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Polycrystalline Diamond Compact (PDC) Drill Bit - Global Market Outlook (2017-2026)

Polycrystalline Diamond Compact (PDC) Drill Bit - Global Market Outlook (2017-2026)

According to Stratistics MRC, the Global Polycrystalline Diamond Compact (PDC) Drill Bit Market is accounted for $3.22 billion in 2017 and is expected to reach $5.19 billion by 2026 growing at a CAGR of 5.4% during the forecast period. Rising drilling performances and increasing production of shale gas are some of the key factors fuelling the market growth. However, ecological risks and stringent government policies for hydrocarbon based fuel sources are restraining the market.

Polycrystalline diamond compacts comprise a polycrystalline diamond (PCD) top layer, integrally sintered onto a tungsten carbide substrate by using a high-pressure and high-temperature process. The polycrystalline diamond layer offers controlled wear during the drilling operation, which leads to the retention of a sharp cutting edge. Polycrystalline Diamond Compact (PDC) drill bits have about a default selection, unless the growth is sticky or too hard, where other types of bits are used.

By type, steel body fixed cutters has witnessed considerable growth in the market. These cutters are made from a high alloy steel. These bits can sometimes be repaired and may be good for multiple runs, depending on the application. Steel body bits are often considered with superior blade stand-off and cutter exposure, thus rising ROP. Steel-body PDC drill bit delivers improved ROP while maintaining precise directional control.

North America is expected to retain its dominance throughout the forecast period. The increasing shale gas production is a major factor for this dominance. This is mainly due to the growing oil & gas industry, coupled with the high demand for petroleum. The U.S. holds the majority of shares in the wireline services, as it is the largest consumer of oil and gas.

Some of the key players in the Polycrystalline Diamond Compact (PDC) Drill Bit Market are Baker Hughes, National Oilwell Varco, Atlas Copco, Rubicon Oilfield International Holdings, L.P, Shear Bits, Ulterra, Schlumberger Limited, Halliburton, Drill Master International, Varel, Sichuan Chuanshi Diamond Bit, VBM-Group Open Joint-Stock Company, Western Drilling Tools Inc, Salvatore Torquato, YPP, Sandvik, Weatherford International and Landrill Oil Tools Co., Ltd.

