Energy and Power Casing & Cementation Hardware Market

Casing & Cementation Hardware Market Scope, Research,
Growth Prediction and Forecast Report Till 2019
The report "Well Casing Market by Hardware Type (Casing Equipment & Cementation
Equipment), by Equipment (Liners, Centralizers, Wiper Plugs, Float Equipment), by
Application (Onshore and Offshore) - Global Trends & Forecasts to 2019", defines and
segments the well casing market with analysis and forecasts of market size for the well casing
market. It also identifies driving and restraining factors for the well casing market with analysis of
trends and opportunities.
Browse 72 tables and 49 figures spread through 185 Pages and in-depth TOC on "Well
Casing Market by Hardware Type (Casing Equipment & Cementation Equipment), by
Equipment (Liners, Centralizers, Wiper Plugs, Float Equipment), by Application (Onshore
and Offshore) - Global Trends & Forecasts to 2019"
https://www.marketsandmarkets.com/Market-Reports/casing-cementation-hardware-market-
199239921.html
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The global well casing market is projected to be valued at $2,592.9 Million by 2019, at a CAGR of
7.8% from 2014-2019.
Market applications for well casing include onshore and offshore. High capital investment and
operational expenditure are the key drivers of the offshore well casing market.
The well casing market is projected to grow at a CAGR of 7.8% during the forecast period.
Increasing drilling activities globally is the prime driver for market growth. Rise in energy demand
in developing economies is expected to drive the growth of the well casing market at a rapid
pace. The shale boom in the U.S. is also expected to boost the demand for casing & cementation
hardware. New shale discoveries in Africa are expected to open new avenues for casing &
cementation equipment providers. The major restraining factor for this market is the limited
access to reserves. Oil & gas reserves are concentrated in certain areas and not dispersed equally
throughout. Some countries that have access to these reserves restrict the entry of foreign firms.
The primary challenge of the market is managing environmental concerns and adhering to strict
regulations and policies of various governmental agencies, which is important for oil & gas
companies.