Global OCTG (Oil Country Tubular Goods) Market Report: 2016 Edition- Key players Tenaris S.A., Vallourec, OAO TMK, Nippon Steel and Sumitomo Metal Corporation
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The oil country tubular goods (OCTG) sector involves companies whose work is to make steel products to be used while drilling oil and gas wells. These are hollow steel products of circular cross-section used in the oil and gas industry for exploration and production activities. OCTG includes generally three categories of products - drill pipe, casing, and tubing. OCTG products can be manufactured as seamless or welded tubes and pipes. The OCTG manufacturers can generally either produce seamless or welded OCTG products and not both, as the capital investment to manufacture seamless OCTG is quite high in comparison to the investment required in manufacturing welded OCTG.
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The key factors which are anticipated to drive OCTG market include increasing global demand for oil and gas, economic growth, investment growth in offshore exploration activities and no substitute sources present for the present forms of energy. The industry is facing a decline in demand because of the falling oil prices and the decline in global rig count. The regions undergoing rapid industrialization process in the developed countries like China, India and Gulf nations have shown positive signs but the market will take time to bounce back on a positive note. Some of the significant developments of this industry include fluctuating rig count growth, increasing global E&P spending, and increasing global steel demand. However, the growth of the industry is hindered by the falling crude oil and steel prices, depletion of energy reserves and effect on the environment.
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Table of Content
1. Market Overview
1.1 OCTG Market: An Introduction
1.2 Types of Oil Country Tubular Goods (OCTG) Pipes
1.3 Oil Country Tubular Goods (OCTG) Manufacturing Process
2. OCTG Market Analysis
2.1 Global OCTG Demand
2.2 Global OCTG Demand – Shales vs. Others
2.2.1 Global Deep Water OCTG Consumption
2.2.2 Global Seamless OCTG Market
3. The US OCTG Market
3.1 The US Rig Count
3.2 The US OCTG Consumption
3.3 The US OCTG Consumption by Segment
4. Russian OCTG Market
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Increasing Demand for Oil & Gas
5.1.2 Accelerating Economic Growth
5.1.3 Investment Growth in Offshore Drilling Exploration Activities
5.1.4 No Substitute Sources of Energy
5.1.5 Future Global Energy Consumption
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The oil country tubular goods (OCTG) sector involves companies whose work is to make steel products to be used while drilling oil and gas wells. These are hollow steel products of circular cross-section used in the oil and gas industry for exploration and production activities. OCTG includes generally three categories of products - drill pipe, casing, and tubing. OCTG products can be manufactured as seamless or welded tubes and pipes. The OCTG manufacturers can generally either produce seamless or welded OCTG products and not both, as the capital investment to manufacture seamless OCTG is quite high in comparison to the investment required in manufacturing welded OCTG.
Download free Sample PDF report with TOC: http://www.researchmoz.us/enquiry.php?type=S&repid=636877
The key factors which are anticipated to drive OCTG market include increasing global demand for oil and gas, economic growth, investment growth in offshore exploration activities and no substitute sources present for the present forms of energy. The industry is facing a decline in demand because of the falling oil prices and the decline in global rig count. The regions undergoing rapid industrialization process in the developed countries like China, India and Gulf nations have shown positive signs but the market will take time to bounce back on a positive note. Some of the significant developments of this industry include fluctuating rig count growth, increasing global E&P spending, and increasing global steel demand. However, the growth of the industry is hindered by the falling crude oil and steel prices, depletion of energy reserves and effect on the environment.
Read All Oil and Gas Market Research Reports @ http://www.researchmoz.us/oil-and-gas-market-reports-102.html
Table of Content
1. Market Overview
1.1 OCTG Market: An Introduction
1.2 Types of Oil Country Tubular Goods (OCTG) Pipes
1.3 Oil Country Tubular Goods (OCTG) Manufacturing Process
2. OCTG Market Analysis
2.1 Global OCTG Demand
2.2 Global OCTG Demand – Shales vs. Others
2.2.1 Global Deep Water OCTG Consumption
2.2.2 Global Seamless OCTG Market
3. The US OCTG Market
3.1 The US Rig Count
3.2 The US OCTG Consumption
3.3 The US OCTG Consumption by Segment
4. Russian OCTG Market
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Increasing Demand for Oil & Gas
5.1.2 Accelerating Economic Growth
5.1.3 Investment Growth in Offshore Drilling Exploration Activities
5.1.4 No Substitute Sources of Energy
5.1.5 Future Global Energy Consumption
About ResearchMoz
ResearchMoz is the world's fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz's service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
Contact Us:
Mr. Nachiket
Albany NY, United States - 12207
Tel: +1-518-621-2074 / Tel: 866-997-4948 (Us-Canada Toll Free)
Email: sales@researchmoz.us
Follow us on LinkedIn at: http://bit.ly/1TBmnVG
Global OCTG (Oil Country Tubular Goods) Market Report: 2016 Edition- Key players Tenaris S.A., Vallourec, OAO TMK, Nippon Steel and Sumitomo Metal Corporation
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