Los Angeles, CA -- (SBWIRE) -- 05/20/2019 -- Oil and gas packers are made of a rubber-like material, cylindrical in shape, which can be compressed to expand against the well walls. The oil and gas packers seal the well walls, thereby preventing any vertical flow of fluid in that section of the well. Well packer is an instrument that runs into the wellbore at a smaller initial diameter. The diameter is later expanded to seal the wellbore and the packer is needed for the well execution.

After the well execution is done, isolation takes place where annulus from the production conduit is removed. The packer, as a downhole instrument, is important for the basic functioning of most wells, producers, or injectors. Packer offers several advantages such as prevention of the production casing from corrosion from produced fluids along with safeguarding from high pressures and helps in separating multiple producing zones.

The global Oil and Gas Packer market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025. This report studies the Oil and Gas Packer market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Oil and Gas Packer in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Dril-Quip

GENERAL ELECTRIC

Halliburton

National Oilwell Varco

Schlumberger

Weatherford

By the product type, the market is primarily split into

Permanent Packer

Retrievable Packer

By the end users/application, this report covers the following segments

Oil Industry

Natural Gas Industry

Other

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