MarketIntelReports Forecasts Global Drill Pipe Market to Grow at a CAGR of 3.47% During 2023
Drill Pipe Market report of 114 pages, covers Market analysis, Market size with a focus on trends, developments, mergers and acquisitions, Market share analysis, companies both manufacturers and end users, and futuristic opportunities.
(EMAILWIRE.COM, June 12, 2018 ) Singapore.
A Global Report titled Pipe Market report has been added to Market Intel Reports, Library of 2.5milion Market reports.
About the market report:
Drill Pipe plays a crucial role in oil and gas exploration activities as they have to withstand enormous stress, load and heat during drilling operations. They are a critical part of the drilling operation as any failure can result in delays and operation and cost losses. The requirements of drill pipes for drilling operations get very stringent along the depth of the well. Furthermore, in well drilling operations, the well has to be drilled through rocky layers on land and sometimes inside the sea. As global oil and gas exploration activities are shifting towards difficult geographical areas, the demand for higher and better quality drill pipes are increasing in the recent years.
The global Drill Pipe market is expected to grow at 3.47% CAGR during the forecast period. In 2016, the market was led by North America, with a 39.1% share, followed by Europe and Asia-Pacific with shares of 20.2% and 13.5%, respectively.
To access the full table of contents of the report click below: <||>rnhttps://www.marketintelreports.com/report/mrf0075/global-drill-pipe-market
The market is driven by various factors such as increasing investment in oil exploration activities, advancement in drilling technologies. Especially in the U.S., Canada, Russia, the oil and gas industry is determined to install many rigs for oil & gas exploration, and these are expected to drive the market for drill pipes in near future. However, the growth of this market is expected to be hindered by high capital cost for drilling and stringent regulations for drilling activities. Drill pipe market is segmented into application, grade and region wise. On the basis of application, Onshore accounted for the largest market share of 58.68% in 2016 and is projected to grow at a CAGR of 2.12% during the forecast period. On the basis of grade, it is segmented into API grade and premium grade. API Grade accounted for the largest market share and expected to grow at a CAGR of 3.15%.
There are 9 Chapters to deeply display the global Corrugated Plastic Board market.
To find out more of the report or request some customization: <||>rnhttps://www.marketintelreports.com/inquiry-before-buying.php?id=mrf0075
Table of Contents-Key Points Covered –
2.1 Definition
2.2 Scope of the Study
2.3 Assumptions
2.4 Market Structure
3 Research
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
………….
6 Global Drill Pipe Market, By Application
6.1 Overview
6.2 Onshore
6.3 Offshore
7 Global Drill Pipe Market, By Grade
7.1 Overview
7.2 API Grade
Continued…..
Complete Report Details @ https://www.marketintelreports.com/report/mrf0075/global-drill-pipe-market
About us:
MIR intends to be a one-stop shop with an intuitive design, exhaustive database, expert assistance, secure cart checkout and data privacy integrated. It curates the list of reports, publishers, and studies to ensure that the database is constantly updated to dynamically meet the targeted, specific needs of our clients.
MarketIntelReports currently has more than 2.5 million titles and 200 publishers on our platform and are growing consistently to fill the “World Intelligence Demand – Supply Gap”. We cover more than 15 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Building & Construction, Agriculture, Food & Beverages, Banking & Finance, Media and Government, Public Sector Studies.
A Global Report titled Pipe Market report has been added to Market Intel Reports, Library of 2.5milion Market reports.
About the market report:
Drill Pipe plays a crucial role in oil and gas exploration activities as they have to withstand enormous stress, load and heat during drilling operations. They are a critical part of the drilling operation as any failure can result in delays and operation and cost losses. The requirements of drill pipes for drilling operations get very stringent along the depth of the well. Furthermore, in well drilling operations, the well has to be drilled through rocky layers on land and sometimes inside the sea. As global oil and gas exploration activities are shifting towards difficult geographical areas, the demand for higher and better quality drill pipes are increasing in the recent years.
The global Drill Pipe market is expected to grow at 3.47% CAGR during the forecast period. In 2016, the market was led by North America, with a 39.1% share, followed by Europe and Asia-Pacific with shares of 20.2% and 13.5%, respectively.
To access the full table of contents of the report click below: <||>rnhttps://www.marketintelreports.com/report/mrf0075/global-drill-pipe-market
The market is driven by various factors such as increasing investment in oil exploration activities, advancement in drilling technologies. Especially in the U.S., Canada, Russia, the oil and gas industry is determined to install many rigs for oil & gas exploration, and these are expected to drive the market for drill pipes in near future. However, the growth of this market is expected to be hindered by high capital cost for drilling and stringent regulations for drilling activities. Drill pipe market is segmented into application, grade and region wise. On the basis of application, Onshore accounted for the largest market share of 58.68% in 2016 and is projected to grow at a CAGR of 2.12% during the forecast period. On the basis of grade, it is segmented into API grade and premium grade. API Grade accounted for the largest market share and expected to grow at a CAGR of 3.15%.
There are 9 Chapters to deeply display the global Corrugated Plastic Board market.
To find out more of the report or request some customization: <||>rnhttps://www.marketintelreports.com/inquiry-before-buying.php?id=mrf0075
Table of Contents-Key Points Covered –
2.1 Definition
2.2 Scope of the Study
2.3 Assumptions
2.4 Market Structure
3 Research
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
………….
6 Global Drill Pipe Market, By Application
6.1 Overview
6.2 Onshore
6.3 Offshore
7 Global Drill Pipe Market, By Grade
7.1 Overview
7.2 API Grade
Continued…..
Complete Report Details @ https://www.marketintelreports.com/report/mrf0075/global-drill-pipe-market
About us:
MIR intends to be a one-stop shop with an intuitive design, exhaustive database, expert assistance, secure cart checkout and data privacy integrated. It curates the list of reports, publishers, and studies to ensure that the database is constantly updated to dynamically meet the targeted, specific needs of our clients.
MarketIntelReports currently has more than 2.5 million titles and 200 publishers on our platform and are growing consistently to fill the “World Intelligence Demand – Supply Gap”. We cover more than 15 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Building & Construction, Agriculture, Food & Beverages, Banking & Finance, Media and Government, Public Sector Studies.
Contact Information:
MarketIntelReports
Lakshmi
Tel: 1-302-261-5343
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
MarketIntelReports
Lakshmi
Tel: 1-302-261-5343
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results