Well Cementing Services Market Boost The Industry Growth With USD 11.08 Billion By 2024 : Grand View Research Inc.
San Francisco, 11 April 2019: The Report Well Cementing Services Market Analysis By Service (Primary Well Cementing, Remedial Well Cementing), By Application (Onshore, Offshore) And Segment Forecast To 2024 The global Well Cementing Services Market is expected to reach USD 11.08 billion by 2024, according to a new report by Grand View Research, Inc. Rising drilling activities to recover unconventional hydrocarbons such as shale and tight gas coupled with rehabilitation activities in existing oil & gas fields is expected to remain a key driving factor for the global market. A large number of unexplored reserves particularly in Brazil, Russia, and China, coupled with technological advancements in well cementing equipment and services provided by oil service providers is projected to have a positive impact on the market growth in near future. Stringent environmental regulations coupled with low crude oil prices are expected to hindermarket growth over the next eight yea