Mexico Drill Pipe Market Size & Outlook, 2022-2030

The drill pipe market in Mexico is expected to reach a projected revenue of US$ 95.6 million by 2030. A compound annual growth rate of 2.5% is expected of Mexico drill pipe market from 2023 to 2030.
Revenue, 2022 (US$M)
$78.2
Forecast, 2030 (US$M)
$95.6
CAGR, 2023 - 2030
2.5%
Report Coverage
Mexico

Mexico drill pipe market highlights

  • The Mexico drill pipe market generated a revenue of USD 78.2 million in 2022 and is expected to reach USD 95.6 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 2.5% from 2023 to 2030.
  • In terms of segment, api grade was the largest revenue generating grade in 2022.
  • Premium Grade is the most lucrative grade segment registering the fastest growth during the forecast period.

Drill pipe market data book summary

Market revenue in 2022USD 78.2 million
Market revenue in 2030USD 95.6 million
Growth rate2.5% (CAGR from 2022 to 2030)
Largest segmentApi grade
Fastest growing segmentPremium Grade
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAPI Grade, Premium Grade
Key market players worldwideHilong Holding Ltd, NOV Inc, Tenaris SA, Vallourec SA, TMK Energy Ltd, Superior Drilling Products Inc

Other key industry trends

  • In terms of revenue, Mexico accounted for 3.2% of the global drill pipe market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. drill pipe market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 95.6 million by 2030.

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Drill Pipe Market Companies

Name Profile # Employees HQ Website

Mexico drill pipe market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to drill pipe market will help companies and investors design strategic landscapes.


Api grade was the largest segment with a revenue share of 65.22% in 2022. Horizon Databook has segmented the Mexico drill pipe market based on api grade, premium grade covering the revenue growth of each sub-segment from 2018 to 2030.


  • Mexico Drill Pipe Grade Outlook (Revenue, USD Million, 2018-2030)
    • API Grade
    • Premium Grade
  • Mexico Drill Pipe Application Outlook (Revenue, USD Million, 2018-2030)
    • Onshore
    • Offshore

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Target buyers of Mexico drill pipe market databook

  • Our clientele includes a mix of drill pipe market companies, investment firms, advisory firms & academic institutions.
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  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico drill pipe market , including forecasts for subscribers. This country databook contains high-level insights into Mexico drill pipe market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico drill pipe market size, by grade, 2018-2030 (US$M)

Mexico Drill Pipe Market Outlook Share, 2022 & 2030 (US$M)

Mexico drill pipe market size, by grade, 2018-2030 (US$M)

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