Reports
Sale
Global Casing Centralizer Market Share, Size, Analysis, Growth, Forecast: By Type: Spring Type Centralizer, Semi-Rigid Centralizer, Rigid Centralizer, Others; By Material: Steel, Aluminium, Zinc; By Application: Onshore, Offshore; Regional Analysis; Market Dynamics; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028
Global Casing Centralizer Market Outlook
The global casing centralizer market attained a value of around USD 364.51 million in 2022. The market is further expected to grow at a CAGR of 4.10% between 2023 and 2028, to reach a value of USD 463.89 million by 2028.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Key Trends in the Market
Casing centralizer is a type of mechanical equipment which prevents a casing from coming into contact with wellbore walls. Casing centralizers improve the quality of cementing by reducing the chances of mud channelling. They comprise of bow springs and hinged collars which keep the apparatus centred in the borehole.
- Casing centralizers are used in oil drilling applications, allowing the wellbore to get filled with cement completely. Hence, this apparatus is essential to improve the quality standards of oil and gas operations which is driving the casing centralizer market growth.
- The thriving oil and gas sector across the emerging economies is propelling the onshore and offshore demand for casing centralizers. Over the forecast period, the anticipated increase in crude oil and petroleum trading activities are expected to be the crucial casing centralizer market trends.
- Increasing funding of various governments aimed towards expanding the oil and gas exploration activities with high operational standards is expected to be a crucial trend expanding the casing centralizer market size.
Market Analysis
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on type, the market is segmented into spring type centralizer, semi-rigid centralizer, and rigid centralizer, among others. On the basis of material, the market is classified into steel, aluminium, and zinc. By application, the market is bifurcated into onshore and offshore. The regional markets for casing centralizers can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global casing centralizer market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Halliburton
- Sledgehammer Oil Tools Pvt Ltd
- Maxwell Oil Tools
- Moonshine Solutions
- Neoz Energy
- National Oilwell
- Summit Casing Equipment
- Centek Group
- Petroleum Machinery
- Others
Market Share by Type
The spring type centralizer segment, based on type, accounts for a healthy portion in the casing centralizer market share. This can be attributed to the increasing application of bow spring casing centralizers in oil and gas wells. Bow spring casing centralizers offer a size advantage which centralises the vertical and horizontal wellbores. In addition, they are flexible enough to go through narrow hole sections, allowing them to expand in targeted locations. Meanwhile, the semi-rigid centralizer is expected to witness a healthy growth in the casing centralizers market over the forecast period due to their strong foundation of double crested bows which makes them favourable in oil and gas well operations.
Market Share by Material
Based on material, the aluminium segment accounts for a significant share in the market for casing centralizers. Aluminium casing centralizers exhibit high-strength, high resistance to corrosion, and are used to manufacture various types of spiral casing centralizers having lightweight properties, high resistance to shock and impact, and optimum tensile strength. In line with this, the increasing demand for high-quality aluminium alloy casing centralizers is further improving the casing centralizer market outlook. Moreover, aluminium is one of the most abundant metals on the planet which is resulting in a strengthened supply chain of the product, influencing the casing centralizer market price.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Competitive Landscape
Halliburton is a leading multinational corporation which deals with hydraulic fracturing operations. It is one of the world’s largest oil field service companies founded in the year 1919 and currently headquartered in Texas, United States. This company specialises in integrated well interventions, artificial lifts, specialty chemicals, and pipeline and process solutions, among others.
Sledgehammer Oil Tools Pvt Ltd is a renowned industrial equipment, cementing, and completion apparatus supplier which is also one of the largest suppliers of offshore apparatus. The product portfolio of this company includes bow spring and solid rigid centralizers, cement baskets, cementing plugs, stop collars, and floating equipment, among others.
Maxwell Oil Tools is a prominent manufacturer of drilling and tubular tools used for oil and gas applications. The product portfolio of this company includes centralizers, drill pipe protectors, casing drills, cable protectors, stop collars, and various other specialised tools. It was established in the year 2017 and is currently headquartered in Ravenna RA, Italy.
Other market players include Moonshine Solutions, Neoz Energy, National Oilwell, Summit Casing Equipment, Centek Group, and Petroleum Machinery, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Material |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Casing Centralizer Market Analysis
8.1 Key Industry Highlights
8.2 Global Casing Centralizer Historical Market (2018-2022)
8.3 Global Casing Centralizer Market Forecast (2023-2028)
8.4 Global Casing Centralizer Market by Type
8.4.1 Spring Type Centralizer
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Semi-Rigid Centralizer
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Rigid Centralizer
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Casing Centralizer Market by Material
8.5.1 Steel
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Aluminium
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Zinc
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.6 Global Casing Centralizer Market by Application
8.6.1 Onshore
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Offshore
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Casing Centralizer Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Casing Centralizer Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Casing Centralizer Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Casing Centralizer Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Casing Centralizer Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Casing Centralizer Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Halliburton
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Sledgehammer Oil Tools Pvt Ltd
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Maxwell Oil Tools
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Moonshine Solutions
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Neoz Energy
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 National Oilwell
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Summit Casing Equipment
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Centek Group
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Petroleum Machinery
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Others
16 Key Trends and Developments in the Market
List of Figures and Tables
1. Global Casing Centralizer Market: Key Industry Highlights, 2018 and 2028
2. Global Casing Centralizer Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Casing Centralizer Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Casing Centralizer Historical Market: Breakup by Material (USD Million), 2018-2022
5. Global Casing Centralizer Market Forecast: Breakup by Material (USD Million), 2023-2028
6. Global Casing Centralizer Historical Market: Breakup by Application (USD Million), 2018-2022
7. Global Casing Centralizer Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Global Casing Centralizer Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Casing Centralizer Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Casing Centralizer Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Casing Centralizer Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Casing Centralizer Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Casing Centralizer Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Casing Centralizer Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Casing Centralizer Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Casing Centralizer Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Casing Centralizer Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Casing Centralizer Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Casing Centralizer Market Forecast: Breakup by Country (USD Million), 2023-2028
49. Global Casing Centralizer Market Structure
Key Questions Answered in the Report
The market reached a value of around USD 364.51 million in 2022.
The market is estimated to grow at a CAGR of 4.10% in the forecast period of 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach a value of USD 463.89 million by 2028.
The rising usage of casing centralizers in onshore and offshore applications, thriving oil and gas sector across the emerging economies, accelerated oil trading activities, and growing need to improve the quality standards in oil field operations, are the major drivers of the market.
The key trends in the casing centralizer market include the increasing funding of various governments aimed towards enhancing oil exploration activities and technological advancements in casing centralizers to produce more sophisticated products.
Spring type centralizer, semi-rigid centralizer, and rigid centralizer, among others, are the different types included in the market report.
Steel, aluminium, and zinc are the segments of the market based on material.
Onshore and offshore are the different applications included in the market report.
The main purpose of a casing centralizer is to prevent a casing from coming into contact with the wellbore in order to channelise the cementing.
Halliburton, Sledgehammer Oil Tools Pvt Ltd, Maxwell Oil Tools, Moonshine Solutions, Neoz Energy, National Oilwell, Summit Casing Equipment, Centek Group, and Petroleum Machinery, among others, are the key market players, according to the report.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$ 2199
$1799
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$3199$2999-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
$4199$3999-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$5199$4999-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER