NEW YORK, Dec. 21, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the “Sand Traps for Oil & Gas Market – Global Industry Size, Share, Trends, Opportunities and Forecasts, 2017-2027” report – https://www.reportlinker.com/ https://www.reportlinker.com/p06267917/?utm_source=GNW
Furthermore, the demand for obtaining clean oil from oil reservoirs with the use of efficient drilling equipment is expected to propel the growth of the global Sand Traps for Oil & Gas market over the coming five years.
The expansion of the oil and gas industry and the need for sophisticated drilling equipment also confirm the growth of the global sand trap for oil and gas market over the next five years.
A sand trap is a small pit located near a shaker screen that is used as a separator settling pit to separate coarse solids that inadvertently bypass the shakers. Under these conditions, soil enters the pit from one side and leaves the shaker overflowing. Second aspect.
Sand trap separates the sludge but periodic cleaning is required to remove the sludge so that prolonged separation does not affect the equipment. The material is also processed on a fine screen or with a centrifuge to properly remove the mud from the oil being excavated from the reservoir.
Rising demand for oil drives market growth
Rapidly increasing demand for oil and petroleum products and derivatives is expected to propel the growth of the global sand trap oil and gas market over the coming five years. Besides this, oil production is also increasing rapidly to meet the growing demand for oil and petroleum products. Indirectly enhancing and supporting the development of the global sand trap for the oil and gas market.
The total oil production in the year 2020 globally was recorded at 4165.1 million tonnes out of which United States produced 712.7 million tonnes of oil in 2020.
Rising production also supports oil consumption. Global oil consumption in the year 2020 was recorded at 88,477 thousand barrels per day.
In the United States, the consumption of 17,178 thousand barrels of oil per day was recorded in the year 2020. The demand for clean and sludge-free oil is expected to confirm the growth of the market over the forecasted years.
market segmentation
The global sand trap for oil and gas market segmentation is based on type, application, well type, regional distribution, and competitive landscape. On the basis of type, the market is divided into gravity and centrifugal.
On the basis of application, the market is differentiated between forward drilled hole and open hole. The type segment of the market is also segmented into horizontal and vertical well types.
The market analysis also studies the regional segmentation divided into Asia-Pacific region, North American region, European region, South American region, and Middle East & African region.
Company Profile
National Oilwell Varco, Sunry Petroleum Equipment Co. Ltd., Cajun Energy, Novomet, Forum Energy Technologies Inc., Kasrawand Company, RK Industries LLC, are among the partial list of major market players of global Sand Trap for Oil & Gas. Market.
Report Scope:
In this report, the global Sand Trap for Oil & Gas market has been segmented into the following categories in addition to industry trends, which are detailed below:
• Sand Traps for Oil & Gas Market by Type:
o gravity
o centrifugal
Sand Trap for Oil & Gas Market by Application:
o cover hole
o open hole
Sand Trap by Well Type for the Oil and Gas Market:
horizontal
o workspace
Sand Traps for Oil & Gas Market by Region:
o North America
United States of america
Mexico
Canada
o Europe
France
Germany
United Kingdom
Italy
spain
poland
Denmark
o Asia-Pacific
China
India
Japan
South Korea
Australia
malaysia
Singapore
o Middle East and Africa
South Africa
Saudi Arab
United Arab Emirates
Iraq
turkey
o South America
Brazil
Argentina
Colombia
Peru
Chile
competitive landscape
Company Profile: A detailed analysis of the major companies present in the global Sand Trap for Oil & Gas market.
Available Customization:
With the given market data, we provide customization as per the specific requirements of the company. The following customization options are available for the report:
Company Information
• Detailed analysis and profiling of additional market players (up to five).
Read the full report: https://www.reportlinker.com/p06267917/?utm_source=GNW
About ReportLinker
ReportLinker is an award winning market research solution. ReportLinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
,
