A packer is a key piece of downhole equipment in many completions - a sealing device that isolates and contains produced fluids and pressures within the tubing string; it is a well barrier element, usually part of the well's primary well barrier, protecting the casing and creating an A-annulus. The packer is essential to the basic functioning of most wells, injectors or producers.
This report contains market size and forecasts of Hydraulic Packers in global, including the following market information:
Global Hydraulic Packers Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Hydraulic Packers Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Hydraulic Packers companies in 2021 (%)
The global Hydraulic Packers market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Permanent Packers Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Hydraulic Packers include Schlumberger, Halliburton, BHGE, Weatherford International, National Oilwell Varco, American Completion Tools, D&L Oil Tools, Tendeka and TAM International, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hydraulic Packers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hydraulic Packers Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Hydraulic Packers Market Segment Percentages, by Type, 2021 (%)
Permanent Packers
Retrievable Packers
Global Hydraulic Packers Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Hydraulic Packers Market Segment Percentages, by Application, 2021 (%)
Onshore
Offshore
Global Hydraulic Packers Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Hydraulic Packers Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hydraulic Packers revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Hydraulic Packers revenues share in global market, 2021 (%)
Key companies Hydraulic Packers sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Hydraulic Packers sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Schlumberger
Halliburton
BHGE
Weatherford International
National Oilwell Varco
American Completion Tools
D&L Oil Tools
Tendeka
TAM International
Tianjin Tonwin Petroleum Technology
Puyang Kerui Mechanical Engineering Technology