The casing and cementation hardware are equipment that are used to carry out services such as casing and cementation during the well development process. Well casing operations involve the running of casing string along with the associated equipment inside the well bore to provide well stability and prevent well caving and contamination. Well cementing operations involve pumping cement slurry into the well to displace the existing drilling fluids and fill the space between the casing and the actual sides of the drilled well. Well casing and cementing are the most crucial steps in the drilling & completion processes of oil & gas wells. Well Casing Equipment: Casings (conductor casing, surface casing, intermediate casing, production casing, and liner), casing collar/coupling, casing slips/spider, power casing tongs, elevator, guide shoe, float collar/float shoe/landing collar, centralizers, scratchers, and cement baskets) Well Cementing Equipment: Cementing unit, pumping unit, cementing head/plug retainer, wiper plugs, wiper plugs (top and bottom), cement plugs, stage collar, shutoff or bypass plug, and dart
Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.
Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.
Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.
Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.