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Drill Pipe Market by Application (Onshore and Offshore), by Grade (American Petroleum Institute (API) Grade and Premium Grade), and by Region (North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa) - Global Trends & Forecast to 2020

Drill Pipe Market by Application (Onshore and Offshore), by Grade (American Petroleum Institute (API) Grade and Premium Grade), and by Region (North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa) - Global Trends & Forecast to 2020

The drill pipe market is projected to grow at a CAGR of 3.8%.
This report forecasts the drill pipe market in terms of value. The market is projected to grow at a CAGR of 3.8% from USD 940.62 Million in 2015 to reach USD 1,133.80 Million by 2020. The growing energy demand coupled with the maturing onshore oilfields is leading to the requirement for the new oil & gas discoveries. Regions such as Africa and Latin America have emerged as attractive prospects for offshore E&P activities due to their vast unexplored hydrocarbon reserves. Unconventional resources such as shale oil & gas, tar sands, and tight oil have also contributed to the increased drilling activity over the last five years particularly in North America and Asia-Pacific.

Offshore drill pipe market is projected to grow faster as compared to the onshore application.

Offshore market for drill pipe is expected to have the fastest growth due to the ongoing and upcoming offshore exploration activities which include recent discoveries in Angola, Nigeria, and Saudi Arabia among others. Premium grade drill pipe market, which is mainly driven by the increase in deepwater and ultra deepwater explorations, is set to grow quickest in the forecast period. New ventures, especially offshore, require high grade drill pipes that can withstand challenging environment such as corrosive drilling conditions, high pressure, and high temperature. Moreover, with the advent of Arctic drilling in countries such as Russia and Alaska, the demand for premium grade drill pipe is set to grow further within the next five years.

Africa is projected to grow fastest while North America will continue to dominate the drill pipe market by 2020.

The discoveries of new oil & gas reserves in offshore Africa is one of the major drivers behind the growth of African drill pipe market which is expected to grow fastest. The presence of international oil companies (IOCs) such as Royal Dutch Shell (The Netherlands), British Petroleum (U.K.), and ENI SPA (Italy) among others has brought in technical expertise into the region. This will facilitate effective extraction of these new found resources. Countries such as Angola, Nigeria, Tanzania, and Mozambique are believed to contain some of the largest offshore reserves in the world. New discoveries in the Kwanza basin in Angola by Statoil ASA (Norway) have increased the expectations of the IOCs. This is also due to the fact that the geology of the Kwanza basin resembles that of the subsea pre-salt formations in offshore Brazil. Thus, it is believed to hold vast hydrocarbon reserves as in case of Brazil.

The size of the overall market has been determined by forecast techniques based on region-wise E&P capital expenditure along with the well count, rig count, and oil & gas E&P activities in different regions, which have been validated through primary sources. The primary sources considered for the report included the market players from both the supply side as well as from the demand side. The primary respondents targeted were from all over the world including the drilling and exploration hotspots such as North America, the Middle East, and Africa among others. The respondents were also working at different designation levels ranging from top level management to technical supervisors.

This report also includes the profiles for leading drill pipe manufacturers and providers, such as:
National Oilwell Varco (U.S.), Hilong Group (China), TMK Group (Russia), Tenaris S.A. (Luxembourg), Tejas Tubular Products Inc. (U.S.), Superior Drill pipe Manufacturing, Inc. (U.S.), Vallourec S.A. (France), Oil Country Tubular Limited (India), Texas Steel Conversion Inc. (U.S.), DP Master (China), Jiangyin Long Bright Drill Pipe Manufacture Co. Ltd. (China), and Drill Pipe International LLC (U.S.).

