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Oil Country Tubular Goods (OCTG) Market Size, Status and Business Outlook 2021 to 2024

09-27-2021 10:18 AM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The Oil Country Tubular Goods (OCTG) Market report provides a comprehensive analysis of the global as well as regional market. The Oil Country Tubular Goods (OCTG) Market report includes investigating past progress, ongoing market scenario, and future prospects. Accurate data on the products, strategies and market share of leading companies in this particular market are mentioned. The Oil Country Tubular Goods (OCTG) Market report provides a 360-degree overview of the global market’s competitive landscape. The report further predicts the size and valuation of the global market during the forecast period (2021-2024). The Oil Country Tubular Goods (OCTG) Market report also maps the qualitative impact of various market factors on market segments and geographies.

Get Sample Copy of this Report:

https://www.marketinsightsreports.com/reports/05202915773/global-oil-country-tubular-goods-octg-market-value-volume-world-market-review-by-pipe-type-manufacturing-process-grade-application-by-region-by-country-2019-edition-opportunities-and-forecast-2019-2024/inquiry?Mode=07

Top Leading Companies of Global Oil Country Tubular Goods (OCTG) Market are Vallourec, Tenaris, TMK, JFE Holdings Inc., Nippon Steel & Sumitomo Corporation, Sandvik, EVRAZ, ArcelorMittal, ChelPipe Group, U.S. Steel Corporation (USS) and others.

The company profiles of these players, which includes their recent major developments, product portfolio, revenue, core competencies, and financials. Additionally, the report presents insights into the mergers & acquisitions, company profiles, financial status, product portfolio, and the SWOT analysis.

Executive Summary:

The Oil Country Tubular Goods Market was valued at USD 28.9 billion in the year 2018 with global production volume accounted for 15,100.21 Thousand tonnes. Increase in drilling and production activities, growing energy demand to fulfil the consumption needs, rise in offshore drilling activities, need for alternative technologies, exploration of shale resources as well as CAPEX improvement in upstream sector are the basic reasons behind increased demands for the Oil Country Tubular Goods Market. Global Oil Country Tubular Goods market has gained importance as increasing consumption requirement influences the exploration of offshore oilfields and increase in capital investment by the operators in the upstream sector. These markets are influenced by many factors including fluctuating crude oil and natural gas prices, changing consumer preferences, growing concern to reduce greenhouse emission and the overall strength of the economy.

On the basis of grade, the segments are Premium and API which are the grades of steel pipe that require on the basis of their properties like ductility, temperature and thermal compatibility.

Among the regions, Americas currently leads the Oil Country Tubular Goods market owing to considerable investments planned in offshore deep water and ultra-deep water drilling activities, growing number of oil and gas wells as well as exploration of shale resources. Moreover, countries like China, Russia, Saudi Arabia are expected to grow faster owing to increased investment in the upstream sector.

Scope of the Report

Global Oil Country Tubular Goods Market (Actual Period: 2014-2018, Forecast Period: 2019-2024)
- Oil Country Tubular Goods Market - Size, Growth, Forecast
- Analysis by Type: Drill Pipe, Casing Pipe, Tubing Pipe
- Analysis by Manufacturing Process: Seamless, Welded
- Analysis by Grade: API, Premium
- Analysis by Application: Offshore, Onshore

Regional Oil Country Tubular Goods Market - Americas, Europe, APAC, MEA (Actual Period: 2014-2018, Forecast Period: 2019-2024)
- Oil Country Tubular Goods Market - Size, Growth, Forecast
- Analysis by Type: Drill Pipe, Casing Pipe, Tubing Pipe
- Analysis by Manufacturing Process: Seamless, Welded
- Analysis by Grade: API, Premium
- Analysis by Application: Offshore, Onshore

Country Analysis - U.S., Canada, Brazil, Russia, Norway, India, China, Saudi Arabia, Kuwait, UAE (Actual Period: 2014-2018, Forecast Period: 2019-2024)
- Oil Country Tubular Goods Market - Size, Growth, Forecast
- Analysis by Type: Drill Pipe, Casing Pipe, Tubing Pipe
- Analysis by Manufacturing Process: Seamless, Welded
- Analysis by Grade: API, Premium
- Analysis by Application: Offshore, Onshore

Company Analysis - Vallourec, Tenaris, TMK, JFE Holdings Inc., Nippon Steel & Sumitomo Corporation, Sandvik, EVRAZ, ArcelorMittal, ChelPipe Group, U.S. Steel Corporation (USS).

Other Report Highlights
- Competitive Landscape - Sales, Segments, Market Share, Business Strategies
- Market Dynamics - Drivers and Restraints.
- Market Trends
- Porter Five Forces Analysis.
- SWOT Analysis.

Explore Full Report With Detailed TOC Here:

https://www.marketinsightsreports.com/reports/05202915773/global-oil-country-tubular-goods-octg-market-value-volume-world-market-review-by-pipe-type-manufacturing-process-grade-application-by-region-by-country-2019-edition-opportunities-and-forecast-2019-2024?Mode=07

Crucial Elements from the Table of Contents of Global Oil Country Tubular Goods (OCTG) Market:

- Report Scope and Methodology
- Strategic Recommendations
- Global Oil Country Tubular Goods (OCTG) Market: Product Overview
- Global Economic & Industrial Outlook
- Global Oil Country Tubular Goods (OCTG) Market: Segment Analysis
- Global Oil Country Tubular Goods (OCTG) Market By Business Model
- Global Oil Country Tubular Goods (OCTG) Market By Type
- Oil Country Tubular Goods (OCTG) Market Regional Analysis (2015-2024)
- Global Oil Country Tubular Goods (OCTG) Market Dynamics
- Competitive Landscape
- Company Profiles (Business Description, Financial Analysis, Business Strategy)

The research includes historic data from 2015 to 2021 and forecasts until 2024 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Purchase Full Report at:

https://www.marketinsightsreports.com/report/purchase/05202915773?mode=su?Mode=07

We Offer Customization on Report Based on Specific Client Requirement:
- Free Country Level analysis for any 5 countries of your choice.
- Free Competitive analysis of any 5 key market players.
- Free 40 analyst hours to cover any other data point.

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About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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