Oil Well Cement Market – Global Industry Analysis and Forecast (2022-2027)

Oil Well Cement Market is expected to grow at a CAGR of 7.40% during the forecast period. Global Oil Well Cement Market is expected to reach US$ 956.34 Mn by 2027. Oil Well Cement Market To know about the Research Methodology :- Request Free Sample Report The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

Oil Well Cement Market Overview

Oil well cement is used in the oil & gas industry for the cementing operation in the oil wellbores under high temperature and high pressure. The global oil well cement market is driven by the increasing use of oil well cement as an insulator in oil wells due to its high dielectric strength. Increasing demand for oil & gas across the globe because of the rapidly increasing population is also projected to impelling the market growth in the forecast period. However, unstable prices of raw materials along with a rise in the number of oil well cement manufacturers are restraining the market growth at the global level. Growing investments in R&D activities in the sector coupled with rising demand for oil well cement particularly in Canada and the Middle East countries are expected to create beneficial opportunities for the key player in the market during the forecast period. Based on the application, the onshore segment has led the oil well cement market in 2021 and is estimated to generate more than US$ xx Mn market revenue by 2027, with a CAGR of xx%. The growing well operations in the onshore fields particularly in Saudi Arabia, the U.S., China, and Russia combined with the growing demand for oil and gas are anticipated to have stable market growth in the onshore application. The offshore segment is expected to witness a growth rate of xx% during the forecast period. Rising exploration activities along with technological advancements both in equipment and service have made drilling operations more cost-effective and feasible in offshore. Significant development of existing offshore wells in deep and ultra-deep waters especially in the North Sea, Gulf of Mexico, Persian Gulf, and the South China Sea are expected to fuel demand in the sector over the forecast period.

Oil Well Cement Market Regional Insights

Geographically, the Oil Well Cement market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held the prominent market share of xx% in 2021 and is expected to reach US$ Mn by the end of 2027, with a CAGR of xx%. Thanks to the growing oil and natural gas production in the region along with factors such as rising offshore drilling activities, shale boom in the Gulf of Mexico, and the quest for discovery of untapped oil and gas reserves. The market in the Asia Pacific is expected to grow at a high CAGR of xx% during the forecast period owing to growing investment by exploration & production companies. The changes in government policies are boosting companies to carry more drilling activities by permitting tax redemption and FDI to increase oil and gas production in the region. The objective of the report is to present a comprehensive analysis of the Global Oil Well Cement Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Oil Well Cement Market dynamics, structure by analyzing the market segments and project the Global Oil Well Cement Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Oil Well Cement Market make the report investor’s guide.

Oil Well Cement Market Scope: Inquiry Before Buying

Global Oil Well Cement Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 623.14 Mn.
Forecast Period 2022 to 2027 CAGR: 7.40% Market Size in 2027: US $ 956.34 Mn.
Segments Covered: by Type • Grade • High Sulfate Resistant • Moderate Sulfate Resistant
by Application • Onshore • Offshore

Oil Well Cement Market by Region:

• Asia Pacific • North America • Europe • Latin America • Middle East Africa

Oil Well Cement Market key Players:

