Global Non-magnetic Alloy Drill Collar Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Non-magnetic Alloy Drill Collar Industry Forecast” looks at past sales and reviews total world Non-magnetic Alloy Drill Collar sales in 2022, providing a comprehensive analysis by region and market sector of projected Non-magnetic Alloy Drill Collar sales for 2023 through 2029. With Non-magnetic Alloy Drill Collar sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Non-magnetic Alloy Drill Collar industry.
This Insight Report provides a comprehensive analysis of the global Non-magnetic Alloy Drill Collar 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 Alloy Drill Collar portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Non-magnetic Alloy Drill Collar market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Non-magnetic Alloy Drill Collar 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 Alloy Drill Collar.
The global Non-magnetic Alloy Drill Collar market size is projected to grow from US$ 91 million in 2022 to US$ 104.3 million in 2029; it is expected to grow at a CAGR of 104.3 from 2023 to 2029.
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%.
This report presents a comprehensive overview, market shares, and growth opportunities of Non-magnetic Alloy Drill Collar market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Spiral
Slick
Segmentation by application
Oil Drilling
Underground Thermal Well
Other Applications
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.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Non-magnetic Alloy Drill Collar market?
What factors are driving Non-magnetic Alloy Drill Collar market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Non-magnetic Alloy Drill Collar market opportunities vary by end market size?
How does Non-magnetic Alloy Drill Collar 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.
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