Introduction:

The term "Oil Country Tubular Goods" refers to a group of tubular items, such as drill pipe, casing, line pipe, and tubing, which are loaded under specific conditions depending on their specific application. The American Petroleum Institute grade is extensively used worldwide because to its versatility and safety. The main objective of API is to develop and draught standards for the oil and petroleum industry in order to ensure the dependability and safety of industrial gear. The International Organization for Standardization's requirements are followed by premium items. In onshore and offshore exploration and extraction facilities, tubular goods are commonly employed in the oil industry. With the help of cement or other materials placed between the casings and wellbore, well casing is frequently kept in place. Oil Country Tubular Goods Market accounted for US$ 20.32 billion in 2020 and is estimated to be US$ 36.58 billion by 2030 and is anticipated to register a CAGR of 6.1%.

The development of a nation's economy and civilisation depends heavily on the production of oil and gas. Government and business sector interest in the oil and gas sector has increased due to the growth of offshore oil and gas rigs and the recent development of shale gas applications in the United States. The North Sea's growing offshore exploration activity has now expanded into deeper waters, necessitating more sophisticated equipment, which has fueled the growth of the tubular products industry in the oil-producing nations.                         

The Oil Country Tubular Goods Market is segmented based on product type, metal grades, and region.

On the basis of product type, the Oil Country Tubular Goods Market is segmented into Seamless and Electric Resistance Welding, and Others (Fiber Reinforced Plastic). On the basis of metal grades, the Oil Country Tubular Goods Market is segmented into API and Premium.

Regional Insights:

On basis of region the Oil Country Tubular Goods Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market for tubular goods in oil-producing countries has recently been dominated by North America. Drill pipes, casing, and OTG tubing goods are in high demand right now.

Report Scope:

Attribute	Details
Base year for estimation	2020
Forecast period	2020– 2030
Market representation	Revenue in USD Billion & CAGR from 2020 to 2030
Market Segmentation	By Product Type – Seamless and Electric Resistance Welding, and Others (Fiber Reinforced Plastic). By Metal Grades – API and Premium.
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Oil Country Tubular Goods report based on test, application, and region.

Oil Country Tubular Goods Market, By Product Type:

• Seamless and Electric Resistance Welding
• Others (Fiber Reinforced Plastic)

Oil Country Tubular Goods Market, By Application:

• API
• Premium

Oil Country Tubular Goods Market, By Region:

• North America
  • Middle East & Africa
    • • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Latin America
    • • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Europe
    • • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • • U.S.
    • Canada

The key players operating the Oil Country Tubular Goods Market  Includes Vallourec S.A., Tenaris S.A., Tenergy Equipment and Services Ltd., National oil well Varco, Inc., Arcelor Mittal S.A. Nippon Steel & Sumitomo Metal Corp., and Sumitomo Metal Corporation, Steel Tubular Products, Inc., Tmk Ipsco Enterprise, Inc., and JFE Steel Corp.

• Vallourec S.A.*
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Tenaris S.A.
• Tenergy Equipment and Services Ltd.
• National oil well Varco, Inc.
• Arcelor Mittal S.A
• Nippon Steel & Sumitomo Metal Corp.
• Sumitomo Metal Corporation
• Steel Tubular Products, Inc.
• Tmk Ipsco Enterprise, Inc.
• JFE Steel Corp.

 “*” marked represents similar segmentation in other categories in the respective section

 

Research Objective and Assumption

• Preface
• Research Objectives
• Study Scope
• Years Considered for the study
• Assumptions
• Abbreviations

Research Methodology

• Research data
• Primary Data
  • Primary Interviews
  • Primary Breakdown
  • Key data from Primary Sources
  • Key Thickness Insights
• Secondary Data
  • Major Secondary Sources
  • Secondary Sources
• Market Estimation
• Top-Down Approach
  • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
• Bottom-Up Approach
  • Approach for estimating market share by Bottom-up Analysis (Demand Side)
• Market Breakdown and Data Triangulation
• Research Assumptions

Market Preview

• Executive Summary
• Key Findings—Global Outlook for medical carts Strategies
  • Key Questions this Study will Answer
  • Market Snippet, By Product Type
  • Market Snippet, By Metal Grades
  • Market Snippet, By Region
• Opportunity Map Analysis
• Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

• Market Dynamics
  • Drivers
  • Restrains
  • Market Opportunities
  • Market Trends
• DR Impact Analysis
• PEST Analysis
• Porter’s Five Forces Analysis
• Opportunity Orbit
• Market Investment Feasibility Index
• Macroeconomic Factor Analysis

Market Segmentation, By Product Type, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Seamless and Electric Resistance Welding
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Others (Fiber Reinforced Plastic)
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Metal Grades, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• API
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Premium
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Regional Trends
• North America
  • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Metal Grades, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • U.S.
    • Canada
• Europe
  • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Metal Grades, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • UK
    • France
    • Germany
    • Russia
    • Italy
    • Rest of Europe
• Asia Pacific
  • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Metal Grades, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • India
    • Japan
    • South Korea
    • China
    • Rest of Asia Pacific
• Latin America
  • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Metal Grades, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • Brazil
    • Mexico
    • Rest of Latin America
• Middle East & Africa
  • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Metal Grades, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East

Competitive Landscape

• Heat Map Analysis
• Market Presence and Specificity Analysis

Company Profiles

• Vallourec S.A.,
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Tenaris S.A.,
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Tenergy Equipment and Services Ltd.,
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• National oil well Varco, Inc.,
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Arcelor Mittal S.A. Nippon Steel & Sumitomo Metal Corp.,
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Sumitomo Metal Corporation,
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Steel Tubular Products, Inc.,
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Tmk Ipsco Enterprise, Inc.,
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• JFE Steel Corp.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

The Last Word                                      

• Future Impact
• About Us
• Contact