June 25, 2018 - 1:42 PM EDT
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Sand Control Systems: Global Market Report 2018-2022 - Analysis by Application - ResearchAndMarkets.com


The "Global Sand Control Systems Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global sand control systems market is forecast to grow at a CAGR of 4.07% during the period 2018-2022.

Global Sand Control Systems Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is the rising investments in renewable energy. Advancing from fossil fuels to renewable sources such as wind and solar energy is the key to achieve economic, social, and environmental development. Several countries have been adopting renewables as the primary energy source.

According to the report, one of the major drivers for this market is the increase in oil rig count. With the gradual stabilization in crude oil prices and increasing rig count, exploration and drilling projects that were initially on hold are likely to resume. Also, the increase in new exploration and drilling projects is likely to propel the growth of sand control systems market during the forecast period.

Further, the report states that one of the major factors hindering the growth of this market is the uncertainties associated with low crude oil prices. Any fluctuation in crude oil prices affects the performance of most upstream sector companies. The trend of low crude prices had put financial pressure on oil and gas service companies, in turn, hampering the growth of the market during the predicted period.

Key Vendors

  • 3M
  • General Electric
  • Halliburton
  • National Oilwell Varco
  • Schlumberger
  • Weatherford

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Application

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/vhzfn3/sand_control?w=4

Laura Wood, Senior Manager
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Related Topics: Engineering, Industrial Automation

Source: Business Wire (June 25, 2018 - 1:42 PM EDT)

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