Future of the Pressure Vessels Market: Innovations and Regional Growth Insights

pressure vessels market

The global Pressure Vessels Marketis projected to reach USD 62.7 billion in 2028 from USD 50.3 billion in 2023 at a CAGR of 4.5% according to a new report by MarketsandMarkets™.  Pressure vessel is a closed container which are designed to hold fluids or gases …

Downhole Tools Market Poised for Rapid Growth: Key Trends and Insights

The global Downhole Tools Market in terms of revenue was estimated to be worth $6.1 billion in 2024 and is poised to reach $7.8 billion by 2029, growing at a CAGR of 4.8% from 2024 to 2029 according to a new report by MarketsandMarkets™. Downhole …

Offshore Support Vessel Market Share, Growth Prospects and Key Opportunities by 2029

Offshore Support Vessel Market

The global Offshore Support Vessel Market in terms of revenue was estimated to be worth $25.6 billion in 2024 and is poised to reach $36.3 billion by 2029, growing at a CAGR of 7.2% from 2024 to 2029 according to a new report by MarketsandMarkets™. …

Navigating the Depths: The Offshore Support Vessel Industry

An offshore support vessel (OSV) is specially designed to support offshore exploration, drilling, production, and construction activities in the oil & gas industry. These vessels provide a range of services, such as transportation of personnel, equipment and supplies, maintenance and repair, and oil spill response. …

Boost Oil & Gas Production: Trends in the Artificial Lift Market

The global Artificial Lift Market growth is projected to be USD 9.0 billion by 2028, growing from USD 7.3 billion in 2023, at a CAGR of 4.4% during the forecast period. The need for the artificial lift method to optimize production and enhance the recovery rate from …

Digital Oilfield Market worth $43.0 Billion by 2029

Digital Oilfield Market

The global Digital Oilfield Market is expected to reach USD 43.0 billion by 2029 from USD 30.1 billion in 2023 at a CAGR of 6.3% during the forecast period according to a new report by MarketsandMarkets™.  Digital oilfields play a crucial role in improving operational efficiency, reducing costs, …

Biorefinery Market will Escalate Rapidly in the Near Future

Hydrogen Energy Storage Market

The global biorefinery market is expected to witness significant growth during the forecast period due to increased government initiatives and increased need for environmental sustainability as well as technological advancements and increased investments in the biorefinery market. The global Biorefinery Market is projected to grow from USD 141.8 …

Global Pressure Vessels Market Size, Share, Industry Trends, Growth and Opportunities | MarketsandMarkets

Pressure Vessels Market Size, and Share

Pressure Vessels Market Size/Share The global Pressure Vessels Market size is expected to grow from USD 50.3 billion in 2023 to USD 62.7 billion by 2028, at a CAGR of 4.5% according to a new report by MarketsandMarkets™.  Pressure vessel is a closed container which are designed to hold …

Offshore Support Vessel (OSV) Market Size, Share, Growth Analysis, and Forecast 2028

Offshore Support Vessel (OSV) Market Size, and Share

The global Offshore Support Vessel Market size is projected to reach USD 31.4 billion by 2028 from USD 22.6 billion in 2023 at a CAGR of 6.7% according to a new report by MarketsandMarkets™. An offshore support vessel (OSV) is specially designed to support offshore exploration, …

Biorefinery Market worth $210.3 Billion by 2027

Biorefinery Market

The global Biorefinery Market is projected to grow from USD 141.8 billion in 2022 to USD 210.3 billion by 2027, at a CAGR of 8.2% according to a new report by MarketsandMarkets™. Increasing demand for biofuels to achieve net zero emissions are the primary driver for the global biorefinery market across the globe. …

Oilfield Technology: A Revolution in the Oil and Gas Industry

Oilfield Technology

New technological advancements in the oil & gas industry; increased return on investment in the oil & gas industry; and the growing need for maximizing production potential from mature wells in key geographical regions such as Asia Pacific, Europe, and North America are likely to …

Artificial Lift Market to Witness Healthy Growth During 2023-2028

Artificial Lift Market

The global Artificial Lift Market is projected to reach USD 9.0 billion in 2028 from USD 7.3 billion in 2023 at a CAGR of 4.4% according to a new report by MarketsandMarkets™.  Artificial lift comprises techniques in the oil and gas sector to boost hydrocarbon …

Pressure Vessels Market Surge Towards Solid Growth by 2028

Pressure Vessels Market

The global Pressure Vessels Market is projected to reach USD 62.7 billion in 2028 from USD 50.3 billion in 2023 at a CAGR of 4.5% according to a new report by MarketsandMarkets™.  Pressure vessel is a closed container which are designed to hold fluids or …

Offshore Support Vessel Market to Witness Rapid Growth in Near Future

Offshore Support Vessel Market

The global Offshore Support Vessel Market is projected to reach USD 31.4 billion by 2028 from USD 22.6 billion in 2023 at a CAGR of 6.7% according to a new report by MarketsandMarkets™.  An offshore support vessel (OSV) is specially designed to support offshore exploration, …