Wood And Laminate Flooring Market Analysis By Product, Application And Segment Forecast Up To 2020

Global Wood And Laminate Flooring Market is expected to reach USD 92.64 billion by 2020, according to a new study by Grand View Research, Inc. Technological advancements have led to the development of new innovative products and do-it-yourself (DIY) installation techniques, which has substantially widened the scope across residential as well as commercial flooring applications. Increasing demand in the new construction and home improvement sectors is expected to be the key driving force for the wood & laminate flooring market over the forecast period.

Raw material costs have had a significant impact on the wood & laminate flooring industry. The volatile prices of wood and other raw materials and the increasing costs of production are expected to challenge wood & laminate flooring industry growth over the forecast period. Stringent laws and regulations against deforestation by governments across the globe and the consequent need of imports of raw materials have shrunk manufacturers’ profits to a large extent. Increasing concern over environmental impact has considerably affected the wood & laminate flooring market.

Full Research Report on Global Wood And Laminate Flooring Market Analysis: http://www.grandviewresearch.com/industry-analysis/wood-and-laminate-flooring-market

Further key findings from the study suggest:

• Engineered wooden floors have gained prominence over the last few years owing to favorable characteristics such as cost-effectiveness, exclusiveness, and dimensional stability. Solid wood constitutes a significant market share owing to its moderate price, albeit installation and finishing considerably increase the total time and cost requirements. Although a vast majority of the market is comprised of hardwood species, softwood flooring is used in niche applications.
• Wood & laminate flooring is primarily preferred in residential applications with residential replacement generating significant demand. Residential new construction and commercial sectors such as retail have increasingly adopted wood & laminate flooring solutions. Owing to their ability to sustain high traffic, laminate flooring has witnessed a surge in demand from commercial sectors.
• Increased demand from the BRIC countries (Brazil, Russia, India, and China) is expected to open up new avenues for wood & laminate flooring market growth over the forecast period. Changing lifestyles coupled with increasing construction activity in Asia Pacific are expected to propel market growth in the region. Wood flooring demand in regions experiencing perennially cold climatic regions such as the U.S. and majority of the European countries is expected to be augmented as wood helps to maintain warmth.
• Key wood & laminate flooring market players include Shaw Industries, Pergo, Mohawk Industries, Millstead, Mannington Mills, Interface, Bruce, and Armstrong. Emerging market players have innovated to make their presence felt in the industry. Some of the recent trends include Smith & Fong Corporation’s side-ways flooring and Columbia Forest Products’ & Teragren’s PureBond technology flooring.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

For the purpose of this study, Grand View Research has segmented the Global Wood And Laminate Flooring Market on the basis of product, application, and region:

Wood & Laminate Flooring Product Outlook (Volume, Billion Square Feet & Revenue, USD Billion; 2012 - 2020)

• Wood Flooring
• Red oak
• White oak
• Maple
• Others
• Laminate Flooring

Wood & Laminate Flooring Application Outlook (Volume, Billion Square Feet & Revenue, USD Billion; 2012 - 2020)

• Residential
• Commercial
• Industrial

Wood & Laminate Flooring Regional Outlook (Volume, Billion Square Feet & Revenue, USD Billion; 2012 - 2020)

• 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-wood-and-laminate-flooring-market                           

About Grand View ResearchGrand 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: www.grandviewresearch.com

Wood Plastic Composite (WPC) Market Analysis by Type, Application, Region, Global Trends and Forecasts Up To 2024

Global Wood Plastic Composite Market is expected to reach USD 9.77 billion by 2024, according to a new report by Grand View Research, Inc. Increasing demand for wood plastic composites in construction industry particularly in decking, fencing, and molding & siding applications is expected to be the key driver for the market growth. Superior mechanical strength, low maintenance and weight reduction offered by these products are expected to propel demand in the construction industry over the next eight years.

Rising automakers focus towards making every automotive part biodegradable, and recyclable is expected to open new avenues for the material over the next eight years. The product is used in door panels, seat cushions, cabin linings, backrests, and dashboards. The most commonly used wood species for commercial wood plastic composite products include maple, oak, and pine. Product cost and regional availability of raw material are expected to be a key factor for wood plastic composites manufacturers over the projected period.

