Drill Collar Market Forecast Report To 2020: Grand View Research, Inc.

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Grand View Research, Inc: Global Drill Collar Market, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020

Global drill collar market is expected to witness considerable growth over a foreseeable period owing to increasing energy demand along with surging drilling and E&P activities globally. Low crude oil spot prices coupled with growing energy demand is expected to complement the global drill collar market expansion over the next six years. Increasing investment from major players to increase the crude oil production rates is likely to propel the market growth in future. Rising E&P activities across the globe is further expected to create an immense opportunity for the new entrants as well as existing players over the forecast period.

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