Oil Country Tubular Goods Market Research Report 2022-2027

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Global Oil Country Tubular Goods Market Research
and Forecast Report 2022-2027




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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Report Description
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Report Description and Highlights
Report Description
Global Oil Country Tubular Goods Market Research
Report According to the latest report by IMARC
Group, titled Oil Country Tubular Goods Market
Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2022-2027, the global
oil country tubular goods market reached a strong
growth in 2021.  Oil country tubular goods, or
OCTG, are seamless or welded rolled products
employed in drilling, equipment, and operating
wells for oil and gas production. They comprise
drill pipe, casing, and tubing manufactured using
high-strength corrosion-resistant steel alloys or
carbon. The drill pipes rotate the drill bit and
circulate drilling fluid. In contrast, casing
pipes line the borehole to avoid groundwater
contamination, provide stability, and prevent the
wellbore from collapsing while drilling. On the
other hand, tubing transports pumped oils and
gases to the surface. As a result, OCTG products
are widely utilized to facilitate safe and
efficient oil and gas transportation Request
Free Sample Report https//www.imarcgroup.com/oil
-country-tubular-goods-market/requestsample
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Report Description and Highlights
Report Description
Global Oil Country Tubular Goods Market Trends
The global oil country tubular goods market is
primarily driven by the expanding oil and gas
industry and the rising exploration and
production (EP) activities. Additionally, there
has been widespread product adoption in drilling
operations due to the shifting focus toward
developing deep-water and offshore
reserves. Along with this, the growing usage of
OCTG to explore onshore oil fields and develop
various chemical products and fuels has augmented
the product demand. Furthermore, the increasing
utilization of horizontal drilling and hydraulic
fracturing technology to release long-held shale
reserves has accelerated the adoption of OCTG
products. Other factors, including the surging
popularity of premium grade OCTG, favorable
government initiatives, escalating demand for
energy resources, and technological advancements,
are also anticipated to catalyze the market
growth in the coming years. Looking forward, the
market value is projected to reach a strong
growth during the forecast period (2022-2027).

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Report Description and Highlights
Report Description

• Market Summary
• Breakup by Product
• Well Casing
• Product Tubing
• Drill Pipe
• Others
• Breakup by Manufacturing Process
• Electric Resistance Welded (ERW)
• Seamless
• Breakup by Grade
• API Grade
• Premium Grade
• Breakup by Application
• Onshore
• Offshore

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Report Description and Highlights
Report Description

• Breakup by Region
• North America
• United States
• Canada
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia

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Report Description and Highlights
Report Description

• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
• Note We are updating our reports, If you want
  latest primary and secondary data (2022-2027)
  with Cost Module, Business Strategy, Distribution
  Channel, etc. Click request free sample report.

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• ArcelorMittal S.A.
• EVRAZ plc
• Iljin Steel Co. Ltd. (ILJIN Group)
• JFE Steel Corporation
• Nippon Steel Corporation
• NOV Inc.
• Oil Country Tubular Limited
• Sumitomo Corporation
• Tenaris S.A. (Techint)
• TMK Group
• United States Steel Corporation
• Vallourec S.A.
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/oil-country-tubular-goo
  ds-market

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
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