Amid the COVID-19 crisis, the global market for Zonal Isolation estimated at ThousandUS$19.5 Billion in the year 2020, is projected to reach a revised size of ThousandUS$28.1 Billion by 2027, growing at aCAGR of 5.3% over the period 2020-2027. Mechanical Zonal Isolation, one of the segments analyzed in the report, is projected to record 5% CAGR and reach ThousandUS$11.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Chemical Zonal Isolation segment is readjusted to a revised 5.5% CAGR for the next 7-year period.
The Zonal Isolation market in the U.S. is estimated at ThousandUS$5.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of ThousandUS$5 Billion by the year 2027 trailing a CAGR of 8.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 4.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.We bring years of research experience to this 8th edition of our report. The 275-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Segments Covered in the Report - Application (Onshore Zonal Isolation, Offshore Zonal Isolation) Technology (Mechanical Zonal Isolation, Chemical Zonal Isolation)
Geographies Analyzed in the Report - World United States Canada Japan China Europe (France Germany Italy United Kingdom Spain Russia and Rest of Europe) Asia-Pacific (Australia India South Korea and Rest of Asia-Pacific) Latin America (Argentina Brazil Mexico and Rest of Latin America) Middle East (Iran Israel Saudi Arabia United Arab Emirates and Rest of Middle East) and Africa.
For cutting edge analyst reviews on top industries, follow us on Twitter and connect with us on LinkedIn
About Global Industry Analysts, Inc. Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world`s only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.
Director, Corporate Communications
Global Industry Analysts, Inc.