Construction & Manufacturing

Drill Pipe Market in the Middle East 2015-2019

  • TEC320950
  • 109 Pages
  • July 2015
  • Construction & Manufacturing
About Drill Pipes
Drill pipes are an essential part of the drill string, forming its longest component. 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 called 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, aluminum and titanium alloys are also used as raw material for drill pipes. The bars of alloys are bored from one end to the other to provide a passage for drilling fluids. Drill pipes are segmented into various grades depending on their material properties such as tensile strength and yield strength. A standard drill pipe is about 30 to 33 feet in length. Drill pipes are characterized by high tensile strength and fatigue resistance.
Technavio's analysts forecast the drill pipe market in the Middle East to grow at a CAGR of 12.04% in terms of revenue during 2014-2019.
Covered in this Report
The report includes the present scenario and the growth prospects of the drill pipe market in the Middle East for 2015-2019. The market can be divided into the following segments:
Raw materials: alloys and composites
Applications: onshore and offshore
Technavio's report, Drill Pipe Market in the Middle East 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a discussion of the key vendors operating in this market.
Key Countries
Iran
Iraq
Kuwait
Saudi Arabia
UAE
Key Vendors
DP-Master
Halliburton
Hunting
Schlumberger
Tasman Oil Tools
Tenaris
Vallourec
Weatherford International
Other Prominent Vendors

ACE
Aliron Tool Research
Challenger International
Command Energy Services
Downhole Oil Tools
National Oilwell Varco
Oil Tools International Services Private
Wenzel Downhole Tools
Workstrings International
Key Market Driver
Increased Global Demand for Oil and Gas
For a full, detailed list, view our report
Key Market Challenge
Increase in Geopolitical Issues
For a full, detailed list, view our report
Key Market Trend
Advances in Technology
For a full, detailed list, view our report
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?
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