Industry: Machinery & Equipment
Published Date: 2025-02-25
Pages: 94 Pages
Report ld: 4245483
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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 Drill Pipe market size was US$ 936 million in 2024 and is forecast to a readjusted size of US$ 1085 million by 2031 with a CAGR of 2.2% during the forecast period 2025-2031.
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.
The North America Drill Pipe market size was US$ million in 2024, while Europe was US$ million. The proportion of the North America was % in 2024, while Europe percentage was %, and it is predicted that Europe share will reach % in 2031, trailing a CAGR of % through the analysis period.
The global key 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 global top five players occupied for a share approximately % in terms of revenue.
In North America, in terms of sales volume, in 2024, the top three players hold a share about %, while in Europe, top three players hold a share nearly %.
The global Drill Pipe market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Drill Pipe market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2020-2031.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, and 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: Sales and revenue of Drill Pipe in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region.
Chapter 3: Detailed analysis of Drill Pipe manufacturers competitive landscape, sales, revenue, price, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the sales, revenue, price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the sales, revenue, price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Region analysis by company, by customer, by Type, by Application, sales, revenue, and price for each segment,
Chapter 7: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Drill Pipe revenue, gross margin, and recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Sales channels analysis
Chapter 10: 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 11: 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 Market Overview
1.1 Drill Pipe Product Scope
1.2 Drill Pipe by Type
1.2.1 Global Drill Pipe Sales by Type (2020 & 2024 & 2031)
1.2.2 API Grade
1.2.3 Premium Grade
1.3 Drill Pipe by Application
1.3.1 Global Drill Pipe Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Onshore
1.3.3 Offshore
1.4 Global Drill Pipe Market Estimates and Forecasts (2020-2031)
1.4.1 Global Drill Pipe Market Size in Value Growth Rate (2020-2031)
1.4.2 Global Drill Pipe Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global Drill Pipe Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global Drill Pipe Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global Drill Pipe Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global Drill Pipe Sales Market Share by Region (2020-2025)
2.2.2 Global Drill Pipe Revenue Market Share by Region (2020-2025)
2.3 Global Drill Pipe Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global Drill Pipe Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global Drill Pipe Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America Drill Pipe Market Size and Prospective (2020-2031)
2.4.2 Europe Drill Pipe Market Size and Prospective (2020-2031)
2.4.3 China Drill Pipe Market Size and Prospective (2020-2031)
2.4.4 Japan Drill Pipe Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global Drill Pipe Historic Market Review by Type (2020-2025)
3.1.1 Global Drill Pipe Sales by Type (2020-2025)
3.1.2 Global Drill Pipe Revenue by Type (2020-2025)
3.1.3 Global Drill Pipe Price by Type (2020-2025)
3.2 Global Drill Pipe Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global Drill Pipe Sales Forecast by Type (2026-2031)
3.2.2 Global Drill Pipe Revenue Forecast by Type (2026-2031)
3.2.3 Global Drill Pipe Price Forecast by Type (2026-2031)
3.3 Different Types Drill Pipe Representative Players
4 Global Market Size by Application
4.1 Global Drill Pipe Historic Market Review by Application (2020-2025)
4.1.1 Global Drill Pipe Sales by Application (2020-2025)
4.1.2 Global Drill Pipe Revenue by Application (2020-2025)
4.1.3 Global Drill Pipe Price by Application (2020-2025)
4.2 Global Drill Pipe Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global Drill Pipe Sales Forecast by Application (2026-2031)
4.2.2 Global Drill Pipe Revenue Forecast by Application (2026-2031)
4.2.3 Global Drill Pipe Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in Drill Pipe Application
5 Competition Landscape by Players
5.1 Global Drill Pipe Sales by Players (2020-2025)
5.2 Global Top Drill Pipe Players by Revenue (2020-2025)
5.3 Global Drill Pipe Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Drill Pipe as of 2024)
5.4 Global Drill Pipe Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of Drill Pipe, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Drill Pipe, Product Type & Application
5.7 Global Key Manufacturers of Drill Pipe, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America Drill Pipe Sales by Company
6.1.1.1 North America Drill Pipe Sales by Company (2020-2025)
6.1.1.2 North America Drill Pipe Revenue by Company (2020-2025)
6.1.2 North America Drill Pipe Sales Breakdown by Type (2020-2025)
6.1.3 North America Drill Pipe Sales Breakdown by Application (2020-2025)
