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Koncept Analytics Publishes New Report on Global OCTG Oil Country Tubular Goods Market - 2011 Edition - The report provides an analysis of the global OCTG market. It discusses major market trends, growth drivers, and challenges faced by OCTG market. The report also presents the competitive structure of the industry and profiles major players
Koncept Analytics Publishes New Report on Global OCTG Oil Country Tubular Goods Market - 2011 Edition

 

NewswireToday - /newswire/ - Delhi, New Delhi, India, 2011/11/18 - The report provides an analysis of the global OCTG market. It discusses major market trends, growth drivers, and challenges faced by OCTG market. The report also presents the competitive structure of the industry and profiles major players.

   
 
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After coal, the discovery of oil and gas was one of the most landmark developments in the history of mankind. Oil and gas not only fulfills the major energy needs of the world but numerous petro products form the backbone of many scientific and industrial developments. Exploration and production of oil and gas increased over the decades. OCTG products being integral component in the exploration and production of oil and gas, their market too has correspondingly grown.

The oil and gas exploration and production activity in the US displays a trend of continuous growth driving the demand for OCTG products in the region. The growth in rig count and expansion of shale drilling regions will bring a paradigm shift in the US energy supply in the years to come. The Russian OCTG market is also experiencing steady growth in the light of recent changes in the oil taxation regime and enhanced drilling activity. Due to the trade actions in the US and Europe, Chinese OCTG exporters have shifted their focus to regions like Indonesia, South America, and the Middle East, among others. This is expected to bring a noticeable growth in the Chinese OCTG market.

The global rig counts have reported a rise both in pre and post economic crisis period, suggesting a positive trend driving the demand of OCTG products. Further, with the ever increasing demand for oil and gas, the growth in the OCTG market is expected to continue to gain strength in the times to come. Also, increasing oil prices and rising capital expenditure by E&P companies will boost the drilling activity resulting in more consumption of OCTG products. However, the industry also faces a challenge in the form of rising steel prices and finite reserves of oil and gas.

The report broadly includes the following:

List of Charts
Global Seamless OCTG Consumption, 2003-2010
Global Breakdown of OCTG Market: API vs. Premium Products by Region, 2010
Worldwide OCTG Onshore and Offshore Consumption, 2010
Worldwide Premium OCTG Consumption: Onshore & Offshore, 2010
The US OCTG Consumption, Jan08-Apr11
The US Rig Counts vs. Drilling Permits, May10-May11
The US Rigs Count: Oil vs. Gas Stake, 2008-2011
Breakdown of the US Rig Count by Nature of Drilling Operations, 2010
The US OCTG Pipes Inventories, Jan08-Jan11
The US OCTG Imports and China’s Share, Jan08-Jul11
The US OCTG Composite Spot Prices, Jan05-Jan11
China’s Seamless OCTG Production and Consumption, 1999-2013E
China’s OCTG Exports, H108-H111
China’s OCTG Exports by Regions, H111
Russian OCTG Consumption Trend, 2003-2015F
Share of Welded OCTG in the Russian Market, 2003-2010
OCTG Consumption per Meter Drilled in Russia, Q107-Q111
Growth in Russian Oil Production and Capital Expenditure Spending, 2000-2011E
Global Rig Count, 2000-2011E
Global GDP Forecasts, 2006-2013F
Global Oil Demand Forecasts, 2003-2011E
Global Gas Demand, 2009-2010
Worldwide Crude Oil Prices, 2005-2012E
Global Composite Stainless Steel Prices, Sep10-Sep11
Tenaris’ Revenues by Business Segments, 2010
Tenaris’ Revenues and Net Income, 2006-2010
Sumitomo Metal Industries’ Revenues by Business Segments, FY 2010
Sumitomo Metal Industries’ Revenues and Net Income, FY06-FY10
Vallourec’s Revenues by Application, 2010
Vallourec’s Revenues and Net Income, 2006-2010
TMK’s Sales Volume Breakdown by Product Type, 2010
TMK’s Revenues and Net Income, 2006-2010
Global Seamless OCTG Consumption, 2009-2013F

List of Tables
Evolution of Rig Count by Regions, 2007-2010
Dependent & Independent Variables (2003-2010)
Correlation Matrix
Model Summary – Coefficient of Determination
Regression Coefficients Output.

 
 
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Koncept Analytics Publishes New Report on Global OCTG Oil Country Tubular Goods Market - 2011 Edition

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Publisher Contact: Vikas Gupta - KonceptAnalytics.com 
+91 12 04130959 vikas[.]konceptanalytics.com
 
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