In a recently published analysis, Future Market Insights (FMI) has studied various market dynamics including key drivers, trends, and growth scenario of the global carbon steel tubing market, with a focus on the key lift applications of carbon steel tubes in the Oil and Gas industry over the forecast period of 2018-2028. Market projections reveal revenue from the sales of carbon steel tubes for lift application in Oil and Gas industry to reach a valuation of US$ 7,029.8 Mn by the end of 2028, up from an estimated US$ 4,799.5 Mn by 2018 end, expanding at a moderate CAGR of 3.9% through 2028. FMI predicts that increasing drilling activities to compliment recovering crude oil prices will boost the sales of carbon steel tubing for a wide range of applications in Oil and Gas industry.
The report provides detailed market share analysis of the carbon steel tubing in oil & gas lift application on the basis of key manufacturers. It also provides he market outlook for 2018–2028 and sets the forecast within the context of the report.
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Increasing number of horizontal wells in U.S coupled with flourishing oil and gas production in Gulf Of Mexico, Alaska, and the other states, will further spur the growth of carbon steel tubing market through 2028. With 1.6% Year-on-Year growth over the period of 2015-2030, natural gas consumption is projected to increased, further driving the shale gas production resulting in growing demand for carbon steel pipes.
Key Segments Covered
The report highlights some of the top companies operating in the carbon steel tubing in oil & gas lift applications market, such as Sandvik AB, ArcelorMittal S.A., Nippon Steel & Sumitomo Metal Corporation, Marcegaglia, Vallourec S.A., Tenaris S.A., Webco Industries Inc., U.S. Steel Tubular Products, JFE Holdings, Inc., SB International, Inc., CONTINENTAL ALLOYS & SERVICES Inc.
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By Outer Diameter
- 60-120 mm
- 121-250 mm
By Coating
- Internally Coated
- Externally Coated
By End Use
- Onshore
- Offshore
By Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific (APAC)
- Middle East & Africa (MEA)
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Table Of Content:
- Executive Summary 1.1. Market Overview 1.2. Market Analysis 1.3. FMI Analysis and Recommendations 1.4. Wheel of Fortune
- Market Introduction 2.1. Market Definition 2.2. Market Taxonomy 2.3. Analyst Credentials 2.4. About FMI
- Carbon Steel Tubing in Oil & Gas Lift Application Market Background 3.1. Macro-Economic Factors 3.2. Opportunity Analysis 3.3. Global Economic Outlook 3.4. Market Dynamics
3.4.1. Drivers 3.4.2. Restraints 3.4.3. Trends
3.5. Value Chain Analysis 3.6. Forecast Factors – Relevance & Impact - Global Carbon Steel Tubing in Oil & Gas Lift Application Market Analysis 2013–2017 and Forecast 2018–2028 4.1. Market Volume (Kilotons) Projections 4.2. Pricing Analysis 4.3. Market Size Projections
4.3.1. Y-o-Y Projections 4.3.2. Absolute $ Opportunity Analysis
- Global Carbon Steel Tubing in Oil & Gas Lift Application Market Analysis 2013–2017 and Forecast 2018–2028, By outer Diameter 5.1. Introduction
5.1.1. Market Value Share Analysis By Outer Diameter 5.1.2. Y-o-Y Growth Analysis By Outer Diameter
5.2. Historical Market Size (US$ Mn) and Volume (KT) By Outer Diameter, 2013–2017 5.3. Market Size (US$ Mn) and Volume (KT) Forecast By Outer Diameter, 2018-20285.3.1. 60-120 mm 5.3.2. 121-250 mm
5.4. Market Attractiveness Analysis By Outer Diameter - Global Carbon Steel Tubing in Oil & Gas Lift Application Market Analysis 2013–2017 and Forecast 2018–2028, by Coating Type
- Global Carbon Steel Tubing in Oil & Gas Lift Application Market Analysis 2013–2017 and Forecast 2018–2028, by End Use
- Global Carbon Steel Tubing in Oil & Gas Lift Application Market Analysis 2013–2017 and Forecast 2018–2028, By Region
- Global Carbon Steel Tubing in Oil & Gas Lift Application Market Pricing Analysis
- North America Carbon Steel Tubing in Oil & Gas Lift Application Market Analysis 2013–2017 and Forecast 2018–2028
- Latin America Carbon Steel Tubing in Oil & Gas Lift Application Market Analysis 2013–2017 and Forecast 2018–2028
- Western Europe Carbon Steel Tubing in Oil & Gas Lift Application Market Analysis 2013–2017 and Forecast 2018–2028
- Eastern Europe Carbon Steel Tubing in Oil & Gas Lift Application Market Analysis 2013–2017 and Forecast 2018–2028
- Middle East & Africa Carbon Steel Tubing in Oil & Gas Lift Application Market Analysis 2013–2017 and Forecast 2018–2028
- Market analysis and forecast in GCC countries, Turkey, South Africa, Iran and rest of MEA
- Asia Pacific (APEC) Carbon Steel Tubing in Oil & Gas Lift Application Market Analysis 2013–2017 and Forecast 2018–2028
- Carbon Steel Tubing in Oil & Gas Lift Application Market Industry Structure
- Competition Analysis
- Research Methodology
The post Carbon Steel Tubing in Oil and Gas Lift Applications Market is Set to Garner Staggering Revenues of US$ 7,029.8 Mn by 2028 appeared first on Industry News Analsis.
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