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Well Cementing Services Market Size Will Reach $11.08 Billion By 2024:Grand View Research https://www.zapatillasnikeoutletespana.com/ , Inc. Business Articles | July 27, 2016

New Market Research Reports Title “Well Cementing Services Market Analysis Size and Segment Forecasts to 2024” Has Been Added to Grand View Research Report Database



The global?well cementing services market?is expected to reach USD 11.08 billion by 2024, according to a new report by Grand View Research, Inc. Rising drilling activities to recover unconventional hydrocarbons such as shale and tight gas coupled with rehabilitation activities in existing oil & gas fields is expected to remain a key driving factor for the global market.


A large number of unexplored reserves particularly in Brazil Nike Baratas España , Russia, and China, coupled with technological advancements in well cementing equipment and services provided by oil service providers is projected to have a positive impact on the market growth in near future.


Stringent environmental regulations coupled with low crude oil prices are expected to hindermarket growth over the next eight years. Low crude oil prices are anticipated to support stronger economic growth, but it may hamper growth among energy producing states.


Primary cementing was the leading service segment and accounted for over 75% of total market revenue in 2015. It is estimated to remain the largest segment over the next eight years owing to rising E&P to exploit unconventional hydrocarbon reserves.Remedial cementing is anticipated to emerge as the fastest growing well cementing service market over the forecast period owing to increasing rehabilitation of oil & gas wells in both onshore and offshore activities.


Browse full research report on Global Well Cementing Services Market:?http:www.grandviewresearchindustry-analysiswe...services-market


Further key findings from the report suggest:

Onshore application dominated the global well cementing service demand and accounted for over 80% of total revenue in 2015. The rising onshore well operations Nike Baratas Online , particularly in the U.S., Saudi Arabia, Russia, and China Nike Baratas Chile ,may be attributed to the high growth in this particular segment. North America emerged as the leading well cementing services consumer and accounted for 41.4% of the total revenue in 2015 owing to huge oil & natural gas production coupled with oilfield development especially in shale &tight oil reserves in the U.S. and Canada. Asia Pacific well cementing services marketis anticipated to grow at a CAGR of 7.0% from 2016 to 2024.The high growth may be attributed to favorable government policies such as FDI and tax redemption in countries such as India, which is anticipated to promote E&P in the region. The global industry is dominated by various integrated players present across the value chain. Key companies operating in the well cementing service market includeSchlumberger Ltd., Baker Hughes Inc., Halliburton Zapatillas Nike Chile , Weatherford & Gulf Energy Llc., and Calfrac Well Services Ltd.

Read detailed report or request for sample of this research report:?????????????????
http:www.grandviewresearchindustry-analysiswe...s-marketrequest


Grand View Research has segmented the well cementing services market on the basis of service, application,and region:


Global Well Cementing Service Outlook (Revenue Por Mayor Zapatillas Nike , USD Million, 2014 - 2024)

Primary Remedial Others

Global Well Cementing Application Outlook (Revenue, USD Million, 2014 - 2024)

Onshore Offshore

Global Well Cementing Regional Outlook (Revenue Zapatillas Nike España , USD Million, 2014 - 2024)

North America U.S. Canada Mexico Europe Norway UK Russia Asia Pacific China India Indonesia Middle East & Africa Saudi Arabia UAE Nigeria Central & South America Brazil Venezuela

Browse more reports of this category by Grand View ?Research:?http:www.grandviewresearchindustryconventional-energy


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