Non-Magnetic Alloy Drill Collar is the use of N1310 low carbon alloy steel, the material is through rigorous analysis of chemical composition of forged. The mechanical properties of the material can ensure the hardness, toughness, and impact value and corrosion resistance to meet the standard, with good low permeability and good mechanical processing performance. Because all magnetic measuring instruments are used to measure the direction of the borehole, the induction is the earth's magnetic field, so the measuring instrument must be a non-magnetic environment. However in the process of drilling tools often is magnetic, magnetic field, magnetic measurement instrument of, cannot be correct trajectory measurement data, using non-magnetic Drill Collar can be implemented without magnetic environment, and has the characteristics of drilling of the Drill Collar. Figure Picture of Non-magnetic Alloy Drill Collar.
Non-Magnetic Alloy Drill Collar industry has been developed for many years, and this industry has developed very mature now in developed countries. But in developing countries like China, the industry there is far from mature. In the current environment of global recession, Non-Magnetic Alloy Drill Collar industry declined.
Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, in future still more new investment will enter into the field. Technology and cost are two major problems.
According to this study, over the next five years the Non-magnetic Alloy Drill Collar market will register a 2.2% CAGR in terms of revenue, the global market size will reach US$ 100 million by 2024, from US$ 86 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Non-magnetic Alloy Drill Collar business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Non-magnetic Alloy Drill Collar market by product type, application, key manufacturers and key regions and countries.
This study considers the Non-magnetic Alloy Drill Collar value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Spiral
Slick
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Oil Drilling
Underground Thermal Well
Other Applications
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Schoeller-Bleckmann
Deutsche Edelstahlwerke (DEW)
Carpenter Technology Corporation
Zhong Yuan Special Steel
Shanxi Fenglei Drilling Tools
Henan Shenlong Petroleum Drilling Tools
National Oilwell Varco (NOV)
Vallourec
Drilling Tools International
Hunting Energy Services Inc.
Stabil Drill
ACE O.C.T.G. Ltd
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Non-magnetic Alloy Drill Collar consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Non-magnetic Alloy Drill Collar market by identifying its various subsegments.
Focuses on the key global Non-magnetic Alloy Drill Collar manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Non-magnetic Alloy Drill Collar with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Non-magnetic Alloy Drill Collar submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Non-magnetic Alloy Drill Collar . Industry analysis & Market Report on Non-magnetic Alloy Drill Collar is a syndicated market report, published as Global Non-magnetic Alloy Drill Collar Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Non-magnetic Alloy Drill Collar market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.