Pharmaceutical Filtration Market Is Segmented On The Basis Of Product, Technique, Application, Scale Of Operation, And Region 2014-2025

Global Pharmaceutical Filtration Market is expected to reach USD 37.3 billion by the year 2025 growing at a CAGR of 12.1%, according to a new report by Grand View Research, Inc. The growing expansion of the biopharmaceutical industry have resulted in enormous growth of the market with new and more enhanced technologies being used to cater to the need of drug manufacturers. 

Increasing demand for therapeutic biopharmaceuticals such as antibodies, hormones, and vaccines is a major factor that drives growth of the market during forecast period. Thus, many pharmaceuticals and biotechnology companies have begun to focus on the development of advanced biologics for the treatment of severe chronic diseases including cancer, heart disease, and rheumatic arthritis. 

Increasing investment in the R&D by pharmaceutical and biotechnology companies is another major factor supporting the growth of the sector. Technological advancements in filtration products is also expected to propel their adoption in manufacturing and research of biopharmaceuticals and other drugs. The technological advanced filters including membrane, pre-filters & depth media, and cartridges & capsules filters provide high reliability and efficiency during drug manufacturing process.

Access Full Research Report on Global Pharmaceutical Filtration Market:
http://www.grandviewresearch.com/industry-analysis/pharmaceutical-filtration-market

Further Key Findings From The Report Suggest:

• Microfiltration is the fastest growing technique amongst others owing to its large application in generic and biopharmaceutical drug productions
• Final product processing was the largest revenue-grossing as well as fastest growing segment of the pharmaceutical filtration market, due to increase in number of companies engaged in pharmaceuticals and biologics production
• Membrane filters held the largest revenue share in the overall sector, which is attributed by its high usage in production, research, environmental testing, and other applications in the pharmaceutical industry
• MCE membrane filters accounted for the largest share in the membrane filters segment, due to its product advancement
• The manufacturing scale dominated the market in terms of revenue in 2016 owing to the increasing production of generic drugs and biopharmaceutical products
• North America is the leading regional sector, which is accounted for the largest revenue share of the overall market in 2016, because of the presence of large number of pharmaceutical, biopharmaceutical, and biotechnology companies in this region
• The Asia Pacific region is expected to grow at a highest CAGR during the forecast period due to escalating presence of drug manufacturers in the developing countries such as China and India
• Some of the major players include Eaton Corporation Plc; GE Healthcare, Parker Hannifin Corporation; Merck KGaA; Danaher Corporation, 3M; Amazon Filters Ltd.; Sartorius Stedim Biotech S.A.; Graver Technologies, LLC; and Meissner Filtration Products, Inc.  

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/biotechnology

Grand View Research has segmented the Global Pharmaceutical Filtration Market on the basis of Product, Technique, Application, Scale of Operation, And Region:

Product Outlook (Revenue, USD Million; 2014 - 2025)

• Membrane filters
• MCE membrane filters
• Coated cellulose acetate membrane filters
• PTFE membrane filters
• Nylon membrane filters
• PVDF membrane filters
• Other membrane filters
• Prefilters & depth media
• Glass fiber filters
• PTFE fiber filters
• Single-use systems
• Cartridges & capsules 
• Filter holders 
• Filtration accessories 
• Others

Technique Outlook (Revenue, USD Million; 2014 - 2025)

• Microfiltration
• Ultrafiltration
• Cross flow filtration 
• Nanofiltration
• Others

Application Outlook (Revenue, USD Million; 2014 - 2025)

• Final product processing
• Active pharmaceutical ingredient filtration
• Sterile filtration
• Protein purification
• Vaccines and antibody processing
• Formulation and filling solutions
• Viral clearance
• Raw material filtration
• Media buffer
• Pre-filtration
• Bioburden testing
• Cell separation
• Water purification
• Air purification

Scale of Operation Outlook (Revenue, USD Million; 2014 - 2025)

• Manufacturing scale
• Pilot scale
• Research & development scale

Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• Japan
• China
• India
• Latin America
• Brazil
• Mexico
• MEA
• South Africa

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-pharmaceutical-filtration-market

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Craft Beer Market Is Projected To Reach $502.9 Billion With A Growth Rate Of 19.9% By 2025

Global Craft Beer Market is expected to reach USD 502.9 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness substantial growth over the forecast period on account of the rising demand for low alcohol by volume (ABV) and flavored beer.

