Oil Country Tubular Goods Market Research Report - Global Forecast till 2030

Oil Country Tubular Goods Market Research Report: Information by Manufacturing Process [Electric Resistance Welded (ERW) and Seamless], Grade (API Grade and Premium Grade) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2030

ID: MRFR/E&P/8065-CR | April, 2020 | Region : Global

1 Executive Summary

1.1 Market Attractiveness Analysis 16

1.1.1 Global Oil Country Tubular Goods (OCTG) Market, By Manufacturing Process 16

1.1.2 Global Oil Country Tubular Goods (OCTG) Market, By Grade 17

1.1.3 Global Oil Country Tubular Goods (OCTG) Market, By Region 18

2 Market Introduction

2.1 Definition 19

2.2 Scope Of The Study 19

2.3 Market Structure 19

3 Market Insights

4 Research Methodology

4.1 Research Process 25

4.2 Primary Research 26

4.3 Secondary Research 27

4.4 Market Size Estimation 27

4.5 Forecast Model 28

4.6 List Of Assumptions 29

5 Market Dynamics

5.1 Introduction 30

5.2 Drivers 31

5.2.1 Increasing Exploration & Production (E&P) Activities 31

5.2.2 Growing Production Of Sour Crude 33

5.3 Restraint 34

5.3.1 Failure Of OCTGs During E&P Operations 34

5.4 Opportunity 34

5.4.1 Increasing Deepwater And Ultra-Deepwater E&P Activities 34

6 Market Factor Analysis

6.1 Porter’s Five Forces Model 35

6.1.1 Threat Of New Entrants 35

6.1.2 Bargaining Power Of Suppliers 36

6.1.3 Bargaining Power Of Buyers 36

6.1.4 Threat Of Substitutes 36

6.1.5 Rivalry 36

6.2 Supply Chain Analysis 37

6.2.1 Research & Development 37

6.2.2 Raw Material Supply 37

6.2.3 OCTG Manufacturing 37

6.2.4 Distribution 38

6.2.5 End Use 38

7 Global Oil Country Tubular Goods (OCTG) Market, By Manufacturing Process

7.1 Overview 39

7.2 Electric Resistance Welded (ERW) 41

7.3 Seamless 41

8 Global Oil Country Tubular Goods (OCTG) Market, By Grade

8.1 Overview 42

8.2 API Grade 43

8.3 Premium Grade 43

9 Global Oil Country Tubular Goods (OCTG) Market, By Region

9.1 Overview 44

9.2 North America 45

9.2.1 US 46

9.2.2 Canada 47

9.2.3 Mexico 48

9.3 Asia-Pacific 49

9.3.1 China 51

9.3.2 Japan 51

9.3.3 India 52

9.3.4 Australia 52

9.3.5 New Zealand 53

9.3.6 South Korea 53

9.3.7 Rest Of Asia-Pacific 54

9.4 Europe 55

9.4.1 UK 56

9.4.2 Germany 57

9.4.3 Italy 57

9.4.4 France 58

9.4.5 Russia 59

9.4.6 Rest Of Europe 60

9.5 Middle East & Africa 60

9.5.1 Saudi Arabia 62

9.5.2 UAE 63

9.5.3 Qatar 63

9.5.4 South Africa 64

9.5.5 Rest Of Middle East & Africa 65

9.6 South America 66

9.6.1 Brazil 67

9.6.2 Argentina 68

9.6.3 Chile 68

9.6.4 Rest Of South America 69

10 Competitive Landscape

10.1 Competitive Overview 70

10.2 Competitor Dashboard 71

10.3 Major Growth Strategy In The Global Oil Country Tubular Goods (OCTG) Market 72

10.4 Competitive Benchmarking 73

10.5 Market Share Analysis 74

10.6 Vallourec: The Leading Player In Terms Of Number Of Developments In Global Oil Country Tubular Goods (OCTG) Market 74