Rising application scope for wood plastic composites for manufacturing various other products including musical instruments, shoe soles, toys, and trays is expected to have a positive impact on the market growth. Growing demand for bio-plastics in niche applications such as household electronics and edge protection for packaging is expected to propel demand over the projected period. 

Full Research Report on Wood Plastic Composite (WPC) Market Analysis: http://www.grandviewresearch.com/industry-analysis/wood-plastic-composites-market

Further key findings from the report suggest:

• North America was the largest segment for the Wood Plastic Composite market in 2015 accounting over 45% of the global volume. Growing construction sector in the region owing to rising investments in new infrastructure projects is expected to augment growth. Furthermore, increasing residential and commercial building renovation activities in the region is expected to      have a positive impact on the growth.
• Polyethylene based wood plastic composites dominated the industry accounting over 55% of the market share. Excellent molecular bonding stability and structure offered by polypropylene, which makes the product robust, is expected to be a key factor for the product demand.
• Europe demand for wood plastic composites in automotive applications was valued over USD 65 million in 2015. Automotive industry is the most crucial sector in the Europe and accounts over 4% of European GDP. Germany dominated the premium car production in 2015 accounting over 40% of the total market. Adoption of new technologies, increasing use of bio-based products and high investments in R&D are expected to open new avenues for the product market.
• Key players in the industry include Advanced Environmental Recycling Technologies, Inc., Axion International, Inc., Fkur Kunststoff GmbH, Beologic N.V., Certainteed, Fiberon, LLC, JELU-WERK J. Ehrler GmbH & Co. KG, Guangzhou Kindwood Co. Ltd., Josef Ehrler GmbH & Co. Kg, Polymera, Inc., Renolit, Polyplank AB, Tamko Building Products, Inc., Timbertech and Trex Company, Inc.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber

Grand View Research has segmented the Wood Plastic Composite (WPC) Market on the basis of product, application and region:

Wood Plastic Composite Market Product Outlook (Volume, KiloTons; Revenue, USD Million, 2013 - 2024)

• Polyethylene
• Polypropylene
• Polyvinylchloride
• Others

Wood Plastic Composite Market Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Automotive components
• Building and construction
• Decking
• Molding & siding
• Fencing
• Industrial and consumer goods
• Others

Wood Plastic Composite Market Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Russia
• Asia Pacific
• China
• India
• Japan
• Australia
• New Zealand
• Latin America
• Brazil
• Middle East & Africa

View Press Release Of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-wood-plastic-composite-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: www.grandviewresearch.com

Prostate Cancer Therapeutics Market Is Expected To Grow At A CAGR Of 4.8% Over The Forecast Period 2014-2025

Global Prostate CancerTherapeutics Market is expected to reach USD 12.0 billion by 2025, according to a new report by Grand View Research, Inc. According to the American Cancer Society, approximately 1 in 7 men will be diagnosed with prostate cancer in their lifetime. As per Cancer Research, a government institute, in the UK, 46,690 new cases of prostate cancer were diagnosed out of which 11,287 patients died in 2014. 

Supportive initiatives undertaken by key players in collaboration with various governments to create more awareness of clinical symptoms about prostate cancer and availability of screening & diagnostic tests such as Prostate-Specific Antigen (PSA) and Digital Rectal Exam (DRE) resulting in early detection. Early detection helps in quick and on time treatment and assists in deciding treatment regimens. In addition, major players including Astella, Inc., Sanofi, Dendreon Corporation, AstraZeneca, and Johnson & Johnson are focusing on development of effective and safe therapeutic products to treat tumor. Moreover, these players have various established brands such as Zytiga, Xtandi, Eligard, Taxotere, Provenge, and Xofigo, which hold a strong position in the market. In addition, there are many drugs in pipeline such as Tc-99m (Progenics), radium-223 dichloride (Xofigo, Bayer), and ODM-201 (Orion and Bayer), which are in their phase 3 studies and are expected to enter the market during the forecast period. In addition, patents of many existing products are expiring during the forecast period. As a result, generic products are anticipated to penetrate the market. All these factors together are expected to propel growth.

