Price Assessments

The World Oil Well Cement Market Forecast – 2024 report provides an in-depth, data-centric market assessment of the global API-certified oil well cement industry.

The report provides a comprehensive bottom-up outlook, driven by indicators such as crude oil pricing, which provide an understanding of future drilling activity in terms of linear drilling distance and depth. The study breaks down oil well drilling activity and oil well cement demand by type of well (onshore, offshore, shale in oil, gas and geothermal applications), as well as by type of oil well cement (API oil well cement classes A, G, H and others). Use of extenders such as fly ash in oil well cementing is also considered and quantified.

The forecast for future oil well demand is detailed under three possible market scenarios for all the 39 individual markets detailed, plus regional and world totals. Additionally, it offers an exhaustive mapping of worldwide oil well cement manufacturing locations, noting existing and upcoming oil well cement capacity.

Find more information about the report in our press release notes on the global market and on the US market.

Scope of the report:

1. Executive summary
2. Scope & methodology
3. Well drilling activity and outlook

• Oil and gas industry value chain
• Rig typology
• Crude oil consumption and production
• Onshore, offshore and shale rigs, depth, distance and output
• Wild cards
• Drilling outlook scenarios

     4. Global oil well cement market

• Oil well cement standards and manufacturing process
• Oil well cement plant location and spread
• Regional pricing
• Trade
• Demand segmentation by geography

    5. Regional overview

• North America (US, Canada)
• Central and South America (Mexico, Argentina, Bolivia, Brazil, Colombia, Ecuador, Venezuela and other countries)
• CIS (Kazakhstan, Russia, Azerbaijan, Uzbekistan and other countries)
• MENA (Algeria, Iran, Iraq, Kuwait, Libya, Morocco, Qatar, Saudi Arabia, UAE and other countries)
• Asia Pacific (China, Indonesia, India and other countries)
• Europe (Denmark, Netherlands, Norway, UK, Turkey and other countries)
• Sub Saharan Africa (Angola, Nigeria, Uganda and other countries)

   6. Company profiles: LafargeHolcim, Heidelberg Cement (Lehigh, Norcem, Indocement, Ras Al Khaimah), Cemex, Buzzi Unicem (Dyckerhoff), United Cement Group and Plant, Siberian Cement Group, Italcementi (Jalaprathan Cement, Qesm Torah, CCB)

   7. Data tables