North America oilfield roller chain market is projected to grow at a CAGR of 6.59%, in value terms, during 2017-2022
Summary
According to "North America Oilfield Roller Chain Market By Application, By Type, By Country, Competition Forecast & Opportunities, 2012 – 2022", North America oilfield roller chain market is projected to grow at a CAGR of 6.59%, in value terms, during 2017-2022, on account of increasing offshore field development activities being undertaken in Gulf of Mexico.During the forecast period, oil & gas companies are expected to flock the prospective offshore Gulf of Mexico.In 2016, BP announced plans to invest $ 9 billion to explore in deep waters of the Gulf of Mexico.• To help industry consultants, oilfield roller chain manufacturers, distributors and other stakeholders align their market-centric strategiesPrimary research included interaction with oilfield roller chain manufacturers, distributors and industry experts.