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Drill Pipe-Global Market Insights and Sales Trends 2025

Drill Pipe-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1849563

No of Pages : 109

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Synopsis

Largest application for the drill pipe market is onshore primarily due to the large number of E&P activities being carried onshore as compared to offshore. Moreover, the presence of large unconventional resources onshore in countries such as China, Argentina, Venezuela, Canada, and the U.S. has also boosted the demand for drill pipe market. On the Others hand, growing E&P activities in offshore regions within countries such as Angola, Norway, and the U.S. is also one of the reasons behind the growth of the drill pipe market for offshore applications.

The global Drill Pipe market size is expected to reach US$ 1043.9 million by 2029, growing at a CAGR of 2.2% from 2023 to 2029. The market is mainly driven by the significant applications of Drill Pipe in various end use industries. The expanding demands from the Onshore and Offshore, are propelling Drill Pipe market. API Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Premium Grade segment is estimated at % CAGR for the next seven-year period.

Asia Pacific shows high growth potential for Drill Pipe market, driven by demand from China, the second largest economy with some signs of stabilising, the Drill Pipe market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.

Report Objectives

This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Drill Pipe, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

Key Features of The Study:

This report provides in-depth analysis of the global Drill Pipe market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.

This report profiles key players in the global Drill Pipe market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Drill Pipe sales data, market share and ranking.

This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

Key companies of Drill Pipe covered in this report include Hilong Group, National Oilwell Varco, Tenaris, Vallourec, TMK Group, Oil Country Tubular Limited, Tejas Tubular Grades, Texas Steel Conversion and DP Master, etc.

The global Drill Pipe market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Market Segmentation

Company Profiles:

  • Hilong Group
  • National Oilwell Varco
  • Tenaris
  • Vallourec
  • TMK Group
  • Oil Country Tubular Limited
  • Tejas Tubular Grades
  • Texas Steel Conversion
  • DP Master
  • Jiangyin Long Bright Drill Pipe Manufacture
  • Drill Pipe International
  • Superior Drill Pipe Manufacturing

Global Drill Pipe market, by region:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, UK, Italy, etc.)
  • Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
  • South America (Brazil, etc.)
  • Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global Drill Pipe market, Segment by Type:

  • API Grade
  • Premium Grade
  • Global Drill Pipe market, by Application
  • Onshore
  • Offshore

Core Chapters

Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Drill Pipe manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Drill Pipe in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.

