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FEATURED COMPANIES
- Derrick Corp.
- Fluid Systems, Inc.
- MHWirth AS
- Schlumberger Ltd.
- The Weir Group Plc.
- Yantai Jereh Oilfield S
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
Global Oilfield Degassers Market: About this market
The oilfield degassers market analysis considers sales from both onshore and offshore applications. Our analysis report also considers finds the sales of oilfield degassers in APAC, Europe, North America, South America, and MEA. In 2018, the onshore segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as rising onshore E&P activities and the increased production activities due to substantial investments by private players will play a significant role in the onshore segment to maintain its market position. Also, our global oilfield degassers market report looks at factors such as a rebound in active rig count owing to recovery in oil price, increasing investments in upstream oil and gas, rise in global oil and gas demand. However, volatility in oil prices, environmental concerns related to E&P activities, and growing adoption of renewable energy may hamper the growth of the oilfield degassers industry over the forecast period.
Global Oilfield Degassers Market: Overview
Increase in the global oil and gas demand
Global oil and gas consumption is expected to witness considerable growth in the coming years owing to the increase rise in the demand need for energy. The growing demand for energy is attributed to rapid urbanization and large-scale industrialization in developing countries. To meet the rising demand for energy, major oil and gas companies are focusing on increasing their oil and gas E&P projects. This will drive the demand for drilling-related equipment, including degassers, which will lead to the expansion of the global oilfield degassers market at a CAGR of almost 6% during the forecast period.
Increase in Deep-Water and Ultra-Deep-Water Upstream Projects
Oil and gas companies have shifted their focus from shallow-water drilling to deepwater and ultra-deepwater resources. Moreover, the rise in the price of crude oil has led to a significant increase in drilling and operations. Oil and gas companies are significantly investing in offshore deepwater and ultra-deepwater drilling projects. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global oilfield degassers market is highly fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading oilfield degassers manufacturers, that include CMIC Ocean En-Tech Holding Co. Ltd., Derrick Corp., Fluid Systems, Inc., Hebei GN Solids Control Co. Ltd., MHWirth AS, National Oilwell Varco Inc., Schlumberger Ltd., The Weir Group Plc., Xi’an KOSUN Machinery Co. Ltd., Yantai Jereh Oilfield Services Group Co. Ltd.
Also, the oilfield degassers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The oilfield degassers market analysis considers sales from both onshore and offshore applications. Our analysis report also considers finds the sales of oilfield degassers in APAC, Europe, North America, South America, and MEA. In 2018, the onshore segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as rising onshore E&P activities and the increased production activities due to substantial investments by private players will play a significant role in the onshore segment to maintain its market position. Also, our global oilfield degassers market report looks at factors such as a rebound in active rig count owing to recovery in oil price, increasing investments in upstream oil and gas, rise in global oil and gas demand. However, volatility in oil prices, environmental concerns related to E&P activities, and growing adoption of renewable energy may hamper the growth of the oilfield degassers industry over the forecast period.
Global Oilfield Degassers Market: Overview
Increase in the global oil and gas demand
Global oil and gas consumption is expected to witness considerable growth in the coming years owing to the increase rise in the demand need for energy. The growing demand for energy is attributed to rapid urbanization and large-scale industrialization in developing countries. To meet the rising demand for energy, major oil and gas companies are focusing on increasing their oil and gas E&P projects. This will drive the demand for drilling-related equipment, including degassers, which will lead to the expansion of the global oilfield degassers market at a CAGR of almost 6% during the forecast period.
Increase in Deep-Water and Ultra-Deep-Water Upstream Projects
Oil and gas companies have shifted their focus from shallow-water drilling to deepwater and ultra-deepwater resources. Moreover, the rise in the price of crude oil has led to a significant increase in drilling and operations. Oil and gas companies are significantly investing in offshore deepwater and ultra-deepwater drilling projects. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global oilfield degassers market is highly fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading oilfield degassers manufacturers, that include CMIC Ocean En-Tech Holding Co. Ltd., Derrick Corp., Fluid Systems, Inc., Hebei GN Solids Control Co. Ltd., MHWirth AS, National Oilwell Varco Inc., Schlumberger Ltd., The Weir Group Plc., Xi’an KOSUN Machinery Co. Ltd., Yantai Jereh Oilfield Services Group Co. Ltd.
Also, the oilfield degassers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Derrick Corp.
- Fluid Systems, Inc.
- MHWirth AS
- Schlumberger Ltd.
- The Weir Group Plc.
- Yantai Jereh Oilfield S
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPE
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATION
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDS
PART 11: VENDOR LANDSCAPE
PART 12: VENDOR ANALYSIS
PART 13: APPENDIX
List of Exhibits
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Derrick Corp.
- Fluid Systems, Inc.
- MHWirth AS
- Schlumberger Ltd.
- The Weir Group Plc.
- Yantai Jereh Oilfield S
The following companies are recognised as the key players in the global oilfield degassers market: CMIC Ocean En-Tech Holding Co. Ltd., Derrick Corp., Fluid Systems, Inc., Hebei GN Solids Control Co. Ltd., MHWirth AS, National Oilwell Varco Inc., Schlumberger Ltd., The Weir Group Plc., Xi’an KOSUN Machinery Co. Ltd., Yantai Jereh Oilfield Services Group Co. Ltd.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increase in deep-water and ultra-deep-water upstream projects.”
According to the report, one of the major drivers for this market is the global oil and gas demand.
Further, the report states that one of the major factors hindering the growth of this market is the volatility in oil prices.
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.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increase in deep-water and ultra-deep-water upstream projects.”
According to the report, one of the major drivers for this market is the global oil and gas demand.
Further, the report states that one of the major factors hindering the growth of this market is the volatility in oil prices.
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.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- CMIC Ocean En-Tech Holding Co. Ltd.
- Derrick Corp.
- Fluid Systems, Inc.
- Hebei GN Solids Control Co. Ltd.
- MHWirth AS
- National Oilwell Varco Inc.
- Schlumberger Ltd.
- The Weir Group Plc.
- Xi’an KOSUN Machinery Co. Ltd.
- Yantai Jereh Oilfield S
Note: Product cover images may vary from those shown
