Report overview
The global Steel for Oil Well Pipe market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
Carbon Steel Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Steel for Oil Well Pipe include Nippon Steel & Sumitomo Metal Corporation, Tenaris, Vallourec, TMK Group, JFE Steel Corporation, United States Steel Corporation, Tubos Reunidos Industrial, Sandvik AB and ArcelorMittal, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Steel for oil well pipes must have special characteristics to withstand the harsh conditions of oil drilling and production. The most commonly used steel grade for oil well pipe is API J55, which is a low carbon steel with high corrosion resistance and good tensile strength. Other grades commonly used for oil well pipelines include API grade N80 and L80, which have high strength and toughness. In addition to these grades, oil well tubing can also be made of alloy steel, which is specially prepared to provide additional strength and corrosion resistance. The specific grade of steel used for oil well pipelines will depend on the specific requirements of the oil well and its operating conditions.
This report aims to provide a comprehensive presentation of the global market for Steel for Oil Well Pipe, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Steel for Oil Well Pipe. This report contains market size and forecasts of Steel for Oil Well Pipe in global, including the following market information:
Global Steel for Oil Well Pipe Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global Steel for Oil Well Pipe Market Sales, 2019-2024, 2025-2030, (K Tons)
Global top five Steel for Oil Well Pipe companies in 2023 (%)
We surveyed the Steel for Oil Well Pipe manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Steel for Oil Well Pipe Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Tons)
Global Steel for Oil Well Pipe Market Segment Percentages, by Type, 2023 (%)
Carbon Steel
Alloy Steel
Stainless Steel
Duplex Steel
Nickel-base Alloy Steel
Global Steel for Oil Well Pipe Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Tons)
Global Steel for Oil Well Pipe Market Segment Percentages, by Application, 2023 (%)
Exploration and Production
Refining
Others
Global Steel for Oil Well Pipe Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Tons)
Global Steel for Oil Well Pipe Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Steel for Oil Well Pipe revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Steel for Oil Well Pipe revenues share in global market, 2023 (%)
Key companies Steel for Oil Well Pipe sales in global market, 2019-2024 (Estimated), (K Tons)
Key companies Steel for Oil Well Pipe sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Nippon Steel & Sumitomo Metal Corporation
Tenaris
Vallourec
TMK Group
JFE Steel Corporation
United States Steel Corporation
Tubos Reunidos Industrial
Sandvik AB
ArcelorMittal
NSSMC Nippon Steel Corporation
Schulz Xtruded Products
Baosteel Group Corporation
Salzgitter AG
Techint Group
PSL Limited
Jiangsu Changbao Steel Tube
IPP Europe Ltd
Maharashtra Seamless Limited
Outline of Major Chapters:
Chapter 1: Introduces the definition of Steel for Oil Well Pipe, market overview.
Chapter 2: Global Steel for Oil Well Pipe market size in revenue and volume.
Chapter 3: Detailed analysis of Steel for Oil Well Pipe manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Steel for Oil Well Pipe in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: 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 8: Global Steel for Oil Well Pipe capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
