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Drill Collar Market Report by Type, Application, Design, and Region 2024-2032

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    Report

  • 149 Pages
  • August 2024
  • Region: Global
  • IMARC Group
  • ID: 5995259
The global drill collar market size reached US$ 1.2 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 1.7 Billion by 2032, exhibiting a growth rate (CAGR) of 3.95% during 2023-2032.

Drill collars refer to thick-walled and heavy-duty industrial tubular components that are utilized with the drill string. They are a crucial part of the bottom hole assembly (BHA) used above the drill bit to put weight on it for drilling into the ground. They are manufactured from solid bars of modified alloy steel, non-magnetic nickel-copper alloy, or other premium alloys. The steel bars are drilled from end to end to provide a passage for drilling and completion fluids through the collars. In contrast to the drill pipe, the drill collar is heavier, thick-walled and works as a shock absorber to dampen the vibrations and impact forces caused by drilling.

With the expanding oil and gas exploration activities, there has been a rise in the number of new oil wells, which, in turn, is augmenting the demand for drill collars across the globe. Besides this, the increasing exploration of unconventional resources, like shale gas, along with investments in the onshore oil and gas industry, are also contributing to the market growth.

Furthermore, extensive research and development (R&D) activities to improve the efficiency of drill collars have provided a positive impact on the industry. Moreover, with technological advancements, the leading players are manufacturing spiral drill collars, with grooves machined on the outside surface that prevent the drill string from getting stuck in the hole, while allowing drilling debris and lubricant to pass more freely around the collar.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global drill collar market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, application and design.

Breakup by Type:

  • Standard Steel Drill Collar
  • Non-magnetic Drill Collar

Breakup by Application:

  • Onshore
  • Offshore

Breakup by Design:

  • Spiral
  • Slick
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players American Oilfield Tools, Challenger International, Halliburton Hunting PLC, International Drilling Services Ltd (IDS), National Oilwell Varco (NOV), Schlumberger, Schoeller-Bleckmann, Vallourec, Weatherford International (Superior Energy Services) and Workstrings International.

Key Questions Answered in This Report:

  • How has the global drill collar market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global drill collar market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the design?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global drill collar market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Drill Collar Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Standard Steel Drill Collar
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Non-magnetic Drill Collar
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Onshore
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Offshore
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Design
8.1 Spiral
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Slick
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 American Oilfield Tools
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Challenger International
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Halliburton Hunting PLC
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 International Drilling Services Ltd (IDS)
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 National Oilwell Varco (NOV)
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Schlumberger
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Schoeller-Bleckmann
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.8 Vallourec
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Weatherford International (Superior Energy Services)
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Workstrings International
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
List of Figures
Figure 1: Global: Drill Collar Market: Major Drivers and Challenges
Figure 2: Global: Drill Collar Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Drill Collar Market: Breakup by Type (in %), 2023
Figure 4: Global: Drill Collar Market: Breakup by Application (in %), 2023
Figure 5: Global: Drill Collar Market: Breakup by Design (in %), 2023
Figure 6: Global: Drill Collar Market: Breakup by Region (in %), 2023
Figure 7: Global: Drill Collar Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 8: Global: Drill Collar (Standard Steel Drill Collar) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Drill Collar (Standard Steel Drill Collar) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Drill Collar (Non-magnetic Drill Collar) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Drill Collar (Non-magnetic Drill Collar) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Drill Collar (Onshore Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Drill Collar (Onshore Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Drill Collar (Offshore Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Drill Collar (Offshore Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Drill Collar (Spiral) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Drill Collar (Spiral) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Drill Collar (Slick) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Drill Collar (Slick) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Drill Collar (Other Designs) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Drill Collar (Other Designs) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: North America: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: North America: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: United States: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: United States: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Canada: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Canada: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Asia Pacific: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Asia Pacific: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: China: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: China: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Japan: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Japan: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: India: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: India: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: South Korea: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: South Korea: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Australia: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Australia: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Indonesia: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Indonesia: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Others: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Others: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Europe: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Europe: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Germany: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Germany: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: France: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: France: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: United Kingdom: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: United Kingdom: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Italy: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Italy: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Spain: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Spain: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Russia: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Russia: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Others: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Others: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Latin America: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Latin America: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Brazil: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Brazil: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Mexico: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Mexico: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Others: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Others: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Middle East and Africa: Drill Collar Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Middle East and Africa: Drill Collar Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Global: Drill Collar Industry: SWOT Analysis
Figure 71: Global: Drill Collar Industry: Value Chain Analysis
Figure 72: Global: Drill Collar Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Drill Collar Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Drill Collar Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Drill Collar Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 4: Global: Drill Collar Market Forecast: Breakup by Design (in Million US$), 2024-2032
Table 5: Global: Drill Collar Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Drill Collar Market Structure
Table 7: Global: Drill Collar Market: Key Players

Companies Mentioned

  • American Oilfield Tools
  • Challenger International
  • Halliburton Hunting PLC
  • International Drilling Services Ltd (IDS)
  • National Oilwell Varco (NOV)
  • Schlumberger
  • Schoeller-Bleckmann
  • Vallourec
  • Weatherford International (Superior Energy Services)
  • Workstrings International

Methodology

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Table Information