Global Oil and Gas Accumulator Category - Procurement Market Intelligence Report

Global Oil and Gas Accumulator Category - Procurement Market Intelligence Report

  • July 2018 •
  • 103 pages •
  • Report ID: 5482970 •
  • Format: PDF
About Oil and Gas Accumulator Market

Oil and gas accumulators are used in crude oil exploration and drilling activities to mitigate dangerous hazards associated with personal and environmental safety at exploration units. Accumulators are used as hydraulic systems in various applications to store energy, reduce pressure fluctuations, as well as to control leakage compensation. Further, the outer shell of these accumulators is made of commodity metals such as stainless steel, titanium, and aluminum.
Moreover, the demand for petroleum products is driven by the growing population, globalization, industrial activities, and transportation. Therefore, the rise in demand for oil and gas is predominantly resulting in increasing exploration activities by oil and gas companies worldwide.

Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Oil and Gas Accumulator Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

SpendEdge’s report, Global Oil and Gas Accumulator Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver
• Increase in demand for petroleum products
• For a full, detailed list, view our report
Category management strategy
• Maximization of cost savings through the reduction of procurement spend
• For a full, detailed list, view our report

Procurement best practices
• Adopt demand management strategies through collaboration with suppliers
• For a full, detailed list, view our report

Key questions answered in this report
• What are the market dynamics?
• What are the key market trends?
• What are the category growth drivers?
• What are the constraints on category growth?
• Who are the suppliers in this market?
• What are the demand-supply shifts?
• What are the major category requirements?
• What are the procurement best practices in this market?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.