Global Drill Pipe Market was valued at USD 1.24 Billion in 2021 and is expected to reach USD 1.70 Billion by the year 2028, at a CAGR of 4.6%
Drill pipe is a thick-walled and hollow piping used for transmission of drilling fluid through wellbore to the drill bit during rig drilling operation. Drill pipes are seamless steel pipes and are considered as a component of drill string assembly. Drill pipes are also built to handle high external and internal pressures that drilling fluids exert. It is manufactured, inspected, and tested in compliance with the American Petroleum Institute's standard criteria (API). Drill pipes are classified as E grade, X-95, G-105, and S-135 on their API grade.
The key players covered in the Drill Pipe market report is:
Drill Pipe International LLC. (US),Superior Drill Pipe Manufacturing Inc (US),DP Master Manufacturing Pte Ltd. (Singapore),RK Pipe LLC (US),TPS-Technitube Röhrenwerke (Germany),Oil Country Tubular Limited (India),Jiangyin Long Bright Drill Pipe Manufacture Co. Ltd. (China),Hilong Group (China),Tejas Tubular Products Inc. (US),Tenaris SA (Luxembourg),National Oilwell Varco (US),Workstrings International (US),Vallourec (France),Inter Drill Asia Ltd (India), and Other Major Players.
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The latest research on the Drill Pipe market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Drill Pipe industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Drill Pipe market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
Segmentation Of Drill Pipe Market:
In market segmentation by Type, Drill Pipe Market report covers:
Standard Drill Pipe,Heavy Weight Drill Pipe,Drill Collar
In market segmentation by Application, Drill Pipe Market report covers:
Onshore,Offshore
Market Segment by Regions and Countries Level Analysis:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Reasons to buy the global Drill Pipe market
1. This research identifies the region and market sector that is likely to expand the fastest and dominate the Drill Pipe industry.
2. Market analysis of the Drill Pipe by region, covering the consumption of the manufacturer in each country as well as the factors that influence the market within each region.
3. The market environment includes the top players’ Drill Pipe market rankings, as well as new service/product announcements, collaborations, company growth, and acquisitions made by the companies profiled in the previous five years.
4. For the top Drill Pipe market players, extensive company profiles with business
Report Highlights:
- A complete analysis of the market, including the parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
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