Home > Back to Publisher > Report Information

Global OCTG (Oil Country Tubular Goods) Market Report: 2011 Edition

Koncept Analytics
November 1, 2011
37 Pages - SKU: KOAN6685758

Abstract Table of Contents Search inside this report Related Reports

Countries covered: Global

After coal, the discovery of oil and gas was one of the most landmark developments in the history of mankind. Oil and gas not only fulfills the major energy needs of the world but numerous petro products form the backbone of many scientific and industrial developments. Exploration and production of oil and gas increased over the decades. OCTG products being integral component in the exploration and production of oil and gas, their market too has correspondingly grown.

The oil and gas exploration and production activity in the US displays a trend of continuous growth driving the demand for OCTG products in the region. The growth in rig count and expansion of shale drilling regions will bring a paradigm shift in the US energy supply in the years to come. The Russian OCTG market is also experiencing steady growth in the light of recent changes in the oil taxation regime and enhanced drilling activity. Due to the trade actions in the US and Europe, Chinese OCTG exporters have shifted their focus to regions like Indonesia, South America, and the Middle East, among others. This is expected to bring a noticeable growth in the Chinese OCTG market.

The global rig counts have reported a rise both in pre and post economic crisis period, suggesting a positive trend driving the demand of OCTG products. Further, with the ever increasing demand for oil and gas, the growth in the OCTG market is expected to continue to gain strength in the times to come. Also, increasing oil prices and rising capital expenditure by E&P companies will boost the drilling activity resulting in more consumption of OCTG products. However, the industry also faces a challenge in the form of rising steel prices and finite reserves of oil and gas.

With more exploration and production activities being carried out in complex environments and consequent demand for high value, premium products, the competition in the OCTG market has intensified. The current leading players of the market include Tenaris S.A., Vallourec S.A., and Sumitomo Metal Industries Ltd., among others.

The report provides an analysis of the global OCTG market. It discusses major market trends, growth drivers, and challenges faced by OCTG market. The report also presents the competitive structure of the industry and profiles major players in the OCTG market.

By combining SPSS Inc.'s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. 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.

1. Overview: 1.1 Introduction; 1.2 Types of OCTG Products; 1.3 OCTG Manufacturing Process
2. OCTG Market Overview: 2.1 Global Market; 2.2 The US OCTG Market; 2.3 China OCTG Market; 2.4 Russia OCTG Market
3. OCTG - Market Dynamics: 3.1 Key Trends; 3.2 Growth Drivers; 3.3 Challenges
4. Competitive Scenario
5. Company Profiles: 5.1 Tenaris S.A.; 5.2 Sumitomo Metal Industries, Ltd.; 5.3 Vallourec SA; 5.4 OAO TMK
6. Market Outlook: 6.1 Market Forecast; 6.2 Forecast Methodology
List of Charts: Global Seamless OCTG Consumption, 2003-2010; Global Breakdown of OCTG Market: API vs. Premium Products by Region, 2010; Worldwide OCTG Onshore and Offshore Consumption, 2010; Worldwide Premium OCTG Consumption: Onshore & Offshore, 2010; The US OCTG Consumption, Jan08-Apr11; The US Rig Counts vs. Drilling Permits, May10-May11; The US Rigs Count: Oil vs. Gas Stake, 2008-2011; Breakdown of the US Rig Count by Nature of Drilling Operations, 2010; The US OCTG Pipes Inventories, Jan08-Jan11; The US OCTG Imports and China’s Share, Jan08-Jul11; The US OCTG Composite Spot Prices, Jan05-Jan11; China’s Seamless OCTG Production and Consumption, 1999-2013E; China’s OCTG Exports, H108-H111; China’s OCTG Exports by Regions, H111; Russian OCTG Consumption Trend, 2003-2015F; Share of Welded OCTG in the Russian Market, 2003-2010; OCTG Consumption per Meter Drilled in Russia, Q107-Q111; Growth in Russian Oil Production and Capital Expenditure Spending, 2000-2011E; Global Rig Count, 2000-2011E; Global GDP Forecasts, 2006-2013F; Global Oil Demand Forecasts, 2003-2011E; Global Gas Demand, 2009-2010; Worldwide Crude Oil Prices, 2005-2012E; Global Composite Stainless Steel Prices, Sep10-Sep11; Tenaris’ Revenues by Business Segments, 2010; Tenaris’ Revenues and Net Income, 2006-2010; Sumitomo Metal Industries’ Revenues by Business Segments, FY 2010; Sumitomo Metal Industries’ Revenues and Net Income, FY06-FY10; Vallourec’s Revenues by Application, 2010; Vallourec’s Revenues and Net Income, 2006-2010; TMK’s Sales Volume Breakdown by Product Type, 2010; TMK’s Revenues and Net Income, 2006-2010; Global Seamless OCTG Consumption, 2009-2013F; List of Tables; Evolution of Rig Count by Regions, 2007-2010; Dependent & Independent Variables (2003-2010); Correlation Matrix; Model Summary - Coefficient of Determination; Regression Coefficients Output

More Global Petroleum Reports

Crude Oil Industry to 2016 - Deepwater Discoveries Worldwide and Rising Industrial Demand in Emerging Economies Driving the Industry by GBI Research
Crude Oil Industry to 2016 - Deepwater Discoveries Worldwide and Rising Industrial Demand in Emerging Economies Driving the Industry Summary GBI Research, a leading business intelligence provider, ...

Oil and Gas Enhanced Production Services Industry to 2016 - Enhanced Oil Recovery (EOR) Driving E&P Activity in Depleting Hydrocarbon Reservoirs by GBI Research
Oil and Gas Enhanced Production Services Industry to 2016 - Enhanced Oil Recovery (EOR) Driving E&P Activity in Depleting Hydrocarbon Reservoirs Summary GBI Research, a leading business ...

NRG Expert Oil Reserves & Shale Oil Reserves Ed 1 2012 by NRG Smarts Limited
Shale Oil This NRG Expert product provides a full analysis of the shale oil market. While shale gas has re-ceived a lot of column inches, ...

Oil Sands and Heavy Oil Worldwide: Production and Infrastructure Markets by SBI
Dense and viscous, bitumen is counted along with extra-heavy crude oil and heavy crude oil as unconventional crude oil resources that ...

Top 500 Petroleum Refining (Global) by Plimsoll Publishing Ltd.
This report is an in-depth financial evaluation of the GlobalPetroleum Refining. Using the unique Plimsoll method of analysis, each of the top 500 companies included ...

See all reports like this >>

Global OCTG (Oil Country Tubular Goods) Market Report: 2011 Edition

Share this report

Other tasks

Research Assistance

Related Markets

Petroleum Reports

Free Alert Me service