Global Drill Pipe Market, By Grade (API Grade and Premium Grade), By Application (Onshore and Offshore), By Region (North America, Asia-Pacific, Europe, MEA and South America), Competition, Forecast & Opportunities, 2014-2025

Global drill pipe market was valued at USD 1,238 million in 2019 and is projected to grow at a CAGR of around 6.52% to reach USD 1,427 million by 2025. Growth in the market can be attributed to the increasing demand for energy coupled with the declining production in onshore fields, which has necessitated exploration of offshore reserves. Growing investments across upstream sector coupled with ongoing exploration & production of unconventional resources including shale and tight gas will drive the drill pipe market size across the globe. A drill pipe, is a hollow, thin-walled, steel or aluminum alloy piping that is used on drilling rigs.
 In terms of application, the global drill pipe market is categorized into onshore and offshore, of which the onshore category was the largest segment in 2019 and it is anticipated to maintain its dominance during forecast period as well. The growth of the onshore category is majorly attributable to the development of unconventional reserves such as coal bed methane, tar sands and shale reserves.
 
 In terms of region, the global drill pipe market is categorized into North America, South America, Europe, Asia-Pacific and Middle East & Africa. North America accounted for majority of the global market for drill pipes in 2019 and is anticipated to maintain its position during forecast period as well. Burgeoning shale gas exploration and production in the US, has favored the drill pipe market in the North America. Middle East & Africa drill pipes market is expected to witness the fastest growth throughout the forecast period. Rising focus towards achieving diversified economic growth along with various government schemes to enhance crude oil production is expected to propel the growth of drill pipe market in Middle East & Africa.
 
 Drill pipe market is largely controlled by 4 major market players including Hilong Group, TMK Group, Tenaris S.A. and National Oilwell Varco. These companies have large scale manufacturing operations which cater to major oil & gas exploration hotspots such as Africa and Asia-Pacific among others. Some of the other players operating in the global drill pipe market are Drill Pipe International LLC, Oil Country Tubular Limited, Tejas Tubular Products Inc., Texas Steel Conversion Inc., DP Master, among others.
 
 Years considered for this report:
 Historical Years: 2014-2018
 Base Year: 2019
 Estimated Year: 2020
 Forecast Period: 2021–2025
 
 Objective of the Study:
 • To analyze and forecast the market size of global drill pipe market
 • To forecast global drill pipe market based on grade, application and regional distribution
 • To identify drivers and challenges for global drill pipe market
 • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global drill pipe market
 • To conduct the pricing analysis for global drill pipe market
 • To identify and analyze the profile of leading players operating in the global drill pipe market
 
 TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of drill pipe manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels and presence of all major drill pipe manufacturers across the globe.
 TechSci Research calculated global drill pipe market size using a bottom-up approach, wherein data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
 
 Key Target Audience:

 • Drill pipe manufacturers
 • Drill pipe suppliers, distributors and other stakeholders
 • Drill pipe end user industries
 • Organizations, forums and alliances related to drill pipe market
 • Market research and consulting firms
 
 The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
 
 Report Scope:
 In this report, global drill pipe market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
 • Market, By Application
 o Offshore
 o Onshore
 
 • Market, By Type
 o API Grade
 o Premium Grade
 
 • Market, By Region:
 o Asia-Pacific
  China
  India
  Indonesia
  Australia
  Malaysia
  Rest of Asia-Pacific
 o Europe
  Russia
  Norway
  United Kingdom
  Netherlands
  Denmark
  Rest of Europe
 o North America
  United States
  Mexico
  Canada
 o South America
  Brazil
  Argentina
  Colombia
 o Middle East & Africa
  Saudi Arabia
  Kuwait
  UAE
  Iran
  Rest of MEA
 
 Competitive Landscape
 Company Profiles: Detailed analysis of the major companies present in global drill pipe market.

