Title: Latest PPT for Drill Pipe Market Analysis, 2017 - 2025
1 Drill Pipe Market Share Industry Analysis,
2016 2025 Fractovia.org
Drill Pipe Market Size By Grade (API, Premium),
By End Use (Onshore, Offshore), Industry Analysis
Report, Regional Outlook (U.S., Canada, Mexico,
Norway, UK, Russia, Belarus, Kazakhstan, Armenia,
Kyrgyzstan, Azerbaijan, Moldova, Tajikistan,
Turkmenistan, Ukraine, Uzbekistan, China, India,
ASEAN, Oman, Saudi Arabia, UAE, Qatar, Angola,
Nigeria, Algeria, Brazil, Argentina, Venezuela),
Application Potential, Price Trends, Competitive
Market Share Forecast, 2016 2025
2Overview
- The increasing number of offshore drilling
activities across the globe will positively impel
drill pipe market. - Drill Pipe Market size was over USD 1.7 billion
in 2015 with forecast to grow over 2 from 2016
to 2025. - Primarily used in oil rigs and oil fields, drill
pipes find extensive utilization in regions where
oil production and oil exploration activities are
on an all-time high. - Drill pipes used for onshore and offshore
drilling activities can be categorized into
corrosion-resistant and high strength premium and
API grades. - Onshore drilling activities are especially
prominent across regions such as MEA and South
America. - Subject to the ongoing progress in onshore
developments, drill pipe market from onshore
drilling is expected to grow at a CAGR of more
than 2.3 over 2016-2025, with an estimated
volume of 1.15 million tons by 2025.
3 U.S. Drill Pipe market size, by grade, by
revenue (USD Million), 2013-2025
4Product Trends
- drill pipe industry from offshore drilling
activities, having held a valuation of USD 890
million in 2015, is also anticipated to witness a
substantial upsurge of 3.2 over 2016-2025.
Extensive investments are being made by numerous
regions in offshore explorations. - Premium grade pipes, subject to their endurance
properties of high pressure and temperature, are
widely used for offshore drilling, suitably
driving premium grade drill pipe industry. In
contrast, API grade drill pipe market will grow
at a CAGR of more than 2.5 subject to low
product cost.
5Regional Trends
- In 2015, Africa drill pipe market size was
estimated at USD194.8 Million and in term of
volume, is likely to reach at over 3.5 by 2025.
In 2015, Pertamina (Indonesia) has get approval
to develop oil and gas well in North Africa from
Algerian oil and gas regulator. - U.S. drill pipe market share could be driven by
shale gas exploration and production, high OG
investment and reserves. Saudi Arabia will
witness a steady growth in future owing to rising
demand of oil in sweltering Middle East. - Key players operating in global drill pipe market
include Vallourec S.A., Drill Pipe International,
Oil Country Tubular Limited, Hilong Group, DP
Master, Jiangyin Long Bright, Texas Steel
Conversion, Inc., Superior Manufacturing, Tenaris
S.A, National Oilwell Varco, TMK Group, and Tejas
Tubular Products.
Competitive Trends
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