Global OCTG (Oil Country Tubular Goods) Market: Industry Analysis & Outlook (2019-2023)

Global OCTG (Oil Country Tubular Goods) Market: Industry Analysis & Outlook (2019-2023)

Oil Country Tubular Goods (OCTG) comprises of a wide range of steel tubular products that are used in oil and gas exploration and production and in particular drilling. They can be Seamless and Welded Pipes (Electric Resistance Welding (EWR) and come in various sizes and length. The process of manufacturing of seamless and welded pipes and tubes is different with the seamless pipes designed to bear much higher stress. OCTG generally includes three categories of products - drill pipe, casing, and tubing.

The OCTG market is a highly competitive sector and with the upsurge in the number of drilling and exploration activities in unconventional reserves, the competition has progressed to a higher level.

The global market is expected to witness a lucrative growth due to growing oil demand, rising energy consumption, escalating investment in offshore drilling activities and accelerating economic growth. The market is trending with the propelling rig count and growth in footage of wells drilled. However, there are some growth hindering factors in the market including rising brent oil prices and environmental issues.

Regionally, the U.S. is expected to hold the leading position in the market, due to the ramping up research & development expenditures by the steel producers & supportive government policies in the form of subsidies that have been the key reasons that have contributed to this growth.

“Global OCTG (Oil Country Tubular Goods) Market: Industry Analysis & Outlook (2019-2023)” by Koncept Analytics provides an extensive research and detailed analysis of the present market along with future outlook. Key players i.e. Tenaris S.A., PAO Trubnaya Metallurgicheskaya Kompaniya, Vallourec S.A. and United States Steel Corporation are being profiled along with their respective financials and growth strategies.


