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  5. > Packer Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 – 2020

Casing and tubing are crucial parts of the well construction process. A casing is a pipe inserted into a drilled section of a borehole to ensure stability and support the sides of the well from caving in. Casing also prevents water contamination and controls well pressure during the drilling process. Production tubing on the other hand, is a pipe that provides a passage through which production fluids (mixture of oil gas and water) can pass. Packer is a type of sealing device or flexible tool used to isolate and contain production fluids and pressure within the wellbore. It is made of an elastomeric material and placed just above the producing zone. The packer protects the casing and other important formations above and below the producing zone. It is designed to expand and grip the wall of the casing and form a seal between the inside of the casing and the outside of the tubing.

There are two categories of packers, namely permanent packers and retrievable packers. A permanent packer can only be removed from a wellbore through milling. This type is fairly simple in nature and offers better performance than retrievable packers in operating conditions with extreme temperature and pressure. As the name suggests, a retrievable packer can be removed after the drilling operation, when the tubing is extracted from the wellbore. Complexity of retrievable packers depends on its application (it can be highly complex for a high pressure and high temperature application or fairy simple for a low pressure and low temperature application). Retrievable packers generally cost more than permanent packers due to the complexity of their design.

The research study analyzes the market size of packers in terms of revenue (USD Million). The global packer market has been segmented on the basis of product and geography. Market data has been provided on the regional level, segmented as North America, Europe, Asia Pacific, and Rest of the World (RoW) from 2012 to 2020. Rest of the World segment includes Europe, South America, the Middle East and Africa. The report features a detailed regional segmentation along with growth forecast for the period from 2014 to 2020. Projections have been included for revenue growth of the permanent and retrievable segments for the geographies considered under the purview of this report.

The report on the global packer market includes market drivers, market restraints, and market opportunities and their impact on the revenue growth of the market during the forecast period. Market drivers, restraints and opportunities for the packer market are developed after a thorough study of historical and current trends in the oil and gas industry. A comprehensive competitive landscape including the company market share analysis and market attractiveness analysis has been provided in this report. The report also includes a detailed analysis of various factors influencing the global packer market with the help of Porter’s Five Forces analysis. The analysis helps us to understand the bargaining power of buyers, bargaining power of suppliers, threat from new entrants, threat from substitutes, and degree of competition in the global packer market. The study also covers the value chain of the global packer market, which includes key raw material and component providers, manufacturers, distributors and end users of packers. Moreover, the study comprises market attractiveness analysis, wherein product type and geographies are benchmarked based on the market size, market growth and general attractiveness.

Key participants in the global packer market include Schlumberger Limited, Weatherford International Limited, Baker Hughes Incorporated, Halliburton Company, TIW Corporation, Team Oil Tools Inc., Map Oil Tools, Inc., Tryton Tool Services and Logan Completion System. This report provides the companies’ overview, financial revenues (on availability), business strategies and recent developments.

The global packer market is segmented as follows:
Global Packer Market: Product Segment
Permanent
Retrievable
Global Packer Market: Regional Analysis
North America
Europe
Asia Pacific
Rest of the World (RoW)

Table Of Contents

Packer Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020
Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology

Chapter 2 Executive Summary

Chapter 3 Global Packer Market - Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis: Global Packer Market
3.3 Market Drivers
3.3.1 Increased Oil and Gas Upstream Expenditures Augmenting Global Packer Market Growth
3.3.2 Shale Gas Boom In The U.S. Augments Demand For Packers
3.3.3 Increase In Global Drilling Activities Augments Demand For Packers
3.4 Market Restraints
3.4.1 Packer Seal Failures During Installation and Operation
3.5 Market Opportunities
3.5.1 Exploration of Untapped Potential Oil and Gas Reserves Accompanied by Newly Discovered Oilfields
3.6 Porter's Five Forces Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat from Substitutes
3.6.4 Threat of New Entrants
3.6.5 Degree of Competition
3.7 Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis of Global Packer Market, by Product Segment, 2013
3.7.2 Market Attractiveness Analysis of Global Packer Market, by Regional Segment, 2013
3.8 Company Market Share Analysis
3.8.1 Global Packer Market: Company Market Share Analysis, 2013

Chapter 4 Global Packer Market - Product Segment Analysis
4.1 Global Packer Market: Product Segment Overview
4.1.1 Global Packer Market Estimates and Forecast, Product Segment by Revenue, 2013 and 2020
4.2 Permanent Packers
4.2.1 Global Permanent Packer Product Segment Market Revenue Estimates and Forecast, 2012 - 2020, (USD Million)
4.3 Retrievable Packer
4.3.1 Global Retrievable Packer Product Segment Market Revenue Estimates and Forecast, 2012 - 2020, (USD Million)

