市場調查報告書
商品編碼
1150255
全球鑽桿市場規模/份額/行業趨勢分析報告:按類型(標準、重量級)、按應用(陸上、海上)、等級(API、高級)、按地區劃分的展望和預測,2022-2028年版Global Drill Pipe Market Size, Share & Industry Trends Analysis Report By Type (Standard and Heavy Weight), By Application (Onshore and Offshore), By Grade (API and Premium), By Regional Outlook and Forecast, 2022 - 2028 |
全球鑽桿市場規模預計將在 2028 年達到 18 億美元,預測期內復合年增長率為 5.5%。
私有等級的性能通常高於 API SPEC 5DP 的要求。由於其改進的性能特徵,這些等級已針對關鍵服務、酸性服務和其他用戶定義的要求而開發。硫化物應力腐蝕可抵抗酸性服務等級 (SSC)。當存在硫化氫時,會發生 SSC。氫氣侵入會降低鋼種的延展性,使其在更高的應力、更低的 pH 值、更低的溫度和更高的氯化物含量下更容易發生裂紋擴展和斷裂。
COVID-19 影響分析
最初,大流行嚴重破壞了鑽桿市場。冠狀病毒 (COVID-19) 已在許多國家和地區迅速傳播,並對個人生活和整個社區產生了重大負面影響。它對國際貿易、經濟和金融體系構成嚴重威脅。由於 COVID-19 爆發,一些產品已經停產。由於 COVID-19 流行病導致油價下跌,上游活動被暫時推遲或暫停,對每個上游參與者都產生了不利影響。
市場增長因素
推進石油和天然氣行業的自動化
石油和天然氣自動化(也稱為油田機械化或自動化)是一套不斷發展的程序,其中許多正在利用數字化,使能源公司在全球市場上更加成功。它還可以幫助您與競爭對手競爭石油和天然氣行業的自動化包括鑽井、製造活動、過程監控、運輸、供應鏈、安全、零售業務等。有些領域更適合自動化。
對汽油和汽油基產品的需求增加
自從第一口油井被挖出以來,石油資源已成為日常生活中不可或缺的一部分。它已用作汽車燃料以及電力公司和設施的動力源。用於增加糧食產量的肥料和我們每天使用的各種物品的原材料塑料也是重要的材料。此外,石化產品還用於汽車、農業綜合企業、紡織、電氣/電子、建築、家居用品、醫療器械、包裝和製藥等各個行業。
市場製約因素
多變的原材料價格和缺乏互操作性
鑽桿的一個主要問題是缺乏互操作性。 API 有標準,但它們只是在一定程度上是必需的。雖然標準是由API制定的,但它只是一個必要的範圍,製造商可以通過優先考慮客戶的要求來製造管道。因此,它僅限於在某些任務和機器之外使用。此外,低互操作性加劇了管道使用後管理不嚴,或者更確切地說,增加了質量感。這種互操作性問題在許多國家都沒有受到重視,並且是限制其發展的一個因素。
按類型劃分的前景
鑽桿市場按類型分為標準鑽桿和重型鑽桿 (HWDP)。重量級鑽桿部分在 2021 年贏得了鑽桿市場的重要收入份額。重型鑽桿 (HWDP) 是用作過渡件或增加鑽柱重量的管子。它充當鑽鋌和普通鑽桿之間的鑽桿連接段,以減輕疲勞失效。其他的用作額外的重量來減慢鑽桿的速度。
應用展望
鑽桿分為海上和陸上應用。陸上部分將在 2021 年佔據鑽桿市場的最大收入份額。這是因為陸上水井更容易獲得,也更容易挖掘,從而促進了開採過程。陸上油井用於提取大量石油和天然氣。這些比海上油井更容易開採,因為它們更容易獲得併且相□□對容易鑽探。
成績展望
按級別,鑽桿市場分為 API 和高級。 2021 年,優質等級在鑽桿市場中佔據了重要的收入份額。 Premium Class 名稱僅適用於使用的標準重量鑽桿。管道的剩餘壁厚(WT)不應小於新公稱壁厚的80%。這些管道已成為行業標準。預用、經濟高效且隨時可用。
區域展望
按地區劃分,鑽桿按北美、歐洲、亞太、拉姆區的順序進行分析。北美在 2021 年以最高的收入份額主導了鑽桿市場。這是由於水力壓裂和水平鑽井等現代鑽井技術的出現。美國現在擁有最大的區域市場份額,非常規鑽探技術的改進吸引了石油和天然氣鑽探項目的大量支出。
The Global Drill Pipe Market size is expected to reach $1.8 billion by 2028, rising at a market growth of 5.5% CAGR during the forecast period.
