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Global OCTG Market Analysis By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 1/12/2023
  • NO OF PAGES
  • 264
  • CATEGORY
  • Heavy Industry
OCTG market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.

Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The OCTG market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the OCTG manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the OCTG market covering all its essential aspects.

Global OCTG Market: Segmentations

Global OCTG Market: By Key Players
Tenaris
Vallourec
TMK Group
TPCO
Nippon Steel & Sumitomo Metal
U. S. Steel Tubular Products
ArcelorMittal
SANDVIK
Zekelman Industries
SB international Inc
Continental Alloys & Services
Baosteel
Changbao
Hengyang Valin Steel Tube
JFE
Interpipe
Voestalpine
Evraz
JESCO
Jindal Saw
Maharashtra
SeAH Steel
Nexteel
Hyundai Hysco

Global OCTG Market: By Types
Casing
Tubing

Global OCTG Market: By Applications
Onshore
Offshore



Global OCTG Market: Regional Analysis
The countries covered in the regional analysis of the Global OCTG market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global OCTG market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of OCTG would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the OCTG Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by OCTG Revenue
1.4 Market Analysis by Type
1.4.1 Global OCTG Market Size Growth Rate by Type: 2023 VS 2032
1.4.2 Casing
1.4.3 Tubing
1.5 Market by Application
1.5.1 Global OCTG Market Share by Application: 2023-2032
1.5.2 Onshore
1.5.3 Offshore
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global OCTG Market
1.8.1 Global OCTG Market Status and Outlook (2017-2032)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global OCTG Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global OCTG Revenue Market Share by Manufacturers (2017-2022)
2.3 Global OCTG Average Price by Manufacturers (2017-2022)
2.4 Manufacturers OCTG Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global OCTG Sales Volume Market Share by Region (2017-2022)
3.2 Global OCTG Sales Revenue Market Share by Region (2017-2022)
3.3 North America OCTG Sales Volume
3.3.1 North America OCTG Sales Volume Growth Rate (2017-2022)
3.3.2 North America OCTG Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 East Asia OCTG Sales Volume
3.4.1 East Asia OCTG Sales Volume Growth Rate (2017-2022)
3.4.2 East Asia OCTG Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe OCTG Sales Volume (2017-2022)
3.5.1 Europe OCTG Sales Volume Growth Rate (2017-2022)
3.5.2 Europe OCTG Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 South Asia OCTG Sales Volume (2017-2022)
3.6.1 South Asia OCTG Sales Volume Growth Rate (2017-2022)
3.6.2 South Asia OCTG Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Southeast Asia OCTG Sales Volume (2017-2022)
3.7.1 Southeast Asia OCTG Sales Volume Growth Rate (2017-2022)
3.7.2 Southeast Asia OCTG Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.8 Middle East OCTG Sales Volume (2017-2022)
3.8.1 Middle East OCTG Sales Volume Growth Rate (2017-2022)
3.8.2 Middle East OCTG Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.9 Africa OCTG Sales Volume (2017-2022)
3.9.1 Africa OCTG Sales Volume Growth Rate (2017-2022)
3.9.2 Africa OCTG Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.10 Oceania OCTG Sales Volume (2017-2022)
3.10.1 Oceania OCTG Sales Volume Growth Rate (2017-2022)
3.10.2 Oceania OCTG Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.11 South America OCTG Sales Volume (2017-2022)
3.11.1 South America OCTG Sales Volume Growth Rate (2017-2022)
3.11.2 South America OCTG Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.12 Rest of the World OCTG Sales Volume (2017-2022)
3.12.1 Rest of the World OCTG Sales Volume Growth Rate (2017-2022)
3.12.2 Rest of the World OCTG Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
4 North America
4.1 North America OCTG Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia OCTG Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe OCTG Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia OCTG Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia OCTG Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East OCTG Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa OCTG Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania OCTG Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America OCTG Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World OCTG Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global OCTG Sales Volume Market Share by Type (2017-2022)
14.2 Global OCTG Sales Revenue Market Share by Type (2017-2022)
14.3 Global OCTG Sales Price by Type (2017-2022)
15 Consumption Analysis by Application
15.1 Global OCTG Consumption Volume by Application (2017-2022)
15.2 Global OCTG Consumption Value by Application (2017-2022)
16 Company Profiles and Key Figures in OCTG Business
16.1 Tenaris
16.1.1 Tenaris Company Profile
16.1.2 Tenaris OCTG Product Specification
16.1.3 Tenaris OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.2 Vallourec
16.2.1 Vallourec Company Profile
16.2.2 Vallourec OCTG Product Specification
16.2.3 Vallourec OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.3 TMK Group
16.3.1 TMK Group Company Profile
16.3.2 TMK Group OCTG Product Specification
16.3.3 TMK Group OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.4 TPCO
16.4.1 TPCO Company Profile
16.4.2 TPCO OCTG Product Specification
16.4.3 TPCO OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.5 Nippon Steel & Sumitomo Metal