The government in countries including Australia, New Zealand, Belgium, Mexico, China, and the UK are promoting the production of craft beer and incorporation of new breweries on account of the positive contribution of the industry towards economic development and employment generation coupled with the willingness of the consumer to pay extra for better tasting brews.

Australia, Belgium, Germany, U.S. and New Zealand are the major craft beer producing countries with over 65% of the overall production in terms of value as well as volume. Belgian is the most preferred beer among the major craft beer consuming countries owing to the premium quality, clean taste and rich flavor & aroma of the brews.

Furthermore, the number of brewers in the global market is growing significantly on account of the rising demand for the product. As a result, the demand for grains such as barley, wheat, yeast, sugar, and hops is increasing substantially. However, the alternative applications of the raw materials are expected to lower the bargaining power of the brewers.

The demand for the pale ale, IPA, and amber ale is growing as these three craft products are widely preferred by the consumers owing to the balanced composition of the raw materials in the product including malt, hops, water, and yeast.

Access Full Research Report on Global Craft Beer Market:
http://www.grandviewresearch.com/industry-analysis/craft-beer-market

Further key findings from the report suggest:

• On-trade distribution of craft beer accounted for over 50% in 2015 of the overall volume share, which is primarily attributed to the high consumption of the product in restaurants, bars, and clubs in developed economies including UK, Australia, and Belgium.
• Off-trade distribution of the product is expected to witness significant growth in developing economies as the consumer spending power in these countries is low with high price of the product in on-trade distribution outlets as compared to its counterpart
• Europe is expected to account for the largest market share in terms of volume owing to the high consumer preference for flavored beer over other alcoholic spirits. In addition, increasing demand for IPA and pale ale in the region is expected to have a positive impact on the market growth.
• Middle East & Africa is expected to grow at a CAGR of 28.9% owing to the increasing penetration in South Africa. The growing consumer awareness about the wide range of flavors and styles of the product is expected to be a crucial factor for market growth in the country.
• Key players in the industry include The Boston Beer Company, The Gambrinus Company, D.G. Yuengling and Son, Stone & Wood Brewing Co. and Chimay Beers and Cheeses. These major players compete on the basis of acquiring new markets and increasing their product portfolio.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/ready-to-eat-processed-and-frozen-foods

Grand View Research has segmented the Global Craft Beer Market on the basis of distribution and region:

Craft Beer Market Distribution Outlook (Volume, Billion Liters; Revenue, USD Billion, 2014 - 2025)

• On-trade
• Off-trade

Craft Beer Market Region Outlook (Volume, Billion Liters; Revenue, USD Billion, 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• Australia
• China
• India
• Japan
• New Zealand
• Central & South America
• Brazil
• Middle East & Africa
• South Africa

View Blog on This Research Report By Grand View Research: http://www.grandviewresearch.com/blog/craft-beer-market-size-share      

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Cyber Security Market Is Segmented On The Basis Of Component, Security Type, Solutions, Services, Deployment, Organization, Application, And Region 2014-2024

Global Cyber Security Market is expected to reach USD 205.51 billion by 2024, according to a new report by Grand View Research, Inc. The dependence of enterprises on information technology and sensitive nature of digitally stored data has raised the stake for cyber-attackers with financial gain becoming a primary motive. 

Solution providers are indulging in research and development to develop next-generation security solutions. For instance, Science Applications International Corporation (SAIC) has developed an innovative cybersecurity technology that helps government protect critical data, mitigate risks, and establish a comprehensive defense against cyber-attacks. There is also a greater emphasis on the intelligence-led security as conventional security technologies, such as web, content management and network security, are failing to deliver the tracking of security incidents. 

The cybersecurity industry is expected to witness high demand for cloud-based applications as government organizations are opting for the cloud platform for data sharing.