Size of PDC Cutters Covered:
• 9–14mm
• Less Than 9mm
• 15–24mm
• Above 24mm

Types Covered:
• Steel Body
• Matrix Body

Number of Blades Covered:
• Less Than 6
• 6–10
• Above 10

Location of Deployment Covered:
• Offshore
• Onshore

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Emerging Markets
3.7 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market, By Size of PDC Cutter
5.1 Introduction
5.2 9–14mm
5.3 Less Than 9mm
5.4 15–24mm
5.5 Above 24mm
6 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market, By Type
6.1 Introduction
6.2 Steel Body
6.3 Matrix Body
7 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market, By Number of Blades
7.1 Introduction
7.2 Less Than 6
7.3 6–10
7.4 Above 10
8 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market, By Location of Deployment
8.1 Introduction
8.2 Offshore
8.3 Onshore
9 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Baker Hughes
11.2 National Oilwell Varco
11.3 Atlas Copco
11.4 Rubicon Oilfield International Holdings, L.P.
11.5 Shear Bits
11.6 Ulterra
11.7 Schlumberger Limited
11.8 Halliburton
11.9 Drill Master International
11.10 Varel
11.11 Sichuan Chuanshi Diamond Bit
11.12 VBM-Group Open Joint-Stock Company
11.13 Western Drilling Tools Inc
11.14 Salvatore Torquato
11.15 YPP
11.16 Sandvik
11.17 Weatherford International
11.18 Landrill Oil Tools Co., Ltd.
List of Tables
Table 1 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Region (2016-2026) (US $MN)
Table 2 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Size of PDC Cutter (2016-2026) (US $MN)
Table 3 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By 9–14mm (2016-2026) (US $MN)
Table 4 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Less Than 9mm (2016-2026) (US $MN)
Table 5 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By 15–24mm (2016-2026) (US $MN)
Table 6 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Above 24mm (2016-2026) (US $MN)
Table 7 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Type (2016-2026) (US $MN)
Table 8 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Steel Body (2016-2026) (US $MN)
Table 9 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Matrix Body (2016-2026) (US $MN)
Table 10 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Number of Blades (2016-2026) (US $MN)
Table 11 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Less Than 6 (2016-2026) (US $MN)
Table 12 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By 6–10 (2016-2026) (US $MN)
Table 13 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Above 10 (2016-2026) (US $MN)
Table 14 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Location of Deployment (2016-2026) (US $MN)
Table 15 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Offshore (2016-2026) (US $MN)
Table 16 Global Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Onshore (2016-2026) (US $MN)
Table 17 North America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Country (2016-2026) (US $MN)
Table 18 North America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Size of PDC Cutter (2016-2026) (US $MN)
Table 19 North America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By 9–14mm (2016-2026) (US $MN)
Table 20 North America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Less Than 9mm (2016-2026) (US $MN)
Table 21 North America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By 15–24mm (2016-2026) (US $MN)
Table 22 North America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Above 24mm (2016-2026) (US $MN)
Table 23 North America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Type (2016-2026) (US $MN)
Table 24 North America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Steel Body (2016-2026) (US $MN)
Table 25 North America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Matrix Body (2016-2026) (US $MN)
Table 26 North America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Number of Blades (2016-2026) (US $MN)
Table 27 North America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Less Than 6 (2016-2026) (US $MN)
Table 28 North America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By 6–10 (2016-2026) (US $MN)
Table 29 North America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Above 10 (2016-2026) (US $MN)
Table 30 North America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Location of Deployment (2016-2026) (US $MN)
Table 31 North America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Offshore (2016-2026) (US $MN)
Table 32 North America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Onshore (2016-2026) (US $MN)
Table 33 Europe Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Country (2016-2026) (US $MN)
Table 34 Europe Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Size of PDC Cutter (2016-2026) (US $MN)
Table 35 Europe Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By 9–14mm (2016-2026) (US $MN)
Table 36 Europe Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Less Than 9mm (2016-2026) (US $MN)
Table 37 Europe Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By 15–24mm (2016-2026) (US $MN)
Table 38 Europe Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Above 24mm (2016-2026) (US $MN)
Table 39 Europe Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Type (2016-2026) (US $MN)
Table 40 Europe Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Steel Body (2016-2026) (US $MN)
Table 41 Europe Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Matrix Body (2016-2026) (US $MN)
Table 42 Europe Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Number of Blades (2016-2026) (US $MN)
Table 43 Europe Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Less Than 6 (2016-2026) (US $MN)
Table 44 Europe Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By 6–10 (2016-2026) (US $MN)
Table 45 Europe Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Above 10 (2016-2026) (US $MN)
Table 46 Europe Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Location of Deployment (2016-2026) (US $MN)
Table 47 Europe Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Offshore (2016-2026) (US $MN)
Table 48 Europe Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Onshore (2016-2026) (US $MN)
Table 49 Asia Pacific Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Country (2016-2026) (US $MN)
Table 50 Asia Pacific Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Size of PDC Cutter (2016-2026) (US $MN)
Table 51 Asia Pacific Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By 9–14mm (2016-2026) (US $MN)
Table 52 Asia Pacific Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Less Than 9mm (2016-2026) (US $MN)
Table 53 Asia Pacific Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By 15–24mm (2016-2026) (US $MN)
Table 54 Asia Pacific Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Above 24mm (2016-2026) (US $MN)
Table 55 Asia Pacific Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Type (2016-2026) (US $MN)
Table 56 Asia Pacific Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Steel Body (2016-2026) (US $MN)
Table 57 Asia Pacific Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Matrix Body (2016-2026) (US $MN)
Table 58 Asia Pacific Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Number of Blades (2016-2026) (US $MN)
Table 59 Asia Pacific Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Less Than 6 (2016-2026) (US $MN)
Table 60 Asia Pacific Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By 6–10 (2016-2026) (US $MN)
Table 61 Asia Pacific Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Above 10 (2016-2026) (US $MN)
Table 62 Asia Pacific Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Location of Deployment (2016-2026) (US $MN)
Table 63 Asia Pacific Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Offshore (2016-2026) (US $MN)
Table 64 Asia Pacific Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Onshore (2016-2026) (US $MN)
Table 65 South America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Country (2016-2026) (US $MN)
Table 66 South America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Size of PDC Cutter (2016-2026) (US $MN)
Table 67 South America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By 9–14mm (2016-2026) (US $MN)
Table 68 South America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Less Than 9mm (2016-2026) (US $MN)
Table 69 South America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By 15–24mm (2016-2026) (US $MN)
Table 70 South America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Above 24mm (2016-2026) (US $MN)
Table 71 South America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Type (2016-2026) (US $MN)
Table 72 South America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Steel Body (2016-2026) (US $MN)
Table 73 South America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Matrix Body (2016-2026) (US $MN)
Table 74 South America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Number of Blades (2016-2026) (US $MN)
Table 75 South America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Less Than 6 (2016-2026) (US $MN)
Table 76 South America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By 6–10 (2016-2026) (US $MN)
Table 77 South America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Above 10 (2016-2026) (US $MN)
Table 78 South America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Location of Deployment (2016-2026) (US $MN)
Table 79 South America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Offshore (2016-2026) (US $MN)
Table 80 South America Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Onshore (2016-2026) (US $MN)
Table 81 Middle East & Africa Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Country (2016-2026) (US $MN)
Table 82 Middle East & Africa Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Size of PDC Cutter (2016-2026) (US $MN)
Table 83 Middle East & Africa Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By 9–14mm (2016-2026) (US $MN)
Table 84 Middle East & Africa Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Less Than 9mm (2016-2026) (US $MN)
Table 85 Middle East & Africa Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By 15–24mm (2016-2026) (US $MN)
Table 86 Middle East & Africa Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Above 24mm (2016-2026) (US $MN)
Table 87 Middle East & Africa Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Type (2016-2026) (US $MN)
Table 88 Middle East & Africa Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Steel Body (2016-2026) (US $MN)
Table 89 Middle East & Africa Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Matrix Body (2016-2026) (US $MN)
Table 90 Middle East & Africa Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Number of Blades (2016-2026) (US $MN)
Table 91 Middle East & Africa Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Less Than 6 (2016-2026) (US $MN)
Table 92 Middle East & Africa Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By 6–10 (2016-2026) (US $MN)
Table 93 Middle East & Africa Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Above 10 (2016-2026) (US $MN)
Table 94 Middle East & Africa Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Location of Deployment (2016-2026) (US $MN)
Table 95 Middle East & Africa Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Offshore (2016-2026) (US $MN)
Table 96 Middle East & Africa Polycrystalline Diamond Compact (PDC) Drill Bit Market Outlook, By Onshore (2016-2026) (US $MN)

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