China Flexible Corrugated Rubber Hose Well Drilling For The Energy Industry Manufacturers, Suppliers, Factory

Hydraulic hoses are undoubtedly a powerful assistant in the modern industrial field, and their figures can be found in every corner from construction machinery to marine engineering. The following are the key roles they play in different application fields:

Market size, by the end of 2035, the hydraulic fracturing market will have surpassed usd 62 billion and be expanding at a cagr of 7% over the forecast period from 2023 to 2035. hydraulic fracturing's global market size in 2022 was about 35 billion usd. the rising cost of crude oil can be attributed to the market's expansion.

On May 6, 2024 in Houston, USA, as one of the exhibitors of the globally renowned Offshore Technology Conference (OTC), Yitai Tech successfully concluded its first day of the exhibition. At the exhibition, Yitai Technology showcased the latest technology and products, and had in-depth exchanges with numerous customers and partners. Yitai Technology is an enterprise dedicated to the research and production of intelligent rubber hoses, committed to providing high-performance and reliable transportation and connection solutions for the marine and onshore petroleum industries. The company has a highly skilled R&D team and advanced production equipment. Its products are exported overseas and have been recognized and trusted by a large number of customers.

China started drilling its first scientific exploration well with a depth of more than 10,000 meters in Northwest China's Xinjiang Uygur autonomous region on Tuesday, operator China National Petroleum Corporation said.