“The
Report Global OCTG (Oil Country Tubular Goods) Market Report: 2014
Edition provides information on pricing, market analysis, shares,
forecast, and company profiles for key industry participants. -
MarketResearchReports.biz”
Oil country tubular goods
(OCTG) are hollow steel products of circular cross-section used in
the oil and gas industry for exploration and production activities.
OCTG encompasses mainly three types of products which include drill
pipe, casing, and tubing. OCTG can be produced as seamless or welded
tubes and pipes. The OCTG manufacturers can generally either produce
seamless or welded OCTG products and not both, as the capital
investment to manufacture seamless OCTG is ten to twenty times higher
than the investment required to manufacture welded OCTG. At the same
time, API specifications for most grades of casing and tubing
stipulate that either welded or seamless construction is acceptable
for end-use applications. Generally, welded pipe producers entering
the OCTG market concentrate on producing line pipe and in some cases,
some low grades of API casing.
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The key factors which are
anticipated to drive OCTG market include rising global demand for oil
and gas, growth in crude oil prices, economic growth and lack of
alternative sources of energy. Some of the noteworthy developments of
this industry include global rig count growth, increasing global E&P
spending, and seamless pipe industry, among others. However, the
growth of respective industry is hindered by the barrier for
fluctuation in steel prices, barriers to entry, global oil and
natural gas depletion and impact on environment.
This report offers a
comprehensive analysis of the global OCTG market. Furthermore, market
dynamics such as key trends and development; and challenges are
analyzed in depth. On the contention front, the global OCTG market is
reined by few major players namely, Tenaris S.A., Vallourec, OAO TMK
and Nippon Steel and Sumitomo Metal Corporation. The competitive
landscape of the respective market, along with the company profiles
of the leading players are also discussed in detail.
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By combining SPSS Inc.’s
data integration and analysis capabilities with our relevant
findings, we have predicted the future growth of the market. We
employed various significant variables that have an impact on this
industry and created regression models with SPSS Base to determine
the future direction of the industry. Before deploying the regression
model, the relationship between several independent or predictor
variables and the dependent variable was analyzed using standard SPSS
output, including charts, tables and tests.
Table
of Content
1. Market Overview
1.1 Types of OCTG Products
1.2 OCTG Manufacturing Process
2. OCTG Market Analysis
2.1 Global Market
Market Demand
Market Segments
API Vs Premium Demand
Consumption by Application
Regional Breakdown
Drilling Statistics
2.2 North America
Market Overview
Rig Count
API Vs Premium
2.2.1 The United States
Supply by Segments
Demand by Segments
Import Growth
Production Capacity
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