Oil And Gas Supporting Activities Market (Impact Of Covid-19) Industry Overview

Posted by ramacharitbrc on September 27th, 2021

Oil And Gas Supporting Activities Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the oil and gas supporting activities industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected oil and gas supporting activities market growth numbers 2021-2030.

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The Oil And Gas Supporting Activities Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global oil and gas supporting activities market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Oil And Gas Supporting Activities Global Market Report 2021 covers oil and gas supporting activities market drivers, oil and gas supporting activities market trends, oil and gas supporting activities market growth rate, oil and gas supporting activities market major players, player-adopted strategies in the market, and oil and gas supporting activities market size.

The global oil and gas supporting activities market is expected to grow from 4.03 billion in 2020 to 3.96 billion in 2021 at a compound annual growth rate (CAGR) of 17.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach 2.14 billion in 2025 at a CAGR of 5%.

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The report covers the oil and gas supporting activities market segments-

1) By Type: Well Maintenance, Exploration, Well Developing 

2) By Drilling Type: Offshore, Onshore

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