Global Drill Pipe Market Report 2024

Drill Pipe Global Market Report 2024 – By Type (Standard Drill Pipes, Heavy Weight Drill Pipes, Drill Collars), By Material (Alloys, Composites, Other Materials), By Application (Offshore, Onshore), By Industry (Oil And Gas Industry, Mining Industry, Agriculture Industry, Other Industries) – Market Size, Trends, And Global Forecast 2024-2033

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Drill Pipe Global Market Report 2024

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Drill Pipe Market Definition And Segments

The drill pipe refers to a seamless steel pipe made up of the drill string and is the main part of the complete drill string. It is hollow to enable the pumping of drilling fluid through the bit and back up the annulus and down the hole.

The main types of drill pipes are standard drill pipes, heavy-weight drill pipes and drill collars. The standard drill pipe is a long, tubular piece of pipe that makes up the bulk of the drill string. The materials involved are alloys, composites and others that are used for offshore and onshore applications in the oil and gas industry, mining industry, agriculture industry and other industries.

The drill pipe market covered in this report is segmented –

1) By Type: Standard Drill Pipes, Heavy Weight Drill Pipes, Drill Collars

2) By Material: Alloys, Composites, Other Materials

3) By Application: Offshore, Onshore

4) By Industry: Oil And Gas Industry, Mining Industry, Agriculture Industry, Other Industries

The drill pipe market size has grown strongly in recent years. It will grow from $1.43 billion in 2023 to $1.52 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to increased oil and gas exploration boom, investments in offshore exploration, environmental and safety regulations, infrastructure development, global economic trends.

The drill pipe market size is expected to see strong growth in the next few years. It will grow to $1.88 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to renewable energy transition, emerging market opportunities innovation in materials, energy transition policies, geopolitical factors. Major trends in the forecast period include increasing demand in oil and gas exploration, technological advancements, environmental regulations impact, market consolidation and competition, supply chain challenges .

Surge In Rig Drilling Operations Propels Expansion Of The Drill Pipe Market

The increasing rig drilling operations are expected to propel the growth of the drill pipe market going forward. A drilling rig is an integrated system that penetrates the subsurface of the ground to create wells, such as water or oil wells, or holes for piling and other building needs. Drill pipe is a type of pipeline used on drilling rigs that is hollow, thin-walled, and made of steel or an aluminum alloy. For instance, in February 2023, according to Baker Hughes Company, a US-based oil field services company, the number of drilling rigs operating in the US climbed by 2 units to 761 rigs for the week ending February 10, a rise of 126 units from the 635 rigs operating at the same time last year. Therefore, increasing rig drilling operations are driving the growth of the drill pipe market.

Rising Demand For Crude Oil And Natural Gas Drives Drill Pipe Market

The increasing demand for crude oil and natural gas is expected to propel the growth of drill pipe market going forward. Crude oil, also known as petroleum, refers to a liquid hydrocarbon mixture that is typically found in underground reservoirs, while natural gas is a blend of hydrocarbon gases made up mostly of methane (CH4) with minor components of ethane, propane, and butane. The demand for drill pipes in the oil and gas industry persists due to their crucial role in transmitting drilling fluid and facilitating efficient drilling operations. For instance, in March 2023, according to the US Energy Information Administration, a US-based federal statistical system, there will be an increase in U.S. crude oil output to 12.4 million b/d in 2023 from the record-high of 11.7 million b/d in 2022. Furthermore, in September 2022, the US consumed an average of 86.6 billion cubic feet of natural gas per day (Bcf/d), the highest annual consumption of natural gas in the U.S. as compared to the previous year., Therefore, the increasing demand for crude oil and natural gas is driving the growth of the drill pipe market.

Major companies operating in the drill pipe market report are Hilong Group of Companies Ltd., Oil Country Tubular Ltd., Texas Steel Conversion Inc., Drill Pipe International LLC, National Oilwell Varco Inc., PetroMaterials Corporation, Tejas Tubular Products Inc., Tenaris S.A, TMK Steel Limited, Weatherrock Group Holding Limited, DP-Master Manufacturing Ltd., RK Pipe & Supply LLC, Jindal Saw Ltd., Alcoa Oil & Gas Inc., International Drilling Services Ltd., Hunting PLC, Challenger International Inc., Premier Drill Products LLC, Vallourec SA, Jiangyin Long Bright Drill Pipe Manufacture Co. Ltd., TPCO Enterprise Inc., United States Steel Corporation, Superior Drillpipe Manufacturing Inc., TenarisHydril, ERUI International Electronic Commerce Co. Ltd., ILJIN Steel Corporation, EVRAZ North America, TPS Technitube Röhrenwerk GmbH, JFE Steel Corporation, Tenergy Equipment & Service Limited, Hubei Petrokh Machine Manufacturing Limited Company, Shandong Molong Petroleum Machinery Co. Ltd., Wuxi Eastsun Bright Steel Tube Co. Ltd., Kelly Pipe Co. LLC, St. Louis Pipe & Supply, Shanxi Fenglei Drilling Tools Co. Ltd., Deep Drill Supply Group, Zhejiang Shihao Industry & Trade Co. Ltd., Zekelman Industries Inc., Wuhan Xinxing Copper & Aluminum Company Limited