LafargeHolcimDalmia Cement • Les Ciments Artificiels Tunisiens S.A. • J K Cement • Grasim Industries and Ultra Tech • ACC • Interbulk Trading Italcementi Group • Soro Cements • HeidelbergCement AG • Cemex SAB de CV • TPI Polene Public Company Limited • Buzzi Unicem SpA • Raysut Cement Co. • Oman Cement Company • Omran Anarak Cement Co. • Cebo International BV • Anhui Conch Cement Co., Ltd • Kerman cement • Colacem SpA • Kardisi Co • Dalmia Bharat Ltd. • Petrovietnam Frequently Asked Questions: 1. Which region has the largest share in Global Oil Well Cement Market? Ans: North America region held the highest share in 2021. 2. What is the growth rate of Global Oil Well Cement Market? Ans: The Global Oil Well Cement Market is expected to grow at a CAGR of 7.40% during forecast period 2022-2027. 3. What is scope of the Global Oil Well Cement market report? Ans: Global Oil Well Cement Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Oil Well Cement market? Ans: The important key players in the Global Oil Well Cement Market are – LafargeHolcim, Dalmia Cement, Les Ciments Artificiels Tunisiens S.A., J K Cement, Grasim Industries and Ultra Tech, ACC, Interbulk Trading Italcementi Group, Soro Cements, HeidelbergCement AG, Cemex SAB de CV, TPI Polene Public Company Limited, Buzzi Unicem SpA, Raysut Cement Co., Oman Cement Company, Omran Anarak Cement Co., Cebo International BV, Anhui Conch Cement Co., Ltd, Kerman cement, Colacem SpA, Kardisi Co, Dalmia Bharat Ltd., and Petrovietnam 5. What is the study period of this market? Ans: The Global Oil Well Cement Market is studied from 2021 to 2027.
Global Oil Well Cement Market 1. Preface 1.1. Research Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Oil Well Cement Market Size, by Market Value (US$ Bn ) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Oil Well Cement Market Analysis and Forecast 6.1. Global Oil Well Cement Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Oil Well Cement Market Analysis and Forecast, by Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Oil Well Cement Market Value Share Analysis, by Type 7.4. Global Oil Well Cement Market Size (US$ Bn ) Forecast, by Type 7.5. Global Oil Well Cement Market Analysis, by Type 7.6. Global Oil Well Cement Market Attractiveness Analysis, by Type 8. Global Oil Well Cement Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Oil Well Cement Market Value Share Analysis, by Application 8.4. Global Oil Well Cement Market Size (US$ Bn ) Forecast, by Application 8.5. Global Oil Well Cement Market Analysis, by Application 8.6. Global Oil Well Cement Market Attractiveness Analysis, by Application 9. Global Oil Well Cement Market Analysis, by Region 9.1. Global Oil Well Cement Market Value Share Analysis, by Region 9.2. Global Oil Well Cement Market Size (US$ Bn ) Forecast, by Region 9.3. Global Oil Well Cement Market Attractiveness Analysis, by Region 10. North America Oil Well Cement Market Analysis 10.1. Key Findings 10.2. North America Oil Well Cement Market Overview 10.3. North America Oil Well Cement Market Value Share Analysis, by Type 10.4. North America Oil Well Cement Market Forecast, by Type 10.4.1. Grade 0 10.4.2. High Sulfate Resistant 10.4.3. Moderate Sulfate Resistant 10.5. North America Oil Well Cement Market Value Share Analysis, by Application 10.6. North America Oil Well Cement Market Forecast, by Application 10.6.1. Onshore 10.6.2. Offshore 10.7. North America Oil Well Cement Market Value Share Analysis, by Country 10.8. North America Oil Well Cement Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Oil Well Cement Market Analysis, by Country 10.10. U.S. Oil Well Cement Market Forecast, by Type 10.10.1. Grade 0 10.10.2. High Sulfate Resistant 10.10.3. Moderate Sulfate Resistant 10.11. U.S. Oil Well Cement Market Forecast, by Application 10.11.1. Onshore 10.11.2. Offshore 10.12. Canada Oil Well Cement Market Forecast, by Type 10.12.1. Grade 0 10.12.2. High Sulfate Resistant 10.12.3. Moderate Sulfate Resistant 10.13. Canada Oil Well Cement Market Forecast, by Application 10.13.1. Onshore 10.13.2. Offshore 10.14. North America Oil Well Cement Market Attractiveness Analysis 10.14.1. By Type 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Oil