UK Drill Pipe Market Size & Outlook, 2022-2030

The drill pipe market in UK is expected to reach a projected revenue of US$ 34.3 million by 2030. A compound annual growth rate of 0.8% is expected of UK drill pipe market from 2023 to 2030.
Revenue, 2022 (US$M)
$32.1
Forecast, 2030 (US$M)
$34.3
CAGR, 2023 - 2030
0.8%
Report Coverage
UK

UK drill pipe market highlights

  • The UK drill pipe market generated a revenue of USD 32.1 million in 2022 and is expected to reach USD 34.3 million by 2030.
  • The UK market is expected to grow at a CAGR of 0.8% 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 32.1 million
Market revenue in 2030USD 34.3 million
Growth rate0.8% (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, UK accounted for 1.3% 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 Europe, Russia drill pipe market is projected to lead the regional market in terms of revenue in 2030.
  • Norway is the fastest growing regional market in Europe and is projected to reach USD 72.0 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Drill Pipe Market Companies

Name Profile # Employees HQ Website

UK 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 66.04% in 2022. Horizon Databook has segmented the UK drill pipe market based on api grade, premium grade covering the revenue growth of each sub-segment from 2018 to 2030.


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

Reasons to subscribe to UK drill pipe market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of UK drill pipe market databook

  • Our clientele includes a mix of drill pipe market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the UK drill pipe market , including forecasts for subscribers. This country databook contains high-level insights into UK drill pipe market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

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

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

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

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more