Octg market to see huge growth by 2025 nippon steel. Prevailing conditions the north american and mena regions remain the strongest markets for octg but competition in these markets continues to weigh on prices 0 50 100 150 200 250 nov 10 mar 11 jul 11 nov 11 mar 12 jul 12 nov 12 mar jul nov row turkey latin america other asia south korea us erw octg imports 000t. Moving from a highlevel view of the industry to the octg market in particular, the past several years have seen advancements in drilling techniques and equipment that have affected dramatically the amount of pipe buried by a drilling rig. 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 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. Steady rise in oil and gas exploration and production activities in north america is anticipated to be a major growth driver for this market in the upcoming decade. A yearlong subscription includes 12 monthly issues in pdf format. Feb 17, 2020 the post global oil country tubular goods octg market analysis by technology trends, high demand, growth, topcompanies, business opportunities, regional outlook and forecast till 2023 appeared.
Jan 08, 2019 oil and country tubular goods are production and exploration activities on offshore as well as onshore reserves. The global oil country tubular goods octg market report studies this market for the years 2019 to 2024. The trend is set to continue with the current surge in offshore activities and shale reserve exploratory activities. Octg spot market price report our flagship report covering current monthly spot pricing trends for 38 of the most popular sizes of tubing, production casing and surface casing. The global oil country tubular goods octg market report studies. Jun 11, 2019 the global oil country tubular goods octg market report studies this market for the years 2019 to 2024. The key market factors report is a concise presentation of the drivers to the octg industry with shipments, imports, active rigs, wells drilled and other critical factors to octg pricing. The global oil country tubular goods octg market size is set to reach usd 31. The post global oil country tubular goods octg market analysis by technology trends, high demand, growth, topcompanies, business opportunities, regional outlook and forecast till. Octg manufacture and octg market outlook what is octg.
A strategic market outlook for the middle east steel industry. Global oil country tubular goods octg market 2019 by pipe. Jun 16, 2019 oil country tubular goods octg market overview. Global octg oil country tubular goods market 2020 tpco. Development is a prime concern in countries all across the world and to develop one requires energy.
A detailed study accumulated to offer latest insights about acute features of the octg market. Oil and country tubular goods are production and exploration activities on offshore as well as onshore reserves. High volatility is not only a recent feature of the global stock market, but also the best term for the international oil price. Latest study on industrial growth of global octg market 20192025. Outlook strong for octg market, but with some bumps along the. The five year outlook for the global octg market this study provides independent by country and regional analysis of octg market trends, and a mediumterm forecast for supply, demand and pricing including the following. A strategic market outlook for the middle east steel industry out to 2020. Global octg oil country tubular goods market analysis by region north america, europe, asia pacific, and middle east and africa, by application seamless steel tube used in oil well casing and tubing, down into the well, which is then used as a fluid or liquid injection pipe, oil and gas industry in oxygen, water, oil pipeline, oil well drilling and, by type casing, tubing, line pipe. Europe and africa will also develop with a decent cagr. Oil country tubular goods market size, key players.
Oil country tubular goods octg market revenue details,key. The figure below discusses the oil country tubular goods market share, based on regions, as of 20. Oil country tubular goods octg market revenue details. The products can also be segmented on the basis of pressure, loads and overall utilization time in a day. An annual subscription also includes the spot market price report, a monthly data file. Octg can be produced as seamless or welded tubes and pipes. It takes into account the historic data and forecasts the growth trend, market size along with the elaborate data on all the vital statistics of the market. 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. Octg heat treatment, threading, coupling and premium. Global octg market outlook to 2018 rising level of. An annual subscription also includes the spot market price report, a monthly data file of octg spot prices, and the octg dashboard report. I have read your trackers, this is really good stuff. When market analysis is important, this report has you covered analyzing the metrics of the octg industry to report on the status and outlook for supply, demand and pricing. Most of octg is seamless pipes, but welded pipes are also accounted for considerable proportion.
