Report Description

Global oilfield thread protectors market is projected to register CAGR growth in the forecast years, 2023-2027 on the account of growth factors like increasing concerns toward oil spills in the environment. Also, increase in the demand for the sophisticated drilling equipment is further driving the growth of the global oilfield thread protectors market in the upcoming five years.

Oilfield thread protectors capping like tools that are utilized for the protection of pipe threads of the oil rigs while transporting oil and gas. These tools are often made of heavy duty plastic, rubber, or metal depending on the area and type of pipelines, that require such protection at the joints. Oilfield thread protectors are counterparts of drill pipe, tubing, and casing that helps saving the oil from spilling while transportation of the same. During the process of loading and unloading of oil into the carrier vessels for further transportation, pipelines from the rigs to the vessel are established, and while the pipes are joined together, oil spills may occur if proper precaution is not taken.

Demand For Safe Oil Transport Drives Market Growth

Oil spills are a major concern be it on shore or during offshore oil excavation process. The drilling equipment are designed and planted in very specific manner. Equipment like hole openers, mud racks etc. increase the sizes of the il rigs and thus the chances of oil spills through various parts of the rig and the complete machinery increases. Spilled oil may cause accidental falling of the personnel working on the drill floors and if spilled in the ocean water, causes death of marine life at large.

2010 Deepwater Horizon well blowout was the most disastrous and most affecting oil spill ever recorded in the history. Although in recent years globally three minor oil spills were recorded in the year 2020 that lost less than 700 metric tonnes of oil, still the concerns toward the environment demands for better safety equipment that support safer excavation and transportation drives the global oilfield thread protectors market in the upcoming five years.

Increased Oil Production Drives Market Growth

As the demand for the oil and gas along with other petroleum products increase, so does the production of the oil from various reserves worldwide and demands the oil rig safety equipment like oilfield thread protectors increases and supports the growth of the global oilfield thread protectors market in the next five years. Total oil production on a global level in the year 2020, was recorded to be 4165.1 million tonnes, out of which the United States accounted for 712.7 million tonnes of oil in 2020.


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Market Segmentation

The global oilfield thread protectors market segmentation is based on material type, type, design, location, protection component, regional distribution, and competitive landscape. Based on material type, the market is bifurcated into rubber, plastic, and metal. Type segment of the market is differentiated between pin protectors and box protectors. Based on design, the market is divided between open end and closed end. Segmentation based on location, analyzes the market growth between on shore and offshore location. Based on protection component, the market segmentation is further defined into drill pipe, drill collar, tool joint, casing, tubing, and others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific region, North American region, European region, South American region, and Middle East & African region.

Company Profile

Hunting Energy Services, National Oilwell Varco, M&P Flange & Pipe Protection Inc., Norkram Limited, Tri-Star Protectors, Caplugs, Dongying Lake Petroleum Technology CO. Ltd., Venture Steels, Thread Protectors, LLC, Kannans Industrial Machinery Equipment LLC, are enlisted in a partial list of major market players of the global oilfield thread protectors market.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in units, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Material Type

·         Type

·         Design

·         Location

·         Protection Component

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea, Australia, Singapore, Malaysia, Germany, France, United Kingdom, Spain, Italy, Poland, Denmark, South Africa, UAE, Saudi Arabia, Iraq, Turkey, Brazil, Argentina, Colombia, Peru, Chile

Key companies profiled

Hunting Energy Services, National Oilwell Varco, M&P Flange & Pipe Protection Inc., Norkram Limited, Tri-Star Protectors, Caplugs, Dongying Lake Petroleum Technology CO. Ltd., Venture Steels, Thread Protectors, LLC, Kannans Industrial Machinery Equipment LLC

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global oilfield thread protectors market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Oilfield Thread Protectors Market, By Material Type:
    • Rubber
    • Plastic
    • Metal
  • Oilfield Thread Protectors Market, By Type:
    • Pin Protectors
    • Box Protectors
  • Oilfield Thread Protectors Market, By Design:
    • Open End
    • Closed End
  • Oilfield Thread Protectors Market, By Location:
    • Offshore
    • Onshore
  • Oilfield Thread Protectors Market, By Protection Component:
    • Drill Pipe
    • Drill Collar
    • Tool Joint
    • Casing
    • Tubing
    • Others
  • Oilfield Thread Protectors Market, By Region:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
      • Poland
      • Denmark
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Iraq
      • Turkey
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Peru
      • Chile

