Zonal Isolation Packers Market Comprehensive Study by Key Players

Posted on 2019-08-28 by Mark Hub in Internet & Online // 0 Comments

According to a recent study of Fact.MR, sales of zonal isolation packers exceeded 25,438 units in 2018, and is estimated to surpass 26,000 units in 2019. The Fact.MR study finds an ever-increasing need from exploration & production industry operators to address the issue of gas migration, which continues to be one of the longstanding challenges requiring immediate attention. This, in turn, is paving favorable grounds for adoption of effective zonal isolation technologies, including zonal isolation packers.

“One of the chief aspects fuelling demand is rising need for effective zonal isolation technologies to prevent damage of casing and other formations in a wellbore. Moreover, zonal isolation packers are also widely-used as an ideal anchor point for effective production tubing, creating untapped potential for the stakeholders of zonal isolation packers market”, says Fact.MR study

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Key Growth Drivers of Zonal Isolation Packers Market

The exploration & production (E&P) companies are resorting to zonal isolation packers for gas migration, one of the longstanding challenges faced by the industry. Enhanced safety, protection against formation damage, elimination of expensive work-over, and improved reservoir integrity & productivity, are some of the key benefits of zonal isolation packers propelling their demand in oil & gas exploration & production activities.
Essentiality of effective zonal isolation in case of selective stimulation, formation control, and fracturing applications continues to be a key aspect boosting demand for zonal isolation packers.
In the existing cost-conscious environment, industrial operators seek immediate yet effective solutions for their zonal isolation needs. This, in turn, is translating into a massive influx of advanced zonal isolation packer designs with prompt response to the ever-changing dynamics of challenging applications.
Increasing production of shale gas continues to be a pervasive trend estimated to create favorable grounds for growth of zonal isolation packers market. In a bid to attenuate various challenges associated with shale gas migration, mechanical zonal isolation technologies, such as packers and plugs, are being extensively adopted by industry operators.
Ability of zonal isolation packers to operate effectively and reliably amid temperature fluctuations is a key aspect that makes it a viable proposition across multiple industrial units.

Adoption of Zonal Isolation Packer Soars as End-Users Seek Improved Well Lifecycle with Minimum Workover

An effective and robust approach has been employed in the zonal isolation packers market report to garner valuable insights into zonal isolation packers market instrumental in determining growth of zonal isolation packers market. The research methodology employed for zonal isolation packers market is a two-step research process that involves primary and secondary research phases for zonal isolation packers market report. The primary research phase for zonal isolation packers market involves in-person interactions and interviews with industry experts in the zonal isolation packers market.

The secondary research phase in the zonal isolation packers market involves comprehensive study of paid databases, articles and press releases, company websites, trade journals, and other relevant publications associated with zonal isolation packers market. The results obtained in both steps of the research methodology employed for zonal isolation packers market report are cross-checked to offer an authentic compilation of insights into the zonal isolation packers market.

Additional key players operating in the zonal isolation packers market and profiled in the report include Weatherford International PLC, Baker Hughes Inc., National Oilwell Varco, Inc., Trican Well Service Ltd., TAM International, Inc., Tendeka B.V., TAM International, Inc., Gryphon Oilfield Solutions, RGL Reservoir Management Inc., ERA Oilfield Services Co Ltd., Welltec, Vanguard Oil Tools Services LLC, Innovex Downhole Solutions, Inc., Superior Energy Services, Packers Plus Energy Services, Inc., Saltel Industries SAS, Nabors Industries Ltd., and NCS Multistage Holdings, Inc.

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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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