Manufacturing of Downhole Seals Used for Oil and Gas Industry from Synthetic Rubber.
Downhole tools helps in minimizing the cost involved in performing oil recovery related activities from an oil well and helps in improving the life of an oil well and thus, improving the continuous flow of fluid. These tools performs various operations such as fishing of any leftover equipment/tool in the borehole, repairing & performing any cementing and well casing operations, well measurement, creating fracs in the reservoir bed, etc.
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Downhole tools that perform a sealing mission are frequently expected to have a 20-year service life. For any seal to perform over its intended service life, its materials must possess longevity and its configuration must perform reliably. This paper will describe how the developers of Downhole seal systems combine advanced seal material selection methods with reliability-based design to achieve function, longevity, and reliability goals for offshore applications.
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Market Outlook
The growth of the segment is mainly attributed to the increased use of oil & gas processing seals because of their ability to sustain high pressure and temperature. These seals are designed for both static and dynamic applications. The distortion of the double seal helps in preventing the leakage, thus creating a seal. The above-mentioned factors are responsible for driving the demand for oil & gas processing seals.
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Over the past decade, process industries have increasingly laid emphasis on the reliability of mechanical seals they employ in their plants. The simple function of these seals is to provide sealing to fluid in either rotating shaft or the housing structure. Nonetheless, the factors underlying the apt choice in a process application is anything but easy. Equipment manufacturers in the mechanical seals market are on their heels to meet the wide cross-section of demands in end-use industries, especially the chemical industry. The growing incidence of mechanical seal failures leading to costly plant downtime in the industry is what makes their task tougher. Meeting the industry needs of harsh conditions may be the singular factor motivating innovation in the mechanical seals market.
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The drivers for oilfield consumables market includes the increasing demand for energy and discovery of new oil & gas reserves around the globe. In recent years, oil & gas production has increased enormously worldwide. New energy sources and advanced drilling technology will further bolster the demand for oilfield consumables.
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Factors such as increase in demand for advanced technology, tools and equipment to increase efficiency of exploration and production activities in onshore and offshore areas is expected to drive the market for oilfield services. However, the volatile oil prices over the recent period, owing to the supply-demand gap, geopolitics and several other factors has been restraining the growth in the demand for oilfield services market. The current market landscape are continually seeking new ways to minimize drilling vibrations, develop dynamic developing models, and downhole telemetry. A surge in demand for downhole tools is expected during the forecast period, as technologies, production, and manufacturing operations continue to be in-sync with applications of the modern-day oil & gas sector. At the back of these factors, the global downhole tools market is expected to reach a value of ~US$ 8.5 Bn by the end of 2027.
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Key Players:-
Apollo Trade Ltd.
Field Services (India) Ltd.
Hi Tech Arai Pvt. Ltd.
Proseal Closures Ltd.
Rubber Products Ltd.
Sankar Sealing Systems Pvt. Ltd.
Sigma Freudenberg Nok Pvt. Ltd.
Super Seals India Ltd.
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