Global OCTG Market Outlook to 2018 - Rising Level of Deepwater Exploration to Stimulate Market Growth

Published: Nov, 2014 | Pages: 207 | Publisher: Ken Research Private Ltd
Industry: Oil and Gas | Report Format: Electronic (PDF)

Executive Summary

The report titled ‘Global OCTG Market Outlook to 2018 – Rising Level of Deepwater Exploration to Stimulate Market Growth’, presents a comprehensive analysis OCTG market worldwide. The report covers various aspects such as market size of Global OCTG products, segmentation on the basis of different types of products such as seamless and welded, by types of grades including API and Premium, by onshore and offshore fields and on the basis of geography covering China, Asia, NAFTA, South-America, EU-27, CIS, the Middle-East and Africa. The report is useful for OCTG products manufacturers, suppliers and wholesalers of seamless and welded pipes and tubes, and new players venturing in the market.

The demand for oil, gas and energy has been increasing at much faster pace than expected over the past many years, mainly owing to the thriving middle-class population and globalization. Additionally, technological innovations and rapid economic expansion in the developing countries including India and China are some of the other important factors that have been guiding the demand for energy. This increased appetency for energy has led to growth in oil exploration, production and drilling activities and rise in crude oil and natural gas prices. Additionally, improved investments in oil and gas exploration have further fuelled the oil and gas industry. These factors together have catalyzed the growth and development of Oil Country and Tubular Goods.

The global market for OCTG products has grown at a noticeable rate over the past few years, mainly due to the surging demand for oil and natural gas coupled with increasing investments in the exploration and production activities led by rise in crude oil prices. The global OCTG market marked a CAGR of 5.1% over the period of 2008-2013 and reached a figure worth USD ~ million in 2013 in terms of sales revenue. The global OCTG market was led by China with a stupendous share of ~% in terms of revenue. Asia OCTG market contributed a share of ~% in the total global revenue of OCTG market in 2013. Additionally, this region accounted for consumption volume of ~ million tons of OCTG products in 2013, which has grown from ~ million tons in 2008. The consumption of seamless and welded OCTG products has been majorly driven by the stupendous drilling activities in the Middle-East. The top three OCTG consuming countries Saudi Arabia, Iran and Kuwait accounted for ~% of the total OCTG consumption in Middle East in the year 2013.

The major players operating in the global OCTG market are Tenaris, Vallourec, TMK, TPCO, The United Steel, Sumitomo Corporation, ArcelorMittal, Evraz, and National Oil Well Varco. Majority of these players are offering extensive range of seamless and welded solutions to their customers. The global market was led by Tenaris with a market share of % in 2013. 

The demand for OCTG products is stimulated by increased drilling of deep, horizontal and offshore wells. In 2012, despite of sluggish growth in most of the regions across the globe, the global offshore drilling market registered a growth of 12.5% and the revenue inclined to USD ~ million in the same year as compared to USD ~ in 2011. Therefore, it is anticipated that improved deepwater exploration in the OCTG market and increasing demand for premium products will provide structural competitive advantage to key players such as Tenaris and Vallourec in the near future. Furthermore, the future prospects of global OCTG market seem favorable mainly on account of increasing crude oil production and oil revenue which will help in building a sustainable business environment, worldwide. 

Key Topics Covered in the Report:
-	Introduction and Value Chain of Global OCTG Market
-	Global OCTG Market Size by Revenue, Production Volume and Consumption Volume, 2008-2013
-	Global OCTG Market Segmentation by Products (Seamless and Welded),  2008-2013
-	Global OCTG Market Segmentation by Grades (API and Premium), 2008-2013
-	Global OCTG Market Segmentation by Onshore and Offshore Markets, 2008-2013
-	Global OCTG Market Segmentation by Geography (China, Asia, NAFTA, South-America, EU-27, CIS, the Middle-East and Africa)
-	Market Size of Global Drill Pipe and Global OCTG Coating Material and Services Revenue, 2008-2013
-	Market Share of Major Players in Global OCTG Market, 2013
-	Market Share of Major Players in Major OCTG Regions, 2013
-	Market Share of Major Players in Global Drill Pipe Market, 2008-2013
-	Market Share of Major Players in Global OCTG Coating Material and Services Market, 2008-2013
-	Company Profile of Major Players in Global OCTG Market
-	Pricing Mechanism and Price of OCTG Products in Global OCTG Market
-	Trade Balance in Global OCTG Market
-	Trends and Developments in OCTG Market
-	SWOT Analysis of OCTG Market 
-	PEST Analysis of OCTG Market
-	Mergers and Acquisitions in Global OCTG Market
-	Future Outlook and Projections of Global OCTG Market 2014-2018
-	Future Outlook and Projections of Global OCTG Market  Segmentation by Products, Grades and Geography, 2014-2018
-	Future Outlook and Projections of Global OCTG Coating Material and Services Market , 2014-2018
-	Macroeconomic Factors of Global OCTG Market, 2008-2018

