“ Global
Drill
Collars Market 2015-2019 ” is the latest addition to
MarketResearchReports.Biz industry research reports collection.
Global Drill Collars Market
2015-2019
Covering: This industry
research report segments the global drill collars market by raw
material (standard steel drill collar and non-magnetic alloy drill
collar), by design (spiral and slick), by application (offshore and
onshore), and by geography (Americas, APAC, and EMEA). Leading
vendors in this market are Halliburton, Hunting, National Oil well
Varco, Schlumberger, Vallourec, Workstrings International, and
Weatherford International.
Market outlook of the
global drill collars market
Drill collars are an essential
part of the drill string and are heavy, thick-walled steel collars
with threaded connections at both ends. Technavio market research
analysts estimate eminent factors, such as the increasing drilling
activities across the world and rapidly increasing oil and gas
demand, to positively influence market growth and result in its
modest CAGR of nearly 6% by 2019.
Geographically, the Americas
are expected to lead the global market for drill collars during the
forecast period. Rising demand for energy, growing need to maximize
production from existing wells, and the redevelopment of maturing oil
fields wells are some of the significant factors that accounts for
this regions high market share of almost 63% by 2019.
Segmentation by raw
materials and analysis of the drill collars market
- Standard steel drill collar
- Non-magnetic alloy drill collar
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In this market research
report, analysts estimate the standard steel drill collars segment to
account for more than 66% of the total market share by 2019.
Increasing offshore drilling activities and the high tensile and
material strength of standard steel drill collars are expected to
result in its high market share during the forecast period.
Design-based segmentation
of the drill collars market
- Spiral
- Slick
The slick drill collar segment
is envisaged to be the largest market segment during the forecast
period. This segment singlehandedly accounts for more than 62% of the
total market share by 2019 and the widespread availability of
oilfields that require relatively easy drilling operations is
estimated to be the primary reason for the growth of this segment.
Competitive landscape and
key vendors
This market is highly
fragmented due to the presence of numerous multinational and regional
vendors. Growth and development of this market are dependent on
factors like the efficiency of drill collars, increasing investment
by market vendors, and advances in tools technology. Additionally, it
has been observed that numerous vendors across the globe are now
investing in R&D activities to improve the well drilling
efficiency of drill collars.
Key vendors in this market
are -
- Halliburton
- Hunting
- National Oil well Varco
- Schlumberger
- Vallourec
- Workstrings International
- Weatherford International
Other prominent vendors
analyzed in this global market research are American Oilfield Tools,
ACE, Aliron Tool Research, Challenger International, Command Energy
Services, Downhole Oil Tools, Global Drilling Solutions, Superior
Drillcollar, and Tasman Oil Tools.
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Table of Content :
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top vendor offerings
PART 03: Market research
methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Overview of global upstream
oil and gas sector
PART 05: Market landscape
Market overview
Drill collar manufacturing
process
Market size and forecast
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