OCTG Market 2022 Industry Outlook, Current Status, Supply-Demand, Growth Opportunities and Top Players Analysis 2027

(The Express Wire via Comtex)

"OCTG Market" valuation is projected to reach 56480 Mn USD by 2026, and it is estimated to be valued at 40690 Mn USD In 2022 with registering 5.6% CAGR throughout the forecast period. The market is segmented on the basis of End-user Industry (Onshore, Offshore), By Type (Tubing, Casing, Drill Pipe), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa)

OCTG Market Research Report is spread across 90 Pages and provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.


The outbreak of COVID-19 has severely impacted the overall supply chain of the OCTG market. The halt in production and end use sector operations have affected the OCTG market. The pandemic has affected the overall growth of the industry In 2020 and at the start of 2021, Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in disruptions in import and export activities of OCTG.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

Final Report will add the analysis of the impact of COVID-19 on this industry.


The OCTG market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.

It also provides accurate information and cutting-edge analysis that is necessary to formulate an ideal business plan, and to define the right path for rapid growth for all involved industry players. With this information, stakeholders will be more capable of developing new strategies, which focus on market opportunities that will benefit them, making their business endeavors profitable in the process.

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Who are the key Players in the OCTG market?

● Nippon Steel
● Vallourec
● Tenaris
● Sumitomo Metal Corporation
● National Oilwell Varco
● Tmk Group
● U. S. Steel Tubular Products
● ILJIN Steel
● Anhui Tianda Oil Pipe

And More..

Short Description About OCTG Market 2022:

Oil country tubular goods (OCTG) is a family of seamless rolled products consisting of drill pipe, casing and tubing subjected to loading conditions according to their specific application.

Drill pipe is heavy seamless tube that rotates the drill bit and circulates drilling fluid. Pipe segments 30 ft (9m) long are coupled with tool joints. Drill pipe is simultaneously subjected to high torque by drilling, axial tension by its dead weight, and internal pressure by purging of drilling fluid. Additionally, alternating bending loads due to non-vertical or deflected drilling may be superimposed on these basic loading patterns. Casing pipe lines the borehole. It is subject to axial tension by its dead weight, internal pressure by fluid purging, and external pressure by surrounding rock formations. Casing is particularly exposed to axial tension and internal pressure by the pumped oil or gas emulsion. Tubing is pipe through which the oil or gas is transported from the wellbore. Tubing segments are generally around 30 ft (9 m) long with a threaded connection on each end.

Global OCTG Market Analysis and Insights:

The Global OCTG market size is projected to reach USD 56480 million by 2026, from USD 40690 million in 2020, at a CAGR of 5.6% during 2021-2026.

This report focuses on OCTG volume and value at the global level, regional level and company level. From a global perspective, this report represents overall OCTG market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.

Scope of the OCTG Market Report:

The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Get a Sample Copy of the OCTG Market Report 2022

OCTG Market 2022 is segmented as per type of product and application. Each segment is carefully analyzed for exploring its market potential. All of the segments are studied in detail on the basis of market size, CAGR, market share, consumption, revenue and other vital factors.

Which product segment is expected to garner highest traction within the OCTG Market In 2022:

● Tubing
● Casing
● Drill Pipe

Which are the key drivers supporting the growth of the OCTG market?

● Onshore
● Offshore

Which region is expected to hold the highest market share in the OCTG Market?

● North America (United States, Canada and Mexico)
● Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
● Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
● South America (Brazil, Argentina, Columbia etc.)
● Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

This OCTG Market Research/Analysis Report Contains Answers to your following Questions

● Which Manufacturing Technology is used for OCTG? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
● Who Are the Global Key Players in This OCTG Market? What are Their Company Profile, Their Product Information, and Contact Information?
● What Was Global Market Status of OCTG Market? What Was Capacity, Production Value, Cost and PROFIT of OCTG Market?
● What Is Current Market Status of OCTG Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of OCTG Market by Taking Applications and Types in Consideration?
● What Are Projections of Global OCTG Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
● What Is OCTG Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
● What Is Economic Impact On OCTG Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
● What Are Market Dynamics of OCTG Market? What Are Challenges and Opportunities?
● What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for OCTG Industry?

Our research analysts will help you to get customized details for your report, which can be modified in terms of a specific region, application or any statistical details. In addition, we are always willing to comply with the study, which triangulated with your own data to make the market research more comprehensive in your perspective.

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Major Points from Table of Contents:

Global OCTG Market Research Report 2022-2026, by Manufacturers, Regions, Types and Applications

1 OCTG Market Overview

1.1 Product Overview and Scope of OCTG
1.2 OCTG Segment by Type
1.2.1 Global OCTG Market Size Growth Rate Analysis by Type 2022 VS 2026
1.3 OCTG Segment by Application
1.3.1 Global OCTG Consumption Comparison by Application: 2022 VS 2026
1.4 Global Market Growth Prospects
1.4.1 Global OCTG Revenue Estimates and Forecasts (2017-2026)
1.4.2 Global OCTG Production Estimates and Forecasts (2017-2026)
1.5 Global Market Size by Region
1.5.1 Global OCTG Market Size Estimates and Forecasts by Region: 2017 VS 2021 VS 2026
1.5.2 North America OCTG Estimates and Forecasts (2017-2026)
1.5.3 Europe OCTG Estimates and Forecasts (2017-2026)
1.5.4 China OCTG Estimates and Forecasts (2017-2026)
1.5.5 Japan OCTG Estimates and Forecasts (2017-2026)