 1. Product Overview
 2. Research Methodology
 3. Executive Summary
 4. Voice of Customer
 
4.1. Factors considered while selecting a supplier
 4.2. Product awareness and applicability & usage analysis
 4.3. Challenges/issues faced post purchase
 4.4. Unmet needs
 5. Global Drill Pipe Market Outlook
 
5.1. Market Size & Forecast
 5.1.1. By Value
 5.2. Market Share & Forecast
 5.2.1. By Grade (API Grade; Premium Grade)
 5.2.2. By Application (Onshore; Offshore)
 5.2.3. By Region (Asia-Pacific; Europe; North America; South America; Middle-East & Africa)
 5.2.4. By Company (2019)
 5.3. Market Attractiveness Index (By Grade; By Application; By Region)
 6. North America Drill Pipe Market Outlook
 
6.1. Market Size & Forecast
 6.1.1. By Value
 6.2. Market Share & Forecast
 6.2.1. By Grade
 6.2.2. By Application
 6.2.3. By Country
 6.3. United States Drill Pipe Market Outlook
 6.3.1. Market Size & Forecast
 6.3.1.1. By Value
 6.3.2. Market Share & Forecast
 6.3.2.1. By Grade
 6.3.2.2. By Application
 6.4. Canada Drill Pipe Market Outlook
 6.4.1. Market Size & Forecast
 6.4.1.1. By Value
 6.4.2. Market Share & Forecast
 6.4.2.1. By Grade
 6.4.2.2. By Application
 6.5. Mexico Drill Pipe Market Outlook
 6.5.1. Market Size & Forecast
 6.5.1.1. By Value
 6.5.2. Market Share & Forecast
 6.5.2.1. By Grade
 6.5.2.2. By Application
 7. Asia-Pacific Drill Pipe Market Outlook
 
7.1. Market Size & Forecast
 7.1.1. By Value & Volume
 7.2. Market Share & Forecast
 7.2.1. By Grade
 7.2.2. By Application
 7.2.3. By Country
 7.3. China Drill Pipe Market Outlook
 7.3.1. Market Size & Forecast
 7.3.1.1. By Value
 7.3.2. Market Share & Forecast
 7.3.2.1. By Grade
 7.3.2.2. By Application
 7.4. Indonesia Drill Pipe Market Outlook
 7.4.1. Market Size & Forecast
 7.4.1.1. By Value
 7.4.2. Market Share & Forecast
 7.4.2.1. By Grade
 7.4.2.2. By Application
 7.5. India Drill Pipe Market Outlook
 7.5.1. Market Size & Forecast
 7.5.1.1. By Value
 7.5.2. Market Share & Forecast
 7.5.2.1. By Grade
 7.5.2.2. By Application
 7.6. Malaysia Drill Pipe Market Outlook
 7.6.1. Market Size & Forecast
 7.6.1.1. By Value
 7.6.2. Market Share & Forecast
 7.6.2.1. By Grade
 7.6.2.2. By Application
 7.7. Australia Drill Pipe Market Outlook
 7.7.1. Market Size & Forecast
 7.7.1.1. By Value
 7.7.2. Market Share & Forecast
 7.7.2.1. By Grade
 7.7.2.2. By Application
 8. Europe Drill Pipe Market Outlook
 
8.1. Market Size & Forecast
 8.1.1. By Value
 8.2. Market Share & Forecast
 8.2.1. By Grade
 8.2.2. By Application
 8.2.3. By Country
 8.3. Russia Drill Pipe Market Outlook
 8.3.1. Market Size & Forecast
 8.3.1.1. By Value
 8.3.2. Market Share & Forecast
 8.3.2.1. By Grade
 8.3.2.2. By Application
 8.4. Norway Drill Pipe Market Outlook
 8.4.1. Market Size & Forecast
 8.4.1.1. By Value
 8.4.2. Market Share & Forecast
 8.4.2.1. By Grade
 8.4.2.2. By Application
 8.5. United Kingdom Drill Pipe Market Outlook
 8.5.1. Market Size & Forecast
 8.5.1.1. By Value
 8.5.2. Market Share & Forecast
 8.5.2.1. By Grade
 8.5.2.2. By Application
 8.6. Netherlands Drill Pipe Market Outlook
 8.6.1. Market Size & Forecast
 8.6.1.1. By Value
 8.6.2. Market Share & Forecast
 8.6.2.1. By Grade
 8.6.2.2. By Application
 8.7. Denmark Drill Pipe Market Outlook
 8.7.1. Market Size & Forecast
 8.7.1.1. By Value
 8.7.2. Market Share & Forecast
 8.7.2.1. By Grade
 8.7.2.2. By Application
 9. Middle East & Africa Drill Pipe Market Outlook
 
