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Category: Oil Industry (Page 1 of 9)

Oilfield Services Market Vendors to Gain Revenue Opportunities by Focusing on Open Architectures

The global oilfield services market is set to witness a significant growth due to the increasing shale gas exploration, increasing oil & gas production, and growing efforts in exploring new oil & gas reserves.

The oilfield services market is expected to grow from an estimated USD 106.43 Billion in 2017 to USD 125.51 Billion by 2022, registering a CAGR of 3.35%, from 2017 to 2022.

The onshore segment is expected to hold the largest share of the oilfield services market, by application, during the forecast period.

The onshore sub-segment, within the application segment, led the oilfield services market in 2016, and is projected to dominate the market during the forecast period. However, the offshore segment is expected to grow at the fastest rate during the forecast period. The growth of this segment is primarily driven by new exploration and production activities being carried out in offshore areas.  This would ultimately create new revenue pockets for the oilfield services market during the forecast period. Oilfield services plays a critical role in challenging environmental conditions such as HPHT and unconventional reservoirs.

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The fluctuating crude oil prices, are the major restraints for the market.

The oil & gas industry is susceptible to crude oil price fluctuations affecting the demand for oil as well all its related markets. The competition between the U.S. and the OPEC countries, particularly because of the shale gas revolution, has been one of the factors for the oil price plunge in the recent years. The crude oil prices plummeted to less than USD 30 a barrel in February 2016 after having seen a peak of over USD 110 a barrel in September 2013. From July 2014, prices fell sharply and continued to be at lower level causing sharp CAPEX cuts in 2015, and 2016. The industry shifted their focus towards cost optimization and extremely thin spend on new activities effecting heavily any demand growth across upstream oil and gas activities. The current year, 2018, is witnessing fairly stabilized crude oil prices around USD 70 a barrel bringing alive the upstream spending to an extent.

Oilfield Services Market Target Audience:

The target audience of this report includes:

  • Consulting companies of the energy and power sector
  • Government and research organizations
  • Investment banks
  • National Oil Companies (NOCs)
  • Oilfield tools & equipment manufacturers
  • Oilfield service companies
  • Oil & gas field operators
  • Power and energy associations
  • Exploration & Production companies

The pressure pumping services oilfield services sub-segment, within the services segment, is expected to hold the largest share of the oilfield services market during the forecast period.

The pressure pumping services oilfield sub-segment, within the services segment, led the oilfield services market in 2016, and is projected to dominate the market during the forecast period. However, the well completion equipment and services segment is expected to grow at the fastest rate during the forecast period. Pressure pumping oilfield services are used for applications such as well cementing and stimulation.  Increasing drilling activities for extraction of oil & gas has raised the demand for EOR and advanced drilling technologies, further increasing the demand for pressure pumping services. Countries such as the U.S. and China are expected to drive the market demand, mostly because of the ongoing shale boom.

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North America: The leading market for oilfield services

In this report, the oilfield services market has been analyzed with respect to six regions, namely, North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. The market in North America is expected to dominate the global oilfield services market, given increased oil & gas exploration activities, especially in the U.S. The production of oil & gas from oil sands, tight gas, and natural gas from coal, in Canada, combined with shale gas activities in the U.S., would drive the oilfield services market in North America.

To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the oilfield services market. These players include Baker Hughes Incorporated (U.S.), Halliburton Company (U.S.), Schlumberger Limited (U.S.), Weatherford International, PLC (Switzerland), Superior Energy Services, Inc. (U.S.), and GE Oil & Gas (U.K.). The leading players are trying to penetrate the markets in developing economies and are adopting various strategies to increase their market share.

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Water Clarifiers Market expected to reach 7.43 Billion USD by 2022, at a CAGR of 6.6%, over 2017–2022

[129 Pages Report] The Global Water Clarifiers Market is estimated to reach USD 7.43 Billion by 2022, at a CAGR of 6.6% from USD 5.39 Billion in 2017. The water clarifiers market has witnessed significant growth in recent years, owing to stringent regulations related to environment and water treatment. Increasing population and industrialization, coupled with declining freshwater resources has compelled governments of several countries to implement water treatment regulations, which, in turn, are driving the consumption of water clarifiers around the world.

