#Angola Oil and Gas Market analysis

[reportstores]

FPSO Market Analysis by Region, Countries, and Forecast, 2023-2028

The FPSO (Floating Production, Storage, and Offloading) market is expected to witness significant growth and regional variations in the coming years. This analysis provides insights into the FPSO market on a regional and country level, along with a forecast for the period of 2023 to 2028. It examines key regions and countries driving the market, their growth potential, market trends, and factors influencing market dynamics.

North America: 1.1 United States: The United States is a major player in the FPSO market, driven by the exploration and production activities in the Gulf of Mexico. The region's established offshore infrastructure, technological advancements, and favorable regulatory environment contribute to its market growth. The forecast predicts steady growth in the deployment of FPSOs in the Gulf of Mexico during the forecast period.

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1.2 Canada: Canada's FPSO market is primarily driven by the offshore developments in the Atlantic region, including the Jeanne d'Arc Basin and Flemish Pass Basin. The region holds significant untapped hydrocarbon reserves, and FPSOs are increasingly being considered for the development of these fields. The forecast anticipates moderate growth in FPSO deployments in Canada, driven by ongoing and future offshore projects.

Europe: 2.1 Norway: Norway has a mature offshore oil and gas industry, and FPSOs play a crucial role in the region's field development and production activities. The Norwegian Continental Shelf is home to several FPSOs, including those in the North Sea and the Barents Sea. The forecast suggests steady growth in FPSO installations in Norway, supported by ongoing field developments and enhanced oil recovery initiatives.

2.2 Brazil: Brazil is one of the leading markets for FPSOs globally. The country has significant offshore reserves, particularly in the pre-salt basins, which require FPSOs for efficient production and processing. The forecast predicts robust growth in Brazil's FPSO market, driven by the continuous development of pre-salt fields and the government's push to attract investment in the oil and gas sector.

Asia-Pacific: 3.1 Australia: Australia's FPSO market is driven by offshore developments in the Timor Sea, Browse Basin, and Carnarvon Basin. The region's vast natural gas reserves and ongoing projects contribute to the demand for FPSOs. The forecast suggests steady growth in the deployment of FPSOs in Australia, with a focus on liquefied natural gas (LNG) projects.

3.2 Malaysia: Malaysia's FPSO market is driven by offshore oil and gas developments, primarily in the waters of Sabah and Sarawak. The region has a well-established infrastructure and favorable investment climate. The forecast indicates moderate growth in the FPSO market in Malaysia, supported by the development of marginal fields and ongoing exploration activities.

Rest of the World: 4.1 Angola: Angola has emerged as a significant FPSO market in Africa, driven by offshore developments in the prolific deepwater fields, such as Block 17 and Block 32. The region's focus on increasing production and developing new discoveries contributes to the growth of FPSOs. The forecast suggests steady growth in FPSO installations in Angola, supported by ongoing field developments and new licensing rounds.

4.2 Nigeria: Nigeria's FPSO market is driven by offshore developments in the Niger Delta region, including fields like Bonga and Egina. The region has abundant oil and gas resources and aims to increase production through FPSO projects. The forecast indicates moderate growth in the FPSO market in Nigeria, driven by new field developments and the need for field redevelopment.

Conclusion: The FPSO market analysis by region and countries provides insights into the growth potential and market dynamics across various key regions

[santhoshreddy]

The Angola report analyses the impact of COVID-19 on the oil and gas sector and provides analysis on upstream exploration, upstream oil production, upstream gas production, gas consumption, and oil and gas trade. The report identifies the major upstream projects and tracks the key recent developments in the market.

[gauridesai]

Impact of COVID-19 on PPE (Personal Protective Equipment) Mask Market Growth

The outbreak of COVID-19 is having a huge impact on the healthcare industry majorly the PPE (Personal Protective Equipment). PPE includes gloves, mask, gown, goggles, N95 respirators, and hand sanitizer. Currently, it is the only preventive measure for the healthcare professional to prevent themselves from the spread of corona virus.

Many countries are involved in manufacturing of PPE products. Among which, China is the largest producer. According to the UNICEF, China produces approximately 50% of global surgical masks. Other countries include Taiwan which produces around 20% of global supply of face masks alone followed by India, Mexico, U.S., Japan, Malaysia, Korea, European countries, and others.

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Leading players of the global PPE (Personal Protective Equipment) market are analyzed taking into account their market share, recent developments, new product launches, partnerships, mergers or acquisitions, and markets served. We also provide an exhaustive analysis of their product portfolios to explore the products and applications they concentrate on when operating in the global PPE (Personal Protective Equipment) market. Furthermore, the report offers two separate market forecasts – one for the production side and another for the consumption side of the global PPE (Personal Protective Equipment) market. It also provides useful recommendations for new as well as established players of the global PPE (Personal Protective Equipment) market.

The Personal Protective Equipment (PPE) is projected to lead the industry for utilizing applications during the forecast period covering: Manufacturing, Construction, Oil and Gas, Transportation, Chemicals, Food, Pharmaceuticals, Others

Global Medical Personal Protective Equipment (PPE) Market was valued at USD 4907.2 Million in the year 2019. Escalating number of cases related to communicable diseases with growing prevalence of Influenza, Hepatitis supported by ever growing geriatric population and companies making huge investments in incorporating advanced technology in order to offer high quality, latest technology products to hospitals and healthcare units with growing transmission of coronavirus across the world anticipated to infuse growth in the market for Medical Personal Protective Equipment (PPE) during the forecast period of 2020-2025.

Hospitals, followed by Ambulatory Surgical Centers attained substantial market share under End User segment, chiefly on the back of burgeoning demand for Medical Personal Protective Equipment (PPE) from hospitals and other healthcare institutes which are engaged in treating COVID-19 patients. Companies are also focusing on boosting their production capacity in order to meet the unprecedented demand for Medical Personal Protective Equipment (PPE) coupled with government partnering with manufacturers to provide Medical PPE Equipment to hospitals and healthcare institutes. These factors are expected to facilitate the market growth in the coming years. Among the regions, North America, followed by Europe and Asia Pacific, will experience remarkable market share owing to presence of various leading global manufacturers in the region with companies ramping up their production capacity. Increasing number of coronavirus patients in United States supported by investment in expanding product portfolio by manufacturers to offer various types of Medical PPE to users will be accelerating the market growth during the forecast period.

Smart Personal Protective Equipment (PPE) Market 2020-2024: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Key players in the market have been launching several initiatives and introducing innovative products and services to cater a larger target audience during the pandemic. Major market participants include 3M Co., Ansell Ltd., Baker Hughes Co., Delta Plus Group, DuPont de Nemours Inc., Honeywell International Inc., Intellinium, Kimberly-Clark Corp., MCR Safety, and Radians Inc.

