Global Steel for Oil Well Pipe Market Growth 2025-2031
Description
The global Steel for Oil Well Pipe market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
Steel for oil well pipes must have special characteristics to withstand the harsh conditions of oil drilling and production. The most commonly used steel grade for oil well pipe is API J55, which is a low carbon steel with high corrosion resistance and good tensile strength. Other grades commonly used for oil well pipelines include API grade N80 and L80, which have high strength and toughness. In addition to these grades, oil well tubing can also be made of alloy steel, which is specially prepared to provide additional strength and corrosion resistance. The specific grade of steel used for oil well pipelines will depend on the specific requirements of the oil well and its operating conditions.
United States market for Steel for Oil Well Pipe 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 Steel for Oil Well Pipe 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 Steel for Oil Well Pipe is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Steel for Oil Well Pipe players cover Nippon Steel & Sumitomo Metal Corporation, Tenaris, Vallourec, TMK Group, JFE Steel Corporation, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “Steel for Oil Well Pipe Industry Forecast” looks at past sales and reviews total world Steel for Oil Well Pipe sales in 2024, providing a comprehensive analysis by region and market sector of projected Steel for Oil Well Pipe sales for 2025 through 2031. With Steel for Oil Well Pipe sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Steel for Oil Well Pipe industry.
This Insight Report provides a comprehensive analysis of the global Steel for Oil Well Pipe landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Steel for Oil Well Pipe portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Steel for Oil Well Pipe market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Steel for Oil Well Pipe 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 Steel for Oil Well Pipe.
This report presents a comprehensive overview, market shares, and growth opportunities of Steel for Oil Well Pipe market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Carbon Steel
Alloy Steel
Stainless Steel
Duplex Steel
Nickel-base Alloy Steel
Segmentation by Application:
Exploration and Production
Refining
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 analysing the company's coverage, product portfolio, its market penetration.
Nippon Steel & Sumitomo Metal Corporation
Tenaris
Vallourec
TMK Group
JFE Steel Corporation
United States Steel Corporation
Tubos Reunidos Industrial
Sandvik AB
ArcelorMittal
NSSMC Nippon Steel Corporation
Schulz Xtruded Products
Baosteel Group Corporation
Salzgitter AG
Techint Group
PSL Limited
Jiangsu Changbao Steel Tube
IPP Europe Ltd
Maharashtra Seamless Limited
Key Questions Addressed in this Report
What is the 10-year outlook for the global Steel for Oil Well Pipe market?
What factors are driving Steel for Oil Well Pipe market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Steel for Oil Well Pipe market opportunities vary by end market size?
How does Steel for Oil Well Pipe break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Steel for oil well pipes must have special characteristics to withstand the harsh conditions of oil drilling and production. The most commonly used steel grade for oil well pipe is API J55, which is a low carbon steel with high corrosion resistance and good tensile strength. Other grades commonly used for oil well pipelines include API grade N80 and L80, which have high strength and toughness. In addition to these grades, oil well tubing can also be made of alloy steel, which is specially prepared to provide additional strength and corrosion resistance. The specific grade of steel used for oil well pipelines will depend on the specific requirements of the oil well and its operating conditions.
United States market for Steel for Oil Well Pipe 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 Steel for Oil Well Pipe 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 Steel for Oil Well Pipe is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Steel for Oil Well Pipe players cover Nippon Steel & Sumitomo Metal Corporation, Tenaris, Vallourec, TMK Group, JFE Steel Corporation, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “Steel for Oil Well Pipe Industry Forecast” looks at past sales and reviews total world Steel for Oil Well Pipe sales in 2024, providing a comprehensive analysis by region and market sector of projected Steel for Oil Well Pipe sales for 2025 through 2031. With Steel for Oil Well Pipe sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Steel for Oil Well Pipe industry.
This Insight Report provides a comprehensive analysis of the global Steel for Oil Well Pipe landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Steel for Oil Well Pipe portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Steel for Oil Well Pipe market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Steel for Oil Well Pipe 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 Steel for Oil Well Pipe.
This report presents a comprehensive overview, market shares, and growth opportunities of Steel for Oil Well Pipe market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Carbon Steel
Alloy Steel
Stainless Steel
Duplex Steel
Nickel-base Alloy Steel
Segmentation by Application:
Exploration and Production
Refining
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 analysing the company's coverage, product portfolio, its market penetration.
Nippon Steel & Sumitomo Metal Corporation
Tenaris
Vallourec
TMK Group
JFE Steel Corporation
United States Steel Corporation
Tubos Reunidos Industrial
Sandvik AB
ArcelorMittal
NSSMC Nippon Steel Corporation
Schulz Xtruded Products
Baosteel Group Corporation
Salzgitter AG
Techint Group
PSL Limited
Jiangsu Changbao Steel Tube
IPP Europe Ltd
Maharashtra Seamless Limited
Key Questions Addressed in this Report
What is the 10-year outlook for the global Steel for Oil Well Pipe market?
What factors are driving Steel for Oil Well Pipe market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Steel for Oil Well Pipe market opportunities vary by end market size?
How does Steel for Oil Well Pipe break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
142 Pages
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Steel for Oil Well Pipe by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Steel for Oil Well Pipe by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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