The global nomagnetic alloy drill collar market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for drilling equipment in various applications such as oil drilling and underground thermal well applications. The increasing demand for these products in emerging economies such as China and India is also driving the growth of this market. The spiral type segment accounted for the largest share of the global nomagnetic alloy drill collar market in 2017, followed by slick type segment and other types segments respectively. The spiral type segment was driven by its high demand from oil drilling application due to its ability to withstand high pressure while drilling through hard rock formations with ease, which makes it suitable for use in deep water wells where there are high pressures on the drill string due to depth or weight on top of it.
Some Of The Growth Factors Of This Market:
- Increasing demand for drilling equipment.
- Increasing demand for oil and gas exploration.
- Growing need to drill deeper wells.
- Rising number of offshore drilling rigs.
- Growing number of onshore drilling rigs.
Industry Growth Insights published a new data on “Non-magnetic Alloy Drill Collar Market”. The research report is titled “Non-magnetic Alloy Drill Collar Market research by Types (Spiral, Slick), By Applications (Oil Drilling, Underground Thermal Well, Other Applications), By Players/Companies Schoeller-Bleckmann, Deutsche Edelstahlwerke (DEW), Carpenter Technology Corporation, Zhong Yuan Special Steel, Shanxi Fenglei Drilling Tools, Henan Shenlong Petroleum Drilling Tools, National Oilwell Varco (NOV), Vallourec, Drilling Tools International, Hunting Energy Services Inc., Stabil Drill, ACE O.C.T.G. Ltd”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Non-magnetic Alloy Drill Collar Market Research Report
By Type
Spiral, Slick
By Application
Oil Drilling, Underground Thermal Well, Other Applications
By Companies
Schoeller-Bleckmann, Deutsche Edelstahlwerke (DEW), Carpenter Technology Corporation, Zhong Yuan Special Steel, Shanxi Fenglei Drilling Tools, Henan Shenlong Petroleum Drilling Tools, National Oilwell Varco (NOV), Vallourec, Drilling Tools International, Hunting Energy Services Inc., Stabil Drill, ACE O.C.T.G. Ltd
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Non-magnetic Alloy Drill Collar Market Report Segments:
The global Non-magnetic Alloy Drill Collar market is segmented on the basis of:
Types
Spiral, Slick
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
Oil Drilling, Underground Thermal Well, Other Applications
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:
- Schoeller-Bleckmann
- Deutsche Edelstahlwerke (DEW)
- Carpenter Technology Corporation
- Zhong Yuan Special Steel
- Shanxi Fenglei Drilling Tools
- Henan Shenlong Petroleum Drilling Tools
- National Oilwell Varco (NOV)
- Vallourec
- Drilling Tools International
- Hunting Energy Services Inc.
- Stabil Drill
- ACE O.C.T.G. Ltd
Highlights of The Non-magnetic Alloy Drill Collar 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:
- Spiral
- Slick
- By Application:
- Oil Drilling
- Underground Thermal Well
- Other Applications
- 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 Non-magnetic Alloy Drill Collar 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.
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- Correctly Positioning New Products
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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?
Non-magnetic alloy drill collar is a type of drill bit that is made from an alloy that does not contain any magnetic materials. This type of bit is often used in drilling applications where the use of a magnetic bit could create interference with other nearby equipment.
Some of the major companies in the non-magnetic alloy drill collar market are Schoeller-Bleckmann, Deutsche Edelstahlwerke (DEW), Carpenter Technology Corporation, Zhong Yuan Special Steel, Shanxi Fenglei Drilling Tools, Henan Shenlong Petroleum Drilling Tools, National Oilwell Varco (NOV), Vallourec, Drilling Tools International, Hunting Energy Services Inc., Stabil Drill, ACE O.C.T.G. Ltd.
