Estimated at $7,577.6 million in 2018, the global well cementing market is expected to reach $10,065.4 million by 2024, demonstrating a CAGR of 4.7% during the forecast period. The market growth is mainly driven by the increase in exploration and production (E&P) activities in both conventional ... read more
Cementing services are required to hold well casing in place and prevent any fluid movement from the reservoir to the wellbore. It also provides zonal isolation and provides seals when required. Cement is made through a process of mixing water, oil well cement (API cement, Portland cement) and che... read more
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. The basic function of Well Cementing Services is to seal the lost circulation zone and areas where there is reduced flow within the wellbore.... read more
Industry Insights The global oilfield chemicals market size was valued at USD 19.93 billion in 2016. Growing product demand in various petroleum operations such as drilling, well stimulation, production, cementing, enhanced oil recovery, and hydraulic fracturing is expected to drive the market glob... read more
Industry InsightsThe global well cementing services market size was USD 7.44 billion in 2015. The rising energy demand is anticipated to increase the market growth and also urge the E&P companies to raise their investments in onshore and offshore oil & gas reserves. Increasing E&P for r... read more
Zhejiang Ruico Advanced Materials Co., Ltd is a professional acrylic resins Manufacturers and flame retardants factory, our company was established in 2012, listed in China on 2019, Ruico is a national high-tech enterprise, Passed ISO9001 quality management system, have provincial-level R&D center, hired academicians, PhD, and other technicians totally 35 people, got 42 patents, the rule-maker of national flame retardant standards.
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