Los Angeles, CA -- (SBWire) -- 04/15/2019 --Drill collars are thick-walled tubular pieces machined from solid bars of steel, usually plain carbon steel but sometimes of nonmagnetic nickel-copper alloy or other nonmagnetic premium alloys.
Americans is the largest region of Drill Collar in the world in the past few years and it will keep increasing in the next few years. Americans market took up about 46.18% the global market in 2018, while Europe and Asia-Pacific were about 31.91%, 13.25%.
The global Drill Collar market was 140 million US$ in 2018 and is expected to 150 million US$ by the end of 2025, growing at a CAGR of 1.3% between 2019 and 2025.
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This report studies the Drill Collar market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Drill Collar in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Deutsche Edelstahlwerke (DEW)
Hunting PLC
Vallourec
Vigor Drilling
International Drilling Services (IDS)
Schoeller-Bleckmann
National Oilwell Varco (NOV)
Schlumberger
Zhong Yuan Special Steel
Shanxi Fenglei Drilling Tools
Henan Shenlong
Carpenter Technology
ACE O.C.T.G.
By the product type, the market is primarily split into
Standard Steel Drill Collar
Non-magnetic Drill Collar
By the end users/application, this report covers the following segments
Oil & Gas Exploration
Geothermal Exploration
Others
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Global Drill Collar Market to Reach at US $150 Mn by the End of 2025
Drill Collar Market report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.