The sand control systems market report by Transparency Market Research provides in-depth analysis of the global sand control systems industry

Albany, NY -- (SBWire) -- 01/02/2015 --The report divides the market on the basis of technique and region. It also provides forecast and estimates for each technique and region. The report analyzes demand and supply characteristics of the market by providing detailed forecast and analysis of revenue for the period 2014-2020.

The sand control systems market primarily includes six types of sand control techniques: rate exclusion, plastic consolidation, resin coated gravel, stand-alone screens, gravel packing, and frac pack among others (High energy resin placement and selective completion practices). Gravel packing is expected to be the most dominant technique in the global sand control systems market. It accounts for the largest share of the sand control systems market. Gravel packing is one of the oldest methods used in both onshore and offshore crude oil and natural gas wells. This is mainly attributed to the large number of drilling and completion activities supplemented by vast research and development activities. The selection of sand control methods depend on various parameters such as clay content, interval length, grain size distribution, operational cost, flow rate, and well deviation.

Asia Pacific is projected to be the largest market for sand control systems. Increasing number of drilling activities, especially in Australia, Indonesia, Myanmar, and Malaysia is likely to boost the market for sand control systems in Asia Pacific region. High energy demand from Asia Pacific countries such as India, China, Japan, and South Korea offers vast opportunities for sand control systems as they rank in the top five crude oil importing countries in the year 2013. Various sand control techniques have been used to extract large volumes of crude oil and natural gas without any difficulties in South China. Numerous petroleum companies are installing sand control systems at crude oil and natural gas wells to prevent damage and breakage of any type to the equipment.

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Recently discovered offshore fields in RoW countries such as Egypt, Tanzania, and Mozambique have boosted the demand for sand control systems in RoW region. Moreover, rise in the number of drilling activities in West Africa and Latin America, especially in deep and ultra deep water reserves, has accelerated growth of the sand control systems market. Various oilfield service companies are implementing sand control systems in offshore reserves at the beginning of the drilling process to ensure a continuous and optimal production process. Presently, vast volumes of crude oil are being imported from countries in the Middle East. Countries such as Brazil, Venezuela, Nigeria, and Angola are rich in petroleum reserves. These reserves are sufficient to bridge the demand supply gap prevailing in the world to a certain extent, which is also helping to maintain energy security.

Asia Pacific, North America, Europe, and Rest of the World (RoW) are the major geographical areas covered in the report. Each geographical region has been further bifurcated on the basis of technique segment. Revenue forecasts and estimates for each technique have been provided for the period 2014–2020.

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The report also provides detailed analysis and revenue of companies such as Baker Hughes, Inc., Grit Industries, Inc., Halliburton Company, Ceradyne, Inc., RPC, Inc., Schlumberger Limited, Superior Energy Services, Inc., Variperm (Canada) Limited, Weatherford International Ltd., and Welltec A/S. With the help of Porter's Five Forces analysis, the report provides a detailed analysis of the various factors influencing the sand control systems industry. The analysis also helps to understand the degree of competition prevalent in the market. Furthermore, the report analyzes the value chain and various drivers and restraints of the sand control systems market.

Sand Control Systems Market: Technique Type Analysis
- Resin coated gravel
- Plastic consolidation
- Resin coated gravel
- Stand-alone screens
- Gravel packing
- Frac pack
- Others (High energy resin placement and selective completion practices)

Sand Control Systems Market: Regional Analysis
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)

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