The Global Sand Control Systems Market was valued at USD 2.32 billion in 2016 and is projected to reach USD 3.25 billion by 2025, growing at a CAGR of 3.82% from 2017 to 2025.
Sand Control refers to minimizing sand and fine production during petroleum production. Sand and fine produced with oil and gas can cause erosion and wear of production equipments, resulting in production downtime, expensive repairs, and potentially loss of containment. Benefits of Sand control system include - eliminated sand production, short deadline met to realize, early production, and nearly doubled production over expected rates.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing number of well drilled
1.2 Ease of drilling and production for oil reservoirs
1.3 New oilfield discoveries
1.4 Re-development of aging reservoirs
1.5 Increasing day rates of offshore rigs
2. Market Restraints
2.1 Strict government regulations
2.2 Large stockpiles of crude oil
Market Segmentation:
The Global Sand Control Systems Market is segmented on the well type, technique, application, and region.
1. Well Type:
1.1 Open Hole
1.2 Cased Hole
2. By Technique:
2.1 Sand Screens
2.2 Inflow Control Devices
2.3 Gravel Pack
2.4 Frac Pack
2.5 Others
3. By Application:
3.1 Offshore
3.2 Onshore
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Weatherford
2. National Oilwell Varco
3. Dialog
4. Mitchell
5. Packers Plus
6. Tendeka
7. Welltec
8. Hebei Shengkai
9. Schlumberger
10. Halliburton
11. Baker Hughes, A Ge Company
12. Interwell
13. Oil States International
14. Superior Energy
15. Variprem
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Sand Control Systems Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL SAND CONTROL SYSTEMS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL SAND CONTROL SYSTEMS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL SAND CONTROL SYSTEMS MARKET , BY WELL TYPE
5.1 Overview
5.2 Open Hole
5.3 Cased Hole
6 GLOBAL SAND CONTROL SYSTEMS MARKET , BY TECHNIQUE
6.1 Overview
6.2 Sand Screens
6.3 Inflow Control Devices
6.4 Gravel Pack
6.5 Frac Pack
6.6 Others
7 GLOBAL SAND CONTROL SYSTEMS MARKET , BY APPLICATION
7.1 Overview
7.2 Offshore
7.3 Onshore
8 GLOBAL SAND CONTROL SYSTEMS MARKET , BY GEOGRAPHY
8.1 Overview
8.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
8.5.1 Brazil
8.5.2 Argentina
8.6 Rest of the World Regional Market Estimates and Forecasts, 2012 - 2025
9 GLOBAL SAND CONTROL SYSTEMS MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Vendor Landscape
9.4 Key Development Strategies
10 COMPANY PROFILES
10.1 Weatherford
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 National Oilwell Varco
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 Dialog
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Mitchell
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Packers Plus
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 Tendeka
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Welltec
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 Hebei Shengkai
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Schlumberger
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
10.10 Halliburton
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments
10.11 Baker Hughes, A Ge Company
10.11.1 Overview
10.11.2 Financial Performance
10.11.3 Product Outlook
10.11.4 Key Developments
10.12 Interwell
10.12.1 Overview
10.12.2 Financial Performance
10.12.3 Product Outlook
10.12.4 Key Developments
10.13 Oil States International
10.13.1 Overview
10.13.2 Financial Performance
10.13.3 Product Outlook
10.13.4 Key Developments
10.14 Superior Energy
10.14.1 Overview
10.14.2 Financial Performance
10.14.3 Product Outlook
10.14.4 Key Developments
10.15 Variprem
10.15.1 Overview
10.15.2 Financial Performance
10.15.3 Product Outlook
10.15.4 Key Developments
11 Appendix
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