 Table of Contents
1.	Global OCTG Market Introduction
2.	Global OCTG Market Production and Value Chain
3.	Pricing Mechanism in Global OCTG Market
Pricing Technique
4.	Global OCTG Market Size, 2008-2013
4.1.	By Revenue, 2008-2013
4.2.	By Production Volume, 2008-2013
4.3.	By Consumption Volume, 2008-2013
5.	Global OCTG Market Segmentation 
5.1.	By Seamless and ERW Products, 2008-2013
5.1.1.	By Revenue, 2008-2013
5.1.2.	By Consumption Volume, 2008-2013
5.2.	By Geography (China, Asia, NAFTA, South America, CIS, EU-27, Middle East and Africa), 2008-2013
5.3.	By Grades (API and Premium), 2008-2013
5.4.	By Onshore and Offshore Markets, 2008-2013
6.	China OCTG Market Introduction
6.1.	China OCTG Market Size, 2008-2013
6.1.1.	By Revenue, 2008-2013
6.1.2.	By Consumption Volume & Production Volume, 2008-2013
6.2.	China OCTG Market Segmentation
6.2.1.	By Products (Seamless and Welded), 2008-2013
6.2.2.	By Grades (API and Premium), 2010-2013
6.3.	China OCTG Exports, 2008-2012
7.	India OCTG Market Introduction
7.1.	India OCTG Market Size, 2008-2013
7.1.1.	By Revenue, 2008-2013
7.1.2.	By Consumption Volume & Production Volume, 2008-2013
7.2.	India OCTG Market Segmentation, 2008-2013
7.2.1.	By Products (Seamless and Welded), 2008-2013
7.2.2.	By Imports and Local, 2008-2013
7.3.	Price of Major API Grade OCTG Products, 2013-2018
7.4.	Market Share of Major Players in India OCTG Market, 2013
8.	NAFTA OCTG Market
8.1.	NAFTA OCTG Market Introduction
8.2.	NAFTA OCTG Market Size, 2008-2013
8.2.1.	By Revenue, 2008-2013
8.2.2.	By Consumption Volume, 2008-2013
8.3.	NAFTA OCTG Market Segmentation
8.3.1.	By Products (Seamless and Welded), 2011-2013
8.3.2.	By Grades (API and Premium), 2010-2013
8.4.	The US OCTG Market Introduction
8.4.1.	The US OCTG Market Size
8.4.1.1.	By Consumption Volume, 2008-2013
8.4.1.2.	By Demand, 2008-2013
8.4.2.	The US OCTG Import Market, 2009-2013
9.	South America OCTG Market
9.1.	South America OCTG Market Introduction
9.2.	South America OCTG Market Size, 2008-2013
9.2.1.	By Revenue, 2008-2013
9.2.2.	By Consumption Volume, 2008-2013
9.3.	South America OCTG Market Segmentation
9.3.1.	By Products (Seamless and Welded), 2011-2013
9.3.2.	By Countries (Venezuela, Brazil, Argentina and Others), 2011-2013
9.4.	Market Share of Major Players in South America OCTG Market, 2013
10.	CIS OCTG Market Introduction
11.	Middle-East OCTG Market
11.1.	Middle-East OCTG Market Introduction
11.2.	Middle-East OCTG Market Size, 2008-2013
11.2.1.	By Revenue, 2008-2013
11.2.2.	By Consumption Volume, 2008-2013
11.3.	Middle-East OCTG Market Segmentation
11.3.1.	By Products (Seamless and Welded), 2008-2013
11.3.2.	By Grades (API and Premium), 2008-2013
11.3.3.	By Countries (Saudi-Arabia, Iran, Kuwait, UAE, Oman, Iraq, Qatar), 2010-2013
11.4.	Market Share of Major Players in Middle-East OCTG Market, 2013
12.	Africa OCTG Market
12.1.	Africa OCTG Market Introduction
12.2.	Africa OCTG Market Size, 2008-2013
12.2.1.	By Revenue, 2008-2013
12.2.2.	By Consumption Volume, 2008-2013
12.3.	Africa OCTG Market Segmentation
12.3.1.	By Products (Seamless and Welded), 2011-2013
12.3.2.	By Countries (Nigeria, Angola, Algeria, Libya, Egypt and Others), 2011-2013
12.4.	Market Share of Major Players in Africa OCTG Market, 2013
13.	EU-27 OCTG Market
13.1.	EU-27 OCTG Market Size, 2008-2013
13.1.1.	By Revenue, 2008-2013
13.1.2.	By Consumption Volume, 2008-2013
