Well Cementing Services Market Growth Opportunities, Driving Factors by Manufacturers, Regions Till 2023

1. Well Cementing Services Market Well Cementing Services Market

2. Global Well Cementing Services Market Global well cementing services market is projected to reach $8,862.0 million by 2023, increasing exploration and production (E&P) in unconventional reserves and large number of mature wells are driving the market growth. The chief objective of primary cementing is to provide zonal isolation, in order to prevent migration of fluids in the annulus. Also, it provides protection to the casing string from corrosive formation fluids. Download Research Report Sample At: https://www.psmarketresearch.com/market-analysis/well- cementing-services-market/report-sample On the basis of service type, the well cementing services market is categorized into primary, remedial, and others. Of these, primary services held the largest share in the market during the historical period, contributing more than 75.0% revenue in 2017. This is mainly driven by increasing E&P activities coupled with the increasing need of providing proper zonal isolation during well cementing. Based on application, the well cementing services market is segmented into onshore and offshore applications. Of these, onshore was a larger category in the market during the historical period, contributing more than 80.0% revenue in 2017. The increasing well operations in onshore areas coupled with the growing demand for oil and gas is estimated to increase the use of these services in onshore activities. Globally, North America has been leading the well cementing services market, which is attributed to the increasing drilling activities in deep water and onshore wells, especially in the U.S. Increasing drilling activities in shale and tight gas reserves in the U.S. are expected to drive the market growth in the region during the forecast period. 2 © P&S Market Research. All rights reserved

3. Global Well Cementing Services Market The region has abundance of unconventional oil and gas, and the U.S. is the only country producing commercially significant volumes of these resources from shale reserves in the current scenario. Explore Report Description At: https://www.psmarketresearch.com/market-analysis/well- cementing-services-market Some of the major players operating in the global well cementing services market are Consolidated Oil Well Services LLC, Nine Energy Service Inc., Gulf Energy SAOC, Magnum Cementing Services Ltd., Calfrac Well Services Ltd., China Oilfield Services Limited, Baker Hughes, a GE Company, Schlumberger N.V. (Schlumberger Limited), Halliburton Company, and Weatherford International PLC. GLOBAL WELL CEMENTING SERVICES MARKET SEGMENTATION By Service Type •Primary •Remedial •Others 3 © P&S Market Research. All rights reserved

4. Global Well Cementing Services Market By Application •Onshore •Offshore By Region •North America •U.S. •Canada •Mexico •Europe •Norway •U.K. •Russia •Rest of Europe •APAC •China •India •Indonesia •Rest of APAC •Central and South America (CSA) •Brazil •Venezuela •Rest of CSA •Middle East and Africa (MEA) •Saudi Arabia •U.A.E. •Nigeria •Rest of MEA 4 © P&S Market Research. All rights reserved

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