openPR Logo
Press release

Casing Market is Expected to Witness Exponential Growth By 2025

11-21-2017 02:14 PM CET | Energy & Environment

Press release from: TMR Research

Casing Market is Expected to Witness Exponential Growth By 2025

Global Casing Market: Snapshot

Casing is a key structural element lining the wellbore and forms an essential role in maintain the overall integrity and performance of any oil well construction system. The use of casing is driven by a variety of factors apart from their primary applications in preventing contamination of water sands or groundwater due to drilling mud or fracturing fluids. The many advancements in the performance of casing strings are stirred by the growing number of drilling activities in deepwater and horizontal wells. They are instrumental in controlling extreme well pressures in over-pressured zones during a number of offshore well construction and operational activities. Growing extended-reach drilling activities have pressures on pushing the length of the laterals to counter substantial torque and drag friction force attributed to the high string weight.

Recent advancements in under-reaming technology have considerably expanded the diameter of wellbore hole helpful for deeper reservoirs. This ensures that the casing reaches the required target depth to meet the requirements of deep offshore oil well activities. The use of digital reamer has been a favorable advancement in this regard. Advances in the design of expandable casing have been further complemented by significant progress made in metallurgy and cementing technology. The wells can be made to maintain a larger diameter and for extended duration during offshore oil drilling. Furthermore, advanced materials used for casing extend durability of bore wells so that they can be used for a wide range of geologic situations. Recent innovations in the oil and gas industry have been focused on improving the make-and-break performance of different sizes of connectors. This will further enhance the performance of casing strings.

Request Sample Copy of the Report@ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=215

Global Casing Market: Brief Overview

In the oil and gas industry, casing is referred to a string of pipes which is accumulated and implanted into the borehole of a well. Casings are a very vital part of the well and are cemented in place with accordance to a desired set of requirements. Casings serve various purposes which includes preventing contamination of fresh water zones, avoiding unstable formations from caving-in, and checking sticking of the drilling string. Casings also deliver a strong foundation for the well to use high-density drilling fluid for drilling deeper. The quality of the cement plays a critical role in the hindrance of fluid movement from deep zones into groundwater resources. Casing and cementing programs is an important tool to protect the underwater quality and provide well control. Oil and gas operators are investing heavily to secure the future production potential of the existing wells.

This industry research report is a brief review of the growth trail in terms of existing, past, and future scenarios of the global casing market. It deals with the evaluation of the aspects that are expected to influence the development of the market and the primary trends have also been specified in the research study. The research study also offers a broad lookout on the vendor landscape of the market through Porter’s five forces analysis. The research report offers references of the research and development activities, mergers and acquisitions, and specifics on licensing and collaborations. The report probes into the strategies related to publicity, shares, and product range of the key participants in the global casing market.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=215

Global Casing Market: Key Highlights

Casing strings are considered as indispensable elements for well completion services as they provide protection to the groundwater resources. Casings are constructed for the separation of fresh water zones and groundwater from leaks occurring in the well. Countless states and environmental agencies have listed requirements of casing and cementing. Such environmental regulations and conditions imposed by countries is the chief driver of the growth of the global casing market. Increasing exploration and production activities in unconventional fields and deep water areas are expected to further lift the requirement of casing strings. A casing once mounted in a well cannot be removed later. These strings cannot be reused again and thus every new well drilled requires new casing strings.

Stern environmental regulations and swelling production from alternative fields in oil producing nations provides an attractive market for casing strings. New unconventional fields discovered in South America and Caspian Sea region can act as large markets for casing strings. The growing demand for energy in the Asia pacific region has led to exploration of numerous hydrocarbons potential areas in deep-water locations. These deep water fields will provide an attractive opportunity for the substantial growth of the casing market.

