Oil Country tubular goods Market Forecast to 2032

Global Oil Country Tubular Goods is projected to register a CAGR of 7.5% during the review period. Oil Country Tubular Goods (OCTG) is cylinder and line which is utilized in the development of oil and gas. This line is utilized both coastal and seaward to create oil and gas. Oil Country Tubular Goods are an assortment of moved metal items, for example, drill line, packaging and tubing, line pipe, couplings, associations, and frill which are helpful in the creation of oil and gas.

The development of the OCTG market is driven by a few key patterns, including expanded boring exercises, a shift towards whimsical oil and gas assets, and mechanical progressions in penetrating and investigation. Besides, the ascent in oil and gas costs has prompted restraining investigation and creation exercises. One of the huge difficulties is the instability of oil and gas costs, which straightforwardly influences the interest for OCTG items. Different difficulties incorporate ecological worries and guidelines, expanding contest, and the absence of gifted work.

The development of investigation and creation (E&P) exercises in arising economies is because of the change in the worldwide energy scene, driven by financial development, mechanical headways, and expanded energy interest. One of the drivers of this extension is the need of the of energy security. Arising economies knows the significance of getting a steady and various energy supply to support their financial development. Accordingly, they are progressively putting resources into the investigation and creation of homegrown energy assets to lessen reliance on outer sources. This essential move improves energy security as well as mitigates the effect of unpredictable worldwide energy costs. Mechanical headways assume a urgent part in opening the capability of E&P exercises in arising economies. Advancements in penetrating procedures, repository the board, and information examination empower more productive and practical extraction of hydrocarbons. Also, the reception of cutting edge innovations in sustainable power areas, for example, sun based and wind, works with the development of clean energy creation. As per the Global Energy Organization's Report, speculation of more than USD 1 billion every day is supposed to go into sun powered interest in 2023. This will help the sustainable power area and advance the utilization of sunlight based.

Market Segmentation

The oil country tubular products market has been divided into four segments based on product: Drill Pipe, Casing Pipe, Tubing Pipe, and Others. The market is divided into two categories based on application: onshore and offshore. The oil country tubular goods market has been divided into three segments based on dimensions: under 140 mm, 140 mm to 200 mm, and up to 406 mm. The market for tubular goods in oil-producing countries has been divided into two segments: Seamless and Electric Resistance Welded (ERW). The market is divided into API Grade and Premium Grade categories based on grade.

Regional Analysis

The North America district arose as the main fragment with a CAGR of 7.2%. The portion is projected to arrive at a worth of USD 18,550.0 million toward the forecast time frame's end. The Center East and Africa district represented the second-biggest portion with a market esteem USD 4,659.0 Million out of 2022.

Major Players

Key Companies in the Oil Country Tubular Goods Market include EVRAZ plc, ArcelorMittal, ILJIN STEEL CO. LTD., NIPPON STEEL CORPORATION, JFE Steel Corporation, NOV Inc., Oil Country Sumitomo Corporation, Tubular Limited, Tenaris, and SB International, Inc.

Product Code: MRFR/E&P/8065-CR

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 OIL COUNTRY TUBULAR GOODS MARKET, BY PRODUCT
- 1.1.2 OIL COUNTRY TUBULAR GOODS MARKET, BY APPLICATION
- 1.1.3 OIL COUNTRY TUBULAR GOODS MARKET, BY PROCESS
- 1.1.4 OIL COUNTRY TUBULAR GOODS MARKET, BY DIMENSION
- 1.1.5 OIL COUNTRY TUBULAR GOODS MARKET, BY GRADE
- 1.1.6 OIL COUNTRY TUBULAR GOODS MARKET, BY REGION

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 DATA MINING
3.2 SECONDARY RESEARCH
3.3 PRIMARY RESEARCH
- 3.3.1 PRIMARY INTERVIEWS AND INFORMATION GATHERING PROCESS
- 3.3.2 BREAKDOWN OF PRIMARY RESPONDENTS
3.4 RESEARCH METHODOLOGY FOR MARKET SIZE ESTIMATION
- 3.4.1 BOTTOM-UP APPROACH
- 3.4.2 TOP-DOWN APPROACH
3.5 DATA VALIDATION
3.6 ASSUMPTIONS & LIMITATIONS

