Technavio has been monitoring the oil country tubular goods market and it is poised to grow by USD 13.5 bn during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Oil Country Tubular Goods Market 2020-2024 (Graphic: Business Wire)
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. PAO TMK, Tenaris SA, The Weir Group Plc, United States Steel Corp. and Vallourec SA are some of the major market participants. Although the increasing investments in upstream activities will offer immense growth opportunities, environmental concerns related to drilling will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increasing investments in upstream activities has been instrumental in driving the growth of the market. However, environmental concerns related to drilling might hamper market growth. Request a free sample report
Oil Country Tubular Goods Market 2020-2024: Segmentation
Oil Country Tubular Goods Market is segmented as below:
Product
- Seamless
- Welded
Geographic Segmentation
- APAC
- Europe
- MEA
- North America
- South America
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40761
Oil Country Tubular Goods Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our oil country tubular goods market report covers the following areas:
- Oil Country Tubular Goods Market Size
- Oil Country Tubular Goods Market Trends
- Oil Country Tubular Goods Market Industry Analysis
This study identifies advances in OCTG as one of the prime reasons driving the oil country tubular goods market growth during the next few years.
Oil Country Tubular Goods Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the oil country tubular goods market, including some of the vendors such as PAO TMK, Tenaris SA, The Weir Group Plc, United States Steel Corp. and Vallourec SA. Backed with competitive intelligence and benchmarking, our research reports on the oil country tubular goods market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Oil Country Tubular Goods Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist oil country tubular goods market growth during the next five years
- Estimation of the oil country tubular goods market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behaviour
- The growth of the oil country tubular goods market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of oil country tubular goods market vendors
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Value chain analysis
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market outlook
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- Seamless Market size and forecast 2019-2024
- Welded Market size and forecast 2019-2024
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America Market size and forecast 2019-2024
- APAC Market size and forecast 2019-2024
- Europe Market size and forecast 2019-2024
- MEA Market size and forecast 2019-2024
- South America Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Rise in deepwater and ultra-deepwater E&P activities
- Declining prices of raw materials
- Advances in OCTG
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- ArcelorMittal SA
- Hunting Plc
- JFE Holdings Inc.
- Jindal SAW Ltd.
- Nippon Steel Corp.
- PAO TMK
- Tenaris SA
- The Weir Group Plc
- United States Steel Corp.
- Vallourec SA
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200305005538/en/
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