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Table of Contents

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Water Clarifiers Market, By Type

7 Water Clarifiers Market, By End-Use Industry

8 Water Clarifiers Market, By Region

9 Competitive Landscape

10 Company Profiles

11 Appendix

Water clarifiers are used across various end- municipal water treatment, pulp & paper, textile, petrochemicals, metals & mining, and other industrials. Based on end-use industry, the metals & mining segment is expected to grow at the highest rate during the forecast period. The requirement of water clarifiers is the highest in the metals & mining industry, as this industry is highly water-intensive.

Asia Pacific is expected to be the fastest-growing market for water clarifiers during the forecast period. Increasing population, rapid industrialization, and decreasing freshwater reserves in this region are expected to propel the demand for water clarifiers in both, municipal and industrial sectors. Rapid urbanization will result in increasing municipal water consumption, which, in turn, will lead to high demand for flocculants and coagulants.

Some of the major market players active in the global water clarifiers market include SNF Floerger (France), Kemira OYJ (Finland), BASF SE (Germany), Ecolab Inc. (US), Solenis LLC (US), Buckman Laboratories, Inc. (US), Feralco AB (Sweden), Suez S.A. (France), Ixom Operations Pty Ltd. (Australia), and Kurita Water Industries Ltd. (Japan).

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China Oil Refining Market | Petroleum products production and demand Analysis: 2019

Market Reports on China Provides the Trending Market Research Report on “Oil Refining Industry in China 2019” under Oil & Gas Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Downstream energy sector report, “Oil Refining Industry in China” is a complete source of information on China crude oil refining industry. It provides refinery level information relating to existing and planned (new build) refineries such as insights and forecasts of refinery capacities, refined petroleum products production and consumption, refinery complexity factor and comparison against peer group countries in the respective region. The report also covers complete details of major players operating in the refining sector in China and in depth analysis of the latest industry news and deals.

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Scope

Outlook of Country Oil Refining Industry and refined petroleum products beyond 2018
Forecasts of refined products production and consumption along with major refining companies, and operators.
Historic and Forecasted Refining capacity and secondary units capacities beyond 2018
Key Opportunities and Restraints in country Refinery market
Benchmark with five peer group countries on Nelson Complexity Factor.
Market structure of Country Refining Industry, companies, capacities and market share.
Information on planned refineries such as planned capacity, equity structure, Operator Company, expected commissioning date and project cost.
Refined petroleum products production and demand beyond 2018.
Refinery level information such as refinery name, commissioned year, primary and secondary units installed capacities along with future capacity expansions, refinery complexity factor, ownership and operator details.
Company profiles of major refining companies including SWOT Analysis.
Latest mergers, acquisitions, contract announcements, and all related industry news and deals analysis.

Reasons to Purchase
Vital source to make your strategic business decisions with our in-depth analysis based on historical and forecasted data on refineries, countries and companies
Identify potential opportunities for capital investments in upcoming refineries, capacity expansions and asset investments.
Assess merits and demerits of investing in a particular country’s Refinery market against its peer group countries.
Strengthen your strategy formulation using the key information and data to maximize return on investments.
Identify potential investment opportunities present across the Refinery value chain in the entire world
Appraise upcoming refineries using our asset level information.
Essential and latest information to keep you ahead of competitors by understanding rival companies’ business strategies.
Make your vital financial decisions using latest news and deals information.


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About Market Reports on China:
Market Reports on China is thus the one-stop solution for the entire market research requirements with regards to China.
We provide you with insight and analysis on the country’s economic outlook at the national, regional and city level, presenting deep understanding of disparities and evolutionary paths. Get a complete, consistent and concise view of your markets with comprehensive industry reports. Our latest regional databanks, forecasts, and detailed risk ratings will help you to identify risk and opportunities in every industry and develop strategic plans to deal with the competitiveness in the Chinese market.