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 EXPANSION OF EXPLORATION & PRODUCTION ACTIVITIES IN EMERGING ECONOMIES
- 4.2.2 GROWING PRODUCTION OF SOUR CRUDE
4.3 RESTRAINTS
- 4.3.1 VOLATILE OIL & GAS PRICES IMPACTING THE EXPLORATION AND PRODUCTION ACTIVITIES
4.4 OPPORTUNITIES
- 4.4.1 DEVELOPMENT OF UNCONVENTIONAL ENERGY SOURCES

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL SUPPLIERS
- 5.1.2 MANUFACTURER
- 5.1.3 DISTRIBUTION & SALES CHANNEL
- 5.1.4 END USERS
5.2 PORTER'S FIVE FORCES ANALYSIS
- 5.2.1 BARGAINING POWER OF SUPPLIERS
- 5.2.2 BARGAINING POWER OF BUYERS
- 5.2.3 THREAT OF NEW ENTRANTS
- 5.2.4 THREAT OF SUBSTITUTES
- 5.2.5 INTENSITY OF RIVALRY
5.3 IMPACT OF CORONAVIRUS OUTBREAK ON THE GLOBAL OIL COUNTRY TUBULAR GOODS MARKET

6 GLOBAL OIL COUNTRY TUBULAR GOODS MARKET, BY PRODUCT

6.1 OVERVIEW
- 6.1.1 OIL COUNTRY TUBULAR GOODS: MARKET ESTIMATES & FORECAST BY PRODUCT, 2019-2032
- 6.1.2 OIL COUNTRY TUBULAR GOODS: MARKET ESTIMATES & FORECAST BY PRODUCT, 2019-2032

7 GLOBAL OIL COUNTRY TUBULAR GOODS MARKET, BY APPLICATION

7.1 OVERVIEW
- 7.1.1 OIL COUNTRY TUBULAR GOODS: MARKET ESTIMATES & FORECAST BY APPLICATION, 2019-2032
- 7.1.2 OIL COUNTRY TUBULAR GOODS: MARKET ESTIMATES & FORECAST BY APPLICATION, 2019-2032

8 GLOBAL OIL COUNTRY TUBULAR GOODS MARKET, BY DIMENSION

8.1 OVERVIEW
- 8.1.1 OIL COUNTRY TUBULAR GOODS: MARKET ESTIMATES & FORECAST BY DIMENSION, 2019-2032
- 8.1.2 OIL COUNTRY TUBULAR GOODS: MARKET ESTIMATES & FORECAST BY DIMENSION, 2019-2032

9 GLOBAL OIL COUNTRY TUBULAR GOODS MARKET, BY PROCESS

9.1 OVERVIEW
- 9.1.1 OIL COUNTRY TUBULAR GOODS: MARKET ESTIMATES & FORECAST BY PROCESS, 2019-2032
- 9.1.2 OIL COUNTRY TUBULAR GOODS: MARKET ESTIMATES & FORECAST BY PROCESS, 2019-2032

10 GLOBAL OIL COUNTRY TUBULAR GOODS MARKET, BY GRADE

10.1 OVERVIEW
- 10.1.1 OIL COUNTRY TUBULAR GOODS: MARKET ESTIMATES & FORECAST BY GRADE, 2019-2032
- 10.1.2 OIL COUNTRY TUBULAR GOODS: MARKET ESTIMATES & FORECAST BY GRADE, 2019-2032

11 GLOBAL OIL COUNTRY TUBULAR GOODS MARKET, BY REGION

11.1 OVERVIEW
11.2 NORTH AMERICA
- 11.2.1 US
- 11.2.2 CANADA
11.3 EUROPE
- 11.3.1 GERMANY
- 11.3.2 RUSSIA
- 11.3.3 FRANCE
- 11.3.4 UK
- 11.3.5 SPAIN
- 11.3.6 NETHERLANDS
- 11.3.7 BELGIUM
- 11.3.8 POLAND
- 11.3.9 REST OF EUROPE
11.4 ASIA-PACIFIC
- 11.4.1 CHINA
- 11.4.2 INDIA
- 11.4.3 JAPAN
- 11.4.4 SOUTH KOREA
- 11.4.5 AUSTRALIA & NEW ZEALAND
- 11.4.6 THAILAND
- 11.4.7 MALAYSIA
- 11.4.8 INDONESIA
- 11.4.9 REST OF ASIA-PACIFIC
11.5 LATIN AMERICA
- 11.5.1 BRAZIL
- 11.5.2 MEXICO
- 11.5.3 ARGENTINA
- 11.5.4 RSET OF LATIN AMERICA
11.6 MIDDLE EAST & AFRICA
- 11.6.1 GCC COUNTRIES
- 11.6.2 SOUTH AFRICA
- 11.6.3 REST OF MIDDLE EAST & AFRICA

