The Report “Asia-Pacific Well Completion Equipment & Services Market by Service (Packers, Sand Control Tools, Liner Hangers Services, & Smart Wells), by Application (Onshore & Offshore), by Country – Analysis & Forecast to 2019”, is estimated to reach $3,480.3 million by 2019, growing at a CAGR of 5.2% from 2014 to 2019.
Browse through the TOC of the Asia-Pacific Well Completion Equipment and Services Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Increased drilling activities in China, India, and Australia are driving the Asia-Pacific well completion equipment and services market. Increase in population and rapid industrialization in emerging markets such as China, India, and Brazil have increased the demand for oil & gas, which has exerted pressure to explore and produce newer reserves in difficult geological conditions at great depth, thus increasing the demand for well completion equipment and services market. In 2013, China held the largest market share of 67.9% in the Asia-Pacific well completion equipment and services market.
The main types of equipment in the concerned market include packers, sand control tools, multi-stage frac tools, liner hangers, smart wells, and safety valves. The market has been analyzed in terms of the major countries in the Asia-Pacific market, such as China, Indonesia, Australia, India, and Others.
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