Market Overview:
The global tubing connections for oil & gas market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for oil & gas across the globe. The global tubing connections for oil & gas market has been segmented on the basis of type, application and region. On the basis of type, the market has been segmented into API, semi-premium and premium connectors. The API connector segment is expected to account for a major share of the global tubing connections for oil & gas market in 2018. This can be attributed to its low cost as compared to other types of connectors available in the market.
Product Definition:
Tubing connections are used in the oil and gas industry to join two lengths of tubing together. The connections are typically made using a coupling or connector that is inserted into the ends of the tubing. The connection is then tightened using a wrench to secure it in place. Tubing connections are used to connect pipelines, valves, and other equipment together. They allow fluid to flow through the pipeline and allows workers to access the pipeline for maintenance or repairs.
API:
API is the governing body for setting standards related to oil & gas pipeline operations. The American Petroleum Institute has developed a set of standards that are mandatory for all oil and gas pipelines. These include design, installation, operation and maintenance requirements as well as guidelines for various components including valves, fittings & connections, joints & welds among others. API also develops performance specifications such as pressure ratings and temperature ranges among others which are used by manufacturers while developing new products or when upgrading existing ones.
Semi-Premium:
Semi-premium is a type of synthetic oil designed to provide better performance and longer life span than conventional mineral oils. It has been developed as an alternative for the conventional heavy crude oil, which has high viscosity and low shear rate. Semi-premium also known as semi or SMS is produced by the fractionation process, which involves separation of liquid hydrocarbons from gas using heat and pressure.
Application Insights:
The tubing segment accounted for the largest revenue share in 2017 and is anticipated to maintain its dominance over the forecast period. The segment is further subdivided into subsea, onshore, and mid-stream segments. In 2017, subsea accounted for a major revenue share in this market owing to an increase in exploration activities across various regions coupled with an increase in production of oil & gas from deepwater wells.
Onshore dominated the application market due to high demand Tubing Connections For Oil And Gas Market by type (API 5L-50E) for shale plays as well as conventional plays across North America and Middle East & Africa regions. Moreover, increasing demand from Mexico's onshore basins along with shale gas reserves present beneath the country will drive this industry significantly over next few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a significant increase in exploration activities, especially in China and India owing to government support for promoting domestic production. In addition, increasing demand for energy due to growing population is anticipated to drive oil & gas industry growth across this region.
The Middle East & Africa accounted for a significant share of global revenue as major countries including Saudi Arabia are investing heavily across all aspects of the energy sector including oil & gas development projects. Moreover, rising demand from various end-use industries such as petrochemicals and power generation sectors along with supportive government policies are anticipated to boost regional product demand over the next eight years.
Growth Factors:
- Increasing demand for oil and gas due to population growth and industrialization
- Rising investment in exploration and production activities of oil and gas
- Technological advancements in drilling, production, and transportation of oil and gas
- Stringent environmental regulations for emissions from refineries, petrochemical plants, etc.
- Growing demand from emerging economies such as China & India
Scope Of The Report
Report Attributes
Report Details
Report Title
Tubing Connections for Oil & Gas Market Research Report
By Type
API, Semi-Premium, Premium
By Application
Tubing, Casing, Others
By Companies
Tenaris, Vallourec, Voestalpine, Nippon Steel and Sumitomo Metal, TMK, NOV, U. S. Steel Tubular Products, JFE Steel, Jiangsu Changbao, TPS, ArcelorMittal, Interpipe, Evraz
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
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Tubing Connections for Oil & Gas Market Report Segments:
The global Tubing Connections for Oil & Gas market is segmented on the basis of:
Types
API, Semi-Premium, Premium
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
Tubing, Casing, 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
- Vallourec
- Voestalpine
- Nippon Steel and Sumitomo Metal
- TMK
- NOV
- U. S. Steel Tubular Products
- JFE Steel
- Jiangsu Changbao
- TPS
- ArcelorMittal
- Interpipe
- Evraz
Highlights of The Tubing Connections for Oil & Gas 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:
- API
- Semi-Premium
- Premium
- By Application:
- Tubing
- Casing
- 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 Tubing Connections for Oil & Gas 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?
Tubing connections for oil and gas are used to transport fluids between wells, production facilities, and the pipeline network.
Some of the major players in the tubing connections for oil & gas market are Tenaris, Vallourec, Voestalpine, Nippon Steel and Sumitomo Metal, TMK, NOV, U. S. Steel Tubular Products, JFE Steel, Jiangsu Changbao, TPS, ArcelorMittal, Interpipe, Evraz.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tubing Connections for Oil & Gas 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 Tubing Connections for Oil & Gas Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tubing Connections for Oil & Gas 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 Tubing Connections for Oil & Gas 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 Tubing Connections for Oil & Gas Market Size & Forecast, 2020-2028
4.5.1 Tubing Connections for Oil & Gas Market Size and Y-o-Y Growth
4.5.2 Tubing Connections for Oil & Gas 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 API
5.2.2 Semi-Premium
5.2.3 Premium
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 Tubing
6.2.2 Casing
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tubing Connections for Oil & Gas 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 Tubing Connections for Oil & Gas 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 API
9.6.2 Semi-Premium
9.6.3 Premium
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 Tubing
9.10.2 Casing
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 API
10.6.2 Semi-Premium
10.6.3 Premium
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 Tubing
10.10.2 Casing
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 API
11.6.2 Semi-Premium
11.6.3 Premium
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 Tubing
11.10.2 Casing
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 API
12.6.2 Semi-Premium
12.6.3 Premium
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 Tubing
12.10.2 Casing
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 API
13.6.2 Semi-Premium
13.6.3 Premium
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 Tubing
13.10.2 Casing
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 Tubing Connections for Oil & Gas Market: Competitive Dashboard
14.2 Global Tubing Connections for Oil & Gas Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tenaris
14.3.2 Vallourec
14.3.3 Voestalpine
14.3.4 Nippon Steel and Sumitomo Metal
14.3.5 TMK
14.3.6 NOV
14.3.7 U. S. Steel Tubular Products
14.3.8 JFE Steel
14.3.9 Jiangsu Changbao
14.3.10 TPS
14.3.11 ArcelorMittal
14.3.12 Interpipe
14.3.13 Evraz
