Press release
Global OCTG Market To Grow At A CAGR Of 6.214% During The Period 2016-2020
About OCTG
The global oil country tubular goods market pertains to the family of consumables consisting of drill pipe, casing, and tubing that are extensively utilized in the global oil and gas operations. They refer to a class of steel pipe products that have varied applications across the upstream oil and gas industry. These goods are seamless or welded; however, a new segment of pipes is slowly evolving, which is neither of the above two mentioned classes.
Technavios analysts forecast the global OCTG market to grow at a CAGR of 6.214% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global OCTG market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of the products in the market. It also includes the revenues generated from the replacement of previously used products.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global OCTG Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
ArcelorMittal
NSSMC
Tenaris
TMK
U.S. Steel
Download The sample Copy Of This Report: http://www.marketresearchreports.biz/sample/sample/850953
Other prominent vendors
ACE O.C.T.G
Benteler
Corpac Steel Products
ISMT
JFE Steel
Jindal Steel & Power
Tata Steel
Vallourec.
Market driver
Opening up of new avenues for oil and gas markets
For a full, detailed list, view our report
Market challenge
Prolonged periods of lull in global steel prices
For a full, detailed list, view our report
Market trend
Increase in drilling of horizontal and multilateral wells
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
Table Of Content
PART 01: Executive summary
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Technological overview
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by product type
Global oil country tubular goods market by product type
PART 07: Geographical segmentation
Global oil country tubular goods 2016-2020 segmentation by geography
APAC
Americas
EMEA
PART 08: Key leading countries
Brazil
Canada
US
China
PART 09: Market drivers
Opening up of new avenues for oil and gas markets
Fall in raw material prices
Increasing oil country tubular goods replacement rates
PART 10: Impact of drivers
PART 11: Market challenges
Prolonged periods of lull in global steel prices
Detrimental effects of hostile operating
Uncertainties associated with low crude oil prices
PART 12: Impact of drivers and challenges
PART 13: Market trends
Increase in drilling of horizontal and multilateral wells
Fluctuation in operational rigs
Increase in deep water and ultra-deep water exploration
PART 14: Vendor landscape
Other prominent vendors
PART 15: Key vendor analysis
ArcelorMittal
NSSMC
Tenaris
TMK
U.S. Steel
PART 16: Appendix
List of abbreviations
PART 17: Explore Technavio
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