Global Casing Connectors Market Growth 2023-2029
Casing Connectors offer fast make-up, reliable sealing and versatility to excel in a variety of drilling applications. Casing connection system can be used as an alternative to the conventional weld-on or threaded casing connection.
LPI (LP Information)' newest research report, the “Casing Connectors Industry Forecast” looks at past sales and reviews total world Casing Connectors sales in 2022, providing a comprehensive analysis by region and market sector of projected Casing Connectors sales for 2023 through 2029. With Casing Connectors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Casing Connectors industry.
This Insight Report provides a comprehensive analysis of the global Casing Connectors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Casing Connectors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Casing Connectors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Casing Connectors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Casing Connectors.
The global Casing Connectors market size is projected to grow from US$ 177.1 million in 2022 to US$ 284 million in 2029; it is expected to grow at a CAGR of 284 from 2023 to 2029.
Global key players of casing connectors include NOV, Dril-Quip, Oil States International, Baker Hughes, OMS Oilfield Services, etc. The top five players hold a share over 44%. North America is the largest producer of casing connectors, holds a share over 50 percent. In terms of product type, API Connection is the largest segment, occupied for a share of 61%, and in terms of application, Onshore has a share about 67 percent.
This report presents a comprehensive overview, market shares, and growth opportunities of Casing Connectors market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
API Connection
Premium Connection
Segmentation by application
Onshore
Offshore
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
NOV
Dril-Quip
Oil States International
Baker Hughes
OMS Oilfield Services
Schlumberger
VAM (Vallourec)
Tejas Tubular Products
TPS Technitube
PT Tridaya Esa Pakarti
United Drilling Tools
Key Questions Addressed in this Report
What is the 10-year outlook for the global Casing Connectors market?
What factors are driving Casing Connectors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Casing Connectors market opportunities vary by end market size?
How does Casing Connectors break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook