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Drill Collar Market Size, Market Status and Future Forecasts to 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.

 

Los Angeles, CA -- (SBWIRE) -- 03/20/2019 -- Drill collars 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)

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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