Press release
Global OCTG (Oil Country Tubular Goods) Market Report: 2016 Edition – New Report by Koncept Analytics
This report offers a comprehensive analysis of the global OCTG market. Furthermore, market dynamics such as key trends and development; and challenges are analyzed in depth.The OCTG market is a highly competitive market because of the increasing demand of oil and gas but has been affected in recent times due to the falling oil and gas prices and the decline in the number of rigs globally. Growing urbanization and industrialization in developed countries have increased the demand and consumption of energy. The market being oversupplied by oil and gas has resulted in low prices of energy which has directly affected the OCTG market. Deep water drilling activities have also been encouraged due to an increased demand of energy which has led to an increase in premium seamless OCTG because of their ability to work in complex environments.
The falling global OCTG demand has led the companies to lay stress on technological innovation so that in these tough times of falling oil prices they can maintain their markets and also meet the demand of emerging economies. An increase in the exploration activities in deep water has created a demand for more efficient corrosion resistant and strong OCTG products. Also the companies have to deal with the environmental issues arising out of the over drilling or to avoid any incident which can harm the environment.
As per the report “OCTG Market: 2016 Edition” by Koncept Analytics, the demand for OCTG products will be driven by increasing demand for oil and gas, accelerating economic growth, investment growth in offshore drilling exploration, no substitute source of energy and future global energy consumption. Some of the noteworthy trends and developments of this industry are fluctuating global rig count, increased global E&P spending and increase in global steel demand. However, the expansion of OCTG market is hindered by falling crude oil and gas prices, falling steel prices, depletion of limited energy reserves and environmental issues.
The report by Koncept Analytics presents an in-depth analysis of the global market along with a focus on all major regions. A thorough analysis has been conducted on key market players covering their business overview, product portfolio, financial overview and business strategies.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
List of Charts
Types of OCTG Pipes
OCTG Manufacturing Process
Global OCTG Demand (2009-2015E)
Premium OCTG Consumption by Application (2014)
Global Drilling Activity by Region (2014)
Premium/API Demand Split by Region (2014)
OCTG Demand – Shales vs. Others (2010-2014)
Global Deep Water OCTG Consumption (2011-2015E)
Global Seamless OCTG Market (2007-2018E)
Global Seamless OCTG Demand- API vs. Premium (2007-2018E)
The US Rig Count (2009-2015)
The US OCTG Consumption (2010-2014)
The US OCTG Consumption by Segment (2010-2014)
Total Footage Drilled in the US (2013-2014)
Russian Annual Development Drilling Program (2010-2014)
Russian Tube and Pipe Market (2010-2014)
Russian Market Share in Various Products (2014)
Depth of Wells in Russia (2010-2014)
Global Oil Demand (2010-2015)
Global Oil Supply (2010-2015)
Incremental Gas Demand by Sector (2014-2020E)
Distribution of Proved Gas Reserves (2014)
Global GDP Growth (2008-2014)
Global Total Energy Consumption (1990-2040)
Global Rig Count (2009-2015)
Global E&P Capital Spending Growth (2010-2014)
Global Steel Demand (2010-2014)
The US Steel Consumption by Sector (2014)
Global Automobile Production (2009-2014)
Breakdown of Cost of Goods Sold For an Integrated Seamless Producer (2014)
Breakdown of SG&A For an Integrated Seamless Producer (2014)
Average Annual Crude Oil Price (2010-2014)
Average Annual Gas Price (2010-2014)
Retail Price of Regular Gasoline in US (2010-2014)
Declining Steel Prices (2013-2014)
Global Premium OCTG Market Share by Company (2014)
Tenaris S.A Sales by Business Segment (2014)
Tenaris S.A. Sales by Region (2014)
Tenaris S.A. Employees per Country (2014)
Tenaris S.A. Revenue and Net Income (2010-2014)
Vallourec Sales by Business Segment (2014)
Vallourec Sales by Regional Area (2014)
Vallourec Employees per Region (2014)
Vallourec Revenue and Net Income (2010-2014)
Nippon Steel & Sumitomo Metal Sales by Business Segment (2015)
Nippon Steel & Sumitomo Metal Corporation Revenue and Net Income (2010-2014)
OAO TMK Product Range (2014)
OAO TMK Sales by Industry (2014)
OAO TMK Sales by Geography (2014)
OAO TMK Revenue and Net Income (2010-2014)
Global OCTG Demand Forecast (2014-2019E)
List of Tables
Global Rig Count by Region (2009-2015)
Global E&P Capital Spending by Region (2013-2014)
Financial Comparison of Key Players (2014)
Dependent & Independent Variables (2010-2015)
Correlation Matrix
Model Summary – Coefficient of Determination
Regression Coefficients Output
For more Information:
http://www.konceptanalytics.com/Researchreport/global-octg-oil-country-tubular-goods-market-report-2016-edition-272.aspx
Koncept Analytics
Vikas Gupta
(Business Development Manager)
FFCS-36, Ansal Plaza
Vaishali, Ghaziabad
U.P - 201010
Tele: +91-120-4130959
Mobile: +91-9811715635
Mail ID – vikas@konceptanalytics.com
Koncept Analytics is a market research company. We are in the field of Market Research from last 10 Years. We do research in telecommunication, healthcare, pharmaceutical, financial services, energy, technology, real estate, logistics, food & beverages and media sectors. For more information:
http://www.konceptanalytics.com
Koncept Analytics
http://www.konceptanalytics.com/Researchreport/global-octg-oil-country-tubular-goods-market-report-2016-edition-272.aspx
Vikas Gupta
(Business Development Manager)
FFCS-36, Ansal Plaza
Vaishali, Ghaziabad
U.P - 201010
Tele: +91-120-4130959
Mobile: +91-9811715635
Mail ID – vikas@konceptanalytics.com
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