The global well casing and cementing market at a CAGR of over 5% during the forecast period

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The global well casing and cementing market at a CAGR of over 5% during the forecast periodGlobal Well Casing and Cementing Market: About this market This well casing and cementing market analysis considers sales from both onshore and offshore applications. Our study also finds the sales of well casing and cementing in APAC, Europe, MEA, North America, and South America. In 2019, the onshore segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as rise in oil and gas E&P; activities, especially in shale reservoirs will play a significant role in the onshore segment to maintain its market position. Also, our global well casing and cementing market report looks at factors such as increasing upstream investment, rise in global demand for oil and gas, and increasing focus on unconventional oil and gas E&P; activities. However, change in energy mix, environmental concerns related to drilling, and fluctuations in global crude oil prices may hamper the growth of the well casing and cementing industry over the forecast period.


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