Rising Oil and Gas Exploration Activities across the Globe Boost Global Packer Market

Transparency Market
Research
Packer Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2014 - 2020
Published Date
2015-01-14
81 Page Report
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Press Release
Packer Market Revenue is Estimated to Reach USD 4,931.1
Million by 2020
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Packer Market
REPORT DESCRIPTION
Transparency Market Research has released a new market research report, According to the report, the global packer
market revenue stood at 2,717.5 Million in 2013 and is projected to reach 4,931.1 Million by 2020, expanding at a CAGR
of 9.0% between 2014 and 2020.
Rise in global demand for fossil fuel spurred by demographic and economic growth is expected to drive the global packer
market. Global oil and gas exploration and production activities have increased over the years leading to a rise in demand
for oil well equipment. Exploration & Production (E&P) companies constantly explores for new oil and gas reserves and
focuses on less explored deep and ultra-deep offshore reserves. Besides conventional oil and gas reserves, the drilling
activities pertaining to unconventional shale gas/oil have equally contributed to the increase in demand for well completion
equipment including packers.
Browse the full Packer Market report at
http://www.transparencymarketresearch.com/packer-market.html
Permanent packers are expected to dominate the market in terms of revenue. Low cost and better operational capabilities
are the major factors driving the demand for permanent packers. Permanent packers are available in different varieties
with a wide range of pound per square inch (psi) ratings and can be used in high pressure/high temperature applications.
Retrievable packers are best suited for applications requiring subsequent work over and re-completion. These packers
can be retrieved and reused after servicing, which makes them ideal product for re-completion activities.
packer-market
North America is estimated to dominate the packer market during the forecast period. Increasing drilling activities in
Canada and the U.S. pertaining to the exploration of shale gas/oil and tar sands are anticipated to drive the demand for
packers in North America. In terms of revenue share, North America is followed by Rest of the World (RoW) that includes
major oil and gas producing countries such as Saudi Arabia, Iran, Iraq, Angola, Libya, Nigeria, Brazil and Venezuela.
Ongoing drilling activities along with new oil and gas discoveries in offshore areas of Brazil and Africa are the major
factors driving the demand for packers.
Europe is the third-largest market for packers in the world. Ongoing drilling activities in the North Sea and Western Siberia
are fueling the demand for packers in the region. Asia Pacific represents the smallest market for packers in terms of
revenue share. Demand for packers in Asia Pacific is primarily driven by the E&P activities in China, Australia and
Indonesia.
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Packer Market
Browse the full Packer Market Press Release at
http://www.transparencymarketresearch.com/pressrelease/packer-market.htm
Some of the key players in the packer market include Weatherford International Ltd., Halliburton Company, Baker Hughes
Incorporated, Schlumberger Limited, Tryton Tool services, TIW Corporation, Map Oil Tools, Inc., Logan Completion
Systems, Pinnacle Oil Tools Inc. and KazDuCo LLP.
The research study analyzes and estimates the market size in terms of market revenue (USD Million). The report covers
product segments and provides region-wise data in terms of revenue. The report also provides historical data, detailed
analysis, and statistically refined forecast (2014 – 2020) for the product and geographical segments. The research covers
a comprehensive analysis of key players operating in the packer market.
The global packer market is segmented as follows:
Global Packer Market: Product Segment
Permanent
Retrievable
Global Packer Market: Regional Analysis
North America
Europe
Asia Pacific
Rest of the World (RoW)
Table of Contents
Chapter 1 Preface
1.1 Report Description
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Packer Market
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
Chapter 2 Executive Summary
Chapter 3 Global Packer Market – Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis: Global Packer Market
3.3 Market Drivers
3.3.1 Increased Oil and Gas Upstream Expenditures Augmenting Global Packer Market Growth
3.3.2 Shale Gas Boom In The U.S. Augments Demand For Packers
3.3.3 Increase In Global Drilling Activities Augments Demand For Packers
3.4 Market Restraints
3.4.1 Packer Seal Failures During Installation and Operation
3.5 Market Opportunities
3.5.1 Exploration of Untapped Potential Oil and Gas Reserves Accompanied by Newly Discovered Oilfields
3.6 Porter’s Five Forces Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat from Substitutes
3.6.4 Threat of New Entrants
3.6.5 Degree of Competition
3.7 Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis of Global Packer Market, by Product Segment, 2013
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3.7.2 Market Attractiveness Analysis of Global Packer Market, by Regional Segment, 2013
3.8 Company Market Share Analysis
3.8.1 Global Packer Market: Company Market Share Analysis, 2013
Chapter 4 Global Packer Market – Product Segment Analysis
4.1 Global Packer Market: Product Segment Overview
4.1.1 Global Packer Market Estimates and Forecast, Product Segment by Revenue, 2013 & 2020
4.2 Permanent Packers
4.2.1 Global Permanent Packer Product Segment Market Revenue Estimates and Forecast, 2012 – 2020, (USD
Million)
4.3 Retrievable Packer
4.3.1 Global Retrievable Packer Product Segment Market Revenue Estimates and Forecast, 2012 – 2020, (USD
Million)
