Ozone Market Reports projects that the Drill Pipe market size will grow from USD 996.54 Million in 2017 to USD 1290.33 Million by 2023, at an estimated CAGR of 4.4%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
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.
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By Market Players:
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, Inc., , , , , , , ,
Onshore, Offshore, , ,
API Grade, Premium Grade, , ,
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