Press release
Drill Pipe Market 2018-2023 Prominent Players – DP Master Manufacturing Pvt Ltd., Drill Pipe International Llc., Hilong Group., Jiangyin Long Bright Drill Pipe Manufacture Co. Ltd., National Oilwell Varco., Oil Country Tubular Limited., RK Pipe LLC., Su
Drill Pipe is a thin-walled, hollow, aluminum or steel alloy piping, which is primarily used in drilling rigs. They have mainly two applications, which are onshore and offshore. The exploration and production (E&P) of crude oil take place onshore rather than offshore but recent trends suggest offshore explorations have gradually increased in Middle East and Africa region.
The latest advancements in the drilling technology, pad drilling and horizontal drilling techniques have increased drilling efficiency, thus lowering drilling rig downtime, which results in optimum drilling operations. More advancement has been observed in drill bit technology, artificial lift, directional drilling and well completion will certainly boost the drill pipe market. Factors such as continuous growth in demand of oil & gas supply for various industrial, transportation and domestic use are the major growth drivers of drill pipe market in upcoming decade.
The global drill pipe market is expected to grow at a CAGR of 3.47% during the forecast period.
Fill the form for an Exclusive Sample of this Report@ https://www.marketresearchfuture.com/sample_request/3154
Study Objectives of Drill Pipe Market:
• To provide detailed analysis of the market structure along with forecast for the next five years of the various segments and sub-segments of the global drill pipe market.
• To provide insights about factors affecting the market growth
• To analyze the global drill pipe market based on various tools such as Supply Chain Analysis, and Porter’s Five Forces Analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segments by material type, product, application and region
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Drill Pipe Market.
Global Analysis:
The global drill pipe market is currently facing downfall due to low crude oil prices, which has generated demand for optimizing rigging process from existing oil fields and for operating them at effectively and cost efficiently. As a result, less E&P activities are resulting in reduced oil & gas supply compared to oil & gas demand. Hence, increase in oil prices could be observed in coming few years.
The global drill pipe market was led by North America, with a 39.1% share, followed by Europe and Asia-Pacific with shares of 20.2% and 13.5%, respectively. The global drill pipe market has been segmented based grade, application and by region. On the basis of application, onshore accounted for the largest market share of 56% in 2016, with a market value of USD 564.7 million and is projected to grow at a CAGR of 2.12% during the forecast period. Based on grade, API grade accounted for the largest market share of 75.4 % in 2016, with a market value of USD 725.6 million and is projected to grow at a CAGR of 3.15% during the forecast period.
Key Players:
The key players of global drill pipe market are DP Master Manufacturing Pvt Ltd. (China), Drill Pipe International Llc. (USA), Hilong Group. (China), Jiangyin Long Bright Drill Pipe Manufacture Co. Ltd. (China), National Oilwell Varco. (USA), Oil Country Tubular Limited. (India), RK Pipe LLC. (USA), Superior Drill Pipe Manufacturing, Inc. (USA), Tejas Tubular Products Inc.(USA), Tenaris S.A.(Luxembourg), Texas Steel Conversion Inc.(USA), TMK Group. (Russia), TPS-Technitube Röhrenwerke (Germany) and Vallourec S.A. (France).
To Browse a Complete Report with TOC Visit @ https://www.marketresearchfuture.com/reports/drill-pipe-market-3154
Intended Audience:
• Distributer & Supplier companies
• End Users
• Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities.
Product Analysis:
• Product matrix which gives a detailed comparison of the market for different recycled product types.
Additional Information:
• Regulatory Landscape.
• Pricing Analysis.
• Macroeconomic Indicators.
Geographic Analysis:
• Geographical analysis across 15 countries.
Company Information:
• Profiling of 14 key market players.
