Sand Control Systems Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Sand Control Systems Market is segmented By Application (Onshore & Offshore), By Techniques (Gravel Pack, Frac Pack, Active Sand Control Systems and Others), By Well Type (Open Hole and Cased Hole), By  and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Report Overview

The Global Sand Control Systems Market is expected to grow at a high CAGR  during the forecast period (2024-2031).

Sand control systems are one of the major parts of the oil & gas production system. It helps to remove the sand production in the wellbore. The system plays a major role in the completion process and it recovers the performance and the productivity of the well. Growing production of off-shore crude oil and growing open completions are the major factors driving the global sand control systems market. According to the International Energy association in 2019, the daily production of offshore oil is expected to increase from 26.4 thousand barrels of oil equivalent per day to 27.4 thousand barrels of oil equivalent per day is expected to generate equal market growth and demand for sand control systems during the forecast period.

Market Scope

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Market Dynamics:

Growing production of crude oil across the globe and increase in installations of new on-shore crude oil mines are the factors driving the global sand control systems market. Escalating rig costs, deeper explorations of on-shore wells, and complex reservoir characteristics are the factors leading to an increase in adoption of sand control systems in well design and production. Increasing demand for crude oil associated with an increase in installations of new production sites with advanced technology with high precision are the factors additionally contributing to the growth of the global sand control systems market.

According to the International Energy association in 2019, the daily production of offshore oil is expected to increase from 26.4 thousand barrels of oil equivalent per day to 27.4 thousand barrels of oil equivalent per day is expected to generate equal market growth and demand for sand control systems during the forecast period. Furthermore, according to the data published in Rystad energy Ucube in January 2019, global deepwater oil production is expected to increase at 700,000 barrels per day to reach daily production of 10 million barrels/day.

New crude oil and natural gas discoveries and high potential reserves create opportunities for companies operating in the sand control systems market. These new oil and gas discoveries require sand control systems to manage and prevent wells from producing sand. Therefore, newly discovered and potential oil & gas reserves are estimated to create lucrative opportunities for the sand control systems market.

However, the high costs associated with the operation and large stockpiles of crude oil are hindering the growth of the sand control systems market globally during the forecast period.

Market Segmentation

The global sand control systems market is segmented based on technique type into passive sand control systems and active and control systems. Active and control systems are further segmented into stand-alone screens, expandable sand screens, gravel packs, frac-pack, and chemical consolidation. Active sand control systems rely on the usage of filters to control sand production and it is intrusive in nature. The techniques used in active sand control systems include standalone screens, expandable sand screens, gravel packs, frac-pack, and chemical consolidation. Increasing demand for cost-effective, minimal operational technology by the oil and gas industry for the efficient retrieval of high-quality crude oil with minimal foreign particles are major factors driving the global active sand control system market during the forecast period. Gravel packs and screens dominate the global active sand control systems market owing to extensive usage of the technique by a wide group of drilling and exploration firms due to its high accuracy in sand protection and retrieval of high-quality crude oil and gas from the wells. The expandable sand screens market is expected to grow at a higher pace during the forecast period owing to high cost, low occurrence of lugging and erosion over standalone and increasing adoption of high-quality screens by globally renowned oil and gas industry players. 

Market Geographical Share

By region, the global sand control systems market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East, and Africa.

North America is expected to dominate the global sand control systems market owing to the high presence of off-shore oil and gas production and growing investment by the government and private players in the oil & gas industry in new explorations. The United States is expected to dominate the North America sand control systems market owing to an increase in the production of off-shore oil fields and the high presence of a well-established economy. According to the Report published in Energy Information Association in 2018, the off-shore oil production in the Gulf of Mexico increased from 1600 thousand barrels per day in 2016 to 1650 barrels per day in 2017.

Canada expected to grow at a 3.7% CAGR owing to Growing drilling activities across the country, increased FDI in the oil and gas industry and increased adoption of advanced technologies by the contractors for the retravel of high-quality crude oil are the major factors driving Canada sand control systems market. Increasing foreign investments in Oil and gas industry in Mexico and growing government support towards private players in the oil and gas industry in drilling and exploration are additionally contributing to the growth of the sand control systems market in Mexico.

Sand Control Systems Companies and Competitive Analysis

The global sand control systems market is moderately consolidated with international players. The companies are competing based on the price, product specifications, technologies, and market presence. The global sand control systems market share is characterized by competition based on prices and services provided to clients. The key strategies adopted by the key players in the global sand control systems include mergers and acquisitions between the regional players and global players for regional expansion of their sand control systems and business enhancement.

• In July 2017, National Oilwell Varco has launched the Bullmastiff Original (MO), an open hole, ball drop activated multistage frac system, which includes proppant and formation debris control.

• Adding to this, in March 2015, Halliburton’s Completion Tools business line launched the EquiFlow OptiSteam flow control device (FCD) for steam-assisted gravity drainage (SAGD) injectors.

Some of the key players in the global sand control systems market include Schlumberger, Halliburton, Baker Hughes, Weatherford, Tendeka, are among many others.