11 Company Profiles

11.1 Tenaris S.A. 75

11.1.1 Company Overview 75

11.1.2 Financial Overview 76

11.1.3 Products Offered 76

11.1.4 Key Developments 77

11.1.5 SWOT Analysis 77

11.1.6 Key Strategies 78

11.2 TMK Group 79

11.2.1 Company Overview 79

11.2.2 Financial Overview 79

11.2.3 Products Offered 80

11.2.4 Key Developments 80

11.2.5 SWOT Analysis 81

11.2.6 Key Strategies 81

11.3 Vallourec 82

11.3.1 Company Overview 82

11.3.2 Financial Overview 82

11.3.3 Products Offered 83

11.3.4 Key Developments 85

11.3.5 SWOT Analysis 86

11.3.6 Key Strategies 86

11.4 National Oilwell Varco (NOV) 87

11.4.1 Company Overview 87

11.4.2 Financial Overview 87

11.4.3 Products Offered 88

11.4.4 Key Developments 89

11.4.5 SWOT Analysis 90

11.4.6 Key Strategies 90

11.5 Benteler Group 91

11.5.1 Company Overview 91

11.5.2 Financial Overview 91

11.5.3 Products/Services Offered 92

11.5.4 Key Developments 92

11.5.5 SWOT Analysis 93

11.5.6 Key Strategies 93

11.6 Tata Steel 94

11.6.1 Company Overview 94

11.6.2 Financial Overview 94

11.6.3 Products Offered 95

11.6.4 Key Developments 95

11.7 Nippon Steel Corporation 96

11.7.1 Company Overview 96

11.7.2 Financial Overview 96

11.7.3 Products Offered 97

11.7.4 Key Developments 97

11.8 JFE Holdings, Inc. 98

11.8.1 Company Overview 98

11.8.2 Financial Overview 98

11.8.3 Products Offered 99

11.8.4 Key Developments 100

11.9 Continental Alloys & Services 101

11.9.1 Company Overview 101

11.9.2 Financial Overview 101

11.9.3 Products Offered 101

11.9.4 Key Developments 102

11.10 ACE O.C.T.G. Ltd 103

11.10.1 Company Overview 103

11.10.2 Financial Overview 103

11.10.3 Products Offered 104

11.10.4 Key Developments 104

11.10.5 Key Strategies 104

11.11 Jindal Saw Ltd 105

11.11.1 Company Overview 105

11.11.2 Financial Overview 105

11.11.3 Products/Services Offered 106

11.11.4 Key Developments 106

11.12 United States Steel Corporation 107

11.12.1 Company Overview 107

11.12.2 Financial Overview 107

11.12.3 Products Offered 108

11.12.4 Key Developments 109

11.13 ISMT LTD 110

11.13.1 Company Overview 110

11.13.2 Financial Overview 110

11.13.3 Product/Services Offered 111

11.13.4 Key Developments 111

11.14 Corpac Group 112

11.14.1 Company Overview 112

11.14.2 Financial Overview 112

11.14.3 Products/Services Offered 112

11.14.4 Key Developments 112

11.15 ArcelorMittal 113

11.15.1 Company Overview 113

11.15.2 Financial Overview 113

11.15.3 Products/Services Offered 114

11.15.4 Key Developments 114

12 List Of Tables

TABLE 1 LIST OF ASSUMPTIONS 29

TABLE 2 GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET ESTIMATES & FORECAST, BY MANUFACTURING PROCESS, 2020–2027 (USD MILLION) 40

TABLE 3 GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET ESTIMATES & FORECAST, BY GRADE, 2020–2027 (USD MILLION) 42

TABLE 4 GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY REGION, 2020–2027 (USD MILLION) 44

TABLE 5 NORTH AMERICA: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 45

TABLE 6 NORTH AMERICA: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY MANUFACTURING PROCESS, 2020–2027 (USD MILLION) 45

TABLE 7 NORTH AMERICA: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 46

TABLE 8 US: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 46

TABLE 9 CANADA: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 47

TABLE 10 MEXICO: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 48

TABLE 11 ASIA-PACIFIC: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 49

TABLE 12 ASIA-PACIFIC: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY MANUFACTURING PROCESS, 2020–2027 (USD MILLION) 50

