Global Oil Extraction Equipment Market
市场规模(十亿美元)
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 2,570.00 Million |
Market Size (Forecast Year) |
USD 3,711.13 Million |
CAGR |
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Major Markets Players |
全球石油提取设备市场,按提取类型(常规提取、超声波提取)、类型(超临界 CO2 提取、乙醇提取、碳氢化合物提取、无溶剂提取、其他)、应用(大麻和大麻植物、草药和药用植物、香料和茶)、含量(高油含量、低油含量)划分 - 行业趋势和预测到 2029 年。
采油设备市场分析及规模
纵观世界历史,石油和天然气一直至关重要。古代文明使用原油作为粘合物品的胶水和防水各种表面的密封剂。在石油开采过程中,甘油三酸酯 (TAG) 脂质从收获和浓缩的藻类生物质中分离出来,这可以使用各种机械或化学操作方法进行。
2021 年全球采油设备市场价值为 25.7 亿美元,预计到 2029 年将达到 37.1113 亿美元,在 2022-2029 年的预测期内复合年增长率为 4.70%。除了对市场价值、增长率、细分、地理覆盖范围和主要参与者等市场情景的洞察外,Data Bridge Market Research 策划的市场报告还包括深入的专家分析、按地理代表的公司生产和产能、分销商和合作伙伴的网络布局、详细和更新的价格趋势分析以及供应链和需求的缺口分析。
石油开采设备市场范围和细分
报告指标 |
细节 |
预测期 |
2022 至 2029 年 |
基准年 |
2021 |
历史岁月 |
2020(可定制为 2014 - 2019) |
定量单位 |
收入(百万美元)、销量(单位)、定价(美元) |
涵盖的领域 |
提取类型(常规提取、超声波提取)、类型(超临界 CO2 提取、乙醇提取、碳氢化合物提取、无溶剂提取、其他)、应用(大麻和麻类植物、草药和药用植物、香料和茶)、含量(高油含量、低油含量) |
覆盖国家 |
北美洲的美国、加拿大和墨西哥,南美洲的巴西、阿根廷和南美洲其他地区,欧洲的德国、意大利、英国、法国、西班牙、荷兰、比利时、瑞士、土耳其、俄罗斯,欧洲其他地区,亚太地区 (APAC) 的日本、中国、印度、韩国、澳大利亚、新加坡、马来西亚、泰国、印度尼西亚、菲律宾,亚太地区 (APAC) 的其他地区,沙特阿拉伯、阿联酋、南非、埃及、以色列,中东和非洲 (MEA) 的其他地区。 |
涵盖的市场参与者 |
Worthington Industries, Inc. (U.S.); ALFA LAVAL (Sweden); AMACS. (U.S.); CECO ENVIRONMENTAL. (U.S.); ACS Manufacturing, Inc. (U.S.); eProcess Technologies. (U.S.); HAT International Ltd (U.S.); Godrej & Boyce Manufacturing Company Limited (India); Honeywell International Inc. (U.S.); FENIX PROCESS TECHNOLOGIES PVT. LTD. (India); Caterpillar. (U.S.); Doyle Dryers (U.S.); ATLAS Oil & Gas Process Systems Inc. (Canada); Precision Extraction Solutions (U.S.); extraktLAB (U.S.); DEVEX Verfahrenstechnik GmbH (Germany); Delta Separations, LLC (U.S.); Isolate Extraction Systems Inc. (U.S.) among many others. |
Market Opportunities |
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Market Definition
When oil is hit, it rushes to the surface and can shoot dozens of meters out of the ground. Oil drilling begins with a drill cutting through the earth to allow air to be forced lower. More than 20 oil spills have occurred in the US over the previous 25 years.
Oil Extraction Equipment Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Rising number of exploration activities
Oil & gas separation equipment sales are on the rise due to increased exploration and production for both onshore and offshore locations worldwide. The development of separation equipment in the oil and gas industry is being influenced by the rising production and exploration in the ultra-deep and deep sea. Additionally, the market for oil & gas separation equipment is seeing an increase in demand due to the rising hydrocarbon production from sources including tight gas, coalbed methane, shale gas, and others. For instance, Baker Hughes was given an oilfield contract by the i3 Energy PLC to conduct drilling in the North Sea.
- Opportunities presented by increased demand for natural gas
Due to its many benefits, including its use in power generation, fuel, cooking, and electricity, natural gas is in high demand. The Energy Information Administration estimates that in 2020, the United States will have used about 30.5 trillion cubic feet of natural gas. As a result, the market for oil and gas separation equipment will develop, improving the prognosis for the sector in the years to come. Natural gas consumption is on the rise.