Personal Protective Equipment (PPE) Market in US is segmented as below:

Product

·        Hand And Arm Protection

·        Protective Clothing

·        Foot And Leg Protection

·        Respiratory Protection

·        Others

End-user

·        Manufacturing

·        OGM

·        Construction

·        Others

Since the outbreak of covid-19, who has supplied ppe to the following countries:

Western Pacific region: the Philippines, Vanuatu, Tonga, Solomon Islands, Samoa, Papua New Guinea, Nauru, Mongolia, Lao People's Democratic Republic, Kiribati, Fiji, and Cambodia.

Southeast Asia region: Timor-Leste, Bangladesh, Nepal, Myanmar, Maldives, and Bhutan.

Eastern Mediterranean region: Iran, Morocco, Jordan, Sudan, Pakistan, Somalia, Lebanon, Djibouti, and Afghanistan.

Africa region: Zimbabwe, Seychelles, Madagascar, Senegal, Algeria, Ethiopia, Angola, Togo, Ivory Coast, Kenya, Mauritius, Nigeria, Uganda, Zambia,  Tanzania, Ghana, Mauritania, Equatorial Guinea, Gambia, and Mozambique

The following are the measures taken to optimize the availability of ppe:

·        Minimize the need for PPE

·        Use of telemedicine

·        Use physical barriers to reduce exposure

·        Restriction of healthcare workers in COVID-19 patient’s room who are not involved in direct care.

Appropriate and rational use of PPE

[stratviewresearch]

Offshore ROV Market Expansion Projected to Gain an Uptick During 2027

Stratview Research has launched a new report on the Offshore ROV Market, which is segmented by Product Type, by Application Type, by Material Type, and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

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The Offshore ROV Market is likely to witness an impressive CAGR of 6.7% during the forecast period. The prime factor that is contributing to the demand for Offshore ROV is the increasing demand for Offshore ROV in various industries.

This report on the Offshore ROV Market has been put together covering various companies of the industry from different geographies. The study is a perfect blend of qualitative and quantitative research highlighting vital market developments, challenges and competition that the industry might face, along with opportunities and trends available in the Offshore ROV Market. The report intends to present a thorough analysis of the Offshore ROV Market and provide cutting-edge market intelligence to help decision makers undertake a sound investment evaluation. Besides, the report also classifies and analyses the emerging trends along with major growth drivers.

Offshore ROV Market Outlook

In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges act as extrinsic factors affecting the market. The report aims at answering several key questions concerning the overall profitability in the market.

Few key players operating in the Offshore ROV Market are-

• Oceaneering

• Subsea 7

• Fugro

• TechnipFMC

• Saipem

• Forum

• DOF

• ECA

• Deep Ocean Group

• ISE

• Deep Ocean Engineering

• AC-CESS

Growth drivers and Market Value:

This report, from Stratview Research, studies the Offshore ROV Market value and growth drivers over the trend period of 2022-27. According to the report -

Offshore ROV Market is likely to witness an impressive CAGR of 4.40% during the forecast period. The major drivers underpinning the market are the discoveries of offshore oil and gas in prominent economies and increase in their demand.

Segment Analysis:

Based on by Application Type:

Based on the application type, the market is segmented as drilling & well completion, construction support, inspection, repair & maintenance service, remote subsea intervention tooling design & build, and subsea engineering services. The drilling & well completion segment accounted for the largest market share in 2021, and is expected to command the market during the forecasted period. The growth of the segment is driven by the growing deepwater offshore activities in the regions, such as Angola and ultradeep water in Brazil, respectively.

Based on Regional:

In terms of regions, Rest of the World is estimated to lead the offshore ROV market during the forecast period. The growth in offshore deep and ultradeep water activities is bolstering the market in the Middle Eastern & African regions. The increasing activities of offshore exploration and production in countries, such as Angola, the UAE, Nigeria, etc. are expected to catapult the growth of the market during the forecast period.

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Customization of the Report

Along with this market report, our team provides a customization according to the client’s requirement. In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

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[thetejasamale]

Well Completion Market Industry Growth, Trends, Applications, & Forecast To 2030.

The expansion of the oil sector has prompted increased demand for the completion of wells globally. Market reports associated to the energy and power industry have been presented by Market Research Future which creates reports on other industry verticals that outlines the current market scenarios. The market is expected to expand with a CAGR of 4.5 % in the upcoming forecast period.

The shale production globally is increasing continuously from around the world every year, which is proving to be beneficial for the well completion market. Constant developments in the shale oil sector and amplified drilling activities that need hydraulic fracturing from shale reserves is also expected to provide further impetus to the well completion market. The innovative discoveries in the market along with drilled uncompleted wells  are significantly driving the well completion market and will continue to do so in the coming years.

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Segmental Analysis

The well completion market has been segmented on the basis of type, operations, well type, and region. On the basis of operations, the market is segmented into fracturing, sand control, liner hanger systems, intelligent wells, packers, valves & others. On the basis of type, the well completion market is segmented into equipment and services. On the basis of well type, the market is divided into offshore and onshore. The regions included in the market segmentation are APAC, Europe, North America and the rest of the world.

Detailed Regional Analysis

The regional analysis of the well completion market observes that the North American region is expected to control a major stake of the market. The Asia Pacific and African region are also expected to add to the development of the well completion market. The major growth factors spurring the growth of these region are discoveries in South China Sea and Gulf of Thailand from Asia Pacific and in the Egyptian desert and the Mediterranean Sea from Africa. The Middle East and African region are accredited for the next biggest market share due to huge crude oil deposits and production. However, the deteriorating geopolitical crisis in the regions can limit the market’s growth.  Nations such as Angola, Chad, and Nigeria are observed to be leading the growth of the African region. The European market is controlled by nations such as Denmark, Norway, U.K., Germany and France. The North Sea regions have been leading the investments and are also the fastest developing oil fields in the European region. The Asia Pacific regions are expected to contribute favorably to the overall market growth due to strong demand from China and India and large demand from end users such as chemicals, automotive, and other industries.

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Competitive Analysis

The market has prominently nullified the market trials and thus is encouraging a boost in the number of companies in the market. The market is at the topmost production level and will be able to make better value for the firms in the market and its shareholders. The ability to utilize the economies of scale is proving to be positive for the market’s complete growth. The diversification of the product variety in the market is raising the prospects for the advancement of the market. The organization inclination in the market is reinforcing the level of expansion that can be achieved in the current market scenario.  The development patterns are modified in tandem to the customer penchant to realize the maximum growth, and in the long run, viability.