The drill pipe report highlights the current market trends and projections that are expected to affect the future development of the oil & gas exploration industry. The report focuses on the both the qualitative and quantitative factors that affect the future prospects for drill pipe usage. This includes the drivers, restraints, opportunities, and challenges for the market. Also, the company profile section highlights the active companies in the market. Moreover, the analysis of the top 5 companies has been provided in the form of SWOT and MnM view sections.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS AND LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES FOR DRILL PIPES
    • ONSHORE APPLICATIONS ARE EXPECTED TO DOMINATE THE MARKET DURING THE FORECAST PERIOD
    • ONSHORE APPLICATION SEGMENT TO HOLD THE LARGEST SHARE IN THE DRILL PIPE MARKET IN 2015
    • NORTH AMERICA ACCOUNTED FOR THE LARGEST SHARE OF THE DRILL PIPE MARKET IN 2014
    • TOP COUNTRIES IN THE DRILL PIPE MARKET
    • DEMAND FOR ONSHORE APPLICATIONS IS PROJECTED TO INCREASE FROM 2015 TO 2020
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY APPLICATION
      • BY GRADE
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • IMPACT OF MARKET DYNAMICS
    • SUPPLY CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • INTENSITY OF COMPETITIVE RIVALRY
  • DRILL PIPE MARKET, BY APPLICATION
    • INTRODUCTION
      • Table DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • ONSHORE DRILL PIPE MARKET, BY VALUE
        • Table ONSHORE DRILL PIPE MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • OFFSHORE DRILL PIPE MARKET, BY VALUE
        • Table OFFSHORE DRILL PIPE MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • NORTH AMERICA MARKET, BY APPLICATION
      • Table NORTH AMERICA: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • ASIA-PACIFIC MARKET, BY APPLICATION
      • Table ASIA-PACIFIC: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • EUROPE MARKET, BY APPLICATION
      • Table EUROPE: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • LATIN AMERICA MARKET, BY APPLICATION
      • Table LATIN AMERICA: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • MIDDLE EAST MARKET, BY APPLICATION
      • Table MIDDLE EAST: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • AFRICA MARKET, BY APPLICATION
      • Table AFRICA: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
  • DRILL PIPE MARKET, BY GRADE
    • INTRODUCTION
      • Table DRILL PIPE MARKET SIZE, BY GRADE, 2013-2020 (USD MILLION)
      • Table DRILL PIPE MARKET SIZE, BY GRADE, 2013-2020 (`000 SHORT TONS)
    • NORTH AMERICA DRILL PIPE MARKET SIZE, BY GRADE
      • NORTH AMERICAN MARKET SIZE (VALUE), BY GRADE
        • Table NORTH AMERICA: DRILL PIPE MARKET SIZE, BY GRADE, 2013-2020 (USD MILLION)
      • NORTH AMERICAN MARKET SIZE (VOLUME), BY GRADE
        • Table NORTH AMERICA: DRILL PIPE MARKET SIZE, BY GRADE, 2013-2020 (`000 SHORT TONS)
    • ASIA-PACIFIC DRILL PIPE MARKET SIZE, BY GRADE
      • ASIA-PACIFIC MARKET SIZE (VALUE), BY GRADE
        • Table ASIA-PACIFIC: DRILL PIPE MARKET SIZE, BY GRADE, 2013-2020 (USD MILLION)
      • ASIA-PACIFIC MARKET SIZE (VOLUME), BY GRADE
        • Table ASIA-PACIFIC: DRILL PIPE MARKET SIZE, BY GRADE, 2013-2020 (`000 SHORT TONS)
    • EUROPE DRILL PIPE MARKET SIZE, BY GRADE
      • EUROPEAN MARKET SIZE (VALUE), BY GRADE
        • Table EUROPE: DRILL PIPE MARKET SIZE, BY GRADE, 2013-2020 (USD MILLION)
      • EUROPEAN MARKET SIZE (VOLUME), BY GRADE
        • Table EUROPE: DRILL PIPE MARKET SIZE, BY GRADE, 2013-2020 (`000 SHORT TONS)
    • LATIN AMERICA DRILL PIPE MARKET SIZE, BY GRADE
      • LATIN AMERICAN MARKET SIZE (VALUE), BY GRADE
        • Table LATIN AMERICA: DRILL PIPE MARKET SIZE, BY GRADE, 2013-2020 (USD MILLION)
      • LATIN AMERICAN MARKET SIZE (VOLUME), BY GRADE
