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Growing demand for well cementing from oil and gas companies due to the advantages provided by well-cementing services such as protection of the casing from corrosion, isolation from porous formations, restraining irregular pore pressure, and removal of the unrequired sub-surface fluids, are factors driving the growth of the market. In addition to this, the rising global population and growing demand for oil and gas resources, along with the recent advancements in hydrocarbon exploration techniques, are further surging the growth of the well-cementing services market. The rise in energy consumption, followed by the growing inclination of energy & power companies towards exploring and recovering unconventional hydrocarbon sources such as tight gas, shale gas, and coal bed methane demand, accelerates market growth in the upcoming years.

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