The global Drill Pipe market was valued at 884.66 Million USD in 2021 and will grow with a CAGR of 2.12% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Largest application for the drill pipe market is onshore primarily due to the large number of E&P activities being carried onshore as compared to offshore. Moreover, the presence of large unconventional resources onshore in countries such as China, Argentina, Venezuela, Canada, and the U.S. has also boosted the demand for drill pipe market. On the other hand, growing E&P activities in offshore regions within countries such as Angola, Norway, and the U.S. is also one of the reasons behind the growth of the drill pipe market for offshore applications.

By Market Verdors:

Hilong Group

National Oilwell Varco

Tenaris S.A.

Vallourec S.A.

TMK Group

Oil Country Tubular Limited

Tejas Tubular Products Inc.

Texas Steel Conversion Inc.

DP Master

Jiangyin Long Bright Drill Pipe Manufacture Co. Ltd.

Drill Pipe International Llc

Superior Drill Pipe Manufacturing

By Types:

API grade

Premium grade

By Applications:

Onshore

Offshore

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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