Oil and Gas Pipes Market: Global Industry Analysis and Forecast 2015 - 2021
Persistence Market Research
Oil and Gas Pipes Market: Global Industry
Analysis and Forecast 2015 - 2021
Persistence Market Research
1
Oil and Gas Pipes Market: Global Industry Analysis and Forecast 2015 - 2021
Persistence Market Research Released New Market Report on “Oil and Gas Pipes Market:
Global Industry Analysis and Forecast 2015 - 2021”.
With the intensification in the oil and gas pipeline infrastructure, the demand for pipes is growing
incessantly. Oil and gas pipelines are used for a wide range of applications, such as distribution, line pipe,
and oil country tubular goods (OCTG). Escalating crude oil production in conjunction with growing deep
drilling operations is likely to catalyze the growth of the oil and gas pipelines market.
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On the basis of types, the global oil and gas pipes market is segmented into: Steel pipes, plastic pipes,
and others. Steel pipes, the largest segment of oil and gas pipes, accounted for over 80% of the total
market in 2013. The steel oil and gas pipes market is further segmented into welded, seamless and
fittings pipes. Welded pipes are the largest segment of the steel pipe market and are further categorized
into electric resistance welded (ERW) and longitudinal submerged arc welded pipes. Seamless pipes are
the fastest-growing segment of steel pipes and its market share is projected to surpass that of the welded
pipe segment by the end of 2022.
On the basis of application, the global oil and gas pipes market is segmented into: Oil country tubular
goods (OCTG), line pipes, and distribution. At present, the market is dominated by the line pipe segment
owing to growth in construction of new transmission lines needed to transport oil and gas from drilling
sites to customers. OCTG is the fastest growing application...