According to Stratistics MRC, the Global Pup Joint Market is growing at a CAGR of 7.3% during the forecast period. Technological advancement in drilling techniques and rapid industrialization in developing countries and increasing command for natural gas and oil are the major factors propelling the market growth. However, high costs and stringent policies related to petroleum production are hindering the market growth.
A pup joint is a pipe of non-standard length that is used to adjust the length of the tubular string to match the exact requirement. They are also used to alter the length of the drill string for drilling operation and easy surface handling. The presentation of the pup joints mainly depends on their mechanical properties.Based on the product type, the tubing pup joint segment is likely to have a huge demand due to these pup joints are also used for handling production tubing accessories. Tubing pup joints are tubing that is short in length and used for spacing. By geography, North America is estimated to have a lucrative growth due to technological advancements and an increase in foreign direct investment for various exploration projects.
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Some of the key players profiled in the Pup Joint Market include Stewart Tubular Products, AZZ Inc., Oil Country Tubular Limited, Forum Energy Technologies, Inc., and National Oilwell Varco, Sledgehammer Oil Tools Pvt. Ltd, Dmh United Steel Industry Co., Ltd, TPS-Technitube Rohrenwerke GmbH, Texas Pipe Works Inc., Anvil International, Sandong Metal Industry Co., Ltd., TaiXing Shiji Dongfang Machinery, WestCan Oilfield Supply Ltd, Mid-Continent, and Hengshui Weijia Petroleum Equipment.Product Types Covered:• Drill Pipe Pup Joint• Tubing Pup Joint• Crossover Pup Joint• Casing Pup Joint Technologies Covered:• Cold Rolled• Hot RolledLengths Covered:• 2 Feet• 4 Feet• 6 Feet• 7 Feet• Other LengthsMaterials Covered:• API• SteelEnd Users Covered:• Chemical Industry• Construction• Mining• Oil & Gas• Shipbuilding Industry• Sludge Treatment• Refining Industry
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Few Points from Table of Contents:
5 Global Pup Joint Market, By Product Type
5.2 Drill Pipe Pup Joint
5.3 Tubing Pup Joint
5.4 Crossover Pup Joint
5.5 Casing Pup Joint
6 Global Pup Joint Market, By Technology
6.2 Cold Rolled
6.3 Hot Rolled
7 Global Pup Joint Market, By Length
7.2 2 Feet
7.3 4 Feet
7.4 6 Feet
7.5 7 Feet
7.6 Other Lengths
7.6.1 5 Feet
7.6.2 10 Feet
7.6.3 11 Feet
8 Global Pup Joint Market, By Material
8.3.1 Corrosion-Resistant Alloy (CRA) Steel
8.3.2 Stainless Steel
9 Global Pup Joint Market, By End User
9.2 Chemical Industry
9.5 Oil & Gas
9.6 Shipbuilding Industry
9.7 Sludge Treatment
9.8 Refining Industry
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