Well Cement Market Analysis 11.1. Key Findings 11.2. Europe Oil Well Cement Market Overview 11.3. Europe Oil Well Cement Market Value Share Analysis, by Type 11.4. Europe Oil Well Cement Market Forecast, by Type 11.4.1. Grade 0 11.4.2. High Sulfate Resistant 11.4.3. Moderate Sulfate Resistant 11.5. Europe Oil Well Cement Market Value Share Analysis, by Application 11.6. Europe Oil Well Cement Market Forecast, by Application 11.6.1. Onshore 11.6.2. Offshore 11.7. Europe Oil Well Cement Market Value Share Analysis, by Country 11.8. Europe Oil Well Cement Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Oil Well Cement Market Analysis, by Country 11.10. Germany Oil Well Cement Market Forecast, by Type 11.10.1. Grade 0 11.10.2. High Sulfate Resistant 11.10.3. Moderate Sulfate Resistant 11.11. Germany Oil Well Cement Market Forecast, by Application 11.11.1. Onshore 11.11.2. Offshore 11.12. U.K. Oil Well Cement Market Forecast, by Type 11.12.1. Grade 0 11.12.2. High Sulfate Resistant 11.12.3. Moderate Sulfate Resistant 11.13. U.K. Oil Well Cement Market Forecast, by Application 11.13.1. Onshore 11.13.2. Offshore 11.14. France Oil Well Cement Market Forecast, by Type 11.14.1. Grade 0 11.14.2. High Sulfate Resistant 11.14.3. Moderate Sulfate Resistant 11.15. France Oil Well Cement Market Forecast, by Application 11.15.1. Onshore 11.15.2. Offshore 11.16. Italy Oil Well Cement Market Forecast, by Type 11.16.1. Grade 0 11.16.2. High Sulfate Resistant 11.16.3. Moderate Sulfate Resistant 11.17. Italy Oil Well Cement Market Forecast, by Application 11.17.1. Onshore 11.17.2. Offshore 11.18. Spain Oil Well Cement Market Forecast, by Type 11.18.1. Grade 0 11.18.2. High Sulfate Resistant 11.18.3. Moderate Sulfate Resistant 11.19. Spain Oil Well Cement Market Forecast, by Application 11.19.1. Onshore 11.19.2. Offshore 11.20. Rest of Europe Oil Well Cement Market Forecast, by Type 11.20.1. Grade 0 11.20.2. High Sulfate Resistant 11.20.3. Moderate Sulfate Resistant 11.21. Rest of Europe Oil Well Cement Market Forecast, by Application 11.21.1. Onshore 11.21.2. Offshore 11.22. Europe Oil Well Cement Market Attractiveness Analysis 11.22.1. By Type 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific Oil Well Cement Market Analysis 12.1. Key Findings 12.2. Asia Pacific Oil Well Cement Market Overview 12.3. Asia Pacific Oil Well Cement Market Value Share Analysis, by Type 12.4. Asia Pacific Oil Well Cement Market Forecast, by Type 12.4.1. Grade 0 12.4.2. High Sulfate Resistant 12.4.3. Moderate Sulfate Resistant 12.5. Asia Pacific Oil Well Cement Market Value Share Analysis, by Application 12.6. Asia Pacific Oil Well Cement Market Forecast, by Application 12.6.1. Onshore 12.6.2. Offshore 12.7. Asia Pacific Oil Well Cement Market Value Share Analysis, by Country 12.8. Asia Pacific Oil Well Cement Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Oil Well Cement Market Analysis, by Country 12.10. China Oil Well Cement Market Forecast, by Type 12.10.1. Grade 0 12.10.2. High Sulfate Resistant 12.10.3. Moderate Sulfate Resistant 12.11. China Oil Well Cement Market Forecast, by Application 12.11.1. Onshore 12.11.2. Offshore 12.12. India Oil Well Cement Market Forecast, by Type 12.12.1. Grade 0 12.12.2. High Sulfate Resistant 12.12.3. Moderate Sulfate Resistant 12.13. India Oil Well Cement Market Forecast, by Application 12.13.1. Onshore 12.13.2. Offshore 12.14. Japan Oil Well Cement Market Forecast, by Type 12.14.1. Grade 0 12.14.2. High Sulfate Resistant 12.14.3. Moderate Sulfate Resistant 12.15. Japan Oil Well Cement Market Forecast, by Application 12.15.1. Onshore 12.15.2. Offshore 12.16. ASEAN Oil Well Cement Market Forecast, by Type 12.16.1. Grade 0 12.16.2. High Sulfate Resistant 12.16.3. Moderate Sulfate Resistant 12.17. ASEAN Oil Well Cement Market Forecast, by Application 12.17.1. Onshore 12.17.2. Offshore 12.18. Rest of Asia Pacific Oil Well Cement Market Forecast, by Type 12.18.1. Grade 0 12.18.2. High Sulfate Resistant 12.18.3. Moderate Sulfate Resistant 12.19. Rest of Asia Pacific Oil Well Cement Market Forecast, by Application 12.19.1. Onshore 12.19.2. Offshore 12.20. Asia Pacific Oil Well Cement Market Attractiveness Analysis 12.20.1. By Type 