Press release
Casing Centralizer Market to Witness Robust Expansion by 2024
Casing Centralizer is a device used to place the casing at the center of the hole so as to improve the efficiency of the cementing. It is an important device because if the Casing Centralizer touches the formation at any part of the hole, then cement slurry does not pass through the area of the contact resulting in a poor cementing job.
The global revenue of Casing Centralizer market was valued at 395.34 M USD in 2017 and is expected to reach USD 670.10 M USD in 2025. North America has the largest global export quantity and manufacturers in Casing Centralizer market, while the Europe is the second sales volume market for Casing Centralizer in 2017.
According to this study, over the next five years the Casing Centralizer market will register a 7.1% CAGR in terms of revenue, the global market size will reach US$ 583.9 million by 2024, from US$ 444.2 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Casing Centralizer business, shared in Chapter 3.
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This report presents a comprehensive overview, market shares, and growth opportunities of Casing Centralizer market by product type, application, key manufacturers and key regions and countries.
This study considers the Casing Centralizer value and volume generated from the sales of the following segments:
Market Segment by Manufacturers, this report covers
Neoz Energy
DRK Oiltools
Halliburton
Weatherford International
Summit Casing Equipment
National Oilwell Varco
Sledgehammer Oil Tools
Centek Group
Ray Oil Tool Company
Zhongshi Group
Dezhou Yuanda Petroleum
Market Segment by Type, covers
Spring Type Centralizer
Rigid Centralizer
Semi Rigid Centralizer
Others
Market Segment by Applications, can be divided into
Onshore
Offshore
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Related Information:
North America Casing Centralizer Market Growth 2019-2024
United States Casing Centralizer Market Growth 2019-2024
Asia-Pacific Casing Centralizer Market Growth 2019-2024
Europe Casing Centralizer Market Growth 2019-2024
EMEA Casing Centralizer Market Growth 2019-2024
Global Casing Centralizer Market Growth 2019-2024
China Casing Centralizer Market Growth 2019-2024
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Casing centralizer is a mechanical device that secures the casing from contacting the wellbore walls. It is placed at the center of the hole which enhances the efficiency of the cementing. The casing centralizer helps in providing continuous annular clearance around the casing and it allows cement to completely seal the casing to the borehole wall. The casing centralizer is an important element in ensuring the quality…