In Canada, Prostate Cancer Foundation of Canada supports research, cure, and prevention of prostate cancer through an online portal. This portal provides detailed information regarding symptoms, diagnosis, and commercially available treatment options. Such portals offer free access to people all around the world, which is resulting in growth.

Full Research Report On Global Prostate Cancer Therapeutics Market Analysis: http://www.grandviewresearch.com/industry-analysis/prostate-cancer-therapeutics-market

Further key findings from the study suggest:

• The growing incidence of prostate cancer across the globe is expected to drive growth
• The market is segmented into hormonal therapy including Luteinizing Hormone Releasing Hormone (LHRH) agonist, LHRH antagonist & antiandrogen; chemotherapy; immunotherapy, and targeted therapy
• Zytiga (Johnson & Johnson) is considered as a gold standard product for the treatment of prostate cancer and holds a strong position. However, Xtandi (Astella, Inc.) and Zytiga are competing with each other. The degree of competition is projected to elevate during the forecast period. Thus, hormonal therapy holds the largest share.
• Provenge (Dendreon Corporation) is the only immunotherapy drug mainly used in the treatment of advanced or metastasis of such cancerous cells
• In addition, there are many promising immunotherapy drugs in the pipeline such as INO-5150 SynCon and PROSTVAC (Bavarian Nordic), which are expected to enter the market in the near future. Thus, this drug class is projected to be the fastest growing segment.
• North America dominated the global market. Rising prevalence and mortality rate associated with such tumors in the U.S. is the primary reason for the dominance of the region.
• Asia Pacific is anticipated to be the fastest growing region over the forecast period. Rising awareness regarding prostate cancer in Asian countries including China, Japan, & India, would be the major factor driving the growth.
• Some of the major players include, but are not limited to, Johnson & Johnson; Astella, Inc.; Sanofi; Ipsen; Bayer AG; AstraZeneca; Valeant Pharmaceuticals North America LLC (Dendreon Corporation). These major players dominate the market owing to their strong brand identity and extensive geographic reach.

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

Grand View Research has segmented the Global Prostate Cancer Therapeutics Market by drug and region:

Drugs Outlook (Revenue, USD billion; 2014 - 2025)

• Hormonal Therapy
• Luteinizing Hormone-Releasing ormone (LHRH) Antagonists

§  Zytiga

§  Gonax

·         Luteinizing Hormone-Releasing Hormone (LHRH) Agonists

§  Lupron

§  Zoladex

§  Eligard

§  Decapeptyl

§  Vantas

§  Others

·         Anti-Androgen

§  Xtandi

§  Casodex

·         Chemotherapy

§  Taxotere

§  Jevtana

·         Immunotherapy

§  Provenge

·         Targeted Therapy

§  Xofigo

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

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

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-prostate-cancer-therapeutics-market                        

About Grand View ResearchGrand 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: www.grandviewresearch.com

Burn Care Market Is Anticipated To Growing At A Growth Rate 6.7% During Forecast Period 2014-2025

Global Burn Care Market is expected to reach USD 2.98 billion by 2025, according to a new report by Grand View Research, Inc. Increasing incidence of burn injuries is anticipated to fuel the demand for cost-effective treatment over the forecast period. The introduction of advanced treatment options such as reconstructive surgery and skin graft or bio membrane are expected to upsurge the demand for these products over the coming years.

Favorable government initiatives such as reimbursement policies that cover almost 70% to 100% of the treatment cost, upsurge the adoption of advanced wound care products during the forecast period. In addition, government organizations including the World Health Organization (WHO) and non-profit organizations like the American Burn Association (ABA) are contributing toward raising awareness amongst consumers, which is anticipated to contribute to the growth of the market.

For instance, the WHO entered into a collaborative agreement with the International Society for Burn Injuries to develop the strategies for improving care & prevention of incidence at a global level. Furthermore, various non-profit organizations undertake initiatives such as the British Burn Association offers knowledge on best cure and rehabilitation available and the Canadian Association of Burn Nurses provides assistance for the remedy of patients.