1. Market Overview
1.1 An Introduction
Table 1: OCTG Product Types
1.2 OCTG Product Types
1.3 OCTG Pipe Classification
Table 2: Classifications of OCTG Pipe
1.4 OCTG Pipe Comparison
1.5 OCTG Manufacturing Process
Table 3: OCTG Manufacturing Process
2. Global OCTG Market
2.1 Global OCTG Market Value
Table 4: Global OCTG Market Value (2014-2018)
2.2 Global OCTG Market Value Forecast
Table 5: Global OCTG Market Value Forecast (2019-2023)
2.3 Global OCTG Demand Volume
Table 6: Global OCTG Demand Volume (2014-2018)
2.4 Global OCTG Demand Volume Forecast
Table 7: Global OCTG Demand Volume Forecast (2019-2023)
2.5 Global OCTG Demand Volume by Region
Table 8: Global OCTG Demand Volume by Region (2018)
2.6 Global OCTG Demand Volume by Shales vs. Others
Table 9: Global OCTG Demand Volume by Shales vs. Others (2014-2018)
2.7 Global OCTG Demand Volume Forecast by Shales vs. Others
Table 10: Global OCTG Demand Volume Forecast by Shales vs. Others (2019-2023)
2.8 Global Drilling Activity by Region
Table 11: Global Drilling Activity by Region (2018)
2.9 Global Deep Water OCTG Consumption Volume
Table 12: Global Deep Water OCTG Consumption Volume (2014-2018)
2.10 Global Deep Water OCTG Consumption Volume Forecast
Table 13: Global Deep Water OCTG Consumption Volume Forecast (2019-2023)
2.11 Global Seamless OCTG Production and Capacity Volume
Table 14: Global Seamless OCTG Production and Capacity Volume (2014-2018)
2.12 Global Seamless OCTG Production and Capacity Volume Forecast
Table 15: Global Seamless OCTG Production and Capacity Volume Forecast (2019-2023)
2.13 Global Seamless OCTG Production Volume by Region
Table 16: Global Seamless OCTG Production Volume by Region (2018)
2.14 Global Seamless OCTG Consumption Volume by Region
Table 17: Global Seamless OCTG Consumption Volume by Region (2018)
3. Regional OCTG Market
3.1 The U.S.
3.1.1 The U.S. Rig Count
Table 18: The U.S. Rig Count (2014-2018)
3.1.2 The U.S. Rig Count Forecast
Table 19: The U.S. Rig Count Forecast (2019-2023)
3.1.3 The U.S. OCTG Production Volume
Table 20: The U.S. OCTG Production Volume (2014-2018)
3.1.4 The U.S. OCTG Production Volume Forecast
Table 21: The U.S. OCTG Production Volume Forecast (2019-2023)
3.1.5 The U.S. OCTG Consumption Volume
Table 22: The U.S. OCTG Consumption Volume (2014-2018)
3.1.6 The U.S. OCTG Consumption Volume Forecast
Table 23: The U.S. Consumption Volume Forecast (2019-2023)
3.1.7 The U.S. OCTG Consumption Volume by Segment
Table 24: The U.S. Consumption Volume by Segment (2014-2018)
3.1.8 The U.S. OCTG Exports Volume
Table 25: The U.S. OCTG Exports Volume (2014-2018)
3.1.9 The U.S. OCTG Imports Volume
Table 26: The U.S. OCTG Imports Volume (2014-2018)
3.1.10 The U.S. OCTG Imports by Region
Table 27: The U.S. OCTG Imports by Region (2018)
3.1.11 The U.S. Distributor Welded OCTG vs. HRC Prices
Table 28: The U.S. Distributor Welded OCTG vs. HRC Prices (January 14-January 18)
3.1.12 The U.S. Distributor Seamless OCTG vs. Scrap Prices
Table 29: The U.S. Distributor Seamless OCTG vs. Scrap Prices (January 14-January 18)
3.2 Russia
3.2.1 Russia OCTG Market Volume
Table 30: Russia OCTG Market by Volume (2014-2018)
3.2.2 Russia OCTG Market Volume Forecast
Table 31: Russia OCTG Market Volume Forecast (2019-2023)
3.2.3 Russia OCTG Market Share by Product
Table 32: Russia OCTG Market Share by Product (2018)
3.2.4 Russia Annual Development Drilling Program
Table 33: Russia Annual Development Drilling Program (2014-2018)
3.2.5 Russia Annual Development Drilling Program Forecast
Table 34: Russia Annual Development Drilling Program Forecast (2019-2023)
3.2.6 Russia Tube and Pipe Market Volume
Table 35: Russia Tube and Pipe Market Volume (2014-2018)
3.2.7 Russia Tube and Pipe Market Volume Forecast
Table 36: Russia Tube and Pipe Market Volume Forecast (2019-2023)
3.3 China
3.3.1 China Seamless OCTG Production and Capacity Volume
Table 37: China Seamless OCTG Production and Capacity Volume (2014-2018)
3.3.2 China Seamless OCTG Production and Capacity Volume Forecast
Table 38: China Seamless OCTG Production and Capacity Volume Forecast (2019-2023)
4. Market Dynamics
4.1 Growth Drivers
4.4.1 Growing Oil Demand
Table 39: Global Oil Demand (2014-2018)
4.4.2 Rising Energy Consumption
Table 40: Global Energy Consumption (1990-2040)
4.4.3 Escalating Investment in Offshore Drilling Activities
Table 41: Global Offshore Drilling Market Value Forecast (2018-2022)
4.4.4 Accelerating Economic Growth
Table 42: Global Gross Domestic Product (GDP) per Capita (2014-2018)
4.2 Key Trends and Developments
4.2.1 Propelling Rig Count
Table 43: Global Rig Count (2014-2018)
Table 44: Global Rig Count by Region (2014-2018)
4.2.2 Growth in Footage of Wells Drilled
Table 45: The U.S. Annual Footage Drilled, by Type (2018-2023)
4.3 Challenges
4.3.1 Rising Brent Oil Prices
Table 46: The U.S. Brent Oil Price (2014-2018)
4.3.2 Environmental Issues
5. Competitive Landscape
5.1 Global OCTG Market
5.1.1 Key Players – Revenue Comparison
Table 47: Key Players – Revenue Comparison (2018)
5.1.2 Key Players – Market Cap Comparison
Table 48: Key Players – Market Cap Comparison (2019)
5.1.3 Key Players – Premium OCTG Market Share Comparison
Table 49: Key Players – Premium OCTG Market Share Comparison (2018)
5.2 US OCTG Market
5.2.1 Key Players – Market Share Comparison
Table 50: Key Players – US OCTG Market Share Comparison (2018)
5.3 Russia OCTG Market
5.3.1 Key Players – Market Share Comparison
Table 51: Key Players – Russia OCTG Market Share Comparison (2018)
6. Company Profiles
6.1 Tenaris S.A.
6.1.1 Business Overview
Table 52: Tenaris Net Sales by Business Segments (2018)
6.1.2 Financial Overview
Table 53: Tenaris Net Sales and Net Income (Loss) (2014-2018)
6.1.3 Business Strategies
6.2 PAO Trubnaya Metallurgicheskaya Kompaniya
6.2.1 Business Overview
Table 54: PAO TMK Revenue by Business Regions (2018)
6.2.2 Financial Overview
Table 55: PAO TMK Revenue and Profit (Loss) (2014-2018)
6.2.3 Business Strategies
Table 56: PAO TMK A&P Expenditures (2016-2018)
Table 57: PAO TMK R&D Expenditures (2016-2018)
6.3 Vallourec S.A.
6.3.1 Business Overview
Table 58: Vallourec Revenue by Business Regions (2018)
6.3.2 Financial Overview
Table 59: Vallourec Revenue and Net Loss (2014-2018)
6.3.3 Business Strategies
6.4 United States Steel Corporation
6.4.1 Business Overview
Table 60: US Steel Net Sales by Business Segment (2018)
6.4.2 Financial Overview
Table 61: US Steel Net Sales and Net Earnings (Loss) (2014-2018)
6.4.3 Business Strategies

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