pup joint market made in china
Pup joints are nonstandard pipes that are designed to adjust the length of tubular strings to meet specific requirements. These pipes are also used to modify the length of drill strings for drilling operations and surface handling, and the appearance of the joints is greatly affected by their mechanical properties.
Further, the Pup Joint market is segmented by product type, technology group, end-user, and geography. On the basis of product type, thePup Joint marketis segmented under crossover pup joint, tubing pup joint, and drill pipe pup joint. Based on the technology group, the market is segmented under the hot rolled and cold rolled. On the basis of End-User, the pup joint market is segmented under chemical industry, mining, oil & gas, construction, and others. By geography, the market covers the major countries in Asia Pacific i.e., India, China, Japan, Australia and Rest of Asia Pacific For each segment, the market sizing and forecasts have been done on the basis of value (in USD Million).
Growing demand for Pup joint products is driven by the oil and gas industries because of their high value. Opportunistic applications in the mining sector, and advances in mining exploration technologies, are also generating strong demand. This market has been experiencing growth due to the growing use of pup joints in pipeline transportation systems. These joints are typically easy to handle and operate due to their friendly design. Also, pup joints provide the same performance as casing/tubing drill pipes. Drill pipes are a fundamental part of oil drilling in the highly specialized oil and gas sector, so seemingly insignificant pup joints have grown into a distinct industry. Since the demand for petroleum products has risen in Asia Pacific from the last few decades, the Pup joint industry sector has directly benefited.
China and India are two of the biggest global markets for pup joints. Oil and gas, chemical production, mining, construction, and other industries are seeing increased investment in Asia Pacific countries. In addition, technological improvements are encouraging producers to enter this region. In fact, the World imports most of its Pup Joints from China. India and Indonesia appear to be the top two importers of Pup Joint. India is the largest importer with 597 shipments, followed by Indonesia with 172.
As a result of a changing energy policy and geopolitical tensions in the oil and gas sector, demand has dropped in many Asia-Pacific countries such as India. In many countries, government and environmental programs promoting renewable and alternate sources of energy are directly affecting the oil and gas sector. It has, in turn, been a hindrance to revenues in several industries related to oil and gas exploration, including pup joints.
Several major players are focusing on offering custom products for down-hole applications. Because of their established use in the oil and gas industry, Pup joints for wire line activities are still in high demand, which is a great opportunity for the key players. Efforts are made by key players in the Pup joint market to enhance technology, and to make sure that products can withstand high-pressure environments and corrosion.
Due to the economic slowdown and significant price drop caused by COVID-19, the downstream oil & gas industry has been greatly affected. The largest end-user industry of pup joints is the oil and gas industry, and this is likely to impact consumer demand. A number of factors contributed to this, including a decrease in demand and a reduction in production, however there are major countries such as India and China that have adopted dynamic and different approaches to deal with these issues; therefore, the market is expected to grow moderately during the forecast period.
By Product Type,the Pup Joint Market is segmented into Crossover Pup Joint, Tubing Pup Joint, and Drill Pipe Pup Joint. The Tubing Pup Joint held the highest market share of xx% in 2021. The popularity of tubing pup joints is likely because of the fact that they are used to handle production tubing accessories. Tubing pup joints are short-sized tubings that feature joint mechanisms.
By End-User, the Pup Joint Market is segmented into Chemical Industry, Mining, Oil & Gas, Construction, and Others. The Oil & Gas segment held the highest market share in 2021. As for end-to-end operations, the booming oil and gas and mining sectors depend on a wide range of industry sectors. The large variety of activities for oil exploration requires a large variety of industrial, mechanical, and technical equipment of varying sizes. One of these is a pup joint, despite its simple and intermediate function. It is essential equipment for almost any well in the oil and gas industry to have a pup joint.
The market is characterized by the existence of a number of well-known firms. These companies control a large portion of the market, have a wide Product Type portfolio, and have a Asia Pacific presence. In addition, the market comprises small to mid-sized competitors that sell a limited variety of items, some of which are self-publishing organizations.
The market"s major companies have a significant impact because most of them have extensive Asia Pacific networks through which they can reach their massive client bases. To drive revenue growth and strengthen their positions in the Asia Pacific market, key players in the market, particularly in Asia Pacific and Asia Pacific, are focusing on strategic initiatives such as acquisitions, new collection launches, and partnerships.
The objective of the report is to present a comprehensive analysis of theAsia PacificPup Joint market to the stakeholders in the industry. The report provides trends that are most dominant in the Asia PacificPup Joint market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of theAsia PacificPup Joint Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.
The qualitative and quantitative data provided in theAsia PacificPup Joint market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in theAsia PacificPup Joint market. The report studies factors such as company size, market share, market growth, revenue, Product Type, and profits of the key players in theAsia PacificPup Joint market.