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global oilfield thread protectors market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Oilfield Thread Protectors Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected] 

Table of content

1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Oilfield Thread Protectors Market

4.    Executive Summary

5.    Voice of Customers

5.1.  Brand Awareness

5.2.  Factors Considered while Selecting a Supplier

5.3.  Customer Satisfaction Level

5.4.  Major Challenges Faced

6.    Overview on Oilfield Thread Protectors Rental Market

7.    Global Oilfield Thread Protectors Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Material Type (Rubber, Plastic, Metal)

7.2.2.     By Type (Pin Protectors, Box Protectors)

7.2.3.     By Design (Open End, Closed End)

7.2.4.     By Location (Onshore, Offshore)

7.2.5.     By Protection Component (Drill Pipe, Drill Collar, Tool joint, Casing, Tubing, Others)

7.2.6.     By Region

7.2.7.     By Company

7.3.  Product Market Map

8.    North America Oilfield Thread Protectors Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Material Type

8.2.2.     By Type

8.2.3.     By Design

8.2.4.     By Location

8.2.5.     By Protection Component

8.2.6.     By Country

8.3.  North America: Country Analysis

8.3.1.     United States Oilfield Thread Protectors Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value 

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Material Type

8.3.1.2.2.             By Type

8.3.1.2.3.             By Design

8.3.1.2.4.             By Location

8.3.1.2.5.             By Protection Component

8.3.2.     Canada Oilfield Thread Protectors Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value 

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Material Type

8.3.2.2.2.             By Type

8.3.2.2.3.             By Design

8.3.2.2.4.             By Location

8.3.2.2.5.             By Protection Component

8.3.3.     Mexico Oilfield Thread Protectors Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value 

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Material Type

8.3.3.2.2.             By Type

8.3.3.2.3.             By Design

8.3.3.2.4.             By Location

8.3.3.2.5.             By Protection Component

9.    Asia-Pacific Oilfield Thread Protectors Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Material Type

9.2.2.     By Type

9.2.3.     By Design

9.2.4.     By Location

9.2.5.     By Protection Component

9.2.6.     By Country

9.3.  Asia-Pacific: Country Analysis

9.3.1.     China Oilfield Thread Protectors Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value 

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Material Type

9.3.1.2.2.             By Type

9.3.1.2.3.             By Design

9.3.1.2.4.             By Location

9.3.1.2.5.             By Protection Component

9.3.2.     India Oilfield Thread Protectors Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value 

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Material Type

9.3.2.2.2.             By Type

9.3.2.2.3.             By Design

9.3.2.2.4.             By Location

9.3.2.2.5.             By Protection Component

9.3.3.     Japan Oilfield Thread Protectors Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value 

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Material Type

9.3.3.2.2.             By Type

9.3.3.2.3.             By Design

9.3.3.2.4.             By Location

9.3.3.2.5.             By Protection Component

9.3.4.     South Korea Oilfield Thread Protectors Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value 

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Material Type

9.3.4.2.2.             By Type

9.3.4.2.3.             By Design

9.3.4.2.4.             By Location

9.3.4.2.5.             By Protection Component

9.3.5.     Australia Oilfield Thread Protectors Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value 

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Material Type

9.3.5.2.2.             By Type

9.3.5.2.3.             By Design

9.3.5.2.4.             By Location

9.3.5.2.5.             By Protection Component

9.3.6.     Singapore Oilfield Thread Protectors Market Outlook

9.3.6.1.         Market Size & Forecast

9.3.6.1.1.             By Value 

9.3.6.2.         Market Share & Forecast

9.3.6.2.1.             By Material Type

9.3.6.2.2.             By Type

9.3.6.2.3.             By Design

9.3.6.2.4.             By Location

9.3.6.2.5.             By Protection Component

