Middle East and Africa Cutting Pipe & perforating Pipe Drilling Tools Market Forecast (2017-2025)

Year SOUTH AFRICA REST OF MIDDLE EAST AND AFRICA SAUDI ARABIA UAE
2017 $ 23.3 $ 32.8 $ 68.6 $ 40.2
2018 $ 24.0 $ 33.8 $ 72.0 $ 41.7
2019 $ 24.6 $ 34.4 $ 74.8 $ 42.8
2020 $ 25.5 $ 35.6 $ 78.7 $ 44.5
2021 $ 26.4 $ 36.8 $ 82.9 $ 46.3
2022 $ 27.4 $ 38.0 $ 87.4 $ 48.2
2023 $ 28.6 $ 39.5 $ 92.6 $ 50.5
2024 $ 29.8 $ 41.1 $ 98.0 $ 52.8
2025 $ 31.2 $ 42.9 $ 104.3 $ 55.6
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Middle East and Africa Cutting Pipe & perforating Pipe Drilling Tools Market Forecast (2017-2025)

Synopsis
The above chart is Global Cutting Pipe & perforating Pipe Drilling Tools market [2017-2025] by Middle East and Africa

Market Dynamics

Saudi arabia accounted for the largest market share in 2018 in the middle east and africa cutting pipe & perforating pipe drilling tools market, and is expected to reach usd 104.30 million in 2025 from usd 72.00 million in 2018. however, saudi arabia is the fastest growing market, which is expected to grow at a cagr of 5.70% during the forecast period 2019 - 2025.this market is projected to grow at a cagr of 5.70% during the forecast period from 2019 - 2025. onshore segment accounted for the larger market share in 2018, this market is expected to reach usd 149.60 million in 2025 from usd 111.40 million in 2018. this market is projected to grow at a cagr of 4.65% during the forecast period from 2019 - 2025. however, offshore segment is the fastest growing market, which is expected to grow at a cagr of 5.08% during the forecast period 2019 - 2025. abrasives segment accounted for the largest market share in 2018, this market is expected to reach usd 52.80 million in 2025 from usd 37.50 million in 2018. this market is projected to grow at a cagr of 5.09% during the forecast period from 2019 - 2025. however, fluidic cutters segment is the fastest growing market, which is expected to grow at a cagr of 5.81% during the forecast period 2019 - 2025.

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