Market Overview:
The global drill rod adapters market is estimated to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for oil and gas across the globe. Additionally, the growing mining industry is also expected to drive the growth of this market during the forecast period. The global drill rod adapters market can be segmented on the basis of type into male joint and female joint adapters. The male joint adapter segment is expected to dominate the global drill rod adapters market duringthe forecast period owingto its high demand in oil and gas applications. Onthe basis of application,theglobal drill rod adaptersmarket can be divided into mining, oil and gas industry, and others segments.
Product Definition:
A drill rod adapter is a tool that allows a worker to connect different sizes of drill rods together. This is important because it allows the worker to use different size drill rods depending on the job they are working on.
Male Joint:
Male joint is a device used in drill rod adapters to connect two rods of different sizes. It's an important tool for any construction project as it helps save time and money by simplifying the process of drilling into concrete structures. The male joint is manufactured using high-quality steel that has been heat-treated and then finished with a black oxide coating for better durability. This product also features hexagonal shape, which provides higher strength and rigidity compared to round joints.
Female Joint:
Female joint is a device that connects two drill rods in a drilling operation. It's basically used to convert between female pipes and male drill rods. Female joints are widely used by the oil & gas industry owing to their ability to connect various components of the wellhead system such as safety valves, gauges, flow lines and sampling bottles among others.
The global female joint.
Application Insights:
The others application segment includes construction, civil engineering and agriculture. The demand for the product in this segment is expected to grow at a significant rate owing to its ability to withstand high stress without getting deformed. It also helps reduce vibrations and provides stability in uneven surfaces. These factors are anticipated to increase the use of adapters over the coming years, driving overall demand growth during the forecast period.
The oil and gas industry accounted for more than 40% of total market share in 2017 on account of their extensive usage as drilling equipment joints along with other components such as flanges, spuds, mudsills & collars that are used while conducting hydraulic fracking operations across various platforms including land-based mobile offshore & onshore facilities worldwide.
Regional Analysis:
North America dominated the global drill rod adapters market in 2017 owing to the presence of a large number of oil and gas reserves. The region is expected to maintain its dominance over the forecast period due to increasing drilling activities for exploration and production of crude oil. In addition, rising shale boom in this region is anticipated to boost product demand further.
Asia Pacific is expected to witness significant growth over the forecast period owing with rapid development in China's domestic drilling industry coupled with growing offshore operations across countries such as India, Vietnam, Philippines, Indonesia among others are driving product demand across this region.
Growth Factors:
- Increasing demand for oil and gas from developing countries
- Rising investment in drilling and exploration activities
- Growing use of drill rod adapters in shale gas extraction process
- Technological advancements in drilling equipment industry
- Rising awareness about the benefits of using drill rod adapters
Scope Of The Report
Report Attributes
Report Details
Report Title
Drill Rod Adapters Market Research Report
By Type
Male Joint, Female Joint
By Application
Mining, Oil and Gas Industry, Others
By Companies
Tenaris, Foremost Industries LP, Bellino, GEOMATECH SAS, Paani Precision Products LLP, PEWOBAR GmbH, Stenuick International, Oiltech Petroleum Pipe Manufacture
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Drill Rod Adapters Market Report Segments:
The global Drill Rod Adapters market is segmented on the basis of:
Types
Male Joint, Female Joint
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.
Applications
Mining, Oil and Gas Industry, Others
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:
- Tenaris
- Foremost Industries LP
- Bellino
- GEOMATECH SAS
- Paani Precision Products LLP
- PEWOBAR GmbH
- Stenuick International
- Oiltech Petroleum Pipe Manufacture
Highlights of The Drill Rod Adapters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Male Joint
- Female Joint
- By Application:
- Mining
- Oil and Gas Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Drill Rod Adapters 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Drill rod adapters are a type of tool that allow you to use a drill bit with different sizes of rods. This is helpful if you need to use a smaller or larger drill bit than the one that came with your drilling machine.
Some of the major companies in the drill rod adapters market are Tenaris, Foremost Industries LP, Bellino, GEOMATECH SAS, Paani Precision Products LLP, PEWOBAR GmbH, Stenuick International, Oiltech Petroleum Pipe Manufacture.
The drill rod adapters market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Drill Rod Adapters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Drill Rod Adapters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Drill Rod Adapters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Drill Rod Adapters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Drill Rod Adapters Market Size & Forecast, 2020-2028
4.5.1 Drill Rod Adapters Market Size and Y-o-Y Growth
4.5.2 Drill Rod Adapters Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Male Joint
5.2.2 Female Joint
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Mining
6.2.2 Oil and Gas Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Drill Rod Adapters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Drill Rod Adapters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Male Joint
9.6.2 Female Joint
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Mining
9.10.2 Oil and Gas Industry
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Male Joint
10.6.2 Female Joint
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Mining
10.10.2 Oil and Gas Industry
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Male Joint
11.6.2 Female Joint
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Mining
11.10.2 Oil and Gas Industry
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Male Joint
12.6.2 Female Joint
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Mining
12.10.2 Oil and Gas Industry
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Male Joint
13.6.2 Female Joint
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Mining
13.10.2 Oil and Gas Industry
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Drill Rod Adapters Market: Competitive Dashboard
14.2 Global Drill Rod Adapters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tenaris
14.3.2 Foremost Industries LP
14.3.3 Bellino
14.3.4 GEOMATECH SAS
14.3.5 Paani Precision Products LLP
14.3.6 PEWOBAR GmbH
14.3.7 Stenuick International
14.3.8 Oiltech Petroleum Pipe Manufacture