The report provides Porter"s Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their Product Type quality is in theAsia PacificPup Joint market. The report also analyses if theAsia PacificPup Joint market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, if the market is dominated by a few players, etc.
The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence theAsia PacificPup Joint market. Economic variables aid in the analysis of economic performance drivers that have an impact on theAsia PacificPup Joint market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Asia PacificPup Joint market is aided by legal factors.
Pup joints are a type of non-standard length pipe which is often utilized to adjust tubular strings to individual requirements. API casing and tubing pup joints are manufactured according to API Spec 5CT with API monogrammed, seamless oil country tubing. These joints are also used to adjust the height of full-length tubing and casing and are mainly applied as depth markers for drill strings, Products on tubing, or casing. A pup joint is widely used in the energy sector, including renewable electricity, coal, and gas. These applications include interconnecting flow lines, full traceability, and customized lengths based on the client"s requirements.
Further, the Pup Joint market is segmented by Product Type, Technology, End-User, and geography. Based on Product Type, the Pup Joint market is segmented under Crossover Pup Joint, Tubing Pup Joint, and Drill Pipe Pup Joint. Based on the Technology, the Pup Joint market is segmented under Hot Rolled and Cold Rolled. Based on End-User, the Pup Joint market is segmented under Chemical Industry, Mining,Oil & Gas, Construction, and Others. By geography, the market covers the following regions: North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD Million).
The key factors affecting the industry include technological advancements in drilling techniques and faster industrialization in developing countries. In addition, the rise in population will lead to an increase in the demand for natural gas and oil, which will help the pup joint market flourish during the forecast period. Growth in the demand for high-grade pup joints within various industry verticals is expected to boost the market growth during the forecast period. Additionally, the increase in energy consumption, economic development of the shipping industry, and surge in seaborne trade are the major factors driving the market.
The majority of major companies are focusing on upgrading their equipment according to market needs in the coming years. Key players are focusing on developing products that would benefit the industry in the next few years. As an example, Ace Oil Tools introduced its new Ace Splice Clamp (ASC) to the completions market. The ASC allows multiple lines to be spliced with a single clamp and protects control lines during the completion process. Ace Splice Clamps attach to tubing or pup joints, providing the same reliability and functionality that is usually offered by submersibles. The increase in launches will help the industry to grow during the forecast period.
Renewable offshore wind energy is becoming increasingly affordable, environmental-friendly and cost-effective. It will help to reduce greenhouse gases. During the forecast period, renewable energy is expected to be more affordable than existing oil and gas sources. It will act as a restraint on the global pup joint market.
A boom in demand for pup joints to be used for untapped businesses is where key players are focusing their efforts. This is leading to advancements in the coming years and giving opportunities to key players. To increase revenue generation, major players are focusing on acquiring more companies so that they can use the distribution channels of the acquired companies. This is a significant opportunity for key players.
COVID-19 has greatly affected the world economy in a negative way, which is why the pup joint market suffered a decrease in revenue. The government of several countries implemented strict regulations on pup joints, which greatly negatively affected the market. Moreover, the lockdown situation is causing industries to focus on innovations, which could help gain the attention of the majority of players during the forecast period.
By Product Type,the Pup Joint Market is segmented into Crossover Pup Joint, Tubing Pup Joint, and Drill Pipe Pup Joint. The Tubing Pup Joint segment had the highest market share in 2021. Because these pup joints are also used to handle production tubing accessories, the tubing pup joint segment is expected to have a huge demand. A tubing pup joint is a short piece of tubing that is used for spacing.
By Technology, the Pup Joint Market is segmented into Hot Rolled and Cold Rolled. The Hot Rolled segment had the highest market share in 2021.The most common type of pup joint is the hot-rolled pup joint. Steel is heated to a high temperature and then rolled into a cylindrical shape. This type of pup joint has higher tensile strength, but it is also less corrosion resistant.
By End-User, the Pup Joint Market is segmented into Chemical Industry, Mining, Oil & Gas, Construction, and Others. The Oil & Gas segment had the highest market share in 2021, and it will boost the market growth during the forecast period.As various emerging economies rely on petroleum-based products, dependence on oil & gas has increased. Petroleum is used to make various chemical products, including fertilizers, pharmaceuticals, and solvents. Private and public companies are showing interest in exploring new oil reserves to meet future demand. Investment by major companies in oil exploration is expected to boost the market for pup joint ventures.
The North America region held the highest market share in 2021.The pup joint industry is the leading revenue generator for the North American market. The growing demand for energy from the oil & gas and chemical industries in this region is driving the growth of this market. As a result of technological advancements and an increase in foreign direct investment for various exploration projects, manufacturers are also entering new markets in developing countries like Mexico and Canada.
