Nigeria Oil Country Tubular Goods Market is expected to reach US$ 718.60 Million by 2027 with CAGR of 6.5%

The Nigeria Oil Country Tubular Goods market is growing along with the Manufacturing industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

Oil country tubular goods (OCTG) is a family of seamless rolled products consisting of drill pipe, casing and tubing subjected to loading conditions according to their specific application.

The Nigeria oil country tubular goods market was worth US$ 440.51 million in 2019 and is projected to reach US$ 718.60 million by 2027; it is expected to grow at a CAGR of 6.5% during the forecast period.

Oil Country Tubular Limited manufactures and sells drill pipes and related products, Oil Country Tubular Products (OCTG), and services for the oil drilling and exploration industry. The company’s segment includes drill pipes and related products, OCTG sales, OCTG services, and other sales and services.

The Business Market Insights subscription helps clients understand the ongoing market trends, identify opportunities, and make informed decisions through the reports in the Subscription Platform. The Industry reports available in the subscription provide an in-depth analysis on various market topics and enable clients to line up remunerative opportunities. The reports provide the market size & forecast, drivers, challenges, trends, and more.

Ask for Sample Copy of this report at – https://www.businessmarketinsights.com/sample/TIPRE00009678

These factors are expected to offer broad growth opportunities in the Manufacturing industry and this is expected to cause the demand for Oil Country Tubular assays in the market.

Business Market Insights reports focus upon client objectives, use standard research methodologies and exclusive analytical models, combined with robust business acumen, which provides precise and insightful results.

Business Market Insights reports are useful not only for corporate and academic professionals but also for consulting, research firms, PEVC firms, and professional services firms.

Nigeria Oil Country Tubular Goods Market Segmentation
By Process
• Seamless
• Welded

By Product
• Drill Pipe
• Well Casing
• Production Tubing

By Application
• Onshore
• Offshore

Companies Profiles
• DAMAGIX GROUP
• EVRAZ plc
• Hunting Group
• ILJIN STEEL CO., LTD
• JFE Steel Corporation
• National Oilwell Varco, Inc.
• OilPro Oil and Gas Limited
• Tecon Oil Sevices Ltd
• Tenaris
• TMK
• TPCO Enterprise, Inc.
• VALLOUREC
• Baker Hughes Company

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

Contact US:

Business Market Insights

Phone: +442081254005

E-Mail ID: [email protected]

Web URL: https://www.businessmarketinsights.com/

LinkedIn URL: https://www.linkedin.com/company/business-market-insights/

Leave a Reply

Your email address will not be published.