Enjoy complimentary customisation on priority with our Enterprise License!
The well abandonment services market size is forecast to increase by USD 1.18 billion at a CAGR of 4.88% between 2023 and 2028. The maturing oil and gas fields are leading to an increase in the number of wells that need to be abandoned or decommissioned, creating a demand for well abandonment services and technologies. Regulatory requirements for well abandonment are also playing a key role, as governments and regulatory bodies are imposing stricter rules and regulations to ensure the safe and environmentally sound decommissioning of wells. Additionally, the rise of renewable energy is influencing the market by shifting focus towards cleaner and more sustainable energy sources, which could potentially impact the demand for traditional oil and gas services in the long term. It also includes an in-depth analysis of market trends and analysis, market growth analysis and challenges. Furthermore, the report includes historic market data from 2018 - 2022.
To learn more about this report, View Report Sample
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.