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Moreover, the zonal isolation method helps in tackling challenges that arise with shale gas migration. Owing to its wider use in oil and gas industy, the zonal isolation market expected to hold a lucrative position in coming years. For instance, in July 2020, Weatherford International plc, announced a contract of 18 months with Iraqi Drilling Company(IDC), with the purpose to provide services and project management for the drilling and completion of twenty wells in the AI-Nasiriyah filed in Dhi Qar province in southern Iraq. Both the company together build the well as IDC provid four rigs, civil works, and drilling services, and Weatherford will provide services for the completion of the well. Furthermore, government initiatives are fueling the growth of the zonal isolation market over the forecast period. For instance, in October 2021, the Union Ministry of Petroleum & Natural Gas of India has approved a project of $3.8 billion to expand the refining capacity of the ongoing refinery project- Numaligarh Refinery Expansion Project ,from 3 mmtpa to 9 mmtpa.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Zonal Isolation Market Report by Segment
By Technology
- Chemical Zonal Isolation
- Mechanical Zonal Isolation
By Application
- Onshore Zonal Isolation
- Offshore Zonal Isolation
Global Zonal Isolation Market Report by Region
North America
- United States
- copyright
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global zonal isolation market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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