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Gas and Oil Drill Bits Industry : Growth, Demand, Analysis, Opportunities, Forecast 2019

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Title: Gas and Oil Drill Bits Industry : Growth, Demand, Analysis, Opportunities, Forecast 2019


1
Global Gas and Oil Drill Bits Industry - Market
Research 2015-2019
2
Report Description
About drill bits in oil and gas industry Drill
bits are mechanical tools that cut and crush
rocks to create wellbores for the extraction of
hydrocarbons. They are mainly used in drilling
operations for oil or gas wells, either onshore
or offshore. They are broadly classified into two
major categories Fixed-cutter bits
Roller-cone cutter bits   Fixed-cutter
bits Fixed-cutter bits do not have moving cones.
They integrate cutting elements into the bits
body and are designed to excavate holes by
shearing, instead of cutting or gouging. Based on
type, they are classified into two PDCs
Natural diamond bits   Global Drill Bits in Oil
and Gas Industry Details _at_ http//www.bigmarketre
search.com/global-gas-and-oil-drill-bits-industry-
research-2015-2019-market  
3
Report Description
 Roller-cone cutter bits Roller-cone cutter bits
include three individually rotating cones. They
are designed to drill any formation by adjusting
cutters, bearings, and nozzles. Depending on the
design of their teeth, they are classified into
two Milled-tooth bits Tungsten carbide
inserts   Global Drill Bits in Oil and Gas
Industry to grow at a CAGR of 4.05 in terms of
over the period 2014-2019. Report Enquiry _at_
http//www.bigmarketresearch.com/report-enquiry/3
31281
4
Report Description
  Covered in this report The report includes the
present scenario and the growth prospects of
global drill bits in oil and gas industry for the
period 2015-2019. The market can be segmented
into three based on type, application, and
geography.   Global Drill Bits in Oil and Gas
Industry 2015-2019, has been prepared based on an
in-depth market analysis with inputs from
industry experts. The report covers APAC, EMEA,
and the Americas it also covers the landscape of
the global drill bits in oil and gas industry and
its growth prospects in the coming years. The
report includes a discussion on the key vendors
operating in this market.   Key geographies
Americas APAC EMEA  
5
Report Description
Key vendors Baker Hughes Halliburton
National Oilwell Varco Schlumberger Varel
International   Other prominent vendors Atlas
Copco Cangzhou Great Drill Champion Cutting
Tool Driltec Guizhou Sinodrills Equipment
Irwin Industrial Tool NewTech Drilling
Products Rock River Tool Weatherford
International
6
Report Description
Market driver Increased demand for oil and gas
worldwide For a full, detailed list, view our
report   Market challenge Fluctuating oil
prices For a full, detailed list, view our
report   Market trend Integration of drill bits
into bottom-hole assemblies For a full,
detailed list, view our report   Key questions
answered in this report What will the market
size be in 2019 and what will the growth rate
be? What are the key market trends? What is
driving this market? What are the challenges to
market growth? Who are the key vendors in this
market space? What are the market opportunities
and threats faced by the key vendors?
7
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l-drill-bits-industry-research-2015-2019-market
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