13.2.	EU-27 OCTG Market Segmentation, 2011-2013
13.2.1.	By Products (Seamless and Welded), 2011-2013
13.2.2.	By Grades (APi and Premium), 2011-2013
13.3.	Market Share of Major Players in EU-27 Premium &API OCTG Market, 2013
14.	Global Drill Pipe Market Introduction
14.1.	Global Drill Pipe Market Size, 2008-2013
14.1.1.	By Revenue, 2008-2013
14.1.2.	By Production Volume, 2008-2013
14.2.	Market Share of Major Players in Global Drill Pipe Market, 2008-2013
15.	Trade Balance in Global OCTG Market by Regions, 2012
16.	Trends and Developments in Global OCTG Market
17.	Major Challenges in the Global OCTG Market
18.	SWOT Analysis of Global OCTG Market
19.	PEST Analysis of Global OCTG Market
20.	Recent Industry Activities in Global OCTG Market
21.	Market Share of Major Players in Global OCTG Market, 2013
22.	Company Profiles of Major Players in the Global OCTG Market
22.1.	TENARIS S.A. 
22.1.1.	Business Overview
22.1.2.	Financial Performance, 2009-2013
22.1.3.	Business Strategies
22.2.	TMK Group
22.2.1.	Business Overview
22.2.2.	Financial Performance, 2008-2013
22.2.3.	Business Strategies
22.3.	Vallourec Group
22.3.1.	Business Overview
22.3.2.	Financial Performance, 2009-2013
22.3.3.	Business Strategies
22.4.	United States Steel Corporation
22.4.1.	Business Overview
22.4.2.	Financial Performance, 2009-2013
22.4.3.	Business Strategies
22.5.	Sumitomo Corporation
22.5.1.	Business Overview
22.5.2.	Financial Performance, 2010-2013
22.5.3.	Business Strategies
22.6.	National Oil Well Varco
22.6.1.	Business Overview
22.6.2.	Financial Performance, 2009-2013
22.6.3.	Business Strategies
22.7.	ArcelorMittal
22.7.1.	Financial Performance, 2009-2013
22.7.2.	Business Strategies
23.	Competitive Landscape of Other Major Players in Global OCTG Market
24.	Global OCTG Market Future Outlook, 2014-2018
24.1.	By Seamless and ERW Products, 2014-2018
24.2.	By Major OCTG Regions, 2014-2018
Future Outlook for The US
Future Outlook for China and Russia
Future Outlook for Middle-East Countries
Future Outlook for Brazil and Argentina|
25.	Global OCTG Market Future Projections, 2014-2018
By Revenue, 2014-2018
By Consumption Volume, 2014-2018
By Production Volume, 2014-2018
25.1.	By Seamless and ERW Products, 2014-2018
25.2.	By Geography (China, Asia, NAFTA, South America, CIS, EU-27, Middle East and Africa), 2014-2018
By Revenue, 2014-2018
By Consumption Volume, 2014-2018
26.	Cause and Effect Relationship Between Industry Factors and Global OCTG Market Prospects
27.	Global OCTG Coating Material and Services Market Introduction and Size, 2008-2013
27.1.	Market Share of Major Players in Global OCTG Coating Material and Services Market, 2008-2013
27.2.	Competitive Landscape of Major Players in Global OCTG Coating Materials and Services Market
27.3.	Global OCTG Coating Materials and Services Market Future Outlook and Projections, 2014-2018
28.	Macro-Economic Factors of Global OCTG Market
28.1.	Global Crude Oil Consumption, 2008-2018
28.2.	Global Crude Oil Production, 2008-2018
28.3.	Global Exploration & Production Investments, 2008-2018
28.4.	Global Average Rig Count, 2008-2018
28.5.	Crude Oil Prices, 2008-2018
29.	Appendix
29.1.	Market Definitions
29.2.	Abbreviations
29.3.	Research Methodology
Data Collection Methods
Approach
Variables (Dependent and Independent) 
Multi Factor Based Sensitivity Model
Final Conclusion
29.4.	Disclaimer

