Global Drill Pipe Rental Market Growth (Status and Outlook) 2025-2031

According to this study, the global Drill Pipe Rental market size will reach US$ 3134 million by 2031.

Drill pipe rental is a rental service that provides necessary drill pipe tools for oil and gas mining, geological exploration or mineral resource development projects. These tools are mainly used to connect drilling rigs and drilling devices, transmit rotational power and transport drilling mud, and adapt to various complex formations and downhole operating environments.

United States market for Drill Pipe Rental is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Drill Pipe Rental is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Drill Pipe Rental is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Drill Pipe Rental players cover Drilltech, Quail Tools, Tasman, Saltire Energy, Sigma Energy, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Drill Pipe Rental Industry Forecast” looks at past sales and reviews total world Drill Pipe Rental sales in 2024, providing a comprehensive analysis by region and market sector of projected Drill Pipe Rental sales for 2025 through 2031. With Drill Pipe Rental sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Drill Pipe Rental industry.

This Insight Report provides a comprehensive analysis of the global Drill Pipe Rental landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Drill Pipe Rental portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Drill Pipe Rental market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Drill Pipe Rental and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Drill Pipe Rental.

This report presents a comprehensive overview, market shares, and growth opportunities of Drill Pipe Rental market by product type, application, key players and key regions and countries.

Segmentation by Type:
Standard Drill Pipe
Heavy-Weight Drill Pipe

Segmentation by Application:
Oil & Gas Extraction
Geological Exploration
Hydraulic Engineering
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Drilltech
Quail Tools
Tasman
Saltire Energy
Sigma Energy
Empire Tool
Knight Energy Services
Star Valley Energy Services
Hofco Oilfield Services
Knight Energy
Odfjell Technology
Drilling Tools International
Workstrings International
Casey Equipment, Ltd
Wellbore Integrity Solutions
Hilong Petropipe
Anton Oilfield Services
Jason Offshore Equipment

Please note: The report will take approximately 2 business days to prepare and deliver. Show more