DUBLIN, September 30, 2022 /PRNewswire/ — The “Global Jet Submarine Market By Cleaning Type (Riser, Blowout Preventer, Wellhead), By Operation (rig, jackup rigs, Land), By Port (9, 6), By Product Type (Rubber Nose, Steel Nose), By Region, Competition Forecast & Opportunities, 2028” report has been added to from ResearchAndMarkets.com offer.
The global jet SUB market is expected to grow at a terrific rate during the forecast period 2023-2027. The growth of the market can be attributed to the growing demand for efficient extraction of oil and gas from reservoir and drill pipe handling system. Additionally, strong demand for oil and gas from various end-user industries is expected to drive the market growth.
Jetting SUB is a flushing jet device that dislodges debris by jetting the BOP ram cavities, annular and wellhead. The variations in diameter allow the launching to be carried out according to the respective surfaces and the stacks of underwater BOPs.
Due to the abrupt drop in fluid annular velocity, debris can accumulate inside the BOP and wellhead area during drilling. This debris can then fall back into the well during deployment of the completion, preventing the installation of the packer or the installation of the tube support; thus, the use of the SUB jet can facilitate the drilling procedure and improve the oil production.
Jetting SUB is one of many pieces of equipment that help the drilling equipment and pipeline system run more efficiently. Growing number of tanks in the country and rapidly increasing cases of discovery of new tanks will support the growth of the global jet SUB market over the next five years. Efficient drilling equipment is in high demand for drilling sites in difficult terrain and oil production in such sites, which is boosting the growth of the market.
Constant research and technological advancements in drilling equipment and other tools to ensure the efficiency of oil production, safety and security at drilling sites, or the responsible and efficient facilitation of related equipment are a factor of major growth for the growth of the global SUB jets market in the next five years. Although the cost of producing, distributing and supplying petroleum and petroleum products is very high, the demand for energy is increasing rapidly, creating even more demand for efficient methods of extracting, drilling and supplying oil. oil.
The global SUB jets market is segmented on the basis of cleaning type, operation, port, product type, regional distribution, and competitive landscape. Based on cleaning type, the market is split into riser, blowout preventer, wellhead. The riser segment is expected to dominate the market owing to the growing demand for securing pipelines.
Years considered for this report:
- Historical years: 2017-2020
- Base year: 2021
- Estimated year: 2022E
- Forecast period: 2023F-2027F
Key target audience:
- Market research and consulting firms
- Government bodies such as regulators and policy makers
- Organizations, forums and alliances
The study is helpful in providing answers to several critical questions which are important for industry stakeholders such as product manufacturers, suppliers & partners, end users etc. besides enabling them to develop investment strategies and capitalize on market opportunities.
Report Scope:
In this report, the global SUB jet market has been segmented into the following categories, in addition to industry trends which have also been detailed below:
Global Jetting SUB Market, By Cleaning Type:
- riser
- blowout preventer
- Wellhead
Global Jetting SUB Market, By Operation:
- Platform
- jack-up platforms
- Land platforms
Global Jetting SUB Market, By Port:
Global Jetting SUB Market, By Product Type:
Global Jetting SUB Market, By Region:
- North America
- United States
- Mexico
- Canada
- Europe
- France
- Germany
- UK
- Italy
- Spain
- Poland
- Denmark
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Middle East & Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Iraq
- Turkey
- South America
- Brazil
- Argentina
- Colombia
- Peru
- Chile
Main topics covered:
1. Product introduction
2. Research methodology
3. Executive Summary
4. Impact of COVID-19 on the global SUB Jetting market
5. Voice of the customer
6. Global Jet SUB Market Outlook
7. North America Jetting SUB Market Outlook
8. Asia-Pacific Jetting SUB Market Outlook
9. Europe Jetting SUB Market Outlook
10. South America Jetting SUB Market Outlook
11. Middle East & Africa Jetting SUB Market Outlook
12. Market dynamics
13. Market trends and developments
14. Company Profiles
15. Strategic Recommendations
Companies mentioned
- Texas International
- Janki Oil Tools
- highway industries
- Keystone Pipe Handling Tools
- Premium Oilfield Technologies
- General tools for petroleum oil
- FYPE Rigid Machinery Co.Ltd.
- Alco Group
- Shaanxi Gaoton Highlong Machinery Co. Ltd.
- Rbdxki Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/oaqpbr
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SOURCE Research and Markets