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Global OCTG Market To Grow At A CAGR Of 6.214% During The Period 2016-2020

Press Release   •   Jan 09, 2017 04:22 EST

MarketResearchReports.biz has recently announced the addition of a market study “ Global Oil Country Tubular Goods Market 2016-2020 ”, is a comparative analysis of the global market.

About OCTG

The global oil country tubular goods market pertains to the family of consumables consisting of drill pipe, casing, and tubing that are extensively utilized in the global oil and gas operations. They refer to a class of steel pipe products that have varied applications across the upstream oil and gas industry. These goods are seamless or welded; however, a new segment of pipes is slowly evolving, which is neither of the above two mentioned classes.

Technavios analysts forecast the global OCTG market to grow at a CAGR of 6.214% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global OCTG market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of the products in the market. It also includes the revenues generated from the replacement of previously used products.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global OCTG Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

ArcelorMittal

NSSMC

Tenaris

TMK

U.S. Steel

Download The sample Copy Of This Report: http://www.marketresearchreports.biz/sample/sample/850953

Other prominent vendors

ACE O.C.T.G

Benteler

Corpac Steel Products

ISMT

JFE Steel

Jindal Steel & Power

Tata Steel

Vallourec.

Market driver

Opening up of new avenues for oil and gas markets

For a full, detailed list, view our report

Market challenge

Prolonged periods of lull in global steel prices

For a full, detailed list, view our report

Market trend

Increase in drilling of horizontal and multilateral wells

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

Table Of Content

PART 01: Executive summary

PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

Technological overview

PART 05: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 06: Market segmentation by product type

Global oil country tubular goods market by product type

PART 07: Geographical segmentation

Global oil country tubular goods 2016-2020 segmentation by geography

APAC

Americas

EMEA

PART 08: Key leading countries

Brazil

Canada

US

China

PART 09: Market drivers

Opening up of new avenues for oil and gas markets

Fall in raw material prices

Increasing oil country tubular goods replacement rates

PART 10: Impact of drivers

PART 11: Market challenges

Prolonged periods of lull in global steel prices

Detrimental effects of hostile operating

Uncertainties associated with low crude oil prices

PART 12: Impact of drivers and challenges

PART 13: Market trends

Increase in drilling of horizontal and multilateral wells

Fluctuation in operational rigs

Increase in deep water and ultra-deep water exploration

PART 14: Vendor landscape

Other prominent vendors

PART 15: Key vendor analysis

ArcelorMittal

NSSMC

Tenaris

TMK

U.S. Steel

PART 16: Appendix

List of abbreviations

PART 17: Explore Technavio