Research and Markets: Global Drill Pipe Market 2015-2019 – Market to Grow at a CAGR of 9.58%

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/ln23cs/global_drill_pipe) has announced the addition of the “Global Drill Pipe Market 2015-2019” report to their offering.

The global drill pipe market to grow at a CAGR of 9.58%, in terms of revenue, over the period 2014-2019.

The report, Global Drill Pipe Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the forecast of the global drill pipe market and its growth prospects in the coming years. The report also includes the segmentation on the basis of application, raw materials, and geography. The report also includes a discussion of the key vendors operating in this market.

Drill pipes are an essential part of the drill string. They form the longest component of the drill string. Drill pipes are hollow thick-walled steel pipes with threaded connections at both ends. The end with an external thread is known as the male end, whereas the end with an internal thread is known as the female end. The basic purpose of a drill pipe is to provide a connection between the surface equipment and BHA for drilling purposes. Drill pipes are generally machined out of solid steel alloy bars as per API specifications.

However, aluminium and titanium alloys are also used. The bars of alloys are bored from one end to the other to provide passage for drilling fluids. Drill pipes are segmented into various grades depending on their material properties such as tensile strength and yield strength. Standard drill pipes are about 30 feet to 33 feet in length. Drill pipes are characterized by high tensile strength and resistance to fatigue.

Key Vendors

– DP Master

– Hilong Group

– Hunting

– Superior Drillpipe Manufacturing

– Tasman Oil Tools

– Tenaris

– Vallourec

Other Prominent Vendors

– ACE

– Aliron Tool Research

– American Oilfield Tools

– Bilco Tools

– Challenger International

– Command Energy Services

– Downhole Oil Tools

– Logan Oil Tools

– Magnum Oil Tool International

– National Oilwell Varco

– Oil Tools International Services Private

– Schoeller Bleckmann Oilfield Equipment

– Wenzel Downhole Tools

– Workstrings International

Key Questions Answered in this Report

– What will the market size be in 2019 and what will the growth rate be?

– What are the key market trends?

– What is driving this market?

– What are the challenges to market growth?

– Who are the key vendors in this market space?

– What are the market opportunities and threats faced by the key vendors?

– What are the strengths and weaknesses of the key vendors?

For more information visit http://www.researchandmarkets.com/research/ln23cs/global_drill_pipe

View source version on businesswire.com: http://www.businesswire.com/news/home/20150804005900/en/

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