Global Drill Collars Market Is Resulted in Modest Cagr of Nearly 6% by 2019: Radiant Insights
- Submitted by: marketresearchri
- Views: 45
- Category: Other
- Date Submitted: 05/25/2016 11:45 PM
- Pages: 4
- Report this Essay
Global Drill Collars Market Share and Price, Size, Trends Report 2019 By Radiant Insights
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.
Access Full Report with TOC @ http://www.radiantinsights.com/research/global-drill-collars-market-2015-2019
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 region's 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
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...
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.
Access Full Report with TOC @ http://www.radiantinsights.com/research/global-drill-collars-market-2015-2019
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 region's 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
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...