Drill Pipe Market size is expected to reach US$ 12.40 Bn. by 2029, growing at a CAGR of 3.47% during the forecast period.Drill Pipe Market Overview
The Drill pipe specify to a hollow thick-walled pipe, which is used to carry out horizontal drilling for facilitating drilling in a wellbore. A single length drill pipe consists of a hollow tube usually long in height with enough wall thickness along with tool joint connections at the two ends.To know about the Research Methodology :- Request Free Sample Report The growing numbers of depth wells have raised the significance of drill pipe. However, the growth of market is anticipated to be hindered by high capital cost for drilling and stringent regulations for drilling activities. Resisting the growth in the global drill pipe market is the tanking crude oil prices. Customers now have firm bargaining power in negotiating new contracts and extensions too on account of the downward pressure on prices. Drill pipe market is segmented into grade, application, and region. On the basis of grade, American petroleum institute (API) grade drill pipes hold the xx% of market share in global demand and are anticipated to continue their dominance over the forecast period. API grade products are mostly preferred in normal environment, and conventional vessel, owing to the easy availability. The API grade drill pipes are cheaper as compared to the premium grade drill pipes. Premium grade drill pipes are generally suitable for abnormal drilling conditions such as high temperature, high pressure, corrosive environments etc. with the increase in the deep water drilling activities, the market for premium grade drill pipe is anticipated to grow higher rate than API drill pipe. Based on application, onshore applications occupy the xx % of market size but the offshore regions show higher growth rate due to the rise in offshore drilling activity in regions such as Africa and the Middle East. Onshore market is predicted to witness growth on account of increase in rig count coupled with lower operational venture as compared to offshore drilling. In terms of region, North America market will witness strong growth, owing to rise in capital expenditure from independent players across the region. Asia Pacific and Central & South America are anticipated to witness above average growth rates over the next few years. Expected increase in rig activities along with several new field developments including the offshore basins especially in China, Indonesia, Australia and India is anticipated to drive Asia Pacific drill pipes industry growth. The objective of the report is to present comprehensive analysis of Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Drill Pipe Market dynamics, structure by analyzing the market segments, and project the Market size. Clear representation of competitive analysis of key players by Market Type, price, financial position, product portfolio, growth strategies, and regional presence in the Drill Pipe Market make the report investor’s guide.
Drill Pipe Market Scope:Inquire before buying
Drill Pipe Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 9.76 Bn. Forecast Period 2023 to 2029 CAGR: 3.47% Market Size in 2029: US $ 12.40 Bn. Segments Covered: by Grade API Grade Premium Grade by Application Onshore Offshore Drill Pipe Market, by Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key Players
1. Superior Drillpipe Manufacturing Inc. 2. Tenaris Company 3. Drill Pipe International LLC 4. DP Master Manufacturing Pvt Ltd. 5. Shanghai Hilong Drill Pipe Co. Ltd. 6. RK Pipe LLC 7. TPS TECHNITUBE RÖHRENWERKE GmbH 8. Inter drill Asia Ltd. 9. Oil Country Tubular Limited 10. TMK Group 11. Vallourec 12. Texas Steel Conversion 13. Ferrostaal Piping Supply 14. Holly Pipe Corporation 15. E&M Supply Group 16. Hilong Group 17. Jiangyin Long Bright Drill Pipe Manufacturing Co. 18. Premier Drill Products 19. National Oilwell Varco Frequently Asked Questions: 1. Which region has the largest share in Global Drill Pipe Market? Ans: North America region holds the highest share in 2022. 2. What is the growth rate of Global Drill Pipe Market? Ans: The Global Drill Pipe Market is growing at a CAGR of 3.47% during forecasting period 2023-2029. 3. What is scope of the Global Drill Pipe market report? Ans: Global Drill Pipe Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Drill Pipe market? Ans: The important key players in the Global Drill Pipe Market are – Superior Drillpipe Manufacturing Inc., Tenaris Company, Drill Pipe International LLC, DP Master Manufacturing Pvt Ltd., Shanghai Hilong Drill Pipe Co. Ltd., RK Pipe LLC, TPS TECHNITUBE RÖHRENWERKE GmbH, Inter drill Asia Ltd., Oil Country Tubular Limited, TMK Group, Vallourec, Texas Steel Conversion, Ferrostaal Piping Supply, Holly Pipe Corporation, E&M Supply Group, Hilong Group, Jiangyin Long Bright Drill Pipe Manufacturing Co., Premier Drill Products, and National Oilwell Varco 5. What is the study period of this market? Ans: The Global Drill Pipe Market is studied from 2022 to 2029.
