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Drill Pipe Market Global Analysis 2020 Research Report

Author: Sansa Stark
by Sansa Stark
Posted: Jan 24, 2020

Market research future published a cooked research report on global Drill Pipe Market. The Drill Pipe Market is expected to grow over the CAGR of around 3.47% during the period 2017 to 2023.

Market Highlights:

The growth of the drill pipe market is majorly driven by growing demand of oil & gas exploration activities for new onshore & offshore sites. The market is further driven by recent advancements in drilling technology. Recent decrease in crude oil price has generated demand for optimizing E&P from current oil fields and to operate at economical rates, Reduced E&P activities are resulting in reduced oil & gas supply in accordance to the oil & gas demand. Hence increase in oil & gas can be estimated after this downturn.

Market Research Analysis:

North America accounted for the largest market share of 39.10% in 2016, with a market value of USD 376.3 million and is projected to grow at the highest CAGR of 4.30% during the forecast period. Europe was the second-largest market in 2016, valued at USD 194.4 million in 2016; it is projected to grow at a CAGR of 3.32%. This is mainly due to the flexible regulatory scenario in the region, government regulations and large scale E&P activity have been carried out in the region, specifically in U.S and Canada.

Key Players:

The key players of global drill pipe market are DP Master Manufacturing Pvt Ltd. (Singapore), Drill Pipe International Llc. (USA), Hilong Group. (China), Interdril Asia Ltd. (India), 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) and Vallourec S.A. (France).

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members

Scope of the Report:

Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

Continued…

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:

Market Research Future

Office No. 528,

Amanora Chambers Magarpatta Road,

Pune, India.,

sales@marketresearchfuture.com

Phone: +1 646 845 9312

About the Author

At Market Research Future (Mrfr), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (Crr).

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Author: Sansa Stark

Sansa Stark

Member since: Sep 05, 2019
Published articles: 37

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