Global Sand Screens Market to Reach $805.8 Million by 2030
The global market for Sand Screens estimated at US$597.9 Million in the year 2023, is expected to reach US$805.8 Million by 2030, growing at a CAGR of 4.4% over the period 2023-2030. Onshore Application, one of the segments analyzed in the report, is expected to record 4.6% CAGR and reach US$432 Million by the end of the analysis period. Growth in the Offshore Application segment is estimated at 4.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $158.6 Million, While China is Forecast to Grow at 6.5% CAGR
The Sand Screens market in the U.S. is estimated at US$158.6 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$168.9 Million by the year 2030 trailing a CAGR of 6.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 3.6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.
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