Full Research Report on Global Burn Care Market Analysis: http://www.grandviewresearch.com/industry-analysis/burn-care-market

Further key findings from the study suggest:

• The advanced dressing segment dominates the overall product segment as of 2016 due to higher adoption by consumers
• Biologics treatment option is expected to exhibit higher growth during the forecast period due to the benefits offered with its usage such as accelerated wound healing
• Partial-thickness wound segment is anticipated to showcase the highest growth owing to the rising number of injury cases because of fire, which damage more than 15% of their body
• The outpatient care unit segment is anticipated to grow at the fastest CAGR in coming years as the minor and partial-thickness wounds do not require any hospital admissions
• The Asia Pacific market is projected to witness fastest growth due to rising incidence of burn cases coupled with growing awareness pertaining to the available cure
• The industry is facing strong competition as the major players are focusing on the development of technologically efficient treatment options
• Companies are focusing toward strategies such as the distribution channel enhancement and product portfolio expansion to gain competitive advantage over the forecast period

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

Grand View Research has segmented the Global Burn Care Market on the basis of the product, depth of the wound, end-use, and region:

Burn Care Product Outlook (Revenue, USD Million, 2014 - 2025)

• Advanced dressing
• Alginate dressing
• Collagen dressing
• Hydrogel dressing
• Hydrocolloid dressing
• Wound contact layers
• Film dressing
• Foam dressing
• Biologics
• Traditional burn care products
• Others

Burn Care Depth of Wound Outlook (Revenue, USD Million, 2014 - 2025)

• Minor burns
• Partial thickness burns
• Full thickness burns

Burn Care End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Hospitals
• Inpatient
• Outpatient
• Clinics
• Others

Burn Care Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Italy
• Spain
• Asia Pacific
• Japan
• China
• India
• Latin America
• Brazil
• Mexico
• The Middle East and Africa
• South Africa

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-burn-care-market                       

About Grand View ResearchGrand 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: www.grandviewresearch.com

Wearable Technology Industry Outlook By Executive Summary, Value Chain Analysis, Market Dynamics And Market Restraint 2012-2022

Global Wearable Technology Market is anticipated to reach USD 196.5 billion by 2022, according to a new study by Grand View Research, Inc. Research and development investment by large number of industry player is expected to fuel growth over the forecast period.

Increasing disposable income worldwide is expected to fuel industry growth over the forecast period. Technological advancement, price, quality, and battery life influence the buying decision of the end-users. The emergence of 3D printing solution and crowd funding is expected to positively impact the wearable technology market.

Increasing smartphone penetration worldwide is expected to propel industry growth over the forecast period, owing to increasing wearable device compatibility. Advancement in semiconductor electronics is expected to favor more efficient and effective products, thereby fuel revenue growth over the next seven years.

Various health and economic benefits are expected to contribute to overall industry development. For instance, advertisement agencies can bring down research cost through the use of eye-wear, which can allow enhanced data collection of customers’ feedbacks. Low battery life and high cost of some of the devices may hinder the industry growth over the forecast period. Data privacy concern may also adversely affect the industry demand.

Full Research Report on Global Wearable Technology Market Analysis:
http://www.grandviewresearch.com/industry-analysis/wearable-technology-market

Further key findings from the study suggest:

• The global industry is innovation driven and continuously evolving. The products available in the market include wrist-wear, neck-wear, body-wear, eye-wear and foot-wear. Companies such as Nike, Garmin, GOQii are offering wrist-wear for fitness and sport and healthcare application.
• Applications include healthcare, fitness and wellness, infotainment, enterprise and industrial, and defense. Increasing concern about fitness and health among urban population is anticipated to drive demand over the forecast period. Advancement in virtual reality technology is expected to favor the infotainment segment over the next seven years. Government initiative to enhance their defense capability and provide soldiers with advanced technology is anticipated to drive investment in this sector.
• North America wearable technology market is estimated to be the key regional segment and is anticipated to grow at a CAGR of around 32% over the next seven years. Increasing in awareness about the benefit of this technology will drive demand in Asia Pacific over the forecast period. Asia Pacific is expected to be key component manufacturing hub over the forecast period owing to availability of cheap resources. The region was valued over USD 3 billion in 2014, and is expected to grow at a CAGR of over 36% from 2015 to 2022.
• Companies operating in the industry include Apple Inc., Adidas AG, Garmin, Fitbit, Nike, Inc., Google Inc., Jawbone, Sony Corp, Samsung Electronics Co. Ltd., and Xiaomi. In March 2014, Google Inc. launched Android operating system for wearable technology. CuteCircuit Technologies is a company that designs and develops wearable garments for both men and women.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the Global Wearable Technology Market on the basis of product, application and region:

