Latest industry research report on: Global Oil Country Tubular Goods Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts.
The oil and gas industry is one of the biggest industries worldwide with over trillions of dollars valuation. Crude oil and natural gas are present in rock formations in the earths crust and occur at various depths from a few feet to more than 40,000 feet. The extraction of these valuable petroleum resources is done by drilling through the surface to reach the depths where these resources are present. The following are the activities involved in the extraction, transportation and processing of the oil and gas resources: Upstream, Midstream, and Downstream.
Technavios analysts forecast the global oil country tubular goods market to grow at a CAGR of 5.20% during the period 2018-2022.
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Covered in this report
The report covers the present scenario and the growth prospects of the global oil country tubular goods market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Oil Country Tubular Goods Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
ArcelorMittal
NIPPON STEEL & SUMITOMO METAL
Tenaris
TMK
United States Steel
VALLOUREC
Market driver
Increase in global rig count
For a full, detailed list, view our report
Market challenge
Decline in investments in the upstream sector
For a full, detailed list, view our report
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Market trend
New oil and gas discoveries
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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