Global oil country tubular goods (OCTG) market 2024-2028

List of Tables

Global Oil Country Tubular Goods Market 2023-2027

The oil country tubular goods market is forecasted to grow by USD 16.86 bn during 2022-2027, accelerating at a CAGR of 6.85% during the forecast period. The report on the oil country tubular goods market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing investments in upstream activities, increasing focus on unconventional oil and gas E and P activities, and increasing global active rig count.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	6.56%
CAGR	7.3%
Incremental Value	$19.3bn

Technavio's oil country tubular goods market is segmented as below:

By Product

Seamless
Welded

By Application

Onshore
Offshore

By Geographical Landscape

North America
APAC
Europe
South America
Middle East and Africa

This study identifies the rise in deep-water and ultra-deep-water e and p activities as one of the prime reasons driving the oil country tubular goods market growth during the next few years. Also, declining prices of raw materials and advances in OCTG will lead to sizable demand in the market.

The report on the oil country tubular goods market covers the following areas:

Oil country tubular goods market sizing
Oil country tubular goods market forecast
Oil country tubular goods market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading oil country tubular goods market vendors that include ArcelorMittal, EVRAZ Plc, Hunting Plc, Iljin Co. Ltd., JFE Holdings Inc., Jindal SAW Ltd., Nippon Steel Corp., PAO TMK, SB International Inc., Tenaris SA, Tenergy Equipment and Service Ltd., The Weir Group Plc, Tianjin Pipe International Economic and Trading Corp., Trident Steel Corp., UMW HOLDINGS BERHAD, United States Steel Corp., US Steel Tubular Products Inc., Vallourec SA, voestalpine AG, and Zekelman Industries. Also, the oil country tubular goods market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR40761

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Oil Country Tubular Goods (OCTG) Market 2018 - 2022
- Historic Market Size - Data Table on Global Oil Country Tubular Goods (OCTG) Market 2018 - 2022 ($ billion)
4.2 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.3 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
6.3 Seamless - Market size and forecast 2023-2028
- Chart on Seamless - Market size and forecast 2023-2028 ($ billion)
- Data Table on Seamless - Market size and forecast 2023-2028 ($ billion)
- Chart on Seamless - Year-over-year growth 2023-2028 (%)
- Data Table on Seamless - Year-over-year growth 2023-2028 (%)
6.4 Welded - Market size and forecast 2023-2028
- Chart on Welded - Market size and forecast 2023-2028 ($ billion)
- Data Table on Welded - Market size and forecast 2023-2028 ($ billion)
- Chart on Welded - Year-over-year growth 2023-2028 (%)
- Data Table on Welded - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Product
- Market opportunity by Product ($ billion)
- Data Table on Market opportunity by Product ($ billion)

7 Market Segmentation by Application

7.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
7.3 Onshore - Market size and forecast 2023-2028
- Chart on Onshore - Market size and forecast 2023-2028 ($ billion)
- Data Table on Onshore - Market size and forecast 2023-2028 ($ billion)
- Chart on Onshore - Year-over-year growth 2023-2028 (%)
- Data Table on Onshore - Year-over-year growth 2023-2028 (%)
7.4 Offshore - Market size and forecast 2023-2028
- Chart on Offshore - Market size and forecast 2023-2028 ($ billion)
- Data Table on Offshore - Market size and forecast 2023-2028 ($ billion)
- Chart on Offshore - Year-over-year growth 2023-2028 (%)
- Data Table on Offshore - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Application
- Market opportunity by Application ($ billion)
- Data Table on Market opportunity by Application ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ billion)
- Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Russia - Market size and forecast 2023-2028
- Chart on Russia - Market size and forecast 2023-2028 ($ billion)
- Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
- Chart on Russia - Year-over-year growth 2023-2028 (%)
- Data Table on Russia - Year-over-year growth 2023-2028 (%)
9.11 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ billion)
- Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.12 Saudi Arabia - Market size and forecast 2023-2028
- Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
- Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
- Chart on Saudi Arabia - Year-over-year growth 2023-2028 (%)
- Data Table on Saudi Arabia - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 ArcelorMittal
- ArcelorMittal - Overview
- ArcelorMittal - Business segments
- ArcelorMittal - Key news
- ArcelorMittal - Key offerings
- ArcelorMittal - Segment focus
12.4 EVRAZ Plc
- EVRAZ Plc - Overview
- EVRAZ Plc - Product / Service
- EVRAZ Plc - Key offerings
12.5 Hunting Plc
- Hunting Plc - Overview
- Hunting Plc - Business segments
- Hunting Plc - Key news
- Hunting Plc - Key offerings
- Hunting Plc - Segment focus
12.6 Iljin Co. Ltd.
- Iljin Co. Ltd. - Overview
- Iljin Co. Ltd. - Product / Service
- Iljin Co. Ltd. - Key offerings
12.7 JFE Holdings Inc.
- JFE Holdings Inc. - Overview
- JFE Holdings Inc. - Business segments
- JFE Holdings Inc. - Key news
- JFE Holdings Inc. - Key offerings
- JFE Holdings Inc. - Segment focus
12.8 Jindal SAW Ltd.
- Jindal SAW Ltd. - Overview
- Jindal SAW Ltd. - Business segments
- Jindal SAW Ltd. - Key offerings
- Jindal SAW Ltd. - Segment focus
12.9 Nippon Steel Corp.
- Nippon Steel Corp. - Overview
- Nippon Steel Corp. - Business segments
- Nippon Steel Corp. - Key offerings
- Nippon Steel Corp. - Segment focus
12.10 SB International Inc.
- SB International Inc. - Overview
- SB International Inc. - Product / Service
- SB International Inc. - Key offerings
12.11 Tenaris SA
- Tenaris SA - Overview
- Tenaris SA - Product / Service
- Tenaris SA - Key offerings
12.12 Tenergy Equipment and Service Ltd.
- Tenergy Equipment and Service Ltd. - Overview
- Tenergy Equipment and Service Ltd. - Product / Service
- Tenergy Equipment and Service Ltd. - Key offerings
12.13 The Weir Group Plc
- The Weir Group Plc - Overview
- The Weir Group Plc - Business segments
- The Weir Group Plc - Key news
- The Weir Group Plc - Key offerings
- The Weir Group Plc - Segment focus
12.14 TMK
- TMK - Overview
- TMK - Product / Service
- TMK - Key offerings
12.15 United States Steel Corp.
- United States Steel Corp. - Overview
- United States Steel Corp. - Business segments
- United States Steel Corp. - Key news
- United States Steel Corp. - Key offerings
- United States Steel Corp. - Segment focus
12.16 US Steel Tubular Products Inc.
- US Steel Tubular Products Inc. - Overview
- US Steel Tubular Products Inc. - Product / Service
- US Steel Tubular Products Inc. - Key offerings
12.17 Vallourec SA
- Vallourec SA - Overview
- Vallourec SA - Business segments
- Vallourec SA - Key offerings
- Vallourec SA - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 market analysis
- market analysis
13.10 List of abbreviations
- List of abbreviations