MARKET INTRODUCTION

The well casing is a process, which inhibits the entry of external toxins in the well stream and safeguards the stoppage of contamination of the groundwater owing to the produced oil and gas. Whereas, in the well cementing, the cement slurry flows to the bottom of the well via casing, such as pipe through which the hydrocarbons flow to the surface. Several types of equipment used in the well casing and cementing are liners, wiper plugs, float equipment, and others.

MARKET DYNAMICS

The continuous shale developments are propelling the growth of the global well casing and cementing market. However, decreasing oil demand from European countries might hinder the growth of the global well casing and cementing market. Furthermore, technological developments in carrying out well drilling procedures are anticipated to create opportunities for the well casing and cementing market during the forecast period.

MARKET SCOPE

The "Global Well Casing and Cementing Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the global well casing and cementing market with detailed market segmentation by type, equipment and service type, well type, application and geography. The global well casing and cementing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading well casing and cementing market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global well casing and cementing market is segmented on the type, equipment and service type, well type, and application. On the basis of type, the well casing and cementing market is segmented into casing and cementing. On the basis of equipment and service type, the well casing and cementing market is segmented into casing equipment and services, casing supporting equipment and services, cementing equipment and services. On the basis of well type, the well casing and cementing market is segmented into horizontal well and vertical well. On the basis of application, the well casing and cementing market is segmented into onshore and offshore.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global well casing and cementing market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The well casing and cementing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of eighteen countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the well casing and cementing market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces Analysis on a global scenario.

MARKET PLAYERS

The reports cover key developments in the well casing and cementing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from well casing and cementing market are anticipated to lucrative growth opportunities in the future with the rising demand for aerospace bearings in the global market. Below mentioned is the list of few companies engaged in the well casing and cementing market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the well casing and cementing market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.

- Baker Hughes, A GE Company

- Centek Group

- Frank's International N.V.

- Halliburton

- Innovex Downhole Solutions

- Nabors Industries Ltd.

- Schlumberger Limited

- Tenaris

- Trican Well Service Ltd.

- Weatherford International plc

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.