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Drill Pipe Market Growth Analysis and Trends Forecast to 2024

Author : Rahul Sankrityayan | Published Date : 2019-05-30 

Global Market Insights, Inc. Add New Drill Pipe Market 2019 - 2024 research report providing information and data By Application, By Product, Industry Analysis, Regional Outlook, Application Potential, Trends, Competitive Market Share & Forecast spreading across 410 Pages with table and figures in it.  

The U.S. drill pipe market is set to surpass annual deployment of 13 million feet by 2024. Increasing exploration of unconventional wells coupled with ongoing capital expenditure from independent players will stimulate the industry growth in the country.

Key Highlights of this report: 

Pages:410

Data Tables:866

Figures & Charts:73

Historical data: 2013 to 2015

Growth Projections: 2016 to 2025.

Country: North America, Europe, Asia Pacific, Middle East and Africa

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/796 

The U.S. drill pipe market is set to surpass annual deployment of 13 million feet by 2024. Increasing exploration of unconventional wells coupled with ongoing capital expenditure from independent players will stimulate the industry growth in the country.

According to the U.S. Energy Information Administration, 44 onshore oil companies have augmented their capex by 72% from 2015 to 2016 in the country. Furthermore, availability of proven technically recoverable shale oil and gas reserves will further enhance the product adoption.

Growth Drivers:

North America & Europe

  • Shifting trends toward unconventional wells

Asia Pacific

  • Growing crude oil consumption
  • Huge untapped potential

Middle East and Africa

  • Ongoing expenditure toward O&G projects

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/796  

The increasing number of oil and gas drilling activities across the globe have been notably fueling the requirement of drill rigs. As per estimates, global rig count is poised for an increase since 2016 and is likely to fuel the demand for onshore drilling activities. This in consequence would have a transformational impact on drill pipe industry size from onshore applications.

 Segment:

Chapter 4  Drill Pipe Market, By Product

4.1  Drill pipe market share by product, 2017 & 2024

4.2  API grade

4.2.1  Global market from API grade, 2014 – 2024

4.2.2  Global market from API grade, by region,2014 – 2024

4.3  Premium grade

4.3.1  Global market from premium grade, 2014 – 2024

4.3.2  Global market from premium grade, by region, 2014 – 2024

Chapter 5  Drill Pipe Market, By Application

5.1  Drill pipe market share by application, 2017 & 2024

5.2  Onshore

5.2.1  Global market from onshore, 2014 – 2024

5.2.2  Global market from onshore,2014 – 2024

5.3  Offshore

5.3.1  Global market from offshore, 2014 – 2024

5.3.2  Global market from offshore, by region, 2014 – 2024

Methodology

At Global Market Insights, our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the industry. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc.  Primary objectives of data mining include:

  • Definition and scope of research
  • Market dynamics, growth drivers and industry pitfalls
  • Regulatory and political guidelines for the industry
  • Demographics and statistical data

All the above factors are identified and analyzed in detail, with their present and expected market impact, which is quantified and used to derive market growth expectation. Market forecast is built using statistical analysis with models built around time-variance, regression and correlation analytics.

Significant emphasis is put on primary research, which serves the dual role or not only validating our findings but also obtaining penetrating market insights, which help us gain more clarity regarding business environment and competitive leverage. Notable participants in our primary research process include:

  • Leadership figures such as CEOs, CSOs, VPs etc. in key companies
  • Supply-chain participants, distributors and domain experts
  • Key customers and B2B clients

 

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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