Single User License: Well Casing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 USD 4315.5 Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Flat 10% Discount!! Free Customization as per your requirement You will get Custom Report at Syndicated Report price Report will be delivered with in 15-20 working days Request Sample Buy Now REPORT DESCRIPTION Global Well Casing Market: Description Once a well is drilled for oil or gas exploration, the raw sides of the well cannot support themselves. Hence, casing is done to stabilize and keep the sides of the well from caving in. Furthermore, casing protects the well-stream from external contaminants and prevents groundwater from getting polluted by oil or gas produced. Casing a recently drilled well includes running a steel pipe down the insides of the well. The gap between the untreated sides of the well and casing is cemented to set the casing permanently. The global well casing market is witnessing a positive growth with increase in number of oil and gas exploration activities. Casing usually occurs in sections that are 40 feet long. These casings are screwed together to form a long length of casing known as casing strings. In terms of equipment, the global well casing market has been broadly categorized into casing equipment and cementation equipment. Casing and cementation equipment has been further segmented into float equipment, liners, centralizers, and wiper plugs. On the basis of application, the global well casing market has been divided into offshore and onshore casing. With depleting onshore oil and gas reserves, the demand for offshore oil and gas exploration is increasing. Complete Report with TOC : http://www.transparencymarketresearch.com/well-casing-market.html Global Well Casing Market: Overview The ever increasing demand for oil and gas is the key factor driving the growth of the global well casing market. Increase in both offshore and onshore oil and gas exploration activities has propelled the demand for well casing. Furthermore, depleting reserves of groundwater have made it essential to protect groundwater and aquifers during drilling operations. The implementation of various standards for oil and gas casing by regulatory authorities such as the American Petroleum Institute has also augmented the growth of the global well casing market. These standards specify the length, tensile strength, composition, and thickness of casing for a given well and are widely used for the selection of oil and gas casing. Casing of vertical or horizontal oil and gas wells is carried out through multiple steps, usually from the largest diameter casing to the smallest. In the first step, conductor casing is set to prevent the sides of the well from caving in. Once conductor casing is set, depending on regulatory requirements, drilling continues inside the conductor casing string to reach the lowest groundwater zone. Surface casing is done next with cement being pumped down to fill up the space between outside of the casing and raw sides of the well. Though the circulation of cement on surface casing is usually done across oil and gas wells, it is not mandatory. The main objective of surface casing is to isolate the groundwater zones. Global Well Casing Market: Region-wise Outlook The global well casing market has been segmented into four key regions: Europe, North America, Asia Pacific, and Rest of the World. In North America, the rise in exploration of shale reserves has boosted the growth of the well casing market. In Asia Pacific, countries such as China and Australia are witnessing significant rise in mining and drilling activities, thereby fuelling the demand for well casing. Global Well Casing Market: Vendor Landscape The global well casing market is highly fragmented. Some of the key players in the global well casing market are Weatherford International Ltd. (Ireland), Antelope Oil Tool & Manufacturing Company (U.S.), Vallourec S.A. (France), and Centek Group (U.K.). The market players are increasingly adopting innovative well casing technologies, along with focusing on partnerships and joint ventures, to expand their businesses. The market players are also shifting their focus on emerging economies where rapid industrialization is creating a huge scope for the growth of the global well casing market. The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications. About Us Transparency Market Research (TMR) is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources along with various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information which is indispensable for businesses to sustain their competitive edge. View exclusive Global strategic Business report : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11951 Latest Press Release Reports: http://www.transparencymarketresearch.com/press-releases.htm Latest Articles Reports: http://www.transparencymarketresearch.com/articles.htm Contact: Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Complete Report with TOC : http://www.transparencymarketresearch.com/well-casing-market.html
Transparency Market Research (TMR) presents insights into the potential of the global well casing market in its new market research report. The research report, titled “Well Casing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024,” offers an insightful overview of the drivers and barriers impacting the growth of the overall market. The report also discusses the region wise outlook of the global well cell casing market, along with the other key segments. As per analysts, the rising demand for oil and gas worldwide is the key factor propelling the market. Download Free Research Report Brochure : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11951 The rising demand for energy, technological advancements, and increase in drilling activities globally are projected to boost the demand for well casing technology in the forecast period. According to analysts, the growth in the global well casing market is also due to the implementation of several standards for oil and gas casing imposed by regulatory authorities, including the American Petroleum Institute, encouraging the growth of the global well casing market. These standards specify the composition, tensile strength, length, and thickness of casing for a given well and are broadly used for the selection of oil and gas casing.
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