Market Overview:
The global casing centralizers for oil and gas market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for oil and gas across the globe. In addition, the growing exploration and production activities in onshore as well as offshore applications are expected to fuel the demand for casing centralizers over the forecast period. On basis of type, steel accounted for a major share of the global casing centralizers market in 2017. This can be attributed to its properties such as high tensile strength, corrosion resistance and durability which make it suitable for use in various applications across different regions. Aluminium is another key type segment of casing centralizers due its lightweight nature which makes it easy to handle and install even in difficult terrains.
Product Definition:
Casing centralizers are important in the oil and gas industry because they keep the casing centered in the wellbore, which prevents it from rubbing against the sides of the hole. This is important because it protects both the casing and surrounding rocks from damage.
Steel:
Casing centralizers are used to maintain the desired orientation of the casing while drilling. They are also used to keep the casings from kinking and other forms of rigidity. Steel is one such material that is extensively used in this application due to its properties such as ductility, malleability, high strength, hardness and corrosion resistance among others.
Aluminium:
Aluminum is a silvery-white metal that is strong, lightweight and ductile with a high boiling point. It is the third most abundant element in the earth’s crust after iron and titanium. The global production of aluminum varies from one year to another but it generally hovers around 3,900 million tons annually.
Application Insights:
Onshore was the dominant application segment in 2017 and will retain its position over the forecast period. The demand for casing centralizers in onshore operations is derived from conventional oil fields as well as tight oil fields. Conventional onshore petroleum operations involve drilling and completion of wells with multiple stages including perforating, intervention, cementing, gravel packing & casing, installation of a production tree and flow line along with other related activities such as power generation & transportation.
The growth of unconventional resources such as shale gas & tight oil reserves are expected to drive the global offshore market over the forecast period owing to technological advancements coupled with rising demand for energy across emerging economies such as China India Brazil Argentina etc which has resulted in increasing number of offshore projects especially in deepwater regions globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a significant rise in exploration activities owing to government support for infrastructure development, which has increased energy demand. China is one of the largest economies present in this region that provides numerous opportunities for industry participants.
The North America market was valued at USD X million in 2017 and is projected to grow at an estimated CAGR of XX% from 2018 to 2030 owing to increasing oil production mainly due to shale gas developments across U.S., Canada, and Mexico as a result of technological advancements along with enhanced recovery techniques used by companies operating within these countries for extraction of oil from wells using casings centralizers as partSellers’ names are not provided hereunder).
Growth Factors:
- Increasing demand for oil and gas due to population growth and industrialization in developing countries
- Rising investment in exploration and production activities of oil and gas reserves
- Technological advancements in drilling and completion techniques for improved well productivity
- Stringent environmental regulations to reduce the impact of hydrocarbon emissions on climate change
- Growing use of casing centralizers as a preventive measure against sand production
Scope Of The Report
Report Attributes
Report Details
Report Title
Casing Centralizers for Oil and Gas Market Research Report
By Type
Steel, Aluminium, Zinc, Polymer, Resin
By Application
Onshore, Offshore
By Companies
Neoz Energy, Halliburton, National Oilwell Varco, Weatherford International, Summit Casing Equipment, Centek Group, Zhongshi Group, Sledgehammer Oil Tools, Ray Oil Tool Company, DRK Oiltools, Dezhou Yuanda Petroleum
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Casing Centralizers for Oil and Gas Market Report Segments:
The global Casing Centralizers for Oil and Gas market is segmented on the basis of:
Types
Steel, Aluminium, Zinc, Polymer, Resin
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Onshore, Offshore
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Neoz Energy
- Halliburton
- National Oilwell Varco
- Weatherford International
- Summit Casing Equipment
- Centek Group
- Zhongshi Group
- Sledgehammer Oil Tools
- Ray Oil Tool Company
- DRK Oiltools
- Dezhou Yuanda Petroleum
Highlights of The Casing Centralizers for Oil and Gas Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Steel
- Aluminium
- Zinc
- Polymer
- Resin
- By Application:
- Onshore
- Offshore
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Casing Centralizers for Oil and Gas Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Casing Centralizers are used in oil and gas wells to keep the casing tight against the well bore. This prevents fluid from entering or exiting the well, which can damage equipment and cause a blowout.
Some of the key players operating in the casing centralizers for oil and gas market are Neoz Energy, Halliburton, National Oilwell Varco, Weatherford International, Summit Casing Equipment, Centek Group, Zhongshi Group, Sledgehammer Oil Tools, Ray Oil Tool Company, DRK Oiltools, Dezhou Yuanda Petroleum.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Casing Centralizers for Oil and Gas Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Casing Centralizers for Oil and Gas Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Casing Centralizers for Oil and Gas Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Casing Centralizers for Oil and Gas Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Casing Centralizers for Oil and Gas Market Size & Forecast, 2020-2028
4.5.1 Casing Centralizers for Oil and Gas Market Size and Y-o-Y Growth
4.5.2 Casing Centralizers for Oil and Gas Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Steel
5.2.2 Aluminium
5.2.3 Zinc
5.2.4 Polymer
5.2.5 Resin
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Onshore
6.2.2 Offshore
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Casing Centralizers for Oil and Gas Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Casing Centralizers for Oil and Gas Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Steel
9.6.2 Aluminium
9.6.3 Zinc
9.6.4 Polymer
9.6.5 Resin
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Onshore
9.10.2 Offshore
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Steel
10.6.2 Aluminium
10.6.3 Zinc
10.6.4 Polymer
10.6.5 Resin
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Onshore
10.10.2 Offshore
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Steel
11.6.2 Aluminium
11.6.3 Zinc
11.6.4 Polymer
11.6.5 Resin
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Onshore
11.10.2 Offshore
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Steel
12.6.2 Aluminium
12.6.3 Zinc
12.6.4 Polymer
12.6.5 Resin
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Onshore
12.10.2 Offshore
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Steel
13.6.2 Aluminium
13.6.3 Zinc
13.6.4 Polymer
13.6.5 Resin
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Onshore
13.10.2 Offshore
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Casing Centralizers for Oil and Gas Market: Competitive Dashboard
14.2 Global Casing Centralizers for Oil and Gas Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Neoz Energy
14.3.2 Halliburton
14.3.3 National Oilwell Varco
14.3.4 Weatherford International
14.3.5 Summit Casing Equipment
14.3.6 Centek Group
14.3.7 Zhongshi Group
14.3.8 Sledgehammer Oil Tools
14.3.9 Ray Oil Tool Company
14.3.10 DRK Oiltools
14.3.11 Dezhou Yuanda Petroleum
