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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Zonal Isolation Market share research by applications and regions for 2016 – 2024
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com The graph of Zonal Isolation Market is expected to display a high surge over the next few years, pushed by growing number of drilling operations carried out across the offshore and onshore destinations. Technological innovations have helped the industry players explore new oil & gas wells and this has significantly contributed towards the industry growth. Increase in number of shale gas exploration along with heavy crude oil demand due to high energy requirements, will propel zonal isolation industry growth in the near future.Zonal Isolation Market Moreover, rise in the number of drilling rigs across the globe is projected to increase the demand for exploration and production of oil & gas wells, thereby driving the industry trends over the coming timeframe. For instance, world drilling rig count improved by 74 units in July 2016 in comparison to June 2016. In fact, the U.S. rig count had numbered to 449 rigs from 32 rigs while Canada contributed nearly 31 units to 94 rigs. Developed countries like the U.S. and Canada are investing heavily in oil & gas exploration projects which is expected to drive the zonal isolation industry growth over the next few years. Global Market Scenario of Furfural Industry
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Offshore sector is a major application area, projected to offer high growth opportunities for zonal isolation industry over the coming seven years. As per the research, offshore application is expected to grow at a CAGR of 7% over the coming timeframe, driven by huge investments in the exploration and production activities carried out offshore. Moreover, zonal isolation market share in onshore sector, will experience a high growth, due to the enormous rise in onshore drilling activities. Reasons to Buy This Report: 1. Zonal Isolation Market size & share forecast by product & application, 2016-2024 2. Growth drivers, pitfalls & industry challenges 3. Zonal Isolation Market growth opportunities & emerging business models 4. Competitive benchmarking with market share analysis and company profiles Rise in number of shale gas exploration activities along with high requirements for oil & gas is expected to spur Europe zonal isolation market growth over the coming years. UK and Norway are expected to be the major regional revenue contributors. Middle East & Africa zonal isolation market is projected to witness significant gains of 6.53% over 2016-2024, driven by rise in regional drilling rig count. Iran and Saudi Arabia are projected to be the major regional revenue pockets. Continue…
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com For Customization as per your requirement please click@ http://bit.ly/2hpqt9o Research Methodology
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Zonal Isolation Market@ http://bit.ly/2doSi05 Request Table of Contents of this report@ http://bit.ly/2zzLpVI For Customization in this report click@ http://bit.ly/2hpqt9o
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