2 Market Competition by Manufacturers
2.1 Global OCTG Production Market Share by Manufacturers (2017-2022)
2.2 Global OCTG Revenue Market Share by Manufacturers (2017-2022)
2.3 OCTG Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.4 Global OCTG Average Price by Manufacturers (2017-2022)
2.5 Manufacturers OCTG Production Sites, Area Served, Product Types
2.6 OCTG Market Competitive Situation and Trends
2.6.1 OCTG Market Concentration Rate
2.6.2 Global 5 and 10 Largest OCTG Players Market Share by Revenue
2.6.3 Mergers and Acquisitions, Expansion

3 Production by Region
3.1 Global Production of OCTG Market Share by Region (2017-2022)
3.2 Global OCTG Revenue Market Share by Region (2017-2022)
3.3 Global OCTG Production, Revenue, Price and Gross Margin (2017-2022)
3.4 North America OCTG Production
3.4.1 North America OCTG Production Growth Rate (2017-2022)
3.4.2 North America OCTG Production, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe OCTG Production
3.5.1 Europe OCTG Production Growth Rate (2017-2022)
3.5.2 Europe OCTG Production, Revenue, Price and Gross Margin (2017-2022)
3.6 China OCTG Production
3.6.1 China OCTG Production Growth Rate (2017-2022)
3.6.2 China OCTG Production, Revenue, Price and Gross Margin (2017-2022)
3.7 Japan OCTG Production
3.7.1 Japan OCTG Production Growth Rate (2017-2022)
3.7.2 Japan OCTG Production, Revenue, Price and Gross Margin (2017-2022)

4 Global OCTG Consumption by Region
4.1 Global OCTG Consumption by Region
4.1.1 Global OCTG Consumption by Region
4.1.2 Global OCTG Consumption Market Share by Region
4.2 North America
4.2.1 North America OCTG Consumption by Country
4.2.2 U.S.
4.2.3 Canada
4.3 Europe
4.3.1 Europe OCTG Consumption by Country
4.3.2 Germany
4.3.3 France
4.3.4 U.K.
4.3.5 Italy
4.3.6 Russia
4.4 Asia Pacific
4.4.1 Asia Pacific OCTG Consumption by Region
4.4.2 China
4.4.3 Japan
4.4.4 South Korea
4.4.5 China Taiwan
4.4.6 Southeast Asia
4.4.7 India
4.4.8 Australia
4.5 Latin America
4.5.1 Latin America OCTG Consumption by Country
4.5.2 Mexico
4.5.3 Brazil

Get a Sample Copy of the OCTG Market Report 2022

5 Segment by Type
5.1 Global OCTG Production Market Share by Type (2017-2022)
5.2 Global OCTG Revenue Market Share by Type (2017-2022)
5.3 Global OCTG Price by Type (2017-2022)
6 Segment by Application
6.1 Global OCTG Production Market Share by Application (2017-2022)
6.2 Global OCTG Revenue Market Share by Application (2017-2022)
6.3 Global OCTG Price by Application (2017-2022)

7 Key Companies Profiled
7.1 Information
7.1.2 Product Portfolio
7.1.3 Production, Revenue, Price and Gross Margin (2017-2022)
7.1.4 Main Business and Markets Served
7.1.5 Recent Developments/Updates

8 OCTG Manufacturing Cost Analysis
8.1 OCTG Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of OCTG
8.4 OCTG Industrial Chain Analysis

9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 OCTG Distributors List
9.3 OCTG Customers

10 Market Dynamics
10.1 OCTG Industry Trends
10.2 OCTG Market Drivers
10.3 OCTG Market Challenges
10.4 OCTG Market Restraints

11 Production and Supply Forecast
11.1 Global Forecasted Production of OCTG by Region (2023-2026)
11.2 North America OCTG Production, Revenue Forecast (2023-2026)
11.3 Europe OCTG Production, Revenue Forecast (2023-2026)
11.4 China OCTG Production, Revenue Forecast (2023-2026)
11.5 Japan OCTG Production, Revenue Forecast (2023-2026)

12 Consumption and Demand Forecast
12.1 Global Forecasted Demand Analysis of OCTG
12.2 North America Forecasted Consumption of OCTG by Country
12.3 Europe Market Forecasted Consumption of OCTG by Country
12.4 Asia Pacific Market Forecasted Consumption of OCTG by Region
12.5 Latin America Forecasted Consumption of OCTG by Country

13 Forecast by Type and by Application (2023-2026)
13.1 Global Production, Revenue and Price Forecast by Type (2023-2026)
13.1.1 Global Forecasted Production of OCTG by Type (2023-2026)
13.1.2 Global Forecasted Revenue of OCTG by Type (2023-2026)
13.1.3 Global Forecasted Price of OCTG by Type (2023-2026)
13.2 Global Forecasted Consumption of OCTG by Application (2023-2026)
13.2.1 Global Forecasted Production of OCTG by Application (2023-2026)
13.2.2 Global Forecasted Revenue of OCTG by Application (2023-2026)
13.2.3 Global Forecasted Price of OCTG by Application (2023-2026)

14 Research Finding and Conclusion

15 Methodology and Data Source
15.1 Methodology/Research Approach
15.1.1 Research Programs/Design
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 Data Source
15.2.1 Secondary Sources
15.2.2 Primary Sources
15.3 Author List
15.4 Disclaimer


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