+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Drill Pipes Market Research Report by Type, Grade, Application, State - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - United States Forecast 2023-2030

  • PDF Icon

    Report

  • 130 Pages
  • January 2023
  • Region: United States
  • 360iResearch™
  • ID: 5721824
The United States Drill Pipes Market is projected to grow with a significant CAGR in the forecast period. Economic development and substantial infrastructure development have constituted regional revenue generation. Further, the patterns associated with domestic production, import and export, and consumption have helped market participants to analyze and capitalize on potential opportunities. Besides, the qualitative and quantitative parameters provided in the report with detailed analysis highlights the driving and restraining factors of the United States Drill Pipes Market.

Cumulative Impact of COVID-19:

COVID-19 is an unprecedented global public health emergency that affected almost every industry, and the long-term impacts are projected to reflect on the growth of various end-use industries during the forecast period. This ongoing research amplifies the research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19, considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The dedicated section in the report uncovers a detailed analysis of the impact of COVID-19 and its subsequent variant outbreaks on demand, supply, price, and vendor uptake and provides recommendations for sustainable outcomes. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the United States Drill Pipes Market.

Cumulative Impact of Russia-Ukraine Conflict:

The publisher continuously monitors and update reports considering unceasing political and economic uncertainty due to the Russia-Ukraine Conflict. Negative impacts are globally foreseen, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected people’s lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on Ukraine and reverberate harsh long-term effects on Russia. The report uncovers the implications for demand-supply balances, pressure on pricing variants, impact on import/export and trading, and short-term recommendations to the United States Drill Pipes Market considering the current update on the conflict and its global responses.

Cumulative Impact of High Inflation:

The high inflation in developed economies globally has resulted in an overall price surge over the past two years. The cumulatively eroding overall purchasing power is expected to impact developing economies significantly and is considered helpful in numerous ways. The report uncovers the effect of high inflation on the long-term performance of the global economy and provides details on fiscal policies measuring and reducing its short-term impacts on demand/supply, cash flow, and currency exchange. The United States Drill Pipes Market report delivers the high inflation expectation considering the related impact from cost-push and demand-pull inflation.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make better decisions. In this report, the years 2018 and 2021 are considered as historical years, 2022 as the base year, 2023 as the estimated year, and years from 2024 to 2030 are considered as the forecast period.

Market Segmentation & Coverage:

The report on the United States Drill Pipes Market identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. The market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan. This research report categorizes the United States Drill Pipes Market in order to forecast the revenues and analyze the trends in each of the following sub-markets:
  • Based on Type, the market is studied across Drill Collar, Heavy Weight Drill Pipe, and Standard Drill Pipe.
  • Based on Grade, the market is studied across American Petroleum Institute (API) Grade and Premium Grade.
  • Based on Application, the market is studied across Offshore and Onshore.
  • Based on State, the market is studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes vendors in the United States Drill Pipes Market. based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) and placed into four quadrants (F: Forefront, P: Pathfinder, N: Niche, and V: Vital). The United States Drill Pipes Market FPNV Positioning Matrix representation/visualization further aids businesses in better decision-making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market, providing the idea of revenue generation into the overall market compared to other vendors in the space. This provides insights on vendors performance in terms of revenue generation and customer base compared to others. The United States Drill Pipes Market Share Analysis offers an idea of the size and competitiveness of the vendors for the base year. The outcome reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:

The Competitive Scenario provides an outlook analysis of the various strategies for business growth adopted by the vendors. The news in this section covers valuable insights at various stages while keeping up with the business and engaging stakeholders in the economic debate. The United States Drill Pipes Market Competitive Scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected helps vendors understand the gaps in the marketplace and competitor’s strengths and weaknesses, providing insights to enhance products and services.

Company Usability Profiles:

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the United States Drill Pipes Market, including Cangzhou Zhongxing Petroleum Equipment Co, Ltd., Challenger International Inc., DP-Master Manufacturing (S) Pte Ltd., Drill Pipe International, LLC, Hilong Group of Companies, Hunting PLC, International Drilling Services Ltd., NOV Inc., Oil Country Tubular Limited., Tejas Tubular Products Inc., Tenaris S.A., Texas Steel Conversion Inc., TMK Group, Weatherock Group Holding Limited, and Workstrings International.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation
5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the United States Drill Pipes Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the United States Drill Pipes Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the United States Drill Pipes Market?
4. What is the competitive strategic window for opportunities in the United States Drill Pipes Market?
5. What are the technology trends and regulatory frameworks in the United States Drill Pipes Market?
6. What is the market share of the leading vendors in the United States Drill Pipes Market?
7. What modes and strategic moves are considered suitable for entering the United States Drill Pipes Market?

