Strategic Overview of the Surface Preparation Abrasives Market
A
distortion-free operation of the offshore equipment is crucial for
the efficiency of the whole plant. Large portion of investments are
being allocated towards the maintenance of offshore oil and gas
platforms with the purpose of maximizing oil production operations.
The requirements for maintenance of offshore oil and gas platforms
are significantly higher than those of onshore oil and gas platforms
owing to the restricted reach ability of plants along with a
continual exposure to the bad weather conditions. The failure of
offshore equipments is not necessarily only associated with the cost
of repairing the equipments and components, but also the loss of
operating time.
Read
Report Overview @
For
instance, an offshore structure extracting 45,000 barrels of crude
oil per day at USD 25 per barrel could return nearly USD 1.13 million
a day. Thus, the opportunity costs during production shutdowns or
equipment failure are very huge. Henceforth, the plant owners are
laying an emphasis on utilizing maintenance solutions that minimizes
the adverse effect on offshore production operations. In addition to
the effective utilization of maintenance solutions, market players
also require the performance within time, space, and budget
constraints for the offshore structure environments.
Surface
preparation is one of the key techniques applied to protect offshore
equipments by applying a film-forming material. Coating maintenance
when 2% to 8% of the coating is failing is one of the general trends
observed in the industry. This reduces the scale of operations
required to restore the coating’s effectiveness and reduce
corrosion. The above operation ultimately lowers the potential for
future interruption of the offshore operations and total life-cycle
cost. The basic purpose of surface preparation is to improve the
service lives/performance of the offshore equipments.
The
overall market for surface preparation abrasives can be broadly
classified into three categories: product types, technology, and
geography. On the basis of product types, the global surface
preparation abrasives market can be segmented as expendable blast
cleaning abrasives and recyclable abrasives. The proper choice of
right abrasives can provide any surface profile (roughness) and
surface cleanliness. On the basis of technology, the global surface
preparation abrasives market can be segmented as plaint media
blasting, abrasive air blasting, vibratory and mass finishing, wheel
blasting, shot peening, wet blasting, micro blasting, and
painting/coatings among others. Plaint media blasting, abrasive air
blasting, vibratory and mass finishing, and painting/coatings are
some of the widely used surface preparation techniques. With the
technological advancements in the surface preparation techniques, a
variety of new, meaningful, value-oriented choices are gaining
popularity in the market. Considerations like disposal costs,
consumption rates, containment costs, personnel safety, process
cleanliness, freight costs, and media handling are the parameters
increasingly driving decision to the use of one technology over
another.
The
global surface preparation abrasives market for the oil and gas
industry is expected to register moderate to high growth in the
future. Gradually rising need for effective and continual operation
of the offshore operations and productions is anticipated to drive
growth in the market. The huge opportunity cost associated with the
failure of offshore equipments and platforms augments growth in the
global surface preparation abrasives market for the oil and gas
industry. Ample of growth opportunity exists due to the surge in the
offshore deepwater and ultra-deepwater activities. Regionally, the
market segmentation may be done by identifying high growth areas in
the offshore oil and gas industry.
Request
to view Sample Report:
Some
of the key players in the global surface preparation abrasives market
for the oil and gas sector includes Blastmaster Pty Ltd.; Dynamic
Co.; Polyseal Coating Solutions; Sibelco Europe; Surface Preparation;
and Sponge-Jet, Inc.
About
Us
Transparency
Market Research (TMR) is a global market intelligence company
providing business information reports and services. The company’s
exclusive blend of quantitative forecasting and trend analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of analysts, researchers, and consultants
use proprietary data sources and various tools and techniques to
gather and analyze information.
TMR’s
data repository is continuously updated and revised by a team of
research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
Contact
Transparency
Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel:
+1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Comments
Post a Comment