Chapter 5 Global Packer Market – Regional Analysis
5.1 Global Packer Market: Regional Overview
5.1.1 Global Packer Market Revenue and Forecast, by Region, 2013 & 2020
5.2 North America
5.2.1 North America Packer Market Revenue Estimates and Forecast, 2012 – 2020, (USD Million)
5.2.2 North America Packer Market Estimates and Forecast, by Product Segment, 2012 – 2020, (USD Million)
5.3 Europe
5.3.1 Europe Packer Market Revenue Estimates and Forecast, 2012 – 2020, (USD Million)
5.3.2 Europe Packer Market Estimates and Forecast, by Product Segment, 2012 – 2020, (USD Million)
5.4 Asia Pacific
5.4.1 Asia Pacific Packer Market Revenue Estimates and Forecast, 2012 – 2020, (USD Million)
5.4.2 Asia Pacific Packer Market Estimates and Forecast, by Product Segment, 2012 – 2020, (USD Million)
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5.5 Rest of the World
5.5.1 Rest of the World Packer Market Revenue Estimates and Forecast, 2012 – 2020, (USD Million)
5.5.2 Rest of the World Packer Market Estimates and Forecast, by Product Segment, 2012 – 2020, (USD Million)
Chapter 6 Company Profiles
6.1 Team Oil Tools, Inc.
6.1.1 Company Overview
6.1.2 Business Strategy
6.1.3 Recent Developments
6.2 TIW Corporation
6.2.1 Company Overview
6.2.2 Business Strategy
6.2.3 Recent Developments
6.3 Map Oil Tools, Inc.
6.3.1 Company Overview
6.3.2 Business Strategy
6.4 Tryton Tool Services
6.4.1 Company Overview
6.4.2 Business Strategy
6.5 Watson Packer
6.5.1 Company Overview
6.5.2 Business Strategy
6.5.3 Recent Developments
6.6 Schlumberger Limited
6.6.1 Company overview
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6.6.2 Financial Overview
6.6.3 Business Strategy
6.6.4 Recent Developments
6.7 Halliburton Company
6.7.1 Company overview
6.7.2 Financial overview
6.7.3 Business strategy
6.7.4 Recent developments
6.8 Baker Hughes Incorporated
6.8.1 Company overview
6.8.2 Financial overview
6.8.3 Business strategy
6.8.4 Recent developments
6.9 Weatherford International Ltd.
6.9.1 Company overview
6.9.2 Financial overview
6.9.3 Business strategy
6.9.4 Recent developments
6.10 Logan Completion Systems
6.10.1 Company overview
6.10.2 Business strategy
6.11 Pinnacle Oil Tools Inc.
6.11.1 Company overview
6.11.2 Business strategy
6.11.3 Recent developments
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6.12 KazDuCo LLP
6.12.1 Company overview
6.12.2 Business strategy
6.13 Packer Plus Energy Services, Inc.
6.13.1 Company overview
6.13.2 Business strategy
6.13.3 Recent developments
6.14 Interwell Norway AS
6.14.1 Company overview
6.14.2 Business strategy
6.14.3 Recent developments
6.15 LLC SPF "Master Packer"
6.15.1 Company overview
6.15.2 Business strategy
6.16 Sparta Oil Tools Pvt. Ltd.
6.16.1 Company overview
6.16.2 Business strategy
List Of Figure
FIG. 1 Global Packer Market: Market Segmentation
FIG. 2 Global Packer Market Revenue Estimates and Forecast, 2012 – 2020 (USD Million)
FIG. 3 Global Packer Market: Existing Demand and Opportunities
FIG. 4 Global Packer Market: Value Chain Analysis
FIG. 5 Capital Expenditure on Oil and Gas Exploration Activities by Shell Global and its Subsidiaries
FIG. 6 Capital Expenditure on Oil and Gas Exploration Activities by Shell and its Subsidiaries
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FIG. 7 Rig Count in the U.S.
FIG. 8 International Rig Count, 2009–14
FIG. 9 Oil Reserves in Africa (Billion Barrels)
FIG. 10 Global Packer Market: Porter’s Five Forces Analysis
FIG. 11 Market Attractiveness Analysis of Global Packer Market, by Product Segment, 2013
FIG. 12 Market Attractiveness Analysis of Global Packer Market, by Regional Segment, 2013
FIG. 13 Company Market Share of Global Packer Market, 2013
FIG. 14 Global Packers Estimates and Forecast, Product Segment by Revenue, 2013 & 2020
List of Tables
TABLE 1 Global Packer Market Snapshot
TABLE 2 Market Drivers Of Global Packer Market: Impact Analysis
TABLE 3 Shale Production in the U.S.
TABLE 4 Market Restraints Of Global Packer Market: Impact Analysis
TABLE 5 Major Oil and Gas Discoveries in Africa
TABLE 6 North America Packer Market Estimates and Forecast, by Product Segment, 2012 – 2020, (USD Million)
TABLE 7 North American Packer Manufacturers and Suppliers
TABLE 8 Europe Packer Market Estimates and Forecast, by Product Segment, 2012 – 2020, (USD Million)
TABLE 9 European Packer Manufacturers and Suppliers
TABLE 10 Asia Pacific Packer Market Estimates and Forecast, by Product Segment, 2012 – 2020, (USD Million)
TABLE 11 Asia Pacific Packer Manufacturers
TABLE 12 Rest of the World Packer Market Estimates and Forecast, by Product Segment, 2012 – 2020, (USD Million)
TABLE 13 RoW-Based Packer Manufacturers
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Packer Market
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The global packer market and presents a forecast about the future state of this market over the 2014-2020 period. The report states that the market, which was valued at US$2.7 bn in 2013, will expand at a healthy 9.0% CAGR over the report’s forecast period and rise to a value of US$4.9 bn by 2020. Complete Report Packer Market with TOC : http://www.transparencymarketresearch.com/packer-market.html The report states that factors such as an overall rise in the global demand for fossil fuels, spurred by the ever-increasing population and economic development, are crucial in driving the overall demand for packers across the globe. While the demand for energy is continuously rising owing to rapid industrialization, an increase in drilling activities across major oil and gas producing areas is also a key factor driving an increase in demand for packers.