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Drill bits market for oil & gas industry is expected to reach us$ 82 bn by 2023, expanding at a cagr of 61% over the forecast period 2016 to 2023. 14 united states market size sales 242 roller cone downhole drill bit market share of top 3 and top 5 4 united states roller cone downhole drill bit.
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Global oil and gas drill bit market size was valued at usd 490 billion in 2014 high rate of fossil fuel extraction to meet the surging global energy demand has been.
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