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Synopsis
The basic function of Well Cementing Services is to seal the lost circulation zone and areas where there is reduced flow within the wellbore. Well Cementing is the most important aspect of the well completion process; it plays a critical role in permanently stopping water from penetrating the well. There are three basic purposes of cementing, namely, zonal isolation and segregation, corrosion control and formation stability, and pipe strength improvement. When these functions are achieved, production and stimulation operations are conducted.
The global Well Cementing Services market was valued at US$ 18440 million in 2023 and is anticipated to reach US$ 28930 million by 2030, witnessing a CAGR of 6.2% during the forecast period 2024-2030.
North American market for Well Cementing Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Well Cementing Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Well Cementing Services in Onshore Oil & Gas is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Well Cementing Services include GE(Baker Hughes), Halliburton, Weatherford International, Schlumberger, Trican Well Service, Calfrac Well Services, Nabors Industries, Condor Energy Services and Sanjel, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Well Cementing Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Well Cementing Services.
Report Scope
The Well Cementing Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Well Cementing Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Well Cementing Services companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- GE(Baker Hughes)
- Halliburton
- Weatherford International
- Schlumberger
- Trican Well Service
- Calfrac Well Services
- Nabors Industries
- Condor Energy Services
- Sanjel
- Gulf Energy
- China Oilfield Services
- Top-Co
- Vallourec
- Tenaris
- Viking Services
- Magnum Cementing Services
- Consolidated Oil Well Services
- Nine Energy Service
Segment by Type
- Primary Well Cementing
- Remedial Well Cementing
- Others
Segment by Application
- Onshore Oil & Gas
- Offshore Oil & Gas
By Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Netherlands)
- Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
- Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Well Cementing Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Well Cementing Services Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Primary Well Cementing
1.2.3 Remedial Well Cementing
1.2.4 Others
1.3 Market by Application
1.3.1 Global Well Cementing Services Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Onshore Oil & Gas
1.3.3 Offshore Oil & Gas
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Well Cementing Services Market Perspective (2019-2030)
2.2 Well Cementing Services Growth Trends by Region
2.2.1 Global Well Cementing Services Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Well Cementing Services Historic Market Size by Region (2019-2024)
2.2.3 Well Cementing Services Forecasted Market Size by Region (2025-2030)
2.3 Well Cementing Services Market Dynamics
2.3.1 Well Cementing Services Industry Trends
2.3.2 Well Cementing Services Market Drivers
2.3.3 Well Cementing Services Market Challenges
2.3.4 Well Cementing Services Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Well Cementing Services Players by Revenue
3.1.1 Global Top Well Cementing Services Players by Revenue (2019-2024)
3.1.2 Global Well Cementing Services Revenue Market Share by Players (2019-2024)
3.2 Global Well Cementing Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Well Cementing Services Revenue
3.4 Global Well Cementing Services Market Concentration Ratio
3.4.1 Global Well Cementing Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Well Cementing Services Revenue in 2023
3.5 Well Cementing Services Key Players Head office and Area Served
3.6 Key Players Well Cementing Services Product Solution and Service
3.7 Date of Enter into Well Cementing Services Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Well Cementing Services Breakdown Data by Type
4.1 Global Well Cementing Services Historic Market Size by Type (2019-2024)
4.2 Global Well Cementing Services Forecasted Market Size by Type (2025-2030)
5 Well Cementing Services Breakdown Data by Application
5.1 Global Well Cementing Services Historic Market Size by Application (2019-2024)
5.2 Global Well Cementing Services Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Well Cementing Services Market Size (2019-2030)
6.2 North America Well Cementing Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Well Cementing Services Market Size by Country (2019-2024)
6.4 North America Well Cementing Services Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Well Cementing Services Market Size (2019-2030)
7.2 Europe Well Cementing Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Well Cementing Services Market Size by Country (2019-2024)
7.4 Europe Well Cementing Services Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Well Cementing Services Market Size (2019-2030)
8.2 Asia-Pacific Well Cementing Services Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Well Cementing Services Market Size by Region (2019-2024)
8.4 Asia-Pacific Well Cementing Services Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Well Cementing Services Market Size (2019-2030)
9.2 Latin America Well Cementing Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Well Cementing Services Market Size by Country (2019-2024)
9.4 Latin America Well Cementing Services Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Well Cementing Services Market Size (2019-2030)