Access Full Research Report on Global Cyber Security Market:
http://www.grandviewresearch.com/industry-analysis/cyber-security-market

Further key findings from the report suggest:

• The services segment is anticipated to grow at a CAGR of over 12% from 2016 to 2024. The growing demand for Security-as-a-Service (SaaS) and cloud-based solutions is expected to provide growth opportunities
• Healthcare industry is expected to reach over USD 30 billion by 2024. The health insurers are the prime target of the cyber-attacks, such as Advanced Persistent Threats (APTs) and spear phishing. The crimes and breaches in this sector are rising as the cost of stolen medical record is increasing.
• The North American cybersecurity industry is anticipated to reach over USD 61 billion by 2024. The increasing cybercrime costs are enabling the region to focus on building a strong resilience system for managing cybercrimes.
• MEA is expected to grow at a CAGR of over 12.5% from 2016 to 2024. The region is adopting digital technologies and applications at a faster pace, increasing the risk of cyber-attacks. The expansion of digitization throughout the region has made cybersecurity a necessity for organizations.
• The major players in the cybersecurity market include Fortinet Inc., Checkpoint Software Technologies Ltd, Cisco Systems Inc., Trend Micro Inc. and Symantec Corporation. The companies in the cyberspace are focusing on reducing the costs incurred in implementing security strategies by moving from solution-based products to service offerings The growing trend of security-as-a-service is increasing the adoption of services and key players are integrating with major service providers to fulfill consumer demand.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/network-security-software-and-services

Grand View Research has segmented the Global Cyber Security Market on the basis of component, security type, solutions, services, deployment, organization, application, and region:

Cyber security Component Outlook (Revenue, USD Billion, 2014 - 2024)

• Solution
• Services

Cyber security Security Type Outlook (Revenue, USD Billion, 2014 - 2024)

• Enterprise security
• Endpoint security
• Cloud security
• Network security
• Application security
• Others

Cyber security Solution Outlook (Revenue, USD Billion, 2014 - 2024)

• UTM
• IDS/IPS
• DLP
• IAM
• SIEM
• DDoS
• Risk and compliance
• Others

Cyber security Services Outlook (Revenue, USD Billion, 2014 - 2024)

• Professional services
• Managed services

Cyber security Deployment Outlook (Revenue, USD Billion, 2014 - 2024)

• Cloud
• On-premise

Cyber security Organization Outlook (Revenue, USD Billion, 2014 - 2024)

• Small and medium enterprise
• Large enterprises

Cyber security Application Outlook (Revenue, USD Billion, 2014 - 2024)

• IT & Telecom
• Retail
• BFSI
• Healthcare
• Defense/government
• Automotive
• Others

Cyber security Regional Outlook (Revenue, USD Billion, 2014 - 2024)

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• MEA

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-cyber-security-market    

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Curcumin Market Competitive Landscape by Company Profile, Financial Performance, Product and Strategic Initiatives 2012-2022

Global Curcumin Market is expected to reach USD 94.3 million by 2022, according to a new study by Grand View Research, Inc. Therapeutic properties of curcumin such as anti-inflammatory and anti-oxidant make them ideally suited for use in food and medical application. The market is expected to witness significant growth in light of the growing consumer awareness regarding the above mentioned therapeutic properties. Increasing demand for herbal and ayurvedic skin care products is also expected to boost demand for curcumin over the forecast period. Curcumin or turmeric extracts are also gaining importance owing to the lower bioavailability of raw turmeric which is mostly consumed in food products.

Pharmaceutical was the largest application segment accounting for over 50% of the global volume owing to an increasing demand for curcumin based OTC supplements. Curcumin demand in food application also increased in 2014 in terms of absolute volumes on account of growing demand for natural coloring and flavoring substances. Similar trends are expected to continue over the forecast period. Growing penetration of herbal skin care products is expected to further augment curcumin market growth. R&D in dye-sensitized PV technology is expected to open new market avenues for curcumin. 