Index

1 Drill Pipe Market Overview
1.1 Drill Pipe Product Overview
1.2 Drill Pipe Market Segment by Type
1.2.1 API Grade
1.2.2 Premium Grade
1.3 Global Drill Pipe Market Size by Type
1.3.1 Global Drill Pipe Market Size Overview by Type (2018-2029)
1.3.2 Global Drill Pipe Historic Market Size Review by Type (2018-2023)
1.3.3 Global Drill Pipe Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Drill Pipe Sales Breakdown by Type (2018-2023)
1.4.2 Europe Drill Pipe Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Drill Pipe Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Drill Pipe Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Drill Pipe Sales Breakdown by Type (2018-2023)
2 Global Drill Pipe Market Competition by Company
2.1 Global Top Players by Drill Pipe Sales (2018-2023)
2.2 Global Top Players by Drill Pipe Revenue (2018-2023)
2.3 Global Top Players by Drill Pipe Price (2018-2023)
2.4 Global Top Manufacturers Drill Pipe Manufacturing Base Distribution, Sales Area, Product Type
2.5 Drill Pipe Market Competitive Situation and Trends
2.5.1 Drill Pipe Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Drill Pipe Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Drill Pipe as of 2022)
2.7 Date of Key Manufacturers Enter into Drill Pipe Market
2.8 Key Manufacturers Drill Pipe Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Drill Pipe Status and Outlook by Region
3.1 Global Drill Pipe Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Drill Pipe Historic Market Size by Region
3.2.1 Global Drill Pipe Sales in Volume by Region (2018-2023)
3.2.2 Global Drill Pipe Sales in Value by Region (2018-2023)
3.2.3 Global Drill Pipe Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Drill Pipe Forecasted Market Size by Region
3.3.1 Global Drill Pipe Sales in Volume by Region (2024-2029)
3.3.2 Global Drill Pipe Sales in Value by Region (2024-2029)
3.3.3 Global Drill Pipe Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Drill Pipe by Application
4.1 Drill Pipe Market Segment by Application
4.1.1 Onshore
4.1.2 Offshore
4.2 Global Drill Pipe Market Size by Application
4.2.1 Global Drill Pipe Market Size Overview by Application (2018-2029)
4.2.2 Global Drill Pipe Historic Market Size Review by Application (2018-2023)
4.2.3 Global Drill Pipe Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Drill Pipe Sales Breakdown by Application (2018-2023)
4.3.2 Europe Drill Pipe Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Drill Pipe Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Drill Pipe Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Drill Pipe Sales Breakdown by Application (2018-2023)
5 North America Drill Pipe by Country
5.1 North America Drill Pipe Historic Market Size by Country
5.1.1 North America Drill Pipe Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Drill Pipe Sales in Volume by Country (2018-2023)
5.1.3 North America Drill Pipe Sales in Value by Country (2018-2023)
5.2 North America Drill Pipe Forecasted Market Size by Country
5.2.1 North America Drill Pipe Sales in Volume by Country (2024-2029)
5.2.2 North America Drill Pipe Sales in Value by Country (2024-2029)
6 Europe Drill Pipe by Country
6.1 Europe Drill Pipe Historic Market Size by Country
6.1.1 Europe Drill Pipe Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Drill Pipe Sales in Volume by Country (2018-2023)
6.1.3 Europe Drill Pipe Sales in Value by Country (2018-2023)
6.2 Europe Drill Pipe Forecasted Market Size by Country
6.2.1 Europe Drill Pipe Sales in Volume by Country (2024-2029)
6.2.2 Europe Drill Pipe Sales in Value by Country (2024-2029)
7 Asia-Pacific Drill Pipe by Region
7.1 Asia-Pacific Drill Pipe Historic Market Size by Region
7.1.1 Asia-Pacific Drill Pipe Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Drill Pipe Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Drill Pipe Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Drill Pipe Forecasted Market Size by Region
7.2.1 Asia-Pacific Drill Pipe Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Drill Pipe Sales in Value by Region (2024-2029)
8 Latin America Drill Pipe by Country
8.1 Latin America Drill Pipe Historic Market Size by Country
8.1.1 Latin America Drill Pipe Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Drill Pipe Sales in Volume by Country (2018-2023)
8.1.3 Latin America Drill Pipe Sales in Value by Country (2018-2023)
8.2 Latin America Drill Pipe Forecasted Market Size by Country
8.2.1 Latin America Drill Pipe Sales in Volume by Country (2024-2029)
8.2.2 Latin America Drill Pipe Sales in Value by Country (2024-2029)
9 Middle East and Africa Drill Pipe by Country
9.1 Middle East and Africa Drill Pipe Historic Market Size by Country