The strategic contenders in the well completion market are Weatherford International (U.S.), GE Oil and Gas (U.S.), Schlumberger (U.S.), Superior Energy Services (U.S.), CGG (France), C&J Energy Services Ltd. (U.S.). Halliburton (U.S.), Pioneer Energy Services Corp. (U.S.), Basic Energy Services, Inc. (U.S.), Wireline Engineering Ltd. (UK), Wild Well Control Inc. (U.S.), National Oilwell Varco, Inc. (U.S.), and SGS (Switzerland) are among others.

[altustechnotrends]

Inspection Robotics in Oil & Gas Market Insights On Trends, Size, Share and Forecast

Inspection robotics in oil & gas industry are robots and intelligent devices developed and employed for inspecting, monitoring and surveying oil & gas pipelines, platforms, rigs, storage tanks and other oil & gas structures. Oil & gas inspection robots include unmanned underwater vehicles (UUVs), unmanned aerial vehicles (UAVs), unmanned ground vehicles (UGVs), and smart PIGs among others. UUVs include remotely operated underwater vehicles (ROVs) and autonomous underwater vehicles (AUVs). Global cumulative Capex (capital expenditure) of inspection robots in oil & gas industry will advance to $17.83 billion during 2019-2025, representing a robust growth at 15.9% per annum between 2018 and 2025.

Highlighted with 55 tables and 66 figures, this 183-page report “Inspection Robotics in Oil & Gas Industry: Global Market 2018-2025 by Robot Type, Application, System Component and Region” is based on a comprehensive research of the inspection robots market in oil & gas industry by analyzing the entire global market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.

The report provides historical market data for 2014-2017, revenue estimates for 2018, and forecasts from 2019 till 2025. (Please note: Before delivery, the report will be updated so that the latest historical year is the base year and the forecast covers the next 5-10 years over the base year.)

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In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify global oil & gas inspection robotics market in every aspect of the classification from perspectives of Robot Type, Application, System Component and Region.

Based on robot type, the global market is segmented into the following sub-markets with annual revenue included for 2014-2025 (historical and forecast) for each section.

• ROVs • AUVs • UAVs • UGVs • Smart PIGs • Others

Based on application, the global market is segmented into the following sub-markets with annual revenue included for 2014-2025 (historical and forecast) for each section.

• Oil and Gas Pipelines • Oil Storage Tanks • Platforms • Rigs • Other Oil and Gas Structures

Based on system component, the global market is segmented into the following sub-markets with annual revenue included for 2014-2025 (historical and forecast) for each section.

• Hardware System (further split into Imaging System, Sensors and Automation Systems, Steering and Positioning, Navigation System, Energy and Propulsion, others) • Software System • Operation and Service

Geographically, the following regions together with the listed national markets are fully investigated:

• APAC (Japan, China, Indonesia, Australia, India, and Rest of APAC) • Europe (Germany, UK, Norway, Russia, Rest of Europe) • North America (U.S. and Canada) • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) • Africa (Nigeria, Angola) • Middle East (Saudi Arabia, United Arab Emirates)

For each of the aforementioned regions and countries, detailed analysis and data for annual capex are available for 2014-2025. The breakdown of all regional markets by country and split of key national markets by Robot Type and Application over the forecast years are also included.

The report also covers current competitive scenario and the predicted manufacture trend; and profiles key robotics vendors including market leaders and important emerging players.

Specifically, potential risks associated with investing in global oil & gas inspection robot market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Key Players:

ABB Ltd. AeroVironment, Inc. Alstom Inspection Robots Cyberhawk Innovations Ltd. ECA Group Flyability SA FMC Technologies Inc. Honeybee Robotics Hydrovision Ltd. IKM Subsea AS ING Robotic Aviation International Submarine Engineering (ISE) Ltd. Inuktun Services Ltd. MISTRAS Group Inc. OC Robotics Seegrid Sky-Futures VDOS

(Please note: Before delivery, the report will be updated so that the latest historical year is the base year and the forecast covers the next 5-10 years over the base year.)""

"

[jayu123-me]

Oil & Gas Downhole Cables Market worth US$ 2.1 Bn by 2027

Oil & Gas Downhole Cables Market: Introduction

The global oil & gas downhole cables market was valued at ~US$ 1.2 Bn in 2018 and is anticipated to expand at a CAGR of ~7% during the forecast period. In terms of volume, the tubing encapsulated cables (TECs) segment constituted prominent share of the global oil & gas downhole cables market in 2018. However, the segment is estimated to expand at a sluggish pace during the forecast period, primarily due to the increase in demand for fiber optic and hybrid cables in the market. In terms of installation, the onshore segment accounted for dominant share of the global oil & gas downhole cables market in 2018. This can be primarily ascribed to large number of exploration & production activities being carried out on land. Thus, increase in activities boosts the demand for oil & gas downhole cables in the onshore segment.

Based on application, the well monitoring segment held significant share of the global oil & gas downhole cables market in 2018, due to the rise in demand for crude oil and natural gas; growth in prices of oil; and increase in investment to enhance production output from existing and new discoveries. The oil & gas downhole cables market in North America is estimated to expand at a substantial pace during the forecast period, owing to the increase in oil & gas production and exploration activities in the region.

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Key Drivers of Oil & Gas Downhole Cables Market

Increase in discovery of oil and gas fields/wells/blocks is boosting the global oil & gas downhole cables market. Spending on oil and gas exploration rose by 20% in 2018. About 140 discoveries were made in the year. The total discovered resources stood at around 9 billion barrels of oil equivalent in 2018. It was 10 billion barrels of oil equivalent in 2017. Offshore discoveries were prominent with 60% share, while gas resources accounted for about 40% share. This is anticipated to propel the offshore oil & gas downhole cables market.

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In 2018, ExxonMobil Corporation made the largest oil discovery on the coast of Guyana, with the estimated volume of 2 billion barrels of oil equivalent. Over the last four years, this area has had 10 discoveries and oil reserves of about 5 billion barrels of oil equivalent. These discoveries are expected to boost the development of wells and oil and gas production in the near future. Thus, increase in discovery of oil and gas fields/wells/blocks is anticipated to drive the global oil & gas downhole cables market during the forecast period.

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Demand for oil and gas products is expected to rise in developing countries such as China and India in the near future, owing to rapid industrial development and increase in income of households in these countries. Demand for oil and gas products rose by 5.33% and 5.83% in China and India, respectively, in 2018. The number of deep-water oil and gas projects is estimated to rise significantly in the near future, with new upcoming deep-water exploration and production (E&P) projects in Brazil, Guyana, Nigeria, the U.S., Norway, and Angola. Thus, rise in deep-water and ultra-deep-water E&P activities is projected to augment the global oil & gas downhole cables market during the forecast period.

