China Underbalanced Drilling Market Size & Outlook
China underbalanced drilling market, 2018-2030 (US$M)
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China underbalanced drilling market highlights
- The China underbalanced drilling market generated a revenue of USD 309.1 million in 2024 and is expected to reach USD 478.2 million by 2030.
- The China market is expected to grow at a CAGR of 7.7% from 2025 to 2030.
- In terms of segment, gas injection was the largest revenue generating technology in 2024.
- Aerated Fluid Injection is the most lucrative technology segment registering the fastest growth during the forecast period.
Underbalanced drilling market data book summary
| Market revenue in 2024 | USD 309.1 million |
| Market revenue in 2030 | USD 478.2 million |
| Growth rate | 7.7% (CAGR from 2025 to 2030) |
| Largest segment | Gas injection |
| Fastest growing segment | Aerated Fluid Injection |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gas Injection, Foam Injection, Aerated Fluid Injection, Mist Drilling |
Other key industry trends
- In terms of revenue, China accounted for 7.5% of the global underbalanced drilling market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China underbalanced drilling market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 478.2 million by 2030.
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Underbalanced Drilling Market outlook Scope
Underbalanced Drilling Market outlook Companies
| Name | Profile | # Employees | HQ | Website |
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China underbalanced drilling market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to underbalanced drilling market will help companies and investors design strategic landscapes.
Gas injection was the largest segment with a revenue share of 51.57% in 2024. Horizon Databook has segmented the China underbalanced drilling market based on gas injection, foam injection, aerated fluid injection, mist drilling covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of China underbalanced drilling market databook
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Our clientele includes a mix of underbalanced drilling market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China underbalanced drilling market , including forecasts for subscribers. This country databook contains high-level insights into China underbalanced drilling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China underbalanced drilling market size, by technology, 2018-2030 (US$M)
China Underbalanced Drilling Market outlook Share, 2024 & 2030 (US$M)
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