Investment Rating - The report indicates a positive investment outlook for the oil country tubular goods (OCTG) industry, driven by increasing global energy and exploration activities. Core Insights - The global OCTG market sales reached $39.47 billion in 2021 and are projected to grow to $59.6 billion by 2028, with a compound annual growth rate (CAGR) of 5.6% from 2022 to 2028 [1] - The casing market size was $10.3 billion in 2022 and is expected to reach $13.4 billion by 2026, driven by rising electricity demand stimulating oil and gas needs [2] - The drill pipe market size was $1.287 billion in 2022 and is anticipated to grow to $1.5 billion by 2026, with growth expected as oil prices stabilize [3] - The drill chain market size was $14.2 million in 2022, projected to reach $15.1 million by the end of 2027, with oil and gas exploration accounting for over 93% of its application [4]
全球能源和勘探活动增加推动石油管材行业发展
2024-04-10 16:00