Revolutionizing Drilling With Smart Horizontal Directional Drilling (HDD) Technology

Technological advancements are a key trend gaining popularity in the drill pipe market. Major companies operating in the drill pipe market are adopting new technologies to sustain their position in the market. For instance, in April 2022, Vermeer Corporation, a US-based industrial and agricultural machines manufacturer company launched 550,000-pound (249,475.8-kg) D550 HDD (Horizontal directional drilling), a newest generation of maxi rig drills backed with HDD technology. Horizontal directional drilling (HDD) is a smart drilling technology that involves drilling a tunnel under a canal or other defined region and then pulling a pipeline or other utility through the tunnel. It entails precise drilling along the selected bore path and back reaming the necessary pipe using a directional drilling machine and related equipment. During HDD drilling, the earth is pushed to one side rather than brought to the surface to prevent spreading soil contamination above ground. Additionally, because the pipe connections are durable, tainted dirt should not enter the system.

Revolutionary Mechanical Drill Pipe Swivel For Enhanced Performance In Extended Reach Drilling

Major companies operating in the market are developing innovative products such as drill pipe swivel to enhance drilling efficiency, safety, and overall performance in response to the evolving needs of the industry. A drill pipe swivel is a mechanical device used in drilling operations to allow the rotation of the drill string while providing a connection for the flow of drilling mud, enabling efficient and controlled drilling in the oil and gas industry. For instance, in May 2023, Deep Casing Tools, a Scotland based energy development company, launched MechLOK-T, a fully mechanical drill pipe swivel designed to address challenges related to friction and buckling, particularly in long, horizontal extended reach drilling (ERD) wells. This state-of-the-art tool enables operators to effortlessly reach target depths on the first attempt, providing improved efficiency, reliability, and significant time and cost savings. Operating independently of hydraulics, MechLOK-T can be deployed on any string where reaching target depth is hindered by frictional issues. By facilitating rotation above the liner or completion, the tool effectively reduces drag, redistributes friction, and mitigates helical buckling of the work-string. This capability allows operators to apply increased weight at the tool, aiding completions and liners in reaching target depth even in the most complex well environments.

Mincon Group Enhances Portfolio With Acquisition Of Spartan Drill Tools, Reinforcing Position In Drill Pipe Manufacturing

In January 2021, Mincon Group PLC, a US-based rock drilling services company acquired Spartan Drill Tools for an undisclosed amount. This acquisition will strengthen Mincon by expanding the company and caring for the consumer by producing high-quality goods. Spartan Drill Tools is a US-based drill pipe manufacturer and supplier company.

North America was the largest region in the drill pipe market in 2023. Middle-East and Africa are expected to be the fastest-growing region in the global drill pipe market report during the forecast period. The regions covered in the drill pipe market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the drill pipe market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The drill pipe market consists of sales of drill strings, N-class pipes, P-class pipes, and C-class pipes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The drill pipe market research report is one of a series of new reports from The Business Research Company that provides drill pipe market statistics, including drill pipe industry global market size, regional shares, competitors with drill pipe market share, detailed drill pipe market segments, market trends, and opportunities, and any further data you may need to thrive in the drill pipe industry. This drill pipe market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Drill Pipe Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $1.52 billion
Revenue Forecast In 2033 $1.88 billion
Growth Rate CAGR of 5.4% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Standard Drill Pipes, Heavy Weight Drill Pipes, Drill Collars
2) By Material: Alloys, Composites, Other Materials
3) By Application: Offshore, Onshore
4) By Industry: Oil And Gas Industry, Mining Industry, Agriculture Industry, Other Industries
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Hilong Group of Companies Ltd.; Oil Country Tubular Ltd.; Texas Steel Conversion Inc.; Drill Pipe International LLC; National Oilwell Varco Inc.; PetroMaterials Corporation; Tejas Tubular Products Inc.; Tenaris S.A; TMK Steel Limited; Weatherrock Group Holding Limited; DP-Master Manufacturing Ltd; RK Pipe & Supply LLC; Jindal Saw Ltd.; Alcoa Oil & Gas Inc; International Drilling Services Ltd; Hunting PLC; Challenger International Inc; Premier Drill Products LLC; Vallourec SA; Jiangyin Long Bright Drill Pipe Manufacture Co. Ltd.; TPCO Enterprise Inc.; United States Steel Corporation; Superior Drillpipe Manufacturing Inc.; TenarisHydril; ERUI International Electronic Commerce Co. Ltd.; ILJIN Steel Corporation; EVRAZ North America; TPS Technitube Röhrenwerk GmbH; JFE Steel Corporation; Tenergy Equipment & Service Limited; Hubei Petrokh Machine Manufacturing Limited Company; Shandong Molong Petroleum Machinery Co. Ltd.; Wuxi Eastsun Bright Steel Tube Co. Ltd.; Kelly Pipe Co. LLC; St. Louis Pipe & Supply; Shanxi Fenglei Drilling Tools Co. Ltd.; Deep Drill Supply Group; Zhejiang Shihao Industry & Trade Co. Ltd.; Zekelman Industries Inc.; Wuhan Xinxing Copper & Aluminum Company Limited
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    Table Of Contents

