1 Executive Summary .................................................................................................................................................................... 12 2 Introduction................................................................................................................................................................................... 14 2.1 Definition ......................................................................................................................................... 14 2.2 Scope of the Study ....................................................................................................................... 14 2.3 Assumptions ................................................................................................................................... 14 2.4 Market Structure ............................................................................................................................ 15 3 Research Methodology .............................................................................................................................................................. 16 3.1 Research Process .......................................................................................................................... 16 3.2 Primary Research .......................................................................................................................... 17 3.3 Secondary Research ................................................................................................................... 17 3.4 Market Size Estimation .................................................................................................................. 17 3.5 Forecast Model ............................................................................................................................. 19 4 Market Dynamics ....................................................................................................................................................................... 20 4.1 Drivers .............................................................................................................................................. 21 4.1.1 Increasing investment in Oil exploration activities .............................................................. 21 4.1.2 Advancement in drilling technologies .................................................................................. 22 4.2 Drivers: Impact Analysis ............................................................................................................... 22 4.3 Restraints ......................................................................................................................................... 23 4.3.1 High capital cost for drilling ..................................................................................................... 23 4.3.2 Stringent regulations for drilling activities .............................................................................. 23 4.4 Restraints: Impact Analysis .......................................................................................................... 24 4.5 Opportunities ................................................................................................................................. 24 4.5.1 New oil reserves discovery ....................................................................................................... 24 4.5.2 Increased demand for oil in Asia-Pacific region ................................................................. 24 5 Market Factor Analysis ............................................................................................................................................................. 25 5.1 Porter's 5 Forces Analysis .............................................................................................................. 25 5.1.1 Threat of New Entrants .............................................................................................................. 26 5.1.2 Bargaining Power of Suppliers ................................................................................................. 26 5.1.3 Threat of Substitutes .................................................................................................................. 26 5.1.4 Bargaining Power of Buyers ..................................................................................................... 26 5.1.5 Segment Rivalry ......................................................................................................................... 26 5.2 Value Chain Analysis .................................................................................................................... 27 6 Global Drill Pipe Market, By Application .......................................................................................................................... 28 6.1 Overview ......................................................................................................................................... 29 6.2 Onshore ........................................................................................................................................... 30 6.3 Offshore ........................................................................................................................................... 30 7 Global Drill Pipe Market, By Grade ...................................................................................................................................... 31 7.1 Overview ......................................................................................................................................... 32 7.2 API Grade ....................................................................................................................................... 33 7.3 Premium grade ............................................................................................................................. 34 8 Global Drill Pipe Market, By Region ................................................................................................................................... 35 8.1 Introduction .................................................................................................................................... 36 8.2 North America ............................................................................................................................... 37 8.2.1 U.S. ................................................................................................................................................ 39 8.2.2 Canada ....................................................................................................................................... 41 8.3 Europe ............................................................................................................................................. 43 8.3.1 Russia ............................................................................................................................................ 45 8.3.2 Norway......................................................................................................................................... 46 8.3.3 U.K. ................................................................................................................................................ 48 8.3.4 Rest of Europe ............................................................................................................................ 49 8.4 Asia-Pacific ..................................................................................................................................... 51 8.4.1 China ............................................................................................................................................ 53 8.4.2 Indonesia ..................................................................................................................................... 55 8.4.3 India .............................................................................................................................................. 56 8.4.4 Australia ....................................................................................................................................... 58 8.4.5 Rest of Asia-Pacific .................................................................................................................... 59 8.5 Rest of the World ........................................................................................................................... 61 8.5.1 Saudi Arabia ............................................................................................................................... 64 8.5.2 UAE ............................................................................................................................................... 65 8.5.3 Venezuela ................................................................................................................................... 67 8.5.4 Brazil .............................................................................................................................................. 68 8.5.5 Nigeria .......................................................................................................................................... 69 8.5.6 Rest of the World ........................................................................................................................ 70 9 Company Profiles ....................................................................................................................................................................... 72 9.1 Competitive Scenario .................................................................................................................. 72 9.1.1 Competitive Landscape .......................................................................................................... 72 9.1.1.1 New Product Development........................................................................................... 72 9.1.1.2 Partnerships and Collaborations. .................................................................................. 