Well Casing & Cementing Market Forecasts and Growth Opportunity By Industry Players: Halliburton, Schlumberger, BHGE Weatherford, NOV and Others.

ReportsnReports offers a latest published report on “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.

Get Free Sample Copy @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=2282314 .

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.

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.

The Offshore segment is expected to be the fastest growing application sub segment during the forecast period, owing to the new discoveries in the deep water and ultra-deepwater locations. The offshore wells create demand opportunities for well casing & cementing due to challenging geographic conditions and regulatory standards by nations. Moreover, recent discoveries in Guyana, the US, and Cyprus located in ultra-deepwater, which is wholly owned by oil majors, indicates that oil companies aim to focus on deepwater exploration. This is driving the offshore segment of 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 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 analyze major tools and equipment used for well casing & cementing services

• 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

Enquire about report @ https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=2282314 .

Top Companies profiled in the Well Casing & Cementing Market include are Halliburton (US), Schlumberger (US), BHGE (US), Weatherford (US), NOV (US).

Corporate Headquarters
Tower B5, office 101,
Magarpatta SEZ,
Hadapsar, Pune-411013, India

About Us:
ReportsnReports provides you the further information and more details with intelligence needs for your business. Access to in-depth market trends helps companies to assess the market effectiveness. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

This release was published on openPR.