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Industry Research
API Oil Casing Industry Research Report 2026
Market perspective
The global API Oil Casing market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for API Oil Casing is forecast to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026–2032.
The Europe market for API Oil Casing is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032.
Read the full market overview
The Asia Pacific market for API Oil Casing is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.
Leading global manufacturers of API Oil Casing include , among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global API Oil Casing market in revenue (US$ million) and, where applicable, sales volume (Tons), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/Tons) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to API Oil Casing.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
API Oil Casing Market by Company
Tenaris
Vallourec
TMK Group
Nippon Steel
National Oilwell Varco
Tubos Reunidos
Shandong Molong Petroleum Machinery Company Limited
Jiangsu Changbao Steeltube Co., Ltd.
JFE Steel
Baoji Steel Tube Karamay Co., Ltd.
Sandvik Group
Tubacex Group
SeAH Steel
ChelPipe Group
Shengli Oil Field Highland Petroleum Equipment Co., Ltd.
Hebei Shengtian Group Seamless Steel Pipe Co., Ltd.
API Oil Casing Segment by Type
R-1
R-2
R-3
API Oil Casing Segment by Application
Oil Exploration Well
Natural Gas Exploration Well
Water Source Well
Geothermal Well
Others
API Oil Casing Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global API Oil Casing market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of API Oil Casing and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of API Oil Casing.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of API Oil Casing manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of API Oil Casing by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of API Oil Casing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- R-1
- R-2
- R-3
Applications
- Oil Exploration Well
- Natural Gas Exploration Well
- Water Source Well
- Geothermal Well
- Others
Companies covered
- Tenaris
- Vallourec
- TMK Group
- Nippon Steel
- National Oilwell Varco
- Tubos Reunidos
- Shandong Molong Petroleum Machinery Company Limited
- Jiangsu Changbao Steeltube Co., Ltd.
- JFE Steel
- Baoji Steel Tube Karamay Co., Ltd.
- Sandvik Group
- Tubacex Group
- SeAH Steel
- ChelPipe Group
- Shengli Oil Field Highland Petroleum Equipment Co., Ltd.
- Hebei Shengtian Group Seamless Steel Pipe Co., Ltd.
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 API Oil Casing by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 R-1
- 2.2.3 R-2
- 2.2.4 R-3
- 2.3 API Oil Casing by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Oil Exploration Well
- 2.3.3 Natural Gas Exploration Well
- 2.3.4 Water Source Well
- 2.3.5 Geothermal Well
- 2.3.6 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global API Oil Casing Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global API Oil Casing Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global API Oil Casing Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global API Oil Casing Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global API Oil Casing Production by Manufacturers (2021-2026)
- 3.2 Global API Oil Casing Production Value by Manufacturers (2021-2026)
- 3.3 Global API Oil Casing Average Price by Manufacturers (2021-2026)
- 3.4 Global API Oil Casing Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global API Oil Casing Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global API Oil Casing Manufacturers, Product Type & Application
- 3.7 Global API Oil Casing Manufacturers Established Date
- 3.8 Global API Oil Casing Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Tenaris
- 4.1.1 Tenaris API Oil Casing Company Information
- 4.1.2 Tenaris API Oil Casing Business Overview
- 4.1.3 Tenaris API Oil Casing Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Tenaris Product Portfolio
- 4.1.5 Tenaris Recent Developments
- 4.2 Vallourec
- 4.2.1 Vallourec API Oil Casing Company Information
- 4.2.2 Vallourec API Oil Casing Business Overview
- 4.2.3 Vallourec API Oil Casing Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 Vallourec Product Portfolio
- 4.2.5 Vallourec Recent Developments
- 4.3 TMK Group
- 4.3.1 TMK Group API Oil Casing Company Information
- 4.3.2 TMK Group API Oil Casing Business Overview
- 4.3.3 TMK Group API Oil Casing Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 TMK Group Product Portfolio
- 4.3.5 TMK Group Recent Developments
- 4.4 Nippon Steel
- 4.4.1 Nippon Steel API Oil Casing Company Information
- 4.4.2 Nippon Steel API Oil Casing Business Overview
- 4.4.3 Nippon Steel API Oil Casing Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 Nippon Steel Product Portfolio
- 4.4.5 Nippon Steel Recent Developments
- 4.5 National Oilwell Varco
- 4.5.1 National Oilwell Varco API Oil Casing Company Information
- 4.5.2 National Oilwell Varco API Oil Casing Business Overview
- 4.5.3 National Oilwell Varco API Oil Casing Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 National Oilwell Varco Product Portfolio
- 4.5.5 National Oilwell Varco Recent Developments
- 4.6 Tubos Reunidos
- 4.6.1 Tubos Reunidos API Oil Casing Company Information
- 4.6.2 Tubos Reunidos API Oil Casing Business Overview
- 4.6.3 Tubos Reunidos API Oil Casing Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 Tubos Reunidos Product Portfolio
- 4.6.5 Tubos Reunidos Recent Developments
- 4.7 Shandong Molong Petroleum Machinery Company Limited
- 4.7.1 Shandong Molong Petroleum Machinery Company Limited API Oil Casing Company Information
- 4.7.2 Shandong Molong Petroleum Machinery Company Limited API Oil Casing Business Overview
- 4.7.3 Shandong Molong Petroleum Machinery Company Limited API Oil Casing Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 Shandong Molong Petroleum Machinery Company Limited Product Portfolio
- 4.7.5 Shandong Molong Petroleum Machinery Company Limited Recent Developments
- 4.8 Jiangsu Changbao Steeltube Co., Ltd.