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rise in onshore oil production activities
5.1.1.2. Growing adoption of horizontal drilling process
5.1.2. Restraints
5.1.2.1. High cost of installation
5.1.3. Opportunities
5.1.3.1. Increasing investments in oil exploration activities
5.1.4. Challenges
5.1.4.1. Concerns associated with maintenance of drill pipes
5.2. Cumulative Impact of COVID-19
5.3. Cumulative Impact of Russia-Ukraine Conflict
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Threat of Substitutes
5.5.4. Threat of Substitutes
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
5.8. Client Customization

6. Drill Pipes Market, by Type
6.1. Introduction
6.2. Drill Collar
6.3. Heavy Weight Drill Pipe
6.4. Standard Drill Pipe

7. Drill Pipes Market, by Grade
7.1. Introduction
7.2. American Petroleum Institute (API) Grade
7.3. Premium Grade

8. Drill Pipes Market, by Application
8.1. Introduction
8.2. Offshore
8.3. Onshore

9. California Drill Pipes Market
9.1. Introduction

10. Florida Drill Pipes Market
10.1. Introduction

11. Illinois Drill Pipes Market
11.1. Introduction

12. New York Drill Pipes Market
12.1. Introduction

13. Ohio Drill Pipes Market
13.1. Introduction

14. Pennsylvania Drill Pipes Market
14.1. Introduction

15. Texas Drill Pipes Market
15.1. Introduction

16. Competitive Landscape
16.1. FPNV Positioning Matrix
16.1.1. Quadrants
16.1.2. Business Strategy
16.1.3. Product Satisfaction
16.2. Market Ranking Analysis, By Key Player
16.3. Market Share Analysis, By Key Player
16.4. Product Portfolio Analysis, By Key Player
16.5. Competitive Scenario
16.5.1. Merger & Acquisition
16.5.2. Agreement, Collaboration, & Partnership
16.5.3. New Product Launch & Enhancement
16.5.4. Investment & Funding
16.5.5. Award, Recognition, & Expansion

17. Company Usability Profiles
17.1. Cangzhou Zhongxing Petroleum Equipment Co, Ltd.
17.2. Challenger International Inc.
17.3. DP-Master Manufacturing (S) Pte Ltd.
17.4. Drill Pipe International, LLC
17.5. Hilong Group of Companies
17.6. Hunting PLC
17.7. International Drilling Services Ltd.
17.8. NOV Inc.
17.9. Oil Country Tubular Limited.
17.10. Tejas Tubular Products Inc.
17.11. Tenaris S.A.
17.12. Texas Steel Conversion Inc.
17.13. TMK Group
17.14. Weatherock Group Holding Limited
17.15. Workstrings International

