Global Oil & Gas Conductor Pipe Market, 2019-2023 - Dominated by Cenergy Holdings, Mertex UK, Sumitomo, Tenaris, and TMK - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 6, 2019--The “Global Oil and Gas Conductor Pipe Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The oil and gas conductor pipe market will register a CAGR of almost 7% by 2023.
Increase in onshore and offshore oil and gas drilling projects due to high global crude oil prices has motivated oil and gas companies to invest in projects due to potential profits.
The increase in drilling activities has consequently surged the requirement for drilling equipment to prepare the well. Apart from conventional drilling activities, directional drilling technique is also used for unconventional oil and gas production.
The gradual recovery in the prices of crude oil from the third quarter of 2016 resulted in a global increase in the number of active rigs. This increase in active rigs has heightened the number of wells being drilled in both onshore and offshore well sites. This drives the demand for equipment required during well drilling, thereby driving the market.
Growing consumption of oil and gas
Major oil and gas companies have resorted to exploration and production projects to support the need for oil and gas. The demand for fuel in developing economies and from developed economies, the largest consumers of fuel, is increasing.
Increase in adoption of renewable energy
Increase in renewable energy sources will impact the adoption of conventional fuels in the market. They have a negative impact on the growth of the conventional fuels market, which will affect the market during our forecast period.
The global oil and gas conductor pipe market is fairly fragmented, and as the market is in a growth phase, the competition among companies is intense. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Key PlayersCenergy Holdings Mertex UK Sumitomo Tenaris TMK
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPEMarket ecosystem Market characteristics Market segmentation analysis
PART 04: MARKET SIZINGMarket definition Market sizing 2018 Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSISBargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition
PART 06: MARKET SEGMENTATION BY APPLICATIONComparison by application Onshore - Market size and forecast 2018-2023 Offshore - Market size and forecast 2018-2023 Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPEGeographic comparison Americas - Market size and forecast 2018-2023 APAC - Market size and forecast 2018-2023 EMEA - Market size and forecast 2018-2023 Key leading countries Market opportunity
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDSRise in deepwater and ultra-deepwater projects Declining cost of raw materials Recovering global upstream oil and gas investments
PART 11: VENDOR LANDSCAPEOverview Landscape disruption Competitive scenario
PART 12: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors Cenergy Holdings Mertex UK Sumitomo Tenaris TMK
For more information about this report visit https://www.researchandmarkets.com/research/7vm6vf/global_oil_and?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190206005536/en/
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INDUSTRY KEYWORD: ENERGY OIL/GAS MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 02/06/2019 11:49 AM/DISC: 02/06/2019 11:48 AM