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Global OCTG Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Aug 01, 2025
Length 173 Pages
SKU # BOSS20300963

Description

Report Overview

The oil country tubular goods (OCTG) market consists of steel pipes used in drilling, completion, and production applications in the oil and gas industry, including casing, tubing, and drill pipes. These products must withstand extreme pressures, corrosive environments, and mechanical stress, requiring high-quality materials and precise manufacturing standards. The market is driven by upstream oil and gas activities, particularly in shale and offshore drilling, with demand closely tied to global energy prices and exploration investments. Geopolitical factors, regulatory policies, and technological advancements in extraction methods also influence market dynamics. Key players include major steel manufacturers and specialized pipe producers, with competition intensifying due to fluctuating raw material costs and regional trade policies. Sustainability trends and the shift toward renewable energy may impact long-term demand, though OCTG remains critical for hydrocarbon production in the near to medium term.

The global OCTG market size was estimated at USD 46604.42 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 5.66% during the forecast period.

This report provides a deep insight into the global OCTG market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global OCTG Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the OCTG market in any manner.

Global OCTG Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Tenaris

Vallourec

TMK Group

TPCO

Nippon Steel and Sumitomo Metal

U. S. Steel Tubular Products

ArcelorMittal

SANDVIK

Zekelman Industries

SB international Inc

Continental Alloys and Services

Baosteel

Changbao

Hengyang Valin Steel Tube

JFE

Interpipe

Voestalpine

Evraz

JESCO

Jindal Saw

Maharashtra

SeAH Steel

Nexteel

Hyundai Hysco

Market Segmentation (by Type)

Casing

Tubing

Others

Market Segmentation (by Application)

Onshore

Offshore

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the OCTG Market

Overview of the regional outlook of the OCTG Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the OCTG Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of OCTG, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

