Sep 8 2014
The drill pipe market is segmented in six regions, namely North America, Europe, Latin America, Middle East, Asia-Pacific, and Africa. The drill pipe market is further segmented on the basis of major countries in each region.
North America had the largest share in the global drill pipe market in 2013. In North America, U.S. is the largest market which will continue to influence the drill pipe industry. Within Europe, Russia is the leading player due to exploration and production activities in abundant oil & gas reserves. Mexico is the largest market for drill pipe in Latin America due to the large oil& gas resources. Within Asia-Pacific, the largest market share is occupied by China due to the recent developments in the shale gas production.
The report also touches on various other important aspects of the market. It includes an analysis of the value chain, the competitive landscape of the drill pipe market, along with drivers, restraints, and opportunities.
Complete report is available at http://www.rnrmarketresearch.com/drill-pipe-market-by-grade-api-premium-application-onshore-offshore-geography-global-trends-forecasts-to-2019-market-report.html.
Drill pipes are required for drilling activities in order to transmit the torque generated by the rotary table to the drill bit, and also to provide a conduit for the drilling fluids to travel between the surface and the bottom hole. The increasing shale gas exploration and production activities along with deepwater and ultra-deepwater drilling across the globe are the key drivers for the growth of the drill pipe market. With the growing energy demand and proven domestic oil & gas reserves, many countries are now increasing their exploration & production activities. Collectively, these developments will result in the market witnessing a higher growth rate in the demand for drill pipes.
Companies profiled in drill pipe market research include DP Master (China), Hilong Group (China), Jiangyin Long-Bright Drill Pipe Manufacture Co. Ltd. (China), National Oilwell Varco (U.S.), Oil Country Tubular Ltd. (India), Tejas Tubular (U.S.), Tenaris (Luxembourg), Texas Steel Conversion, Inc. (U.S.), TMK Group (Russia), and Vallourec (France). Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=209340 .
Table of Contents for Drill Pipe Market by Grade (API, Premium), Application (Onshore, Offshore), & Geography – Global Trends & Forecasts to 2019 research report include:
1 Introduction
2 Executive Summary
3 Market Overview
4 Drill Pipe Market, By Grade
5 Drill Pipe Market, By Application
6 Drill Pipe Market, By Geography
7 Competitive Landscape
8 Company Profiles
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