Geothermal drilling rig are the types of drilling rigs used to access the geothermal energy of underneath the Earth’s surface for ecologic heating. The market for these rigs is expected to be driven by the increasing demand for geothermal energy during the forecast period. According to a report by the International Energy Association (IEA), the market for the geothermal energy is still very dynamic and is expected to continue the trend in the coming years as well. Even though the demand Read more...
The global fall protection equipment market was valued at US$2.277 billion in 2019.The booming infrastructural development around the globe, especially in the developing economies such as India, China and Indonesia, is one of the major drivers for the market to surge over the forecast period. The growing concerns over worker safety coupled with stringent government regulations of various countries regarding the safety of workers working on heights across the various end-user industries is als Read more...
The global fracking fluid and chemicals market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2024, from US$XX.XXX billion in 2018. Fracking Fluid is a chemical mixture used in drilling operations to increase the quantity of hydrocarbons that can be extracted. They are utilized in hydraulic fracturing for the recovery of oil and shale gas. The mixture is complex that varies from well to well. Rising population across the globe is leading to an increased need for Read more...