Cementing Oil & Gas Well Services - IBISWorld Industry Market Research

Cementing Oil & Gas Well Services

Cementing Oil & Gas Well Services - IBISWorld Industry Market Research
Cementing Oil & Gas Well Services
Published Feb 19, 2015
34 pages — Published Feb 19, 2015
Price US$ 910.00  |  Buy this Report Now

About This Report


The Cementing Oil and Gas Well Services industry has been highly volatile over the past five years due to massive fluctuations in crude oil and natural gas prices. Revenue moves in line with demand from oil and gas extraction companies, which in turn adjust production levels to the prices of their respective commodities. Nevertheless, improvements in oil and gas extraction, among them the increased prevalence of hydraulic fracturing, or fracking, have enabled greater access to domestic oil and gas deposits, underpinning a long-term increase in demand for industry services. Revenue is therefore expected to contract sharply in 2015 due to sliding oil prices, but continue growing through 2020 as oil and gas prices resume their upward trend.

This industry comprises establishments primarily engaged in supplying cementing, pumping and mixing services to oil and gas wells. Operators also provide cement plugging for oil and gas wells and other cement maintenance. Industry establishments are not involved in exploration activities or the drilling of oil and gas wells.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

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US Special Collection
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

IBISWorld Industry Market Research. "Cementing Oil & Gas Well Services" Feb 19, 2015. Alacra Store. Oct 27, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Cementing-Oil-Gas-Well-Services-2042-3427>
IBISWorld Industry Market Research. (2015). Cementing Oil & Gas Well Services Feb 19, 2015. New York, NY: Alacra Store. Retrieved Oct 27, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Cementing-Oil-Gas-Well-Services-2042-3427>
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