Industry: Machinery & Equipment
Published Date: 2025-02-25
Pages: 104 Pages
Report ld: 4233999
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Drill Pipe Market Size(US$)

CAGR 2025-2031
2.2%
Market Size,2031
USD 1,085
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Drill Pipe was valued at US$ 936 million in the year 2024 and is projected to reach a revised size of US$ 1085 million by 2031, growing at a CAGR of 2.2% during the forecast period.
Largest application for the drill pipe market is onshore primarily due to the large number of E&P activities being carried onshore as compared to offshore. Moreover, the presence of large unconventional resources onshore in countries such as China, Argentina, Venezuela, Canada, and the U.S. has also boosted the demand for drill pipe market. On the Others hand, growing E&P activities in offshore regions within countries such as Angola, Norway, and the U.S. is also one of the reasons behind the growth of the drill pipe market for offshore applications.
North American market for Drill Pipe is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Drill Pipe is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Drill Pipe include Hilong Group, National Oilwell Varco, Tenaris, Vallourec, TMK Group, Oil Country Tubular Limited, Tejas Tubular Grades, Texas Steel Conversion, DP Master, Jiangyin Long Bright Drill Pipe Manufacture, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Drill Pipe, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Drill Pipe.
The Drill Pipe market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Drill Pipe market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Drill Pipe manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Drill Pipe manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Drill Pipe by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Drill Pipe in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Drill Pipe Market Overview
1.1 Product Definition
1.2 Drill Pipe by Type
1.2.1 Global Drill Pipe Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 API Grade
1.2.3 Premium Grade
1.3 Drill Pipe by Application
1.3.1 Global Drill Pipe Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Onshore
1.3.3 Offshore
1.4 Global Market Growth Prospects
1.4.1 Global Drill Pipe Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Drill Pipe Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Drill Pipe Production Estimates and Forecasts (2020-2031)
1.4.4 Global Drill Pipe Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Drill Pipe Production Market Share by Manufacturers (2020-2025)
2.2 Global Drill Pipe Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Drill Pipe, Industry Ranking, 2023 VS 2024
2.4 Global Drill Pipe Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Drill Pipe Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Drill Pipe, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Drill Pipe, Product Offered and Application
2.8 Global Key Manufacturers of Drill Pipe, Date of Enter into This Industry
2.9 Drill Pipe Market Competitive Situation and Trends
2.9.1 Drill Pipe Market Concentration Rate
2.9.2 Global 5 and 10 Largest Drill Pipe Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Drill Pipe Production by Region
3.1 Global Drill Pipe Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Drill Pipe Production Value by Region (2020-2031)
3.2.1 Global Drill Pipe Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Drill Pipe by Region (2026-2031)
3.3 Global Drill Pipe Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Drill Pipe Production Volume by Region (2020-2031)
3.4.1 Global Drill Pipe Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Drill Pipe by Region (2026-2031)
3.5 Global Drill Pipe Market Price Analysis by Region (2020-2025)
3.6 Global Drill Pipe Production and Value, Year-over-Year Growth
3.6.1 North America Drill Pipe Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Drill Pipe Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Drill Pipe Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Drill Pipe Production Value Estimates and Forecasts (2020-2031)
4 Drill Pipe Consumption by Region
4.1 Global Drill Pipe Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Drill Pipe Consumption by Region (2020-2031)
4.2.1 Global Drill Pipe Consumption by Region (2020-2025)
4.2.2 Global Drill Pipe Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Drill Pipe Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Drill Pipe Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Drill Pipe Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Drill Pipe Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Drill Pipe Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Drill Pipe Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Drill Pipe Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Drill Pipe Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Drill Pipe Production by Type (2020-2031)
5.1.1 Global Drill Pipe Production by Type (2020-2025)
5.1.2 Global Drill Pipe Production by Type (2026-2031)
5.1.3 Global Drill Pipe Production Market Share by Type (2020-2031)
5.2 Global Drill Pipe Production Value by Type (2020-2031)
5.2.1 Global Drill Pipe Production Value by Type (2020-2025)
5.2.2 Global Drill Pipe Production Value by Type (2026-2031)