18. Appendix
18.1. Discussion Guide
18.2. License & Pricing

List of Figures
FIGURE 1. UNITED STATES DRILL PIPES MARKET: RESEARCH PROCESS
FIGURE 2. UNITED STATES DRILL PIPES MARKET SIZE, 2022 VS 2030
FIGURE 3. UNITED STATES DRILL PIPES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. UNITED STATES DRILL PIPES MARKET SIZE, BY STATE, 2022 VS 2030 (%)
FIGURE 5. UNITED STATES DRILL PIPES MARKET SIZE, BY STATE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 6. UNITED STATES DRILL PIPES MARKET COMPETITIVE STRATEGIC WINDOW, BY STATE, 2030
FIGURE 7. UNITED STATES DRILL PIPES MARKET DYNAMICS
FIGURE 8. UNITED STATES DRILL PIPES MARKET PORTER’S FIVE FORCES ANALYSIS
FIGURE 9. UNITED STATES DRILL PIPES MARKET SIZE, BY TYPE, 2022 VS 2030 (%)
FIGURE 10. UNITED STATES DRILL PIPES MARKET SIZE, BY TYPE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 11. UNITED STATES DRILL PIPES MARKET COMPETITIVE STRATEGIC WINDOW, BY TYPE, 2030
FIGURE 12. UNITED STATES DRILL PIPES MARKET SIZE, BY DRILL COLLAR, 2018-2030 (USD MILLION)
FIGURE 13. UNITED STATES DRILL PIPES MARKET SIZE, BY HEAVY WEIGHT DRILL PIPE, 2018-2030 (USD MILLION)
FIGURE 14. UNITED STATES DRILL PIPES MARKET SIZE, BY STANDARD DRILL PIPE, 2018-2030 (USD MILLION)
FIGURE 15. UNITED STATES DRILL PIPES MARKET SIZE, BY GRADE, 2022 VS 2030 (%)
FIGURE 16. UNITED STATES DRILL PIPES MARKET SIZE, BY GRADE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES DRILL PIPES MARKET COMPETITIVE STRATEGIC WINDOW, BY GRADE, 2030
FIGURE 18. UNITED STATES DRILL PIPES MARKET SIZE, BY AMERICAN PETROLEUM INSTITUTE (API) GRADE, 2018-2030 (USD MILLION)
FIGURE 19. UNITED STATES DRILL PIPES MARKET SIZE, BY PREMIUM GRADE, 2018-2030 (USD MILLION)
FIGURE 20. UNITED STATES DRILL PIPES MARKET SIZE, BY APPLICATION, 2022 VS 2030 (%)
FIGURE 21. UNITED STATES DRILL PIPES MARKET SIZE, BY APPLICATION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 22. UNITED STATES DRILL PIPES MARKET COMPETITIVE STRATEGIC WINDOW, BY APPLICATION, 2030
FIGURE 23. UNITED STATES DRILL PIPES MARKET SIZE, BY OFFSHORE, 2018-2030 (USD MILLION)
FIGURE 24. UNITED STATES DRILL PIPES MARKET SIZE, BY ONSHORE, 2018-2030 (USD MILLION)
FIGURE 25. CALIFORNIA DRILL PIPES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 26. FLORIDA DRILL PIPES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 27. ILLINOIS DRILL PIPES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 28. NEW YORK DRILL PIPES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 29. OHIO DRILL PIPES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 30. PENNSYLVANIA DRILL PIPES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 31. TEXAS DRILL PIPES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 32. UNITED STATES DRILL PIPES MARKET: FPNV POSITIONING MATRIX, 2022
FIGURE 33. UNITED STATES DRILL PIPES MARKET SHARE, BY KEY PLAYER, 2022
FIGURE 34. UNITED STATES DRILL PIPES MARKET COMPETITIVE SCENARIO, BY KEY TYPE, 2022


