Oil and Gas Tubular Goods Market: Fuelling the Energy Industry’s Infrastructure

Oil and Gas Tubular Goods Market size is expected to reach nearly US$ 36.05 Bn. by 2029 with the CAGR of 6.94% during the forecast period.

Oil and Gas Tubular Goods Market Overview

The global market intelligence firm Maximize Market research has published new Oil and Gas Tubular Goods Market report that indicates the fruitful growth in the Oil and Gas Tubular Goods market in the forecast period by 2029. The Maximize Market Research have customers globally and has served in than more 34 countries and 600 clients since 2017. The report highlights the common subjects with unique data base which is analysed by industry experts.

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Oil and Gas Tubular Goods Market Report Scope and Research Methodology

The Oil and Gas Tubular Goods market report provides us and in-depth analysis of the key trends, dynamics and other issues. The key findings of the report comprises of the market sizing, its segmentation and competitive analysis of the industry. It covers the key insights of the market with a detailed regional, demand and competitor analysis. Key players and new entrants of the market are also analysed while researching to draw a competitive landscape. Several factors like revenue generated, production capacity, and products differentiation are taken into consideration while researching. Segment wise analysis of the industry is conducted to understand the behaviour and geographic changes of the industry. SWOT analysis was conducted to provide the strengths, weakness, opportunities and upcoming threats over the market. Porter’s five forces analysis helps one drive deeper into the industry to tweak strategies according to market and current market scenario to increase profit margins and a step ahead of the competitors in the market. PESTLE was employed to understand the actual potential impact of the external factors affecting the Oil and Gas Tubular Goods market. Thus the report provides a detailed overview of the Oil and Gas Tubular Goods market.

Oil and Gas Tubular Goods Market Segmentation

by Grade

API
Premium

Over the course of the projection period, the premium-grade sector is anticipated to expand at a CAGR. The application of the offshore and onshore sectors is increasing the need for the premium grade. It is frequently utilised in horizontal wells, high pressure, and temperature wells, as well as gas wells. Additionally, it is anticipated that a rise in the number of offshore drilling rigs and deep-water exploration in inhospitable locations would raise the demand for drilling equipment of the highest calibre. Additionally, it is anticipated that the widespread development of current offshore wells in deep and ultra-deep waters, notably in the Gulf of Mexico, Persian Gulf, North Sea, and South China Sea, would accelerate the use of high-end machinery.

by Product

Seamless
Electric Resistance Welded
by Application Onshore
Offshore

The seamless market segment is anticipated to contribute to the global market for oil and gas tubular goods. Because of its robust characteristics, Seamless OCTG are frequently chosen for oil and gas E&P activities in challenging situations. Due to its superior mechanical qualities, such as its high tensile strength, its use in high-pressure drilling conditions is anticipated to rise. Additionally, because seamless pipes are lighter and thinner, they have a more consistent shape, which is anticipated to fuel market expansion.

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Oil and Gas Tubular Goods Market Regional Analysis

The study of the market by segmenting it into specific regions provides the main objective market and evaluates the strategies for growth used by keys competitors in the specific regions. It provides identification of regional market trends, restrictions and development areas and new opportunities of the market. The report assists in planning and implementing the new strategies which are suitable and appropriately applicable according to specific countries and regions in the market.

Oil and Gas Tubular Goods Market Key Players

1. Tenaris
2. Vallourec
3. TMK Group
4. Unite States Steel Corporation
5. Nippon Steel and Sumitomo Metal Corporation
6. National Oilwell Varco
7. SPIE Oil and Gas Services
8. Hunting Energy Services
9. Key Pipe Co.LLC
10. Argus Machine Co. Ltd
12. Benteler International AG
13. MRC Global Inc.
14. ACE
15. O.C.T.G. Ltd.
16. Centric Pipe, LLC
17. U.S Steel Tubular Products
18. Sandvik AB

Table of content for the Oil and Gas Tubular Goods Market includes:

1. Global Oil and Gas Tubular Goods Market: Research Methodology

2. Global Oil and Gas Tubular Goods Market: Executive Summary

2.1 Market Overview and Definitions
2.1.1. Introduction to Global Oil and Gas Tubular Goods Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry

3. Global Oil and Gas Tubular Goods Market: Competitive Analysis

3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 M&A by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.10 PESTLE
3.11 Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12 COVID-19 Impact

4. Global Oil and Gas Tubular Goods Market Segmentation

4.1 Global Oil and Gas Tubular Goods Market, by Grade (2022-2029)
• API
• Premium
4.2 Global Oil and Gas Tubular Goods Market, by Product (2022-2029)
• Seamless
• Electric Resistance Welded
4.3 Global Oil and Gas Tubular Goods Market, by Application (2022-2029)
• Onshore
• Offshore

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Key Questions answered in the Oil and Gas Tubular Goods Market Report are:

• What factors are affecting the Oil and Gas Tubular Goods market growth?
• Who are the key players of the Oil and Gas Tubular Goods market?
• Which company held the largest share in the Oil and Gas Tubular Goods market?
• What will be the CAGR of the Oil and Gas Tubular Goods market during the forecast period?
• What key trends are likely to emerge in the Oil and Gas Tubular Goods market in the coming years?

Key offerings:

• Market Share, Size, and Forecast by Revenue|2022-2029
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key
• trends
• Market Segmentation: A detailed analysis by Oil and Gas Tubular Goods
• Landscape- Leading key players and other prominent key players.

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