        • Table LATIN AMERICA: DRILL PIPE MARKET SIZE, BY GRADE, 2013-2020 (`000 SHORT TONS)
    • MIDDLE EAST DRILL PIPE MARKET SIZE, BY GRADE
      • MIDDLE EAST MARKET SIZE (VALUE), BY GRADE
        • Table MIDDLE EAST: DRILL PIPE MARKET SIZE, BY GRADE, 2013-2020 (USD MILLION)
      • MIDDLE EAST MARKET SIZE (VOLUME), BY GRADE
        • Table MIDDLE EAST: DRILL PIPE MARKET SIZE, BY GRADE, 2013-2020 (`000 SHORT TONS)
    • AFRICA DRILL PIPE MARKET SIZE, BY GRADE
      • AFRICAN MARKET SIZE (VALUE), BY GRADE
        • Table AFRICA: DRILL PIPE MARKET SIZE, BY GRADE, 2013-2020 (USD MILLION)
      • AFRICAN MARKET SIZE (VOLUME), BY GRADE
        • Table AFRICA: DRILL PIPE MARKET SIZE, BY GRADE, 2013-2020 (`000 SHORT TONS)
  • DRILL PIPE MARKET, BY REGION
    • INTRODUCTION
      • Table DRILL PIPE MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • Table DRILL PIPE MARKET SIZE, BY REGION, 2013-2020 (`000 SHORT TONS)
      • Table LARGEST MARKET SIZE, BY COUNTRIES, 2013-2020 (USD MILLION)
      • Table FASTEST GROWING MARKET, BY COUNTRIES, 2013-2020 (USD MILLION)
    • NORTH AMERICA DRILL PIPE MARKET
      • Table NORTH AMERICA: DRILL PIPE MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • U.S. MARKET, BY VALUE
        • Table U.S.: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • CANADA MARKET, BY VALUE
        • Table CANADA: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • ASIA-PACIFIC DRILL PIPE MARKET
      • Table ASIA-PACIFIC: DRILL PIPE MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • CHINA MARKET, BY VALUE
        • Table CHINA: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • THAILAND MARKET, BY VALUE
        • Table THAILAND: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • INDIA MARKET, BY VALUE
        • Table INDIA: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • INDONESIA MARKET, BY VALUE
        • Table INDONESIA: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • AUSTRALIA MARKET, BY VALUE
        • Table AUSTRALIA: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • REST OF ASIA-PACIFIC MARKET, BY VALUE
        • Table REST OF ASIA-PACIFIC: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • EUROPE DRILL PIPE MARKET
      • Table EUROPE: DRILL PIPE MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • RUSSIA MARKET, BY VALUE
        • Table RUSSIA: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • NORWAY MARKET, BY VALUE
        • Table NORWAY: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • U.K. MARKET, BY VALUE
        • Table U.K.: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • REST OF EUROPE MARKET, BY VALUE
        • Table REST OF EUROPE: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • LATIN AMERICA DRILL PIPE MARKET
      • Table LATIN AMERICA: DRILL PIPE MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • MEXICO MARKET, BY VALUE
        • Table MEXICO: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • ARGENTINA MARKET, BY VALUE
        • Table ARGENTINA: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • BRAZIL MARKET, BY VALUE
        • Table BRAZIL: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • VENEZUELA MARKET, BY VALUE
        • Table VENEZUELA: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • REST OF LATIN AMERICA MARKET, BY VALUE
        • Table REST OF LATIN AMERICA: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • MIDDLE EAST DRILL PIPE MARKET
      • Table MIDDLE EAST: DRILL PIPE MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • OMAN MARKET, BY VALUE
        • Table OMAN: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • SAUDI ARABIA MARKET, BY VALUE
        • Table SAUDI ARABIA: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • UAE MARKET, BY VALUE
        • Table UAE: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • QATAR MARKET, BY VALUE