List of Tables
TABLE 1. UNITED STATES DRILL PIPES MARKET SEGMENTATION & COVERAGE
TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018-2022
TABLE 3. UNITED STATES DRILL PIPES MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 4. UNITED STATES DRILL PIPES MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
TABLE 5. UNITED STATES DRILL PIPES MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 6. UNITED STATES DRILL PIPES MARKET SIZE, BY DRILL COLLAR, 2018-2030 (USD MILLION)
TABLE 7. UNITED STATES DRILL PIPES MARKET SIZE, BY DRILL COLLAR, BY STATE, 2018-2030 (USD MILLION)
TABLE 8. UNITED STATES DRILL PIPES MARKET SIZE, BY HEAVY WEIGHT DRILL PIPE, 2018-2030 (USD MILLION)
TABLE 9. UNITED STATES DRILL PIPES MARKET SIZE, BY HEAVY WEIGHT DRILL PIPE, BY STATE, 2018-2030 (USD MILLION)
TABLE 10. UNITED STATES DRILL PIPES MARKET SIZE, BY STANDARD DRILL PIPE, 2018-2030 (USD MILLION)
TABLE 11. UNITED STATES DRILL PIPES MARKET SIZE, BY STANDARD DRILL PIPE, BY STATE, 2018-2030 (USD MILLION)
TABLE 12. UNITED STATES DRILL PIPES MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
TABLE 13. UNITED STATES DRILL PIPES MARKET SIZE, BY AMERICAN PETROLEUM INSTITUTE (API) GRADE, 2018-2030 (USD MILLION)
TABLE 14. UNITED STATES DRILL PIPES MARKET SIZE, BY AMERICAN PETROLEUM INSTITUTE (API) GRADE, BY STATE, 2018-2030 (USD MILLION)
TABLE 15. UNITED STATES DRILL PIPES MARKET SIZE, BY PREMIUM GRADE, 2018-2030 (USD MILLION)
TABLE 16. UNITED STATES DRILL PIPES MARKET SIZE, BY PREMIUM GRADE, BY STATE, 2018-2030 (USD MILLION)
TABLE 17. UNITED STATES DRILL PIPES MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 18. UNITED STATES DRILL PIPES MARKET SIZE, BY OFFSHORE, 2018-2030 (USD MILLION)
TABLE 19. UNITED STATES DRILL PIPES MARKET SIZE, BY OFFSHORE, BY STATE, 2018-2030 (USD MILLION)
TABLE 20. UNITED STATES DRILL PIPES MARKET SIZE, BY ONSHORE, 2018-2030 (USD MILLION)
TABLE 21. UNITED STATES DRILL PIPES MARKET SIZE, BY ONSHORE, BY STATE, 2018-2030 (USD MILLION)
TABLE 22. CALIFORNIA DRILL PIPES MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 23. CALIFORNIA DRILL PIPES MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 24. CALIFORNIA DRILL PIPES MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
TABLE 25. CALIFORNIA DRILL PIPES MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 26. FLORIDA DRILL PIPES MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 27. FLORIDA DRILL PIPES MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 28. FLORIDA DRILL PIPES MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
TABLE 29. FLORIDA DRILL PIPES MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 30. ILLINOIS DRILL PIPES MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 31. ILLINOIS DRILL PIPES MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 32. ILLINOIS DRILL PIPES MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
TABLE 33. ILLINOIS DRILL PIPES MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 34. NEW YORK DRILL PIPES MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 35. NEW YORK DRILL PIPES MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 36. NEW YORK DRILL PIPES MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
TABLE 37. NEW YORK DRILL PIPES MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 38. OHIO DRILL PIPES MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 39. OHIO DRILL PIPES MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 40. OHIO DRILL PIPES MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
TABLE 41. OHIO DRILL PIPES MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 42. PENNSYLVANIA DRILL PIPES MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 43. PENNSYLVANIA DRILL PIPES MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 44. PENNSYLVANIA DRILL PIPES MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
TABLE 45. PENNSYLVANIA DRILL PIPES MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 46. TEXAS DRILL PIPES MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 47. TEXAS DRILL PIPES MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 48. TEXAS DRILL PIPES MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
TABLE 49. TEXAS DRILL PIPES MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 50. UNITED STATES DRILL PIPES MARKET: FPNV POSITIONING MATRIX - SCORES, 2022
TABLE 51. UNITED STATES DRILL PIPES MARKET: FPNV POSITIONING MATRIX - BUSINESS STRATEGY, 2022
TABLE 52. UNITED STATES DRILL PIPES MARKET: FPNV POSITIONING MATRIX - PRODUCT SATISFACTION, 2022
TABLE 53. UNITED STATES DRILL PIPES MARKET RANKING, BY KEY PLAYER, 2022
TABLE 54. UNITED STATES DRILL PIPES MARKET SHARE, BY KEY PLAYER, 2022
TABLE 55. UNITED STATES DRILL PIPES MARKET PRODUCT PORTFOLIO ANALYSIS, BY KEY PLAYER, 2022
TABLE 56. UNITED STATES DRILL PIPES MARKET MERGER & ACQUISITION
TABLE 57. UNITED STATES DRILL PIPES MARKET AGREEMENT, COLLABORATION, & PARTNERSHIP
TABLE 58. UNITED STATES DRILL PIPES MARKET NEW PRODUCT LAUNCH & ENHANCEMENT
TABLE 59. UNITED STATES DRILL PIPES MARKET INVESTMENT & FUNDING
TABLE 60. UNITED STATES DRILL PIPES MARKET AWARD, RECOGNITION, & EXPANSION
TABLE 61. UNITED STATES DRILL PIPES MARKET: LICENSE & PRICING

Companies Mentioned

  • Cangzhou Zhongxing Petroleum Equipment Co, Ltd.
  • Challenger International Inc.
  • DP-Master Manufacturing (S) Pte Ltd.
  • Drill Pipe International, LLC
  • Hilong Group of Companies
  • Hunting PLC
  • International Drilling Services Ltd.
  • NOV Inc.
  • Oil Country Tubular Limited.
  • Tejas Tubular Products Inc.
  • Tenaris S.A.
  • Texas Steel Conversion Inc.
  • TMK Group
  • Weatherock Group Holding Limited
  • Workstrings International

Methodology

Loading
LOADING...