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Single User License: Drill Collar Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth And Forecast 2014 - 2020
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REPORT DESCRIPTION
Transparency Market Research Reports incorporated a definite business overview and investigation inclines on "Drill Collar Market". This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure. Oil and gas industry is experiencing a boom from several years. Increasing energy demand coupled with the increasing oil prices has made this an attractive market for investing companies. Oil and gas exploration and production companies are investing heavily to increase the production and meet the energy demand. This boom has resulted in the increase in revenue for oilfield services market. Drilling collar is rental equipment and is used during the drilling of a well. The number of well being drilled is increasing every year and so as the demand of drilling collar. Browse Full Report with TOC: http://www.transparencymarketresearch.com/drill-collar-market.html A drill collar is a thick walled tubular pipe made from solid bars of steel. The material used to make a drill collar is generally plain carbon steel but sometimes various alloys are used such as non magnetic nickel copper alloys and other non-magnetic premium alloys. The bars of steel used to make are drilled from one end to another so as to allow drilling mud to pass through it. Drill collars are screwed together along with other downhole equipments or tools to make a bottom hole assembly. During drilling a well, a drill collar is used in drilling string and is an important part of the bottom hole assembly (BHA). Drill collar is primarily used in drill string to apply downward force on the drill bit to efficiently break the rocks. Drill collar market can be segmented on the basis of type into standard, spiral and square drill collar. Standard collar are about 9 meters in length and round in shape. While drilling a small diameter hole and drilling directional wells, spiral drill collars are generally used to prevent differential sticking in the bore hole. Spiral drill collar also enable the circulation of drilling fluids at all the time. Squared drilling collars find application in vertical drilling and enable use of minimal clearance in bottom hole assembly. North America is expected to be the market leader in the drill collar market. However, Latin America is expected to be a potential market due to increased drilling activities in the region. Increasing drilling activities across the world is driving the drill collar market. Shale gas boom in North America has resulted in the drilling of a large number of vertical and directional wells. Many more wells will be drilled during the forecast period creating
a demand for oilfield services market and ultimately boost the drill collar market. Drilling activities in Latin America and West Africa are increasing due to huge investments in deep and ultra deep water reserves which show a huge potential for oil production for oil and gas companies. Most of the offshore deep and ultra deep water is untouched as most of the companies were restricted to shallow water reserves. Also shale gas production has not started in any regions except North America. These untapped reserves provide a huge opportunity for oil and gas industry during the forecast period and ultimately strengthen the drill collar market. Some of the key players in the drill collar market are National Oilwell Varco, Aliron Tool Research, Challenger International Inc., Command Energy Services Ltd., Downhole Oil Tools, Inc., Drilling Services Limited, Global Drilling Solutions Inc., Goldenman Petroleum Equipment Co. Limited, Oillfield Services & Supplies Pte Ltd., Deep Drill Supply Group, Workstrings International, Tianhe Oil Group and Weatherford International among others. Read More Reports on Energy and Mining Markets: http://www.transparencymarketresearch.com/energy-market-reports3.html This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments
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