The products can also be segmented on the basis of pressure, loads and overall utilization time in a day. Steel tubular products are widely used across the global oil and gas industry. Since 1986, subscribers to our monthly report have relied on our highly focused executive overview, exclusive octg surveys and resultant forecasts to better understand and analyze current and historical market trends. Appropriate selection of octg during drilling activities helps save overall cost and reduce the chances of causing hazards. Global oil country tubular goods octg market 2019 industry. Oil country tubular goods market size octg industry report. In 2016, eu carbon market is forecasted to turn into deficit for first time because of reduction in the number of free allocations. The five year outlook for the global octg industry is highly acclaimed to be the most groundbreaking, insightful and accurate market study providing independent bycountry analysis of octg supply, demand and pricing trends. Researchmoz presents professional and indepth study of global oil country tubular goods octg market 2019 by manufacturers, regions, type and application, forecast to 2024. Octg market will generate massive revenue in future a. The scope accordingly aids the market participants identify high growth markets and helps. Oil country tubular goods market is witnessing a high growth due to increase in the number of exploration and development activities in all the countries across the world. Key strategic issues for the global octg market the global octg industry continues to grow and remains one of the brightest niches within the global steel industry. Read the monthly research report including market analysis and short term trading strategies.
Oil country tubular goods octg market competition by top manufacturers, with. Global oil country tubular goods octg market growth 2020. Steel tubular products has provided solutions for the oil and gas industry. Affecting steel consumption between 1999 and 2010 annual consumption of finished steel in the united states decreased by 42 million metric tons. This has affected the oil country tubular goods octg market in indonesia. The japanese steel industry in the global steel market. The global oil free compressor market is segmented firstly on the basis of the technology type employed in them such as reciprocating compressors, rotary. Apr 24, 20 key strategic issues for the global octg market the global octg industry continues to grow and remains one of the brightest niches within the global steel industry. Market attractivenessgrowth potential analysis by type 6. Global octg market outlook to 2018 rising level of. Outlook strong for octg market, but with some bumps along the. Rising demand for premium pipes coupled with the advent of technologically advanced pipes.
The report titled global octg market outlook to 2018 rising level of deepwater exploration to stimulate market growth, presents a. Louisvery quickly into the economic recovery, the oil country tubular goods market drew significant interest because of its speedy return to strong growth rates. Oil country tubular goods octg market swot analysis by. First of all, an overview is the first section of the report on the global oil country tubular goods octg market includes research scope, major players covered in the research study, market segments by type and application, a period considered, and research objectives.
The production of oil and gas requires various kind of octg, by product seamless and erw, and by grade api and premium. In contrast, the oil and gas industry was one of the quickest sectors to bounce back, and with operators maintaining drilling activity at historically high levels, oil and gas continues to be a shining star of domestic economic growth. Global oil country tubular goods market industry analysis. Global oil country tubular goods octg market insights 2019 u. Jun 16, 2019 oil country tubular goods octg market overview. Oil country tubular goods octg market projected to gain. The octg market is further segmented on the basis of major countries in the region. An advanced line of premium and semipremium connections has been specially designed for today s challenging oil and gas environments, including drilling conditions encountered in shale plays and other. Oil country tubular goods octg market swot analysis by key. The production facility will be equipped with stateoftheart heat treatment, process and testing lines to produce the special high alloy grade n80, l80 and p110 grades octg pipes. The global oil country tubular goods market is highly fragmented with the presence of multiple global vendors. The global oil country tubular goods market is anticipated to witness strong growth over. This outline can help you grow your business by targeting qualified niche markets.
Oil and country tubular goods are production and exploration activities on offshore as well as onshore reserves. While the results of our exclusive 4q19 octg inventory yard survey cant steel you against unforeseen events, we trust it will provide some 2020 foresight to prepare you for any situation that arises in the tubular market this year. The octg market is segmented in six regions, namely north america, south america, europe, africa, asiapacific, and the middle east. Market synopsis, the oil country tubular goods octg are components that are used in the production of oil and gas from wells. Oil country tubular goods octg market in indonesia 20192023. This report presents a comprehensive overview, market shares, and growth opportunities of oil country tubular goods octg market by product type, application, key. Oil country tubular goods octg market 2014 2019 oil. The octg situation report is the leading authority for intelligence on the north american upstream oil country tubular goods market.
Global oil country tubular goods octg market insights 2019. Oil country tubular goods market growth, trends, and. The global oil free compressor market is segmented firstly on the basis of the technology type employed in them such as reciprocating compressors, rotary screw compressors, and centrifugal compressors. In this edition, fastmarkets research team delivers analysis of seamless octg and linepipe across international markets. The global oil country tubular goods market is anticipated to witness strong growth over the forecast period owing to increasing drilling and production activities. The market is highly competitive with players competing to gain greater market share. Energy consumption in other parts of the world less affected by the. The analysis shows that the key factors affecting the oil pipe market include the global oil distribution, the global demand for oil pipe, and the growth trend of crude oil prices. Dublinbusiness wireresearch and markets has announced the addition of the global octg oil country tubular goods market. Toc, figures, and tables, get free sample copy download pdf. Extensive data included in downloadable excel spreadsheets easy for you to use for your own requirements.