74 9.1.1.3 Expansions ......................................................................................................................... 75 9.2 Hilong Group of Companies ...................................................................................................... 76 9.2.1 Company Overview ................................................................................................................. 76 9.2.2 Product/Service Offering ......................................................................................................... 76 9.2.3 Financial Overview .................................................................................................................... 77 9.2.4 Strategy ........................................................................................................................................ 78 9.3 Drill Pipe International Llc. ........................................................................................................... 80 9.3.1 Company Overview ................................................................................................................. 80 © Market Research Future Page 6 Global Drill Pipe Market – Trends & Forecast, 2017-2023 9.3.2 Product/Service Offering ......................................................................................................... 80 9.3.3 Financial Overview .................................................................................................................... 81 9.3.4 Strategy ........................................................................................................................................ 81 9.4 DP Master Manufacturing Pvt. Ltd. (China). ........................................................................... 83 9.4.1 Company Overview ................................................................................................................. 83 9.4.2 Product/Service Offering ......................................................................................................... 83 9.4.3 Financial Overview .................................................................................................................... 83 9.4.4 Strategy ........................................................................................................................................ 84 9.5 Jiangyin Long Bright Drill Pipe Manufacture Co. Ltd. (China) ............................................ 85 9.5.1 Company Overview ................................................................................................................. 85 9.5.2 Product/Service Offering ......................................................................................................... 85 9.5.3 Financial Overview .................................................................................................................... 85 9.5.4 Strategy ........................................................................................................................................ 85 9.6 National Oilwell Varco USA ........................................................................................................ 87 9.6.1 Company Overview ................................................................................................................. 87 9.6.2 Product/Service Offering ......................................................................................................... 87 9.6.3 Financial Overview .................................................................................................................... 88 9.6.4 Strategy ........................................................................................................................................ 89 9.7 Oil Country Tubular Limited. ........................................................................................................ 91 9.7.1 Company Overview ................................................................................................................. 91 9.7.2 Product/Service Offering ......................................................................................................... 91 9.7.3 Financial Overview .................................................................................................................... 91 9.7.4 Strategy ........................................................................................................................................ 91 9.8 RK Pipe LLC. .................................................................................................................................... 93 9.8.1 Company Overview ................................................................................................................. 93 9.8.2 Product/Service Offering ......................................................................................................... 93 9.8.3 Financial Overview .................................................................................................................... 93 9.8.4 Strategy ........................................................................................................................................ 93 9.9 Superior Drill Pipe Manufacturing, Inc. ..................................................................................... 95 9.9.1 Company Overview ................................................................................................................. 95 9.9.2 Product/Service Offering ......................................................................................................... 95 9.9.3 Financial Overview .................................................................................................................... 95 9.9.4 Strategy ........................................................................................................................................ 95 9.10 Tejas Tubular Products Inc. (USA)............................................................................................... 97 9.10.1 Company Overview ................................................................................................................. 97 9.10.2 Product/Service Offering ......................................................................................................... 97 9.10.3 Financial Overview .................................................................................................................... 98 9.10.4 Strategy ........................................................................................................................................ 98 9.11 Tenaris S.A. (Luxembourg) ........................................................................................................... 99 9.11.1 Company Overview ................................................................................................................. 99 9.11.2 Product/Service Offering ......................................................................................................... 99 9.11.3 Financial Overview .................................................................................................................. 100 9.11.4 Strategy ...................................................................................................................................... 101 9.12 Texas Steel Conversion Inc. (USA) ........................................................................................... 103 9.12.1 Company Overview ............................................................................................................... 103 9.12.2 Product/Service Offering ....................................................................................................... 103 9.12.3 Financial Overview .................................................................................................................. 103 9.12.4 Strategy ...................................................................................................................................... 104 9.13 TMK Group. (Russia) .................................................................................................................... 105 9.13.1 Company Overview ............................................................................................................... 105 9.13.2 Product/Service Offering ....................................................................................................... 105 9.13.3 Financial Overview .................................................................................................................. 106 9.13.4 Strategy ...................................................................................................................................... 107 9.14 TPS TECHNITUBE RÖHRENWERKE GmbH. (Germany) .......................................................... 109 9.14.1 Company Overview ............................................................................................................... 109 9.14.2 Product/Service Offering ....................................................................................................... 109 9.14.3 Financial Overview .................................................................................................................. 109 9.14.4 Strategy ...................................................................................................................................... 109 9.15 Vallourec S.A (France) ............................................................................................................... 111 9.15.1 Company Overview ............................................................................................................... 111 9.15.2 Product/Service Offering ....................................................................................................... 111 9.15.3 Financial Overview .................................................................................................................. 111 9.15.4 Strategy ...................................................................................................................................... 112