Report Code: A07262 | Pages: NA | Mar 2023 | 1207 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Oilfield Degasser Market
Request Now !A degasser is an instrument used while drilling in an oil well to remove gasses from drilling fluid to lower the hydrostatic pressure that is formed due to gas cut mud. In case of a small amount of entrained gas such as methane, carbon dioxide, or hydrogen sulfide in a drilling fluid, the degasser proves to be critical for the removal of small bubbles, which are enveloped within the liquid film. The fluid that is extracted from these reserves is initially treated and processed before sending it to the offsite facilities and refineries for effective transportation. Few commonly used varieties of degassers are vacuum tank degasser and atmospheric degasser.Â
Market scope and structure analysis
          Report Metric |                         Details |
 Market size available for years |  2019–2027 |
 Base year considered |  2019 |
 Forecast period |  2020–2027 |
 Forecast unit |  Value (USD) |
 Segments covered |  Type, Application, and Region |
 Companies covered | CMIC Ocean En-Tech Holding Co. Ltd., Derrick Corp., Fluid Systems, Inc., Hebei GN Solids Control Co. Ltd., MHWirth AS, National Oilwell Varco Inc., Schlumberger Ltd., The Weir Group Plc., Xi’an KOSUN Machinery Co. Ltd., and Yantai Jereh Oilfield Services Group Co. Ltd. |
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The outbreak of the novel coronavirus pandemic has severely affected the global oilfield gas market.Â
Owing to increase in industrialization and rapid urbanization across the globe, the oil & gas market is expected to grow at a significant rate, due to the escalated demand for energy. To cater to increasing demand, major industries are focusing on their oil & gas projects. This is expected to drive the demand for equipment such as degassers in the global market.
In recent times, the oil & gas industry has shifted its focus from shallow-water drilling to deep-water drilling. With rise in prices of crude oil, companies have significantly increased their operations and started investing on offshore deep-water drilling projects, which is expected to positively impact the growth of the oilfield degasser market.Â
The market in the North America region is expected to grow at a significant rate due to upsurge in offshore activities in the Gulf of Mexico. Moreover, the degasser market in the Asia-Pacific region is expected to grow at a considerable rate in the near future.
Key benefits of the report
Oilfield Degasser Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
Aspects | Details |
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By Type |
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By Application |
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By Region |
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Key Market Players | CMIC Ocean En-Tech Holding Co. Ltd., Derrick Corp., Fluid Systems, Inc., Hebei GN Solids Control Co. Ltd., MHWirth AS, National Oilwell Varco Inc., Schlumberger Ltd., The Weir Group Plc., Xi’an KOSUN Machinery Co. Ltd., Yantai Jereh Oilfield Services Group Co. Ltd. |
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