The World Oil Well Cement Market Forecast – 2026 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 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 including 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 33 individual markets detailed, plus regional and world totals. Additionally, the report offers an exhaustive mapping of worldwide oil well cement manufacturing locations, existing and upcoming oil well cement capacities.

Find more information about the report in our press release notes: here.

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

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

7. Data tables