Casing Pipe: Specially Designed for the OCTG Applications
Oil Country Tubular Goods (OCTG) are the seamless rolled structured products specially built for the specific pipe-lining applications. Their dimensions are dependent on the type of application for which they are being utilized. They have to be quite withstanding as they are placed underground.
Global Market Prospects for Oil Country Tubular Goods Industry
The United States along with Europe and the Middle East have the largest market share for OCTG casing and they continue to dominate the industry with cost-effective solutions. The ever-increasing requirement for energy resources has led to a high demand for reliable, high-quality and affordable oil country tubular goods. The OCTG market is currently facing a fierce competition for producing premium quality connections and high-strength line pipes at competitive prices.