OCTG Market Future Insights with Involvement of Top Players like 2023: Metso, Sandvik, Caterpillar Inc., Joy Global Inc., Rongxin Power Engineering, Nanyang Technological University and Strata

The OCTG Market will be showing substantial growth in the Forecast period of 2018-2023. This report shows all the upcoming market trends, and all the recent strategies implemented by the Top players and Brands. With thorough market segment in terms of different countries, this report divides the market into a few key countries, with sales, revenue, market share, and growth rate of the market in these countries over the forecast period 2018-2023.This OCTG market report provides all the strategic insights of the market and all the graphical values for the forecast period.

Oil country tubular goods (OCTG) is a family of seamless rolled products consisting of drill pipe, casing and tubing subjected to loading conditions according to their specific application. Drill pipe is heavy seamless tube that rotates the drill bit and circulates drilling fluid. Pipe segments 30 ft (9m) long are coupled with tool joints. Drill pipe is simultaneously subjected to high torque by drilling, axial tension by its dead weight and internal pressure by purging of drilling fluid. Additionally, alternating bending loads due to non-vertical or deflected drilling may be superimposed on these basic loading patterns.

THE KEY MANUFACTURERS COVERED IN THIS REPORT:

· Nippon Steel

· Vallourec

· Tenaris

· Sumitomo Metal Corporation

· National Oilwell Varco

· Tmk Group

· U. S. Steel Tubular Products

· ILJIN Steel

· Anhui Tianda Oil Pipe

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Casing pipe lines the borehole. It is subject to axial tension by its dead weight, internal pressure by fluid purging, and external pressure by surrounding rock formations. Casing is particularly exposed to axial tension and internal pressure by the pumped oil or gas emulsion. Tubing is pipe through which the oil or gas is transported from the wellbore. Tubing segments are generally around 30 ft (9 m) long with a threaded connection on each end.

SEGMENTATION BY PRODUCT TYPE:

· Tubing

· Casing

· Drill Pipe

SEGMENTATION BY APPLICATION:

· Onshore

· Offshore

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Major Table of Contents:

1 Scope of the Report

2 Executive Summaries

3 Global OCTGs by Players

4 OCTGs by Regions

5 Americas

6 APAC

7 Europe

8 Middle East & Africa

9 Market Drivers, Challenges and Trends

10 Marketing, Distributors and Customer

11 Global OCTG Market Forecast

12 Key Players Analysis

13 Research Findings and Conclusion

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RESEARCH OBJECTIVES:

- To study and analyze the global OCTG (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.

- To understand the structure of OCTG market by identifying its various sub segments.

- Focuses on the key global OCTG manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

- To analyze the OCTG with respect to individual growth trends, future prospects, and their contribution to the total market.

- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

- To project the consumption of OCTG submarkets, with respect to key regions (along with their respective key countries).

- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

- To strategically profile the key players and comprehensively analyze their growth strategies.

Customization Options

• All segmentation provided above in this report is represented at country level and can be customized according to needs.

• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).

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This release was published on openPR.