Oil Country Tubular Goods Market Analysis by Geography, Grade (API, Premium), Product, Competitive Landscape, Key Company Information - Growth Trends and Forecasts (2015-2020)
The Global Oil Country Tubular Goods Market is projected to witness CAGR of 5.5% from 2014 to 2020.Pipeline and tube products such as drill pipe, tubing and pipe casings that are utilized in the petroleum industry are called oil country tubular goods. They are one of the key components in oil and gas exploration and production segments.
Ever-growing energy demand, increased offshore exploration activity across the globe which often going in to deeper waters, several operators’ efforts to find new oil and gas reserves, and rise in exploration activities in unconventional reserves are driving the market. On the flipside, Eccentric Crude Oil Market, high initial investments, lack of skilled labor, and operational challenges such as harsh weather conditions are restraining the market from growth.
This report exhaustively analyzes the Oil Country Tubular Market by segmenting it based on geography. Estimates in each segment are provided for the next five years. Key drivers and restraints that are affecting the growth of this market were discussed in detail. The study also elucidates on the key market players.
PDF E-mail From Publisher
Multi User License (2-5 Users) Fulfilled by Publisher