Tag Archives: Drill Pipe

Drill Pipe Market Set to Reach $2.2 Billion Forecast by 2031

The Drill Pipe Market is an essential component of the oil and gas industry, which is responsible for extracting fossil fuels from the earth’s surface. Drill pipes are heavy-duty pipes that are used to drill deep into the earth’s surface to extract oil and gas deposits. The drill pipe market has experienced significant growth over …

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Drill Pipe Market Size Growing at a CAGR of 5.4% Forecast by 2031

The Drill Pipe Market size was valued at $1.3 billion in 2021, and is estimated to reach $2.2 billion by 2031, growing at a CAGR of 5.4% from 2022 to 2031. A drill pipe is a seamless steel pipe that makes up around 95% of the length of drill string. Drill string is a tool that is …

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