Global jetting SUB market is projected to register CAGR growth in the forecast years, 2023-2027, on account of growth factors like surging demands for the efficient extraction of oil & gases from the reservoir. Surge in demand for better and efficient drilling equipment and rig pipe handling system is further anticipated to drive the growth of the global jetting SUB market in the upcoming five years. To benefit from a reservoir excavation, it is important to install the jetting SUB that regularly removes the debris from the pipeline system and increases the efficiency of the drilling equipment. Moreover, the global jetting SUB market is growing on the backbone of higher demands of oil & gas from various end user industries.

Jetting SUB is a flushing jet device that allows jetting of the BOP ram cavities, annular and wellhead to dislodge debris. Variants in diameter allow the jetting function to be carried out based on respective surfaces and subsea BOP stacks. Debris can collect inside the BOP and wellhead area during drilling due to the sudden drop in fluid annular velocity. This debris can then fall back into the well during completion deployment, preventing the setting of packers or installation of the tubing hanger; thus, utilizing jetting SUB can facilitate the drilling procedure and enhance the oil production process.

Demands for Oil Production Drives Market Growth

Increasing demands for higher oil production are driving the growth of the global jetting SUB market in the upcoming five years. Global oil production in the year 2020 was recorded to be 4165.1 million tonnes and its consumption was about 88477 thousand barrels per day. The United States oil production capacity was 712.7 million tonnes in the year 2020. End user industries are raising exhaustive demands for oil & gas along with other petroleum products. To satisfy the growing demands, effective and efficient drilling equipment is required.

Jetting SUB is one of the many equipments that facilitate the efficient working of the drilling equipment and the pipeline system. The increasing number of reservoirs in the country and rapidly growing instances of discovering new reservoir is supporting the growth of the global jetting SUB market in the next five years. For the drilling site in difficult terrains and to perform oil production at such sites, effective drilling equipment is higher in demand and thus substantiates the market's growth.

Advancing Technology Supports Market Growth

Consistent research and technological advancement in the drilling equipment and other tools that ensure the efficiency of the oil production, or ensure safety and security at the drilling sites, or are responsible for efficient facilitation of the related equipment are major growth factors for the global jetting SUB market growth in the next five years. The cost of production, distribution and supply of oil and oil products is very expensive, and still, the demands for this energy produced is increasing rapidly, thus creating further demand for efficient methods of oil excavation, drilling, and supply.

Advantages in the jetting SUB like replaceable jetting nozzles, dart activated shear-able sleeve that allows the jetting ports to be opened on demand, multiple shear settings, variable diameter for multiple applications, availability in API and premium thread connections, along with full through bore for circulation, are anticipated to further facilitate the future growth of the global jetting SUB market in the forecast years through 2027.


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Market Segmentation

The global jetting SUB market segmentation is based on clean-up type, operation, port, product type, regional distribution, and competitive landscape. Based on clean-up type, the market is divided among riser, blowout preventer, wellhead. Operation is further segmented into a platform, jack-up rigs, and land rigs. Based on the port, the market is further differentiated into 9 and 6. The product type segment of the market is also fragmented into rubber nose and steel nose. The market analysis also studies the regional segmentation, divided among the Asia-Pacific region, North America region, Europe region, South American region, and the Middle East & African region.

Company Profile

Texas International, Janki Oil Tools, Autobahn Industries, Keystone Pipe Handling Tools, Premium Oilfield Technologies, General Petroleum Oil Tools, FYPE Rigid Machinery Co. Ltd., Alco Group, Shaanxi Gaoton Highlong Machinery Co. Ltd., Rbdxki Co., Ltd., are enlisted in a partial list of major market players of the global jetting SUB market.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         By Clean-up Type

·         By Operation

·         By Port

·         By Product Type

Regional Scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country Scope

United States, Mexico, Canada, China, India, Japan, South Korea, Australia, Singapore, Malaysia, Germany, France, United Kingdom, Spain, Italy, Poland, Denmark, South Africa, UAE, Saudi Arabia, Iraq, Turkey, Brazil, Argentina, Colombia, Peru, Chile,

Key Companies Profiled

Texas International, Janki Oil Tools, Autobahn Industries, Keystone Pipe Handling Tools, Premium Oilfield Technologies, General Petroleum Oil Tools, FYPE Rigid Machinery Co. Ltd., Alco Group, Shaanxi Gaoton Highlong Machinery Co. Ltd., Rbdxki Co., Ltd.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global jetting SUB market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Jetting SUB Market, By Clean-Up Type:
    • Riser
    • Blowout Preventer
    • Wellhead
  • Global Jetting SUB Market, By Operation:
    • Platform
    • Jackup Rigs
    • Land Rigs
  • Global Jetting SUB Market, By Port:
    • 9
    • 6
  • Global Jetting SUB Market, By Product Type:
    • Rubber Nose
    • Steel Nose
  • Global Jetting SUB Market, By Region:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
      • Poland
      • Denmark
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Iraq
      • Turkey
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Peru
      • Chile

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global jetting SUB market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).


