Tool Joint is a threaded joint of a drill pipe that offers high strength to the threaded connections.
This report contains market size and forecasts of Tool Joint in global, including the following market information:
Global Tool Joint Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Tool Joint Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Tool Joint companies in 2021 (%)
The global Tool Joint market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Threaded Screw-on Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Tool Joint include Hacker International, LLC, Penguin Petroleum Services Pvt. Ltd, Maier GmbH&Co. KG, EBIC Oilfield Equipment, Copeland Supply Co., Inc, TONTAN, Oilfield-OCTG, National Oilwell Varco and Arnco Technology Trust Ltd, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Tool Joint manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Tool Joint Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Tool Joint Market Segment Percentages, by Type, 2021 (%)
Threaded Screw-on Type
Counter-bore Weld Type
Flash or Inertia Weld Type
Global Tool Joint Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Tool Joint Market Segment Percentages, by Application, 2021 (%)
Oil
Gas
Global Tool Joint Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Tool Joint Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Tool Joint revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Tool Joint revenues share in global market, 2021 (%)
Key companies Tool Joint sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Tool Joint sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hacker International, LLC
Penguin Petroleum Services Pvt. Ltd
Maier GmbH&Co. KG
EBIC Oilfield Equipment
Copeland Supply Co., Inc
TONTAN
Oilfield-OCTG
National Oilwell Varco
Arnco Technology Trust Ltd
TSC Drill Pipe
Foremost