9.1. Market Size & Forecast
 9.1.1. By Value
 9.2. Market Share & Forecast
 9.2.1. By Grade
 9.2.2. By Application
 9.2.3. By Country
 9.3. Saudi Arabia Drill Pipe Market Outlook
 9.3.1. Market Size & Forecast
 9.3.1.1. By Value
 9.3.2. Market Share & Forecast
 9.3.2.1. By Grade
 9.3.2.2. By Application
 9.4. Kuwait Drill Pipe Market Outlook
 9.4.1. Market Size & Forecast
 9.4.1.1. By Value
 9.4.2. Market Share & Forecast
 9.4.2.1. By Grade
 9.4.2.2. By Application
 9.5. UAE Drill Pipe Market Outlook
 9.5.1. Market Size & Forecast
 9.5.1.1. By Value
 9.5.2. Market Share & Forecast
 9.5.2.1. By Grade
 9.5.2.2. By Application
 9.6. Iran Drill Pipe Market Outlook
 9.6.1. Market Size & Forecast
 9.6.1.1. By Value
 9.6.2. Market Share & Forecast
 9.6.2.1. By Grade
 9.6.2.2. By Application
 10. South America Drill Pipe Market Outlook
 
10.1. Market Size & Forecast
 10.1.1. By Value
 10.2. Market Share & Forecast
 10.2.1. By Grade
 10.2.2. By Application
 10.2.3. By Country
 10.3. Brazil Drill Pipe Market Outlook
 10.3.1. Market Size & Forecast
 10.3.1.1. By Value
 10.3.2. Market Share & Forecast
 10.3.2.1. By Grade
 10.3.2.2. By Application
 10.4. Argentina Drill Pipe Market Outlook
 10.4.1. Market Size & Forecast
 10.4.1.1. By Value
 10.4.2. Market Share & Forecast
 10.4.2.1. By Grade
 10.4.2.2. By Application
 10.5. Colombia Drill Pipe Market Outlook
 10.5.1. Market Size & Forecast
 10.5.1.1. By Value
 10.5.2. Market Share & Forecast
 10.5.2.1. By Grade
 10.5.2.2. By Application
 11. Market Dynamics
 
11.1. Drivers
 11.2. Challenges
 12. Market Trends & Developments
 13. Competitive Landscape
 
13.1. Competition Outlook
 13.2. Company Profiles
 13.2.1. Basic Details
 13.2.2. Financials (As reported)
 13.2.3. Supply Chain Analysis
 13.2.4. Key Market Focus and Geographical Presence
 13.2.5. Planned Investments
 13.2.6. Pricing of Target Products
 13.2.7. Market positioning
 13.3. Global Players Profiled (Leading Companies)
 13.3.1 National Oilwell Varco
 13.3.2 TMK Group
 13.3.3 Hilong Group
 13.3.4 Tenaris S.A.
 13.3.5 Vallourec S.A.
 13.3.6 Drill Pipe International Llc
 13.3.7 Oil Country Tubular Limited
 13.3.8 Tejas Tubular Products Inc.
 13.3.9 Texas Steel Conversion Inc.
 13.3.10 DP Master
 (Note: The companies list can be customized based on the client requirements)
 14. Strategic Recommendations
  