9.3.7.     Malaysia Oilfield Thread Protectors Market Outlook

9.3.7.1.         Market Size & Forecast

9.3.7.1.1.             By Value 

9.3.7.2.         Market Share & Forecast

9.3.7.2.1.             By Material Type

9.3.7.2.2.             By Type

9.3.7.2.3.             By Design

9.3.7.2.4.             By Location

9.3.7.2.5.             By Protection Component

10.  Europe Oilfield Thread Protectors Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Material Type

10.2.2.  By Type

10.2.3.  By Design

10.2.4.  By Location

10.2.5.  By Protection Component

10.2.6.  By Country

10.3.              Europe: Country Analysis

10.3.1.  Germany Oilfield Thread Protectors Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value 

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Material Type

10.3.1.2.2.           By Type

10.3.1.2.3.           By Design

10.3.1.2.4.           By Location

10.3.1.2.5.           By Protection Component

10.3.2.  United Kingdom Oilfield Thread Protectors Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value 

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Material Type

10.3.2.2.2.           By Type

10.3.2.2.3.           By Design

10.3.2.2.4.           By Location

10.3.2.2.5.           By Protection Component

10.3.3.  France Oilfield Thread Protectors Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value 

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Material Type

10.3.3.2.2.           By Type

10.3.3.2.3.           By Design

10.3.3.2.4.           By Location

10.3.3.2.5.           By Protection Component

10.3.4.  Italy Oilfield Thread Protectors Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value 

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By Material Type

10.3.4.2.2.           By Type

10.3.4.2.3.           By Design

10.3.4.2.4.           By Location

10.3.4.2.5.           By Protection Component

10.3.5.  Spain Oilfield Thread Protectors Market Outlook

10.3.5.1.      Market Size & Forecast

10.3.5.1.1.           By Value 

10.3.5.2.      Market Share & Forecast

10.3.5.2.1.           By Material Type

10.3.5.2.2.           By Type

10.3.5.2.3.           By Design

10.3.5.2.4.           By Location

10.3.5.2.5.           By Protection Component

10.3.6.  Poland Oilfield Thread Protectors Market Outlook

10.3.6.1.      Market Size & Forecast

10.3.6.1.1.           By Value 

10.3.6.2.      Market Share & Forecast

10.3.6.2.1.           By Material Type

10.3.6.2.2.           By Type

10.3.6.2.3.           By Design

10.3.6.2.4.           By Location

10.3.6.2.5.           By Protection Component

10.3.7.  Denmark Oilfield Thread Protectors Market Outlook

10.3.7.1.      Market Size & Forecast

10.3.7.1.1.           By Value 

10.3.7.2.      Market Share & Forecast

10.3.7.2.1.           By Material Type

10.3.7.2.2.           By Type

10.3.7.2.3.           By Design

10.3.7.2.4.           By Location

10.3.7.2.5.           By Protection Component

11.  South America Oilfield Thread Protectors Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Material Type

11.2.2.  By Type

11.2.3.  By Design

11.2.4.  By Location

11.2.5.  By Protection Component

11.2.6.  By Country

11.3.              South America: Country Analysis

11.3.1.  Brazil Oilfield Thread Protectors Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value 

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Material Type

11.3.1.2.2.           By Type

11.3.1.2.3.           By Design

11.3.1.2.4.           By Location

11.3.1.2.5.           By Protection Component

11.3.2.  Argentina Oilfield Thread Protectors Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value 

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Material Type

11.3.2.2.2.           By Type

11.3.2.2.3.           By Design

11.3.2.2.4.           By Location

11.3.2.2.5.           By Protection Component

11.3.3.  Colombia Oilfield Thread Protectors Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value 

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Material Type

11.3.3.2.2.           By Type

11.3.3.2.3.           By Design

11.3.3.2.4.           By Location

11.3.3.2.5.           By Protection Component

11.3.4.  Peru Oilfield Thread Protectors Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value 

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Material Type

11.3.4.2.2.           By Type

11.3.4.2.3.           By Design

11.3.4.2.4.           By Location

11.3.4.2.5.           By Protection Component

