The global market for Drill Pipes was estimated at US$1.4 Billion in 2023 and is projected to reach US$1.9 Billion by 2030, growing at a CAGR of 4.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the API Grade Drill Pipes segment, which is expected to reach US$1.3 Billion by 2030 with a CAGR of 3.8%. The Premium Grade Drill Pipes segment is also set to grow at 4.6% CAGR for the next 8-year period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $377.1 Million in 2023, and China, forecasted to grow at an impressive 6.7% CAGR to reach $406.5 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Drill Pipes Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Drill Pipes Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Drill Pipes Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as DP-Master Manufacturing (S) Pte. Ltd., Drill Pipe International, LLC, Hilong Group OF Companies, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 47 Featured):
- DP-Master Manufacturing (S) Pte. Ltd.
- Drill Pipe International, LLC
- Hilong Group OF Companies
- National Oilwell Varco, Inc.
- Oil Country Tubular Limited
- Tejas Tubular Products Inc.
- Tenaris SA
- Texas Steel Conversion Inc.
- TMK Group
- Vallourec SA
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- DP-Master Manufacturing (S) Pte. Ltd.
- Drill Pipe International, LLC
- Hilong Group OF Companies
- National Oilwell Varco, Inc.
- Oil Country Tubular Limited
- Tejas Tubular Products Inc.
- Tenaris SA
- Texas Steel Conversion Inc.
- TMK Group
- Vallourec SA
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 247 |
| Published | January 2025 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 1.4 Billion |
| Forecasted Market Value ( USD | $ 1.9 Billion |
| Compound Annual Growth Rate | 4.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
