies, especially upstream companies, experienced a phase of reduced revenues, which had a direct impact on the cash flow for the companies.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Browse Full Research Report with Table of Content @ https://marketreportscenter.com/reports/577088/global-oil-and-gas-packer-market-2018-2022
Some points from TOC:-
PART 08: MARKET SEGMENTATION BY PRODUCT
Segmentation by product
Comparison by product
Permanent packer Market size and forecast 2017-2022
Retrievable packer Market size and forecast 2017-2022
Market opportunity by product
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
Americas Market size and forecast 2017-2022
EMEA Market size and forecast 2017-2022
APAC Market size and forecast 2017-2022
…………
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Technavio recognizes the following companies as the key players in the global oil and gas packer market: Dril-Quip, GENERAL ELECTRIC, Halliburton, National Oilwell Varco, Schlumberger, and Weatherford
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increased shale oil and gas production. For many countries around the world, shale gas is an opportunity to strengthen energy security while cutting emissions. The increased development of shale resulted in a decrease of imports for the US. The US, which was among the top importers of crude oil across the world, gradually reduced its imports, resulting in surplus crude oil in the market. The decreased imports are mainly attributed to the introduction of hydraulic fracturing because of which domestic supplies have increased.”
To Get Sample Copy of Report visit @ https://marketreportscenter.com/request-sample/577088
According to the report, one of the major drivers for this market is Increasing applications of packer as a downhole tool. Oil and gas packer is a device that is run into the wellbore at a smaller initial diameter, which is later expanded to seal the wellbore. Packer is required during the well completion, where it isolates the annulus from the production conduit. The packer, as a downhole device, is essential for the basic functioning of most wells, producers, or injectors.
Further, the report states that one of the major factors hindering the growth of this market is Fluctuations in oil and gas prices. The oil and gas industry is directly linked to the crude oil price, and its success or failure depends on the pricing of this commodity. The industry witnessed a prolonged period of low crude oil prices since July 2014. The prices declined continuously owing to the supply-demand imbalance. Oil and gas companies, especially upstream companies, experienced a phase of reduced revenues, which had a direct impact on the cash flow for the companies.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Browse Full Research Report with Table of Content @ https://marketreportscenter.com/reports/577088/global-oil-and-gas-packer-market-2018-2022
Some points from TOC:-
PART 08: MARKET SEGMENTATION BY PRODUCT
Segmentation by product
Comparison by product
Permanent packer Market size and forecast 2017-2022
Retrievable packer Market size and forecast 2017-2022
Market opportunity by product
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
Americas Market size and forecast 2017-2022
EMEA Market size and forecast 2017-2022
APAC Market size and forecast 2017-2022
…………
Check for discount @ https://marketreportscenter.com/request-discount/577088
About Market Reports Center:
Market Reports Center is an e-commerce platform obliging the needs of knowledge workers, experts, professionals who are subject to market research information for their work, or to make strategic business decisions. We are dedicated to create a comprehensive offering of market research which is accurate, credible and affordable.
Market Reports Center currently has more than 4, 00,000 plus titles and 50+ Publishers on our platform and growing consistently. We cover more than 35 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Construction, Agriculture, Food, Beverages, Banking & Finance, Media and Government, Public Sector Studies.
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Tel: 1-646-883-3044
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Market Reports Center
Sam Collins
Tel: 1-646-883-3044
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results