TABLE 13 ASIA-PACIFIC: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 50

TABLE 14 CHINA: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 51

TABLE 15 JAPAN: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 51

TABLE 16 INDIA: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 52

TABLE 17 AUSTRALIA: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 52

TABLE 18 NEW ZEALAND: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 53

TABLE 19 SOUTH KOREA: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 54

TABLE 20 REST OF ASIA-PACIFIC: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 54

TABLE 21 EUROPE: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 55

TABLE 22 EUROPE: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY MANUFACTURING PROCESS, 2020–2027 (USD MILLION) 56

TABLE 23 EUROPE: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 56

TABLE 24 UK: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 56

TABLE 25 GERMANY: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 57

TABLE 26 ITALY: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 57

TABLE 27 FRANCE: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 58

TABLE 28 RUSSIA: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 59

TABLE 29 REST OF EUROPE: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 60

TABLE 30 MIDDLE EAST & AFRICA: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 61

TABLE 31 MIDDLE EAST & AFRICA: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY MANUFACTURING PROCESS, 2020–2027 (USD MILLION) 61

TABLE 32 MIDDLE EAST & AFRICA: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 62

TABLE 33 SAUDI ARABIA: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 62

TABLE 34 UAE: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 63

TABLE 35 QATAR: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 64

TABLE 36 SOUTH AFRICA: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 64

TABLE 37 REST OF MIDDLE EAST & AFRICA: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 65

TABLE 38 SOUTH AMERICA: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 66

TABLE 39 SOUTH AMERICA: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY MANUFACTURING PROCESS, 2020–2027 (USD MILLION) 66

TABLE 40 SOUTH AMERICA: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 67

TABLE 41 BRAZIL: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 67

TABLE 42 ARGENTINA: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 68

TABLE 43 CHILE: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 69

TABLE 44 REST OF SOUTH AMERICA: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 69

TABLE 45 COMPETITOR DASHBOARD: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET 71

TABLE 46 VALLOUREC: THE MOST ACTIVE PLAYER IN THE GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET 74

TABLE 47 TENARIS S.A.: PRODUCTS OFFERED 76

TABLE 48 TENARIS S.A.: KEY DEVELOPMENTS 77

TABLE 49 TMK GROUP: PRODUCTS OFFERED 80

TABLE 50 TMK GROUP: KEY DEVELOPMENTS 80

TABLE 51 VALLOUREC: PRODUCTS OFFERED 83

TABLE 52 VALLOUREC: KEY DEVELOPMENTS 85

TABLE 53 NATIONAL OILWELL VARCO: PRODUCTS OFFERED 88

TABLE 54 NATIONAL OILWELL VARCO: KEY DEVELOPMENTS 89

TABLE 55 TATA STEEL: PRODUCTS OFFERED 95

TABLE 56 NIPPON STEEL CORPORATION: PRODUCTS OFFERED 97

TABLE 57 NIPPON STEEL CORPORATION: KEY DEVELOPMENTS 97

TABLE 58 JFE HOLDINGS INC.: PRODUCTS OFFERED 99

TABLE 59 JFE HOLDINGS INC.: KEY DEVELOPMENTS 100

TABLE 60 CONTINENTAL ALLOYS & SERVICES: PRODUCTS OFFERED 101

TABLE 61 ACE OCTG LTD: PRODUCTS OFFERED 104

TABLE 62 JINDAL SAW LTD.: PRODUCTS OFFERED 106

TABLE 63 UNITED STATES STEEL CORPORATION: PRODUCTS OFFERED 108

TABLE 64 ISMT LTD: PRODUCT OFFERING 111

TABLE 65 ARCELORMITTAL: PRODUCT OFFERED 114

13 List Of Figures

FIGURE 1 MARKET SYNOPSIS 15

FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET 16

FIGURE 3 GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET ANALYSIS, BY MANUFACTURING PROCESS 16

FIGURE 4 GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET ANALYSIS, BY GRADE 17