A drill pipe is a hollow, thick-walled conduit used during rig drilling operations to transmit drilling fluid from the wellbore to the drill bit. Drill pipes are steel pipes that are seamless and are included in the assembling of the drill string. These pipes are designed to withstand the tremendous external and internal pressures that fluids during drilling produce. It is produced, examined, and tested in accordance with the requirements established by the American Petroleum Institute (API).
According to their API grade, drill pipes are categorized as X-95, E grade, G-105, and S-135. With a total yield strength lesser than 80,000 psi, Grade E drill pipe, sometimes known as mild steel, per unit area has the lowest yield strength. Compared to drill pipe grades with higher strengths, it may withstand more stretch or strain before breaking. Additionally, it is less prone to cracking and corrosion. In wells of medium depth between 10,000 and 15,000 feet, Grade E is used. The grades S-135, X-95, and G-105 are regarded as being of high strength. They have higher yield strengths, which are necessary to serve deeper wells.
Private grades frequently go above what is required by API SPEC 5DP. They were developed for critical service, sour service, as well as other user-defined requirements because of their improved performance characteristics. Sulfide stress corrosion is resistant to sour service grades (SSC). When hydrogen sulfide is present, SSC may happen. Ingress of hydrogen reduces the ductility of steel grades, making them more vulnerable to crack growth and failure along with higher stresses, low pH, lower temperatures, and high chloride content.
COVID-19 Impact Analysis
In the beginning, the pandemic severely damaged the drill pipe market. The coronavirus (COVID-19) spread quickly across many nations and regions, having a significant negative effect on both individual lives and the community as a whole. It became a serious threat to international trade, the economy, and the financial system. Due to lockdowns brought on by the COVID-19 pandemic, several products in the making were put on hold. The reduced crude oil prices brought on by the COVID-19 pandemic hindered upstream activities such that they were temporarily postponed or stopped, which had a negative impact on various upstream players.
Market Growth Factors
Increasing Automation of Oil and Gas Industry
Oil and natural gas automation, often known as oilfield mechanization or automation, is a developing set of procedures, many of which make use of digitalization that could also help energy companies compete more successfully on the world market. Top prospects for automation in the oil and gas sector include drilling, manufacturing activities and process monitoring, transportation, supply chain, safety, and retail operations. Some sectors of the economy are more amenable to automation than others.
Rising Demand for Petrol and Petrol Based Products
Since the first petroleum well was drilled, the resource has become a vital component of daily life. It has served as fuel for vehicles, a source of electricity for power companies and equipment. It is also an important commodity to make fertilizer to boost food production, and a source of plastic to make a variety of items that are used every day. Additionally, petrochemical chemicals are utilized in a variety of industries, including automotive, agribusiness, textile, electrical and electronics, construction, household goods, medical devices, packaging, and pharmaceutical.
Market Restraining Factors
Fluctuating Raw Material Prices and Lack of Interoperability
A major concern with drill pipes is their lack of interoperability. While standards are available by API, they are only necessary to an extent. Manufacturers can still produce pipes with respect to a customer's priorities. This restricts their usage beyond a certain operation and machine. Additionally, the recessive interoperability actually magnifies the dearth of management in the pipes' after use or its premium nature. This factor has the potential to stifle expansion by these ringing interoperability problems in a number of nations.
Type Outlook
Based on type, the drill pipe market is bifurcated into standard drill pipe and heavy weight drill pipe (HWDP). The heavy-weight drill pipe segment garnered a significant revenue share in the drill pipe market in 2021. Heavy weight drill pipe (HWDP) is a tube that functions as a transitional piece or to add weight to the drill string. It serves as a connecting segment of the drill pipe in between the drill collar and the regular drill pipe to lessen fatigue failures. The HWDP is employed in other applications as an extra weight to slow down the drill pipe.
Application Outlook
Based on the application, the drill pipe is categorized into offshore and onshore. The onshore segment garnered the maximum revenue share in the drill pipe market in 2021. This is because onshore wells are more readily available and very simple to dig, which facilitates the extraction process. Onshore wells are used to extract a lot of oil and gas. These are easier to extract than offshore wells since they are more readily available and relatively simple to drill.