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Epoxidized Soybean Oil Market worth 691.7 Million USD by 2026

The report Epoxidized Soybean Oil Market by Raw Material (Soybean Oil, Hydrogen Peroxide), Application (Plasticizers, UV Cure Applications, Fuel Additives), End-use Application (Foods & Beverages, Adhesives & Sealants, Automotives) – Global Forecast to 2026″, The global Epoxidized Soybean Oil (ESBO) market is projected to reach USD 691.7 Million by 2026, at a CAGR of 11.04% from 2016 to 2026.

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Browse 155 market data tables and 62 figures spread through 189 pages and in-depth TOC on “Epoxidized Soybean Oil Market”


This growth is fueled by the expected high demand from the application segment due to the easy availability of epoxidized soybean oil in large volumes and at lower prices. Further, the global demand for epoxidized soybean oil in the North American, Asia-Pacific, and European regions is growing due to stringent environmental regulations. Epoxidized soybean oil is preferred as against phthalate-free stabilizers in PVC applications, and hence ESBO is used widely as an additive in plasticizers.

Soybean oil: The most-widely used raw material for the production of epoxidized soybean oil

Soybean seeds are crushed in order to obtain soybean oil for use in manufacturing epoxidized soybean oil. For the production of ESBO, soybean oil is used as the basic raw material. As compared to other bio-based oils, soybean oil is preferred by oleo chemicals producers due to its low cost and easy availability. The use of ESBO helps application industries to reduce production costs and to maximize profitability margins.

Plasticizers: The largest application of epoxidized soybean oil

Polymer materials are made flexible, user-friendly, and resilient with the addition of plasticizers. When ESBO undergoes heat treatment, it acts as a scavenger for hydrochloric acid liberated from polyvinyl chloride. ESBO being a bio-based plasticizer is gaining traction in PVC stabilization applications over the phthalate plasticizers.

North America: The largest market for epoxidized soybean oil

The North American region is the largest market in the global epoxidized soybean oil market, in terms of value, and this trend is expected to continue till 2026. Countries in this region such as U.S, Canada and Mexico are achieving symbolic increase in the use of epoxidized soybean oil in the plasticizer application industry. This growth is due to the easy availability of raw materials in large quantities and at lower costs, which is driving the demand for epoxidized soybean oil in this region. U.S is the largest market for epoxidized soybean oil and is projected to continue this trend till 2026. The epoxidized soybean oil market has various global players competing for significant market shares. These companies are actively investing in various strategies such as, new product developments, acquisitions, and joint ventures & partnerships globally to further strengthen their market shares. Major manufacturers such as, The DOW Chemical Company (U.S), Galata Chemicals LLC (U.S), CHS Inc. (U.S), Ferro Corporation (U.S), and others have adopted various organic and inorganic developmental strategies in the North American region.

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Ultrafiltration Market worth 2,140.1 Million USD by 2023 at a CAGR of 15.0%

The ultrafiltration market was valued at USD 950.0 million in 2017 and is projected to reach USD 2,140.1 million by 2023, at a CAGR of 15.0% during the forecast period 2018 to 2023. In this study, 2017 has been considered as the base year while the forecast period that has been considered is 2018 to 2023.

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Browse 67 market data Tables and 37 Figures spread through 137 Pages and in-depth TOC on “Ultrafiltration Market”

The ceramic segment is expected to grow at the highest CAGR during the forecast period. The demand for ceramic membranes is growing owing to their properties such as high porosity, high permeability, defined pore size, and good mechanical properties. It is also suitable for a wide range of applications such as water & wastewater treatment, medical & pharmaceutical, and food & beverage. Extensive R&D activities to develop new and innovative products to widen the application areas are expected to boost the demand for ultrafiltration during the forecast period.

