Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Downhole Tubing Market by Type (4 Points, 6 Points, 1 Inch Tube), By Application (Drilling for Oil, Mining, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Downhole Tubing Market by Type (4 Points, 6 Points, 1 Inch Tube), By Application (Drilling for Oil, Mining, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 156251 3300 Machinery & Equipment 377 245 Pages 4.5 (45)

Market Overview:

The global downhole tubing market is expected to grow at a CAGR of 5.5% from 2018 to 2030. Downhole tubing is used in various applications such as drilling for oil, mining, and others. The growth of the global downhole tubing market can be attributed to the increasing demand for oil and gas across the globe. Additionally, the growing demand for downhole tubing in Asia Pacific is expected to drive the growth of the market during the forecast period.

Global Downhole Tubing Industry Outlook

Product Definition:

Downhole Tubing is a pipe that is inserted into a wellbore to convey production fluids from the well to the surface. Downhole Tubing can also be used in drilling operations to circulate drilling fluid and remove cuttings from the well.

4 Points:

4 points is a method of connecting four pieces of downhole tubing with two valves and two connectors. It allows the user to switch between different configurations quickly and easily. The 4-point connection system has been used in many oil well perforation projects over the last few years, including horizontal wells in Russia, Nigeria, Saudi Arabia, Venezuela and Canada; as well as several other countries around the world.

6 Points:

6 points is a method of joining two lengths of drill pipe or downhole tubing with six equally spaced connections. It allows the operator to connect three, four or five sections of drill pipe in a line and can be used for vertical drilling as well as horizontal drilling.

It's main advantage is that it provides an easy way to join several sections together.

Application Insights:

The drilling for oil segment dominated the global downhole tubing market in 2017. This is attributed to increasing demand for high-performance steel from major players in the drilling industry, such as Schlumberger Limited, Halliburton Inc., and Baker Hughes Inc. These companies are focusing on manufacturing products that can withstand high pressure and temperature. In addition, they are developing advanced materials that can provide enhanced durability and performance at lower costs over the long term.

The mining application segment is expected to witness significant growth over the forecast period owing to rising demand from various sectors including construction, energy, metal & minerals extraction among others.

Regional Analysis:

North America dominated the global downhole tubing market in 2017. The U.S., which is one of the leading countries for oil and gas exploration, has witnessed a significant increase in drilling activities over the past few years owing to its growing energy needs and demand for petroleum products. Moreover, increasing shale gas exploration activities are expected to drive product demand over the forecast period.

Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rising government investments in infrastructure development projects along with rapid economic growth in emerging economies such as China and India that have resulted into increased mining activities across these countries as well as Australia. These factors are projected to boost product demand during estimated time frame from 2018 to 2030  The Middle East & Africa region accounted for a small share of global revenue but it is likely that this trend will reverse by 2030 due their large oil reserves which have attracted many international companies including Total SA; ExxonMobil Corp.; Shell Oil Co.

Growth Factors:

  • Increasing demand for oil and gas due to population growth and industrialization
  • Rising investment in exploration and production activities
  • Technological advancements in downhole tubing products and services
  • Growing use of downhole tubing in unconventional oil and gas extraction processes
  • Expansion of global drilling activity

Scope Of The Report

Report Attributes

Report Details

Report Title

Downhole Tubing Market Research Report

By Type

4 Points, 6 Points, 1 Inch Tube

By Application

Drilling for Oil, Mining, Other

By Companies

Sandvik, WB Supply, Schlumberger, Ray Oil Tool, Ardyne, D?L Dloiltools, Hovoy, Deep Casing Tools, Don Mashburn, Akiet, Centura Oil, Gryphon Oil Field

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Downhole Tubing Market Report Segments:

The global Downhole Tubing market is segmented on the basis of:


4 Points, 6 Points, 1 Inch Tube

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Drilling for Oil, Mining, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Sandvik
  2. WB Supply
  3. Schlumberger
  4. Ray Oil Tool
  5. Ardyne
  6. D?L Dloiltools
  7. Hovoy
  8. Deep Casing Tools
  9. Don Mashburn
  10. Akiet
  11. Centura Oil
  12. Gryphon Oil Field

Global Downhole Tubing Market Overview

Highlights of The Downhole Tubing Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. 4 Points
    2. 6 Points
    3. 1 Inch Tube
  1. By Application:

    1. Drilling for Oil
    2. Mining
    3. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Downhole Tubing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Downhole Tubing Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Downhole tubing is a type of tubing used in oil and gas drilling. It is made of a strong, durable material that can withstand the high pressure and temperatures found deep underground. Downhole tubing is often used to connect the drill bit to the wellhead, or to supply water, gas, or oil to the drill bit.