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa Oil Well Cement Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Oil Well Cement Market Overview 13.3. Middle East & Africa Oil Well Cement Market Value Share Analysis, by Type 13.4. Middle East & Africa Oil Well Cement Market Forecast, by Type 13.4.1. Grade 0 13.4.2. High Sulfate Resistant 13.4.3. Moderate Sulfate Resistant 13.5. Middle East & Africa Oil Well Cement Market Value Share Analysis, by Application 13.6. Middle East & Africa Oil Well Cement Market Forecast, by Application 13.6.1. Onshore 13.6.2. Offshore 13.7. Middle East & Africa Oil Well Cement Market Value Share Analysis, by Country 13.8. Middle East & Africa Oil Well Cement Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Oil Well Cement Market Analysis, by Country 13.10. GCC Oil Well Cement Market Forecast, by Type 13.10.1. Grade 0 13.10.2. High Sulfate Resistant 13.10.3. Moderate Sulfate Resistant 13.11. GCC Oil Well Cement Market Forecast, by Application 13.11.1. Onshore 13.11.2. Offshore 13.12. South Africa Oil Well Cement Market Forecast, by Type 13.12.1. Grade 0 13.12.2. High Sulfate Resistant 13.12.3. Moderate Sulfate Resistant 13.13. South Africa Oil Well Cement Market Forecast, by Application 13.13.1. Onshore 13.13.2. Offshore 13.14. Rest of Middle East & Africa Oil Well Cement Market Forecast, by Type 13.14.1. Grade 0 13.14.2. High Sulfate Resistant 13.14.3. Moderate Sulfate Resistant 13.15. Rest of Middle East & Africa Oil Well Cement Market Forecast, by Application 13.15.1. Onshore 13.15.2. Offshore 13.16. Middle East & Africa Oil Well Cement Market Attractiveness Analysis 13.16.1. By Type 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Oil Well Cement Market Analysis 14.1. Key Findings 14.2. South America Oil Well Cement Market Overview 14.3. South America Oil Well Cement Market Value Share Analysis, by Type 14.4. South America Oil Well Cement Market Forecast, by Type 14.4.1. Grade 0 14.4.2. High Sulfate Resistant 14.4.3. Moderate Sulfate Resistant 14.5. South America Oil Well Cement Market Value Share Analysis, by Application 14.6. South America Oil Well Cement Market Forecast, by Application 14.6.1. Onshore 14.6.2. Offshore 14.7. South America Oil Well Cement Market Value Share Analysis, by Country 14.8. South America Oil Well Cement Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Oil Well Cement Market Analysis, by Country 14.10. Brazil Oil Well Cement Market Forecast, by Type 14.10.1. Grade 0 14.10.2. High Sulfate Resistant 14.10.3. Moderate Sulfate Resistant 14.11. Brazil Oil Well Cement Market Forecast, by Application 14.11.1. Onshore 14.11.2. Offshore 14.12. Mexico Oil Well Cement Market Forecast, by Type 14.12.1. Grade 0 14.12.2. High Sulfate Resistant 14.12.3. Moderate Sulfate Resistant 14.13. Mexico Oil Well Cement Market Forecast, by Application 14.13.1. Onshore 14.13.2. Offshore 14.14. Rest of South America Oil Well Cement Market Forecast, by Type 14.14.1. Grade 0 14.14.2. High Sulfate Resistant 14.14.3. Moderate Sulfate Resistant 14.15. Rest of South America Oil Well Cement Market Forecast, by Application 14.15.1. Onshore 14.15.2. Offshore 14.16. South America Oil Well Cement Market Attractiveness Analysis 14.16.1. By Type 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications, and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. LafargeHolcim 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Company Footprint 15.3.2. Dalmia Cement 15.3.3. Les Ciments Artificiels Tunisiens S.A. 15.3.4. J K Cement 15.3.5. Grasim Industries and Ultra Tech 15.3.6. ACC 15.3.7. Interbulk Trading Italcementi Group 15.3.8. Soro Cements 15.3.9. HeidelbergCement AG 15.3.10. Cemex SAB de CV 15.3.11. TPI Polene Public Company Limited 15.3.12. Buzzi Unicem SpA 15.3.13. Raysut Cement Co. 15.3.14. Oman Cement Company 15.3.15. Omran Anarak Cement Co. 15.3.16. Cebo International BV 15.3.17. Anhui Conch Cement Co., Ltd 15.3.18. Kerman cement 15.3.19. Colacem SpA 15.3.20. Kardisi Co 15.3.21. Dalmia Bharat Ltd. 15.3.22. Petrovietnam 16. Primary Key Insights

About This Report

Report ID 65322
Category Material & Chemical
Published Date June 2020
Updated Date April 2022
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