Global Sand Screen Market Analysis By Size, Share, Growth, Trends, With Regional Forecast To 2023 Research Report
Market Research Future has Published a Half-Cooked Research Report on the Global Sand Screen Market Outlook.
Market Overview
Market Research Future (MRFR) has published a research report on the global sand screen market asserting that the market is anticipated to exhibit steady growth over the forecast period of 2016-2027. Various factors are substantiating the growth of the market.
The growth of the sand screen market stems from the oil & gas industry, where sand screen finds application mainly. Sand screen is used in the sand control system in the oil & gas extraction process. Production of oil and gas always involves the production of solid particles. It can vary from few to several thousand grams in a cubic meter of produced fluid. If not treated properly, this can result in severe accidents. Sand produced during exploration activities can present severe obstacles to production process such as reduced production rates, sand bridging, erosion of equipment, sand bridging, and sand disposal & removal. Most oil and gas reservoirs are found in sandstones, and thousands of feet downhole, formation sand can choke oil or gas production. Thus, a sand management approach becomes necessary. This induces demand within the sand screen market. Expansion of the oil & gas industry along with a rise in exploration activities is auguring the growth of the sand screen market.
Oil prices have commanded low prices over the past few years due to which operators are reluctant to construct new wells in frontier areas and are mostly opting to maximize output from existing producing fields. This has impacted the sand screen market to a great extent. Extraction of oil from existing fields generate more requirement for sand screen which boosts the growth of the market.
Developments in sand control technology such as improvement in erosion resistance and use of ceramic materials which facilitates excellent performance in terms of production stability have largely contributed to the growth of the sand screen market. Other driving factors include new crude oil and natural gas reservoir discoveries across the globe which are estimated to create attractive prospects for the growth of the market.
Segmentation
The global sand screen market has been segmented based on application and well type.
By application, the sand screen market has been segmented into stand-alone, remedial or artificial lift protection.
By well type, the sand screen market has been segmented into land and offshore.
Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
Continued…
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