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Europe Oil Country Tubular Goods (OCTG) Market Worth by 2019

The European market has a share of around 8% of the global OCTG market in 2013. The total revenue generated by the European market is $2,939.1 million in 2013, which is expected to grow at a moderate CAGR of 7.9% from 2014 to 2019 to reach $4,639.1 million by 2019.

SamuelLawrence
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Europe Oil Country Tubular Goods (OCTG) Market Worth by 2019

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  1. MicroMarket Monitor World’s 1st Real Time Market Intelligence Forecasts Europe Oil Country Tubular Goods (OCTG) Market Worth $4,639.1 Million by 2019 http://www.micromarketmonitor.com/market/europe-oil-country-tubular-goods-octg-3645817247.html

  2. Browse through the market data tables, figures and detailed TOC on the “European Oil Country Tubular Goods Market.” http://www.micromarketmonitor.com/market/europe-oil-country-tubular-goods-octg-3645817247.html http://www.micromarketmonitor.com/market/europe-oil-country-tubular-goods-octg-3645817247.html

  3. The European market has a share of around 8% of the global OCTG market in 2013. • The total revenue generated by the European market is $2,939.1 million in 2013, which is expected to grow at a moderate CAGR of 7.9% from 2014 to 2019 to reach $4,639.1 million by 2019. • The European market had 8% share in seamless whereas 5% share in ERW of global OCTG market in 2013. • Increase in the demand of shale oil & gas and rise in the depth of the wells will lead to an increase in the number of OCTG needed for establishing a well. • Three countries, Norway, Russia and U.K., majorly dominate the European OCTG market. These three countries account for around 80% market share in 2013. http://www.micromarketmonitor.com/market/europe-oil-country-tubular-goods-octg-3645817247.html

  4. Middle East Oil Country Tubular Goods Market: • The Middle East had a share of around 7% of the global OCTG market by 2013. • The total revenue generated by the Middle East OCTG market is $2,682.0 million in 2013, which is expected to grow at a moderate CAGR of 7.7% from 2014 to 2019 to reach $4,202.9 million by 2019. • Middle East market has 8% share in seamless and 4% share in ERW of global OCTG market in 2013. • Increased drilling activities in onshore and offshore and growing trends of horizontal drilling in unconventional reserves are driving the growth of OCTG market in this region. • Saudi Arabia and Qatar are the key OCTG markets in the Middle East region. • http://www.micromarketmonitor.com/market/middle-east-oil-country-tubular-goods-octg-7926060652.html

  5. African Oil Country Tubular Goods Market: • Africa has 6.7% share in the global OCTG market in 2013. The total revenue generated by the African OCTG market is $2,606.0 million in 2013, which is expected to grow at a moderate CAGR of 9.0% from 2014 to 2019 to reach $4,346.6 million by 2019. • African market had 8% share in seamless and 2% share in electric resistance welding (ERW) of the global OCTG market in 2013. • Focus on unconventional reserves and growing in trend of horizontal drilling in unconventional reserve is driving the growth of OCTG market in this region. • Angola and Egypt are the key OCTG markets in the African region. • http://www.micromarketmonitor.com/market/africa-oil-country-tubular-goods-octg-7756826758.html

  6. About MicroMarket Monitor MicroMarketMonitor provides deep dive insight into 5000 granular markets along with the updates. The MMM Reports are uniquely differentiated by its ecosystem analysis (value chain) analysis for each granular market. It provides pictorial methodology along with the market sizing at each market capturing all dependent markets (demand side), macro indicators (demand side), and supplyside company data.The Report Plots all the dependent cascaded market with their growth/slow down indicators, which influences revenues of the targeted market. The report provides you competitive landscape, competitive profile along with the competitive SWOT analysis. The report also provides Customer landscape identifying the top customers for the target market. It plots market landscape of the technologies, ingredients, vendors servicing the target market including the cannibalization of the prevailingtechnologies/products. http://www.micromarketmonitor.com/market/europe-oil-country-tubular-goods-octg-3645817247.html

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