Pup Joint - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Pup Joint Market is growing at a CAGR of 7.3% during the forecast period. Technological advancement in drilling techniques and rapid industrialization in developing countries and increasing command for natural gas and oil are the major factors propelling the market growth. However, high costs and stringent policies related to petroleum production are hindering the market growth.
A pup joint is a pipe of non-standard length that is used to adjust the length of the tubular string to match the exact requirement. They are also used to alter the length of the drill string for drilling operation and easy surface handling. The presentation of the pup joints mainly depends on their mechanical properties.
Based on the product type, the tubing pup joint segment is likely to have a huge demand due to these pup joints are also used for handling production tubing accessories. Tubing pup joints are tubing that is short in length and used for spacing. By geography, North America is estimated to have a lucrative growth due to technological advancements and an increase in foreign direct investment for various exploration projects.
Some of the key players profiled in the Pup Joint Market include Stewart Tubular Products, AZZ Inc., Oil Country Tubular Limited, Forum Energy Technologies, Inc., and National Oilwell Varco, Sledgehammer Oil Tools Pvt. Ltd, Dmh United Steel Industry Co., Ltd, TPS-Technitube Rohrenwerke GmbH, Texas Pipe Works Inc., Anvil International, Sandong Metal Industry Co., Ltd., TaiXing Shiji Dongfang Machinery, WestCan Oilfield Supply Ltd, Mid-Continent, and Hengshui Weijia Petroleum Equipment.
Product Types Covered:
• Drill Pipe Pup Joint
• Tubing Pup Joint
• Crossover Pup Joint
• Casing Pup Joint
• Cold Rolled
• Hot Rolled
• 2 Feet
• 4 Feet
• 6 Feet
• 7 Feet
• Other Lengths
End Users Covered:
• Chemical Industry
• Oil & Gas
• Shipbuilding Industry
• Sludge Treatment
• Refining Industry
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o Comprehensive profiling of additional market players (up to 3)
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o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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