North America Offers Lucrative Opportunities for Oil & Gas Downhole Cables Market

North America is anticipated to be a highly attractive region of the global oil & gas downhole cables market during the forecast period, owing to the rise in offshore oil & gas exploration in the region. According to British Petroleum (BP) statistical review, North America was the second largest producer of oil and the largest producer of gas in the world in 2018. North America achieved this feat through increase in production of shale oil and gas in the U.S. Thus, the U.S. became a net exporter of crude oil for the first time in a decade. Thus, the country dominated the oil & gas downhole cables market in 2018.

Major Developments in Oil & Gas Downhole Cables Market

In December 2019, ZTT launched metallic loose tube fiber optic cable for terrestrial communication, micro-module tube blowing fiber optic cable, and RFID-based fiber optic cable identification technology. The metallic loose tube fiber optic cable is a new type of directly buried fiber optic cable. It utilizes innovative laser-welded stainless steel tube. Metallic loose tube fiber optic cable is suitable for usage in harsh geological conditions such as plateaus, frozen soils, and geologically unstable areas. RFID-based fiber optic cable identification technology was introduced in order to effectively manage the fiber optic cable and facilitate the maintenance and management of the fiber optic cable line.

In March 2017, Marmon Aerospace & Defense LLC, a Marmon/Berkshire Hathaway company, acquired KITCO Fiber Optics of Virginia Beach, VA, a highly-respected leader in specialty, military, and aerospace fiber optic industries. The acquisition strategy is expected to strengthen the company’s presence in the U.S.

Oil & Gas Downhole Cables Market: Competition Landscape

The global oil & gas downhole cables market is highly consolidated. International players dominate the global oil & gas downhole cables market. Prominent players operating in the global oil & gas downhole cables market include Prysmian Group, ElandCables, Nexans Group, NKT A/S, ABB Ltd., Marmon Group, GalaxyWire.com, W. L. Gore & Associates, Inc., Belden Inc., LS Cable & System Ltd., AFL, ZTT, Tratos, and TEXCAN Division of Sonepar Canada Inc

[shytriumphbanana]

Oil & Gas Security Market to Witness the Highest Growth Globally in the Next 2022-2030

Global Oil & Gas Security Market to 2030 is a fundamental study by Market.biz. The research report helps capture the attention of leaders like you by providing insights into Oil & Gas Security market share and growth. This report has analyzed data representing capital gains and losses both globally and locally. Competent standardized tools used during report writing include a SWOT analysis. The report provides a comprehensive judgment of the market. The report comprises the market revenue, production earnings, distribution players, development factors, and applications.

The report also creates a clear picture of the various factors that will drive the global Oil & Gas Security market in the coming years. To help companies spot potential threats and give them a clear picture of the opportunities that exist in the Oil & Gas Security industry, the report offers a SWOT analysis of the global market. For the purposes of the study, market analysts have used rigorous primary and secondary research techniques. This makes analysis and forecasts more accurate and helps analysts examine the market from a broader perspective. In addition, the market size of Oil & Gas Security has been discussed in-depth, in terms of revenue and sales volume, in addition to the list of top players.

Market estimates:

• Projected Value (2021): $ 23,060. Mn

• Forecast Value (2030): $ 33,483.7 Mn

• CAGR Rate (%): 3.8%

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Which Suggestions Are Covered In The Oil & Gas Security Market Research Study?

The Oil & Gas Security Market Report | Clarified regarding the regional landscape of the industry:

1. According to the report, the geographic scope of the Oil & Gas Security market has been meticulously segmented into North America, South & Central America, Europe, Asia-Pacific, Middle East, and Africa.

2. The research lists the consumption market share of each region in minute detail, along with the production market share and revenue.

3. In addition, the report includes the expected growth rate for each region over the estimated period.

4. Leading Manufacturers, Exporters and Retailers (if any) from around the world are analyzed for this research report with respect to their company profile, product portfolio, capacity, price, cost and revenue. For the competitor segment, the report covers the following key players of the global Oil & Gas Security market and some other small players:

ABB, Intel Security, Symantec, Cisco Systems, Honeywell, Lockheed Martin, Microsoft, Siemens, ??UTC, Parsons, General Electric, Lockheed Martin

5. For the type segment, this report focuses on the status and outlook of the product type. The types of Oil & Gas Security key are:

Printer Material Software Service

6. For the Applications/End Use segment, this report focuses on the status and outlook for key applications. The main applications of Oil & Gas Security are:

Exploring and Drilling Transportation Pipelines Distribution and Retail services Others (Engineering, Refining, and Storage)

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7. For the geographic segment, regional supply, application, and major players in the Oil & Gas Security market, demand, price are presented from 2021 to 2030, covering:

North America (Panama, Mexico, Barbados, United States, Canada, Puerto Rico, Trinidad and Tobago, etc.).

South and Central America (Brazil, Chile, Argentina, Belize, Costa Rica, Panama, Guatemala, El Salvador).

Europe (Spain, Belgium, France, Holland, Germany, Sweden, Switzerland, San Marino, Ireland, Norway, Luxembourg, etc).

Asia-Pacific (Qatar, China, India, Hong Kong, Korea, Israel, Australia, Singapore, Japan, Kuwait, Brunei, etc.).

Middle East and Africa (United Arab Emirates, Egypt, Algeria, Nigeria, South Africa, Angola, Saudi Arabia, Bahrain, Oman, Turkey, Lebanon, etc.).

Why should I buy Oil & Gas Security Market Report?

Develop a business strategy by identifying high-growth, attractive Oil & Gas Security market categories.

Develop a competitive strategy based on a competitive landscape.

Design capital investment strategies based on forecasted high-potential Oil & Gas Security segments.

Identify potential Oil & Gas Security business partners, acquisition targets, and business buyers.

Plan the launch and inventory of a new product in advance.

Prepare strategic and management presentations using market data from Oil & Gas Security.

Recent events and developments.

In more detail, the chapters of this report contain the following topics:

Chapter 1: Consists of the research objective and assumption Oil & Gas Security.

Chapter 2: Introduces the Oil & Gas Security Market; analyzes the different market segmentations; summarize the report.

Chapter 3: Includes Oil & Gas Security market drivers, restraints, opportunities, and trends that contribute to market growth. The dynamic section of the report also includes Direct Impact Analysis, Orbit of Opportunity, PEST Analysis, and Porter's Five Analysis.

Chapter 4: Examines the global Oil & Gas Security market, providing sales figures and market shares. The chapter also discusses market forecasts, factors enabling growth, and the future of the market, which covers the period 2020-2030. In addition, it provides detailed in-depth analysis and forecasts of the submarkets.