The octg situation report is the leading authority for intelligence on the north american upstream oil country tubular goods market. Oil country tubular goods market size octg industry report. Outlook for the large od linepipe market metal bulletin. Mar 23, 2020 production tubing octg market trends, size, shares, growth, top companies, development, application, importance, overview with detailed analysis, production, supply, revenue, regional outlook, status, competitive landscape, future forecast, type and enduser, opportunity, demand, historical data, business insights, research methodology and many more production tubing octg research. Market adjustments cloud outlook for octg demand through. Get sample pdf for more professional and technical insights at. Octg market research report global forecast to 2023 mrfr. The global oil country tubular goods octg market size was valued at usd 17. The demand for octg is driven by high exploration and production activities, growth in the proven shale reserves, and escalating investments from the oil and gas operators. Oil country tubular goods octg are hollow steel products of circular crosssection used in the oil and gas industry for exploration and production activities. The marketwatch news department was not involved in the creation of the content. Energy consumption in other parts of the world less affected by the. The global oil country tubular goods octg market is anticipated to witness strong growth over the forecast period owing to increasing drilling and production activities. Global oil country tubular goods octg market analysis by.
Global oil country tubular goods octg market by product type api standard octg, nonapi standard octg and by endusersapplication oil field, gas field global market share, forecast data, indepth analysis, and detailed overview, and forecast, 20 2026. Oct 26, 2016 an outlook for the global largediameter linepipe market recorded. Oil country tubular goods market report categories the. Oil country tubular goods octg market in indonesia 20192023. Dec 07, 2018 oil country tubular goods octg market forecast 20192029. Rising demand for premium pipes coupled with the advent of technologically advanced pipes. Oil country tubular goods octg market revenue details,key developments, footprint and forecast 20202029. Global oil country tubular goods octg market by product. Production tubing octg market trends, size, shares, growth, top companies, development, application, importance, overview with detailed analysis, production, supply, revenue, regional outlook, status, competitive landscape, future forecast, type and enduser, opportunity, demand, historical data, business insights, research methodology and many more production. 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. Octg market 2019 analysis and outlook, demand, industry.
Oil country tubular goods octg market in indonesia 2019. The global oil country tubular goods market is anticipated to witness strong growth over the forecast period owing to increasing drilling and production activities. New york, march 9, 2015 prnewswire executive summary the report titled global octg market outlook to 2018 rising level of deepwater exploration to stimulate market growth, presents a. Dublinbusiness wireresearch and markets has announced the addition of the global octg oil country tubular goods market. 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. Louisvery quickly into the economic recovery, the oil country tubular goods market drew significant interest because of its speedy return to strong growth rates.
The report unravels several factors that contribute to the growth of the market for oil country tubular goods octg. The key factors driving the octg market is the increasing global demand for oil and gas, growth in crude oil prices, economic growth and lack of alternative sources of energy. Oil country tubular goods octg market forecast 20192029. A strategic market outlook for the middle east steel. Oil country tubular goods market in indonesia 20192023 the analyst recognizes the following companies as the key players in the oil country tubular goods octg market in indonesia. Global oil country tubular goods octg market 2019 by pipe type, manufacturing process, grade. Oil country tubular goods market size octg industry. Forecasts by submarket, grade api, premium, application onshore, offshore and type, by leading countries with analysis of the leading companies in the industry. 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 gauging the fitness of the industry by measuring demand for octg throughout the entire supply chain across the. What is octg and global octg market outlook what is the meaning of octg. Oil country tubular goods market size, key players analysis. Mar 23, 2020 the marketwatch news department was not involved in the creation of the content.
Press release octg market 2019 analysis and outlook, demand, industry size, future trends and industry growth research report 2025 published. Global octg oil country tubular goods market report 20. An outlook for the global largediameter linepipe market recorded. Growing drilling activity and octg market demand in russia. Global oil country tubular goods market industry analysis. The report contains different market predictions related to market size, revenue, production, cagr, consumption, gross margin, price, and other substantial factors.
Octg heat treatment, threading, coupling and premium connection sectors. Forecasts by submarket, grade api, premium, application onshore, offshore and type, by leading countries with analysis of the leading companies in the industry oil country tubular goods global market outlook 20172026. Our global octg intelligence service provides you with unrivaled coverage of the market, equipping you with valuable data, insights and forecasts. Appropriate selection of octg during drilling activities helps save overall cost and reduce the chances of causing hazards. Outlook strong for octg market, but with some bumps along. Mar 31, 2017 global octglinepipe market opportunities 1.
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