Global Reverse Circulation Drilling Market Worth $ 12.9 Billion by 2019

Reverse Circulation Drilling is a variation of the rotary drilling method in which the cuttings are pumped up and out of the drill pipe, an advantage in certain large diameter holes. Reverse Circulation Drilling includes The centre-sample system and The conventional cross-over system on the base of classification, which represent 47% and 40% of global Reverse Circulation Drilling market. 

Petrochemical industry and Mining industry are the main application of Reverse Circulation Drilling product and Asia is the largest Reverse Circulation Drilling market on production and consumption.

Global Reverse Circulation Drilling market is projected to reach $ 12.9 Billion by 2019, with a GAGR of 2.5% from 2015, and Asia will have a big dynamic momentum on the market growth. The major players in the global Reverse Circulation Drilling market are Dynatech, Hanfa, RANRAN MACHINERY, SBD Group, Boart Longyear, Atlas Copco, Northspan Explorations Ltd., Soilmec S.p.A. etc.


Reverse Circulation Drilling


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The report firstly introduced the Reverse Circulation Drilling basics: definitions, classifications, applications and industry chain overview; industry policies and plans; product specifications; manufacturing processes; cost structures and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, capacity utilization, supply, demand and industry growth rate etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

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Joanna | Executive – International Business and partner Relations
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