Global Vacuum Degasser Market Growth 2023-2029

Global Vacuum Degasser Market Growth 2023-2029

Vacuum Degassers is a kind of device used in drilling to remove gasses from drilling fluid which could otherwise form bubbles. The form of vacuum degasser can be horizontal, vertical or round vessel. A vacuum action is created to pull in the gas cut mud. When the liquid enters the tank it will flow and be distributed to a layer of internal baffle plates designed for the mud to flow in thin laminar film and is exposed to a vacuum that forces the gas to escape and break out of the mud. The vacuum pump moves the escaping gas from the vessel discharging it to the rig's flare or environmental control system. Nowadays, vacuum degassers are very specific products for their detailed utility on different area, their sizes and capacities are quite different from each other.

LPI (LP Information)' newest research report, the “Vacuum Degasser Industry Forecast” looks at past sales and reviews total world Vacuum Degasser sales in 2022, providing a comprehensive analysis by region and market sector of projected Vacuum Degasser sales for 2023 through 2029. With Vacuum Degasser sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vacuum Degasser industry.

This Insight Report provides a comprehensive analysis of the global Vacuum Degasser landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vacuum Degasser portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Vacuum Degasser market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vacuum Degasser and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vacuum Degasser.

The global Vacuum Degasser market size is projected to grow from US$ 377.6 million in 2022 to US$ 461.4 million in 2029; it is expected to grow at a CAGR of 461.4 from 2023 to 2029.

Global Vacuum Degasser key players include M-I Swaco, Reflex, IMI(Hydronic Engineering), Spirotech, etc. Global top four manufacturers hold a share over 65%.

Europe is the largest market, with a share about 30%, followed by China, and North America, both have a share over 45 percent.

In terms of product, Commercial Vacuum Degasser Tank is the largest segment, with a share over 65%. And in terms of application, the largest application is Heating, Chilled Water and Solar Systems, followed by Oil and Gas Mining, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Vacuum Degasser market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Commercial Vacuum Degasser Tank
Gigantic Industrialized Degasser
Others

Segmentation by application
Heating, Chilled Water and Solar Systems
Oil and Gas Mining
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
M-I Swaco
Reflex
IMI(Hydronic Engineering)
Spirotech
Elgin
Derrick
TSC Group
Flacmo
GN Solids Control Co., Ltd
DC Solid Control

Key Questions Addressed in this Report

What is the 10-year outlook for the global Vacuum Degasser market?

What factors are driving Vacuum Degasser market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Vacuum Degasser market opportunities vary by end market size?

How does Vacuum Degasser break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.