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Oil and Gas Conductor Pipe Market by Application and Geography - Forecast and Analysis 2020-2024

Oil and Gas Conductor Pipe Market by Application and Geography - Forecast and Analysis 2020-2024

Published: Jun 2020 120 Pages SKU: IRTNTR44024

The oil and gas conductor pipe market size has the potential to grow by $ 166.27 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by application (onshore and offshore) and geography (North America, APAC, Europe, MEA, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Cenergy Holdings SA, Essar Steel India Ltd., HANNON HYDRUALICS LLC, JFE Holdings Inc., Mertex UK Ltd., Nippon Steel Corp., PAO TMK, Schlumberger Ltd., Sumitomo Corp., and Tenaris SA.

Market Overview

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Market Competitive Analysis

The market is fragmented. Cenergy Holdings SA, Essar Steel India Ltd., HANNON HYDRUALICS LLC, JFE Holdings Inc., Mertex UK Ltd., Nippon Steel Corp., PAO TMK, Schlumberger Ltd., Sumitomo Corp., and Tenaris SA are some of the major market participants. Factors such as increase in global rig count, growing consumption of oil and gas, and rise in unconventional drilling activities will offer immense growth opportunities. However, increase in adoption of renewable energy, fluctuations in global crude oil prices, and world bank ceases funding for oil and gas projects may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this oil and gas conductor pipe market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this oil and gas conductor pipe market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Cenergy Holdings SA
  • Essar Steel India Ltd.
  • HANNON HYDRUALICS LLC
  • JFE Holdings Inc.
  • Mertex UK Ltd.
  • Nippon Steel Corp.
  • PAO TMK
  • Schlumberger Ltd.
  • Sumitomo Corp.
  • Tenaris SA

Oil and Gas Conductor Pipe Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. North America will offer several growth opportunities to market vendors during the forecast period. The rise in deepwater and ultra-deepwater projects, declining cost of raw materials, and recovering global upstream oil and gas investments will significantly influence oil and gas conductor pipe market's growth in this region.

43% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for oil and gas conductor pipes in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the oil and gas conductor pipe market size.

Oil and Gas Conductor Pipe Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will oil and gas conductor pipe market growth during the next five years
  • Precise estimation of the oil and gas conductor pipe market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the oil and gas conductor pipe market industry across North America, APAC, Europe, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of oil and gas conductor pipe market vendors

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Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

Oil and Gas Conductor Pipe market growth will increase by 166.27 million during 2019-2024.

The Oil and Gas Conductor Pipe market is expected to grow at a CAGR of 3.72% during 2019-2024.

Oil and Gas Conductor Pipe market is segmented by Application( Onshore, Offshore) Geographic( North America, APAC, Europe, MEA, South America)

Cenergy Holdings SA, Essar Steel India Ltd., HANNON HYDRUALICS LLC, JFE Holdings Inc., Mertex UK Ltd., Nippon Steel Corp., PAO TMK, Schlumberger Ltd., Sumitomo Corp., Tenaris SA are a few of the key vendors in the Oil and Gas Conductor Pipe market.

North America will register the highest growth rate of 43.36% among the other regions. Therefore, the Oil and Gas Conductor Pipe market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

US, China, Russian Federation, Canada, Argentina

  • Increase in global rig count is the driving factor this market.

The Oil and Gas Conductor Pipe market vendors should focus on grabbing business opportunities from the Onshore segment as it accounted for the largest market share in the base year.