11.3.5.  Chile Oilfield Thread Protectors Market Outlook

11.3.5.1.      Market Size & Forecast

11.3.5.1.1.           By Value 

11.3.5.2.      Market Share & Forecast

11.3.5.2.1.           By Material Type

11.3.5.2.2.           By Type

11.3.5.2.3.           By Design

11.3.5.2.4.           By Location

11.3.5.2.5.           By Protection Component

12.  Middle East & Africa Oilfield Thread Protectors Market Outlook

12.1.              Market Size & Forecast

12.1.1.  By Value & Volume

12.2.              Market Share & Forecast

12.2.1.  By Material Type

12.2.2.  By Type

12.2.3.  By Design

12.2.4.  By Location

12.2.5.  By Protection Component

12.2.6.  By Country

12.3.              Middle East & Africa: Country Analysis

12.3.1.  Saudi Arabia Oilfield Thread Protectors Market Outlook

12.3.1.1.      Market Size & Forecast

12.3.1.1.1.           By Value 

12.3.1.2.      Market Share & Forecast

12.3.1.2.1.           By Material Type

12.3.1.2.2.           By Type

12.3.1.2.3.           By Design

12.3.1.2.4.           By Location

12.3.1.2.5.           By Protection Component

12.3.2.  South Africa Oilfield Thread Protectors Market Outlook

12.3.2.1.      Market Size & Forecast

12.3.2.1.1.           By Value 

12.3.2.2.      Market Share & Forecast

12.3.2.2.1.           By Material Type

12.3.2.2.2.           By Type

12.3.2.2.3.           By Design

12.3.2.2.4.           By Location

12.3.2.2.5.           By Protection Component

12.3.3.  UAE Oilfield Thread Protectors Market Outlook

12.3.3.1.      Market Size & Forecast

12.3.3.1.1.           By Value 

12.3.3.2.      Market Share & Forecast

12.3.3.2.1.           By Material Type

12.3.3.2.2.           By Type

12.3.3.2.3.           By Design

12.3.3.2.4.           By Location

12.3.3.2.5.           By Protection Component

12.3.4.  Iraq Oilfield Thread Protectors Market Outlook

12.3.4.1.      Market Size & Forecast

12.3.4.1.1.           By Value 

12.3.4.2.      Market Share & Forecast

12.3.4.2.1.           By Material Type

12.3.4.2.2.           By Type

12.3.4.2.3.           By Design

12.3.4.2.4.           By Location

12.3.4.2.5.           By Protection Component

12.3.5.  Turkey Oilfield Thread Protectors Market Outlook

12.3.5.1.      Market Size & Forecast

12.3.5.1.1.           By Value 

12.3.5.2.      Market Share & Forecast

12.3.5.2.1.           By Material Type

12.3.5.2.2.           By Type

12.3.5.2.3.           By Design

12.3.5.2.4.           By Location

12.3.5.2.5.           By Protection Component

13.  Market Dynamics

13.1.  Drivers

13.2.  Challenges

14.  Market Trends & Developments

15.  Company Profiles

15.1.  Hunting Energy Services

15.2.  National Oilwell Varco

15.3.  M&P Flange & Pipe Protection Inc.

15.4.  Norkram Limited

15.5.  Tri-Star Protectors

15.6.  Caplugs

15.7.  Dongying Lake Petroleum Technology CO., Ltd.

15.8.  Venture Steels

15.9.  Thread Protectors, LLC

15.10.            Kannans Industrial Machinery Equipment LLC

16.  Strategic Recommendations

About Us & Disclaimer

Figures and Tables

Frequently asked questions

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Demand for oil drilling safety equipment along with demand for avoiding situations of oil spills is actively driving the growth of the global oilfield thread protectors market in the upcoming five years.

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: The global oilfield thread protectors market is segmented into North America region, South America region, Asia Pacific region, European region, and Middle East & Africa region for the regional analysis of the market. North America region is anticipated to dominate the market analysis in the upcoming five years on the account of highest oil production in the major economies like the United States, Mexico, etc.

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Hunting Energy Services, National Oilwell Varco, M&P Flange & Pipe Protection Inc., Norkram Limited, Tri-Star Protectors, among others are some of the leading companies dedicated toward production of oilfield thread protectors and support the future growth of the global oilfield thread protectors market in the upcoming five years.

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The global oilfield thread protectors market analysis was analyzed for the five historical years from 2017 to 2020. Keeping the base year 2021 as the margin, the estimation for the year 2022 was made and further market growth is predicted for the forecast years, 2023 to 2027.