12 COMPETITIVE LANDSCAPE

12.1 INTRODUCTION
12.2 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 12.2.1 ACQUISITION/PARTNERSHIP
- 12.2.2 COMPANY UPDATE
- 12.2.3 PRODUCT LAUNCH/PRODUCT UPDATE
- 12.2.4 EXPANSION
- 12.2.5 AGREEMENT
12.3 GLOBAL MARKET STRATEGY ANALYSIS
12.4 COMPETITIVE BENCHMARKING

13 COMPANY PROFILES

13.1 ARCELORMITTAL
- 13.1.1 COMPANY OVERVIEW
- 13.1.2 FINANCIAL OVERVIEW
- 13.1.3 PRODUCTS OFFERED
- 13.1.4 KEY DEVELOPMENTS
- 13.1.5 SWOT ANALYSIS
- 13.1.6 KEY STRATEGY
13.2 EVRAZ PLC
- 13.2.1 COMPANY OVERVIEW
- 13.2.2 FINANCIAL OVERVIEW
- 13.2.3 PRODUCTS OFFERED
- 13.2.4 KEY DEVELOPMENTS
- 13.2.5 SWOT ANALYSIS
- 13.2.6 KEY STRATEGY
13.3 ILJIN STEEL CO., LTD.
- 13.3.1 COMPANY OVERVIEW
- 13.3.2 FINANCIAL OVERVIEW
- 13.3.3 PRODUCTS/SERVICES OFFERED
- 13.3.4 KEY DEVELOPMENTS
- 13.3.5 SWOT ANALYSIS
- 13.3.6 KEY STRATEGY
13.4 JFE STEEL CORPORATION
- 13.4.1 COMPANY OVERVIEW
- 13.4.2 FINANCIAL OVERVIEW
- 13.4.3 PRODUCTS OFFERED
- 13.4.4 KEY DEVELOPMENTS
- 13.4.5 SWOT ANALYSIS
- 13.4.6 KEY STRATEGY
13.5 NIPPON STEEL CORPORATION
- 13.5.1 COMPANY OVERVIEW
- 13.5.2 FINANCIAL OVERVIEW
- 13.5.3 PRODUCTS OFFERED
- 13.5.4 KEY DEVELOPMENTS
- 13.5.5 SWOT ANALYSIS
- 13.5.6 KEY STRATEGIES
13.6 NOV INC
- 13.6.1 COMPANY OVERVIEW
- 13.6.2 FINANCIAL OVERVIEW
- 13.6.3 PRODUCTS OFFERED
- 13.6.4 KEY DEVELOPMENTS
- 13.6.5 SWOT ANALYSIS
- 13.6.6 KEY STRATEGIES
13.7 OIL COUNTRY TUBULAR LIMITED
- 13.7.1 COMPANY OVERVIEW
- 13.7.2 FINANCIAL OVERVIEW
- 13.7.3 PRODUCTS OFFERED
- 13.7.4 KEY DEVELOPMENTS
- 13.7.5 SWOT ANALYSIS
- 13.7.6 KEY STRATEGIES
13.8 SUMITOMO CORPORATION
- 13.8.1 COMPANY OVERVIEW
- 13.8.2 FINANCIAL OVERVIEW
- 13.8.3 PRODUCTS OFFERED
- 13.8.4 KEY DEVELOPMENTS
- 13.8.5 SWOT ANALYSIS
- 13.8.6 KEY STRATEGY
13.9 TENARIS.
- 13.9.1 COMPANY OVERVIEW
- 13.9.2 FINANCIAL OVERVIEW
- 13.9.3 PRODUCTS OFFERED
- 13.9.4 KEY DEVELOPMENT
- 13.9.5 SWOT ANALYSIS
- 13.9.6 KEY STRATEGY
13.10 SB INTERNATIONAL, INC
- 13.10.1 COMPANY OVERVIEW
- 13.10.2 FINANCIAL OVERVIEW
- 13.10.3 PRODUCTS OFFERED
- 13.10.4 KEY DEVELOPMENTS
- 13.10.5 SWOT ANALYSIS
- 13.10.6 KEY STRATEGY

14 APPENDIX

14.1 REFERENCES
14.2 RELATED REPORTS