Chapter 5:  Provides an in-depth and comprehensive analysis of the regional and country Oil & Gas Security markets. The chapter goes on to provide market forecasts, details on growing regions, factors enabling growth, drivers and restraints at the country level, developments during 2021 and their influence during the forecast period, and future market predictions, covering the period 2021 -2030.

Chapter 6: Identifies and analyzes the major market players and innovative and growing companies that will impact the future of the Oil & Gas Security industry.

Chapter 7: Explains the company's research methodology for creating rich insights for customers from millions of data points.

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African Energy Expansion: Well Completion Equipment and Services

Well completion is a process of making a drilled well ready for production of oil & gas. Well completion equipment is used to reduce installation time, costs, and risks. Well completion services involve casing, perforating, cementing, gravel packing, and installation of a production tree. The level of production and problems in equipment & well are determined using well completion services. It helps to decrease formation damage, reduce operational cost, and increase production.Development of new fields and rise in investments in exploration & production activities are factors driving the growth of the Africa well completion equipment and services market. However, strict government regulations and environmental constraints are factors obstructing the growth of the market. Focus on deep-water drilling and increasing investments present opportunities for growth in the market.The Africa well completion equipment and services market is segmented based on types and countries. The types covered in the report include packers, sand control tools, linear hangers, multi-stage frac tools, smart wells, safety valves, and others. Geographically, the market is divided into counties, such as Angola, Nigeria, Egypt, and Libya.The prominent manufacturers operating in the market are Weatherford International PLC, Superior Energy Services Inc., Baker Hughes Inc., Schlumberger, and Halliburton. They have adopted various strategies, such as new product launches, expansions and partnerships, agreements, joint ventures, and others to strengthen their position in the market.KEY BENEFITS FOR STAKEHOLDERS:The report offers an extensive analysis of key driving and restraining factors of the Africa well completion equipment and services market.This report offers an in-depth quantitative analysis of the current market and estimations through 2015 and 2020, which assists in identifying the prevailing market opportunities.The report provides an extensive analysis of current and future market status of the Africa well completion equipment and services market.An in-depth analysis of key strategies adopted by leading manufacturers helps in understanding competitive scenario.A comprehensive analysis of current research and clinical developments within the Africa well completion equipment and services market is provided with key market dynamic factors that helps in understanding the behaviour of the market.Competitive intelligence (of leading manufacturers and distributors of plasma fractionation) helps in understanding the competitive scenario across geographies.Geographically, the Africa well completion equipment and services market is segmented into Angola, Nigeria, Egypt, and Libya.KEY MARKET SEGMENTS:By TypePackersSand Control ToolsLinear HangersMulti-Stage Frac ToolsSmart WellsSafety ValvesOthersBy CountryAngolaNigeriaEgyptLibyaKEY MARKET PLAYERS:Weatherford International PLCSuperior Energy Services Inc.SchlumbergerBaker Hughes Inc.Halliburton

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Antifouling Coating Market Growth Analysis And Opportunities Forecast Report till 2022

September 17, 2021: Global Antifouling Coating Market size was 84.4 tons in 2014 and is expected to surpass 130.0 kilo tons during the forecast period. Antifouling Coating Market is anticipated to witness considerable growth on account of its rising demand of underwater surfaces in shipping vessels and hulls as it provides superior polishing effect and smoothness. To improve the performance and durability of the vessel and to avoid unwanted growth of sub-aquatic organisms, antifouling coatings are used as specialized paints and applied to the hull of a ship. Growing consumption in passenger ships, commercial vessels, cargo, yachts, conventional offshore drilling rigs and Floating Production Storage & Offloading (FPSO) is anticipated to boost industry growth from 2015 to 2022.

Preference condition-based monitoring over breakdown maintenance coupled with increasing popularity in shipping segment is projected to play a vital role in the products’ growing prominence and demand. Additionally, superior properties that act as a shielding agent against corrosion, external contamination and fouling is expected to fuel market growth.

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Application Insights

In 2014, Antifouling coatings were primarily used in shipping vessels, contributing to more than 80% of overall volume. These paints extend the dry-docking interval and provide direct fuel saving by protecting hulls from fouling organisms and corrosion. Production platforms & drilling rigs are projected witness market growth, at an estimated CAGR of 8.0% by revenue, over the forecast period. Companies functioning in oil & gas sector are continuously investing in the market for The FPSO vessels and thereby this is expected to serve market growth.

Regional Outlook

In 2014, Asia-Pacific was the dominant player accounting for nearly 85% of the overall volume in 2014. South Korea, Japan, China, Philippines and Taiwan are major hubs for shipbuilding activities. This is anticipated to lead to the dominance of Asia-Pacific in the shipbuilding segment, thus raising demand for antifouling paints. Furthermore, growing expenditure related to the production & exploration of crude oil & natural gas in India, Thailand and China, India are projected to further propel demand for these paints in production platforms and drilling rigs.

China, Taiwan, Philippines and South Korea, Taiwan are anticipated to witness substantial gains on account of presence of a large number of shipbuilding producers. In addition, the emergence of India and Australia as production units of shipping vessels on account of regulatory provisions for encouraging new investments and funding at the domestic level is estimated to expand the market size. The presence of stringent rules and policies to monitor the use of biocides in agriculture and water treatment, personal care and marine applications by the European Commission and EPA is expected to impede antifouling coatings demand from 2015 to 2022.

In September 2013, the Government of India introduced Draft National Chemical Policy, to uplift the country’s domestic throughput in the chemical industry to 6% by 2020 from 3% in 2014. Favourable government programs along with growing shipping sector in India is anticipated to present new opportunities in the next seven years. Europe’s Antifouling Coating Market, on the other hand, crossed 6.0 kilo tons in 2014. The market is expected to witness appositive impact owing to high penetration of yachts manufacturers in UK and Italy.

In 2014, MEA antifouling coatings market was estimated at USD 22.3 million. With the capital expenditure on a rise majorly attributing to development of offshore vessels in Nigeria, Angola and the market is expected to escalate the usage of this product over the coming years.

Browse Full Research Report @ https://www.millioninsights.com/industry-reports/antifouling-coating-market-size

Competitive Insights

Key market players include PPG Industries, AkzoNobel, Sherwin-Williams, Jotun, Hempel, Kansai Paint, Nippon Paint and Advance Marine Coating. In August 2015, Jotun inaugurated a new production facility with an investment of USD 24.4 million for marine coatings at Brazil in Rio de Janeiro. The production unit is estimated to produce 10 million litres of marine coating products, together with antifouling products.

