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Packer Market

The new report published by Transparency Market Research, titled “Packer Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020”, analyzes the global packer market and presents a forecast about the future state of this market over the 2014-2020 period. The report states that the market, which was valued at US$2.7 bn in 2013, will expand at a healthy 9.0% CAGR over the report’s forecast period and rise to a value of US$4.9 bn by 2020.

Download the Sample Report Here :http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3557

 

The report states that factors such as an overall rise in the global demand for fossil fuels, spurred by the ever-increasing population and economic development, are crucial in driving the overall demand for packers across the globe. While the demand for energy is continuously rising owing to rapid industrialization, an increase in drilling activities across major oil and gas producing areas is also a key factor driving an increase in demand for packers.

 

 

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