 Based on application segment, the industrial treatment application is projected to lead the ultrafiltration market during the forecast period. Ultrafiltration are widely used in the food & beverage processing, chemical & petrochemical processing, and pharmaceutical processing. The presence of strict effluent treatment regulations in various counties is one of the major reasons for extensive consumption of these ultrafiltration in industrial applications.

 APAC is estimated to lead the ultrafiltration market during the forecast period, followed by North America and Europe. Developed regions, such as Europe and North America, are relatively mature markets compared to APAC, the Middle East & Africa, and South America. The APAC region is projected to grow at the highest rate from 2018 to 2023. The market in this region is experiencing an increase in demand for ultrafiltration from the water & wastewater treatment, pharmaceutical, food & beverage, chemical & petrochemical, and other industries. In the APAC region, the market in China is projected to grow at the highest CAGR during the forecast period. China has been an export-oriented country; however, the growing domestic demand is expected to lead to an increase in the domestic consumption of ultrafiltration.

The ultrafiltration market includes raw material suppliers, manufacturers of ultrafiltration, and end users. DowDuPont Inc. (US), Hyflux Ltd. (Singapore), Inge GmbH (Germany), Toray Industries, Inc. (US), GE Water & Process Technologies (US), Hydranautics (US), and Pentair plc (US) are the leading players operating in the ultrafiltration market.

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Spiral Membrane Market to Reach CAGR of 10.0% – Forecast 2023

The Spiral Membrane Market is projected to reach USD 8.20 billion by 2023, at a CAGR of 10.0% from 2018 to 2023. Spiral membranes are finding increasing acceptance in various applications, such as water & wastewater treatment, pharmaceutical & biotechnology, food & beverage, chemical & petrochemical, oil & gas, and others. The growth of the spiral membrane market is expected to be fueled by the rising demand from applications due to increasing demand for pure water and government regulations.

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Browse 72 market data Tables and 35 Figures spread through 123 Pages and in-depth TOC on “Spiral Membrane Market”

Based on type, the polyamide segment is projected to lead the Spiral Membrane Market during the forecast period. Polyamide type is estimated to have accounted for the largest market share due to its easy availability and cost-efficiency. In addition, these membranes possess lower pressure requirements and more flexible operating conditions which makes them suitable for municipal and industrial effluent treatment application.

Based on end-use industry, the water & wastewater treatment segment is projected to grow at the highest CAGR from 2018 to 2023. Spiral membranes are widely used in various industries such as food & beverage, pharmaceutical, chemical & petrochemical, and textile industries. The technology is used for water treatment and manufacturing processes. In addition to this, the presence of stringent regulations in various countries for effluent discharge is also a major factor for the large size of this segment. The R&D departments of manufacturing companies are carrying out research to widen the application areas, which is expected to drive the Spiral Membrane Market during the forecast period.

 APAC is estimated to lead the spiral membrane market during the forecast period, followed by North America and Europe. Developed regions, such as Europe and North America, are relatively mature markets compared to APAC, the Middle East & Africa, and South America. The APAC region is projected to grow at the highest rate from 2018 to 2023. The market in this region is experiencing an increase in demand for spiral membrane from the water & wastewater treatment, pharmaceutical & biotechnology, food & beverage, chemical & petrochemical, oil & gas, and other industries. In the APAC region, the market in China is projected to grow at the highest CAGR during the forecast period. China has been an export-oriented country; however, the growing domestic demand is expected to lead to an increase in the domestic consumption of spiral membrane.

DowDuPont Inc. (US), Toray Industries, Inc. (US), Hydranautics (US), LG Water Solutions (South Korea), SUEZ Water Technologies and Solutions (France), Merck Group (Germany), Pentair plc (US), Koch Membrane Systems (US), Pall Corporation (US), and Lanxess (Germany) are the key players operating in the spiral membrane market.