9.1.1 Middle East and Africa Drill Pipe Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Drill Pipe Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Drill Pipe Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Drill Pipe Forecasted Market Size by Country
9.2.1 Middle East and Africa Drill Pipe Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Drill Pipe Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Hilong Group
10.1.1 Hilong Group Company Information
10.1.2 Hilong Group Introduction and Business Overview
10.1.3 Hilong Group Drill Pipe Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Hilong Group Drill Pipe Products Offered
10.1.5 Hilong Group Recent Development
10.2 National Oilwell Varco
10.2.1 National Oilwell Varco Company Information
10.2.2 National Oilwell Varco Introduction and Business Overview
10.2.3 National Oilwell Varco Drill Pipe Sales, Revenue and Gross Margin (2018-2023)
10.2.4 National Oilwell Varco Drill Pipe Products Offered
10.2.5 National Oilwell Varco Recent Development
10.3 Tenaris
10.3.1 Tenaris Company Information
10.3.2 Tenaris Introduction and Business Overview
10.3.3 Tenaris Drill Pipe Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Tenaris Drill Pipe Products Offered
10.3.5 Tenaris Recent Development
10.4 Vallourec
10.4.1 Vallourec Company Information
10.4.2 Vallourec Introduction and Business Overview
10.4.3 Vallourec Drill Pipe Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Vallourec Drill Pipe Products Offered
10.4.5 Vallourec Recent Development
10.5 TMK Group
10.5.1 TMK Group Company Information
10.5.2 TMK Group Introduction and Business Overview
10.5.3 TMK Group Drill Pipe Sales, Revenue and Gross Margin (2018-2023)
10.5.4 TMK Group Drill Pipe Products Offered
10.5.5 TMK Group Recent Development
10.6 Oil Country Tubular Limited
10.6.1 Oil Country Tubular Limited Company Information
10.6.2 Oil Country Tubular Limited Introduction and Business Overview
10.6.3 Oil Country Tubular Limited Drill Pipe Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Oil Country Tubular Limited Drill Pipe Products Offered
10.6.5 Oil Country Tubular Limited Recent Development
10.7 Tejas Tubular Grades
10.7.1 Tejas Tubular Grades Company Information
10.7.2 Tejas Tubular Grades Introduction and Business Overview
10.7.3 Tejas Tubular Grades Drill Pipe Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Tejas Tubular Grades Drill Pipe Products Offered
10.7.5 Tejas Tubular Grades Recent Development
10.8 Texas Steel Conversion
10.8.1 Texas Steel Conversion Company Information
10.8.2 Texas Steel Conversion Introduction and Business Overview
10.8.3 Texas Steel Conversion Drill Pipe Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Texas Steel Conversion Drill Pipe Products Offered
10.8.5 Texas Steel Conversion Recent Development
10.9 DP Master
10.9.1 DP Master Company Information
10.9.2 DP Master Introduction and Business Overview
10.9.3 DP Master Drill Pipe Sales, Revenue and Gross Margin (2018-2023)
10.9.4 DP Master Drill Pipe Products Offered
10.9.5 DP Master Recent Development
10.10 Jiangyin Long Bright Drill Pipe Manufacture
10.10.1 Jiangyin Long Bright Drill Pipe Manufacture Company Information
10.10.2 Jiangyin Long Bright Drill Pipe Manufacture Introduction and Business Overview
10.10.3 Jiangyin Long Bright Drill Pipe Manufacture Drill Pipe Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Jiangyin Long Bright Drill Pipe Manufacture Drill Pipe Products Offered
10.10.5 Jiangyin Long Bright Drill Pipe Manufacture Recent Development
10.11 Drill Pipe International
10.11.1 Drill Pipe International Company Information
10.11.2 Drill Pipe International Introduction and Business Overview
10.11.3 Drill Pipe International Drill Pipe Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Drill Pipe International Drill Pipe Products Offered
10.11.5 Drill Pipe International Recent Development
10.12 Superior Drill Pipe Manufacturing
10.12.1 Superior Drill Pipe Manufacturing Company Information
10.12.2 Superior Drill Pipe Manufacturing Introduction and Business Overview
10.12.3 Superior Drill Pipe Manufacturing Drill Pipe Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Superior Drill Pipe Manufacturing Drill Pipe Products Offered
10.12.5 Superior Drill Pipe Manufacturing Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Drill Pipe Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Drill Pipe Industrial Chain Analysis
11.4 Drill Pipe Market Dynamics
11.4.1 Drill Pipe Industry Trends
11.4.2 Drill Pipe Market Drivers
11.4.3 Drill Pipe Market Challenges
11.4.4 Drill Pipe Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Drill Pipe Distributors
12.3 Drill Pipe Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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