Market Overview:
The global inflatable packer systems market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for inflatable packers in geotechnical testing, pressure grouting, mineral exploration drilling, dam construction and repair, and oil and gas well testing applications. Additionally, the growing demand for inflatable packers from emerging economies such as China and India is also contributing to the growth of this market. However, factors such as high installation costs may restrain the growth of this market during the forecast period.
Product Definition:
An inflatable packer system is a device that is inserted into a well to help control the production of oil and gas. The system is inflated with air, which helps to create a seal in the well. This prevents oil and gas from escaping, which can improve production rates.
Sliding-end Packers:
Sliding-end packers are used to keep the ends of inflatable structures rigid during inflation. They can be attached to the inflation valve or any other structure in an inflatable structure and they provide resistance against collapsing during inflation. The resistance provided by sliding-end packers helps in keeping the shape of a structure even after it is inflated, which provides better stability than traditional methods such as using tension members or cables.
Fixed-end Packer:
A fixed-end packer is a device used to seal the end of an inflatable hose. It can be attached to the end of any inflatable hose and it’s commonly used in airbags, pool noodles, blow-up mattresses, and camping bedding among others.
Application Insights:
The geotechnical testing application segment led the global inflatable packer systems market in 2017 and is projected to witness significant growth over the forecast period. Geotechnical testing involves analysis of soil properties, such as strength, stiffness, compressibility and liquefaction resistance. The tests are performed to analyze soil stability before construction begins or after a structure is built on top of it.
Inflatable packers are used for pressure grouting during drilling operations in order to maintain stable conditions inside the borehole without any risk of collapsing or caving in walls due to high internal pressures generated by drilling activities at depth below ground level. These devices help prevent any movement or shifting of surrounding rocks while pressure grouting thereby ensuring safe and sound completion procedures for oil exploration wells.
Regional Analysis:
Asia Pacific dominated the global inflatable packer systems market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for geotechnical testing services in countries such as China, India, Japan, and South Korea. In addition, rising mineral exploration activities coupled with pressure grouting applications are also expected to drive the regional market growth over the forecast period.
The Asia Pacific was followed by North America which accounted for a revenue share of 22% in 2016 owing to an increase in oilfield development activities across U.S., Canada, and Mexico on account of shale boom that has taken place since 2010s resulting into increased focus on well completion techniques including hydraulic fracturing or fracking process commonly known as hydrofracturing or water-fracturing technique used for drilling vertical wells using high pressure water jets instead of conventional methods thus leading into increased adoption rate of these systems particularly inflatable packer systems within this region.
Growth Factors:
- Increasing demand for inflatable packer systems in the oil and gas industry for efficient well completion operations
- Rising investments in the oil and gas sector across the globe
- Growing number of shale exploration and production activities worldwide
- Technological advancements in inflatable packer systems that improve their performance
- Proliferation of rental services for inflatable packers, which is resulting in lower ownership costs
Scope Of The Report
Report Attributes
Report Details
Report Title
Inflatable Packer Systems Market Research Report
By Type
Sliding-end Packers, Fixed-end Packer, Others
By Application
Geotechnical Testing, Pressure Grouting, Mineral Exploration Drilling, Dam Construction and Repair, Oil and Gas Well Testing
By Companies
Schlumberger Ltd, Baski Inc., Geopro, Inflatable Packers International, Baker Hughes (GE Company), Aardvark Packers, Geomarc, Schlumberger Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Inflatable Packer Systems Market Report Segments:
The global Inflatable Packer Systems market is segmented on the basis of:
Types
Sliding-end Packers, Fixed-end Packer, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Geotechnical Testing, Pressure Grouting, Mineral Exploration Drilling, Dam Construction and Repair, Oil and Gas Well Testing
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Schlumberger Ltd
- Baski Inc.
- Geopro
- Inflatable Packers International
- Baker Hughes (GE Company)
- Aardvark Packers
- Geomarc
- Schlumberger Ltd
Highlights of The Inflatable Packer Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sliding-end Packers
- Fixed-end Packer
- Others
- By Application:
- Geotechnical Testing
- Pressure Grouting
- Mineral Exploration Drilling
- Dam Construction and Repair
- Oil and Gas Well Testing
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Inflatable Packer Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Inflatable packing systems are a type of packaging that uses an inflatable bladder to pack products. The bladder is filled with air, and when the product is placed inside the bladder, it expands to create a tight seal. This type of packaging is often used for items that need to be shipped in a safe and secure manner, such as pharmaceuticals or food products.