6.1.4 North America Drill Pipe Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe Drill Pipe Sales by Company
6.2.1.1 Europe Drill Pipe Sales by Company (2020-2025)
6.2.1.2 Europe Drill Pipe Revenue by Company (2020-2025)
6.2.2 Europe Drill Pipe Sales Breakdown by Type (2020-2025)
6.2.3 Europe Drill Pipe Sales Breakdown by Application (2020-2025)
6.2.4 Europe Drill Pipe Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China Drill Pipe Sales by Company
6.3.1.1 China Drill Pipe Sales by Company (2020-2025)
6.3.1.2 China Drill Pipe Revenue by Company (2020-2025)
6.3.2 China Drill Pipe Sales Breakdown by Type (2020-2025)
6.3.3 China Drill Pipe Sales Breakdown by Application (2020-2025)
6.3.4 China Drill Pipe Major Customer
6.3.5 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan Drill Pipe Sales by Company
6.4.1.1 Japan Drill Pipe Sales by Company (2020-2025)
6.4.1.2 Japan Drill Pipe Revenue by Company (2020-2025)
6.4.2 Japan Drill Pipe Sales Breakdown by Type (2020-2025)
6.4.3 Japan Drill Pipe Sales Breakdown by Application (2020-2025)
6.4.4 Japan Drill Pipe Major Customer
6.4.5 Japan Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 Hilong Group
7.1.1 Hilong Group Company Information
7.1.2 Hilong Group Business Overview
7.1.3 Hilong Group Drill Pipe Sales, Revenue and Gross Margin (2020-2025)
7.1.4 Hilong Group Drill Pipe Products Offered
7.1.5 Hilong Group Recent Development
7.2 National Oilwell Varco
7.2.1 National Oilwell Varco Company Information
7.2.2 National Oilwell Varco Business Overview
7.2.3 National Oilwell Varco Drill Pipe Sales, Revenue and Gross Margin (2020-2025)
7.2.4 National Oilwell Varco Drill Pipe Products Offered
7.2.5 National Oilwell Varco Recent Development
7.3 Tenaris
7.3.1 Tenaris Company Information
7.3.2 Tenaris Business Overview
7.3.3 Tenaris Drill Pipe Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Tenaris Drill Pipe Products Offered
7.3.5 Tenaris Recent Development
7.4 Vallourec
7.4.1 Vallourec Company Information
7.4.2 Vallourec Business Overview
7.4.3 Vallourec Drill Pipe Sales, Revenue and Gross Margin (2020-2025)
7.4.4 Vallourec Drill Pipe Products Offered
7.4.5 Vallourec Recent Development
7.5 TMK Group
7.5.1 TMK Group Company Information
7.5.2 TMK Group Business Overview
7.5.3 TMK Group Drill Pipe Sales, Revenue and Gross Margin (2020-2025)
7.5.4 TMK Group Drill Pipe Products Offered
7.5.5 TMK Group Recent Development
7.6 Oil Country Tubular Limited
7.6.1 Oil Country Tubular Limited Company Information
7.6.2 Oil Country Tubular Limited Business Overview
7.6.3 Oil Country Tubular Limited Drill Pipe Sales, Revenue and Gross Margin (2020-2025)
7.6.4 Oil Country Tubular Limited Drill Pipe Products Offered
7.6.5 Oil Country Tubular Limited Recent Development
7.7 Tejas Tubular Grades
7.7.1 Tejas Tubular Grades Company Information
7.7.2 Tejas Tubular Grades Business Overview
7.7.3 Tejas Tubular Grades Drill Pipe Sales, Revenue and Gross Margin (2020-2025)
7.7.4 Tejas Tubular Grades Drill Pipe Products Offered
7.7.5 Tejas Tubular Grades Recent Development
7.8 Texas Steel Conversion
7.8.1 Texas Steel Conversion Company Information
7.8.2 Texas Steel Conversion Business Overview
7.8.3 Texas Steel Conversion Drill Pipe Sales, Revenue and Gross Margin (2020-2025)
7.8.4 Texas Steel Conversion Drill Pipe Products Offered
7.8.5 Texas Steel Conversion Recent Development
7.9 DP Master
7.9.1 DP Master Company Information
7.9.2 DP Master Business Overview
7.9.3 DP Master Drill Pipe Sales, Revenue and Gross Margin (2020-2025)
7.9.4 DP Master Drill Pipe Products Offered
7.9.5 DP Master Recent Development
7.10 Jiangyin Long Bright Drill Pipe Manufacture
7.10.1 Jiangyin Long Bright Drill Pipe Manufacture Company Information
7.10.2 Jiangyin Long Bright Drill Pipe Manufacture Business Overview
7.10.3 Jiangyin Long Bright Drill Pipe Manufacture Drill Pipe Sales, Revenue and Gross Margin (2020-2025)
7.10.4 Jiangyin Long Bright Drill Pipe Manufacture Drill Pipe Products Offered
7.10.5 Jiangyin Long Bright Drill Pipe Manufacture Recent Development
7.11 Drill Pipe International
7.11.1 Drill Pipe International Company Information
7.11.2 Drill Pipe International Business Overview
7.11.3 Drill Pipe International Drill Pipe Sales, Revenue and Gross Margin (2020-2025)
7.11.4 Drill Pipe International Drill Pipe Products Offered
7.11.5 Drill Pipe International Recent Development
7.12 Superior Drill Pipe Manufacturing
7.12.1 Superior Drill Pipe Manufacturing Company Information
7.12.2 Superior Drill Pipe Manufacturing Business Overview
7.12.3 Superior Drill Pipe Manufacturing Drill Pipe Sales, Revenue and Gross Margin (2020-2025)
7.12.4 Superior Drill Pipe Manufacturing Drill Pipe Products Offered
7.12.5 Superior Drill Pipe Manufacturing Recent Development
8 Drill Pipe Manufacturing Cost Analysis
8.1 Drill Pipe Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Drill Pipe
8.4 Drill Pipe Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Drill Pipe Distributors List
9.3 Drill Pipe Customers
10 Drill Pipe Market Dynamics
10.1 Drill Pipe Industry Trends
10.2 Drill Pipe Market Drivers
10.3 Drill Pipe Market Challenges
10.4 Drill Pipe Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 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
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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