Offshore Decommissioning Market Research Report by Removal, by Structure, by Depth, by Services - Global Forecast to 2025 - Cumulative Impact of COVID-19

By Benzinga7 days ago

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New York, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report “Offshore Decommissioning Market Research Report by Removal, by Structure, by Depth, by Services - Global Forecast to 2025 - Cumulative Impact of COVID-19“ -

Market Statistics:

The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. This helps organization leaders make better decisions when currency exchange data is readily available.

1. The Global Offshore Decommissioning Market is expected to grow from USD 6,247.16 Million in 2020 to USD 7,264.59 Million by the end of 2025.

2. The Global Offshore Decommissioning Market is expected to grow from EUR 5,477.62 Million in 2020 to EUR 6,369.73 Million by the end of 2025.

3. The Global Offshore Decommissioning Market is expected to grow from GBP 4,869.62 Million in 2020 to GBP 5,662.70 Million by the end of 2025.

4. The Global Offshore Decommissioning Market is expected to grow from JPY 666,730.40 Million in 2020 to JPY 775,316.56 Million by the end of 2025.

5. The Global Offshore Decommissioning Market is expected to grow from AUD 9,071.70 Million in 2020 to AUD 10,549.16 Million by the end of 2025.

Market Segmentation & Coverage:

This research report categorizes the Offshore Decommissioning to forecast the revenues and analyze the trends in each of the following sub-markets:

“The Leave in Place is projected to witness the highest growth during the forecast period“

Based on Removal, the Offshore Decommissioning Market studied across Complete Removal, Leave in Place, and Partial Removal. The Complete Removal commanded the largest size in the Offshore Decommissioning Market in 2020. On the other hand, the Leave in Place is expected to grow at the fastest CAGR during the forecast period.

“The Topsides is projected to witness the highest growth during the forecast period“

Based on Structure, the Offshore Decommissioning Market studied across Subsea Infrastructure, Substructure, and Topsides. The Topsides commanded the largest size in the Offshore Decommissioning Market in 2020, and it is expected to grow at the fastest CAGR during the forecast period.

“The Shallow Water is projected to witness the ...

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