- 4.8.1 Jiangsu Changbao Steeltube Co., Ltd. API Oil Casing Company Information
- 4.8.2 Jiangsu Changbao Steeltube Co., Ltd. API Oil Casing Business Overview
- 4.8.3 Jiangsu Changbao Steeltube Co., Ltd. API Oil Casing Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 Jiangsu Changbao Steeltube Co., Ltd. Product Portfolio
- 4.8.5 Jiangsu Changbao Steeltube Co., Ltd. Recent Developments
- 4.9 JFE Steel
- 4.9.1 JFE Steel API Oil Casing Company Information
- 4.9.2 JFE Steel API Oil Casing Business Overview
- 4.9.3 JFE Steel API Oil Casing Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 JFE Steel Product Portfolio
- 4.9.5 JFE Steel Recent Developments
- 4.10 Baoji Steel Tube Karamay Co., Ltd.
- 4.10.1 Baoji Steel Tube Karamay Co., Ltd. API Oil Casing Company Information
- 4.10.2 Baoji Steel Tube Karamay Co., Ltd. API Oil Casing Business Overview
- 4.10.3 Baoji Steel Tube Karamay Co., Ltd. API Oil Casing Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 Baoji Steel Tube Karamay Co., Ltd. Product Portfolio
- 4.10.5 Baoji Steel Tube Karamay Co., Ltd. Recent Developments
- 4.11 Sandvik Group
- 4.11.1 Sandvik Group API Oil Casing Company Information
- 4.11.2 Sandvik Group API Oil Casing Business Overview
- 4.11.3 Sandvik Group API Oil Casing Production Capacity, Value and Gross Margin (2021-2026)
- 4.11.4 Sandvik Group Product Portfolio
- 4.11.5 Sandvik Group Recent Developments
- 4.12 Tubacex Group
- 4.12.1 Tubacex Group API Oil Casing Company Information
- 4.12.2 Tubacex Group API Oil Casing Business Overview
- 4.12.3 Tubacex Group API Oil Casing Production Capacity, Value and Gross Margin (2021-2026)
- 4.12.4 Tubacex Group Product Portfolio
- 4.12.5 Tubacex Group Recent Developments
- 4.13 SeAH Steel
- 4.13.1 SeAH Steel API Oil Casing Company Information
- 4.13.2 SeAH Steel API Oil Casing Business Overview
- 4.13.3 SeAH Steel API Oil Casing Production Capacity, Value and Gross Margin (2021-2026)
- 4.13.4 SeAH Steel Product Portfolio
- 4.13.5 SeAH Steel Recent Developments
- 4.14 ChelPipe Group
- 4.14.1 ChelPipe Group API Oil Casing Company Information
- 4.14.2 ChelPipe Group API Oil Casing Business Overview
- 4.14.3 ChelPipe Group API Oil Casing Production Capacity, Value and Gross Margin (2021-2026)
- 4.14.4 ChelPipe Group Product Portfolio
- 4.14.5 ChelPipe Group Recent Developments
- 4.15 Shengli Oil Field Highland Petroleum Equipment Co., Ltd.
