Drill Pipe Market 2018 | Global Leading Countries, Companies, Drivers, Significant Growth, Analysis by Manufacturers, Challenges and Forecast 2023

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“Drill Pipe Market”
Drill Pipe Market Information Report by Grade, Application, Region, Drill Pipe Market is Predicted to Grow at Approximately 3.47% by 2023

Drill Pipe Global Market – Competitive Analysis

The global market for drill pipe is at a growing stage. All key players in the market are market are investing in research and development to expand their product base and introduce new products in the market. Market leaders are unceasingly looking for expansion opportunities by acquiring companies. Key players are seeking opportunities to work in North America, because of growing development in the region.

The global drill pipe market is expected to grow at 3.47% CAGR during the forecast period 2018-2023. Drill pipe is basically a part of drill String which completes the whole drill assembly. Drill pipe are thick hollow wall pipe which is used in drilling rigs for horizontal and vertical drilling in wellbore. Drill pipes are available in wide ranges from 18 feet to 45 feet. Due to increase demand in drilling equipment drill pipes has gained huge share in exploration of offshore Stations.

The Global Drill Pipe Market is being driven substantially due to increase investment in exploration activities and advancement in drilling technologies. Furthermore, Investment in offshore and onshore exploration, production activities has taken a step further for the growth of Drill Pipe Market.

The Global Drill Pipe Market is segmented based on by Application, Grade and Region. Based on Grade the market is segmented as API grade, Premium grade. Based on Application, Market is segmented as Onshore and Off Shore. Based on Region, Market is segmented in North America, Europe, Asia-Pacific and Rest of the world.

Geographically, the Global Drill Pipe Market has been segmented into North America, Europe, Asia Pacific and Rest of the World. North America dominated the global drill pipe market in 2017 and is expected to hold the largest market size during the forecast period. Development in drilling technologies such as horizontal drilling and hydraulic fracturing has resulted a positive approach towards oil and gas business.

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Study Objectives of Drill Pipe Market:

  • To provide detailed analysis of the market structure along with forecast for the next five years of the various segments and sub-segments of the global drill pipe market.
  • To provide insights about factors affecting the market growth
  • To analyze the global drill pipe market based on various tools such as Supply Chain Analysis, and Porter’s Five Forces Analysis
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
  • To provide country level analysis of the market with respect to the current market size and future prospective
  • To provide country level analysis of the market for segments by material type, product, application and region
  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Drill Pipe Market.

Drill Pipe Global Market – Segmentation

The scope of global drill pipe market is segmented into three major segments which are explained below:

By End-User

  • Government Organisation
  • Oil & Gas

By Grade

  • API Grade
  • Premium grade

By Application

  • Onshore
  • Offshore

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Key Players:

The key players of global drill pipe market are

  • DP Master Manufacturing Pvt Ltd. (China)
  • Drill Pipe International Llc. (USA)
  • Hilong Group. (China)
  • Jiangyin Long Bright Drill Pipe Manufacture Co. Ltd. (China)
  • National Oilwell Varco.  (USA)
  • Oil Country Tubular Limited. (India)
  • RK Pipe LLC.  (USA)
  • Superior Drill Pipe Manufacturing, Inc.  (USA)
  • Tejas Tubular Products Inc.(USA)
  • Tenaris S.A.(Luxembourg)
  • Texas Steel Conversion Inc.(USA)
  • TMK Group. (Russia)
  • TPS-Technitube Röhrenwerke (Germany)
  • Vallourec S.A. (France)

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