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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Drill Pipe Market Share & Industry Analysis, 2016 – 2025: Fractovia.org.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Drill Pipe Market Share & Industry Analysis, 2016 – 2025: Fractovia.org."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Drill Pipe Market Share & Industry Analysis, 2016 – 2025: Fractovia.org Drill Pipe Market Size By Grade (API, Premium), By End Use (Onshore, Offshore), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Norway, UK, Russia, Belarus, Kazakhstan, Armenia, Kyrgyzstan, Azerbaijan, Moldova, Tajikistan, Turkmenistan, Ukraine, Uzbekistan, China, India, ASEAN, Oman, Saudi Arabia, UAE, Qatar, Angola, Nigeria, Algeria, Brazil, Argentina, Venezuela), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2025

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  The increasing number of offshore drilling activities across the globe will positively impel drill pipe market.  Drill Pipe Market size was over USD 1.7 billion in 2015 with forecast to grow over 2% from 2016 to 2025.  Primarily used in oil rigs and oil fields, drill pipes find extensive utilization in regions where oil production and oil exploration activities are on an all-time high.  Drill pipes used for onshore and offshore drilling activities can be categorized into corrosion- resistant and high strength premium and API grades.  Onshore drilling activities are especially prominent across regions such as MEA and South America.  Subject to the ongoing progress in onshore developments, drill pipe market from onshore drilling is expected to grow at a CAGR of more than 2.3% over 2016-2025, with an estimated volume of 1.15 million tons by 2025. Overview:

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Drill Pipe market size, by grade, by revenue (USD Million), 2013-2025

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  drill pipe industry from offshore drilling activities, having held a valuation of USD 890 million in 2015, is also anticipated to witness a substantial upsurge of 3.2% over 2016-2025. Extensive investments are being made by numerous regions in offshore explorations.  Premium grade pipes, subject to their endurance properties of high pressure and temperature, are widely used for offshore drilling, suitably driving premium grade drill pipe industry. In contrast, API grade drill pipe market will grow at a CAGR of more than 2.5% subject to low product cost. Product Trends:

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  In 2015, Africa drill pipe market size was estimated at USD194.8 Million and in term of volume, is likely to reach at over 3.5% by 2025. In 2015, Pertamina (Indonesia) has get approval to develop oil and gas well in North Africa from Algerian oil and gas regulator.  U.S. drill pipe market share could be driven by shale gas exploration and production, high O&G investment and reserves. Saudi Arabia will witness a steady growth in future owing to rising demand of oil in sweltering Middle East.  Key players operating in global drill pipe market include Vallourec S.A., Drill Pipe International, Oil Country Tubular Limited, Hilong Group, DP Master, Jiangyin Long Bright, Texas Steel Conversion, Inc., Superior Manufacturing, Tenaris S.A, National Oilwell Varco, TMK Group, and Tejas Tubular Products. Regional Trends: Competitive Trends:

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report @ http://bit.ly/2rfEDRi Request for a Sample of this Research report @ http://bit.ly/2nGIOiW

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