The South America region has witnessed a fast-growing market during the forecast period. A major factor that will boost this market"s growth is the increasing demand from various industries, such as oil & gas, chemical, mining, and construction. In addition, the growing infrastructure development in countries like Brazil and Mexico is driving this market"s growth.
The market is characterized by the existence of a number of well-known firms. These companies control a large portion of the market, have a wide Product Type portfolio, and have a global presence. In addition, the market comprises small to mid-sized competitors that sell a limited variety of items, some of which are self-publishing organizations.
The market"s major companies have a significant impact because most of them have extensive global networks through which they can reach their massive client bases. To drive revenue growth and strengthen their positions in the global market, key players in the market, particularly in North America and Europe, are focusing on strategic initiatives such as acquisitions, new collection launches, and partnerships.
The objective of the report is to present a comprehensive analysis of theGlobalPup Joint market to the stakeholders in the industry. The report provides trends that are most dominant in the GlobalPup Joint market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of theGlobalPup Joint Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.
The qualitative and quantitative data provided in theGlobalPup Joint market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in theGlobalPup Joint market. The report studies factors such as company size, market share, market growth, revenue, Product Type Typeion volume, and profits of the key players in theGlobalPup Joint market.
The report provides Porter"s Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their Product Type Type quality is in theGlobalPup Joint market. The report also analyses if theGlobalPup Joint market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, if the market is dominated by a few players, etc.
The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence theGlobalPup Joint market. Economic variables aid in the analysis of economic performance drivers that have an impact on theGlobalPup Joint market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the GlobalPup Joint market is aided by legal factors.
Pup Joint Market: OverviewPup joint is a pipe of non-standard length used to adjust the length of tubular strings to its exact requirement. They are used to adjust the length of drill string for drilling operations.
The pup joint market is expected to grow during the forecast period due to rising investment in numerous exploration activities and advancement in drilling technologies
Pup Joint Market: Regional OverviewMiddle East & Africa is likely to be the most attractive region in the pup joint market during the forecast period, due to rise in demand for oil & gas globally. Manufacturers are entering the Middle East & Africa region in order to gain significant market share.
North America and Europe are expected to be other major markets for pup joints. Technological advancements and increase in foreign direct investment for various exploration projects are anticipated to drive the pup joint market in these regions.
Increase in the population which has resulted in higher demand for oil and natural gas is expected to be a key factor fueling the growth of the pup joint market during the forecast period
Pup Joint: Market TrendsManufacturers offering an extensive range of products and with customization capabilities are increasingly seeming high demand in the market. Apart from providing the desired product, manufacturers are now providing secondary services such as OCTG maintenance and threading repair.
Increase in upstream activities has resulted in quality drilling equipment; also, demand for premium grade pup joint is expected to surge during the forecast period, as it is suitable for harsh environments
Pup Joint Market: Drivers, Opportunities, and RestraintsDependence on oil & gas has increased as various emerging economies rely on petroleum-based products. Petroleum is used as a base material for various chemical products including fertilizers, pharmaceuticals, and solvents.
Government and private companies are showing keen interest in exploring new oil reserves to meet future demands. Investment by major companies in oil exploration is likely to boost the pup joint market.
Generating electricity from renewable offshore wind is becoming cheaper and cost effective. During the forecast period, it is expected that renewable energy will be cheaper than new oil & gas sources. This will act as a restraint to the global pup joint market.
It has been observed that corrosive attack by reservoir contaminants has created a strong demand for higher grade and strength material for pup joints.
Based on region, the global pup joint market has been classified into: North America (U.S., Canada, and Rest of North America), Europe (U.K., Germany, France, and Rest of Europe), Asia Pacific (China, India, Japan, and Rest of Asia Pacific), Middle East & Africa (GCC, South Africa, and Rest of MEA), and South America (Brazil and Rest of South America)
Pup Joint Market: Competition LandscapeEstablished manufacturers operating in the global pup joint market are facing immense competition, owing to presence of many global and regional manufactures. Major players operating in the global pup joint market include Anvil International
The recent report on the pup joint market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape. This study on the global pup joint market analyzes the scenario for the period 2019 to 2027, wherein 2018 is the base year and 2017 and earlier is historical data. The report enables readers to make important decisions with regard to their business, with the help of a wealth of information enclosed in the study.
This study on the global pup joint market provides data on the developments of important players and stakeholders in the market, along with a competitive analysis. The report also provides an understanding of strengths, weaknesses, threats, and opportunities, along with trends and restraints in the landscape. Presented in a clear sanctioned manner, the report on the global pup joint market gives readers an individual understanding of the market.
The study also discusses underlying trends and impact of various factors that are driving the global pup joint market, along with their influence on the evolution of the market. The study also offers Porter"s Five Forces analysis, value chain analysis, technology analysis, price trend analysis, and SWOT analysis of the global pup joint market in order to elaborate crucial growth tactics and opportunities for market players contributing to the market.
