Largest application for the drill pipe market is onshore primarily due to the large number of E&P activities being carried onshore as compared to offshore. Moreover, the presence of large unconventional resources onshore in countries such as China, Argentina, Venezuela, Canada, and the U.S. has also boosted the demand for drill pipe market. On the other hand, growing E&P activities in offshore regions within countries such as Angola, Norway, and the U.S. is also one of the reasons behind the growth of the drill pipe market for offshore applications.
The global Drill Pipe market was xx million US$ in 2020 and is expected to xx million US$ by the end of 2025, growing at a CAGR of 3.8% between 2020 and 2025.
The report offers detailed coverage of Drill Pipe industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Drill Pipe by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Drill Pipe market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.
First, this report covers the present status and the future prospects of the global Drill Pipe market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Hilong Group
National Oilwell Varco
Tenaris S.A.
Vallourec S.A.
TMK Group
Oil Country Tubular Limited
Tejas Tubular Products Inc.
Texas Steel Conversion Inc.
DP Master
Jiangyin Long Bright Drill Pipe Manufacture Co. Ltd.
Drill Pipe International Llc
Superior Drill Pipe Manufacturing, Inc.
By the product type, the market is primarily split into
API grade
Premium grade
By the end users/application, this report covers the following segments
Onshore
Offshore
At the same time, we classify Drill Pipe according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Drill Pipe market for the forecast period 2020 - 2025?
• What are the driving forces in the Drill Pipe market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Drill Pipe industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?