List of Tables
Table 1: Price of Different Grades of Seamless OCTG Tube & Pipe by Geography, 2012
Table 2: Price of Different Grades of Seamless OCTG Tube & Pipe by Geography, 2013-P
Table 3: Global OCTG Market Segmentation by Type of Products (Seamless and Welded) on the basis of Contribution in Revenue in USD Million, 2008-2013
Table 4: Global OCTG Market Segmentation by Type of Products (Seamless and Welded) on the basis of Contribution in Consumption in Million Tons, 2008-2013
Table 5: Global OCTG Market Segmentation by Geography (China, Asia, NAFTA, South America, CIS, EU-27, Middle East and Africa) on the Basis of Contribution in Revenue in Percentage (%), 2008-2013
Table 6: Global OCTG Market Segmentation by Geography (China, Asia, NAFTA, South America, CIS, EU-27, Middle East and Africa) on the Basis of Revenue in USD Million, 2008-2013
Table 7: Global OCTG Market Segmentation by Geography (China, Asia, NAFTA, South America, CIS, EU-27, Middle East and Africa) on the Basis of Contribution in Consumption in Percentage (%), 2008-2013
Table 8: Global OCTG Market Segmentation by Geography (China, Asia, NAFTA, South America, CIS, EU-27, Middle East and Africa) on the Basis of Consumption in Million Tons, 2008-2013
Table 9: Global OCTG Market Segmentation by Type of Grades (API and Premium) on the basis of Contribution in Revenue in USD Million, 2008-2013
Table 10: Global OCTG Market Segmentation by Onshore and Offshore Drilling Markets on the basis of Contribution in Consumption in Million Tons, 2008-2013
Table 11: China OCTG Market Segmentation by Type of Products (Seamless and Welded) on the basis of Contribution in Consumption in Million Tons, 2008-2013
Table 12: China OCTG Market Segmentation by Type of Grades (API and Premium) on the basis of Contribution in Consumption in Million Tons, 2010-2013
Table 13: Major Export Destinations for China OCTG Market on the Basis of Volume in Percentage (%), 2008, 2010 & 2012
Table 14: India OCTG Market Segmentation by Import and Local Markets on the basis of Contribution in Consumption in Million Tons, 2008-2013
Table 15: Price of Major API-Grades of OCTG Products in India in USD/ton, 2013
Table 16: Market Share of Major Players in India OCTG Market on the Basis of Revenue in USD Million, 2013
Table 17: NAFTA OCTG Market Segmentation by Type of Products (Seamless and Welded) on the basis of Contribution in Consumption in Million Tons, 2011-2013
Table 18: NAFTA OCTG Market Segmentation by Type of Grades (API and Premium) on the basis of Contribution in Consumption in Million Tons, 2010-2013
Table 19: South America OCTG Market Segmentation by Type of Products (Seamless and Welded) on the basis of Contribution in Consumption in Million Tons, 2011-2013
Table 20: South America OCTG Market Segmentation by Countries (Venezuela, Brazil, Argentina and Others) on the basis of Contribution in Consumption in Million Tons, 2011-2013
Table 21: Market Share of Major Players in South America OCTG Market on the Basis of Revenue in USD Million, 2013
Table 22: Middle-East OCTG Market Segmentation by Type of Products (Seamless and Welded) on the basis of Contribution in Consumption in Million Tons, 2008-2013
Table 23: Middle-East OCTG Market Segmentation by Type of Grades (API and Premium) on the basis of Contribution in Consumption in Million Tons, 2008-2013
Table 24: Middle-East OCTG Market Segmentation by Countries (Saudi-Arabia, Iran, Kuwait, UAE, Oman, Iraq, Qatar) on the basis of Contribution in Consumption in Thousand Tons, 2010-2013
Table 25: Market Share of Major Players Middle-East OCTG Market on the Basis of Revenue in USD Million, 2013
Table 26: Africa OCTG Market Segmentation by Type of Products (Seamless and Welded) on the basis of Contribution in Consumption in Million Tons, 2011-2013
Table 27: Africa OCTG Market Segmentation by Countries (Nigeria, Angola, Algeria, Libya, Egypt and Others) on the basis of Contribution in Consumption in Thousand Tons, 2010-2013
Table 28: Market Share of Major Players Africa OCTG Market on the Basis of Revenue in USD Million, 2013
Table 29: EU-27 OCTG Market Segmentation by Type of Products (Seamless and Welded) on the basis of Contribution in Consumption in Thousand Tons, 2011-2013
Table 30: EU-27 OCTG Market Segmentation by Type of Grades (API and Premium) on the basis of Contribution in Consumption in Million Tons, 2010-2013
