Allied Market Research

2024

Air Core Drilling Market

Air Core Drilling Market Size, Share, Competitive Landscape and Trend Analysis Report by Application (Dust Drilling, Mist Drilling, Foam Drilling, Aerated Fluid Drilling, Nitrogen Membrane Drilling) and by End-use Industry (Oil Gas, Mining, Construction): Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: | Eswara Prasad
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Air core drilling is widely used method to bore a hole into the unconsolidated ground for drilling water wells, oil wells, or natural gas extraction wells. Hardened steel and tungsten blades are used to bore a hole into the ground. It contains a hollow rod with an inner tube, used for injection of compressed air into the hole to remove the drill cuttings. These cuttings are blown back to the surface through the inner tube and pass through the sample separating system, and collected if required. Air core drilling can reach the depths up to 300meters in good conditions. Since the cuttings are removed inside the rods, they are less susceptible to contamination when compared with conventional drilling systems.

The demand for air core drilling technology is expected to rise globally owing to various factors such as increase in investment in exploration & production activities across various non-conventional energy sources to meet the rise in need for energy. Also, presence of huge untapped hydrocarbon reserves, liberalization of Mexican oil & gas industry, and rapid technological advancements contribute to drive the market. However, political economy, high labor costs, government policies to access land, and other environmental regulations restrain the growth of the market. Moreover, arctic discoveries, and increase in emphasis on water drilling are expected to open new opportunities in the market.

The air core drilling market is segmented based on application, end-use industry, and geography. Based on the application, it is divided into dust drilling, mist drilling, foam drilling, aerated fluid drilling, and nitrogen membrane drilling. Based on end-use industry, it is classified into oil & gas, mining, and construction. The market is analyzed based on geography into North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits

  • The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global air core drilling market to elucidate the prevailing opportunities and potential investment pockets.
  • It offers qualitative trends and quantitative analysis to assist stakeholders to understand the market scenario.
  • In-depth analysis of the key segments demonstrates the air core drilling technology and their application across end-use industries.
  • Competitive intelligence of the industry highlights the business practices followed by key players across geographies and the prevailing market opportunities.
  • The key players in the market are profiled and their strategies and developments to understand the competitive outlook of the industry.

Air Core Drilling Market Report Highlights

Aspects Details
Air Core Drilling Market By Application
By Application
  • Dust Drilling
  • Mist Drilling
  • Foam Drilling
  • Aerated Fluid Drilling
  • Nitrogen Membrane Drilling
Air Core Drilling Market By End-use Industry
By End-use Industry
  • Oil & Gas
  • Mining
  • Construction
Air Core Drilling Market By Region
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
Key Market Players
Key Market Players

Schlumberger Limited,Halliburton,Baker Hughes Incorporated,Weatherford International Inc,.Atlas Copco AB,Allis Chalmers Corp,.ArcherAusdrill Limited,Chicago Pneumatic,Haljohn-San Antonio Inc.

Key Market Players
Other Key Market Players

Harlsan Industries, Perenti Global Limited, TECSO S.A

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Air Core Drilling Market

Global Opportunity Analysis and Industry Forecast, 2023-2032