The report, oil country tubular goods octg market in europe forecast, 20122019, report analyzes the octg market by types, grades and geography. Global oil country tubular goods octg market intelligence. For the detailed list of factors that will drive and challenge the growth of the oil country tubular goods market in indonesia market during the 20192023, view this report. Albany,ny prweb january 15, 2015 the report, titled global octg oil country tubular goods market report 2014 edition, estimates that increasing demand for fossil fuels from all over the world will help the global oil country tubular goods market expand at a robust rate till 2018. Jan 24, 2012 in 2016, eu carbon market is forecasted to turn into deficit for first time because of reduction in the number of free allocations. Oil country tubular goods octg casing and tubing overcoming a new generation of energy industry challenges. We combine innovative technology, reliable product quality and efficient service. Coupled with sliding steel prices amid exuberant cheaper steel supply from china, it is expected to result in eu steel makers potentially struggling to absorb the new costs in the light of thinning margins. After all, what other segments of the economy were in a position to boast performance numbers like the oil and gas industry so soon after the recession.
By type, oil country tubular goods octg market has. Top 5 vendors in the global oil country tubular goods. Louisfive years after the recession of 2009, several sectors of the u. Jan 15, 2015 albany,ny prweb january 15, 2015 the report, titled global octg oil country tubular goods market report 2014 edition, estimates that increasing demand for fossil fuels from all over the world will help the global oil country tubular goods market expand at a robust rate till 2018. Oil country tubular goods account for about 30% of seamless production and similar to welded octg, the pipes are made in accordance to the american petroleum institute api standards, or even exceed those standards. Oil country tubular goods octg market revenue details,key.
Outlook strong for octg market, but with some bumps along. Global octg oil country tubular goods market research. In this edition, fastmarkets research team delivers analysis of seamless. Us octg market at inflection point poised for recovery following a c. Oil country tubular goods market size, share, industry trends.
Europe oil country tubular goods octg market research. Research and markets has announced the addition of the global octg oil country tubular goods market. The facility is expected to be in production in 2015. Major factors driving the market studied are the reducing supplydemand gap, the low oil breakeven prices due to the technological advancement and reduced oil services cost, and increased directional drilling. Oil country tubular goodsoctgrefers to a kind of casing, tubing, line pipe, drill pipe and its accessories that are specially used in oil and gas exploration. Oil country tubular goods market octg global industry. Oil country tubular goods market report categories the global. They can be seamless and welded pipes electric resistance welding ewr and come in various sizes and length. This webcast will provide insight into the global market size, the split between welded and seamless supply, regional differences, trade flows and historic demand and supply. The market for oil country tubular goods octg market is expected to grow at a cagr of more than 6. The proper use of otcgs could help reduce the probabilities of any mishap, hazard, and risks that ultimately reduce the production cost of a company. Oil country tubular goods market size octg industry. Appropriate selection of octg during drilling activities helps save overall cost. Oil country tubular goods market size octg industry report, 2026.
Oil country tubular goods octg market size and volume forecast by type 5. While the traditional channels of direct mill orders work well for the majority of octg requirements, there are situations that arise where standard supply chain routes cannot meet customer demands. The analysts have predicted that the oil country tubular goods octg market in indonesia will register a cagr of more than 4% by 2023. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for oil. Urgent requirements, nonstandard sizes, lengths, specifications, and quantities can be disruptive to the standard mills production schedule. Octg market research report global forecast to 2023 mrfr. Oil country tubular goods octg from turkey enforcement and. Global oil country tubular goods octg market research report 2017 to 2022 presents an indepth assessment of the oil country tubular goods octg industry.
Supply and demand analysis for the key markets in the americas asia, europecis and also middle eastnorth africa. Dec 17, 2019 oil country tubular goods octg market size and volume forecast by type 5. Octg casing and tubing pipes for the oil and gas market. Octg casing is used to protect the tubing, which runs inside the drilled hole, down to the oil or gas well. Get sample pdf for more professional and technical. Oil country tubular goods octg comprises of a wide range of steel tubular products that are used in oil and gas exploration and production and in particular drilling. High volatility is not only a recent feature of the global stock market, but also the best term for the international oil price. Seamless steel tube and pipe fastmarkets mb research.
1456 1245 1129 1050 580 457 1400 127 1173 975 1221 954 73 972 650 1409 375 253 1597 1586 580 1416 1211 934 764 783 1260 79 1000 579 56 1009 264 427 708 1129 1390