    1. Executive Summary

    2. Drill Pipe Market Characteristics

    3. Drill Pipe Market Trends And Strategies

    4. Drill Pipe Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Drill Pipe Market Size and Growth

    5.1. Global Drill Pipe Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Drill Pipe Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Drill Pipe Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Drill Pipe Market Segmentation

    6.1. Global Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Standard Drill Pipes

    Heavy Weight Drill Pipes

    Drill Collars

    6.2. Global Drill Pipe Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Alloys

    Composites

    Other Materials

    6.3. Global Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Offshore

    Onshore

    6.4. Global Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Oil And Gas Industry

    Mining Industry

    Agriculture Industry

    Other Industries

    7. Drill Pipe Market Regional And Country Analysis

    7.1. Global Drill Pipe Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Drill Pipe Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Drill Pipe Market

    8.1. Asia-Pacific Drill Pipe Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Drill Pipe Market

    9.1. China Drill Pipe Market Overview

    9.2. China Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Drill Pipe Market

    10.1. India Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Drill Pipe Market

    11.1. Japan Drill Pipe Market Overview

    11.2. Japan Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Drill Pipe Market

    12.1. Australia Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Drill Pipe Market

    13.1. Indonesia Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Drill Pipe Market

    14.1. South Korea Drill Pipe Market Overview

    14.2. South Korea Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Drill Pipe Market

    15.1. Western Europe Drill Pipe Market Overview

    15.2. Western Europe Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Drill Pipe Market

    16.1. UK Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Drill Pipe Market

    17.1. Germany Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Drill Pipe Market

    18.5. France Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Drill Pipe Market

    19.9. Italy Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Drill Pipe Market

    20.13. Spain Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Drill Pipe Market

    21.1. Eastern Europe Drill Pipe Market Overview

    21.2. Eastern Europe Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Drill Pipe Market

    22.1. Russia Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Drill Pipe Market

    23.1. North America Drill Pipe Market Overview

    23.2. North America Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Drill Pipe Market

    24.1. USA Drill Pipe Market Overview

    24.2. USA Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Drill Pipe Market

    25.1. Canada Drill Pipe Market Overview

    25.2. Canada Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Drill Pipe Market

    26.1. South America Drill Pipe Market Overview

    26.2. South America Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Drill Pipe Market

    27.1. Brazil Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Drill Pipe Market

    28.1. Middle East Drill Pipe Market Overview

    28.2. Middle East Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Drill Pipe Market

    29.1. Africa Drill Pipe Market Overview

    29.2. Africa Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Drill Pipe Market Competitive Landscape And Company Profiles

    30.1. Drill Pipe Market Competitive Landscape

    30.2. Drill Pipe Market Company Profiles

    30.2.1. Hilong Group of Companies Ltd.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Oil Country Tubular Ltd.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Texas Steel Conversion Inc.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Drill Pipe International LLC

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. National Oilwell Varco Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Drill Pipe Market Competitive Benchmarking

    32. Global Drill Pipe Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Drill Pipe Market

    34. Drill Pipe Market Future Outlook and Potential Analysis

    34.1 Drill Pipe Market In 2028 - Countries Offering Most New Opportunities

    34.2 Drill Pipe Market In 2028 - Segments Offering Most New Opportunities

    34.3 Drill Pipe Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Drill Pipe Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Drill Pipe Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Drill Pipe Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Hilong Group of Companies Ltd. Financial Performance
  • Table 76: Oil Country Tubular Ltd. Financial Performance
  • Table 77: Texas Steel Conversion Inc. Financial Performance
  • Table 78: Drill Pipe International LLC Financial Performance
  • Table 79: National Oilwell Varco Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Drill Pipe Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Drill Pipe Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Drill Pipe Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Drill Pipe Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Drill Pipe Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Drill Pipe Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Hilong Group of Companies Ltd. Financial Performance
  • Figure 76: Oil Country Tubular Ltd. Financial Performance
  • Figure 77: Texas Steel Conversion Inc. Financial Performance
  • Figure 78: Drill Pipe International LLC Financial Performance
  • Figure 79: National Oilwell Varco Inc. Financial Performance
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Frequently Asked Questions

What is the definition of the drill pipe market?