Key Questions Answered in This Report on Pup Joint MarketHow much revenue will the global pup joint market generate by the end of the forecast period?
This report answers these questions and more about the global pup joint market, aiding major stakeholders and key players in making the right decisions and strategizing for the advancement of their business.
This report on the global pup joint market is based on a complete and comprehensive evaluation of the market, backed by secondary and primary sources. The competitive scenario of the global pup joint market is supported by an assessment of different factors that influence the market on a minute and granular level. By thoroughly analyzing the historical data and current trends, researchers of the pup joint market arrive at predictions and estimations, and calculate the forecast for the market.
This report uses an analytical triangulation method to estimate numbers and figures of the global pup joint market, with both a bottom-up and top-down approach.
The detailed assessment of the global pup joint market, along with an overview of the landscape, has been provided based on a careful examination of the avenues related to this market. Analysts" conclusions on how the global pup joint market is set to grow are based on carefully vetted primary and secondary sources.
The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count ( SDKI ) provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.
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One is a short Drill Pipe used to adjust the length of the Drill String; The other one OCTG Pup Joint is a pipe of non-standard length, which is used to adjust the length of tubular strings to its exact requirement.
Vigor can manufacture the Tubing Pup Joints by different technology - Upsetting and Machining process. if you have a special requirement on the Pup Joint production process, please just specify.
If you are looking for a competitive, high quality and fast delivery oilfield pup joint in stock, or if you are planning to buy pup joint API from one of the leading casing and tubing pup joint manufacturers, API 5CT pup joint in stock, l8013cr pup joint, nue/nue tubing pup joint manufacturers and suppliers China, please feel free to contact VIGOR.Details of API Spec. 5CT Oil Tubing Pup Joint
OCTG Pup Joints is one kind of common accessories for connection with casing and tubing. Threaded pup joints are divided into male threaded ends, single male threaded and Female threaded. The size and material is the same as the casing or tubing.
China N80 Pup Joint Manufacturer Derbo Supplies N80 Pup Joint, Hot Rolled, 1.66 Inch, EUE 2.40lb/ft, Oiled, Painting Finish, for Oil & Gas Industries.
Since 2005 Soright Tech has supplied petroleum machinery products to foreign oilfield market such as Sudan, Algeria, Uzbekistan, Azerbaijan, Oman, Indonesia, and etc.
pup joint description1. There are two types: tubing pup joint, and casing pup joint.2. Pup joints production in accordance with "API SPEC 5CT and 5B specification"3. Steel grades: J55,K55,N80,N80-1,N80-Q,L80,P1104. The tubing pup joint couplings have two types NU and EU.The casing pup joint couplings have 3 types: BC,LTC and STC5. By numerically controlled lathe and import molding cutter,the processing of thread can be finished in one time,which ensures its commonality and interchangeability.6. Any size,length,grade pup joint is available on customer request.Specification of tubing pup joint
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PME integral pup joints are forged bytreating iron, heat treatment and machines under strict quality control system.PME Industrial supply flowlines irons pup joint as Schlumberger, Chiksan, WECO,FMC for onshore and offshore usage.
Contact PME today for integral pup joint HSCode, pup joint specs in PDF, well thickness for integral pup joint 5" 10Kby Email contact@pmeindustrial.com or call directly +86 138 1899 0736
Since April 10, 2017, Canada has imposed definitive anti-dumping and countervailing duties on OCTG pup joints (referred to as “pup joints”) originating in or exported from China. Pup joints are defined as “oil country tubular goods pup joints, made of carbon or alloy steel, welded or seamless, heat-treated or not heat-treated, regardless of end finish, having an outside diameter from 2 3/8 inches to 4 1/2 inches (60.3 mm to 114.3 mm), in all grades, in lengths from 2 feet to 12 feet (61 cm to 366 cm)”. So, we are not talking about dog treats. We are talking about a steel product used in the oil and gas industry.
If the CITT decides that an expiry review is warranted, the Canada Border Services Agency (“CBSA”) will commence the expiry review proceedings likely sometime in August. In an expiry review, the CBSA takes 90 days to determine whether dumping and subsidization of pup joints will likely resume or continue should the duties be rescinded. The CBSA in most cases determines that dumping and subsidization of pup joints will likely resume or continue should the duties be rescinded. The CITT then conducts an inquiry into whether the resumption or continuation of dumping/subsidization is likely to cause injury to the domestic industry. Commencing on or about the 90th day to the CITT inquiry, the CITT usually holds a hearing. The CITT usually takes approximately 45 days to make its decision. It is based on this timeline that we believe the expiry review would commence sometime in August.
the domestic industry’s recent performance (data for the past three years and for the most recent interim period), including supporting data and statistics showing trends in production, sales, market share, domestic prices, costs and profits;