The major trends observed in the OCTG market globally include growth in global rig count, rise in E&P activities, and seamless pipe capacity development.
Dallas, Texas (PRWEB) December 06, 2013
Oil Country Tubular Goods (OCTG) refers to family of steel tubes and casings which are primarily used for exploration and production of oil and gas. OCTG includes drill pipe, casing and tubing subjected to loading conditions according to their specific application. OCTG are produced as seamless or welded tube and pipe. The key difference between the two is that seamless OCTG can achieve higher grades and heavier wall thickness whereas welded OCTG cannot be used under challenging oil and gas exploration environments.
Increasing appetency for energy has led to growth in oil production and exploration activities and rise in global crude oil prices has been supporting the increased investment in oil and gas exploration, which in turn, has catalyzed the demand for OCTG products and thereby growth of OCTG market. However, there are factors that are holding back the market including environmental and regulatory issues, barriers to entry and depletion of limited oil and gas resources. The major trends observed in the OCTG market globally include growth in global rig count, rise in E&P activities, and seamless pipe capacity development. Complete report available at http://www.marketreportsonline.com/299490.html.
The report offers a comprehensive analysis of the worldwide OCTG market with focus on certain regions, including North America, the US, and China. It provides competitive landscape and profiles the leading players in the market along with their business strategies.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
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Major points from the Table of Contents (http://www.marketreportsonline.com/299490-toc.html) are listed below:
1. Market Overview
1.1 Types of OCTG Products
1.2 OCTG Manufacturing Process
2. OCTG Market Analysis
2.1 Global Market
2.2 North America
2.2.1 The United States
3. Market Dynamics
3.1 Key Trends
3.2 Growth Drivers
4. Competitive Landscape
5. Company Profiles
5.1 Tenaris S.A.
5.3 OAO TMK
5.4 Nippon Steel & Sumitomo Metal Corporation
6. Market Outlook
6.1 Market Forecast
6.2 Forecast Methodology
6.2.1 Dependent and Independent Variables
6.2.2 Correlation Analysis
6.2.3 Regression Analysis
List of Tables
The US OCTG Imports by Targeted Countries (2012)
Evolution of Rig Count by Region (2007-2012)
Global E&P Capital Spending by Region (2012-2013E)
Dependent & Independent Variables (2007-2012)
Model Summary – Coefficient of Determination
Regression Coefficients Output
List of Charts
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Global OCTG Market: Trends & Opportunities (2012-2017) (http://www.marketreportsonline.com/295914.html) at: The report titled "Global OCTG Market: Trends and Opportunities (2012-2017)" analyzes the potential opportunities and significant trends in the global oil country tubular goods market. The report also provides detailed analysis of the global OCTG market, seamless and welded OCTG market, drill pipes market and OCTG coating materials and services market and future growth of these market. The report also profiles and analyzes the business strategies of the leading companies operating in the segment, including their expansion plans.
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