Global Integral Drill Steels Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Integral Drill Steels Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Integral drill steels are also referred to as plug hole rods or whirly bits. Integral drill steels are mainly used for drilling holes in concrete and rock. Common applications in concrete are anchoring, installation of dowel bars, repair and reinforcement of concrete structures and (explosive) demolition.

Market Overview:

The latest research study on the global Integral Drill Steels market finds that the global Integral Drill Steels market reached a value of USD 264.31 million in 2022. It’s expected that the market will achieve USD 393.35 million by 2028, exhibiting a CAGR of 6.85% during the forecast period.

Market Drivers

The structure of some common drill pipes is composed of drill pipe bodies and joints which are thickened at both ends of the pipe body, and the drill pipe bodies and the joints are connected together by welding. However, the disadvantage of this welded drill pipe is that the performance of the welded part and its adjacent areas is difficult to ensure. If it is used in some extreme environmental conditions, for example, in the oil extraction industry, for oil drill pipes with high corrosion resistance, this welding part and its adjacent areas become the weak links of the whole drill pipe, reducing the service life of the drill pipe.
The integral drill pipe is composed of a joint and a drill pipe body, and is characterized in that the joint and the drill pipe body are integral structures. There is no need to weld the joint and the pipe body, which eliminates the influence of welding, improves the corrosion resistance of the drill pipe and prolongs the service life. The advantage of Integral Drill Steels over welded jointed ordinary drill pipe is one of the driving factors for the development of the industry.
Integral Drill Steels are widely used in oil extraction, mining industry, tunnel and underground engineering, open pit mines, construction rigs, blasting industry, civil engineering operations, roads, gas pipelines, pipeline and trench engineering, quarry engineering, rock anchoring and Ground stabilization engineering, water well industry, etc. Use in conjunction with drilling equipment such as crawler rigs, large rigs and hand-held rigs.
For example, during digging, the drill bit rotates around the vertical axis and moves axially at the same time. The soil is cut under the action of the torque and axial force of the drill bit, and is damaged and smashed under the action of the extrusion and centrifugal force of the working blade, forming a soil flow that is pressed against the pit wall, and at the same time is lifted to the surface along the page. During drilling, Integral Drill Steels are able to deliver maximum impact energy to the rock while reducing energy lost in the drilling chain. Integral Drill Steels It reduces impact energy consumption and increases drilling speed and efficiency. With the continuous development of the mining industry, construction industry, the demand for drilling construction tools is increasing, thereby increasing the demand for Integral Drill Steels. The multi-domain application of Integral Drill Steels is a driving force behind the development of the industry.

Region Overview:

From 2022-2027, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Sandvik, Atlas Copco, Mitsubishi Materials with the revenue market share of 27.26%, 17.11%, 12.17%in 2021.

Sandvik's unique expertise and solutions for the manufacturing, mining and infrastructure industries enhance customer productivity. From tools and tool systems for metal cutting, to digital manufacturing and software solutions. Products include equipment and tools, services, digital solutions for the mining and infrastructure industries. Advanced stainless steels and special alloys and industrial heating products.

Atlas Copco is an industrial company founded in Sweden that manufactures industrial tools and equipment. Atlas Copco develops and manufactures industrial tools, compressed air equipment, construction and mining equipment, industrial assembly lines and provides related services and equipment rentals.

Atlas Copco drill rods ensure better drilling speed and penetration. Pink granite slabs in India keep their shape using Atlas Copco drill rods. Rock drill rods are designed to increase drilling efficiency, speed and depth, and reduce downtime.

Segmentation Overview:

Among different product types, 1000-2000mm segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Mining segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Integral Drill Steels market covered in Chapter 3:

Mitsubishi Materials
Maxdrill Rock Tools
Shandong Sanshan Group
Atlas Copco
Sandvik
Monark
LHS Rock Tools
Padley & Venables
Gonar
Liaocheng Jinquan Construction Machinery

In Chapter 4 and Chapter 14.2, on the basis of types, the Integral Drill Steels market from 2018 to 2029 is primarily split into:

Below 600mm
600-1000mm
1000-2000mm
Above 2000mm

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Integral Drill Steels market from 2018 to 2029 covers:

Mining
Quarrying
Construction
Drilling

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)