Wearable Technology Product Outlook (USD Billion, 2012 - 2022)

• Wrist-wear
• Eye-wear
• Foot-wear
• Neck-wear
• Body-wear
• Others

Wearable Technology Application Outlook (USD Billion, 2012 - 2022)

• Fitness and sports
• Healthcare
• Infotainment
• Defense
• Enterprise and industrial

Wearable Technology Regional Outlook (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-wearable-technology-market                        

About Grand View ResearchGrand 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: www.grandviewresearch.com

Weight Management Market Is Expected To Grow At A CAGR Of 8.3% Over The Forecast Period 2014-2025

Global Weight Management Market is expected to reach USD 442.3 billion by 2025, according to a new report by Grand View Research, Inc. Rising number of overweight and obese population coupled with rising popularity of various commercially available solutions is fueling the growth.

Increasing initiatives undertaken by market players in collaboration with the government to raise awareness about the adverse impact on health due to obesity are further anticipated to drive the market demand. The overweight and obese population are more prone to chronic diseases including diabetes, hypertension, and orthopedic diseases. Thus, rising awareness about weight management techniques is driving the market growth.

Thanks to westernization and urbanization, there is an increasing preference toward processed food as an alternative to home-cooked food. The increase in number of nuclear families coupled with a rise in the working population have fueled the demand for easily accessible & inexpensive fast food and takeaway meals. According to Statista, in 2015, revenue of fast food industry in the U.S was 203.2 billion. A hectic schedule coupled with increasing stress are resulting in higher intake of outside and takeaway food. This trend is anticipated to trigger the market growth.

Full Research Report on Global Weight Management Market Analysis:
http://www.grandviewresearch.com/industry-analysis/weight-management-market

Further Key Findings From the Study Suggest:

• The growing prevalence of obesity primarily due to sedentary lifestyle and lesser physical activities is augmenting market growth
• The rising awareness of available solutions for weight loss and management is driving the growth
• In diet, the beverage segment holds the largest share owing to increasing consciousness amongst people about their eating habits and adoption of general & personalized diet plans for better metabolism and losing the extra weight. Whereas, rising popularity of supplements, shake mix, tablets, and capsules are projected to grow over the forecast period
• Fitness equipment such as cardiovascular training, strength building, and other equipment used in maintaining the weight account for the largest share in weight management
• Increasing R&D for developing minimally invasive and noninvasive equipment are anticipated to increase the usage of surgical equipment over the forecast period
• The fitness center services segment held the largest share of market, however with digitalization, online weight loss services are anticipated to grow over the forecast period
• In 2016, North America dominated the global market with the largest revenue share of over 46.0%, due to the rising overweight population and commercial availability of minimally invasive procedures and noninvasive equipment
• Asia Pacific is expected to emerge as the fastest growing region during the forecast period, primarily due to growing awareness about the importance of losing & management of extra weight in order to avoid adverse health effects coupled with improving healthcare infrastructure and emerging medical tourism
• Some of the major players are Herbalife International, Inc.; NutriSystem, Inc.; Weight Watchers International, Inc.; eDiets.com; BRUNSWICK CORPORATION; Ethicon US, LLC; and GOLD'S GYM

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

Grand View Research has segmented the Global Weight Management Market by diet, equipment, services, and region:

Global Weight Management Diet Outlook (Revenue, USD Billion; 2014 - 2025)

• Diet
• Meals
• Beverages
• Supplements

Global Weight Management Equipment Outlook (Revenue, USD Billion; 2014 - 2025)

