(I-BusinessNews.Com, February 17, 2017 ) The global oil country tubular goods market pertains to the family of consumables consisting of drill pipe, casing, and tubing that are extensively utilized in the global oil and gas operations. They refer to a class of steel pipe products that have varied applications across the upstream oil and gas industry. These goods are seamless or welded; however, a new segment of pipes is slowly evolving, which is neither of the above two mentioned classes.
Publisher's analysts forecast the global OCTG market to grow at a CAGR of 6.214% during the period 2016-2020. For more information about this report: http://www.reportsweb.com/global-oil-country-tubular-goods-market-2016-2020 Covered in this report The report covers the present scenario and the growth prospects of the global OCTG market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of the products in the market. It also includes the revenues generated from the replacement of previously used products.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Publisher's report, Global OCTG Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors - ACE O.C.T.G - Benteler - Corpac Steel Products - ISMT - JFE Steel - Jindal Steel & Power - Tata Steel - Vallourec. Market driver - Opening up of new avenues for oil and gas markets - For a full, detailed list, view our report
Market challenge - Prolonged periods of lull in global steel prices - For a full, detailed list, view our report
Market trend - Increase in drilling of horizontal and multilateral wells - For a full, detailed list, view our report
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