Press release
Oil Country Tubular Goods (OCTG) Market is expected to reach USD 96.95 Mn by 2030, as per Maximize Market Research
Oil Country Tubular Goods (OCTG) Market
๐๐ข๐ฅ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ ๐๐ฎ๐๐ฎ๐ฅ๐๐ซ ๐๐จ๐จ๐๐ฌ (๐๐๐๐) ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
Oil country tubular goods (OCTG) are a collection of seamless rolled items such as casing, drill pipe, and tubing, which are subjected to varying loading demands based on their purpose. Due to its cyclical and volatile nature, the OCTG industry necessitates specialized equipment and technology for the complex processes of oil and gas production and exploration. The decrease in product prices impacts all aspects of the oil and gas industry. In the past few decades, there has been a rise in the number of active oil wells in the oil and gas sector, leading to an increased need for oil field services globally. The decrease in oil prices has reduced the need for tubular goods from countries that produce oil. The OCTG sector has experienced positive expansion due to rising crude prices, driven by higher shale production and unconventional and horizontal drilling operations.
The rise in drilling operations worldwide is propelling the oil country tubular goods market. Because of advancements in deep-water exploration in challenging remote locations, OCTG is frequently used in drilling operations. Due to the increasing demand for energy resources, the rising popularity of utilizing onshore oil fields for exploring new sources to produce a range of chemical products and fuel is driving market expansion. Furthermore, the market growth is being enhanced by the widespread use of hydraulic fracturing technology and horizontal drilling to access previously trapped deposits in shale formations. Furthermore, the growing adoption of seamless pipes is positively contributing to market expansion as they offer consistent shapes and can withstand very high pressures without developing cracks. Moreover, the industry is anticipated to advance due to heightened exploration and production efforts, along with the implementation of various government strategies aimed at enhancing the discovery and extraction of oil and gas.
๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐๐ฎ๐ฌ๐ญ ๐ ๐๐ฅ๐ข๐๐ค ๐๐ฐ๐๐ฒ :https://www.maximizemarketresearch.com/request-sample/54208/
๐๐ข๐ฅ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ ๐๐ฎ๐๐ฎ๐ฅ๐๐ซ ๐๐จ๐จ๐๐ฌ (๐๐๐๐) ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐
Casing
Drill Pipe
Tubing
Others
๐๐ฒ ๐๐ซ๐จ๐๐๐ฌ๐ฌ
Seamless
Electric resistance welding
๐๐ฒ ๐๐ซ๐๐๐
Premium grade
API grade
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Onshore
Offshore
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ + ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐๐ซ๐:https://www.maximizemarketresearch.com/request-sample/54208/
๐๐ข๐ฅ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ ๐๐ฎ๐๐ฎ๐ฅ๐๐ซ ๐๐จ๐จ๐๐ฌ (๐๐๐๐) ๐๐๐ซ๐ค๐๐ญ ๐ฅ๐๐๐๐๐ซ๐ฌ
Tata Steel
ACE OCTG
JFE Steel
ISMT
Vallourec SA
Continental Alloys
Tenaris SA
MRC Global
ILJIN Steel America
Nippon Steel
TPCO Enterprise, Inc.
Steel Tubular Products Inc.
Jindal Steel & Power
TMK Ipsco Enterprises Inc.
National - Oilwell Varco, Inc.
Benteler International
Sumitomo Metal Corporation
Tenergy Equipment and Services Ltd.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/54208/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What was the Market size in 2023?
What is the projected demand for the Oil Country Tubular Goods (OCTG) Market?
Which are the factors expected to drive the Market growth?
What is the future projection for the Oil Country Tubular Goods (OCTG) Market?
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:https://www.maximizemarketresearch.com/market-report/global-octg-market/54208/
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Oil Country Tubular Goods (OCTG) Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Oil Country Tubular Goods (OCTG) Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐ก๐๐ฌ ๐๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง
โฆ Global ImmuNotoxins market https://www.maximizemarketresearch.com/market-report/global-immuNotoxins-market/85695/
โฆ Global Digital Wound Measurement Devices Market https://www.maximizemarketresearch.com/market-report/global-digital-wound-measurement-devices-market/74351/
โฆ Global Opioid Tolerance Treatment Market https://www.maximizemarketresearch.com/market-report/global-opioid-tolerance-treatment-market/38807/
โฆ Global Aerospace Insulation Market https://www.maximizemarketresearch.com/market-report/aerospace-insulation-market/12920/
โฆ Data Center Automation Software and Services Market https://www.maximizemarketresearch.com/market-report/global-data-center-automation-software-and-services-market/112315/
โฆ Global Liquid Crystal Tunable Filters Market https://www.maximizemarketresearch.com/market-report/global-liquid-crystal-tunable-filters-market/34736/
โฆ Global Standard Modular Hydropower Market https://www.maximizemarketresearch.com/market-report/global-standard-modular-hydropower-market/82609/
โฆ Global Mica Market https://www.maximizemarketresearch.com/market-report/global-mica-market/42926/
โฆ Global Electrical Overloads Market https://www.maximizemarketresearch.com/market-report/global-electrical-overloads-market/84808/
โฆ Global Brake System Market https://www.maximizemarketresearch.com/market-report/global-brake-system-market-2/114333/
๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐. ๐๐๐.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โ +91 9607365656
๐ sales@maximizemarketresearch.com
๐ www.maximizemarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.
Their services cover market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence.
Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving market landscape.