GLOBIC, and DYNAMICare the two products that were launched under the brand name in December 2014 for new shipyard buildings and dry dockings for delivering fuel savings of maximum 3%. New product development is anticipated to remain a vital success factor for the market in the foreseeable future.

Research and Developments in the coatings market including the natural materials from palm oil for instance, may influence market demand and increase market potential over the forecast period. Biomimetic-Innovation-Centre (B-I-C), in July 2011, developed a new harmless antifouling coating using palm seed.

Market Segment:

Application Outlook (Volume Tons, Revenue, USD Million, 2012 - 2022)

• Shipping Vessels

• Drilling Rigs & Production Platforms

Regional Outlook (Volume Tons, Revenue, USD Million, 2012 - 2022)

• North America

• U.S.

• Europe

• Germany

• Asia Pacific

• China

• Latin America

• Brazil

• Middle East Africa (MEA)

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Global Syntactic Foam Market, June 2021 Report On Size, Share, Future Trend, Revenue, Value and Volume, Growth Analysis And New Opportunity to Hit Latest Growth Level 2021-2030

In a recently published report, Global Syntactic Foam Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Syntactic Foam Market products.

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It is also anticipated to grow on account of the growing demand for chemicals from the end users, backed by the increasing consumption of chemicals across different industries and the rising need for advanced chemicals. In India, the production of major chemicals and petrochemicals during the period 2020-2021 was close to 12000 thousand MT. Additionally, between the period 2015-16 and 2019-20, the production of the chemicals and petrochemicals in the nation grew at a CAGR of close to 6%.

Global Syntactic Foam market is valued at approximately USD 125.5 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.2 % over the forecast period 2020-2027. Syntactic Foams are composite materials that are synthesized along with hollow spheres by filling matrix materials. Matrix materials include metal matrix, polymer matrix and ceramic matrix, while cenospheres, micro balloons, and many others are found in hollow spheres. The add-on of these hollow particles results in improved foam properties, including higher specific strength, lower density, lower thermal expansion coefficient, and, in some cases, radar or ultrasonic transparency. The properties of these foams depend largely on the nature of the materials of the matrix. During the forecast period, factors such as growing deep-water oil and gas production, especially in the Gulf of Mexico and the North Sea, improved profitability of deep water and ultra-deep-water projects and tightening the supply-demand gap are expected to drive the market. according to the EIA ,Because of the forthcoming deep-water exploration and production projects in countries such as Brazil, Guyana, Nigeria, and others, deep-water oil and gas projects are expected to increase in the coming years. Global deep-water investment has risen from 2014 to 2018 and regions such as Brazil, the U.S. Gulf of Mexico (GoM), Norway, Angola, and Nigeria account for a substantial amount of this capital expenditure, respectively, with the highest regional growth projected for West Africa. Together, Brazil and the United States accounted for more than 90% of ultra-deep-water production worldwide in 2018. Brazil is a world leader in the development of deep-water and ultra-deep-water projects. By 2025, the Santos basin in Brazil and the Stabroek block in Guyana will add more than 2.5 million barrels per day of oil production. The change in government policies in recent years, such as liberal policies is expected to increase the market growth. However, Crude oil price fluctuations have a direct effect on the number of oil and gas projects, resulting in project shelving or delays, it may impede market growth over the forecast period of 2020-2027. The regional analysis of the global Syntactic Foam market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to factors such as the increasingly growing use of syntactic foam in the marine and subsea and sports and leisure industries have resulted in increased demand in the North American area for syntactic foam. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027, due to rising industries regarding synthetic foam across APAC. Major market player included in this report are: Trelleborg AB Engineered Syntactic Systems Diab International AB SynFoam Floatex ALSEAMAR Deepwater Buoyanc CMT Materials Advanced Insulation Fiba Tech Industries The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: By Product Type: Macro-Sphere Micro-Sphere By Matrix Type: Metal Matrix Polymer Matrix Ceramic Matrix By Chemistry: Epoxy Others By Region: North America U.S. Canada Europe UK Germany France Spain Italy ROE Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico Rest of the World Furthermore, years considered for the study are as follows: Historical year – 2017, 2018 Base year – 2019 Forecast period – 2020 to 2027. Target Audience of the Global Syntactic Foam market in Market Study: Key Consulting Companies & Advisors Large, medium-sized, and small enterprises Venture capitalists Value-Added Resellers (VARs) Third-party knowledge providers Investment bankers Investors

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The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook

Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys  & Opportunity Outlook

Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook

Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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Oil And Gas Field Equipment Market Potential Growth, Share, Demand And Analysis Of Key Players- Analysis Forecasts To 2026

The demand within the global OIL AND GAS FIELD EQUIPMENT market is slated to rise alongside advancements in the service industry. The products and services pertaining to the global OIL AND GAS FIELD EQUIPMENT market have shifted from the slab of being a luxury to a necessity for the masses. This is the most prominent driver of demand within the global OIL AND GAS FIELD EQUIPMENT market. Furthermore, the unprecedented value of catering to the requirements and needs of a multitude of sectors has also brought the OIL AND GAS FIELD EQUIPMENT products under the spotlight of focus. Therefore, the global OIL AND GAS FIELD EQUIPMENT market is poised to tread along a lucrative pathway. Several analysis techniques have been deployed by ResearchMoz (RMoz) to analyse and assess the growth dynamics of the global OIL AND GAS FIELD EQUIPMENT market.

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The key players covered in this study: Baker Hughes,Halliburton,National Oilwell Varco,Saipem,Schlumberger

Market segment by Type, the product can be split into

Exploration

Oil & Gas Drilling

Well Completion and Production

Equipment and Infrastructure

Drilling Related Services

Market segment by Application, split into

  Petroleum Exploration And Development

  Natural Gas Exploration And Development

Oil and Gas Field Equipment and Services is used for oil and gas exploration and development of equipment and services. Deepwater and exploration activities in East and West Africa and geo-market activities in Nigeria, Angola, and the Gulf of Guinea are expected to drive the demand during the forecast period. In 2018, the global Oil and Gas Field Equipment and Services market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

A report added by ResearchMoz (RMoz) to its repository gives a controlled view of the trends and opportunities that have aided the growth of the global OIL AND GAS FIELD EQUIPMENT market. The relevance of building new-age technologies, especially the ones that are integrated with artificial intelligence, has given a thrust to market growth. The report uncovers the forces of demand and supply operating in the global OIL AND GAS FIELD EQUIPMENT market. Moreover, industry-wise requirements for OIL AND GAS FIELD EQUIPMENT products have also been enunciated in the report. An analysis of the global OIL AND GAS FIELD EQUIPMENT market provides several evidences to suggest that the total volume of sales across the market would grow by leaps and bounds.

