Press release
Future Scope of Drill Pipe Market | Top Worldwide Key Players - Hilong Group, National Oilwell Varco, Tenaris SA, Vallourec S.A, TMK Group, Oil Country Tubular, Tejas Tubular Products, Texas Steel Conversion, DP Master | Forecast Analysis to 2025
Drill Pipe Market
Global Drill Pipe Market Overview:
The report spread across 80 pages is an overview of the Global Drill Pipe Market Size study, by Application (On Shore, Off Shore) by Grade and by Regional Forecasts 2018-2025. The Global Drill Pipe Market is projected to grow at a healthy growth rate from 2018 to 2025 according to new research. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies.
Available Exclusive Sample Copy of this Report @ https://www.businessindustryreports.com/sample-request/104027 .
Global Drill Pipe Market to reach USD 1342 Million by 2025.
Global Drill Pipe Market valued approximately USD 960 Million in 2016 is anticipated to grow with a healthy growth rate of more than 3.80% over the forecast period 2017-2025. The recent downturn in the crude oil prices has resulted in the decline of the exploration & production (E&P) activities all over the world. The dramatic decline is being largely attributed to the over production of petroleum which has increased the oil & gas supply as compared to its demand.
The largest Oil and Gas producing countries included Saudi Arabia, Russia, and the U.S. The low-price environment has reduced the operating profits of almost all the oil & gas companies which resulted in reduced capital expenditures in 2016. This budget cut has largely affected the exploratory drilling activities mainly the offshore activities. The oil & gas industry is cyclical in nature and is currently experiencing a downturn. The low crude oil prices have created a demand for optimizing production from existing oilfields and to operate at an economical rate. Apart from this, the low levels of E&P activity are likely to reduce the oil & gas supply in comparison to the demand in next two years which is expected to cause rise in the oil prices again. Also, new oil & gas activities are being undertaken in few regions of the world such as Africa and Latin America which are expected to be developed once the oil prices bounce back.
North America is expected to continue to be the largest market by 2025. Asia-Pacific is the second largest market owing partly due to the shale related exploration activity in China and the offshore developments in the South China Sea region. The fastest growing market for the drill pipes is Africa which is experiencing some of the largest offshore discoveries in Angola and Tanzania. Many international oil companies such as Statoil ASA (Norway), ENI SPA (Italy), and BG group (U.K.) among others have provided technical expertise in the region to explore offshore reserves more efficiently at optimum costs.
Purchase this report online with 80 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Drill Pipe Market Size study, by Application (On Shore, Off Shore) by Grade and by Regional Forecasts 2018-2025” @ https://www.businessindustryreports.com/buy-now/104027/single .
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.
Major Key Players:
1 Hilong Group
2 National Oilwell Varco
3 Tenaris SA
4 Vallourec S.A
5 TMK Group
6 Oil Country Tubular Limited
7 Tejas Tubular Products Inc.
8 Texas Steel Conversion Inc.
9 DP Master and More........................
Market segment by Regions/Countries, this report covers:
1 North America
2 Europe
3 Asia Pacific
4 Latin America
5 Rest of the World
Grab Your Report at an Impressive Discount @ https://www.businessindustryreports.com/check-discount/104027 .
What Information does this report contain?
1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants
2 Which are the leading market products, applications & regions and how will they perform by 2025?
3 What are the technologies & innovation trends, how will they evolve by 2025?
4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?
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 Drill Pipe Market.
Major Points in Table of Contents:
Global Drill Pipe Market Report 2018
1 Global Drill Pipe Market Definition and Scope
2 Research Methodology
3 Executive Summary
4 Global Drill Pipe Market Dynamics
5 Global Drill Pipe Market, By Application
6 Global Drill Pipe Market, By Grade
7 Global Drill Pipe Market, by Regional Analysis
8 Competitive Intelligence
About us
BusinessindustryReports.com is digital database of comprehensive market reports for global industries. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined – we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.
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