List Of Figures

Figure 1: Global Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 2: Global Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 3: Global Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 4: World Gross Domestic Price, at current prices (USD), 2014-2019
Figure 5: Global Drill Pipe Market Share, By Region, By Value, 2014-2025F
Figure 6: Global Drill Pipe Market Share, By Company, By Value, 2019
Figure 7: Grade Map on the basis of Market Size (USD Million) & Growth Rate (%)
Figure 8: Application Seating Class Map on the basis of Market Size (USD Million) & Growth Rate (%)
Figure 9: Region Map on the basis of Market Size (USD Million) & Growth Rate (%)
Figure 10: North America Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 11: North America Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 12: North America Real GDP Growth Rate, 2014-2019
Figure 13: North America Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 14: North America Drill Pipe Market Share, By Country, By Value, 2014-2025F
Figure 15: United States Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 16: United States Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 17: United States GDP, 2014-2025F (USD Billion)
Figure 18: United States Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 19: Canada Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 20: Canada Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 21: Canada GDP Per Capita Income (Thousand USD), 2014-2019
Figure 22: Canada Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 23: Mexico Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 24: Mexico Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 25: Mexico Inflation Rate, 2014-2019 (Change in %)
Figure 26: Mexico Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 27: Asia Pacific Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 28: Asia Pacific Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 29: Asia Pacific Real GDP Growth Rate, 2014-2019
Figure 30: Asia Pacific Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 31: Asia Pacific Drill Pipe Market Share, By Country, By Value, 2014-2025F
Figure 32: China Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 33: China Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 34: China GDP, 2014-2019 (USD Billion)
Figure 35: China Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 36: Indonesia Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 37: Indonesia Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 38: Indonesia GDP Per Capita Income (Thousand USD), 2014-2019
Figure 39: Indonesia Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 40: India Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 41: India Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 42: India Inflation Rate, 2014-2019 (Change in %)
Figure 43: India Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 44: Malaysia Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 45: Malaysia Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 46: Malaysia Inflation Rate, 2014-2019 (Change in %)
Figure 47: Malaysia Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 48: Australia Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 49: Australia Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 50: Australia Inflation Rate, 2014-2019 (Change in %)
Figure 51: Australia Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 52: Europe Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 53: Europe Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 54: Europe Real GDP Growth Rate, 2014-2019
Figure 55: Europe Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 56: Europe GDP Per Capita Income (Thousand USD), 2010-2016
Figure 57: Europe Drill Pipe Market Share, By Country, By Value, 2014-2025F
Figure 58: Russia Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 59: Russia Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 60: Russia Number of Employment in Oil & Gas Sector, 2014-2019 (Million)
Figure 61: Russia Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 62: Norway Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 63: Norway Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 64: Norway Rig Unit Share, By Region, 2014-2019
Figure 65: Norway Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 66: United Kingdom Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 67: United Kingdom Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 68: United Kingdom Number of onshore rigs, By Employment Size Category, By Sector, 2014-2019
Figure 69: United Kingdom Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 70: Netherlands Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 71: Netherlands Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 72: Netherlands Total Expenditure, 2014-2019 (% of GDP)
Figure 73: Netherlands Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 74: Denmark Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 75: Denmark Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 76: Denmark no of onshore/offshore rig Share, By Region, 2014-2019
Figure 77: Denmark Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 78: Middle East & Africa Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 79: Middle East & Africa Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 80: Middle East & Africa Industrial Production Growth Rate, 2014-2019 (%)
Figure 81: Middle East & Africa Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 82: Middle East & Africa Drill Pipe Market Share, By Country, By Value, 2014-2025F
Figure 83: Saudi Arabia Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 84: Saudi Arabia Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 85: Saudi Arabia Gross National Savings (% of GDP), 2014-2019
Figure 86: Saudi Arabia Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 87: Kuwait Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 88: Kuwait Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 89: Kuwait Number of rigs, 2014-2019
Figure 90: Kuwait Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 91: UAE Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 92: UAE Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 93: UAE Current Account Balance, 2014-2019 (USD Billion)
Figure 94: UAE Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 95: Iran Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 96: Iran Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 97: Iran Upcoming Commercial Projects, 2014-2019
Figure 98: Iran Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 99: South America Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 100: South America Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 101: South America Real GDP Growth Rate, 2014-2019
Figure 102: South America Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 103: South America Drill Pipe Market Share, By Country, By Value, 2014-2025F
Figure 104: Brazil Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 105: Brazil Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 106: Brazil GDP per Capita at Current Prices, 2014-2019 (USD)
Figure 107: Brazil Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 108: Argentina Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 109: Argentina Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 110: Argentina GDP Composition by Sector, 2014-2019
Figure 111: Argentina Drill Pipe Market Share, By Application, By Value, 2014-2025F
Figure 112: Colombia Drill Pipe Market Size, By Value, 2014-2025F (USD Million)
Figure 113: Colombia Drill Pipe Market Share, By Grade, By Value, 2014-2025F
Figure 114: Population of Colombia, By State, 2014-2019 (Million)
Figure 115: Colombia Drill Pipe Market Share, By Application, By Value, 2014-2025F

Companies Mentioned
1.National Oilwell Varco
2.TMK Group
3.Hilong Group
4.Tenaris S.A.
5.Vallourec S.A.
6.Drill Pipe International Llc
7.Oil Country Tubular Limited
8.Tejas Tubular Products Inc.
9.Texas Steel Conversion Inc.
10.DP Master


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