16.5.1 Nippon Steel & Sumitomo Metal Company Profile
16.5.2 Nippon Steel & Sumitomo Metal OCTG Product Specification
16.5.3 Nippon Steel & Sumitomo Metal OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.6 U. S. Steel Tubular Products
16.6.1 U. S. Steel Tubular Products Company Profile
16.6.2 U. S. Steel Tubular Products OCTG Product Specification
16.6.3 U. S. Steel Tubular Products OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.7 ArcelorMittal
16.7.1 ArcelorMittal Company Profile
16.7.2 ArcelorMittal OCTG Product Specification
16.7.3 ArcelorMittal OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.8 SANDVIK
16.8.1 SANDVIK Company Profile
16.8.2 SANDVIK OCTG Product Specification
16.8.3 SANDVIK OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.9 Zekelman Industries
16.9.1 Zekelman Industries Company Profile
16.9.2 Zekelman Industries OCTG Product Specification
16.9.3 Zekelman Industries OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.10 SB international Inc
16.10.1 SB international Inc Company Profile
16.10.2 SB international Inc OCTG Product Specification
16.10.3 SB international Inc OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.11 Continental Alloys & Services
16.11.1 Continental Alloys & Services Company Profile
16.11.2 Continental Alloys & Services OCTG Product Specification
16.11.3 Continental Alloys & Services OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.12 Baosteel
16.12.1 Baosteel Company Profile
16.12.2 Baosteel OCTG Product Specification
16.12.3 Baosteel OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.13 Changbao
16.13.1 Changbao Company Profile
16.13.2 Changbao OCTG Product Specification
16.13.3 Changbao OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.14 Hengyang Valin Steel Tube
16.14.1 Hengyang Valin Steel Tube Company Profile
16.14.2 Hengyang Valin Steel Tube OCTG Product Specification
16.14.3 Hengyang Valin Steel Tube OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.15 JFE
16.15.1 JFE Company Profile
16.15.2 JFE OCTG Product Specification
16.15.3 JFE OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.16 Interpipe
16.16.1 Interpipe Company Profile
16.16.2 Interpipe OCTG Product Specification
16.16.3 Interpipe OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.17 Voestalpine
16.17.1 Voestalpine Company Profile
16.17.2 Voestalpine OCTG Product Specification
16.17.3 Voestalpine OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.18 Evraz
16.18.1 Evraz Company Profile
16.18.2 Evraz OCTG Product Specification
16.18.3 Evraz OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.19 JESCO
16.19.1 JESCO Company Profile
16.19.2 JESCO OCTG Product Specification
16.19.3 JESCO OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.20 Jindal Saw
16.20.1 Jindal Saw Company Profile
16.20.2 Jindal Saw OCTG Product Specification
16.20.3 Jindal Saw OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.21 Maharashtra
16.21.1 Maharashtra Company Profile
16.21.2 Maharashtra OCTG Product Specification
16.21.3 Maharashtra OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.22 SeAH Steel
16.22.1 SeAH Steel Company Profile
16.22.2 SeAH Steel OCTG Product Specification
16.22.3 SeAH Steel OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.23 Nexteel
16.23.1 Nexteel Company Profile
16.23.2 Nexteel OCTG Product Specification
16.23.3 Nexteel OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.24 Hyundai Hysco
16.24.1 Hyundai Hysco Company Profile
16.24.2 Hyundai Hysco OCTG Product Specification
16.24.3 Hyundai Hysco OCTG Production Capacity, Revenue, Price and Gross Margin (2017-2022)
17 OCTG Manufacturing Cost Analysis
17.1 OCTG Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of OCTG
17.4 OCTG Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 OCTG Distributors List
18.3 OCTG Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of OCTG (2023-2032)
20.2 Global Forecasted Revenue of OCTG (2023-2032)
20.3 Global Forecasted Price of OCTG (2017-2032)
20.4 Global Forecasted Production of OCTG by Region (2023-2032)
20.4.1 North America OCTG Production, Revenue Forecast (2023-2032)
20.4.2 East Asia OCTG Production, Revenue Forecast (2023-2032)
20.4.3 Europe OCTG Production, Revenue Forecast (2023-2032)
20.4.4 South Asia OCTG Production, Revenue Forecast (2023-2032)
20.4.5 Southeast Asia OCTG Production, Revenue Forecast (2023-2032)
20.4.6 Middle East OCTG Production, Revenue Forecast (2023-2032)
20.4.7 Africa OCTG Production, Revenue Forecast (2023-2032)
20.4.8 Oceania OCTG Production, Revenue Forecast (2023-2032)
20.4.9 South America OCTG Production, Revenue Forecast (2023-2032)
20.4.10 Rest of the World OCTG Production, Revenue Forecast (2023-2032)
20.5 Forecast by Type and by Application (2023-2032)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2023-2032)
20.5.2 Global Forecasted Consumption of OCTG by Application (2023-2032)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of OCTG by Country
21.2 East Asia Market Forecasted Consumption of OCTG by Country
21.3 Europe Market Forecasted Consumption of OCTG by Countriy
21.4 South Asia Forecasted Consumption of OCTG by Country
21.5 Southeast Asia Forecasted Consumption of OCTG by Country
21.6 Middle East Forecasted Consumption of OCTG by Country
21.7 Africa Forecasted Consumption of OCTG by Country
21.8 Oceania Forecasted Consumption of OCTG by Country
21.9 South America Forecasted Consumption of OCTG by Country
21.10 Rest of the world Forecasted Consumption of OCTG by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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