Access Full Research Report on Global Curcumin Market:
http://www.grandviewresearch.com/industry-analysis/turmeric-extract-curcumin-market

Further key findings from the study suggest:

• North America was the largest regional market for curcumin with market revenue exceeding USD 20 million in 2014. Curcumin is an established ingredient for pharmaceutical application in the region which is expected to act as a major driver for market growth. In addition, growing use of turmeric extract or curcumin in cosmetic formulation is expected to further augment market demand over the forecast period.
• Curcumin production is highly dependent on turmeric production which is regional dominated by India. India is the largest manufacturer of curcumin with production exceeding 80% of global market. Low consumer awareness of curcumin as a health ingredient in India results in the country exporting majority of its product to North America and Europe.
• Europe is expected to be the fastest growing regional market for curcumin with demand estimated to grow at a CAGR of over 17% from 2015 to 2022. Regulatory support coupled with growing consumer awareness is expected to be a key factor responsible for high market growth in the region. European Food Safety Association (EFSA) has approved ADI of 3 mg/kg of body weight for curcumin making it a preferred pharmaceutical ingredient in turn resulting in increased market demand.
• Key players present in the global curcumin market include Arjuna Natural Extracts Ltd, Synthite Industries Ltd, Sabinsa Corporation and Helmigs Prima Sejahtera PT. Arjuna Natural Extract ltd has a patent for curcumin formulation from turmeric which signified the extensive R&D in the market.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances

For the purpose of this study, Grand View Research has segmented the Global Curcumin Market on the basis of product and region:

Global Curcumin Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

• Pharmaceuticals
• Food
• Cosmetic
• Others

Global Curcumin Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

• North America
• U.S.
• Europe
• Germany
• Denmark
• Asia Pacific
• Japan
• India
• Indonesia
• RoW

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/curcumin-market   

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Cryogenic Equipment Market Is Segmented On the basis of product, gas, application, end-use, and region 2012-2022

Global Cryogenic Equipment Market is expected to reach USD 25.05 billion by 2022, according to a new report by Grand View Research, Inc. Stringent government initiatives and investments in emerging markets such as Brazil and India are expected to impel the product demand over the forecast period. Shale gas exploration has resulted in high natural gas production, thereby escalating demand in the oil & gas sector. Cryogenic equipment is widely used in LNG storage and transportation. LNG being an extremely low emission fuel is preferred by several regulatory bodies addressing environmental concerns, thereby driving the cryogenic equipment demand.

Rapid industrialization has led to widespread adoption of this equipment in the metallurgy industry. Development in metal design has resulted in the development of enhanced techniques for handling liquids and is expected to fuel market demand over the forecast period.

Access Full Research Report on Global Cryogenic Equipment Market:
http://www.grandviewresearch.com/industry-analysis/cryogenic-equipment-market

Further key findings from the report suggest:

• Tanks accounted for over 55% of the overall revenue in 2014. The need to store gases for several critical industrial processes as against conventional cooling lubricants (CLFs) is anticipated to drive the product demand over forecast period.
• Storage segment contributed over 65% of the overall revenue and is projected to display substantial growth with a CAGR exceeding 8% from 2015 to 2022. It provides a consistent and accurate temperature for storage and is expected to play a vital role in driving demand.
• Growth in the power & energy segment can be primarily attributed to rapid industrialization and several government initiatives. The segment accounted for over 20% of the revenue in 2014.
• Asia Pacific emerged as a dominant region with market size over USD 4.0 billion in 2014. The quest for Liquefied Natural Gas (LNG) in Asia Pacific is expected to drive growth over the forecast period, making it the highest revenue generating region.
• North America cryogenic equipment market is anticipated to experience significant growth over the forecast period. The North American food & beverage industry has witnessed a substantial growth over the last few years; a trend anticipated to provide an impetus for future market growth.
• Key market participants include Cryo pure, Packo Industry, Cryofab, Shell-N-Tube, Cryodepot, and Taylor-Wharton International LLC. Industry participants strive to focus on innovation and technical knowledge while simultaneously trying to own several patents and trademarks along with R&D activities. Purveyors abide by regulations such as DOE 6430.1A, DOE 5481.1B, DOE 5700.6C, CGA Pamphlet P-1, CGA Pamphlet S-1.1, ASME, and ASME B31.3 to manufacture safe and functional equipment.

