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Title: Umbilical Market Forecast By 2030 - PowerPoint PPT Presentation
Description: Fluctuating demand for oil & gas across diverse industrial sectors has created immense demand for petroleum products, which the report cites as a prominent driver for umbilical market growth. In comparison to onshore fields, costs of offshore machinery and rigs have risen significantly due to extreme operating conditions, in addition to the growing demand for high technical accuracy. Improved capital expenditure across offshore upstream activities might thus impede the investment capability across new reserves, hampering the growth potential of the umbilical market. – PowerPoint PPT presentation
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