FIGURE 5 GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET ANALYSIS, BY REGION 18

FIGURE 6 GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET: MARKET STRUCTURE 19

FIGURE 7 NORTH AMERICA MARKET SIZE & MARKET SHARE, BY REGION (2020 VS 2027) 20

FIGURE 8 ASIA-PACIFIC MARKET SIZE & MARKET SHARE, BY REGION (2020 VS 2027) 21

FIGURE 9 EUROPE MARKET SIZE & MARKET SHARE, BY REGION (2020 VS 2027) 22

FIGURE 10 MIDDLE EAST & AFRICA MARKET SIZE & MARKET SHARE, BY REGION (2020 VS 2027) 23

FIGURE 11 SOUTH AMERICA MARKET SIZE & MARKET SHARE, BY REGION (2020 VS 2027) 24

FIGURE 12 RESEARCH PROCESS OF MRFR 25

FIGURE 13 TOP-DOWN AND BOTTOM-UP APPROACH 28

FIGURE 14 DRO ANALYSIS OF GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET 30

FIGURE 15 ELECTRICITY GENERATION FROM NATURAL GAS (2017 VS 2020) 31

FIGURE 16 OPERATIONAL RIG COUNT, BY REGION 32

FIGURE 17 GLOBAL PRODUCTION OF SOUR CRUDE 33

FIGURE 18 PORTER'S FIVE FORCES ANALYSIS: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET 35

FIGURE 19 SUPPLY CHAIN ANALYSIS: GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET 37

FIGURE 20 GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY MANUFACTURING PROCESS, 2020 (% SHARE) 39

FIGURE 21 GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY MANUFACTURING PROCESS, 2020–2027 (USD MILLION) 40

FIGURE 22 GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020 (% SHARE) 42

FIGURE 23 GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET, BY GRADE, 2020–2027 (USD MILLION) 43

FIGURE 24 CONTRACTS & AGREEMENTS: THE MAJOR STRATEGY ADOPTED BY KEY PLAYERS IN GLOBAL OIL COUNTRY TUBULAR GOODS (OCTG) MARKET 72

FIGURE 25 BENCHMARKING OF MAJOR COMPETITORS 73

FIGURE 26 MARKET SHARE ANALYSIS, 2020 74

FIGURE 27 TENARIS S.A.: FINANCIAL OVERVIEW SNAPSHOT 76

FIGURE 28 TENARIS S.A.: SWOT ANALYSIS 77

FIGURE 29 TMK GROUP: FINANCIAL OVERVIEW SNAPSHOT 79

FIGURE 30 TMK GROUP: SWOT ANALYSIS 81

FIGURE 31 VALLOUREC: FINANCIAL OVERVIEW SNAPSHOT 82

FIGURE 32 VALLOUREC: SWOT ANALYSIS 86

FIGURE 33 NATIONAL OILWELL VARCO: FINANCIAL OVERVIEW SNAPSHOT 87

FIGURE 34 NATIONAL OILWELL VARCO: SWOT ANALYSIS 90

FIGURE 35 BENTELER GROUP: FINANCIAL OVERVIEW SNAPSHOT 91

FIGURE 36 BENTELER GROUP: SWOT ANALYSIS 93

FIGURE 37 TATA STEEL: FINANCIAL OVERVIEW SNAPSHOT 94

FIGURE 38 NIPPON STEEL CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 96

FIGURE 39 JFE HOLDINGS, INC.: FINANCIAL OVERVIEW SNAPSHOT 98

FIGURE 40 JINDAL SAW LTD: FINANCIAL OVERVIEW SNAPSHOT 105

FIGURE 41 UNITED STATES STEEL CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 107

FIGURE 42 ISMT LTD: FINANCIAL OVERVIEW SNAPSHOT 110

FIGURE 43 ARCELORMITTAL: FINANCIAL OVERVIEW SNAPSHOT 113

Oil Country Tubular Goods Market