View more reports of this category by Grand View Research at: 

http://www.grandviewresearch.com/industry/hvac-and-construction-technologies 

Grand View Research has segmented the Global Cryogenic Equipment Market based on product, gas, application, end-use, and region:

Cryogenic Equipment Product Outlook (Revenue, USD Million; 2012 - 2022)

• Tank
• Valve
• Pumps & Vaporizers
• Vacuum Jacketed Piping (VJP)
• Others

Cryogenic Equipment Gas Outlook (Revenue, USD Million; 2012 - 2022)

• Nitrogen
• Oxygen
• Argon
• Natural Gas
• Others

Cryogenic Equipment Application Outlook (Revenue, USD Million; 2012 - 2022)

• Distribution
• Storage

Cryogenic Equipment End-Use Outlook (Revenue, USD Million; 2012 - 2022)

• Oil & Gas
• Metallurgy
• Electronics
• Power & Energy
• Food & Beverage
• Healthcare
• Marine

Cryogenic Equipment Regional Outlook (Revenue, USD Million; 2012 - 2022)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-cryogenic-equipment-market  

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Crop Protection Chemicals Market Is Segmented On The Basis Of Product, Application And Region 2012-2022

Global Crop Protection Chemicals Market size was 2,300.0 kilo tons in 2014 and is expected to grow owing to rapid population growth need for high yield crops and reduced arable or cultivable land. These chemicals deal with managing weeds, plant diseases and pests which damage forestry, agricultural crops, field crops, vegetable crops, fruit and horticulture crops.

Rising awareness regarding ill-effects of contaminated food on health has led to an increasing demand for crop protection chemicals. Increase in harmful species including weeds, nematodes and crop insects disrupting the growth of the crops is expected to augment the market demand significantly. The market is anticipated to reach USD 90.09 billion by 2022.

Herbicides market was valued at USD 18.11 billion in 2014. They are extensively used owing to their property of selective destruction of unwanted weeds leaving desired crops unharmed. In addition, increasing availability of organic herbicides as well as products exhibiting properties similar to natural plant hormones is expected to bolster growth.

Demand for insecticides was 805.4 kilo tons in 2014. Asia Pacific demand for insecticides was driven by rising usage of chemicals in emerging economies including India and China. Climatic conditions resulting in the presence of pests which adversely hamper crop yield has resulted in driving demand for the product in the region over the past few years and the trend is anticipated to continue over the forecast period.

Access Full Research Report on Global Crop Protection Chemicals Market:
http://www.grandviewresearch.com/industry-analysis/crop-protection-chemicals-market

Fungicides accounted for about 22.7% of the industry volume in 2014. Favorable climatic conditions across major crop producing regions is one reason to propel the demand of the chemicals. Fungicides are available in forms of eradicants and protectants.

Cereals accounted for 19.0 % of the crop protection chemicals industry volume in 2014, due to its increasing demand in Latin America and Asia Pacific, where traditional food grains and pulses are consumed in a larger amount. This trend is expected to continue owing to the rising demand for healthy foods and an exponentially increasing consumer base.

Cotton was the largest application valued at USD 12.65 billion in 2014, owing to the rising demand of agrochemicals used in cotton production. Growing demand for cotton to manufacture apparel, technical textiles and home furnishings is expected to drive industry growth.

Fruits &vegetables accounted for over 17.0% of the total revenue in 2014. Rising popularity of biopesticides which allow for direct consumption of crops will propel demand over the forecast period.

North America dominated the global industry owing to high adoption of modern farming practices. The market is expected to grow at a CAGR of 7.3%, in terms of volume, from 2015 to 2022, due to increasing consumer awareness about side-effects of using synthetic pesticides.

Asia Pacific crop protection chemical market was valued at USD 14.03 billion in 2014. Growing population coupled with rising demand for crops in emerging economies of the region is expected to drive growth over the forecast period. Moreover, several economies in the region rely heavily on the agricultural sector, which is expected to further augment demand.

Crop protection chemical demand in Europe was 696.4 kilo tons in 2014. Growing demand for biopesticides on account of rising consumer awareness regarding the adverse effects of chemicals on the ecology is expected to drive growth.

