Global Fluid Handling Services Market

Dec 2019| VMF002A| Verified Market Research

Report Highlights

Global Fluid Handling Services Market Size By Type, By Industry, By Geographic Scope And Forecast

According to Verified Market Research, The Global Fluid Handling Services Market was valued at USD 5.75 Billion in 2018 and is projected to reach USD 8.46 Billion by 2026, growing at a CAGR of 5.09% from 2019 to 2026.

The fluid handling systems play a vital role in several end-use industries as they help in the smoother operations at the entire facility with lesser waste and greater longevity of the machineries. Fluid handling system are used to direct, measure and maintain the flow different types of liquids or fluids that flow throughout the facilities. Everything from liquid chemicals to fluid gas can pass through one of these systems. Even though the different components of the systems are constructed taking into consideration durability of the systems, no matter the size and complexity, improper maintenance of the systems and fluids can result into increased downtime and operating costs. In order to ensure the smooth functioning of the liquid flow in various lines, fluid handling services are used by the end-use industries.

The fluid handling systems are growingly being adopted in various end-use industries due to the increasing demand of several types of pumps in oil and gas industry, rising demand for advanced systems in the oil & gas, chemical and wastewater management industries and increasing focus on plant automation. They also aid in preventing high machinery repair costs and production downtime. As the growth of fluid handling services market is directly proportional to the growth of fluid handling systems market, the rising penetration of such systems would require repair and maintenance services during their life cycle, hence boosting the market for fluid handling services globally. Moreover, the growing consumption of natural gas and crude oil is expected to have a significant positive impact on the market.

Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.

Verified Market Research
Price: $3950

Become a Member

Already a member? Login to access this report free.

Have a Question? Ask Us.

Why BCC Research?

Every purchase provides access to:

  • Thousands of recently published reports from select publishers
  • Member Discounts of up to 50% on over 20,000 additional reports from all publishers
  • Our analysts and research concierge for all inquiries
Custom Research

Need a custom data table, graph or complete report? Tell us more.

RELATED REPORTS