Portland, OR -- (SBWire) -- 07/04/2018 --Sand production in oil wells creates downhole cavities, blocks tubulars, and erodes upstream equipment. Therefore, its should be separated and disposed on the surface. The specialized sand control systems are used to produce hydrocarbons from the reserves.
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global sand control systems market to grow at a CAGR of 4.07% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global sand control systems market for 2018-2022. To calculate the market size, the report considers the revenue generated by the sales of sand control systems across onshore and offshore applications.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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.
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Key vendors
- 3M
- GENERAL ELECTRIC
- Halliburton
- National Oilwell Varco
- Schlumberger
- Weatherford
Market driver
- Growing consumption of oil and natural gas
- For a full, detailed list, view our report
Market challenge
- Environmental risks and strict governmental regulations
- For a full, detailed list, view our report
Market trend
- Changing business models of upstream oil and gas companies
- For a full, detailed list, view our report
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Global Sand Control Systems Market Trends, Size,Applications and Forecast 2022
A brief overview of Global Sand Control Systems Market is provided in the report based on product scope and market status & outlook.