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Global Drill Pipe Market 2015-2019

Global Drill Pipe Market 2015-2019

About Drill Pipe

Drill pipes are an essential part of the drill string. They form the longest component of the drill string. 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 known as 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, aluminium and titanium alloys are also used. The bars of alloys are bored from one end to the other to provide passage for drilling fluids. Drill pipes are segmented into various grades depending on their material properties such as tensile strength and yield strength. Standard drill pipes are about 30 feet to 33 feet in length. Drill pipes are characterized by high tensile strength and resistance to fatigue.

Technavio's analysts forecast the global drill pipe market to grow at a CAGR of 9.58%, in terms of revenue, over the period 2014-2019.

Covered in this Report

Technavio's report, Global Drill Pipe Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the forecast of the global drill pipe market and its growth prospects in the coming years. The report also includes the segmentation on the basis of application, raw materials, and geography. The report also includes a discussion of the key vendors operating in this market.

The report covers the segmentation as described below.

Key Vendors

  • DP Master
  • Hilong Group
  • Hunting
  • Superior Drillpipe Manufacturing
  • Tasman Oil Tools
  • Tenaris
  • Vallourec
Other Prominent Vendors
  • ACE
  • Aliron Tool Research
  • American Oilfield Tools
  • Bilco Tools
  • Challenger International
  • Command Energy Services
  • Downhole Oil Tools
  • Logan Oil Tools
  • Magnum Oil Tool International
  • National Oilwell Varco
  • Oil Tools International Services Private
  • Schoeller Bleckmann Oilfield Equipment
  • Wenzel Downhole Tools
  • Workstrings International
Market Driver
  • Increased Global Demand for Oil and Gas
  • For a full, detailed list, view our report
Market Challenge
  • Fluctuating Oil Prices
  • For a full, detailed list, view our report
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 – Global Drill Pipe Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Drill Pipe Market: DP Master, Hilong Group, Hunting, Superior Drillpipe Manufacturing, Tasman Oil Tools, Tenaris and Vallourec

Other Prominent Vendors in the market are: ACE, Aliron Tool Research, American Oilfield Tools, Bilco Tools, Challenger International, Command Energy Services, Downhole Oil Tools, Logan Oil Tools, Magnum Oil Tool International, National Oilwell Varco, Oil Tools International Services Private, Schoeller Bleckmann Oilfield Equipment, Wenzel Downhole Tools and Workstrings International

Commenting on the report, an analyst from Technavio’s team said: “Advances in downhole drilling technologies will boost the global drill pipe market in future. Technologically advanced drill tools increase efficiency, control, and monitoring of the wells and are in demand because of growing complexity of wells, increased exploration of unconventional reserves, and redevelopment of mature fields. The advances in drilling technologies have increased the efficiency and reduced the cost and risks of drilling projects. Hence, the market vendors are increasing their R&D investments to develop advanced drilling tools. These developments are expected to propel the market growth during the forecast period.”

According to the report, expansion of oil and gas exploration and drilling activities is expected to stimulate market growth in the near future. The growing demand for oil and gas will encourage large investment in state-of-the-art technology to increase the efficiency of drill pipes, ensuring oil production. With the decline of easy oil worldwide, drilling activities such as directional and deep-sea drilling will ensure the supply-demand balance by enhancing access to oil and gas in previously inaccessible formations.Further, the report states that a persistent decline in oil prices is expected to reduce investments in drilling activities and negatively influence the global drill pipe market.

