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Drill Pipe Market in the Middle East 2015-2019

Drill Pipe Market in the Middle East 2015-2019

About Drill Pipes

Drill pipes are an essential part of the drill string, forming its longest component. Drill pipes are hollow thick-walled steel pipes with threaded connections at both ends. The end with an external thread is known as the male end, whereas the end with an internal thread is called the female end. The basic purpose of a drill pipe is to provide a connection between the surface equipment and BHA for drilling purposes. Drill pipes are generally machined out of solid steel alloy bars as per API specifications. However, aluminum and titanium alloys are also used as raw material for drill pipes. The bars of alloys are bored from one end to the other to provide a passage for drilling fluids. Drill pipes are segmented into various grades depending on their material properties such as tensile strength and yield strength. A standard drill pipe is about 30 to 33 feet in length. Drill pipes are characterized by high tensile strength and fatigue resistance.

Technavio's analysts forecast the drill pipe market in the Middle East to grow at a CAGR of 12.04% in terms of revenue during 2014-2019.

Covered in this Report

The report includes the present scenario and the growth prospects of the drill pipe market in the Middle East for 2015-2019. The market can be divided into the following segments:

  • Raw materials: alloys and composites
  • Applications: onshore and offshore
Technavio's report, Drill Pipe Market in the Middle East 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a discussion of the key vendors operating in this market. Key Countries
  • Iran
  • Iraq
  • Kuwait
  • Saudi Arabia
  • UAE
Key Vendors
  • DP-Master
  • Halliburton
  • Hunting
  • Schlumberger
  • Tasman Oil Tools
  • Tenaris
  • Vallourec
  • Weatherford International
Other Prominent Vendors
  • ACE
  • Aliron Tool Research
  • Challenger International
  • Command Energy Services
  • Downhole Oil Tools
  • National Oilwell Varco
  • Oil Tools International Services Private
  • Wenzel Downhole Tools
  • Workstrings International
Key Market Driver
  • Increased Global Demand for Oil and Gas
  • For a full, detailed list, view our report
Key Market Challenge
  • Increase in Geopolitical Issues
  • For a full, detailed list, view our report
Key Market Trend
  • Advances in Technology
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Drill Pipe Market in the Middle East 2015-2019

Technavio recognizes the following companies as the key players in the Drill Pipe Market in the Middle East: DP-Master Co. Ltd., Halliburton SA, Hunting plc, Schlumberger Ltd., Tasman Oil Tools Pty Ltd., Tenaris SA, Vallourec SA, and Weatherford International plc

Other Prominent Vendors in the market are: ACE, Aliron Tool Research, Challenger International, Command Energy Services, Downhole Oil Tools, National Oilwell Varco, Oil Tools International Services Private, Wenzel Downhole Tools, and Workstrings International.

Commenting on the report, an analyst from Technavio’s team said: “Decreasing investment in in-house production units is a key trend observed in the market. Many oil and gas companies are now reducing their investments in drill pipe manufacturing as it is easily available in the market for rent. This helps to reduce the overall cost of operation and also aids in increasing the overall efficiency.”

According to the report, the augmented demand for oil and gas is a major driver that promotes growth in this market. This demand for oil and gas is expected to increase during the forecast period owing to the rapid increase in population and industrialization.

Further, the report states that the emergence of renewable sources of energy is a major challenge faced by this market. Renewable sources of energy are more efficient and eco-friendly compared to conventional sources to energy. Recent technological innovations will diversify the energy supply sources and provide more eco-friendly options that could ultimately replace fossil fuels.