Some of the key players operating in the inflatable packer systems market are Schlumberger Ltd, Baski Inc., Geopro, Inflatable Packers International, Baker Hughes (GE Company), Aardvark Packers, Geomarc, Schlumberger Ltd.
The inflatable packer systems market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Inflatable Packer Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Inflatable Packer Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Inflatable Packer Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Inflatable Packer Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Inflatable Packer Systems Market Size & Forecast, 2018-2028
4.5.1 Inflatable Packer Systems Market Size and Y-o-Y Growth
4.5.2 Inflatable Packer Systems Market Absolute $ Opportunity
Chapter 5 Global Inflatable Packer Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Inflatable Packer Systems Market Size Forecast by Type
5.2.1 Sliding-end Packers
5.2.2 Fixed-end Packer
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Inflatable Packer Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Inflatable Packer Systems Market Size Forecast by Applications
6.2.1 Geotechnical Testing
6.2.2 Pressure Grouting
6.2.3 Mineral Exploration Drilling
6.2.4 Dam Construction and Repair
6.2.5 Oil and Gas Well Testing
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Inflatable Packer Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Inflatable Packer Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Inflatable Packer Systems Analysis and Forecast
9.1 Introduction
9.2 North America Inflatable Packer Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Inflatable Packer Systems Market Size Forecast by Type
9.6.1 Sliding-end Packers
9.6.2 Fixed-end Packer
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Inflatable Packer Systems Market Size Forecast by Applications
9.10.1 Geotechnical Testing
9.10.2 Pressure Grouting
9.10.3 Mineral Exploration Drilling
9.10.4 Dam Construction and Repair
9.10.5 Oil and Gas Well Testing
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Inflatable Packer Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Inflatable Packer Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Inflatable Packer Systems Market Size Forecast by Type
10.6.1 Sliding-end Packers
10.6.2 Fixed-end Packer
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Inflatable Packer Systems Market Size Forecast by Applications
10.10.1 Geotechnical Testing
10.10.2 Pressure Grouting
10.10.3 Mineral Exploration Drilling
10.10.4 Dam Construction and Repair
10.10.5 Oil and Gas Well Testing
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Inflatable Packer Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Inflatable Packer Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Inflatable Packer Systems Market Size Forecast by Type
11.6.1 Sliding-end Packers
11.6.2 Fixed-end Packer
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Inflatable Packer Systems Market Size Forecast by Applications
11.10.1 Geotechnical Testing
11.10.2 Pressure Grouting
11.10.3 Mineral Exploration Drilling
11.10.4 Dam Construction and Repair
11.10.5 Oil and Gas Well Testing
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Inflatable Packer Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Inflatable Packer Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Inflatable Packer Systems Market Size Forecast by Type
12.6.1 Sliding-end Packers
12.6.2 Fixed-end Packer
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Inflatable Packer Systems Market Size Forecast by Applications
12.10.1 Geotechnical Testing
12.10.2 Pressure Grouting
12.10.3 Mineral Exploration Drilling
12.10.4 Dam Construction and Repair
12.10.5 Oil and Gas Well Testing
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Inflatable Packer Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Inflatable Packer Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Inflatable Packer Systems Market Size Forecast by Type
13.6.1 Sliding-end Packers
13.6.2 Fixed-end Packer
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Inflatable Packer Systems Market Size Forecast by Applications
13.10.1 Geotechnical Testing
13.10.2 Pressure Grouting
13.10.3 Mineral Exploration Drilling
13.10.4 Dam Construction and Repair
13.10.5 Oil and Gas Well Testing
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Inflatable Packer Systems Market: Competitive Dashboard
14.2 Global Inflatable Packer Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schlumberger Ltd
14.3.2 Baski Inc.
14.3.3 Geopro
14.3.4 Inflatable Packers International
14.3.5 Baker Hughes (GE Company)
14.3.6 Aardvark Packers
14.3.7 Geomarc
14.3.8 Schlumberger Ltd