5.2.3 Global Drill Pipe Production Value Market Share by Type (2020-2031)
5.3 Global Drill Pipe Price by Type (2020-2031)
6 Segment by Application
6.1 Global Drill Pipe Production by Application (2020-2031)
6.1.1 Global Drill Pipe Production by Application (2020-2025)
6.1.2 Global Drill Pipe Production by Application (2026-2031)
6.1.3 Global Drill Pipe Production Market Share by Application (2020-2031)
6.2 Global Drill Pipe Production Value by Application (2020-2031)
6.2.1 Global Drill Pipe Production Value by Application (2020-2025)
6.2.2 Global Drill Pipe Production Value by Application (2026-2031)
6.2.3 Global Drill Pipe Production Value Market Share by Application (2020-2031)
6.3 Global Drill Pipe Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Hilong Group
7.1.1 Hilong Group Drill Pipe Company Information
7.1.2 Hilong Group Drill Pipe Product Portfolio
7.1.3 Hilong Group Drill Pipe Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Hilong Group Main Business and Markets Served
7.1.5 Hilong Group Recent Developments/Updates
7.2 National Oilwell Varco
7.2.1 National Oilwell Varco Drill Pipe Company Information
7.2.2 National Oilwell Varco Drill Pipe Product Portfolio
7.2.3 National Oilwell Varco Drill Pipe Production, Value, Price and Gross Margin (2020-2025)
7.2.4 National Oilwell Varco Main Business and Markets Served
7.2.5 National Oilwell Varco Recent Developments/Updates
7.3 Tenaris
7.3.1 Tenaris Drill Pipe Company Information
7.3.2 Tenaris Drill Pipe Product Portfolio
7.3.3 Tenaris Drill Pipe Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Tenaris Main Business and Markets Served
7.3.5 Tenaris Recent Developments/Updates
7.4 Vallourec
7.4.1 Vallourec Drill Pipe Company Information
7.4.2 Vallourec Drill Pipe Product Portfolio
7.4.3 Vallourec Drill Pipe Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Vallourec Main Business and Markets Served
7.4.5 Vallourec Recent Developments/Updates
7.5 TMK Group
7.5.1 TMK Group Drill Pipe Company Information
7.5.2 TMK Group Drill Pipe Product Portfolio
7.5.3 TMK Group Drill Pipe Production, Value, Price and Gross Margin (2020-2025)
7.5.4 TMK Group Main Business and Markets Served
7.5.5 TMK Group Recent Developments/Updates
7.6 Oil Country Tubular Limited
7.6.1 Oil Country Tubular Limited Drill Pipe Company Information
7.6.2 Oil Country Tubular Limited Drill Pipe Product Portfolio
7.6.3 Oil Country Tubular Limited Drill Pipe Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Oil Country Tubular Limited Main Business and Markets Served
7.6.5 Oil Country Tubular Limited Recent Developments/Updates
7.7 Tejas Tubular Grades
7.7.1 Tejas Tubular Grades Drill Pipe Company Information
7.7.2 Tejas Tubular Grades Drill Pipe Product Portfolio
7.7.3 Tejas Tubular Grades Drill Pipe Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Tejas Tubular Grades Main Business and Markets Served
7.7.5 Tejas Tubular Grades Recent Developments/Updates
7.8 Texas Steel Conversion
7.8.1 Texas Steel Conversion Drill Pipe Company Information
7.8.2 Texas Steel Conversion Drill Pipe Product Portfolio
7.8.3 Texas Steel Conversion Drill Pipe Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Texas Steel Conversion Main Business and Markets Served
7.8.5 Texas Steel Conversion Recent Developments/Updates
7.9 DP Master
7.9.1 DP Master Drill Pipe Company Information
7.9.2 DP Master Drill Pipe Product Portfolio
7.9.3 DP Master Drill Pipe Production, Value, Price and Gross Margin (2020-2025)
7.9.4 DP Master Main Business and Markets Served
7.9.5 DP Master Recent Developments/Updates
7.10 Jiangyin Long Bright Drill Pipe Manufacture
7.10.1 Jiangyin Long Bright Drill Pipe Manufacture Drill Pipe Company Information
7.10.2 Jiangyin Long Bright Drill Pipe Manufacture Drill Pipe Product Portfolio
7.10.3 Jiangyin Long Bright Drill Pipe Manufacture Drill Pipe Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Jiangyin Long Bright Drill Pipe Manufacture Main Business and Markets Served
7.10.5 Jiangyin Long Bright Drill Pipe Manufacture Recent Developments/Updates
7.11 Drill Pipe International
7.11.1 Drill Pipe International Drill Pipe Company Information
7.11.2 Drill Pipe International Drill Pipe Product Portfolio
7.11.3 Drill Pipe International Drill Pipe Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Drill Pipe International Main Business and Markets Served
7.11.5 Drill Pipe International Recent Developments/Updates
7.12 Superior Drill Pipe Manufacturing
7.12.1 Superior Drill Pipe Manufacturing Drill Pipe Company Information
7.12.2 Superior Drill Pipe Manufacturing Drill Pipe Product Portfolio
7.12.3 Superior Drill Pipe Manufacturing Drill Pipe Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Superior Drill Pipe Manufacturing Main Business and Markets Served
7.12.5 Superior Drill Pipe Manufacturing Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Drill Pipe Industry Chain Analysis
8.2 Drill Pipe Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Drill Pipe Production Mode & Process Analysis
8.4 Drill Pipe Sales and Marketing
8.4.1 Drill Pipe Sales Channels
8.4.2 Drill Pipe Distributors
8.5 Drill Pipe Customer Analysis
9 Drill Pipe Market Dynamics
9.1 Drill Pipe Industry Trends
9.2 Drill Pipe Market Drivers
9.3 Drill Pipe Market Challenges
9.4 Drill Pipe Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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