- 4.15.1 Shengli Oil Field Highland Petroleum Equipment Co., Ltd. API Oil Casing Company Information
- 4.15.2 Shengli Oil Field Highland Petroleum Equipment Co., Ltd. API Oil Casing Business Overview
- 4.15.3 Shengli Oil Field Highland Petroleum Equipment Co., Ltd. API Oil Casing Production Capacity, Value and Gross Margin (2021-2026)
- 4.15.4 Shengli Oil Field Highland Petroleum Equipment Co., Ltd. Product Portfolio
- 4.15.5 Shengli Oil Field Highland Petroleum Equipment Co., Ltd. Recent Developments
- 4.16 Hebei Shengtian Group Seamless Steel Pipe Co., Ltd.
- 4.16.1 Hebei Shengtian Group Seamless Steel Pipe Co., Ltd. API Oil Casing Company Information
- 4.16.2 Hebei Shengtian Group Seamless Steel Pipe Co., Ltd. API Oil Casing Business Overview
- 4.16.3 Hebei Shengtian Group Seamless Steel Pipe Co., Ltd. API Oil Casing Production Capacity, Value and Gross Margin (2021-2026)
- 4.16.4 Hebei Shengtian Group Seamless Steel Pipe Co., Ltd. Product Portfolio
- 4.16.5 Hebei Shengtian Group Seamless Steel Pipe Co., Ltd. Recent Developments
5 Global API Oil Casing Production by Region
- 5.1 Global API Oil Casing Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global API Oil Casing Production by Region: 2021-2032
- 5.2.1 Global API Oil Casing Production by Region: 2021-2026
- 5.2.2 Global API Oil Casing Production Forecast by Region (2027-2032)
- 5.3 Global API Oil Casing Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global API Oil Casing Production Value by Region: 2021-2032
- 5.4.1 Global API Oil Casing Production Value by Region: 2021-2026
- 5.4.2 Global API Oil Casing Production Value Forecast by Region (2027-2032)
- 5.5 Global API Oil Casing Market Price Analysis by Region (2021-2026)
- 5.6 Global API Oil Casing Production and Value, YOY Growth
- 5.6.1 North America API Oil Casing Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe API Oil Casing Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China API Oil Casing Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan API Oil Casing Production Value Estimates and Forecasts (2021-2032)
6 Global API Oil Casing Consumption by Region
- 6.1 Global API Oil Casing Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global API Oil Casing Consumption by Region (2021-2032)
- 6.2.1 Global API Oil Casing Consumption by Region: 2021-2026
- 6.2.2 Global API Oil Casing Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America API Oil Casing Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America API Oil Casing Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe API Oil Casing Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe API Oil Casing Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific API Oil Casing Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific API Oil Casing Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa API Oil Casing Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa API Oil Casing Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global API Oil Casing Production by Type (2021-2032)
- 7.1.1 Global API Oil Casing Production by Type (2021-2032) & (Tons)
- 7.1.2 Global API Oil Casing Production Market Share by Type (2021-2032)
- 7.2 Global API Oil Casing Production Value by Type (2021-2032)
- 7.2.1 Global API Oil Casing Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global API Oil Casing Production Value Market Share by Type (2021-2032)
- 7.3 Global API Oil Casing Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global API Oil Casing Production by Application (2021-2032)
- 8.1.1 Global API Oil Casing Production by Application (2021-2032) & (Tons)
- 8.1.2 Global API Oil Casing Production Market Share by Application (2021-2032)
- 8.2 Global API Oil Casing Production Value by Application (2021-2032)
- 8.2.1 Global API Oil Casing Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global API Oil Casing Production Value Market Share by Application (2021-2032)
- 8.3 Global API Oil Casing Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 API Oil Casing Value Chain Analysis
- 9.1.1 API Oil Casing Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 API Oil Casing Production Mode & Process
- 9.2 API Oil Casing Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 API Oil Casing Distributors
- 9.2.3 API Oil Casing Customers
10 Global API Oil Casing Analyzing Market Dynamics
- 10.1 API Oil Casing Industry Trends
- 10.2 API Oil Casing Industry Drivers
- 10.3 API Oil Casing Industry Opportunities and Challenges
- 10.4 API Oil Casing Industry Restraints
11 Report Conclusion
12 Disclaimer
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