Global Oil Country Tubular Goods market expected to reach $50.14 billion by 2033, with growth opportunities.
From GlobeNewswire: 2024-07-22 20:00:00
The Global Oil Country Tubular Goods (OCTG) Market is expected to reach USD 50.14 Billion by 2033, with a CAGR of 7.07% from 2023. OCTG are essential for the oil and gas industry, providing materials for extraction and transport. North America leads the market due to shale drilling, while Asia Pacific is set to grow rapidly. Major vendors include ArcelorMittal, Tenaris, and Schlumberger. Nippon Steel Corporation received EcoLeaf Environmental Product declarations for high-alloy OCTG products in Japan. The market is segmented by process, product, application, and region, with detailed forecasts available. Explore related reports on the EV Solar Modules Market, Remote Power Panel Market, Carbon Offset/Carbon Credit Market, and Hydrogen Fueling Station Market. Contact Spherical Insights & Consulting for comprehensive market insights and analysis.
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