Energy and Power Casing & Cementation Hardware Market | Page 2
The leading players of this market include Vallourec S.A. (France), Weatherford International Ltd.
(Ireland), Antelope Oil Tool & Manufacturing Company (U.S.), and Centek Group (U.K.). The well
casing market is a highly fragmented one, owing to the huge demand and simplicity in design
and manufacturing of casing & cementation equipment. Major companies rely on regional and
local distributors to increase their share as well as geographical presence in the market. One of
the major developments observed in the casing & cementation market is agreements, contracts,
joint ventures and partnerships. The application requirements for well casing are continuously
changing, making it essential for manufacturers to continually invest in R&D and come up with
innovative solutions. Companies are adopting inorganic growth strategies such as acquisitions to
cope up with the increasing demand for well casing in key emerging markets. These strategies
have aided companies to create a large customer and partner base in key markets.
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