DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/b52c76/global_octg_oil_c) has announced the addition of the "Global OCTG (Oil Country Tubular Goods) Market Report: 2011 Edition" report to their offering.
Key Features:
The report provides an analysis of the global OCTG market. It discusses major market trends, growth drivers, and challenges faced by OCTG market. The report also presents the competitive structure of the industry and profiles major players in the OCTG market.
Market Highlights:
The oil and gas exploration and production activity in the US displays a trend of continuous growth driving the demand for OCTG products in the region. The growth in rig count and expansion of shale drilling regions will bring a paradigm shift in the US energy supply in the years to come. The Russian OCTG market is also experiencing steady growth in the light of recent changes in the oil taxation regime and enhanced drilling activity. Due to the trade actions in the US and Europe, Chinese OCTG exporters have shifted their focus to regions like Indonesia, South America, and the Middle East, among others. This is expected to bring a noticeable growth in the Chinese OCTG market.
The global rig counts have reported a rise both in pre and post economic crisis period, suggesting a positive trend driving the demand of OCTG products. Further, with the ever increasing demand for oil and gas, the growth in the OCTG market is expected to continue to gain strength in the times to come. Also, increasing oil prices and rising capital expenditure by E&P companies will boost the drilling activity resulting in more consumption of OCTG products.
Key Topics Covered:
1 .Overview
2. OCTG Market Overview 2.1 Global Market 2.2 The US OCTG Market 2.3 China OCTG Market 2.4 Russia OCTG Market
3. OCTG - Market Dynamics 3.1 Key Trends 3.2 Growth Drivers 3.3 Challenges 4. Competitive Scenario
5. Company Profiles
6. Market Outlook
For more information visit http://www.researchandmarkets.com/research/b52c76/global_octg_oil_c