Los Angeles, CA -- (SBWire) -- 10/10/2018 --This report studies the Non-magnetic Alloy Drill Collar market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; 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.
Non-Magnetic Alloy Drill Collar is the use of N1310 low carbon alloy steel, the material is through rigorous analysis of chemical composition of forged. The mechanical properties of the material can ensure the hardness, toughness, and impact value and corrosion resistance to meet the standard, with good low permeability and good mechanical processing performance. Because all magnetic measuring instruments are used to measure the direction of the borehole, the induction is the earth's magnetic field, so the measuring instrument must be a non-magnetic environment. However in the process of drilling tools often is magnetic, magnetic field, magnetic measurement instrument of, cannot be correct trajectory measurement data, using non-magnetic Drill Collar can be implemented without magnetic environment, and has the characteristics of drilling of the Drill Collar. Figure Picture of Non-magnetic Alloy Drill Collar.
Non-Magnetic Alloy Drill Collar industry has been developed for many years, and this industry has developed very mature now in developed countries. But in developing countries like China, the industry there is far from mature. In the current environment of global recession, Non-Magnetic Alloy Drill Collar industry declined.
Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, in future still more new investment will enter into the field. Technology and cost are two major problems.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Non-magnetic Alloy Drill Collar in these regions, from 2013 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)
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
Vallourec
Schoeller-Bleckmann
Drilling Tools International
NOV
Hunting Energy Services Inc.
Stabil Drill
RDT-USA
ACE O.C.T.G. Ltd
JA Oilfield Manufacturing, Inc.
API Engineering Ltd.
Zhong Yuan Special Steel
Shanxi Fenglei Drilling Tools
Shanxi YIDA Special Steel Group
Henan Shenlong Petroleum Drilling Tools
Dezhou Dana's Petroleum Technology Service
Inner Mongolia North Heavy Industries Group
Jiangsu Elite Petroleum Technology
By the product type, the market is primarily split into
Spiral
Slick
By the end users/application, this report covers the following segments
Oil Drilling
Underground Thermal Well
Others
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Non-Magnetic Alloy Drill Collar Market Size, Growth Opportunities and Forecast to 2025
The global Non-magnetic Alloy Drill Collar market was 76 million US$ in 2017 and is expected to 100 million US$ by the end of 2025, growing at a CAGR of 3.4% between 2018 and 2025.