Get Discount @ https://www.tmrresearch.com/sample/sample?flag=D&rep_id=215

Global Casing Market: Competitive Landscape

The prime participants in the market are Sandvik AB, Tenaris, Offshore Products Ltd., Crestwood Tubulars IncELS & Company, Benteler International AG,Southland Pipe & Supply Co., and St. Louis Pipe & Supply among others.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:

TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Casing Market is Expected to Witness Exponential Growth By 2025 here

News-ID: 826710 • Views: 168

More Releases from TMR Research

Hydrolyzed Plant Proteins Market Booming Global Industry Investments and future …
Global Hydrolyzed Plant Proteins Market: Overview Hydrolyzed plant proteins have found use in a wide range of applications in the food and beverages industry. Most commonly, the protein is used to enhance flavor in several processed food products. Several functional characteristics are key to the growing popularity of these proteins. Proteins from oil-producing plants have excellent fat binding and emulsification properties, which are being utilized by hydrolyzing these for applications that
Rose Extracts Market 2028 | Young Living Essential Oils, Thracian Oils Ltd., Fle …
Global Rose Extracts Market: Overview Pharmacological properties of key species of rose flowers are well known, and several companies have been utilizing these for skin care. This is one of the key trends propelling the steady evolution of the rose extracts market. A growing body of in-vivo and in-vitro clinical studies over the past few years have underscored the therapeutic potential of rose extracts. In skin care, rose extracts have been
Global Fruit Tea Market Analysis, Size, Share, Growth & Forecast 2018-2028: Tata …
Global Fruit Tea Market: Overview Based on the nutritive value like vitamin C, and health benefits such as great antioxidant are some of the reasons that are boosting the demand for fruit tea across the globe. Moreover, the growing popularity of the beverage in health cautious genre of population is also a crucial factor that is propelling the demand for fruit tea market. Based on these factors the global fruit
Dairy Desserts Market 2028 | General Mills Inc., Royal FrieslandCampina NV, Nest …
Global Dairy Desserts Market: Overview Who doesn’t love a good dessert after a delicious dinner or lunch? Though they are filled with high calories, they are highly in demand. However, dairy desserts are something that everybody cherishes. The variety in taste and shapes, they are being loved by every age group. Based on the delicious taste and widespread acceptance the global dairy desserts market is expected to grow substantially in the

All 5 Releases


More Releases for Casing

Casing Spools Market Size, Share, Development by 2024
Market Research Report Store offers a latest published report on Casing Spools Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. The tubing head spool is a device that connects the uppermost casing head to the oil
Global Downhole Casing Depth Research Report 2019
Los Angeles, United State, Feb 14, 2019 (satPRnews) – The Report provide in-depth analysis and the best research material of the various market. This new report on the Global Downhole Casing Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts. The Global Downhole Casing Market report covers scope and product overview to
Global Pump Casing Market 2019- Wilo SE, KSB, CP Pumpen AG, Pump Casing, Andritz …
Global Pump Casing Market 2019-2026 QY Market Study offers an Seven-year forecast for the worldwide Pump Casing Market between 2019 and 2026. During a recently published report by QY Market Study, the global Pump Casing market is predicted to register a CAGR of cardinal throughout the forecast period. The first objective of the report is to supply insights on the advancements and chance within the Pump Casing market. The study demonstrates
Sausage Casing Market:Competitive Dynamics & Global Outlook 2025
This study researches the market size of Sausage Casing, presents the global Sausage Casing sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. This report focuses on the key data information of Sausage Casing in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of
Top leading players of the global sausage casing market are Almol (Australia) Ca …
Axiom Market Research & Consulting™ added a report on global sausage casing market. The global sausage casing market was valued at USD 6.8 billion in 2017, growing at a CAGR of 4.66% for the forecast period 2019 to 2024. The global market is estimated and forecasted in terms of revenue (USD million) generated by the sausage casing market. The global sausage casing market is segmented based on type, end user and
Casing Market Analysis of Latest Technology 2025
Global Casing Market: Snapshot Casing is a key structural element lining the wellbore and forms an essential role in maintain the overall integrity and performance of any oil well construction system. The use of casing is driven by a variety of factors apart from their primary applications in preventing contamination of water sands or groundwater due to drilling mud or fracturing fluids. The many advancements in the performance of casing strings