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1.     Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Jetting SUB Market

5.    Voice of Customer

5.1.1.     Brand Awareness

5.1.2.     Factors Considered while Selecting a Supplier

5.1.3.     Customer Satisfaction Level

5.1.4.     Major Challenges Faced

6.    Global Jetting SUB Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Clean-up Type (Riser, Blowout Preventer, Wellhead)

6.2.2.     By Operation (Platform, Jackup Rigs, Land Rigs)

6.2.3.     By Port (9, 6)

6.2.4.     By Product Type (Rubber Nose, Steel Nose)

6.2.5.     By Region

6.2.6.     By Company (2021)

6.3.  Product Market Map

7.    North America Jetting SUB Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Clean-up Type

7.2.2.     By Operation

7.2.3.     By Port

7.2.4.     By Product Type

7.2.5.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Jetting SUB Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value 

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Clean-up Type

7.3.1.2.2.             By Operation

7.3.1.2.3.             By Port

7.3.1.2.4.             By Product Type

7.3.2.     Canada Jetting SUB Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value 

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Clean-up Type

7.3.2.2.2.             By Operation

7.3.2.2.3.             By Port

7.3.2.2.4.             By Product Type

7.3.3.     Mexico Jetting SUB Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value 

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Clean-up Type

7.3.3.2.2.             By Operation

7.3.3.2.3.             By Port

7.3.3.2.4.             By Product Type

8.    Asia-Pacific Jetting SUB Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Clean-up Type

8.2.2.     By Operation

8.2.3.     By Port

8.2.4.     By Product Type

8.2.5.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Jetting SUB Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value 

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Clean-up Type

8.3.1.2.2.             By Operation

8.3.1.2.3.             By Port

8.3.1.2.4.             By Product Type

8.3.2.     India Jetting SUB Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value 

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Clean-up Type

8.3.2.2.2.             By Operation

8.3.2.2.3.             By Port

8.3.2.2.4.             By Product Type

8.3.3.     Japan Jetting SUB Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value 

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Clean-up Type

8.3.3.2.2.             By Operation

8.3.3.2.3.             By Port

8.3.3.2.4.             By Product Type

8.3.4.     South Korea Jetting SUB Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value 

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Clean-up Type

8.3.4.2.2.             By Operation

8.3.4.2.3.             By Port

8.3.4.2.4.             By Product Type

8.3.5.     Australia Jetting SUB Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value 

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Clean-up Type

8.3.5.2.2.             By Operation

8.3.5.2.3.             By Port

8.3.5.2.4.             By Product Type

8.3.6.     Singapore Jetting SUB Market Outlook

8.3.6.1.         Market Size & Forecast

8.3.6.1.1.             By Value 

8.3.6.2.         Market Share & Forecast

8.3.6.2.1.             By Clean-up Type

8.3.6.2.2.             By Operation

8.3.6.2.3.             By Port

8.3.6.2.4.             By Product Type

8.3.7.     Malaysia Jetting SUB Market Outlook

8.3.7.1.         Market Size & Forecast

8.3.7.1.1.             By Value 

8.3.7.2.         Market Share & Forecast

8.3.7.2.1.             By Clean-up Type

8.3.7.2.2.             By Operation

8.3.7.2.3.             By Port

8.3.7.2.4.             By Product Type

9.    Europe Jetting SUB Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Clean-up Type

9.2.2.     By Operation

9.2.3.     By Port

9.2.4.     By Product Type

9.2.5.     By Country

9.3.  Europe: Country Analysis

9.3.1.     Germany Jetting SUB Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value 

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Clean-up Type

9.3.1.2.2.             By Operation

9.3.1.2.3.             By Port

9.3.1.2.4.             By Product Type

9.3.2.     United Kingdom Jetting SUB Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value 

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Clean-up Type

9.3.2.2.2.             By Operation

9.3.2.2.3.             By Port

9.3.2.2.4.             By Product Type

9.3.3.     France Jetting SUB Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value 

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Clean-up Type

9.3.3.2.2.             By Operation

9.3.3.2.3.             By Port

9.3.3.2.4.             By Product Type

9.3.4.     Italy Jetting SUB Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value 

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Clean-up Type

9.3.4.2.2.             By Operation

9.3.4.2.3.             By Port

9.3.4.2.4.             By Product Type

9.3.5.     Spain Jetting SUB Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value 

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Clean-up Type

9.3.5.2.2.             By Operation

9.3.5.2.3.             By Port

9.3.5.2.4.             By Product Type

9.3.6.     Poland Jetting SUB Market Outlook

9.3.6.1.         Market Size & Forecast

9.3.6.1.1.             By Value 

9.3.6.2.         Market Share & Forecast

9.3.6.2.1.             By Clean-up Type

9.3.6.2.2.             By Operation

9.3.6.2.3.             By Port

9.3.6.2.4.             By Product Type

9.3.7.     Denmark Jetting SUB Market Outlook

9.3.7.1.         Market Size & Forecast

9.3.7.1.1.             By Value 

9.3.7.2.         Market Share & Forecast

9.3.7.2.1.             By Clean-up Type

9.3.7.2.2.             By Operation

9.3.7.2.3.             By Port

9.3.7.2.4.             By Product Type

10.  South America Jetting SUB Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Clean-up Type

10.2.2.  By Operation

10.2.3.  By Port

10.2.4.  By Product Type

10.2.5.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Jetting SUB Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value 

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Clean-up Type

10.3.1.2.2.           By Operation

10.3.1.2.3.           By Port

10.3.1.2.4.