| Press Release
Global Sand Control Solutions Market Report 2020-2025 - Focus on Gravel Pack, Frac Pack, Sand Screens, Inflow Control Devices, Others
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The global sand control solutions market is projected to reach USD 3.2 billion by 2025 from an estimated USD 2.1 billion in 2020, at a CAGR of 8.9% during the forecast period.
The continuous development from unconventional reservoirs and efforts to increase reserve to production ratio from the wells are the key factors driving the growth of the sand control solutions market. Likewise, the increasing offshore exploration & production as well as subsea activities are expected to offer lucrative opportunities for the sand control solutions market during the forecast period.However, fluctuating crude oil prices, and challenging operations in high-pressure high temperature well hinder the growth of the market.