Chetana Gardas29 Jul, 2024News
The Global Packer Market was valued as a USD 6.2 Bn market in the year 2023 and is expected to grow at 6.8% CAGR to become a USD 9.83 Bn market by the year 2030. Packer is a tool used in the oil and gas industry to isolate and control fluids in a wellbore. Packers create a seal between the outside of the tool and the inside of the good casing or borehole, preventing the flow of fluids or gases between different zones in the well.
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