Drill Pipe Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 1.4. Key Questions Answered 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations Used 2.3. Research Methodology 3. Executive Summary 3.1. Global Drill Pipe Market Size, by Market Value (US$ Mn) and Market, by Region 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.3. Drivers and Restraints Snapshot Analysis 4.3.1. Drivers 4.3.2. Restraints 4.3.3. Opportunities 4.3.4. Porter’s Analysis 4.3.5. Value Chain Analysis 4.3.6. SWOT Analysis 5. Global Drill Pipe Market Analysis and Forecast 5.1. Global Drill Pipe Market Analysis and Forecast 5.2. Global Drill Pipe Market Size& Y-o-Y Growth Analysis 5.2.1. North America 5.2.2. Europe 5.2.3. Asia Pacific 5.2.4. Middle East & Africa 5.2.5. Latin America 6. Global Drill Pipe Market Analysis and Forecast, by Grade 6.1. Introduction and Definition 6.2. Key Findings 6.3. Global Drill Pipe Market Value Share Analysis, by Grade 6.4. Market Size (US$ Mn) Forecast, by Grade 6.5. Global Drill Pipe Market Analysis, by Grade 6.6. Drill Pipe Market Attractiveness Analysis, by Grade 7. Global Drill Pipe Market Analysis and Forecast, by Application 7.1. Introduction and Definition 7.2. Global Drill Pipe Market Value Share Analysis, by Application 7.3. Market Size (US$ Mn) Forecast, by Application 7.4. Global Drill Pipe Market Analysis, by Application 7.5. Global Drill Pipe Market Attractiveness Analysis, by Application 8. Global Drill Pipe Market Analysis, by Region 8.1. Global Drill Pipe Market Value Share Analysis, by Region 8.2. Market Size (US$ Mn) Forecast, by Region 8.3. Global Drill Pipe Market Attractiveness Analysis, by Region 9. North America Drill Pipe Market Analysis 9.1. Key Findings 9.2. North America Drill Pipe Market Overview 9.3. North America Drill Pipe Market Value Share Analysis, by Grade 9.4. North America Drill Pipe Market Forecast, by Grade 9.4.1. API Grade 9.4.2. Premium Grade 9.5. North America Drill Pipe Market Value Share Analysis, by Application 9.6. North America Drill Pipe Market Forecast, by Application 9.6.1. Onshore 9.6.2. Offshore 9.7. North America Drill Pipe Market Value Share Analysis, by Country 9.8. North America Drill Pipe Market Forecast, by Country 9.8.1.1. U.S., 2022–2029 9.8.1.2. Canada, 2022–2029 9.9. North America Drill Pipe Market Analysis, by Country 9.10. U.S. Drill Pipe Market Forecast, by Grade 9.10.1. API Grade 9.10.2. Premium Grade 9.11. U.S. Drill Pipe Market Forecast, by Application 9.11.1. Onshore 9.11.2. Offshore 9.12. Canada Drill Pipe Market Forecast, by Grade 9.12.1. API Grade 9.12.2. Premium Grade 9.13. Canada Drill Pipe Market Forecast, by Application 9.13.1. Onshore 9.13.2. Offshore 9.14. North America Drill Pipe Market Attractiveness Analysis 9.14.1. By Grade 9.14.2. By Application 9.15. PEST Analysis 10. Europe Drill Pipe Market Analysis 10.1. Key Findings 10.2. Europe Drill Pipe Market Overview 10.3. Europe Drill Pipe Market Value Share Analysis, by Grade 10.4. Europe Drill Pipe Market Forecast, by Grade 10.4.1. API Grade 10.4.2. Premium Grade 10.5. Europe Drill Pipe Market Value Share Analysis, by Application 10.6. Europe Drill Pipe Market Forecast, by Application 10.6.1. Onshore 10.6.2. Offshore 10.7. Europe Drill Pipe Market Value Share Analysis, by Country 10.8. Europe Drill Pipe Market Forecast, by Country 10.8.1.1. Germany 10.8.1.2. U.K. 10.8.1.3. France 10.8.1.4. Italy 10.8.1.5. Spain 10.8.1.6. Rest of Europe 10.9. Europe Drill Pipe Market Analysis, by Country/ Sub-region 