Report ID: SQMIG55D2012
Report ID:
SQMIG55D2012 |
Region:
Global |
Published Date: March, 2024
Pages:
182
|
Tables:
59 |
Figures:
74
In 2023, the North America region led the global industry, accounting for more than 26.0% of total sales. The region is expected to grow at a moderate rate, maintaining its position during the projection period. Massive expenditures by major oil and gas companies in both conventional & unconventional areas have been the primary drivers of the region's first market penetration.
Asia Pacific is predicted to grow at a faster-than-average rate in the next few years. The anticipated increase in rig activity, as well as different new field developments, particularly offshore basins, are likely to drive market growth in the Asia Pacific region, notably in nations that include China, Indonesia, Australia, & India.
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Report ID: SQMIG55D2012