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There are several grades of these cement products, but majorly are categorized into ordinary, moderate sulfate resistant (MSR), and high sulfate resistant (HSR). On the basis of application, the global market is further segmented into onshore and offshore. Ordinary (Grade 0) also known as normal portland cement is one of the widely used type of portland cement which is the most common cement type for general use as a basic ingredient of non-specialty grout, mortar, stucco, and concrete.
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Oil Well Cementing Market Market Set to Exceed $848.6 Million by 2026 | CAGR 6.3%
Oil Well Cementing Market Size to Reach $848.6 Million by 2026 “Oil Well Cementing Market Share, Size, Trends & Industry Analysis Report, By Product (Ordinary, Moderate Sulfate Resistance, High Sulfate Resistance), By Application (Onshore, Offshore), By Regions: Segment Forecast, 2018 - 2026” The global oil well cementing market was estimated at a worth of USD 503.0 million in 2017 and is projected to grow at a CAGR of 6.3% over the forecast period. Increasing exploration and production from unconventional oil & gas reserves, rising count of matured wells, and increasing production from offshore reserves are expected to be the major driving factors for growth of oil well cement market over the forecast period. There are several grades of these cement products, but majorly are categorized into ordinary, moderate sulfate resistant (MSR), and high sulfate resistant (HSR). On the basis of application, the global market is further segmented into onshore and offshore. Ordinary (Grade 0) also known as normal portland cement is one of the widely used type of portland cement which is the most common cement type for general use as a basic ingredient of non-specialty grout, mortar, stucco, and concrete. MSR are preferred in hot water due to less heat generation. High sulfate resistant (HSR) type of cement is used when concrete is exposed to highly alkaline soil or water having high sulphate content. Such cement is used where soils or ground waters have a high sulfate content as HSR is not resistant to acids and/or other highly corrosive substances. Browse Detailed Research Report On Oil Well Cementing Market: https://www.polarismarketresearch.com/industry-analysis/oil-well-cementing-market The raw material used for manufacturing oil well cement includes limestone, iron ore, coke and iron scraps. The product is manufactured from clinkers of Portland cements and also from cements that are hydraulically blended. Oil well cements are formulated for resisting high pressures and temperatures within the wellbore. These products set slowly owing to its organic retarders which prevent it from setting too fast. It is due to all these characteristics that it is used in the building of the oil wells where the pressure is around 20,000 PSI and the temperature is around 500 degrees Fahrenheit. The cement slurry is pumped into the wellbore through the casing and fills the space between the wellbore and casing. Cementing plug is inserted into the casing to provide sealing and removes debris from the casing. The main service providing companies include Halliburton, Schlumberger, Trican services and Baker Hughes which are the end-use segments of the oil well cement value chain. - 2 -
Oil Well Cementing Market Size to Reach $848.6 Million by 2026 Onshore drilling operations segment accounted for the largest market in 2017 with a share of 67.3% of oil well cementing market in 2017. Demand from offshore oil well drilling operations are anticipated to witness significant growth and account for 32.7% share of the global oil well cementing market in in 2026. Increasing exploration & production activities from offshore oil and gas reserves are expected to be driving product demand in the present industry space. However, ongoing investments in onshore matured and old wells can be considered a consistent source of product demand from the segment. Request for sample: https://www.polarismarketresearch.com/industry-analysis/oil-well- cementing-market/request-for-sample Table of Contents 1. Overview and Scope 1.1. Research goal & scope 1.2. Research assumptions 1.3. Research Methodology 1.3.1. Primary data sources 1.3.2. Secondary data sources 1.4. Key take-away 1.5. Stakeholders 2. Executive Summary 2.1. Market Definition 2.2. Market Segmentation 3. Oil Well Cement Market Insights 3.1. Oil well cement market segmentation & scope 3.2. Oil well cement market dynamics 3.2.1. Oil well cement market driver analysis - 3 -