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The presence of a sophisticated e-commerce sector has also driven demand within the global OIL AND GAS FIELD EQUIPMENT market. There has been an increase in the use of online promotion channels to captivate the attention of the masses. In addition to this, the importance of using key marketing tactics to decode the propensities of the consumers has also become known to the market players. The report also provides a comprehensive account of the strategies deployed by the leading market vendors.

Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert @ https://www.researchmoz.us/enquiry.php?type=E&repid=2046863

About ResearchMoz

ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfil all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organisations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.

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Well Completion Market Research Report – Forecast to 2023

Market Overview

Oil-related projects around the world have risen considerably, thus prompting the expansion of the well completion market 2020. The energy & power industry reports are produced by Market Research Future, which highlights market options for expansion.  The market is estimated to witness stable growth in the course of the forecast period.

The accelerated rate of development in the upstream oil industry is estimated to have a substantial impact on the well completion market. Furthermore, the constant augmentation in drilling activities is projected to further diversify the scope of investment for the well completion market in the impending period.

Segmental Analysis

The segmental insight into the well completion market is conducted on the basis of type, well type, operations, and region. Based on the operations, the well completion market is segmented into sand control, fracturing, liner hanger systems, packers, intelligent wells, valves & others. Based on the types, the well completion market is divided into equipment and services. Based on the well types, the well completion market is segmented into offshore and onshore. Based on the regions, the well completion market is segmented into the Middle East, North America, Europe, APAC, and Africa.

Detailed Regional Analysis

The regional investigation of the well completion market is carried out on the basis of regions such as the Middle East, North America, Europe, APAC, and Africa. The well completion market is projected to get bigger at a swift pace for the duration of the forecast, owing to the increase in the number of new oil fields and mounting shale revolution around the globe. The North American region led the well completion market share.

The shale production is more significant than ever from the region every year. The region of the Middle East and Africa is credited for the succeeding principal market due to huge crude oil deposits and creation. On the other hand, the deterioration in the geopolitical crisis in the regions has concerned the market’s development. The nations of Nigeria, Chad, and Angola account for the highest increasing markets in the African region.

Competitive Analysis

The recalibration of the supply chain is estimated to be another area for market expansion in the upcoming period. Current disequilibrium in the market forces has led to the market players adopting a more cautious approach to growth and development strategies. The support provided by regulations is estimated to stave off the effects of the downturn considerably in the coming period. The currency inflow is estimated to be restricted in the upcoming period, which may create further problems for the overall market growth. The expansion of the market has currently come close to a standstill with government agencies and trade bodies, introducing a stimulus to pick up the pace of development in the global market. The planning and forecasting for human capital in the market is estimated to be a crucial area for focus in the years ahead. Advances in production style and technologies are estimated to gain precedence in the coming years as areas of innovation.

The strategic companies functioning in the well completion market share are Weatherford International (U.S.), Halliburton (U.S.), Wild Well Control Inc. (U.S.), National Oilwell Varco, Inc. (U.S.),  Wireline Engineering Ltd. (UK), CGG (France), Superior Energy Services (U.S.), Pioneer Energy Services Corp. (U.S.), Schlumberger (U.S.), C&J Energy Services Ltd. (U.S.). GE Oil and Gas (U.S.), Basic Energy Services, Inc. (U.S.), and SGS (Switzerland) are among others.

Industry Updates:

May 2020 PSW Group’s capping stack division has finished its first global operation, for a deepwater well offshore Egypt. The Edison’s E&P Ameeq-1X was the company’s first well on its North Thekah concession, 130 km (81 mi) offshore from the Nile Delta.

Access Report Details @ https://www.marketresearchfuture.com/reports/well-completion-market-992

About Market Research Future:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

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Antifouling Coating Market - Industry Size, Growth, Analysis, Applications, Opportunities and Forecasts to 2022

12th March 2021 – Global Antifouling Coating Market size was 84.4 tons in 2014 and is expected to surpass 130.0 kilo tons during the forecast period. Antifouling Coating Market is anticipated to witness considerable growth on account of its rising demand of underwater surfaces in shipping vessels and hulls as it provides superior polishing effect and smoothness. To improve the performance and durability of the vessel and to avoid unwanted growth of sub-aquatic organisms, antifouling coatings are used as specialized paints and applied to the hull of a ship. Growing consumption in passenger ships, commercial vessels, cargo, yachts, conventional offshore drilling rigs and Floating Production Storage & Offloading (FPSO) is anticipated to boost industry growth from 2015 to 2022.

Preference condition-based monitoring over breakdown maintenance coupled with increasing popularity in shipping segment is projected to play a vital role in the products’ growing prominence and demand. Additionally, superior properties that act as a shielding agent against corrosion, external contamination and fouling is expected to fuel market growth. In 2014, Antifouling coatings were primarily used in shipping vessels, contributing to more than 80% of overall volume. These paints extend the dry-docking interval and provide direct fuel saving by protecting hulls from fouling organisms and corrosion. Production platforms & drilling rigs are projected witness market growth, at an estimated CAGR of 8.0% by revenue, over the forecast period. Companies functioning in oil & gas sector are continuously investing in the market for The FPSO vessels and thereby this is expected to serve market growth.

Access Antifouling Coating Market Report with TOC @ https://www.millioninsights.com/industry-reports/antifouling-coating-market-size

In 2014, Asia-Pacific was the dominant player accounting for nearly 85% of the overall volume in 2014. South Korea, Japan, China, Philippines and Taiwan are major hubs for shipbuilding activities. This is anticipated to lead to the dominance of Asia-Pacific in the shipbuilding segment, thus raising demand for antifouling paints. Furthermore, growing expenditure related to the production & exploration of crude oil & natural gas in India, Thailand and China, India are projected to further propel demand for these paints in production platforms and drilling rigs. China, Taiwan, Philippines and South Korea, Taiwan are anticipated to witness substantial gains on account of presence of a large number of shipbuilding producers. In addition, the emergence of India and Australia as production units of shipping vessels on account of regulatory provisions for encouraging new investments and funding at the domestic level is estimated to expand the market size. The presence of stringent rules and policies to monitor the use of biocides in agriculture and water treatment, personal care and marine applications by the European Commission and EPA is expected to impede antifouling coatings demand from 2015 to 2022.

In September 2013, the Government of India introduced Draft National Chemical Policy, to uplift the country’s domestic throughput in the chemical industry to 6% by 2020 from 3% in 2014. Favorable government programs along with growing shipping sector in India are anticipated to present new opportunities in the next seven years. Europe’s Antifouling Coating Market, on the other hand, crossed 6.0 kilo tons in 2014. The market is expected to witness appositive impact owing to high penetration of yachts manufacturers in UK and Italy. In 2014, MEA antifouling coatings market was estimated at USD 22.3 million. With the capital expenditure on a rise majorly attributing to development of offshore vessels in Nigeria, Angola and the market is expected to escalate the usage of this product over the coming years.

