Well Casing & Cementing Market Overview 2019-2024: Diversely changing Market Trends with Potential Business Growth

Well Casing & Cementing Market Overview 2019-2024: Diversely changing Market Trends with Potential Business Growth

A fresh report titled “Well Casing & Cementing Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 197 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. An exclusive data offered in this report is collected by research and industry experts team.

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The Well Casing & Cementing Market is projected to reach US$ 11.7 Billion by 2024 from an estimated US$ 9.2 Billion in 2019, at a CAGR of 5.0% during the forecast period. This report spread across 197 pages, profiling 13 companies and supported with 134 tables and 55 figures is now available in this research.

Top Key Players profiled in the Well Casing & Cementing Market:

Halliburton (US)

Schlumberger(US)

BHGE(US)

Weatherford (US)

NOV (US)

The well type segment is categorized as horizontal and vertical, the two drilling methods adopted by companies. In 2018, horizontal wells accounted for about 70% of the wells drilled globally. This is majorly due to the increasing drilling activities in the Middle East and Europe, where horizontal drilling is more prominent. North America is expected to hold the largest horizontal well type market, with continuous shale developments in lower-48 states in the US.

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“North America: The largest and the fastest growing region in the well casing & cementing market”

North America is expected to dominate the global well casing & cementing market between 2019 and 2024. The North American drilling activity has risen drastically, owing to the stabilized WTI crude oil prices since 2016. Moreover, the continuous shale activities in the region are driving the demand for well casing & cementing. The upstream operators, such as Total, ExxonMobil, Chevron, and Apache, also have a major presence in North America.

Report Highlights:

  • To analyze major tools and equipment used for well casing & cementing services
  • To forecast the market size of segments with respect to major regions, namely, North America, South & Central America, the Middle East, Europe, Asia Pacific, and Africa
  • To define, describe, and forecast the global well casing & cementing market on the basis of type, well type, service type, operation type, application, and region
  • To provide detailed information on the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and industry-specific challenges
  • To strategically analyze the micromarkets with respect to individual growth trends, future prospects, and contribution to the total market
  • To analyze market opportunities for stakeholders and details of the competitive landscape for market leaders
  • To strategically profile key players and comprehensively analyze their respective market share and core competencies
  • To track and analyze developments in the well casing & cementing market, such as new product launches, expansions, mergers & acquisitions, and contracts & agreements

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