        • Table QATAR: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • REST OF MIDDLE EAST MARKET, BY VALUE
        • Table REST OF MIDDLE EAST: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • AFRICA DRILL PIPE MARKET
      • Table AFRICA: DRILL PIPE MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • EGYPT MARKET, BY VALUE
        • Table EGYPT: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • ALGERIA MARKET, BY VALUE
        • Table ALGERIA: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • NIGERIA MARKET, BY VALUE
        • Table NIGERIA: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • ANGOLA MARKET, BY VALUE
        • Table ANGOLA: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • REST OF AFRICA MARKET, BY VALUE
        • Table REST OF AFRICA: DRILL PIPE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET SHARE ANALYSIS, BY KEY PLAYERS
    • COMPETITIVE SITUATION & TRENDS
      • CONTRACTS & AGREEMENTS
        • Table CONTRACTS & AGREEMENTS, 2012-2015
      • EXPANSION
        • Table EXPANSIONS, 2012-2015
      • NEW PRODUCT LAUNCH
        • Table NEW PRODUCT LAUNCHES, 2012-2015
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2012-2015
      • OTHERS
        • Table OTHERS (JOINT VENTURES & RESTRUCTURING), 2012-2015
  • COMPANY PROFILES
    • INTRODUCTION
    • HILONG GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
        • Table HILONG GROUP: PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2015
      • SWOT ANALYSIS
      • MNM VIEW
    • NATIONAL OILWELL VARCO
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
        • Table NATIONAL OILWELL VARCO: PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2015
      • SWOT ANALYSIS
      • MNM VIEW
    • TENARIS S.A.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
        • Table TENARIS S.A.: PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2014
      • SWOT ANALYSIS
      • MNM VIEW
    • VALLOUREC S.A.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
        • Table VALLOUREC S.A.: PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2015
      • SWOT ANALYSIS
      • MNM VIEW
    • TMK GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
        • Table TMK GROUP: PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2015
    • OIL COUNTRY TUBULAR LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
        • Table OIL COUNTRY TUBULAR LIMITED: PRODUCTS & SERVICES OFFERED
      • DEVELOPMENTS
    • TEJAS TUBULAR PRODUCTS INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
        • Table TEJAS TUBULAR PRODUCTS INC.: PRODUCTS OFFERED
      • DEVELOPMENTS, 2014
    • TEXAS STEEL CONVERSION INC.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
        • Table TEXAS STEEL CONVERSION INC.: PRODUCTS & SERVICES OFFERED
      • DEVELOPMENTS
    • DP MASTER
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
        • Table DP MASTER: PRODUCTS OFFERED
      • DEVELOPMENTS
    • JIANGYIN LONG BRIGHT DRILL PIPE MANUFACTURE CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
        • Table JIANGYIN LONG BRIGHT DRILL PIPE MANUFACTURE CO. LTD.: PRODUCTS OFFERED
      • DEVELOPMENTS
    • DRILL PIPE INTERNATIONAL LLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
        • Table DRILL PIPE INTERNATIONAL LLC: PRODUCTS OFFERED
      • DEVELOPMENTS
    • SUPERIOR DRILL PIPE MANUFACTURING, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
        • Table SUPERIOR DRILL PIPE MANUFACTURING, INC.: PRODUCTS & SERVICES OFFERED
      • DEVELOPMENTS, 2012-2013
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • COMPANY DEVELOPMENTS
      • Table CONTRACTS & AGREEMENTS, 2012-2015
      • Table EXPANSIONS, 2012-2015
      • Table NEW PRODUCT LAUNCHES, 2012-2015
      • Table MERGERS & ACQUISITIONS, 2012-2015
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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