Market Overview:
The global hydraulic tubing anchor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for oil and gas drilling, mining, and other applications across the globe. In terms of type, the differential pressure tubing anchor segment is expected to hold a major share of the global hydraulic tubing anchor market during the forecast period. This can be attributed to its ability to withstand high differential pressure and provide stability in harsh environments.
Product Definition:
A hydraulic tubing anchor is a device that uses the weight of the fluid in the pipeline to hold it in place. The anchor is inserted into the ground near the end of the pipeline and backfilled with soil. The weight of the fluid in the pipe pushes against the soil, providing resistance and holdingthe pipe in place.
Differential Pressure Tubing Anchor:
Differential pressure tubing anchor is a device used to restrain movement in two or more directions. It can be used in hydraulic tubing anchors, which are widely utilized for restraining movement of structural components such as pipelines and bridges. The differential pressure tube anchoring system uses the principle that the force applied on one side of the restraint is balanced by an equal and opposite force applied on the other side resulting in no net stress on any component.
Pressure Tubing Anchor:
Pressure tubing anchor is a device used to secure the ends of two or more tubes in a hydraulic system. It provides an effective mechanical solution for joining two lengths of pressure tubing and can also be used with one-way valves. The product is manufactured using high strength steel and has rubber or plastic washers that act as seals to prevent leakage.
The global hydraulic tubing anchor market size was valued at USD 31,867 in 2016.
Application Insights:
The drilling for oil segment dominated the global market in 2017. The growth of this application can be attributed to the increasing demand for petroleum products across the globe. Moreover, growing investments by various companies in order to explore new reserves and drill deeper wells is expected to drive industry growth over the forecast period.
The mining application is estimated to witness significant growth over the next six years owing to rising demand for minerals such as copper (Cu), zinc (Zn), lead (Pb) and gold (Au). These metals are used in a variety of applications including construction, electrical & electronics, automotive & transportation and industrial machinery among others. Increasing exploration activities coupled with better infrastructure development will boost product demand during this period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness moderate growth over the forecast period owing to a decline in drilling and mining activities. However, increasing offshore drilling activities are anticipated to drive product demand over the next eight years.
The U.S., being an oil-producing country, has a large number of old wells that require maintenance and repair work from time to time which results in high demand for hydraulic tubing anchors across various applications such as wellhead support, downhole tools support, etc. In addition, growing shale gas exploration activities are likely to have a positive impact on industry growth over the coming years due to its low cost as compared with other sources of energy such as crude oil and natural gas liquids (NGLs).
Asia Pacific is estimated be one of the fastest-growing regions during the forecast period owing rising investments by foreign players coupled with government initiatives towards boosting production from existing fields especially offshore areas thus driving product demand across countries such as China.
Growth Factors:
- Increasing demand for hydraulic tubing anchor in the construction and automotive industries
- Growing popularity of hydraulic tubing anchor in the global market
- Rising demand for lightweight and durable hydraulic tubing anchor products
- Technological advancements in manufacturing processes of hydraulic tubing anchors
- Increasing investments by leading players to expand their production capacities
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Tubing Anchor Market Research Report
By Type
Differential Pressure Tubing Anchor, Pressure Tubing Anchor
By Application
Drilling for Oil, Mining, Other
By Companies
D&L Oil Tools, Peak Completion Technologies, Inc., Black Gold, Rubicon, Don-Nan, Oilenco, Tianjin Soright Technology Development Co., Ltd., Dongying Kangya Petroleum Equipment Co.,Ltd., Wise Channel Industries Limited
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Tubing Anchor Market Report Segments:
The global Hydraulic Tubing Anchor market is segmented on the basis of:
Types
Differential Pressure Tubing Anchor, Pressure Tubing Anchor
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
Drilling for Oil, Mining, Other
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:
- D&L Oil Tools
- Peak Completion Technologies, Inc.
- Black Gold
- Rubicon
- Don-Nan
- Oilenco
- Tianjin Soright Technology Development Co., Ltd.
- Dongying Kangya Petroleum Equipment Co.,Ltd.
- Wise Channel Industries Limited
Highlights of The Hydraulic Tubing Anchor 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:
- Differential Pressure Tubing Anchor
- Pressure Tubing Anchor
- By Application:
- Drilling for Oil
- Mining
- Other
- 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 Hydraulic Tubing Anchor 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Hydraulic tubing anchor is a device that is used to secure hydraulic tubing in place. It consists of a U-shaped metal arm with an attached clamping head. The arm can be inserted into the tube, and the clamping head can be tightened to hold the tube in place.