Grade Outlook
On the basis of grade, the drill pipe market is divided into API and premium. The premium segment recorded a substantial revenue share in the drill pipe market in 2021. The Premium Class designation applies only to the used normal-weight drill pipe. The tube's remaining wall thickness (WT) shall not be less than 80% of the new nominal wall thickness. These pipes have become the norm throughout the industry. Since they are used, they are cost-effective and easily available as well.
Regional Outlook
On the basis of region, the drill pipe is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America dominated the drill pipe market with the highest revenue share in 2021. It is owing to the emergence of modern drilling techniques like hydraulic fracturing and horizontal drilling. Due to improvements in unconventional drilling technology that have attracted significant expenditures for oil and gas drilling projects, the US currently owns the greatest part of the regional market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hilong Group of Companies, Drill Pipes International LLC (Jindal Saw Ltd.). NOV, Inc., Oil Country Tubular Ltd., PetroMaterials Corporation, Tejas Tubular Products, Inc., Tenaris S.A., TEXAS STEEL CONVERSION, INC., PAO TMK and WEATHEROCK GROUP HOLDING LIMITED
Strategies deployed in Drill Pipe Market
Jul-2022: Tenaris took over Benteler Steel & Tube Manufacturing Corporation, a Benteler group company. From this acquisition, Tenaris increased its production capacity and manufacturing penetration in the local US market. Additionally, Benteler Steel & Tube Manufacturing Corporation is a U.S. developer of seamless steel pipe, with a yearly pipe rolling capacity of up to 400,000 metric tons at its manufacturing facility located in Shreveport, Louisiana.
Mar-2022: Texas Steel Conversion took over intellectual property rights for the PTECH+ thread connection. Through this acquisition, TSC acquired the necessary patents, associated trademarks, and licenses, for this connection technology. The PTECH+ group of drill pipe thread connections would integrate exceptional torsional properties and fatigue resistance which are important in extended lateral oil and gas drilling. Adding the PTECH+ high torque connection technology to TSC's portfolio provided the company with an innovative solution to long laterals and demanding drilling conditions.
Feb-2022: NOV acquired the advanced drilling solutions (ADS) business of AFGlobal, an oil and gas OEM specializing in technology, products, and services. Under this acquisition, NOV's experience and expertise combined with AFGlobal's extensive portfolio provided the company with promising breakthrough opportunities in MPD.
Jan-2022: Jindal Saw formed a joint venture with Hunting Energy Services, the global leader in developing premium connection solutions. Through this joint venture, Jindal made way for the connection of OCTG from India to the world, and the Middle East in particular. The joint venture placed Jindal as an important player in the drilling activities of Oil and Gas and also added value to the company's product portfolio. The joint venture would further assist Jindal in developing an ancillary service industry locally.
May-2021: NOV collaborated with Schlumberger, the world's largest offshore drilling company. Under this collaboration, the company focused on expediting the adoption of automated drilling*solutions by oil and gas operators and drilling contractors. The collaboration enabled customers to merge Schlumberger surface and downhole drilling automation solutions with NOV's rig automation platform. This combined offering allowed the digitization of manual workflows and also improved safety, decision-making, consistency, and efficiency in drilling fieldwork. Through this collaboration, NOV renewed its commitment*to provide*an open digital automation platform that gave access to drilling contractors*to*achieve increased consistency and efficiency with improved wellbore quality.
Mar-2021: Tenaris acquired Baker Hughes Argentina, an American international industrial service company and one of the world's largest oil field services companies. Through this acquisition, Tenaris got hold of onshore hydraulic fracturing and wireline assets which included a pressure pumping fleet, coiled tubing unit, and related equipment. The acquisition aimed to accelerate Tenaris towards becoming the world's largest oil field services company.
May-2019: Tenaris formed a joint venture with PAO Severstal, a Russian company mainly operating in the steel and mining industry. Through this joint venture, the companies aimed to build a welded pipe plant that would manufacture OCTG products in the Surgut area of Siberia, the Russian Federation. In this joint venture, the companies combined their strengths and commitment to industrial excellence. The joint venture would propel Tenaris to support the Russian and CIS oil and gas sector with a world-class and highly competitive alternative for improved quality OCTG products and services.
Jul-2018: TEXAS STEEL CONVERSION acquired Superior Drillpipe Manufacturing, the industry leader in manufacturing large diameter friction welded Horizontal Directional Drilling (HDD) drill pipe. From this acquisition, TSC received support to increase its expansion by accelerating the latest product volume capacity by adding to size range capability and opening new markets.
Market Segments covered in the Report:
By Type
By Application
By Grade
By Geography
Companies Profiled
Unique Offerings from KBV Research
List of Figures