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Overview of Oil and Gas Market in Middle East
  • Market Landscape
    • Market Overview
    • Manufacturing Process of Drill Pipes
    • Market Size and Forecast
      • Table Drill Pipe Market in Middle East 2014-2019 ($ millions)
    • Five Forces Analysis
  • Market Segmentation by Raw Material
    • Drill Pipe Market in Middle East by Raw Material 2014
      • Table Drill Pipe Market in Middle East by Raw Material 2014
    • Drill Pipe Market in Middle East by Raw Material 2019
      • Table Drill Pipe Market in Middle East by Raw Material 2019
    • Drill Pipe Market in Middle East by Raw Material 2014-2019
    • Drill Pipe Market in Middle East in Alloys Segment
      • Market Size and Forecast
        • Table Drill Pipe Market in Middle East in Alloys Segment 2014-2019 ($ millions)
        • Table Market Share by Alloy Type 2014 and 2019
      • Steel Alloy Drill Pipe Market in Middle East
        • Table Steel Alloy Drill Pipe Market in Middle East 2014-2019 ($ millions)
      • Aluminum Alloy Drill Pipe Market in Middle East
        • Table Aluminum Alloy Drill Pipe Market in Middle East 2014-2019 ($ millions)
      • Titanium Alloy Drill Pipe Market in Middle East
        • Table Titanium Alloy Drill Pipe Market in Middle East 2014-2019 ($ millions)
    • Composite Drill Pipe Market in Middle East
      • Market Size and Forecast
        • Table Composite Drill Pipe Market in Middle East 2014-2019 ($ millions)
  • Market Segmentation by Application
    • Drill Pipe Market in Middle East by Application 2014
      • Table Drill Pipe Market in Middle East by Application 2014
    • Drill Pipe Market in Middle East by Application 2019
      • Table Drill Pipe Market in Middle East by Application 2019
    • Drill Pipe Market in Middle East by Application 2014-2019
    • Drill Pipe Market in Middle East in Onshore Applications
      • Market Size and Forecast
        • Table Drill Pipe Market in Middle East in Onshore Applications 2014-2019 ($ millions)
    • Drill Pipe Market in Middle East in Offshore Applications
      • Market Size and Forecast
        • Table Drill Pipe Market in Middle East in Offshore Applications 2014-2019 ($ millions)
  • Key Leading Countries
    • Drill Pipe Market in Middle East by Key Countries
      • Table Drill Pipe Market in Middle East by Key Countries 2014
      • Table Drill Pipe Market in Middle East by Key Countries 2019
    • Drill Pipe Market in Middle East by Key Countries 2014-2019
    • Saudi Arabia
      • Market Size and Forecast
        • Table Drill Pipe Market in Saudi Arabia 2014-2019 ($ millions)
    • Iran
      • Market Size and Forecast
        • Table Drill Pipe Market in Iran 2014-2019 ($ millions)
    • Iraq
      • Market Size and Forecast
        • Table Drill Pipe Market in Iraq 2014-2019 ($ millions)
    • UAE
      • Market Size and Forecast
        • Table Drill Pipe Market in UAE 2014-2019 ($ millions)
    • Kuwait
      • Market Size and Forecast
        • Table Drill Pipe Market in Kuwait 2014-2019 ($ millions)
    • Others
      • Market Size and Forecast
        • Table Drill Pipe Market in Other Countries of Middle East 2014-2019 ($ millions)
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
    • Table WTI Spot Price July 2014-July 2015 ($/bbl)
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key News
      • Mergers and Acquisitions
    • Other Prominent Vendors
  • Key Vendor Analysis
    • DP-Master
      • Key Facts
      • Business Overview
      • Business Strategy
      • SWOT Analysis
    • Halliburton
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue
        • Table Business Segmentation of Halliburton by Revenue 2013
        • Table Business Segmentation of Halliburton by Revenue 2012 and 2013 ($ billions)
      • Geographical Segmentation by Revenue
        • Table Geographical Segmentation of Halliburton by Revenue 2013
      • Business Strategy
      • Key Information
      • SWOT Analysis
      • Strengths
      • Weaknesses
      • Opportunities
      • Threats
    • Hunting
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Hunting: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Hunting: Business Segmentation by Revenue 2013 and 2014 ($ million)
      • Geographical Segmentation by Revenue 2014
        • Table Hunting: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Schlumberger
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue
        • Table Business Segmentation of Schlumberger by Revenue 2013
        • Table Business Segmentation of Schlumberger by Revenue 2012 and 2013 ($ million)
      • Geographical Segmentation by Revenue
        • Table Geographical Segmentation of Schlumberger by Revenue 2013
      • Business Strategy
      • Key Information
      • SWOT Analysis
    • Tenaris
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Tenaris: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Tenaris: Business Segmentation by Revenue 2012 and 2013 ($ billions)
      • Geographical Segmentation by Revenue 2013
        • Table Tenaris: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Tasman Oil Tools
      • Key Facts
      • Business Overview
      • SWOT Analysis
    • Vallourec
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Vallourec: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Vallourec: Business Segmentation by Revenue 2012 and 2013 ($ million)
      • Geographical Segmentation by Revenue 2013
        • Table Vallourec: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Weatherford International
      • Key facts
      • Business overview
      • Product segmentation by revenue
        • Table Weatherford International: product segmentation by revenue 2013
      • Geographical segmentation by revenue
        • Table Weatherford International: Geographidcal segmentation by revenue 2013
      • Business strategy
      • Key developments
      • SWOT analysis
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