The non-magnetic alloy drill collar market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Non-magnetic Alloy Drill Collar 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. Non-magnetic Alloy Drill Collar Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Non-magnetic Alloy Drill Collar Market - Supply Chain
4.5. Global Non-magnetic Alloy Drill Collar Market Forecast
4.5.1. Non-magnetic Alloy Drill Collar Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Non-magnetic Alloy Drill Collar Market Size (000 Units) and Y-o-Y Growth
4.5.3. Non-magnetic Alloy Drill Collar Market Absolute $ Opportunity
5. Global Non-magnetic Alloy Drill Collar 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. Non-magnetic Alloy Drill Collar Market Size and Volume Forecast by Type
5.3.1. Spiral
5.3.2. Slick
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Non-magnetic Alloy Drill Collar 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. Non-magnetic Alloy Drill Collar Market Size and Volume Forecast by Application
6.3.1. Oil Drilling
6.3.2. Underground Thermal Well
6.3.3. Other Applications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Non-magnetic Alloy Drill Collar 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. Non-magnetic Alloy Drill Collar 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 Non-magnetic Alloy Drill Collar 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. Non-magnetic Alloy Drill Collar 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 Non-magnetic Alloy Drill Collar Demand Share Forecast, 2019-2026
9. North America Non-magnetic Alloy Drill Collar 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 Non-magnetic Alloy Drill Collar 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 Non-magnetic Alloy Drill Collar Market Size and Volume Forecast by Application
9.4.1. Oil Drilling
9.4.2. Underground Thermal Well
9.4.3. Other Applications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Non-magnetic Alloy Drill Collar Market Size and Volume Forecast by Type
9.7.1. Spiral
9.7.2. Slick
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 Non-magnetic Alloy Drill Collar Demand Share Forecast, 2019-2026
10. Latin America Non-magnetic Alloy Drill Collar 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 Non-magnetic Alloy Drill Collar 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 Non-magnetic Alloy Drill Collar Market Size and Volume Forecast by Application
10.4.1. Oil Drilling
10.4.2. Underground Thermal Well
10.4.3. Other Applications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Non-magnetic Alloy Drill Collar Market Size and Volume Forecast by Type
10.7.1. Spiral
10.7.2. Slick
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 Non-magnetic Alloy Drill Collar Demand Share Forecast, 2019-2026
11. Europe Non-magnetic Alloy Drill Collar 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 Non-magnetic Alloy Drill Collar 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 Non-magnetic Alloy Drill Collar Market Size and Volume Forecast by Application
11.4.1. Oil Drilling
11.4.2. Underground Thermal Well
11.4.3. Other Applications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Non-magnetic Alloy Drill Collar Market Size and Volume Forecast by Type
11.7.1. Spiral
11.7.2. Slick
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Tye
11.10. Market Attractiveness/Growth Potential 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 Non-magnetic Alloy Drill Collar Demand Share, 2019-2026
12. Asia Pacific Non-magnetic Alloy Drill Collar 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 Non-magnetic Alloy Drill Collar 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 Non-magnetic Alloy Drill Collar Market Size and Volume Forecast by Application
12.4.1. Oil Drilling
12.4.2. Underground Thermal Well
12.4.3. Other Applications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Non-magnetic Alloy Drill Collar Market Size and Volume Forecast by Type
12.7.1. Spiral
12.7.2. Slick
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 Non-magnetic Alloy Drill Collar Demand Share, 2019-2026
13. Middle East & Africa Non-magnetic Alloy Drill Collar 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 Non-magnetic Alloy Drill Collar 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 Non-magnetic Alloy Drill Collar Market Size and Volume Forecast by Application
13.4.1. Oil Drilling
13.4.2. Underground Thermal Well
13.4.3. Other Applications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Non-magnetic Alloy Drill Collar Market Size and Volume Forecast by Type
13.7.1. Spiral
13.7.2. Slick
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 Non-magnetic Alloy Drill Collar Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Non-magnetic Alloy Drill Collar Market: Market Share Analysis
14.2. Non-magnetic Alloy Drill Collar Distributors and Customers
14.3. Non-magnetic Alloy Drill Collar Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schoeller-Bleckmann
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Deutsche Edelstahlwerke (DEW)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Carpenter Technology Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zhong Yuan Special Steel
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shanxi Fenglei Drilling Tools
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Henan Shenlong Petroleum Drilling Tools
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. National Oilwell Varco (NOV)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Vallourec
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Drilling Tools International
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hunting Energy Services Inc.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Stabil Drill
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ACE O.C.T.G. Ltd
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook