Oil Country Tubular Goods (OCTG) Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28 - PowerPoint PPT Presentation

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Oil Country Tubular Goods (OCTG) Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28

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According to the latest research report by IMARC Group, The global oil country tubular goods (OCTG) market size reached US$ 23.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 34.0 Billion by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2023-2028. More Info:- – PowerPoint PPT presentation

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Title: Oil Country Tubular Goods (OCTG) Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28


1
Global Oil Country Tubular Goods (OCTG) Market
Research and Forecast Report 2023-2028
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
    businesses.
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Oil Country Tubular Goods (OCTG) Market
    Global Industry Trends, Share, Size, Growth,
    Opportunity and Forecast 2023-2028," the global
    oil country tubular goods (OCTG) market size
    reached US 23.0 Billion in 2022.
  • OCTGs are seamless rolled products that are used
    in drilling and operating wells for oil
    production in the oil and gas industry. Drill
    pipe, casing, line pipe, and tubing are some of
    the most common products from OCTG that are
    loaded according to their application
    requirements.
  • Drilling operations are improved by using OCTG
    products as they aid in rotating the drill,
    circulating drilling fluid, channeling oil and
    gas into the borehole, and preventing unwanted
    fluids and gases from entering the well. These
    products are made from alloy steel or carbon
    through resistance welding or seamless processes,
    which facilitates safe and efficient
    transportation of oil and gas.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/oil-country-tubular-goo
    ds-market/requestsample

4
Report Description
  • Global Oil Country Tubular Goods (OCTG) Market
    Trends
  • The global market is majorly driven by the
    increasing number of drilling activities for
    deep-water exploration and oil-field exploration.
    Moreover, the significant expansion of oil and
    gas production activities, along with the growing
    green energy sector, is acting as a significant
    growth-inducing factor for the market. In
    addition to this, the escalating demand for
    high-performance equipment with improved features
    of hydraulic fracturing and horizontal drilling
    technologies is creating lucrative growth
    opportunities in the market. Besides this,
    favorable government initiatives supporting the
    exploration and production (EP) activities
    regarding oil and gas extraction are propelling
    the market.
  • The rising adoption of numerous strategies by the
    key players, such as product launches, product
    developments, mergers and acquisitions (MAs),
    partnerships and collaborations, are also
    contributing to the market growth. Some of the
    other factors creating a positive market outlook
    include considerable growth in the petrochemical
    industry, the increasing adoption of innovative
    seamless pipes, rapid industrialization, and
    extensive research and development (RD)
    activities conducted by key players.
  • Looking forward, the market is anticipated to
    reach a value of US 34.0 Billion by 2028,
    exhibiting a CAGR of 6.3 during 2023-2028.
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/oil-country-tubular-goo
    ds-market

5
Report Segmentation
  • Breakup by Product
  • Well Casing
  • Product Tubing
  • Drill Pipe
  • Others
  •  
  • Breakup by Manufacturing Process
  • Electric Resistance Welded (ERW)
  • Seamless
  • Breakup by Grade
  • API Grade
  • Premium Grade

6
Report Segmentation
  • Breakup by Application
  • Onshore
  • Offshore
  • Breakup by Region
  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

7
Competitive Landscape with Key Players
  • ArcelorMittal S.A.
  • EVRAZ plc
  • Iljin Steel Co. Ltd. (ILJIN Group)
  • JFE Steel Corporation
  • Nippon Steel Corporation
  • NOV Inc.
  • Oil Country Tubular Limited
  • Sumitomo Corporation
  • Tenaris S.A. (Techint)
  • TMK Group
  • United States Steel Corporation
  • Vallourec S.A.

8
Key Questions Answered in the Report
9
Key Questions Answered in the Report
10
Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    Global Oil Country Tubular
    Goods (OCTG) Market    5.1    Market Overview 
      5.2    Market Performance    5.3    Impact of
    COVID-19  5.4    Market Forecast
  • 6     Market Breakup by Product
  •   6.1     Well Casing    6.1.1 Market
    Trends       6.1.2 Market Forecast    6.2
    Product Tubing    6.2.1  Market Trends     
     6.2.2 Market Forecast    6.3 Drill Pipe 
      6.3.1 Market Trends       6.3.2 Market
    Forecast       

11
Table of Contents
  •     6.4 Others    6.4.1 Market Trends     
     6.4.2 Market Forecast
  • 7  Market Breakup by Manufacturing Process
  • 7.1 Electric Resistance Welded (ERW)
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
  • 7.2 Seamless
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
  • 8  Market Breakup by Grade
  • 8.1 API Grade
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
  • 8.2 Premium Grade
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
  • 9  Market Breakup by Application
  • 9.1 Onshore
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast

12
Disclaimer
  • 2023 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

13
Contact Us
Visit us at
https//www.imarcgroup.com
TELEPHONE 1-631-791-1145 E-MAIL
sales_at_imarcgroup.com
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