Report ID: SQMIG10B2073
Report ID:
SQMIG10B2073 |
Region:
Global |
Published Date: December, 2024
Pages:
250
|
Tables:
89 |
Figures:
76
The US-China trade war and the downturn in developing economies both contributed to the relatively weak growth of the world economy in 2019. OCTG market share is expected to be dominated by North America because of the extensive drilling taking place there. The oil country tubular products market is projected to have strong expansion thanks to benevolent government policies and investments from some of the prominent companies in the sector. The U.S. has consistently concentrated on using oil and gas production to balance the supply-demand ratio. The market is also anticipated to be driven by the shale revolution and its enormous potential to unlock fresh reserves.
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Report ID: SQMIG10B2073