Global OCTG (Oil Country Tubular Goods) Industry : Market Share, Trends, Insight and Application 2017

ResearchMoz presents professional and in-depth study of "Global OCTG (Oil Country Tubular Goods) Market: Industry Analysis & Outlook (2017-2021)".

Oil Country Tubular Goods (OCTG) comprises of a wide range of steel tubular products that are used in Oil and Gas exploration and production and in particular drilling.

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They can be Seamless and Welded Pipes (Electric Resistance Welding (EWR) and come in various sizes and length. The process of manufacturing of seamless and welded pipes and tubes is different with the seamless pipes designed to bear much higher stress. OCTG generally includes three categories of products - drill pipe, casing, and tubing.

The key factors driving the growth of OCTG market are increasing demand for oil & gas, accelerating economic growth, future global energy consumption and demand growth for fossil fuels. A noteworthy trend of this industry is fluctuating global rig count. However, the expansion of the market is hindered by the challenges of drilling with casing for OCTG, depletion of limited oil and gas reserves, falling crude oil prices, environmental issues and the international political and economic instability.

The report “Global OCTG Market” provides an in-depth analysis of the OCTG market on a global scale along with the US and Russia market. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The industry comprises few large players such as Nippon Steel & Sumitomo Metal Corporation, Tenaris S.A, TMK and Vallourec. All these companies have been profiled in the present report highlighting their key financials and business strategies for growth.

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Table of Content

1. OCTG Market - An Overview
1.1 An Introduction
1.2 Types of OCTG Products
1.3 Types of Oil Country Tubular Goods (OCTG) Pipes
1.4 Oil Country Tubular Goods (OCTG) Manufacturing Process

2. Global Market Analysis
2.1 Global OCTG Demand by Volume
2.2 Global OCTG Demand Forecast by Volume
2.3 Global OCTG Demand by Region
2.4 Global OCTG Demand Forecast by Region
2.5 Global Drilling Activity by Region
2.6 Global OCTG Demand – Shales vs. Others
2.7 Global OCTG Demand Forecast – Shales vs. Others
2.8 Global Deep Water OCTG Consumption by Volume
2.9 Global Deep Water OCTG Consumption Forecast by Volume
2.10 Global Seamless OCTG Supply and Demand by Volume
2.11 Global Seamless OCTG Supply and Demand Forecast by Volume

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3. Regional Market Analysis
3.1 The US
3.1.1 The US Rig Count
3.1.2 The US Rig Count Forecast
3.1.3 The US OCTG Consumption by Volume
3.1.4 The US OCTG Consumption by Segment
3.1.5 The US Distributor Welded OCTG vs. HRC Prices
3.1.6 The US Distributor Seamless OCTG vs. Scrap Prices

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Trend of OCTG (Oil Country Tubular Goods) Market in Global Industry : Market Overview, Size, Share and Research 2017

ResearchMoz presents professional and in-depth study of "Global OCTG (Oil Country Tubular Goods) Market Report: 2016 Edition".

The oil country tubular goods (OCTG) sector involves companies whose work is to make steel products to be used while drilling oil and gas wells. These are hollow steel products of circular cross-section used in the oil and gas industry for exploration and production activities.

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OCTG includes generally three categories of products - drill pipe, casing, and tubing. OCTG products can be manufactured as seamless or welded tubes and pipes. The OCTG manufacturers can generally either produce seamless or welded OCTG products and not both, as the capital investment to manufacture seamless OCTG is quite high in comparison to the investment required in manufacturing welded OCTG.

The key factors which are anticipated to drive OCTG market include increasing global demand for oil and gas, economic growth, investment growth in offshore exploration activities and no substitute sources present for the present forms of energy. The industry is facing a decline in demand because of the falling oil prices and the decline in global rig count. The regions undergoing rapid industrialization process in the developed countries like China, India and Gulf nations have shown positive signs but the market will take time to bounce back on a positive note. Some of the significant developments of this industry include fluctuating rig count growth, increasing global E&P spending, and increasing global steel demand. However, the growth of the industry is hindered by the falling crude oil and steel prices, depletion of energy reserves and effect on the environment.

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This report offers a comprehensive analysis of the global OCTG market. Furthermore, market dynamics such as key trends and development; and challenges are analyzed in depth. On the contention front, the global OCTG market is reined by few major players namely, Tenaris S.A., Vallourec, OAO TMK and Nippon Steel and Sumitomo Metal Corporation. The competitive landscape of the respective market, along with the company profiles of the leading players are also discussed in detail.

By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the market. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.

Table of Content

1. Market Overview
1.1 OCTG Market: An Introduction
1.2 Types of Oil Country Tubular Goods (OCTG) Pipes
1.3 Oil Country Tubular Goods (OCTG) Manufacturing Process

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2. OCTG Market Analysis
2.1 Global OCTG Demand
2.2 Global OCTG Demand – Shales vs. Others
2.2.1 Global Deep Water OCTG Consumption
2.2.2 Global Seamless OCTG Market

3. The US OCTG Market
3.1 The US Rig Count
3.2 The US OCTG Consumption
3.3 The US OCTG Consumption by Segment

For More Information Kindly Contact:

ResearchMoz
Mr. Nachiket Ghumare,
90 State Street, Albany NY, United States - 12207
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
Follow us on LinkedIn @ http://bit.ly/1TBmnVG
Follow me on : https://marketinfo247.wordpress.com/