10.10. Germany Drill Pipe Market Forecast, by Grade 10.10.1. API Grade 10.10.2. Premium Grade 10.11. Germany Drill Pipe Market Forecast, by Application 10.11.1. Onshore 10.11.2. Offshore 10.12. U.K. Drill Pipe Market Forecast, by Grade 10.12.1. API Grade 10.12.2. Premium Grade 10.13. U.K. Drill Pipe Market Forecast, by Application 10.13.1. Onshore 10.13.2. Offshore 10.14. France Drill Pipe Market Forecast, by Grade 10.14.1. API Grade 10.14.2. Premium Grade 10.15. France Drill Pipe Market Forecast, by Application 10.15.1. Onshore 10.15.2. Offshore 10.16. Italy Drill Pipe Market Forecast, by Grade 10.16.1. API Grade 10.16.2. Premium Grade 10.17. Italy Drill Pipe Market Forecast, by Application 10.17.1. Onshore 10.17.2. Offshore 10.18. Spain Drill Pipe Market Forecast, by Grade 10.18.1. API Grade 10.18.2. Premium Grade 10.19. Spain Drill Pipe Market Forecast, by Application 10.19.1. Onshore 10.19.2. Offshore 10.20. Rest of Europe Drill Pipe Market Forecast, by Grade 10.20.1. API Grade 10.20.2. Premium Grade 10.21. Rest of Europe Drill Pipe Market Forecast, by Application 10.21.1. Onshore 10.21.2. Offshore 10.22. Europe Drill Pipe Market Attractiveness Analysis 10.22.1. By Grade 10.22.2. By Application 10.23. PEST Analysis 11. Asia Pacific Drill Pipe Market Analysis 11.1. Key Findings 11.2. Asia Pacific Drill Pipe Market Overview 11.3. Asia Pacific Drill Pipe Market Value Share Analysis, by Grade 11.4. Asia Pacific Drill Pipe Market Forecast, by Grade 11.4.1. API Grade 11.4.2. Premium Grade 11.5. Asia Pacific Drill Pipe Market Value Share Analysis, by Application 11.6. Asia Pacific Drill Pipe Market Forecast, by Application 11.6.1. Onshore 11.6.2. Offshore 11.7. Asia Pacific Drill Pipe Market Value Share Analysis, by Country 11.8. Asia Pacific Drill Pipe Market Forecast, by Country 11.8.1. China, 2022–2029 11.8.2. India, 2022–2029 11.8.3. Japan, 2022–2029 11.8.4. ASEAN, 2022–2029 11.8.5. Rest of Asia Pacific, 2022–2029 11.9. Asia Pacific Drill Pipe Market Analysis, by Country/ Sub-region 11.10. China Drill Pipe Market Forecast, by Grade 11.10.1. API Grade 11.10.2. Premium Grade 11.11. China Drill Pipe Market Forecast, by Application 11.11.1. Onshore 11.11.2. Offshore 11.12. India Drill Pipe Market Forecast, by Grade 11.12.1. API Grade 11.12.2. Premium Grade 11.13. India Drill Pipe Market Forecast, by Application 11.13.1. Onshore 11.13.2. Offshore 11.14. Japan Drill Pipe Market Forecast, by Grade 11.14.1. API Grade 11.14.2. Premium Grade 11.15. Japan Drill Pipe Market Forecast, by Application 11.15.1. Onshore 11.15.2. Offshore 11.16. ASEAN Drill Pipe Market Forecast, by Grade 11.16.1. API Grade 11.16.2. Premium Grade 11.17. ASEAN Drill Pipe Market Forecast, by Application 11.17.1. Onshore 11.17.2. Offshore 11.18. Rest of Asia Pacific Drill Pipe Market Forecast, by Grade 11.18.1. API Grade 11.18.2. Premium Grade 11.19. Rest of Asia Pacific Drill Pipe Market Forecast, by Application 11.19.1. Onshore 11.19.2. Offshore 11.20. Asia Pacific Drill Pipe Market Attractiveness Analysis 11.20.1. By Grade 11.20.2. By Application 11.21. PEST Analysis 12. Middle East & Africa Drill Pipe Market Analysis 12.1. Key Findings 12.2. Middle East & Africa Drill Pipe Market Overview 12.3. Middle East & Africa Drill Pipe Market Value Share Analysis, by Grade 12.4. Middle East & Africa Drill Pipe Market Forecast, by Grade 12.4.1. API Grade 12.4.2. Premium Grade 12.5. Middle East & Africa Drill Pipe Market Value Share Analysis, by Application 12.6. Middle East & Africa Drill