LONDON--(BUSINESS WIRE)--Technavio has been monitoring the oil and gas conductor pipe market and it is poised to grow by USD 166.27 million during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download a Free Sample Report on COVID-19
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the oil and gas conductor pipe market. The market growth in 2020 is likely to increase compared to the market growth in 2019.
Frequently Asked Questions:
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Based on segmentation by Application, which is the leading segment in the market?
Onshore.
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What are the major trends in the market?
Rise in deepwater and ultra-deepwater projects.
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At what rate is the market projected to grow?
The market is projected to grow at a CAGR of almost 4% during 2020-2024.
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Who are the top players in the market?
Cenergy Holdings SA, Essar Steel India Ltd., HANNON HYDRUALICS LLC, JFE Holdings Inc., Mertex UK Ltd., Nippon Steel Corp., PAO TMK, Schlumberger Ltd., Sumitomo Corp., and Tenaris SA are the top players in the market.
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What are the key market drivers and challenges?
The market is driven by the increase in global rig count. However, increasing adoption of renewable energy might hamper growth.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Cenergy Holdings SA, Essar Steel India Ltd., HANNON HYDRUALICS LLC, JFE Holdings Inc., Mertex UK Ltd., Nippon Steel Corp., PAO TMK, Schlumberger Ltd., Sumitomo Corp., and Tenaris SA are some of the major market participants. Although the increase in global rig count will offer immense growth opportunities, increasing adoption of renewable energy is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this oil and gas conductor pipe market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Oil and Gas Conductor Pipe Market 2020-2024: Segmentation
Oil and Gas Conductor Pipe Market is segmented as below:
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Application
- Onshore
- Offshore
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Geography
- North America
- APAC
- Europe
- MEA
- South America
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44024
Oil and Gas Conductor Pipe Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The oil and gas conductor pipe market report covers the following areas:
- Oil and Gas Conductor Pipe Market Size
- Oil and Gas Conductor Pipe Market Trends
- Oil and Gas Conductor Pipe Market Industry Analysis
This study identifies rise in deepwater and ultra-deepwater projects as one of the prime reasons driving the Oil and Gas Conductor Pipe Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Oil and Gas Conductor Pipe Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist oil and gas conductor pipe market growth during the next five years
- Estimation of the oil and gas conductor pipe market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the oil and gas conductor pipe market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of oil and gas conductor pipe market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Fiver forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Onshore - Market size and forecast 2019-2024
- Offshore - Market size and forecast 2019-2024
- Market opportunity by Application
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Cenergy Holdings SA
- Essar Steel India Ltd.
- HANNON HYDRUALICS LLC
- JFE Holdings Inc.
- Mertex UK Ltd.
- Nippon Steel Corp.
- PAO TMK
- Schlumberger Ltd.
- Sumitomo Corp.
- Tenaris SA
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
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List of abbreviations
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