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Oil Country Tubular Goods Market will reach $100.89 Billion By 2026 | Global Key Company’s (ACE O.C.T.G, Vallourec, United States Steel (USS), TMK Group, Tenaris SA, Tata Steel, Nippon Steel & Sumitomo Metal, National Oilwell Varco, MRC Global)

07-10-2018 06:15 AM CET | Energy & Environment

Press release from: Market Prognosis

Oil Country Tubular Goods Market

Oil Country Tubular Goods Market

Marketprognosis.com Publish a New Market Research Report On “Oil Country Tubular Goods - Global Market Outlook (2017-2026)” which contains global key player’s survey information and forecast to 2026.

Overview of the Global Oil Country Tubular Goods Market:

The Global Oil Country Tubular Goods Market is accounted for $49.56 Billion in 2017 and is expected to reach $100.89 Billion by 2026 growing at a CAGR of 8.2%. Ever-increasing demand and succeeding energy production, rising number of deep water wells, increasing drilling and production activities, growing consumption of premium pipes and advent of technologically advanced pipe are some of the key factors propelling the market growth. However, factors such as risk associated with the cyclical nature of the tube market, depletion of limited oil and gas, environmental issues and international political and economic instability are inhibiting the market.

Get a Sample Copy of this Report @ https://www.marketprognosis.com/sample-request/15303 .

On the basis of Manufacturing Process, seamless pipe segment dominated the market due to their mechanical properties such as higher tensile strength. Moreover, these pipes also play a significant role in high-pressure drilling environments. An increase in offshore drilling activities that mandate the use of seamless pipes will fuel the prediction for market.

Geographically, Asia Pacific held largest market share during the forecast period. Focusing on securing a larger base of energy resources, countries in this region, especially China, have started increasing their investments to ramp up their upstream activities. This will result in increasing drilling activities, especially in the unconventional reserve bases like coal bed methane, which, in turn, drives the growth of the market in this region.

Major Key Players:

1 ACE O.C.T.G

2 MRC Global

3 Vallourec

4 United States Steel (USS) Corporation

5 TMK Group

6 Tenaris SA

7 Tata Steel

8 Nippon Steel & Sumitomo Metal Corporation

9 National Oilwell Varco and More…………..

Purchase this report online with Top Key Players Analysis and List of Tables & Figure @ https://www.marketprognosis.com/buyReport/15303 .

Market Segment by Manufacturing Processes:

1 Electric Resistance Welded

2 Seamless

Market Segment by Grades:

1 API Grade

2 Premium Grade

Any Query? Ask to our Expert @ https://www.marketprognosis.com/enquiry/15303 .

This study answers to the below key questions:

1 What will the market size be in 2026 and what will the growth rate be?

2 What are the key market trends?

3 What is driving this market?

4 What are the challenges to market growth?

5 Who are the key vendors in this market space?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the strengths and weaknesses of the key vendors?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Oil Country Tubular Goods Market.

About us:

We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:

ProgMark Pvt. Ltd.
Thane – 421501
India.

sales@marketprognosis.com
+1 973 241 5193
https://www.marketprognosis.com

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