China Oil Casing Industry Production & Marketing Demand and Investment Forecast Report, 2013-2017

After more than 20 years of development, the production of China oil casing grows out from nothing. It grows ranging from low price to high price, and its products range from low steel grade product and API series product, finally to non-API product for special purpose. The quantity and quality of oil casing product have been caught up with the international level. At present, China oil well pipe has occupied 80% of the domestic market, and the oil well pipe product has become a kind of net export product for many consecutive years.

In 2011, China crude oil output reached 204 million tons, with a year-on-year increase of 0.32% over the year of 2010; the natural gas output reached 102.531 billion cubic meters, with a year-on-year increase of 6.9%, hitting a all-time high record. Nowadays, China is still in a fast development stage of urbanization and industrialization. It’s predicted the oil demand will be increase by about 4% annually. The continuing increase of oil demand promotes the growing demand for China oil drilling equipment.

In terms of China regional distribution, the demand for oil casing products is no longer concentrating in the eastern areas. In term of domestic oilfield development trend, the oilfield development shifts from some eastern areas, such as Daqing, Liaohe and Shengli at the beginning time to western areas, such as Sichuan and Xinjiang, and finally to today’s offshore oilfield. In addition, the offshore oilfield development trend will extend from land to coastal areas and from Empiric Sea to deep sea. With deeper and deeper drilling depth, the drilling work becomes more and more complex, which asks for higher and higher requirements.

With Forward’s long-term tracking and collecting market data of oil casing industry, we roundly and accurately analyze the industry structure system for you from the view of mastering the whole industry. This report mainly focuses on analyzing the production and development of oil casing industry; the research and development status of oil casing products; the oil casing manufacturing technologies and production procedure; the application technology of oil casing; the surface protection technology of oil casing; the leading corporations’ operational conditions in oil casing market; as well as the development trend and prospects forecast of oil casing industry. Meanwhile, with comprehensive and specific first-hand market data over the past 5 years Forward helps you to grasp the market and development trends of oil casing industry, so as to win advantages from competition!

The most distinctive characteristics of this report is forward-looking and timeliness. Through analyzing forward-looking characteristic of abundant first-hand market data, we deeply and objectively dissect China current oil casing industry’s overall market capacity, market size, competitive landscape and characteristics of market demand. Furthermore, based on future development tracks and years' practice experience of oil casing industry, we conduct prudent analysis and forecast for oil casing industry’s future development trend. This report helps oil casing manufacturing enterprises, R&D institutions, marketing enterprises and investment enterprises to precisely grasp current latest developments of the industry. Afterwards, they can make wise operating decisions and define enterprises' development directions.

Here, we would like to express our sincere gratitude to State Information Center, Bureau of Statistics of China, International Information Research Institute, Chinese Academy of International Trade and Economic Cooperation, Tsinghua University Library, Development Research Center of the State Council and Beijing Essence Forward Research Center, for their great support when we conduct this report!

Notice: All the market data, especially corporations' ranking data in the report, only for business reference. Please do not take the data for enterprise publicity. Thank you! Or Forward shall not take any responsibility for any consequences!

Qianzhan Business Information Co., Ltd. Industry Research Center

Research Team of Oil Casing Industry