Pipe Market Forecast, by Application 12.6.1. Onshore 12.6.2. Offshore 12.7. Middle East & Africa Drill Pipe Market Value Share Analysis, by Country 12.8. Middle East & Africa Drill Pipe Market Forecast, by Country 12.8.1. GCC, 2022–2029 12.8.2. South Africa, 2022–2029 12.8.3. Rest of Middle East & Africa, 2022–2029 12.9. Middle East & Africa Drill Pipe Market Analysis, by Country/ Sub-region 12.10. GCC Drill Pipe Market Forecast, by Grade 12.10.1. API Grade 12.10.2. Premium Grade 12.11. GCC Drill Pipe Market Forecast, by Application 12.11.1. Onshore 12.11.2. Offshore 12.12. South Africa Drill Pipe Market Forecast, by Grade 12.12.1. API Grade 12.12.2. Premium Grade 12.13. South Africa Drill Pipe Market Forecast, by Application 12.13.1. Onshore 12.13.2. Offshore 12.14. Rest of Middle East & Africa Drill Pipe Market Forecast, by Grade 12.14.1. API Grade 12.14.2. Premium Grade 12.15. Rest of Middle East & Africa Drill Pipe Market Forecast, by Application 12.15.1. Onshore 12.15.2. Offshore 12.16. Middle East & Africa Drill Pipe Market Attractiveness Analysis 12.16.1. By Grade 12.16.2. By Application 12.17. PEST Analysis 13. Latin America Drill Pipe Market Analysis 13.1. Key Findings 13.2. Latin America Drill Pipe Market Overview 13.3. Latin America Drill Pipe Market Value Share Analysis, by Grade 13.4. Latin America Drill Pipe Market Forecast, by Grade 13.4.1. API Grade 13.4.2. Premium Grade 13.5. Latin America Drill Pipe Market Value Share Analysis, by Application 13.6. Latin America Drill Pipe Market Forecast, by Application 13.6.1. Onshore 13.6.2. Offshore 13.7. Latin America Drill Pipe Market Value Share Analysis, by Country 13.8. Latin America Drill Pipe Market Forecast, by Country 13.8.1.1. Brazil, 2022–2029 13.8.1.2. Mexico, 2022–2029 13.8.1.3. Rest of Latin America, 2022–2029 13.9. Latin America Drill Pipe Market Analysis, by Country/ Sub-region 13.10. Brazil Drill Pipe Market Forecast, by Grade 13.10.1. API Grade 13.10.2. Premium Grade 13.11. Brazil Drill Pipe Market Forecast, by Application 13.11.1. Onshore 13.11.2. Offshore 13.12. Mexico Drill Pipe Market Forecast, by Grade 13.12.1. API Grade 13.12.2. Premium Grade 13.13. Mexico Drill Pipe Market Forecast, by Application 13.13.1. Onshore 13.13.2. Offshore 13.14. Rest of Latin America Drill Pipe Market Forecast, by Grade 13.14.1. API Grade 13.14.2. Premium Grade 13.15. Rest of Latin America Drill Pipe Market Forecast, by Application 13.15.1. Onshore 13.15.2. Offshore 13.16. Latin America Drill Pipe Market Attractiveness Analysis 13.16.1. By Grade 13.16.2. By Application 13.17. PEST Analysis 14. Company Profiles 14.1. Market Share Analysis, by Company 14.2. Competition Matrix 14.3. Company Profiles: Key Players 14.3.1. Superior Drillpipe Manufacturing Inc. 14.3.1.1. Company Overview 14.3.1.2. Financial Overview 14.3.1.3. Business Strategy 14.3.1.4. Recent Developments 14.3.1.5. Manufacturing Footprint 14.3.2. Tenaris Company 14.3.3. Drill Pipe International LLC 14.3.4. DP Master Manufacturing Pvt Ltd. 14.3.5. Shanghai Hilong Drill Pipe Co. Ltd. 14.3.6. RK Pipe LLC 14.3.7. TPS TECHNITUBE RÖHRENWERKE GmbH 14.3.8. Inter drill Asia Ltd. 14.3.9. Oil Country Tubular Limited 14.3.10. TMK Group 14.3.11. Vallourec 14.3.12. Texas Steel Conversion 14.3.13. Ferrostaal Piping Supply 14.3.14. Holly Pipe Corporation 14.3.15. E&M Supply Group 14.3.16. Hilong Group 14.3.17. Jiangyin Long Bright Drill Pipe Manufacturing Co. 14.3.18. Premier Drill Products 14.3.19. National Oilwell Varco 15. Primary Key Insights