Global Oil Country Tubular Goods (OCTG) Market to Grow at a CAGR of 6.214% During Forecast 2016-2020
The global oil country tubular goods market pertains to the family of consumables consisting of drill pipe, casing, and tubing that are extensively utilized in the global oil and gas operations. They refer to a class of steel pipe products that have varied applications across the upstream oil and gas industry. These goods are seamless or welded; however, a new segment of pipes is slowly evolving, which is neither of the above two mentioned classes.
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