Companies Mentioned

DP Master, Hilong Group, Hunting, Superior Drillpipe Manufacturing, Tasman Oil Tools, Tenaris, Vallourec, ACE, Aliron Tool Research, American Oilfield Tools, Bilco Tools, Challenger International, Command Energy Services, Downhole Oil Tools, Logan Oil Tools, Magnum Oil Tool International, National Oilwell Varco, Oil Tools International Services Private, Schoeller Bleckmann Oilfield Equipment, Wenzel Downhole Tools, Workstrings International

  • 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
  • Market Landscape
    • Market Overview
    • Manufacturing Process of Drill Pipe
    • Market Size and Forecast
      • Table Global Drill Pipe Market 2014-2019 ($ millions)
      • Table Global Rotary Rig Count 2009-2015
    • Five Forces Analysis
  • Market Segmentation by Raw Material
    • Global Drill Pipe Market by Raw Material 2014
      • Table Global Drill Pipe Market by Raw Material 2014
    • Global Drill Pipe Market by Raw Material 2019
      • Table Global Drill Pipe Market by Raw Material 2019
    • Global Drill Pipe Market by Raw Material 2014-2019
    • Global Alloy Drill Pipe Market
      • Market Size and Forecast
        • Table Global Alloy Drill Pipe Market 2014-2019 ($ millions)
        • Table Market Share by Alloy Type 2014 and 2019
      • Steel Alloy Drill Pipe Market
        • Table Steel Alloys Drill Pipe Market 2014-2019 ($ millions)
      • Aluminum Alloy Drill Pipe Market
        • Table Aluminum Alloy Drill Pipe Market 2014-2019 ($ millions)
      • Titanium Alloy Drill Pipe Market
        • Table Titanium Alloys Drill Pipe Market 2014-2019 ($ millions)
    • Global Composite Drill Pipe Market
      • Market Size and Forecast
        • Table Global Composite Drill Pipe Market 2014-2019 ($ millions)
  • Market Segmentation by Application
    • Global Drill Pipe Market by Application 2014
      • Table Global Drill Pipe Market by Application 2014
    • Global Drill Pipe Market by Application 2019
      • Table Global Drill Pipe Market by Application 2019
    • Global Drill Pipe Market by Application 2014-2019
    • Global Drill Pipe Market by Onshore
      • Market Size and Forecast
        • Table Global Drill Pipe Market by Onshore 2014-2019 ($ millions)
    • Global Drill Pipe Market by Offshore
      • Market Size and Forecast
        • Table Global Drill Pipe Market by Offshore 2014-2019 ($ millions)
  • Geographical Segmentation
    • Global Drill Pipe Market by Geography 2014
      • Table Global Drill Pipe Market by Geography 2014
    • Global Drill Pipe Market by Geography 2019
      • Table Global Drill Pipe Market by Geography 2019
    • Global Drill Pipe Market by Geography 2014-2019
    • Drill Pipe Market in Americas
      • Market Size and Forecast
        • Table Drill Pipe Market in Americas 2014-2019 ($ millions)
    • Drill Pipe Market in EMEA
      • Market Size and Forecast
        • Table Drill Pipe Market in EMEA 2014-2019 ($ millions)
    • Drill Pipe Market in APAC
      • Market Size and Forecast
        • Table Drill Pipe Market in APAC 2014-2019 ($ millions)
  • Key Leading Countries
    • US
    • UK
    • China
    • Saudi Arabia
    • Iran
    • Iraq
  • Buying Criteria
  • Market Growth Drivers
    • Table Global Oil and Gas Consumption 2009-2013
    • Table Percentage of US Oil and Natural Gas from Tight Oil and Shale Gas 2005-2020F
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key News
    • Other Prominent Vendors
  • Key Vendor Analysis
    • DP-Master
      • Key Facts
      • Business Overview
      • Business Strategy
      • SWOT Analysis
    • Hilong
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Hilong: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Hilong: Business Segmentation by Revenue 2012 and 2013 ($ billions)
      • Geographical Segmentation by Revenue 2013
        • Table Hilong: Geographical Segmentation by Revenue 2013
      • Recent Developments
      • SWOT Analysis
    • 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 ($ millions)
      • Geographical Segmentation by Revenue 2014
        • Table Hunting: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Superior Drillpipe
      • Key Facts
      • Business Overview
      • Recent Developments
      • SWOT Analysis
    • Tasman Oil Tools
      • Key Facts
      • Business Overview
      • 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
    • 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 ($ millions)
      • Geographical Segmentation by Revenue 2013
        • Table Vallourec: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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