Furthermore, the factors such as rising urbanization, industrialization and mounting number of oil wells are some other important market drivers. Additionally, increasing usages of the equipment for drilling, well intervention, pressure maintenance and others are anticipated to drive the growth rate of the market.
Opportunities
- Growth and expansion
Growth and expansion of the oil and gas especially in the developing economies will present very many opportunities for the growth of the market. Keeping up with advancements in manufacturing/ production technology may also be beneficial for the market as a whole.
Restraints/Challenges
- High costs involved will act as restraint
Oil and gas separation equipment installation carries a hefty price tag. It can make the market more difficult. Depending on the technology used and the specifications, three-phase separator equipment can cost anywhere from $2,500 to $1 million per unit to purchase. Additionally, the handling of solid particles and other structural difficulties may make it difficult for the oil and gas separation equipment sector to expand.
- Rising number of concerns
Issues and concerns pertaining to the environmental concerns, environmental impact and environmental exploitation will worsen the situation for the growth of the market. Further, increased initiatives by the government towards the utilization of renewable and sustainable resources will yet again derail the market growth rate.
This oil extraction equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the oil extraction equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Oil Extraction Equipment Market
The oil and gas industry uses oil and gas separation equipment primarily to separate solid contaminants from crude oil. Due to production activity limitations, supply disruptions, and a global decline in oil demand, the oil and gas industry was impacted by the pandemic. Additionally, a number of oil and gas companies experienced significant setbacks and a brief halt in oilfield operations, which reduced crude oil production. The United States Energy Information Administration reports that compared to 2019, 8% fewer barrels per day of petroleum were produced in the United States in 2020.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- Ebara Vietnam Pump Company Limited (EVPC), a subsidiary of EBARA Corporation (EBARA), announced in April 2020 that the company had successfully completed JIS Mark*2 certification reviews by Japan Quality Assurance Organization (JQA) on casting and was currently accredited with "JIS G 5121" and "JIS G 5502 certification" in order to meet the high product standards demanded in the Japanese market.
- Tenaris S.A. stated in January 2020 that it had successfully acquired IPSCO Tubulars, Inc., a steel pipe manufacturer with headquarters in the United States, from PAO TMK. Additionally, it disclosed that the acquisition cost $1,067 million. Tenaris S.A.'s capability for U.S. manufacturing will probably increase as a result of the acquisition.
Oil Extraction Equipment Market Scope
The oil extraction equipment market is segmented on the basis of extraction type, type, application and content. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Extraction Type
- Conventional Extraction
- Ultrasonic Extraction
Type
- Super-Critical CO2 Extraction
- Ethanol Extraction
- Hydrocarbon Extraction
- Solvent-Less Extraction
- Others
Application
- Cannabis and Hemp Plant
- Recreational cannabis
- Medical cannabis
- Other
- Herbal and Medicinal Plant
- Spices and Tea
Content
- High Oil Content
- Low Oil Content
Oil Extraction Equipment Market Regional Analysis/Insights
The oil extraction equipment market is analyzed and market size insights and trends are provided by country, extraction type, type, application and content as referenced above.
The countries covered in the oil extraction equipment market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
During the forecast period, North America is expected to account for a sizable portion of the global market. The number of offshore rigs and offshore oil production in the United States expanded dramatically as a result of rising oil prices and falling drilling costs, showing that growth is being driven by both production activity and offshore drilling. In turn, this is anticipated to be the main factor driving the country's market for oilfield equipment.
Over the forecast period, Asia-Pacific is anticipated to have the greatest CAGR. Over the course of the forecast period, it is expected that the demand for oil extraction equipment in the region will rise as there is a rise in the number of research and development activities along with rising government initiatives to exploit hydrocarbon reserves.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Oil Extraction Equipment Market Share Analysis
The oil extraction equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to oil extraction equipment market.
Some of the major players operating in the oil extraction equipment market are
- Worthington Industries, Inc. (U.S.)
- ALFA LAVAL (Sweden)
- AMACS. (U.S.)
- CECO ENVIRONMENTAL. (U.S.)
- ACS Manufacturing, Inc. (U.S.)
- eProcess Technologies. (U.S.)
- HAT International Ltd (U.S.)
- Godrej & Boyce 制造公司有限公司 (印度)
- 霍尼韦尔国际公司(美国)
- FENIX PROCESS TECHNOLOGIES PVT. LTD.(印度)
- 卡特彼勒。(美国)
- Doyle 干燥机 (美国)
- ATLAS 石油天然气处理系统公司(加拿大)
- 精密萃取解决方案(美国)
- extractktLAB(美国)
- DEVEX Verfahrenstechnik GmbH(德国)
- Delta Separations, LLC(美国)
- Isolate Extraction Systems Inc.(美国)
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研究方法
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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