1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas
  5. > Oil Market Trends
Nigeria Oil Country Tubular Goods Market to 2027 - Country Analysis and Forecasts by Process ; Product ; Application

Nigeria Oil Country Tubular Goods Market to 2027 - Country Analysis and Forecasts by Process ; Product ; Application

  • March 2020
  • 126 pages
  • ID: 5887375
  • Format: PDF
  • The Insight Partners

Summary

Table of Contents

Search Inside

The Nigeria oil country tubular goods market was worth US$ 440.51 million in 2019 and is projected to reach US$ 718.60 million by 2027; it is expected to grow at a CAGR of 6.5% during the forecast period.

The rising production of shale and a resulting hike in horizontal and unconventional drilling is one of the major driving factors of the Nigeria oil country tubular goods market.Shale oil and shale gas, much like crude oil and natural gas, are hydrocarbon commodities; the difference between them is the source from which they are extracted.

Shale oil and shale gas are extracted from shale formations that lie below the surface of the earth via a horizontal drilling and hydraulic fracturing process in which water, sand, and chemical additives are injected under high pressure to create and maintain fractures in underground formations.They are referred to as unconventional sources of hydrocarbon resources, while traditional sources are called crude oil and natural gas in the Nigeria oil country tubular goods market.

The development of shale resources seems to have finally brought solace to some of those countries who for years have been craving for energy self-sufficiency.The consequence of this is that there will be fewer oil imports from foreign countries on their side, some of which are located in volatile regions of the world.

The effect on those foreign countries that export crude oil is that their income from oil exports will decline, and for those whose economies rely on the revenue from the selling these resources, it could spell doom for them as their primary source of income is cut short. Nigeria is one such country that finds itself in such a precarious situation. Despite the popularity of such a thought, one may have no other choice but to hold the same views. If, however, a holistic view of the whole scene is taken, one observes that the Nigerian economy’s future vis-à-vis shale growth is not as grim as is commonly believed.

The Nigeria oil country tubular goods market is segmented into process, product, and application.Based on process, the Nigeria oil country tubular goods market is further segmented into seamless and welded.

Based on product, the Nigeria oil country tubular goods market is further segmented into drill pipe, well casing, and production tubing. Based on application, the Nigeria oil country tubular goods market is further segmented into onshore and offshore.

The well-established market players operating in the Nigeria oil country tubular goods market include DAMAGIX GROUP; EVRAZ plc; Hunting Group; ILJIN STEEL CO.; LTD, JFE Steel Corporation; National Oilwell Varco, Inc.; OilPro Oil and Gas Limited; Tecon Oil Sevices Ltd; Tenaris; TMK; TPCO Enterprise, Inc.; VALLOUREC; and Baker Hughes Company.

The overall Nigeria oil country tubular goods market size has been derived using both primary and secondary sources.The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Nigeria oil country tubular goods market.

It also provides an overview and forecast for the Nigeria oil country tubular goods market based on all the segmentations provided for Nigeria.Also, primary interviews were conducted with industry participants and commentators to validate data and analysis.

The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in oil country tubular goods across Nigeria.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2020

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on