Well Casing and Cementing Market will be Valued at $13.86 Billion by 2026 | Top Key Vendors – Halliburton, Tenaris, TMK Group, Schlumberger
Global Well Casing & Cementing Market Report 2019 offers elaborated knowledge on the market parts like size, Key Regions, growth, trends, dominating firms, Major Manufactures. The Well Casing & Cementing report introduces market competition situation among the vendors, revenue, product & services, latest developments and business strategies.
Overview of the Global Well Casing & Cementing Market:
The report spread across 162 pages is an overview of the Global Well Casing & Cementing Market. These report study based on the Well Casing & Cementing Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.
The Global Well Casing & Cementing Market is accounted for $7.86 Billion in 2017 and is expected to reach $13.86 Billion by 2026 growing at a CAGR of 6.5%. Factors such as demand from the onshore & offshore fields in the Gulf of Mexico and continuous shale developments are some of the key driving factors for the market growth. However, decreasing oil demand from Europe is hampering market growth.
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A good casing is a lining that is installed in an oil well once it is drilled and surrounds the well entirely. The casing is typically hollow steel pipe that lines the inside of the wellbore Well cementing is the process of introducing cement to the annular space between the well-bore and casing or to the annular space between two successive casing strings.
Based on the application, the offshore segment is expected to grow at the fastest rate during the forecast period. The growth of this segment is mainly driven by the cost decrease and digitalization of the oil & gas offshore projects.
Geographically, North America is estimated to be the largest market during forecast period. The market is driven by the growth in alternative resources in the US and Canada and demand from the onshore & offshore fields in the Gulf of Mexico.
This comprehensive Well Casing & Cementing Market research report 2019 – 2026 includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers.
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Major Key Players:
3 TMK Group
4 National Oilwell Varco
5 Schlumberger Limited
6 Centek Group
7 Baker Hughes and More…………..
Market Segment by Equipment & Service Types:
1 Cementing Equipment & Services
2 Casing Equipment & Services
Market Segment by Types:
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This study answers to the below key questions:
1 What will the market size be in 2026 and what will the growth rate be?
2 What are the key market trends?
3 What are the challenges to market growth?
4 Who are the key players in this market?
5 What are the market opportunities and threats faced by the key players?
Table of Contents:
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Well Casing & Cementing Market, By Equipment & Service Type
6 Global Well Casing & Cementing Market, By Type
7 Global Well Casing & Cementing Market, By Well Type
8 Global Well Casing & Cementing Market, By Operation Type
9 Global Well Casing & Cementing Market, By Application
10 Global Well Casing & Cementing Market, By Geography
11 Key Developments
12 Company Profiling
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