The global well intervention market size was estimated at USD 9.79 billion in 2025 and is projected to reach USD 14.23 billion by 2033, growing at a CAGR of 5.0% from 2026 to 2033. The industry is experiencing steady growth driven by the increasing number of mature oil and gas wells, ris... Read More »
February 2026The global downhole tools market size was estimated at USD 5.18 billion in 2025 and is projected to reach USD 7.58 billion by 2033, growing at a CAGR of 4.9% from 2025 to 2033. Market growth is mainly driven by increasing oil & gas exploration and production activities, rising demand... Read More »
January 2026The global coiled tubing market size was estimated at USD 1.99 billion in 2025 and is projected to reach USD 2.79 billion by 2033, growing at a CAGR of 4.5% from 2026 to 2033. According to the U.S. Energy Information Administration (EIA), global liquid fuel consumption is expected to rea... Read More »
January 2026The global pumps market size was estimated at USD 61,876.6 million in 2025 and is projected to reach USD 89,175.3 million by 2033, growing at a CAGR of 4.8% from 2026 to 2033. The pump market is witnessing growth driven by their essential dual functions, enhancing fluid pressure and incr... Read More »
December 2025The North America piling machine market size was estimated at USD 1,009.1 million in 2024 and is projected to reach USD 1,365.5 million by 2033, growing at a CAGR of 3.5% from 2025 to 2033. Government initiatives, particularly in the U.S., are driving investments in transportation networ... Read More »
October 2025Saudi Arabia’s industrial transformation initiatives, robust regulatory reforms, and major investments are redefining the mining sector as a pillar of economic diversification under Vision 2030. In March 2020, a World Bank article projected that the production of minerals such as g... Read More »
September 2025The U.S. froth flotation chemicals market size was valued at USD 286.7 million in 2024 and is projected to reach USD 379.5 million by 2033, growing at a CAGR of 3.1% from 2025 to 2033. The growth is attributed to strong demand from its mining industry, especially for copper, gold, molybd... Read More »
June 2025The global froth flotation chemicals market size was estimated at USD 1,742.6 million in 2024, and is projected to reach USD 2,541.6 million by 2033, growing at a CAGR of 4.4% from 2025 to 2033. The growth is attributed to the demand for mining chemicals, which is growing steadily due to... Read More »
June 2025The global sodium bromide market size was estimated at USD 276.7 million in 2024 and is projected to reach USD 385.5 million by 2030, growing at a CAGR of 5.6% from 2025 to 2030. Market growth is driven by its applications in oil and gas drilling fluids, water treatment, pharmaceuticals,... Read More »
June 2025The global calcium bromide market size was estimated at USD 995.9 million in 2024 and is projected to reach USD 1,376.9 million by 2030, growing at a CAGR of 5.0% from 2025 to 2030. The global market is poised for consistent growth through 2030, supported by rising demand in oil & ga... Read More »
May 2025The global oil spill management market size was valued at USD 151.61 billion in 2024 and is projected to reach USD 183.50 billion by 2030, growing at a CAGR of 3.3% from 2025 to 2030. Increasing safety concerns coupled with rising oil spill incidents globally over the last few years... Read More »
April 2025The global industrial diamond market size was estimated at USD 1.8 billion in 2024 and is projected to reach USD 2.5 billion by 2030, growing at a CAGR of 6.0% from 2025 to 2030. Innovations in synthetic diamond production are enhancing the quality and versatility of industrial diamonds, making them increasingl... Read More »
February 2025The North America stainless steel round bar market size was valued at USD 1.01 billion in 2023 and is projected to grow at a CAGR of 8.2% from 2024 to 2030. Increasing adoption in multiple industries such as construction, manufacturing, energy, medical equipment, and others for various p... Read More »
January 2025The global oil & gas drill bits market size was valued at USD 5.9 billion in 2023 and is projected to grow at a CAGR of 9.9% from 2024 to 2030... Read More »
December 2024The global oilfield equipment market size was valued at USD 126.91 billion in 2023 and is projected to reach USD 156.50 billion by 2030, growing at a CAGR of 3.1% from 2024 to 2030. This growth is attributable to increasing energy demand, technological advancement in oilfield e... Read More »
November 2024The global drilling fluids market size was estimated at USD 8,707.8 million in 2024 and is expected to reach USD 11,274.8 million by 2030, growing at a CAGR of 4.4% from 2025 to 2030. The growth of the oil and gas market, mainly driven by increasing demand from the energy sector, is... Read More »
November 2024The U.S. industrial pump market size was estimated at USD 5.14 billion in 2024. It is expected to expand at a CAGR of 3.4% from 2025 to 2030. This growth is attributed to infrastructure modernization and stringent environmental regulations are significant contributors, as they necessitat... Read More »
October 2024The global offshore mooring systems market size was valued at USD 1.56 billion in 2023 and is projected to grow at a CAGR of 4.2% from 2024 to 2030. Rapid expansion of oil and gas E&P from the offshore fields along with the rising development of high-temperature gas hydrate basins fo... Read More »
October 2024The Europe oilfield equipment market size was valued at USD 18.38 billion in 2023 and is projected to grow at a CAGR of 2.7% from 2024 to 2030. The market growth is driven by some prominent factors, including increasing energy requirements in the region and the growing number of activiti... Read More »
August 2024The global proppants market size was valued at USD 9.12 billion in 2023 and is projected to grow at a CAGR of 8.2% from 2024 to 2030. Advancements in fracturing technology and drilling techniques, along with the rise in proppants consumption per well, innovation in proppants technologies... Read More »
August 2024