Drill Pipe Market Projected Expansion to $1.70 billion Market Value by 2028 with a 4.6% CAGR

Global Drill Pipe Market was valued at USD 1.24 Billion in 2021 and is expected to reach USD 1.70 Billion by the year 2028, at a CAGR of 4.6%

Drill pipe is a thick-walled and hollow piping used for transmission of drilling fluid through wellbore to the drill bit during rig drilling operation. Drill pipes are seamless steel pipes and are considered as a component of drill string assembly. Drill pipes are also built to handle high external and internal pressures that drilling fluids exert. It is manufactured, inspected, and tested in compliance with the American Petroleum Institute's standard criteria (API). Drill pipes are classified as E grade, X-95, G-105, and S-135 on their API grade.

The key players covered in the Drill Pipe market report is:
Drill Pipe International LLC. (US),Superior Drill Pipe Manufacturing Inc (US),DP Master Manufacturing Pte Ltd. (Singapore),RK Pipe LLC (US),TPS-Technitube Röhrenwerke (Germany),Oil Country Tubular Limited (India),Jiangyin Long Bright Drill Pipe Manufacture Co. Ltd. (China),Hilong Group (China),Tejas Tubular Products Inc. (US),Tenaris SA (Luxembourg),National Oilwell Varco (US),Workstrings International (US),Vallourec (France),Inter Drill Asia Ltd (India), and Other Major Players.

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