173 Pages
1 Research Methodology And Statistical Scope
1.1 Market Definition And Statistical Scope Of Octg
1.2 Key Market Segments
1.2.1 Octg Segment By Type
1.2.2 Octg Segment By Application
1.3 Methodology & Sources Of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown And Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Octg Market Overview
2.1 Global Market Overview
2.1.1 Global Octg Market Size (M Usd) Estimates And Forecasts (2020-2033)
2.1.2 Global Octg Sales Estimates And Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size By Region
3 Octg Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Octg Product Life Cycle
3.3 Global Octg Sales By Manufacturers (2020-2025)
3.4 Global Octg Revenue Market Share By Manufacturers (2020-2025)
3.5 Octg Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
3.6 Global Octg Average Price By Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, And Product Types
3.8 Octg Market Competitive Situation And Trends
3.8.1 Octg Market Concentration Rate
3.8.2 Global 5 And 10 Largest Octg Players Market Share By Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Octg Industry Chain Analysis
4.1 Octg Industry Chain Analysis
4.2 Market Overview Of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development And Dynamics Of Octg Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 Pest Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Octg Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions And Their Impacts To Octg Market
5.7 Esg Ratings Of Leading Companies
6 Octg Market Segmentation By Type
6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
6.2 Global Octg Sales Market Share By Type (2020-2025)
6.3 Global Octg Market Size Market Share By Type (2020-2025)
6.4 Global Octg Price By Type (2020-2025)
7 Octg Market Segmentation By Application
7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
7.2 Global Octg Market Sales By Application (2020-2025)
7.3 Global Octg Market Size (M Usd) By Application (2020-2025)
7.4 Global Octg Sales Growth Rate By Application (2020-2025)
8 Octg Market Sales By Region
8.1 Global Octg Sales By Region
8.1.1 Global Octg Sales By Region
8.1.2 Global Octg Sales Market Share By Region
8.2 Global Octg Market Size By Region
8.2.1 Global Octg Market Size By Region
8.2.2 Global Octg Market Size Market Share By Region
8.3 North America
8.3.1 North America Octg Sales By Country
8.3.2 North America Octg Market Size By Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Octg Sales By Country
8.4.2 Europe Octg Market Size By Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Octg Sales By Region
8.5.2 Asia Pacific Octg Market Size By Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Octg Sales By Country
8.6.2 South America Octg Market Size By Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East And Africa
8.7.1 Middle East And Africa Octg Sales By Region
8.7.2 Middle East And Africa Octg Market Size By Region
8.7.3 Saudi Arabia Market Overview
8.7.4 Uae Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Octg Market Production By Region
9.1 Global Production Of Octg By Region(2020-2025)
9.2 Global Octg Revenue Market Share By Region (2020-2025)
9.3 Global Octg Production, Revenue, Price And Gross Margin (2020-2025)
9.4 North America Octg Production
9.4.1 North America Octg Production Growth Rate (2020-2025)
9.4.2 North America Octg Production, Revenue, Price And Gross Margin (2020-2025)
9.5 Europe Octg Production
9.5.1 Europe Octg Production Growth Rate (2020-2025)
9.5.2 Europe Octg Production, Revenue, Price And Gross Margin (2020-2025)
9.6 Japan Octg Production (2020-2025)
9.6.1 Japan Octg Production Growth Rate (2020-2025)
9.6.2 Japan Octg Production, Revenue, Price And Gross Margin (2020-2025)
9.7 China Octg Production (2020-2025)
9.7.1 China Octg Production Growth Rate (2020-2025)
9.7.2 China Octg Production, Revenue, Price And Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Tenaris
10.1.1 Tenaris Basic Information
10.1.2 Tenaris Octg Product Overview
10.1.3 Tenaris Octg Product Market Performance
10.1.4 Tenaris Business Overview
10.1.5 Tenaris Swot Analysis
10.1.6 Tenaris Recent Developments
10.2 Vallourec
10.2.1 Vallourec Basic Information
10.2.2 Vallourec Octg Product Overview
10.2.3 Vallourec Octg Product Market Performance
10.2.4 Vallourec Business Overview
10.2.5 Vallourec Swot Analysis
10.2.6 Vallourec Recent Developments
10.3 Tmk Group
10.3.1 Tmk Group Basic Information
10.3.2 Tmk Group Octg Product Overview
10.3.3 Tmk Group Octg Product Market Performance
10.3.4 Tmk Group Business Overview
10.3.5 Tmk Group Swot Analysis
10.3.6 Tmk Group Recent Developments
10.4 Tpco
10.4.1 Tpco Basic Information
10.4.2 Tpco Octg Product Overview
10.4.3 Tpco Octg Product Market Performance
10.4.4 Tpco Business Overview
10.4.5 Tpco Recent Developments
10.5 Nippon Steel And Sumitomo Metal
10.5.1 Nippon Steel And Sumitomo Metal Basic Information
10.5.2 Nippon Steel And Sumitomo Metal Octg Product Overview
10.5.3 Nippon Steel And Sumitomo Metal Octg Product Market Performance
10.5.4 Nippon Steel And Sumitomo Metal Business Overview
10.5.5 Nippon Steel And Sumitomo Metal Recent Developments
10.6 U. S. Steel Tubular Products
10.6.1 U. S. Steel Tubular Products Basic Information
10.6.2 U. S. Steel Tubular Products Octg Product Overview
