OCTG is a set of equipment used in the drilling and extraction of on-shore and off-shore oil and gas. OCTG consists of drilling pipes, casing pipes, tubing pipes, and other line pipes used in the production and transportation of oil from wells to refineries. Casing pipes are placed at a wellhead to extract oil during the drilling process. Tubing pipes are inserted in the well after the completion of the drilling process and are used to transport oil and gas from wellbore to the surface. The diameter of a wellbore pipe decreases as it reaches the oil beds.
Analysts forecast the Global OCTG market to grow at a CAGR of 8.1 percent over the period 2014-2019.
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Covered in this Report
This report covers the present scenario and the growth prospects of the Global OCTG market for the period 2015-2019. The report is a detailed study based on geography (the APAC and EMEA regions, and the Americas) and product types (seamless pipes and welded pipes).
Report, the Global OCTG Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global OCTG market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
• Nippon Steel and Sumitomo Metal
• TMK Group
• United States Steel
Other Prominent Vendors
• ACE OCTG
• Benteler International
• Cressman Tubular Products
• Kelly Pipe
• Lone Star Technologies Inc.
• Tubular Services
Key Market Driver
• Growing Oil and Gas Exploration
• For a full, detailed list, view our report
Key Market Challenge
• Lack of Skilled Workforce
• For a full, detailed...