Global Non-Magnetic Drill Collars Market Growth 2025-2031

Global Non-Magnetic Drill Collars Market Growth 2025-2031

The global Non-Magnetic Drill Collars market size is predicted to grow from US$ 97 million in 2025 to US$ 119 million in 2031; it is expected to grow at a CAGR of 3.4% from 2025 to 2031.

Non-Magnetic Alloy Drill Collar is the use of N1310 low carbon alloy steel, the material is through rigorous analysis of chemical composition of forged. The mechanical properties of the material can ensure the hardness, toughness, and impact value and corrosion resistance to meet the standard, with good low permeability and good mechanical processing performance. Because all magnetic measuring instruments are used to measure the direction of the borehole, the induction is the earth"s magnetic field, so the measuring instrument must be a non-magnetic environment. However in the process of drilling tools often is magnetic, magnetic field, magnetic measurement instrument of, cannot be correct trajectory measurement data, using non-magnetic Drill Collar can be implemented without magnetic environment, and has the characteristics of drilling of the Drill Collar. Figure Picture of Non-magnetic Alloy Drill Collar.

North America, Europe and China are the main production bases of Non-Magnetic Alloy Drill Collar, key manufacturers: Vallourec, Zhong Yuan Special Steel, Schoeller-Bleckmann and Drilling Tools International and etc. The top 3 are Vallourec, Schoeller-Bleckmann and Drilling Tools International, with about 55% market shares.

North America, Europe, Middle East and China are the major consumption markets, with global market share of 37%, 24%, 10% and 18%.

LP Information, Inc. (LPI) ' newest research report, the “Non-Magnetic Drill Collars Industry Forecast” looks at past sales and reviews total world Non-Magnetic Drill Collars sales in 2024, providing a comprehensive analysis by region and market sector of projected Non-Magnetic Drill Collars sales for 2025 through 2031. With Non-Magnetic Drill Collars sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Non-Magnetic Drill Collars industry.

This Insight Report provides a comprehensive analysis of the global Non-Magnetic Drill Collars 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 Non-Magnetic Drill Collars portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Non-Magnetic Drill Collars market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Non-Magnetic Drill Collars 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 Non-Magnetic Drill Collars.

This report presents a comprehensive overview, market shares, and growth opportunities of Non-Magnetic Drill Collars market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Low Carbon Stainless Steel
Titanium alloy

Segmentation by Application:
Oil Drilling
Underground Thermal Well
Others

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 analysing the company's coverage, product portfolio, its market penetration.
Vallourec
Schoeller-Bleckmann
Drilling Tools International
NOV
Hunting Energy Services Inc.
Stabil Drill
RDT-USA
ACE O.C.T.G. Ltd
JA Oilfield Manufacturing, Inc.
API Engineering Ltd.
Zhong Yuan Special Steel
Shanxi Fenglei Drilling Tools
Shanxi YIDA Special Steel Group
Henan Shenlong Petroleum Drilling Tools
Dezhou Dana’s Petroleum Technology Service
Inner Mongolia North Heavy Industries Group
Jiangsu Elite Petroleum Technology
DP-MASTER

Key Questions Addressed in this Report

What is the 10-year outlook for the global Non-Magnetic Drill Collars market?

What factors are driving Non-Magnetic Drill Collars market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Non-Magnetic Drill Collars market opportunities vary by end market size?

How does Non-Magnetic Drill Collars break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.