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QYResearch: The global market for Multiphase Pumps is expected to reach about 540.57 M USD by 2022

More Info: http://www.qyresearchglobal.com/goods-888784.html Global Multiphase Pumps Industry 2017 Market Research Report is a professional and in-depth study on the current state of the Multiphase Pumps market. Annual estimates and forecasts are provided for the period 2011 through 2021. Also, a six-year historic analysis is provided for these markets. The global market for Multiphase Pumps is expected to reach about 540.57 M USD by 2022 from 356.29 M USD in 2016, registering a Compounded Annual Growth Rate (CAGR) of 3.98% during the analysis period, 2012-2022.

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QYRESEARCH Multiphase Pumps that can handle the complete production from a well (oil, natural gas, water and sand, for example) without needing to separate or process the production stream near or at the wellhead. This reduces the cost associated with the surface facilities. Using multiphase pumps allows development of remote locations or previously uneconomical fields. Additionally, since the surface equipment, including separators, heater-treaters, dehydrators and pipes, is reduced, the impact on the environment is also reduced. Multiphase pumps can handle high gas volumes as well as the slugging and different flow regimes associated with multiphase production. Multiphase pumps include twin-screw pumps, piston pumps and helicoaxial pumps.

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