Oil Well Cementing Market Size to Reach $848.6 Million by 2026 3.2.2. Oil well cement market restraint/challenges analysis 3.2.3. Oil well cement market opportunity analysis 3.3. Oil well cement industry news 3.4. Oil well cement regulatory framework and current policies, by country 3.5. Industry value chain analysis 3.5.1. Upstream Raw Material Suppliers of Oil-Well Cement Analysis 3.5.2. Raw material procurement: Analysis 3.5.3. List of major players of oil well cement industry 3.6. Market shares of few of the leading industry participants 3.7. Major Players Product Types 3.8. Oil Well Cement Manufacturing Cost Structure Analysis 3.8.1. Production Process Analysis 3.8.2. Manufacturing Cost Structure of Oil-Well Cement 3.8.3. Raw Material Cost of Oil-Well Cement 3.9. Market Channel Analysis of Oil-Well Cement 3.10. Major Downstream Buyers of Oil-Well Cement Analysis 3.11. Oil well cement pricing analysis 3.12. Oil well cement, SWOT Analysis, by country 4. Oil well cement Market Size and Forecast, By Product (Kilo Tons; USD Million) 4.1. Key Findings 4.2. Ordinary (Grade 0) 4.3. Moderate Sulfate Resistant (MSR) 4.4. High Sulfate Resistant (HSR) 5. Oil well cement Market Size and Forecast, By Application (Kilo Tons; USD Million) 5.1. Key Findings 5.2. Onshore drilling operations 5.2.1. Oil wells 5.2.2. Gas wells 5.3. Offshore drilling operations 5.3.1. Oil wells 5.3.2. Gas wells 6. Oil well cement Market Size and Forecast by Regions (Kilo Tons, USD Million) 6.1. Key findings 6.2. North America 6.2.1. U. S. 6.2.2. Canada 6.3. Europe 6.3.1. Germany 6.3.2. UK 6.3.3. France 6.3.4. Italy 6.3.5. Spain 6.3.6. Belgium 6.3.7. Russia 6.3.8. Netherlands 6.3.9. Rest of Europe 6.4. Asia Pacific 6.4.1. China 6.4.2. India 6.4.3. Japan 6.4.4. Korea 6.4.5. Singapore - 4 -
Oil Well Cementing Market Size to Reach $848.6 Million by 2026 6.4.6. Malaysia 6.4.7. Indonesia 6.4.8. Thailand 6.4.9. Philippines 6.5. Latin America 6.5.1. Brazil 6.5.2. Mexico 6.5.3. Argentina 6.5.4. Rest of LATAM 6.6. Middle East & Africa (MEA) 6.6.1. UAE 6.6.2. Saudi Arabia 6.6.3. South Africa 6.6.4. Rest of MEA 7. Company Profiles 7.1. LafargeHolcim Ltd 7.1.1. Overview 7.1.2. Financials 7.1.3. Product Benchmarking 7.1.4. Recent Developments 7.2. Dyckerhoff GmbH 7.2.1. Overview 7.2.2. Financials 7.2.3. Product Benchmarking 7.2.4. Recent Developments 7.3. HeidelbergCement AG 7.3.1. Overview 7.3.2. Financials 7.3.3. Product Benchmarking 7.3.4. Recent Developments 7.4. Italcementi 7.4.1. Overview 7.4.2. Financials 7.4.3. Product Benchmarking 7.4.4. Recent Developments 7.5. CEMEX S.A.B de C.V. 7.5.1. Overview 7.5.2. Financials 7.5.3. Product Benchmarking 7.5.4. Recent Developments 7.6. Kermen Cement Industries Group 7.6.1. Overview 7.6.2. Financials 7.6.3. Product Benchmarking 7.6.4. Recent Developments 7.7. Oman Cement Company 7.7.1. Overview 7.7.2. Financials 7.7.3. Product Benchmarking 7.7.4. Recent Developments 7.8. DALMIA BHARAT LTD 7.8.1. Overview - 5 -
Oil Well Cementing Market Size to Reach $848.6 Million by 2026 7.8.2. Financials 7.8.3. Product Benchmarking 7.8.4. Recent Developments 7.9. Lehigh Hanson, Inc. 7.9.1. Overview 7.9.2. Financials 7.9.3. Product Benchmarking 7.9.4. Recent Developments 7.10. Votorantim Cimentos 7.10.1. Overview 7.10.2. Financials 7.10.3. Product Benchmarking 7.10.4. Recent Developments Access Press Release on Oil Well Cementing Market: https://www.polarismarketresearch.com/press-releases/oil-well-cementing-market About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com - 6 -