Global Sand Control Systems Market Outlook, 2020-2025

DUBLIN, April 17, 2020 /PRNewswire/ -- The "Sand Control Systems Market - Growth, Trends, and Forecast (2020-2025)" report has been added to's offering.

The global sand control systems market is expected to grow at a CAGR of more than 4% during the forecast period.

The global upstream oil and gas investments stood at approximately USD 476 billion in 2018, representing a 6% increase compared to that in the previous year. Adding to this, according to the estimates of Oil & Gas UK, the oil and gas exploration and production companies in Europe are expected to spend about USD 265 billion between 2019-2035.

Factors, such as increasing demand for oil and natural gas and increasing investments in the upstream oil and gas sectors across the world, are expected to drive the number of exploration and production activities, thereby driving the sand control systems market during the forecast period.

However, the crude oil prices have been highly volatile in 2018, fluctuating between USD 85 per barrel and USD 50 per barrel by the end of the year. This volatility of oil prices remains a growing concern for the upstream industry. Hence, this is expected to hinder the market during the forecast period.

Key Highlights

    --  The offshore segment is expected to dominate the market, due to
        increasing exploration activities.
    --  The shift of the projects from onshore to offshore, shallow waters to
        deep waters and ultra-deep waters is an opportunity for the sand control
        systems market during the forecast period.
    --  Middle-East and Africa is expected to be the fastest growing market
        during the forecast period, with the majority of the demand coming from
        Saudi Arabia, Iran, and others.

Market Trends

Offshore Segment to Dominate the Market

    --  In many offshore regions, the geologic formations that produce oil and
        gas are unconsolidated, which means the sand that makes up these
        formations is loose or poorly bonded, much like the sand on a beach. As
        a result, this loose sand can end up inside the production piping in the
        well or production equipment on the surface.
    --  Sand production is highly undesirable, since it can plug pipes and
        equipment, erode piping (much like sand blasting), and lead to corrosion
        of pipe and equipment. Eliminating sand production has been one of the
        main production challenges faced by engineers since the early days of
        offshore oil and gas development.
    --  The offshore oil and gas industry accounts for around 30% of the global
        crude oil production. The Middle-East, North Sea, Brazil, the Gulf of
        Mexico, and the Caspian Sea are the major offshore oil and gas producing
        regions. The decline in the offshore rig count had slowed down in 2017,
        and offshore activity started to pick up after 2017. An estimated of
        more than 90 offshore projects are in the queue to receive a green
        signal in the next few years, driving the demand for sand control system
        in the offshore sector.
    --  Moreover, the cost of operation in the offshore have declined
        significantly over the past few years, enough for the industry to start
        to step up the spending gradually in the coming years.
    --  Hence, due to aforementioned factors the sand control systems market for
        offshore segment is expected to positive during the forecast period.

Middle-East & Africa to be the Fastest Growing Market

    --  Saudi Arabia has oil and gas trapped in sandstone with unique
        characteristics, which exhibit low-to-moderate permeability but a high
        sanding tendency caused by unconsolidated rock under high pressure and
        temperature. Owing to its huge oil and gas production base with high
        sanding tendency, the country is one of the largest markets for sand
        control systems in the world.
    --  Saudi Aramco, the country's largest oil and gas company, is continuously
        engaged in exploration and development to compensate for declining
        fields elsewhere. During the downturn, in contrast to the world, Saudi
        Arabia has ramped up its rig count since 2014, especially gas wells. The
        company plans to double its gas production over the next decade, as the
        country plans to switch to local power plants to gas from oil, so it can
        export more oil.
    --  Moreover, Nigeria holds the top position among the ten countries, with
        the largest remaining crude oil and condensate deep-water reserves. The
        majority of reserves are along the country's Niger River Delta and
        offshore in the Bight of Benin, the Gulf of Guinea, and the Bight of
        Bonny. As of now, exploration activities are mostly focused in the deep
        and ultra-deep offshore, although some onshore exploration is also
        taking place.
    --  Therefore, factors such as upcoming offshore E&P activities especially
        from the West Africa region is expected to boost the sand control
        systems market in the region in the coming years.

Competitive Landscape

The sand control systems market is fragmented. Some of key players in this market include Baker Hughes Company, Schlumberger, Weatherford International, Halliburton Company, and Superior Energy Services, amongst others.

Key Topics Covered

1.1 Scope of the Study
1.2 Market Definition
1.3 Study Assumptions



4.1 Introduction
4.2 Market Size and Demand Forecast in USD billion, till 2025
4.3 Global Onshore and Offshore Active Rig Count of Major Countries
4.4 Global Onshore and Offshore CAPEX Forecast in USD billion, 2025
4.5 Global Onshore CAPEX Forecast in USD billion, by Region, 2025
4.6 Oil Production from Deepwater, Oil Sands, and Tight Oil (2011-2040)
4.7 Recent Trends and Developments
4.8 Government Policies and Regulations
4.9 Market Dynamics
4.10 Supply Chain Analysis
4.11 Porter's Five Forces Analysis

5.1 Well Type
5.1.1 Open Hole
5.1.2 Cased Hole
5.2 Location of Deployment
5.2.1 Onshore
5.2.2 Offshore
5.3 Sand Control Method
5.3.1 Passive Sand Control (Non-intrusive Measures)
5.3.2 Active Sand Control (Intrusive Measures) Resin Injection Gravel Pack Slotted Liners Frack Pack Other Methods
5.4 Geography
5.4.1 North America
5.4.2 Europe
5.4.3 Asia-Pacific
5.4.4 South America
5.4.5 Middle-East & Africa

6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
6.3.1 Baker Hughes Company
6.3.2 Schlumberger Ltd.
6.3.3 Weatherford International Ltd.
6.3.4 National Oilwell Varco Inc.
6.3.5 Halliburton Company
6.3.6 Superior Energy
6.3.7 RGL Reservoir Management Inc.
6.3.8 Welltec A/S


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