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Asia-Pacific Completion Equipment Market Outlook to 2022 - Market Analysis by Geography, Type, Competitive Landscape, Key Company Information - Growth Trends and Forecasts

Asia-Pacifics completion equipment market is expected to grow significantly in the coming decade. The growth is primarily due to shale activity in China and increasing offshore oil and gas exploration in countries such as India and Indonesia._x000D_ _x000D_ Completion in oil and gas industry refers to making a well ready for production. Well completion incorporates the steps taken to convert a drilled well into producing stage. The steps in this process include casing, perforating, gravel packing and installing a production tree._x000D_ _x000D_ Completion and production often consists of cementing, stimulation, well intervention, pressure control, pipeline and process services, and completion services. The services may also contain installation, maintenance, repair or testing services as well._x000D_ _x000D_ North America leads the market in terms of demand and is closely followed by Asia-Pacific. Asia-pacifics exploration activity is at an all time high from the last four-five years thanks to shale boom in some countries such as China. Decent market opportunity exists for this market in Europe, as the North Seas new exploration activity is now moving in to deeper waters which require much sophisticated equipment. Countries such as the Netherlands and Norway present a decent market opportunity for oii country tubular goods._x000D_ _x000D_ Ever increasing energy demand, increased offshore exploration activity across the globe which often going in to deeper waters and several operators efforts to find new oil and gas reserves are driving the market. Whereas on the flip side, high initial investments, lack of skilled labor, and environmental conditions such as harsh weathers are restraining the market from growth._x000D_ _x000D_ What the Report Offers_x000D_ _x000D_ · Market Definition for the completion equipment along with identification of key drivers and restraints for the market._x000D_ _x000D_ · Market analysis for the Asia-Pacific completion equipment market, with region specific assessments and competition analysis on a country and regional scale._x000D_ _x000D_ · Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a country and regional scale._x000D_ _x000D_ · Extensively researched competitive landscape section with profiles of major companies along with their share of markets._x000D_ _x000D_ · Identification and analysis of the Macro and Micro factors that affect the Asia-Pacific completion equipment market on both country and regional scale._x000D_ _x000D_ · A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information._x000D_ _x000D_ Reasons for Buying this Report_x000D_ _x000D_ 1)For gaining an exhaustive understanding of the Asia-Pacific market for completion equipment. Would be of assistance in providing a comprehensive analysis of the major trends, innovations and associated prospects for market growth over the coming half a decade_x000D_ _x000D_ 2)An ideal opportunity for industry consultants, equipment manufacturers and other interested and allied parties to gain a critical insight into the factors driving and restraining the market, in addition to opportunities offered_x000D_ _x000D_ 3)Wide-ranging information provided about the leading market players and the major strategies adopted by them_x000D_

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Published Date: Q2 2016

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