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Global Fall Protection Market intelligence with competitive landscape in 2022

The Global Fall Protection Market is estimated to be USD 1.82 Billion in 2017 and is projected to reach USD 2.69 Billion by 2022, at a CAGR of 8.1% during the forecast period. Increasing awareness regarding industrial safety and stringent government regulations pertaining to the safety of people in the construction industry are expected to drive the growth of the global fall protection market.

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Browse 68 Market Data Tables and 51 Figures spread through 149 Pages and in-depth TOC on “Fall Protection Market”

Drivers & Opportunities in global industry:

  • Stringent Government Regulations
  • Increasing Demand for Fall Protection Equipment From Construction Industry
  • Growing Awareness of Industrial Safety
  • High Growth Opportunities for Access System
  • Industrial Growth in Asia-Pacific

Based on type, the global fall protection market has been segmented into soft goods, hard goods, installed system, access system, rescue kit, and services. The access system segment is projected witness the highest growth during the forecast period, due to the increasing demand for protective equipment used in confined spaces. Access systems include confined space and tripod products used in tanks, vessels, sewers, and other applications.

Based on end-use industry, the global fall protection market has been segmented into construction, general industry, oil & gas, energy & utilities, telecom, transportation, mining, and others. The construction segment is expected to witness the highest growth during the forecast period. Mandates by governments of several countries around the globe, pertaining to the use of fall protection equipment to reduce the number of accidents and causalities during construction activities, is expected to fuel the growth of this segment.

Key players in the fall protection market have opportunities to expand in emerging countries. For example, the government of India is encouraging the growth of the manufacturing sector in the country by liberalizing policies and providing additional incentives such as land at cheap rates and faster clearances from all concerned departments. This will help develop the infrastructure and increase construction activities, which is expected to drive the sales of fall protection in the country over the next five years. Major players in the market can acquire the local players and establish their presence to provide fall protection equipment and provide services to the end users in emerging countries.

3M Company (US), Honeywell International Inc. (US), MSA Safety Inc. (US), Werner Co. (US), GF Protection Inc. (US), SKYLOTEC GmbH (Germany), W.W. Grainger, Inc. (US), Total Access (UK) Ltd. (UK), Kee Safety, Inc. (UK), and FallTech (US) are some of the leading players in the global fall protection market.

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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

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Gas Treatment Market Expected to Collect 4.96 Billion USD by 2023

[109 Pages Report] The Gas Treatment Market size was valued USD 3.56 billion in 2017 and is projected to reach USD 4.96 billion by 2023, at a CAGR of 5.7% between 2018 and 2023. In this study, 2017 has been considered as the base year, while 2018–2023 is considered as the forecast period.

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Growing demand for natural gas and stringent air pollution control regulations are the major drivers of the gas treatment market. The discovery of new gas fields in many countries is also expected to drive the market during the forecast period.

On the basis of type, the amines segment is estimated to account for the largest share of the gas treatment market, during the forecast period, in terms of both value and volume. The high market share of amines is backed by its high regeneration ability and cost-effectiveness in comparison to other gas treatment.

Among applications, the acid gas removal segment is projected to lead the gas treatment market during the forecast period, in terms of value and volume. Gas treatment are widely used in oil & gas processing. The high demand in this segment can be attributed to the increasing awareness of natural gas as a cleaner source for electricity generation in various countries such as China, Malaysia, Indonesia, and India and the increasing adherence to environmental regulations by various industries for air pollution in developed countries.

APAC is the fastest-growing market for gas treatment, globally, in terms of volume. The growth of the APAC gas treatment market can be attributed to the large industrial base in the region and increased demand for gas treatment from the oil & gas industry. In addition, several initiatives undertaken by governments of different countries of the region to attract investments from various international companies are expected to propel the growth of the market during the forecast period.

The gas treatment market includes raw material suppliers, manufacturers of gas treatment, and end users. DowDuPont Inc. (US), Huntsman International LLC (US), BASF SE (Germany), Ecolab Inc., and Berryman Chemicals Inc. (US) are the leading players operating in the gas treatment market.

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