Global Downhole Drilling Tools Market to Grow at CAGR 4.40 to 2021 April 2017

Global Downhole Drilling Tools Market 2017-2021
Drilling involves boring a hole in the earth's surface for the extraction of petroleum and gas. Downhole
drilling tools facilitate the drilling process and enable drillers to counter the challenges associated with
drilling such as extreme depth, high-temperature, and pressure difference.
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These tools guide or steer wells through a small reservoir by changing the trajectory of the well. The
process of extracting these valuable resources includes drilling through the surface till the depths where
the resources occur are reached. There are many activities involved in the extraction of these reserves.
The analysts forecast global Downhole Drilling Tools Market to grow at a CAGR of 4.40% during the
period 2017-2021.
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This report covers the present scenario and the growth prospects of the global Downhole Drilling Tools
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.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
The report, Global Downhole Drilling Tools Market 2017-2021, has been prepared based on an in-depth
market analysis with inputs from industry experts. This report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
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drilling-tools-market-2017-2021.html
Key vendors
Baker Hughes
Halliburton
National Oilwell Varco
Schlumberger
Weatherford
Other prominent vendors
American Oilfield Tools
Bilco Tools
Challenger Downhole Tools
Downhole Oil Tools
Logan International