• In-depth analysis including SWOT analysis, and strategy information of related to report title
• Competitive landscape including emerging trends adopted by major companies
The report for Drill Pipe Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Get Discount @ https://www.marketresearchfuture.com/check-discount/3154
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact:
Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Drill Pipe Market 2018-2023 Prominent Players – DP Master Manufacturing Pvt Ltd., Drill Pipe International Llc., Hilong Group., Jiangyin Long Bright Drill Pipe Manufacture Co. Ltd., National Oilwell Varco., Oil Country Tubular Limited., RK Pipe LLC., Su here
News-ID: 1313031 • Views: …
More Releases from Market Research Future (MRFR)
Tofu Market to Reach USD 2.7 Billion by 2032 at 9.01% CAGR Driven by Rising Plan …
The global tofu market is poised for substantial growth over the next decade, projected to reach an impressive valuation of USD 2.7 billion by 2032. This expansion reflects a compound annual growth rate (CAGR) of 9.01% from 2024 to 2032, fueled by a surge in consumer demand for plant-based foods and an evolving global food culture. As more consumers seek healthier and sustainable alternatives to animal-based protein sources, tofu has…
Plant-Based Food Ingredients Market to Hit USD 40.2 Billion by 2035 at 7.96% CAG …
The global plant-based food ingredients market is witnessing remarkable growth, propelled by an increasing shift in consumer preferences toward healthier and more sustainable food options. According to recent market research by Market Research Future, the market was valued at USD 16.03 billion in 2023 and is projected to reach an impressive USD 40.2 billion by 2035. This growth trajectory is expected to continue at a compound annual growth rate (CAGR)…
Semolina Market to Reach USD 2.57 Billion by 2032 at 2.31% CAGR, Driven by Healt …
The global semolina market is poised for steady growth over the coming decade, with its valuation expected to reach USD 2.57 billion by 2032. According to the latest Market Research Future analysis, the market was valued at USD 2.12 billion in 2023 and is projected to expand from USD 2.14 billion in 2024 to USD 2.57 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 2.31% during the…
Ginger Extract Market to Reach USD 2.18 Billion by 2034 at 5.4% CAGR Driven by D …
The global ginger extract market is poised for substantial growth in the coming decade, with a projected valuation of USD 2.18 billion by 2034. According to the latest analysis from Market Research Future, the market was valued at USD 1.29 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% from 2025 to 2034. This robust growth trajectory is largely fueled by increasing…
More Releases for Pipe
Seamless casing pipe vs ERW casing pipe
Seamless steel casing pipes-casing made of seamless steel pipe as raw material
Seamless pipe refers to a steel pipe manufactured by four methods: hot rolling, cold rolling, hot drawing, and cold drawing. There is no weld seam on the pipe body itself.
ERW casing pipe-casing made of electric welded pipe as raw material
ERW pipe refers to a straight seam welded pipe manufactured through a high-frequency resistance welding process. The raw material steel…
Comparison of ERW Welded Pipe and Seamless Steel Pipe (tested by PetroChina Pipe …
1. Outer diameter tolerance
ERW steel pipe: It is cold-formed and sizing is completed by reducing the diameter by 0.6%. The process temperature is basically constant at room temperature. Therefore, the outer diameter is controlled accurately and the fluctuation range is small, which is helpful to eliminate black leather buckles.
Seamless steel tube: The hot-rolling forming process is used, and its sizing is completed at about 8000C. The raw material composition, cooling…
HDPE Pipes Market Current Trends and Detailed Study with Forecast to 2028 | Oil …
Global HDPE Pipes Market: Overview
The application of high density polyethylene (HDPE) pipes has increased in industry like chemical, electronics, and gas distribution. As a result of this extensive application, the global HDPE pipes market is witnessing a substantial growth in the forecast period of 2018 to 2028. Moreover, the growing demand for HDPE pipes in drainage and sewerage industry is another factor that is responsible for the growth of…
Global HDPE 100 Pipe Market 2017 LESSO, Cangzhou Mingzhu, Junxing Pipe, Ginde Pi …
In this report, the global HDPE 100 Pipe market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Global Market Report HDPE 100 Pipe Market Size, Status and Forecast 2022 provides Market information about Manufacturers, Countries, Type and Application.This HDPE 100 Pipe Industry report also states Company Profile, sales,…
Anti-corrosion Steel Pipe and Coating Steel Pipe
Anti-corrosion steel pipe refers to do anti-corruption treatment for the ordinary steel pipe with special technology, making the steel pipe equipped certain corrosion resistance.Generally used in waterproof, anti-rust, acid and alkali proof, anti-oxidation and so on.Different needs, different inside and outside wall corresponding anti-corrosion measures.Common are: epoxy coal tar anti-corrosion, anti-corrosion epoxy coatings, urethane paint anti-corrosion, IPN8710 water pipeline corrosion protection, non-toxic paint anti corrosion,anti-corrosion polymer coating, steel pipe lining…
Stainless Steel Pipe and Industrial Stainless Steel Pipe
Stainless steel pipe is divided into two series: decorative stainless steel pipe(stainless steel pipe) and industrial stainless steel pipe.
Decorative stainless steel pipe(stainless steel pipe(SS)): usually outside the wall will be bright tube, hence the name of thinking, stainless steel pipe(SS) is used for decorative purposes. Stainless steel pipe(SS) mainly used to decorate, such as railings, staircase handrails, windows, etc., the wall thickness is very thin. As with the industrial stainless…
