The global blowout preventer market is growing at a CAGR of 4.22% from 2014 to 2022. The market was worth US$26.096 billion in 2013 and will be valued at US$38.5833 billion by 2022.Blowout preventers (or BOP) are large valve stacks that are installed over fluid lines. 653 more words
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The global BOP market revenue for stood at USD 26,096 million in 2013 and is expected to reach USD 38,583.3 million by 2022 at a CAGR of 4.22% from 2014 to 2022. 571 more words