OCTG is the abbreviation of Oil Country Tubular Goods, it mainly refers to the piping products that applied in the oil and gas production (drilling activities). OCTG pipe normally is manufactured based on API or related standard specifications.
Major OCTG manufacturers in global Market list:
Tenaris
Vallourec
TMK Group
Nippon Steel & Sumitomo Metal
U. S. Steel Tubular Products
ArcelorMittal
SANDVIK
Zekelman Industries
SB international Inc
Continental Alloys & Services
Baoshan Iron and Steel Co., Ltd
Jiangsu Changbao Steel Pipe Co., Ltd
Hengyang Hualing Steel Pipe Group Co., Ltd
Tianjin Steel Pipe Group Co., Ltd
JFE
Interpipe
Voestalpine
Evraz
JESCO
Jindal Saw
Maharashtra
SeAH Steel
Nexteel
Hyundai Hysco
According to the survey results of qyr, the global OCTG market value reached 140.8 billion yuan in 2018, and it is expected to grow to 283.4 billion yuan in 2025, with a CAGR of 0.095.