Key market players include PPG Industries, AkzoNobel, Sherwin-Williams, Jotun, Hempel, Kansai Paint, Nippon Paint and Advance Marine Coating. In August 2015, Jotun inaugurated a new production facility with an investment of USD 24.4 million for marine coatings at Brazil in Rio de Janeiro. The production unit is estimated to produce 10 million litres of marine coating products, together with antifouling products. GLOBIC, and DYNAMICare the two products that were launched under the brand name in December 2014 for new shipyard buildings and dry dockings for delivering fuel savings of maximum 3%. New product development is anticipated to remain a vital success factor for the market in the foreseeable future. Research and Developments in the coatings market including the natural materials from palm oil for instance, may influence market demand and increase market potential over the forecast period. Biomimetic-Innovation-Centre (B-I-C), in July 2011, developed a new harmless antifouling coating using palm seed.

Request a Sample Copy of Antifouling Coating Market Report @ https://www.millioninsights.com/industry-reports/antifouling-coating-market-size/request-sample

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Powering the Blue Economy: Subsea Systems for Offshore Renewable Energy

Subsea systems market consists of ideal solutions for great oil recovery in maturing offshore wells by offering cost effective, and maintain the stability of offshore basins. Subsea processing systems comprise subsea boosting, separation, injection, and subsea compression equipment which can be used for hydrocarbon processing at the seabed. Subsea processing augment the volume production of oil and gas from offshore wells through effective field management.

Growing activities related to deep water drilling along with augmented investments in oil & gas industries in emerging economies are the key factors that drive the growth of the market. Slackening oil prices across the globe is a key restraining factor that hinders the market growth. Liberalization in oil & gas industry across Mexico offers ample growth opportunities to the subsea systems market. Furthermore, increasing E&P capital expenditures in the countries such as China, Nigeria, India, Angola, Ghana, and Equatorial Guinea provides promising market growth opportunities for oil operators to grow in the near future. Stringent regulations concerning environmental & safety are key market challenges for the growth of the subsea systems market.

The report segments the market on the basis of components, types, and regions. On the basis of components, the market is segmented into Surf, Subsea Trees, Subsea Control Systems, and Subsea Manifolds. On the basis of types, the market is segmented into Subsea Boosting System, Subsea Separation System, Subsea Injection System, and Subsea Compression System. On the basis of region, the market is segmented into North America, South America, Europe, and Middle East, Africa, and Asia-Pacific.

KEY BENEFITS FOR STAKEHOLDERS:

The report provides a comprehensive analysis of current & future market trends, key market challenges and emerging avenues for the growth of the market globally.

The report offers an extensive analysis of government regulations related to commercial drones in different countries and its impact on their adoption rate in these countries.

The report offers an insight into competitive landscape in terms of new technological developments, untapped segments, and value chain analysis.

This report entails the detailed quantitative analysis of the current market and estimations which assists in identifying the prevailing market opportunities.

The report analyses the top impacting factors in detail and offers adoption rate analysis of the market on the basis of different segment across different countries.

Porters Five Forces analysis is offered in the report along with highlighting bargaining power of buyers and suppliers.

The report offers strategic analysis of financial status of key market players, and highlights market share of key vendors.

The report offers information on the status of new projects along with offering investment feasibility analysis.

Key market players : Aker Solutions, FMC Technologies, National Oilwell Varco, Oceaneering International, Inc., Technip, Ge Oil & Gas, Siemens Ag, Dril-Quip Inc. Kongsberg, Nexans SA, Parker Hannifin Corporation Vallourec and Onesubsea, and others.

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Antifouling Coating Market Growth Analysis, Application Outlook & Prominent Players, 2022

The global Antifouling Coating Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.

Market Overview:

Global Antifouling Coating Market size was 84.4 tons in 2014 and is expected to surpass 130.0 kilo tons during the forecast period. Antifouling Coating Market is anticipated to witness considerable growth on account of its rising demand of underwater surfaces in shipping vessels and hulls as it provides superior polishing effect and smoothness.

Key Players:

AkzoNobel N.V

Jotun

PPG Industries

Sherwin Williams

Hempel

Nippon Paint Marine Coatings

BASF

Boero YachtCoatings

Chugoku Marine Paints

Kansai Paint Group

Aquarius Marine Coatings Ltd

Request free sample to get a complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/antifouling-coating-market-size/request-sample

Growth Drivers:

Growing consumption in passenger ships, commercial vessels, cargo, yachts, conventional offshore drilling rigs and Floating Production Storage & Offloading (FPSO) is anticipated to boost industry growth from 2015 to 2022.

Preference condition-based monitoring over breakdown maintenance coupled with increasing popularity in shipping segment is projected to play a vital role in the products’ growing prominence and demand. Additionally, superior properties that act as a shielding agent against corrosion, external contamination and fouling is expected to fuel market growth.

Application Outlook:

Shipping Vessels

Drilling Rigs & Production Platforms

In 2014, Antifouling coatings were primarily used in shipping vessels, contributing to more than 80% of overall volume. These paints extend the dry-docking interval and provide direct fuel saving by protecting hulls from fouling organisms and corrosion. Production platforms & drilling rigs are projected witness market growth, at an estimated CAGR of 8.0% by revenue, over the forecast period. Companies functioning in oil & gas sector are continuously investing in the market for The FPSO vessels and thereby this is expected to serve market growth.

Regional Insights:

In 2014, Asia-Pacific was the dominant player accounting for nearly 85% of the overall volume in 2014. South Korea, Japan, China, Philippines and Taiwan are major hubs for shipbuilding activities. This is anticipated to lead to the dominance of Asia-Pacific in the shipbuilding segment, thus raising demand for antifouling paints. Furthermore, growing expenditure related to the production & exploration of crude oil & natural gas in India, Thailand and China, India are projected to further propel demand for these paints in production platforms and drilling rigs.

The presence of stringent rules and policies to monitor the use of biocides in agriculture and water treatment, personal care and marine applications by the European Commission and EPA is expected to impede antifouling coatings demand from 2015 to 2022.

In September 2013, the Government of India introduced Draft National Chemical Policy, to uplift the country’s domestic throughput in the chemical industry to 6% by 2020 from 3% in 2014.

In 2014, MEA antifouling coatings market was estimated at USD 22.3 million. With the capital expenditure on a rise majorly attributing to development of offshore vessels in Nigeria, Angola and the market is expected to escalate the usage of this product over the coming years.

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