Mining Technology & Minerals Market Research News

Blowout preventer market to grow at a CAGR of 3.62% during the period 2017-2021 scrutinized in new research

Mining Market Research

Blowout results in a loss of life. This along with the oil spillage has a long-term impact on the environment. Animals in the vicinity of the explosions might be exposed to hydrocarbons that are released, especially in offshore wells.

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About Blowout Preventer

The report covers the present scenario and the growth prospects of the global blowout preventer market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Access Full report:…2017-2021-1549804

The market is divided into the following segments based on geography:
• Americas

Global Blowout Preventer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

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The report also includes a discussion of the key vendors operating in this market.

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Key vendors
• Axon
• Cameron
• National Oilwell Varco

Other prominent vendors
• B.O.P Products
• BOP Technologies
• Control Flow
• Fountain Petro
• GE Oil & Gas
• Parveen Industries
• Rongsheng Machinery
• Shenkai

Market driver
• Rising deep and ultra-deepwater drilling projects
• For a full, detailed list, view our report

Market challenge
• Increasing investments in renewable sources of energy
• For a full, detailed list, view our report

Market trend
• Next generation of blowout preventers
• For a full, detailed list, view our report

Access Report:…2017-2021-1549804

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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