Some of the major companies in the hydraulic tubing anchor market are D&L Oil Tools, Peak Completion Technologies, Inc., Black Gold, Rubicon, Don-Nan, Oilenco, Tianjin Soright Technology Development Co., Ltd., Dongying Kangya Petroleum Equipment Co.,Ltd., Wise Channel Industries Limited.
The hydraulic tubing anchor market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hydraulic Tubing Anchor Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hydraulic Tubing Anchor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hydraulic Tubing Anchor Market - Supply Chain
4.5. Global Hydraulic Tubing Anchor Market Forecast
4.5.1. Hydraulic Tubing Anchor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hydraulic Tubing Anchor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hydraulic Tubing Anchor Market Absolute $ Opportunity
5. Global Hydraulic Tubing Anchor Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hydraulic Tubing Anchor Market Size and Volume Forecast by Type
5.3.1. Differential Pressure Tubing Anchor
5.3.2. Pressure Tubing Anchor
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hydraulic Tubing Anchor Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hydraulic Tubing Anchor Market Size and Volume Forecast by Application
6.3.1. Drilling for Oil
6.3.2. Mining
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hydraulic Tubing Anchor Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hydraulic Tubing Anchor Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hydraulic Tubing Anchor Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hydraulic Tubing Anchor Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hydraulic Tubing Anchor Demand Share Forecast, 2019-2026
9. North America Hydraulic Tubing Anchor Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hydraulic Tubing Anchor Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hydraulic Tubing Anchor Market Size and Volume Forecast by Application
9.4.1. Drilling for Oil
9.4.2. Mining
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hydraulic Tubing Anchor Market Size and Volume Forecast by Type
9.7.1. Differential Pressure Tubing Anchor
9.7.2. Pressure Tubing Anchor
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hydraulic Tubing Anchor Demand Share Forecast, 2019-2026
10. Latin America Hydraulic Tubing Anchor Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hydraulic Tubing Anchor Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hydraulic Tubing Anchor Market Size and Volume Forecast by Application
10.4.1. Drilling for Oil
10.4.2. Mining
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hydraulic Tubing Anchor Market Size and Volume Forecast by Type
10.7.1. Differential Pressure Tubing Anchor
10.7.2. Pressure Tubing Anchor
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hydraulic Tubing Anchor Demand Share Forecast, 2019-2026
11. Europe Hydraulic Tubing Anchor Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hydraulic Tubing Anchor Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hydraulic Tubing Anchor Market Size and Volume Forecast by Application
11.4.1. Drilling for Oil
11.4.2. Mining
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hydraulic Tubing Anchor Market Size and Volume Forecast by Type
11.7.1. Differential Pressure Tubing Anchor
11.7.2. Pressure Tubing Anchor
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Mrket Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hydraulic Tubing Anchor Demand Share, 2019-2026
12. Asia Pacific Hydraulic Tubing Anchor Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hydraulic Tubing Anchor Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hydraulic Tubing Anchor Market Size and Volume Forecast by Application
12.4.1. Drilling for Oil
12.4.2. Mining
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hydraulic Tubing Anchor Market Size and Volume Forecast by Type
12.7.1. Differential Pressure Tubing Anchor
12.7.2. Pressure Tubing Anchor
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hydraulic Tubing Anchor Demand Share, 2019-2026
13. Middle East & Africa Hydraulic Tubing Anchor Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hydraulic Tubing Anchor Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hydraulic Tubing Anchor Market Size and Volume Forecast by Application
13.4.1. Drilling for Oil
13.4.2. Mining
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hydraulic Tubing Anchor Market Size and Volume Forecast by Type
13.7.1. Differential Pressure Tubing Anchor
13.7.2. Pressure Tubing Anchor
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hydraulic Tubing Anchor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hydraulic Tubing Anchor Market: Market Share Analysis
14.2. Hydraulic Tubing Anchor Distributors and Customers
14.3. Hydraulic Tubing Anchor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. D&L Oil Tools
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Peak Completion Technologies, Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Black Gold
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Rubicon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Don-Nan
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Oilenco
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tianjin Soright Technology Development Co., Ltd.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Dongying Kangya Petroleum Equipment Co.,Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wise Channel Industries Limited
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook