The Report “Asia Pacific Oilfield Services Market by Type (Coiled Tubing Services, Well Completion, Drilling Fluids & Services, OCTG, Wireline Services ,Oilfield Equipment Rental, Pressure Pumping Services & Well Intervention ),by Application (Onshore & Offshore) -Analysis & Forecast To 2019” is estimated to reach $107,027.2 million by 2019, at a CAGR of 4.0% from 2014 to 2019.
Browse through the TOC of the Asia Pacific Oilfield Services Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Increased drilling activities in China, India, and Australia drive the Asia-Pacific oilfields services market. With the increase in population and rapid industrialization in emerging markets such as China, India, and Brazil there has been a significant increase in world oil and gas demand, which has exerted pressure on key market players as well as the new entrants to explore and produce newer reserves in difficult geological conditions sometimes even at great depths, thus increasing the demand for oilfield services market. In 2014, China held the highest market share of 45.8%, in the Asia-Pacific oilfield services market.
The main sub-types in the concerned market are drilling services, oil country tubular goods (OCTG), pressure pumping services, oilfield equipment rental, wire line services, well completion, drilling fluids, well intervention, and coiled tubing services. The market has been analyzed in terms of the major countries in the Asia-Pacific market, such as China, Indonesia, Thailand, Australia, India, and others, while in terms of application the market is segmented into onshore and offshore.
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