• Fitness equipment
• Cardiovascular training equipment
• Strength Training equipment
• Others
• Surgical equipment
• Minimally invasive/Bariatric equipment
• Noninvasive surgical equipment

Global Weight Management Services Outlook (Revenue, USD Billion; 2014 - 2025)

• Fitness centers
• Sliming centers
• Consultation services
• Online weight loss services

Weight Management Regional Outlook (Revenue, USD Billion; 2014 - 2025)

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

View Blog On this research report by Grand View Research: http://www.grandviewresearch.com/blog/weight-management-market-size-share                       

About Grand View ResearchGrand 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: www.grandviewresearch.com

Well Intervention Market Is Expected To Grow At A CAGR Of 4.2% From 2017 To 2025

Global Well Intervention Market is expected to reach USD 17.76 billion by 2025, according to a new report by Grand View Research, Inc. Development of new oilfields has been a major factor driving market growth. Employment of well intervention services has increased owing to the growing need for energy. 

Well intervention services have various uses in drilling operations including, monitoring pressure & temperature at the reservoir. It is also utilized for transporting fluids and gasses to and fro the reservoir, stimulating the well and making it ready for production by increasing the flow of hydrocarbons, and isolating desired sections by means of annular seals.

Well intervention services are utilized extensively for E&P activities and well cleanup purposes. 

Monitoring of various activities in the well reservoir, and the ongoing operations, including, perforations, radioactivity, temperature, cementing, noise, plug and packer settings, have become of utmost importance; owing to the high amount of risk. On account of this scenario, logging and bottom hole survey was the largest service category in 2016 and is projected to show a steady growth over the next eight years. The logging and bottom hole survey segment had a market share of 22.1% in 2016.

Offshore is expected to be the fastest growing segment in the application category over the forecast period with an estimated CAGR of 5.1% from 2016 to 2025. A lot of logistics are required for offshore exploration & production activities. The equipment utilized for offshore drilling operations is also expensive as it has to withstand the pressure & temperature of the water bodies as well as the drilling activity. This factor is anticipated to positively drive the offshore segment growth over the forecast period of 2017 to 2025.

Full Research Report on Global Well Intervention Market Analysis:
http://www.grandviewresearch.com/industry-analysis/well-intervention-market

Further key findings from the report suggest:

• The global well intervention demand was USD 12.45 billion in 2016 and is expected to grow at a CAGR of 4.2% from 2017 to 2025
• Logging and bottom hole survey emerged as the largest service segment in 2016 and is estimated to generate revenue over USD 3.95 billion by 2025
• Stimulation is anticipated to be the fastest growing service segment over the next eight years and is estimated to grow at a CAGR of 6.1%
• The well intervention demand in onshore application was USD 8.15 billion in 2016 and is anticipated to witness steady growth over the next eight years
• The U.S. offshore well intervention market in applications category was worth USD 2.28 billion and is estimated to reach USD 3.5 billion by 2025
• The Middle East & Africa region is anticipated to witness high growth at a CAGR of 5.7% by 2025. Recent developments in offshore activities such as increasing oil production in various countries including Qatar and Iran is expected to drive E&P market over the next eight years
• Key players of the industry include Baker Hughes, Archer Limited, Halliburton, Weatherford International, and Schlumberger. These major players are often indulged in mergers, joint ventures, & acquisitions, in order to expand their product portfolio and gain market share

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

Grand View Research has segmented the Global Well Intervention Market on the basis of service, application, and region:

Well Intervention Service Outlook (Revenue, USD Million, 2014 - 2025)

• Logging & Bottom Hole Survey
• Tubing/Packer Failure & Repair
• Stimulation
• Remedial Cementing
• Zonal Isolation
• Sand Control Services
• Artificial Lift
• Fishing
• Re-Perforation
• Others

Well Intervention Application Outlook (Revenue, USD Million, 2014 - 2025)

• Onshore
• Offshore

Well Intervention Regional Outlook (Revenue, USD Million, 2014 - 2025)

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

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-well-intervention-market                       

About Grand View ResearchGrand 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: www.grandviewresearch.com