Chapter 5 Global Packer Market - Regional Analysis
5.1 Global Packer Market: Regional Overview
5.1.1 Global Packer Market Revenue and Forecast, by Region, 2013 and 2020
5.2 North America
5.2.1 North America Packer Market Revenue Estimates and Forecast, 2012 - 2020, (USD Million)
5.2.2 North America Packer Market Estimates and Forecast, by Product Segment, 2012 - 2020, (USD Million)
5.3 Europe
5.3.1 Europe Packer Market Revenue Estimates and Forecast, 2012 - 2020, (USD Million)
5.3.2 Europe Packer Market Estimates and Forecast, by Product Segment, 2012 - 2020, (USD Million)
5.4 Asia Pacific
5.4.1 Asia Pacific Packer Market Revenue Estimates and Forecast, 2012 - 2020, (USD Million)
5.4.2 Asia Pacific Packer Market Estimates and Forecast, by Product Segment, 2012 - 2020, (USD Million)
5.5 Rest of the World
5.5.1 Rest of the World Packer Market Revenue Estimates and Forecast, 2012 - 2020, (USD Million)
5.5.2 Rest of the World Packer Market Estimates and Forecast, by Product Segment, 2012 - 2020, (USD Million)

Chapter 6 Company Profiles
6.1 Team Oil Tools, Inc.
6.1.1 Company Overview
6.1.2 Business Strategy
6.1.3 Recent Developments
6.2 TIW Corporation
6.2.1 Company Overview
6.2.2 Business Strategy
6.2.3 Recent Developments
6.3 Map Oil Tools, Inc.
6.3.1 Company Overview
6.3.2 Business Strategy
6.4 Tryton Tool Services
6.4.1 Company Overview
6.4.2 Business Strategy
6.5 Watson Packer
6.5.1 Company Overview
6.5.2 Business Strategy
6.5.3 Recent Developments
6.6 Schlumberger Limited
6.6.1 Company overview
6.6.2 Financial Overview
6.6.3 Business Strategy
6.6.4 Recent Developments
6.7 Halliburton Company
6.7.1 Company overview
6.7.2 Financial overview
6.7.3 Business strategy
6.7.4 Recent developments
6.8 Baker Hughes Incorporated
6.8.1 Company overview
6.8.2 Financial overview
6.8.3 Business strategy
6.8.4 Recent developments
6.9 Weatherford International Ltd.
6.9.1 Company overview
6.9.2 Financial overview
6.9.3 Business strategy
6.9.4 Recent developments
6.10 Logan Completion Systems
6.10.1 Company overview
6.10.2 Business strategy
6.11 Pinnacle Oil Tools Inc.
6.11.1 Company overview
6.11.2 Business strategy
6.11.3 Recent developments
6.12 KazDuCo LLP
6.12.1 Company overview
6.12.2 Business strategy
6.13 Packer Plus Energy Services, Inc.
6.13.1 Company overview
6.13.2 Business strategy
6.13.3 Recent developments
6.14 Interwell Norway AS
6.14.1 Company overview
6.14.2 Business strategy
6.14.3 Recent developments
6.15 LLC SPF "Master Packer"
6.15.1 Company overview
6.15.2 Business strategy
6.16 Sparta Oil Tools Pvt. Ltd.
6.16.1 Company overview
6.16.2 Business strategy
List of Figures

FIG. 1 Global Packer Market: Market Segmentation
FIG. 2 Global Packer Market Revenue Estimates and Forecast, 2012 - 2020 (USD Million)
FIG. 3 Global Packer Market: Existing Demand and Opportunities
FIG. 4 Global Packer Market: Value Chain Analysis
FIG. 5 Capital Expenditure on Oil and Gas Exploration Activities by Shell Global and its Subsidiaries
FIG. 6 Capital Expenditure on Oil and Gas Exploration Activities by Shell and its Subsidiaries
FIG. 7 Rig Count in the U.S.
FIG. 8 International Rig Count, 2009-14
FIG. 9 Oil Reserves in Africa (Billion Barrels)
FIG. 10 Global Packer Market: Porter's Five Forces Analysis
FIG. 11 Market Attractiveness Analysis of Global Packer Market, by Product Segment, 2013
FIG. 12 Market Attractiveness Analysis of Global Packer Market, by Regional Segment, 2013
FIG. 13 Company Market Share of Global Packer Market, 2013
FIG. 14 Global Packers Estimates and Forecast, Product Segment by Revenue, 2013 and 2020
List of Tables

TABLE 1 Global Packer Market Snapshot
TABLE 2 Market Drivers Of Global Packer Market: Impact Analysis
TABLE 3 Shale Production in the U.S.
TABLE 4 Market Restraints Of Global Packer Market: Impact Analysis
TABLE 5 Major Oil and Gas Discoveries in Africa
TABLE 6 North America Packer Market Estimates and Forecast, by Product Segment, 2012 - 2020, (USD Million)
TABLE 7 North American Packer Manufacturers and Suppliers
TABLE 8 Europe Packer Market Estimates and Forecast, by Product Segment, 2012 - 2020, (USD Million)
TABLE 9 European Packer Manufacturers and Suppliers
TABLE 10 Asia Pacific Packer Market Estimates and Forecast, by Product Segment, 2012 - 2020, (USD Million)
TABLE 11 Asia Pacific Packer Manufacturers
TABLE 12 Rest of the World Packer Market Estimates and Forecast, by Product Segment, 2012 - 2020, (USD Million)
TABLE 13 RoW-Based Packer Manufacturers

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