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Analysis of Zonal Isolation Market applications and company’s active in the industry

The global Zonal Isolation Market share report provides numbers for applications and regional segments of the industry covering historical as well as forecast data for decision makers.

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Analysis of Zonal Isolation Market applications and company’s active in the industry

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  1. Zonal Isolation Market share research by applications and regions for 2016 – 2024

  2. Global Market Scenario of Furfural Industry • The graph of Zonal Isolation Market is expected to display a high surge over the next few years, pushed by growing number of drilling operations carried out across the offshore and onshore destinations. Technological innovations have helped the industry players explore new oil & gas wells and this has significantly contributed towards the industry growth. Increase in number of shale gas exploration along with heavy crude oil demand due to high energy requirements, will propel zonal isolation industry growth in the near future. • Moreover, rise in the number of drilling rigs across the globe is projected to increase the demand for exploration and production of oil & gas wells, thereby driving the industry trends over the coming timeframe. For instance, world drilling rig count improved by 74 units in July 2016 in comparison to June 2016. In fact, the U.S. rig count had numbered to 449 rigs from 32 rigs while Canada contributed nearly 31 units to 94 rigs. Developed countries like the U.S. and Canada are investing heavily in oil & gas exploration projects which is expected to drive the zonal isolation industry growth over the next few years.

  3. Continue… • Offshore sector is a major application area, projected to offer high growth opportunities for zonal isolation industry over the coming seven years. As per the research, offshore application is expected to grow at a CAGR of 7% over the coming timeframe, driven by huge investments in the exploration and production activities carried out offshore. Moreover, zonal isolation market share in onshore sector, will experience a high growth, due to the enormous rise in onshore drilling activities. • Reasons to Buy This Report: • 1. Zonal Isolation Market size & share forecast by product & application, 2016-2024 • 2. Growth drivers, pitfalls & industry challenges • 3. Zonal Isolation Market growth opportunities & emerging business models • 4. Competitive benchmarking with market share analysis and company profiles • Rise in number of shale gas exploration activities along with high requirements for oil & gas is expected to spur Europe zonal isolation market growth over the coming years. UK and Norway are expected to be the major regional revenue contributors. • Middle East & Africa zonal isolation market is projected to witness significant gains of 6.53% over 2016-2024, driven by rise in regional drilling rig count. Iran and Saudi Arabia are projected to be the major regional revenue pockets.

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