Oil & Gas Equipment & Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Drill Pipe
Overview
Market size
$4,200
global, USD
CAGR
5.8%
base to forecast
Buyer power
-2.1
supplier-favoured
Suppliers
5
tracked players
Signals
12
4 high severity
Market outlook
2031$5568
What changed
Demand by region
North America demand35%
Middle East & Africa demand25%
Asia Pacific demand20%
Europe demand10%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
API and premium steel alloys50%
Thermal and mechanical processing energy25%
Premium threading and metallurgical testing15%
Logistics and port transportation10%
share of delivered cost (analyst estimate)