Downhole Tools Market to Expand at a CAGR of 5.2%by 2028 Downhole Tools Market Summary:
The global downhole tools market size was USD 4.78 Billion in 2020 and is expected to register a CAGR of 5.2% during the forecast period. Market growth is majorly driven by increasing number of rigs, extensive exploration and production activities across deep-sea beds, and increasing use of downhole tools in gas and oil production.
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