Global Analysis of Well Casing Industry to Display Rapid Growth during the Forecast Period 2016-2024

Albany, New York, 26 April 2017: Well 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. The increased demand for oil &gas and increased awareness of ground water contamination drives the growth of the well casing market on the global scale. Moreover, to focus on this particular market, a detailed report is provided by Market Research Reports Search Engine (MRRSE). The report is titled as “Well Casing Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024”. This research study analyzes the positive growth of the global well casing market which has been forecasted during 2016-2024.

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Casing is a process in which a recently drilled well includes running a steel pipe down the insides. The gap between the untreated sides of the well and casing is cemented to set the casing permanently. The global well casing market is segmented based on the category that includes casing equipment and cementation equipment. On the basis of application, the global well casing market has been divided into offshore and onshore casing. Moreover, as per the geographical scale, the market is segmented into four regions-Europe, North America, Asia Pacific and Rest of the world.

The implementation of various standards by American Petroleum Institute has further augmented the growth of the global well casing market. The main key players in the global well casing market are listed below that are currently focusing to expand their business by partnership and joint ventures. The leading players mentioned in the report include:

  • Weatherford International Ltd. (Ireland)
  • Antelope Oil Tool & Manufacturing Company (U.S.)
  • Vallourec S.A. (France)
  • Centek Group (U.K.)

The provided researched report is a complete comprehensive evaluation of the market. It does so via in-depth qualitative insights, verifiable projections about market size and historical data. The research 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.

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The report is concluded by providing highlights of the complete research that consists of a complete backdrop analysis, including an assessment of the parent market, important changes in market dynamics, market segmentation up to the second or third level, historical, current, and projected size of the market from the standpoint of both value and volume, reporting and evaluation of recent industry developments, market shares and strategies of key players, emerging niche segments and regional markets, along with an objective assessment of the trajectory of the market and finally recommendations to companies for strengthening their foothold in the well casing market.

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