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 Oil Country Tubular Goods (OCTG) Market is expected to reach USD 96.95 Mn by 2030, as per Maximize Market Research here
News-ID: 3691558 • Views: โฆ
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Global Mayonnaise Market to Reach USD 44.53 Billion by 2032, Growing at a CAGR o โฆ
Opening Paragraph
According to a new report by Maximize Market Research, the global Mayonnaise Market was valued at USD 15.07 billion in 2024 and is projected to reach USD 44.53 billion by 2032, growing at a CAGR of 14.5% from 2025 to 2032. The market growth is driven by consumer demand for healthier, plant-based alternatives, flavored variants, and innovative product offerings in the condiment industry.
Want to know more? Request your sampleโฆ
Global AI in Telecommunication Market to Reach USD 39.83 Million by 2030, Growin โฆ
Opening Paragraph
According to a new report by Maximize Market Research, the global AI in Telecommunication market was valued at USD 2.49 million in 2023 and is projected to reach USD 39.83 million by 2030, growing at a CAGR of 48.55% during the forecast period. The market expansion is fueled by the adoption of AI technologies to enhance customer experience, predictive maintenance, network security, and automated telecommunication operations.
Interested in detailed insights?โฆ
Global Semiconductor Assembly and Testing Services Market to Reach USD 61.46 Bil โฆ
Opening Paragraph
According to a new report by Maximize Market Research, the global Semiconductor Assembly and Testing Services (SATS) market was valued at USD 39.21 billion in 2024 and is projected to reach USD 61.46 billion by 2032, growing at a CAGR of 5.78% during the forecast period. Growth is fueled by demand for high-performance semiconductor devices in consumer electronics, automotive, and data center applications.
Gain more details with a free sampleโฆ
Global Server Operating System Market to Reach USD 327.95 Billion by 2030, Growi โฆ
โฆ Opening Paragraph
According to a new report by Maximize Market Research, the global server operating system market was valued at USD 145.14 billion in 2023 and is projected to reach USD 327.95 billion by 2030, growing at a CAGR of 12.35% during the forecast period. The growth is fueled by increased demand for secure, scalable, and cost-effective server solutions in enterprise IT and cloud computing environments.
โฆ Need more information? Inquireโฆ
More Releases for OCTG
Technological Advancements and Energy Demand Drive OCTG Market Forward
๐๐ฅ๐จ๐๐๐ฅ ๐๐ข๐ฅ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ ๐๐ฎ๐๐ฎ๐ฅ๐๐ซ ๐๐จ๐จ๐๐ฌ (๐๐๐๐) ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ข๐ฌ๐๐ ๐๐จ๐ซ ๐๐ข๐ ๐ง๐ข๐๐ข๐๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
The global Oil Country Tubular Goods (OCTG) market, encompassing essential components such as casing, drill pipes, and tubing used in oil and gas exploration and production, is on a trajectory of substantial expansion. Valued at approximately USD 59.98 billion in 2023, the market is projected to reach USD 96.95 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) ofโฆ
Oil Country Tubular Goods (OCTG) Market Analysis: Size, 2033
The new report published by The Business Research Company, titled ""Oil Country Tubular Goods (OCTG) Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the oil country tubular goods (octg) market size has grown strongly in recent years. It willโฆ
Types of OCTG casing
Types of OCTG casing
OCTG casing is a steel pipe used to support the wall of oil and gas wells to ensure the normal operation of the entire oil well after the drilling process and completion. Each well uses several layers of casing according to different drilling depths and geological conditions. Cement is used to cement the well after the casing is run down. It is different from tubing and drillโฆ
Global Production Tubing (OCTG) Market Size, Trends, and Forecast 2019
The report represents the statistical data in the form of tables, charts, and info-graphics to assess the market, its growth and development, and market trends of the global Production Tubing (OCTG) market during the projected period. ย QY Research has used a framework of primary and secondary research to make this report a full-proof one.
Request Sample Report and Full Report TOC: : ย
https://www.qyresearch.com/sample-form/form/973052/global-production-tubing-octg-market
The following manufacturers are covered:
ย ย ย ย Sandvik (Kanthal)
ย ย ย ย Tejas Tubular
ย ย ย ย Tenaris
ย ย ย ย Jindal Pipes
ย ย ย ย U. S.โฆ
Global Oil Country Tubular Goods(OCTG) Market Research Report 2017
This report studies Oil Country Tubular Goods(OCTG) in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering
Vallourec
Tenaris
TMK
USS
NSSMC
JFE
TPCO
Arcelor Mittal
Chelyabinsk Pipe
Evraz
HUSTEEL
SANDVIK
Energex Tube
Northwest Pipe
SB international
Continental Alloys&Services
Jiangsu Yulong Steel Pipe
Jiuli
KINGLAND PIPELINE
Anhui Tianda Oil Pipe Company
BOHAI STEEL GROUP
CNPC BAOJI PETROLEUM STEEL PIPE
Get sample report @ http://www.qyresearchreports.com/sample/sample.php?rep_id=929371&type=E
Market Segment by Regions, this report splitsโฆ
Global OCTG Market: Economic Growth of Developing Countries Stimulating Demand
A new report on the global OCTG market has been recently added to the repository of QYResearchReports.com. The research study, titled โGlobal OCTG (Oil Country Tubular Goods) Market 2016 Industry, Analysis, Research, Share, Growth, Sales, Trends, Supply, Forecast to 2021,โ presents an unbiased analysis of this market in view of its historical and current scenario. Key trends and growth prospects in the global market for OCTG have been carefully observedโฆ