Table 31: Market Share of Major Players EU-27 Premium OCTG Market on the Basis of Revenue in USD Million, 2013
Table 32: Market Share of Major Players EU-27 API OCTG Market on the Basis of Revenue in USD Million, 2013
Table 33: Market Share of Major Players in Global Drill Pipe Market on the Basis of Revenue in Percentage (%), 2008-2013
Table 34: Market Share of Major Players in Global Drill Pipe Market on the Basis of Revenue in USD Million, 2008-2013
Table 35: Region-Wise Net Trade Balance in OCTG Market in Millions of Tons, 2012
Table 36: Historical and Expected Capacity Expansions in the US and North America
Table 38: SWOT Analysis of Global OCTG Market
Table 39: PEST Analysis of Global OCTG Market
Table 40: Recent Industry Activities in Global OCTG Market
Table 41: Market Share of Major Players in Global OCTG Market on the Basis of Revenue in USD Million, 2013
Table 42: Product Portfolio of Tenaris
Table 43: Major OCTG Acquisitions by Tenaris
Table 44: Tenaris Global Sales from Tubular Product by Geographic Regions (North America, South America, Middle-East and Africa, Europe and Far-East & Oceania) in USD Million, 2010-2013
Table 45: Tenaris Total Global Sales by Tubular Products in Thousands of Tons, 2009-2013
Table 46: TMK Total Global Sales by Products in USD Million, 2010-2013
Table 47: TMK Total Global Sales by Geography in USD Million, 2010-2013
Table 48: TMK Total Global Sales by Products in Thousands of Tons, 2008-2013
Table 49: TMK Total Global Sales by Geography in Thousands of Tons, 2010-2013
Table 50: TMK’s Total Global Sales of OCTG Products by Geography in Thousands of Tons, 2010-2013
Table 51: TMK’s Total Global EBITDA by Geography in USD Million, 2010-2013
Table 52: TMK’s Sales Contribution by Customers in terms of Value, 2012-2013
Table 53: Vallourec Global Revenue by Geography in USD Million, 2012-2013
Table 54: US Steel Total Global Revenue by Business Segments in USD Million, 2009-2013
Table 55: Sumitomo’s Metal Products Business Units
Table 56: NOV’s Total Global Revenue by Business Segments in USD Million, 2009-2013
Table 57: ArcelorMittal Total Global Revenue by Geography in USD Million, 2009-2013
Table 58: ArcelorMittal Total Global Revenue by Types of Products in USD Million, 2010-2013
Table 59: Competitive Landscape of Other Major Players in Global OCTG Market
Table 60: JFE Steel’s Global Net Sales in USD Million, FY’2008 – FY’2012
Table 61: JFE Steel’s Crude Steel Production in Million Tons, FY’2008 – FY’2011
Table 62: Evraz Plc Key Financial Figures in USD Million, 2010-2013
Table 63: Global Seamless OCTG Market Future Projections by Connections on the Basis of Demand in Million Tons, 2014 and 2018
Table 64: Global OCTG Market Future Projections by Type of Products (Seamless and Welded) on the basis of Contribution in Revenue in USD Million, 2014-2018
Table 65: Global OCTG Market Future Projections by Geography (China, Asia, NAFTA, South America, CIS, EU-27, Middle East and Africa) on the basis of Contribution in Revenue in Percentage (%), 2014-2018
Table 66: Global OCTG Market Future Projections by Type by Geography (China, Asia, NAFTA, South America, CIS, EU-27, Middle East and Africa) on the basis of Contribution in Revenue in USD Million, 2014-2018
Table 67: Global OCTG Market Future Projections by Geography (China, Asia, NAFTA, South America, CIS, EU-27, Middle East and Africa) on the basis of Contribution in Consumption in Percentage (%), 2014-2018
Table 68: Global OCTG Market Future Projections by Type by Geography (China, Asia, NAFTA, South America, CIS, EU-27, Middle East and Africa) on the basis of Contribution in Consumption in Million Tons, 2014-2018
Table 69: Cause and Effect Relationship Analysis between Industry Factors and the Expected Global OCTG Market Prospects
Table 70: Market Share of Major Players in Global OCTG Coating Materials and Services Market on the Basis of Revenue in Percentage (%), 2008-2013
Table 71: Market Share of Major Players in Global OCTG Coating Materials and Services Market on the Basis of Revenue in USD Million, 2008-2013
Table 72: Competitive Landscape of Major Players in Global OCTG Coating Materials and Services Market
Table 73: Schlumberger Limited Total Global Revenue in USD Million, 2008-2013
Table 74: Correlation Matrix of Global OCTG Market
Table 75: Regression Coefficients Output for Global OCTG Industry