Key players in the market include Monsanto, American Vanguard, Bayer CropScience, Arysta LifeScience, BioWorks, Chemtura Corp, BASF SE, Cheminova, Dow AgroSciences, DuPont, Ishihara Sangyo Kaisha, FMC Corp, Isagro SpA, Makhteshim Agan, Marrone Bio Innovations, Nufarm Ltd, Sumitomo Chemical, Novozymes A/S, Monsanto, Natural Industries Syngenta AG, and Valent Biosciences.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/agrochemicals-and-fertilizers

Grand View Research has segmented the Global Crop Protection Chemicals Market on the basis of product, application and region:

Crop Protection Chemicals Product Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2012 - 2022)

• Herbicides
• Fungicides
• Insecticides
• Others

Crop Protection Chemicals Application Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2012 - 2022)

• Fruits & vegetables
• Cereals
• Maize
• Cotton
• Rice
• Others

Crop Protection Chemicals Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• ROW

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-crop-protection-chemicals-Market  

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Coiled Tubing Market is expected to grow at a CAGR of 5.1% from 2017 to 2025

Global Coiled Tubing (CT) Market is expected to reach USD 4.9 billion by 2025, according to a new report by Grand View Research, Inc. Globally, declining oil production and increasing number of exploration & production activities are anticipated to drive the market growth in the next eight years. In addition, a shift in the trend for developing unconventional oil blocks globally, will boost the market demand. 

Regulations in countries enhancing exploration & production activities will be a supporting factor for the market growth. Favorable initiatives by Chinese and the U.S. governments in the form of relaxed provision of FDI, tax incentives, and other financial aids is estimated to back up the industry growth. However, public concerns and several bans concerning harmful impacts of the technology mainly in countries such as South Africa, France, Tunisia, Romania, and Bulgaria are anticipated to remain key challenges for the industry players over the next few years.

Well intervention is a major service provided by CT technology. the service is carried out in to extend the life of a producing well by improving its performance. Some of the well intervention service includes well completion, well cleaning, and wireline. Sand clean out is the most common well intervention application. It is a complex process and requires pumping a fluid or gasses into the well.

Full Research Report on Coiled Tubing (CT) Market
http://www.grandviewresearch.com/industry-analysis/coiled-tubing-ct-market

Further key findings from the report suggest:

• The global coiled tubing market was worth USD 3.25 billion in 2015. The market is expected to grow at a CAGR of 5.1% from 2017 to 2025
• Pumping was the major operation segment in the year 2016 and is expected to grow at a CAGR of 3.9% from 2017 to 2025
• Circulation operational segment is expected to be the fastest-growing segment over the forecast period
• Offshore segment is expected to be the fastest growing segment, owing to newly discovered oil wells in the deep waters
• North America was the largest market in 2015. It is expected to gain share on account of increasing E&P activities, particularly in the deep sea.
• Asia Pacific market is expected to grow at a CAGR of 5.8% from 2017 to 2025, owing to favorable government regulations and rising foreign investment in the region
• Market is moderately consolidated and experiences the presence of giant and large companies across the value chain
• Schlumberger, Baker Hughes, Halliburton, Weatherford International Inc, Archer Limited, Calfrac Well Services Ltd, Cudd Energy Services, Superior Energy Services Inc., Trican Well Service Ltd., and C&J Energy Services, Inc. are the prime companies operating in the market.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/oil-and-gas-drilling-and-extraction-equipments

For the purpose of this report, Grand View Research has segmented the Global Coiled Tubing Market on the basis of Service, operation, application and region:

Coiled Tubing Services Outlook (Volume, Units; Revenue, USD Million, 2014 - 2025)

• Well Intervention
• Well Completion
• Well Cleaning
• Others
• Drilling
• Others

Coiled Tubing Operation Outlook (Volume, Units; Revenue, USD Million, 2014 - 2025)

• Circulation/Deliquification
• Pumping
• Logging
• Perforation
• Others

Coiled Tubing Application Outlook (Volume, Units; Revenue, USD Million, 2014 - 2025)

• Onshore
• Offshore

Coiled Tubing Regional Outlook (Volume, Units; Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Russia
• Poland
• Asia Pacific
• China
• Australia
• Central & South America
• Argentina
• Brazil
• Middle East & Africa
• South Africa
• UAE
• Algeria

View Blog On This Research Report By Grand View Research: http://www.grandviewresearch.com/blog/coiled-tubing-market-size-share  

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com