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Tubing Spools Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global tubing spools market reached a value of US$ XX Million in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

A tubing spool is a tool made using different metals, including carbon steel, stainless steel, and high manganese steel, for carrying out operations safely and smoothly. It comprises a test port, upper bowl, load shoulder, secondary seal area, lockdown screw, outlet, lower and upper flanges, and ring gasket groove. It accommodates a wide range of tubing-string sizes for single- and multiple-string completion programs at minimum expenditure. Besides this, as it supports the tubing string on an oil well to connect with a tubing adapter on the top and helps seal the annular space between the casing and tubing, its sales are increasing around the world.

Tubing Spools Market Trends:

There is currently a surge in the demand for energy worldwide on account of rapid urbanization, rising global population and the growing dependence on electronics. As a result, governing agencies of numerous countries are increasingly investing in drilling and exploration activities. This represents one of the key factors contributing to the growth of the tubing spools market. Besides this, the rising redevelopment of mature oil wells is also driving the overall sales. Moreover, leading players are introducing durable and efficient tubing spools to expand their market share. For instance, Integrated Equipment, Inc. launched an extensive range of these spools with a straight bowl profile. Similarly, development of cloud-based visualization systems for oil and gas operators has increased the demand for tubing spools. Apart from this, market players are engaging in mergers and acquisition (M&A) activities to retain a competitive edge in the market. Furthermore, the growing utilization of pipe and fittings in the chemical sector is expected to create a lucrative market outlook.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global tubing spools market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on type, application and end user.

Breakup by Type:

  • Single Tubing
  • Dual Tubing
     

Breakup by Application:

  • Onshore
  • Offshore
     

Breakup by End User:

  • Well Testing
  • Well Completion
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Delta US Corporation LLC, Ethos Energy Group Limited (John Wood Group plc), Integrated Equipment, Inc, Jiangsu Sanyi Petroleum Equipment Co. Ltd., JMP Petroleum Technologies Inc., MSP Drilex Inc., Sunnda Corporation, TSC Group Holdings Limited, Uztel S.A., Weir Group plc and Yantai Jereh Oilfield Services Group Co. Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Million
Segment Coverage Type, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Delta US Corporation LLC, Ethos Energy Group Limited (John Wood Group plc), Integrated Equipment, Inc, Jiangsu Sanyi Petroleum Equipment Co. Ltd., JMP Petroleum Technologies Inc., MSP Drilex Inc., Sunnda Corporation, TSC Group Holdings Limited, Uztel S.A., Weir Group plc and Yantai Jereh Oilfield Services Group Co. Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global tubing spools market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global tubing spools market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global tubing spools market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Tubing Spools Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Single Tubing
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Dual Tubing
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Application
    7.1    Onshore
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Offshore
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by End User
    8.1    Well Testing
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Well Completion
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Delta US Corporation LLC
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Ethos Energy Group Limited (John Wood Group plc)
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Integrated Equipment, Inc
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Jiangsu Sanyi Petroleum Equipment Co. Ltd.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    JMP Petroleum Technologies Inc.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    MSP Drilex Inc.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Sunnda Corporation
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    TSC Group Holdings Limited
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Uztel S.A.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
        14.3.10    Weir Group plc
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
        14.3.11    Yantai Jereh Oilfield Services Group Co. Ltd.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials

List of Figures

Figure 1: Global: Tubing Spools Market: Major Drivers and Challenges
Figure 2: Global: Tubing Spools Market: Sales Value (in Million US$), 2015-2020
Figure 3: Global: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Global: Tubing Spools Market: Breakup by Type (in %), 2020
Figure 5: Global: Tubing Spools Market: Breakup by Application (in %), 2020
Figure 6: Global: Tubing Spools Market: Breakup by End User (in %), 2020
Figure 7: Global: Tubing Spools Market: Breakup by Region (in %), 2020
Figure 8: Global: Tubing Spools (Single Tubing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Tubing Spools (Single Tubing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Tubing Spools (Dual Tubing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Tubing Spools (Dual Tubing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Tubing Spools (Onshore) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Tubing Spools (Onshore) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Tubing Spools (Offshore) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Tubing Spools (Offshore) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Tubing Spools (Well Testing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Tubing Spools (Well Testing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Tubing Spools (Well Completion) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Tubing Spools (Well Completion) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: North America: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: North America: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: United States: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: United States: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Canada: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Canada: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Asia-Pacific: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Asia-Pacific: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: China: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: China: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Japan: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Japan: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: India: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: India: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: South Korea: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: South Korea: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Australia: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Australia: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Indonesia: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Indonesia: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Others: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Others: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Europe: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Europe: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Germany: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Germany: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: France: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: France: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: United Kingdom: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: United Kingdom: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Italy: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Italy: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Spain: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Spain: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Russia: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Russia: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Others: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Others: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Latin America: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Latin America: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Brazil: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Brazil: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Mexico: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Mexico: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Others: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Others: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Middle East and Africa: Tubing Spools Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Middle East and Africa: Tubing Spools Market: Breakup by Country (in %), 2020
Figure 68: Middle East and Africa: Tubing Spools Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Global: Tubing Spools Industry: SWOT Analysis
Figure 70: Global: Tubing Spools Industry: Value Chain Analysis
Figure 71: Global: Tubing Spools Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Tubing Spools Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Tubing Spools Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Global: Tubing Spools Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Tubing Spools Market Forecast: Breakup by End User (in Million US$), 2021-2026
Table 5: Global: Tubing Spools Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Tubing Spools Market: Competitive Structure
Table 7: Global: Tubing Spools Market: Key Players

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