10.6.3 U. S. Steel Tubular Products Octg Product Market Performance
10.6.4 U. S. Steel Tubular Products Business Overview
10.6.5 U. S. Steel Tubular Products Recent Developments
10.7 Arcelormittal
10.7.1 Arcelormittal Basic Information
10.7.2 Arcelormittal Octg Product Overview
10.7.3 Arcelormittal Octg Product Market Performance
10.7.4 Arcelormittal Business Overview
10.7.5 Arcelormittal Recent Developments
10.8 Sandvik
10.8.1 Sandvik Basic Information
10.8.2 Sandvik Octg Product Overview
10.8.3 Sandvik Octg Product Market Performance
10.8.4 Sandvik Business Overview
10.8.5 Sandvik Recent Developments
10.9 Zekelman Industries
10.9.1 Zekelman Industries Basic Information
10.9.2 Zekelman Industries Octg Product Overview
10.9.3 Zekelman Industries Octg Product Market Performance
10.9.4 Zekelman Industries Business Overview
10.9.5 Zekelman Industries Recent Developments
10.10 Sb International Inc
10.10.1 Sb International Inc Basic Information
10.10.2 Sb International Inc Octg Product Overview
10.10.3 Sb International Inc Octg Product Market Performance
10.10.4 Sb International Inc Business Overview
10.10.5 Sb International Inc Recent Developments
10.11 Continental Alloys And Services
10.11.1 Continental Alloys And Services Basic Information
10.11.2 Continental Alloys And Services Octg Product Overview
10.11.3 Continental Alloys And Services Octg Product Market Performance
10.11.4 Continental Alloys And Services Business Overview
10.11.5 Continental Alloys And Services Recent Developments
10.12 Baosteel
10.12.1 Baosteel Basic Information
10.12.2 Baosteel Octg Product Overview
10.12.3 Baosteel Octg Product Market Performance
10.12.4 Baosteel Business Overview
10.12.5 Baosteel Recent Developments
10.13 Changbao
10.13.1 Changbao Basic Information
10.13.2 Changbao Octg Product Overview
10.13.3 Changbao Octg Product Market Performance
10.13.4 Changbao Business Overview
10.13.5 Changbao Recent Developments
10.14 Hengyang Valin Steel Tube
10.14.1 Hengyang Valin Steel Tube Basic Information
10.14.2 Hengyang Valin Steel Tube Octg Product Overview
10.14.3 Hengyang Valin Steel Tube Octg Product Market Performance
10.14.4 Hengyang Valin Steel Tube Business Overview
10.14.5 Hengyang Valin Steel Tube Recent Developments
10.15 Jfe
10.15.1 Jfe Basic Information
10.15.2 Jfe Octg Product Overview
10.15.3 Jfe Octg Product Market Performance
10.15.4 Jfe Business Overview
10.15.5 Jfe Recent Developments
10.16 Interpipe
10.16.1 Interpipe Basic Information
10.16.2 Interpipe Octg Product Overview
10.16.3 Interpipe Octg Product Market Performance
10.16.4 Interpipe Business Overview
10.16.5 Interpipe Recent Developments
10.17 Voestalpine
10.17.1 Voestalpine Basic Information
10.17.2 Voestalpine Octg Product Overview
10.17.3 Voestalpine Octg Product Market Performance
10.17.4 Voestalpine Business Overview
10.17.5 Voestalpine Recent Developments
10.18 Evraz
10.18.1 Evraz Basic Information
10.18.2 Evraz Octg Product Overview
10.18.3 Evraz Octg Product Market Performance
10.18.4 Evraz Business Overview
10.18.5 Evraz Recent Developments
10.19 Jesco
10.19.1 Jesco Basic Information
10.19.2 Jesco Octg Product Overview
10.19.3 Jesco Octg Product Market Performance
10.19.4 Jesco Business Overview
10.19.5 Jesco Recent Developments
10.20 Jindal Saw
10.20.1 Jindal Saw Basic Information
10.20.2 Jindal Saw Octg Product Overview
10.20.3 Jindal Saw Octg Product Market Performance
10.20.4 Jindal Saw Business Overview
10.20.5 Jindal Saw Recent Developments
10.21 Maharashtra
10.21.1 Maharashtra Basic Information
10.21.2 Maharashtra Octg Product Overview
10.21.3 Maharashtra Octg Product Market Performance
10.21.4 Maharashtra Business Overview
10.21.5 Maharashtra Recent Developments
10.22 Seah Steel
10.22.1 Seah Steel Basic Information
10.22.2 Seah Steel Octg Product Overview
10.22.3 Seah Steel Octg Product Market Performance
10.22.4 Seah Steel Business Overview
10.22.5 Seah Steel Recent Developments
10.23 Nexteel
10.23.1 Nexteel Basic Information
10.23.2 Nexteel Octg Product Overview
10.23.3 Nexteel Octg Product Market Performance
10.23.4 Nexteel Business Overview
10.23.5 Nexteel Recent Developments
10.24 Hyundai Hysco
10.24.1 Hyundai Hysco Basic Information
10.24.2 Hyundai Hysco Octg Product Overview
10.24.3 Hyundai Hysco Octg Product Market Performance
10.24.4 Hyundai Hysco Business Overview
10.24.5 Hyundai Hysco Recent Developments
11 Octg Market Forecast By Region
11.1 Global Octg Market Size Forecast
11.2 Global Octg Market Forecast By Region
11.2.1 North America Market Size Forecast By Country
11.2.2 Europe Octg Market Size Forecast By Country
11.2.3 Asia Pacific Octg Market Size Forecast By Region
11.2.4 South America Octg Market Size Forecast By Country
11.2.5 Middle East And Africa Forecasted Sales Of Octg By Country
12 Forecast Market By Type And By Application (2026-2033)
12.1 Global Octg Market Forecast By Type (2026-2033)
12.1.1 Global Forecasted Sales Of Octg By Type (2026-2033)
12.1.2 Global Octg Market Size Forecast By Type (2026-2033)
12.1.3 Global Forecasted Price Of Octg By Type (2026-2033)
12.2 Global Octg Market Forecast By Application (2026-2033)
12.2.1 Global Octg Sales (K Units) Forecast By Application
12.2.2 Global Octg Market Size (M Usd) Forecast By Application (2026-2033)
13 Conclusion And Key Findings
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