Some of the major companies in the downhole tubing market are Sandvik, WB Supply, Schlumberger, Ray Oil Tool, Ardyne, D?L Dloiltools, Hovoy, Deep Casing Tools, Don Mashburn, Akiet, Centura Oil, Gryphon Oil Field.

The downhole tubing market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Downhole Tubing Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Downhole Tubing Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Downhole Tubing Market - Supply Chain
   4.5. Global Downhole Tubing Market Forecast
      4.5.1. Downhole Tubing Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Downhole Tubing Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Downhole Tubing Market Absolute $ Opportunity

5. Global Downhole Tubing Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Downhole Tubing Market Size and Volume Forecast by Type
      5.3.1. 4 Points
      5.3.2. 6 Points
      5.3.3. 1 Inch Tube
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Downhole Tubing Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Downhole Tubing Market Size and Volume Forecast by Application
      6.3.1. Drilling for Oil
      6.3.2. Mining
      6.3.3. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Downhole Tubing Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Downhole Tubing Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Downhole Tubing Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Downhole Tubing Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Downhole Tubing Demand Share Forecast, 2019-2026

9. North America Downhole Tubing Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Downhole Tubing Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Downhole Tubing Market Size and Volume Forecast by Application
      9.4.1. Drilling for Oil
      9.4.2. Mining
      9.4.3. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Downhole Tubing Market Size and Volume Forecast by Type
      9.7.1. 4 Points
      9.7.2. 6 Points
      9.7.3. 1 Inch Tube
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Downhole Tubing Demand Share Forecast, 2019-2026

10. Latin America Downhole Tubing Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Downhole Tubing Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Downhole Tubing Market Size and Volume Forecast by Application
      10.4.1. Drilling for Oil
      10.4.2. Mining
      10.4.3. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Downhole Tubing Market Size and Volume Forecast by Type
      10.7.1. 4 Points
      10.7.2. 6 Points
      10.7.3. 1 Inch Tube
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Downhole Tubing Demand Share Forecast, 2019-2026

11. Europe Downhole Tubing Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Downhole Tubing Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Downhole Tubing Market Size and Volume Forecast by Application
      11.4.1. Drilling for Oil
      11.4.2. Mining
      11.4.3. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Downhole Tubing Market Size and Volume Forecast by Type
      11.7.1. 4 Points
      11.7.2. 6 Points
      11.7.3. 1 Inch Tube
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth otential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Downhole Tubing Demand Share, 2019-2026

12. Asia Pacific Downhole Tubing Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Downhole Tubing Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Downhole Tubing Market Size and Volume Forecast by Application
      12.4.1. Drilling for Oil
      12.4.2. Mining
      12.4.3. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Downhole Tubing Market Size and Volume Forecast by Type
      12.7.1. 4 Points
      12.7.2. 6 Points
      12.7.3. 1 Inch Tube
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Downhole Tubing Demand Share, 2019-2026

13. Middle East & Africa Downhole Tubing Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Downhole Tubing Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Downhole Tubing Market Size and Volume Forecast by Application
      13.4.1. Drilling for Oil
      13.4.2. Mining
      13.4.3. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Downhole Tubing Market Size and Volume Forecast by Type
      13.7.1. 4 Points
      13.7.2. 6 Points
      13.7.3. 1 Inch Tube
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Downhole Tubing Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Downhole Tubing Market: Market Share Analysis
   14.2. Downhole Tubing Distributors and Customers
   14.3. Downhole Tubing Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Sandvik Overview Financials Developments Strategic Outlook
      14.4.2. WB Supply Overview Financials Developments Strategic Outlook
      14.4.3. Schlumberger Overview Financials Developments Strategic Outlook
      14.4.4. Ray Oil Tool Overview Financials Developments Strategic Outlook
      14.4.5. Ardyne Overview Financials Developments Strategic Outlook
      14.4.6. D?L Dloiltools Overview Financials Developments Strategic Outlook
      14.4.7. Hovoy Overview Financials Developments Strategic Outlook
      14.4.8. Deep Casing Tools Overview Financials Developments Strategic Outlook
      14.4.9. Don Mashburn Overview Financials Developments Strategic Outlook
      14.4.10. Akiet Overview Financials Developments Strategic Outlook
      14.4.11. Centura Oil Overview Financials Developments Strategic Outlook
      14.4.12. Gryphon Oil Field Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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