10.2 Middle East & Africa Well Cementing Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Well Cementing Services Market Size by Country (2019-2024)
10.4 Middle East & Africa Well Cementing Services Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 GE(Baker Hughes)
11.1.1 GE(Baker Hughes) Company Detail
11.1.2 GE(Baker Hughes) Business Overview
11.1.3 GE(Baker Hughes) Well Cementing Services Introduction
11.1.4 GE(Baker Hughes) Revenue in Well Cementing Services Business (2019-2024)
11.1.5 GE(Baker Hughes) Recent Development
11.2 Halliburton
11.2.1 Halliburton Company Detail
11.2.2 Halliburton Business Overview
11.2.3 Halliburton Well Cementing Services Introduction
11.2.4 Halliburton Revenue in Well Cementing Services Business (2019-2024)
11.2.5 Halliburton Recent Development
11.3 Weatherford International
11.3.1 Weatherford International Company Detail
11.3.2 Weatherford International Business Overview
11.3.3 Weatherford International Well Cementing Services Introduction
11.3.4 Weatherford International Revenue in Well Cementing Services Business (2019-2024)
11.3.5 Weatherford International Recent Development
11.4 Schlumberger
11.4.1 Schlumberger Company Detail
11.4.2 Schlumberger Business Overview
11.4.3 Schlumberger Well Cementing Services Introduction
11.4.4 Schlumberger Revenue in Well Cementing Services Business (2019-2024)
11.4.5 Schlumberger Recent Development
11.5 Trican Well Service
11.5.1 Trican Well Service Company Detail
11.5.2 Trican Well Service Business Overview
11.5.3 Trican Well Service Well Cementing Services Introduction
11.5.4 Trican Well Service Revenue in Well Cementing Services Business (2019-2024)
11.5.5 Trican Well Service Recent Development
11.6 Calfrac Well Services
11.6.1 Calfrac Well Services Company Detail
11.6.2 Calfrac Well Services Business Overview
11.6.3 Calfrac Well Services Well Cementing Services Introduction
11.6.4 Calfrac Well Services Revenue in Well Cementing Services Business (2019-2024)
11.6.5 Calfrac Well Services Recent Development
11.7 Nabors Industries
11.7.1 Nabors Industries Company Detail
11.7.2 Nabors Industries Business Overview
11.7.3 Nabors Industries Well Cementing Services Introduction
11.7.4 Nabors Industries Revenue in Well Cementing Services Business (2019-2024)
11.7.5 Nabors Industries Recent Development
11.8 Condor Energy Services
11.8.1 Condor Energy Services Company Detail
11.8.2 Condor Energy Services Business Overview
11.8.3 Condor Energy Services Well Cementing Services Introduction
11.8.4 Condor Energy Services Revenue in Well Cementing Services Business (2019-2024)
11.8.5 Condor Energy Services Recent Development
11.9 Sanjel
11.9.1 Sanjel Company Detail
11.9.2 Sanjel Business Overview
11.9.3 Sanjel Well Cementing Services Introduction
11.9.4 Sanjel Revenue in Well Cementing Services Business (2019-2024)
11.9.5 Sanjel Recent Development
11.10 Gulf Energy
11.10.1 Gulf Energy Company Detail
11.10.2 Gulf Energy Business Overview
11.10.3 Gulf Energy Well Cementing Services Introduction
11.10.4 Gulf Energy Revenue in Well Cementing Services Business (2019-2024)
11.10.5 Gulf Energy Recent Development
11.11 China Oilfield Services
11.11.1 China Oilfield Services Company Detail
11.11.2 China Oilfield Services Business Overview
11.11.3 China Oilfield Services Well Cementing Services Introduction
11.11.4 China Oilfield Services Revenue in Well Cementing Services Business (2019-2024)
11.11.5 China Oilfield Services Recent Development
11.12 Top-Co
11.12.1 Top-Co Company Detail
11.12.2 Top-Co Business Overview
11.12.3 Top-Co Well Cementing Services Introduction
11.12.4 Top-Co Revenue in Well Cementing Services Business (2019-2024)
11.12.5 Top-Co Recent Development
11.13 Vallourec
11.13.1 Vallourec Company Detail
11.13.2 Vallourec Business Overview
11.13.3 Vallourec Well Cementing Services Introduction
11.13.4 Vallourec Revenue in Well Cementing Services Business (2019-2024)
11.13.5 Vallourec Recent Development
11.14 Tenaris
11.14.1 Tenaris Company Detail
11.14.2 Tenaris Business Overview
11.14.3 Tenaris Well Cementing Services Introduction
11.14.4 Tenaris Revenue in Well Cementing Services Business (2019-2024)
11.14.5 Tenaris Recent Development
11.15 Viking Services
11.15.1 Viking Services Company Detail
11.15.2 Viking Services Business Overview
11.15.3 Viking Services Well Cementing Services Introduction
11.15.4 Viking Services Revenue in Well Cementing Services Business (2019-2024)
11.15.5 Viking Services Recent Development
11.16 Magnum Cementing Services
11.16.1 Magnum Cementing Services Company Detail
11.16.2 Magnum Cementing Services Business Overview
11.16.3 Magnum Cementing Services Well Cementing Services Introduction
11.16.4 Magnum Cementing Services Revenue in Well Cementing Services Business (2019-2024)
11.16.5 Magnum Cementing Services Recent Development
11.17 Consolidated Oil Well Services
11.17.1 Consolidated Oil Well Services Company Detail
11.17.2 Consolidated Oil Well Services Business Overview
11.17.3 Consolidated Oil Well Services Well Cementing Services Introduction
11.17.4 Consolidated Oil Well Services Revenue in Well Cementing Services Business (2019-2024)
11.17.5 Consolidated Oil Well Services Recent Development
11.18 Nine Energy Service
11.18.1 Nine Energy Service Company Detail
11.18.2 Nine Energy Service Business Overview
11.18.3 Nine Energy Service Well Cementing Services Introduction
11.18.4 Nine Energy Service Revenue in Well Cementing Services Business (2019-2024)
11.18.5 Nine Energy Service Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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