Drill Pipe Market Global Analysis 2020 Research Report

Posted by Abhijeet Bendre on January 21st, 2020

Market research future published a cooked research report on global Drill Pipe Market. The Drill Pipe Market is expected to grow over the CAGR of around 3.47% during the period 2017 to 2023.

Market Highlights:

The growth of the drill pipe market is majorly driven by growing demand of oil & gas exploration activities for new onshore & offshore sites. The market is further driven by recent advancements in drilling technology. Recent decrease in crude oil price has generated demand for optimizing E&P from current oil fields and to operate at economical rates, Reduced E&P activities are resulting in reduced oil & gas supply in accordance to the oil & gas demand. Hence increase in oil & gas can be estimated after this downturn.

Market Research Analysis:

North America accounted for the largest market share of 39.10% in 2016, with a market value of USD 376.3 million and is projected to grow at the highest CAGR of 4.30% during the forecast period. Europe was the second-largest market in 2016, valued at USD 194.4 million in 2016; it is projected to grow at a CAGR of 3.32%. This is mainly due to the flexible regulatory scenario in the region, government regulations and large scale E&P activity have been carried out in the region, specifically in U.S and Canada.

Scope of the Report:

Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

Continued…

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