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The oil country tubular goods (OCTG) market is forecasted to grow by USD 12.34 billion during 2024-2029, accelerating at a CAGR of 6.4% during the forecast period. The report on the oil country tubular goods (OCTG) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
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 exploration and production activities, and increasing global active rig count.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The oil country tubular goods (OCTG) market is segmented as below:
By Product
- Seamless
- Welded
By Application
- Onshore
- Offshore
By Type
- Well casing
- Production tubing
- Drill pipe
- Others
By Grade Type
- API grade
- Premium grade
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the oil country tubular goods (OCTG) market covers the following areas:
- Oil Country Tubular Goods (OCTG) Market sizing
- Oil Country Tubular Goods (OCTG) Market forecast
- Oil Country Tubular Goods (OCTG) Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by 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 primary and secondary research. 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.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Product
9 Market Segmentation by Application
10 Market Segmentation by Type
11 Market Segmentation by Grade Type
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global oil country tubular goods (OCTG) market: ArcelorMittal, EVRAZ Plc, Hunting Plc, Iljin Co. Ltd., JFE Holdings Inc., Jindal SAW Ltd., Nippon Steel Corp., SB International Inc., Tenaris SA, Tenergy Equipment and Service Ltd., TMK, Trident Steel Corp., UMW HOLDINGS BERHAD, United States Steel Corp., US Steel Tubular Products Inc., Vallourec SA, voestalpine AG, and Zekelman Industries.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rise in deep-water and ultra-deep-water exploration and production activities."
According to the report, one of the major drivers for this market is the increasing investments in upstream activities.
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 a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ArcelorMittal
- EVRAZ Plc
- Hunting Plc
- Iljin Co. Ltd.
- JFE Holdings Inc.
- Jindal SAW Ltd.
- Nippon Steel Corp.
- SB International Inc.
- Tenaris SA
- Tenergy Equipment and Service Ltd.
- TMK
- Trident Steel Corp.
- UMW HOLDINGS BERHAD
- United States Steel Corp.
- US Steel Tubular Products Inc.
- Vallourec SA
- voestalpine AG
- Zekelman Industries