The drill pipe refers to a seamless steel pipe made up of the drill string and is the main part of the complete drill string. It is hollow to enable the pumping of drilling fluid through the bit and back up the annulus and down the hole. For further insights on the drill pipe market, request a sample here

How will the drill pipe market drivers and restraints affect the drill pipe market dynamics? What forces will shape the drill pipe industry going forward?

The drill pipe market major growth driver - surge in rig drilling operations propels expansion of the drill pipe market. For further insights on the drill pipe market, request a sample here

What is the forecast market size or the forecast market value of the drill pipe market ?

The drill pipe market size has grown strongly in recent years. It will grow from $1.43 billion in 2023 to $1.52 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to increased oil and gas exploration boom, investments in offshore exploration, environmental and safety regulations, infrastructure development, global economic trends. The drill pipe market size is expected to see strong growth in the next few years. It will grow to $1.88 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to renewable energy transition, emerging market opportunities innovation in materials, energy transition policies, geopolitical factors. Major trends in the forecast period include increasing demand in oil and gas exploration, technological advancements, environmental regulations impact, market consolidation and competition, supply chain challenges . For further insights on the drill pipe market, request a sample here

How is the drill pipe market segmented?

The drill pipe market is segmented
1) By Type: Standard Drill Pipes, Heavy Weight Drill Pipes, Drill Collars
2) By Material: Alloys, Composites, Other Materials
3) By Application: Offshore, Onshore
4) By Industry: Oil And Gas Industry, Mining Industry, Agriculture Industry, Other IndustriesFor further insights on the drill pipe market, request a sample here

Which region has the largest share of the drill pipe market? What are the other regions covered in the report?

North America was the largest region in the drill pipe market in 2023. Middle-East and Africa are expected to be the fastest-growing region in the global drill pipe market report during the forecast period. The regions covered in the drill pipe market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the drill pipe market, request a sample here.

Who are the major players in the drill pipe market?

Major companies operating in the drill pipe market report are Hilong Group of Companies Ltd., Oil Country Tubular Ltd., Texas Steel Conversion Inc., Drill Pipe International LLC, National Oilwell Varco Inc., PetroMaterials Corporation, Tejas Tubular Products Inc., Tenaris S.A, TMK Steel Limited, Weatherrock Group Holding Limited, DP-Master Manufacturing Ltd, RK Pipe & Supply LLC, Jindal Saw Ltd., Alcoa Oil & Gas Inc, International Drilling Services Ltd, Hunting PLC, Challenger International Inc, Premier Drill Products LLC, Vallourec SA, Jiangyin Long Bright Drill Pipe Manufacture Co. Ltd., TPCO Enterprise Inc., United States Steel Corporation, Superior Drillpipe Manufacturing Inc., TenarisHydril, ERUI International Electronic Commerce Co. Ltd., ILJIN Steel Corporation, EVRAZ North America, TPS Technitube Röhrenwerk GmbH, JFE Steel Corporation, Tenergy Equipment & Service Limited, Hubei Petrokh Machine Manufacturing Limited Company, Shandong Molong Petroleum Machinery Co. Ltd., Wuxi Eastsun Bright Steel Tube Co. Ltd., Kelly Pipe Co. LLC, St. Louis Pipe & Supply, Shanxi Fenglei Drilling Tools Co. Ltd., Deep Drill Supply Group, Zhejiang Shihao Industry & Trade Co. Ltd., Zekelman Industries Inc., Wuhan Xinxing Copper & Aluminum Company Limited For further insights on the drill pipe market, request a sample here.

What are the key trends in the drill pipe market?

Major trend in the drill pipe market - revolutionizing drilling with smart horizontal directional drilling (hdd) technology. For further insights on the drill pipe market, request a sample here.

What are the major opportunities in the drill pipe market? What are the strategies for the drill pipe market?

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How does the drill pipe market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the drill pipe industry?

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What are the key dynamics influencing the drill pipe market growth? SWOT analysis of the drill pipe market.

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