Middle East and Africa Drill Collar Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Middle-East and Africa Drill Collar Market Size & Share and It is Segmented by Type (Standard Steel Drill Collar and Non-Magnetic Drill Collar), Location of Deployment (Onshore and Offshore), and Geography (Saudi Arabia, United Arab Emirates, Iran, South Africa, Algeria, Libya, and Others). The Report Offers the Market Size and Forecasts in Revenue (USD) for all the Above Segments.

Middle East And Africa Drill Collar Market Size

Middle East And Africa Drill Collar Market Summary

Middle East And Africa Drill Collar Market Analysis

The Middle East And Africa Drill Collar Market size is estimated at USD 296.63 million in 2025, and is expected to reach USD 355.21 million by 2030, at a CAGR of 3.67% during the forecast period (2025-2030).

  • Over the medium term, rising investments in the upstream sector aimed at increasing production capacity to maximize profits during the current high-price environment are expected to drive the market during the forecast period.
  • On the other hand, the rising adoption of renewable energy across the globe and these regions is expected to curtail the demand for hydrocarbons in the region, restraining the market during the forecast period.
  • Nevertheless, the development of smaller complex offshore gas fields remains in the Mediterranean, and the Red Sea remains a significant growth opportunity for the market during the forecast period.
  • Saudi Arabia dominates the market and will likely register the highest CAGR during the forecast period. With the growing oil and gas production during the forecast period.

Middle East And Africa Drill Collar Industry Overview

The Middle-East and African drill collar market is semi-consolidated. Some of the major players, in no particular order, include Hunting PLC, National Oilwell Varco Inc. (NOV), Schlumberger Limited, China Vigor Drilling Oil Tools and Equipment Co. Ltd, and International Drilling Services Ltd (IDS).

Middle East And Africa Drill Collar Market Leaders

  1. Hunting PLC

  2. National Oilwell Varco Inc. (NOV)

  3. Schlumberger Limited

  4. China Vigor Drilling Oil Tools and Equipment Co. Ltd

  5. International Drilling Services Ltd (IDS)

  6. *Disclaimer: Major Players sorted in no particular order
Middle East And Africa Drill Collar Market Concentration
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Middle East And Africa Drill Collar Market News

  • June 2022: Vallourec SA won a 10-year contract for providing the supply of Premium Casing and inventory management services and will cover a part of Saudi Aramco's needs for Premium OCTG (Oil Country Tubular Goods) (including drill collars) solutions for its drilling operations. The contract has been signed on a call-off basis, placed every quarter during the term of the agreement. The first two on-call orders have already been received, with delivery scheduled for early 2023.

Middle East And Africa Drill Collar Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD, till 2028
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGEMENTATION

  • 5.1 Type
    • 5.1.1 Standard Steel Drill Collar
    • 5.1.2 Non-magnetic Drill Collar
  • 5.2 By Location of Deployment
    • 5.2.1 Onshore
    • 5.2.2 Offshore
  • 5.3 By Geography
    • 5.3.1 Saudi Arabia
    • 5.3.2 United Arab Emirates
    • 5.3.3 Iran
    • 5.3.4 South Africa
    • 5.3.5 Algeria
    • 5.3.6 Others

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Companies Profiles
    • 6.3.1 Hunting PLC
    • 6.3.2 National Oilwell Varco Inc. (NOV)
    • 6.3.3 Schlumberger Limited
    • 6.3.4 China Vigor Drilling Oil Tools and Equipment Co. Ltd
    • 6.3.5 International Drilling Services Ltd (IDS)
    • 6.3.6 Schoeller-Bleckmann Oilfield Equipment AG
    • 6.3.7 American Oilfield Tools Inc.
    • 6.3.8 Challenger International Inc.
    • 6.3.9 Zhong Yuan Special Steel Co. Ltd

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Middle East And Africa Drill Collar Industry Segmentation

A drill collar is a thick tubular piece at the bottom of a drill pipe, which concentrates the weight on the rotating drill bit. It is an important component of all drilling operations.

The Middle-East and African drill collar market is segmented by Type (Standard Steel Drill Collar and Non-magnetic Drill Collar), and Location of Deployment (Onshore and Offshore). The report also covers the size and forecasts for the Middle-East and African drill collar market across major countries. The report offers the market size and forecasts in revenue (USD) for all the above segments.

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Middle East And Africa Drill Collar Market Research Faqs

How big is the Middle East And Africa Drill Collar Market?

The Middle East And Africa Drill Collar Market size is expected to reach USD 296.63 million in 2025 and grow at a CAGR of 3.67% to reach USD 355.21 million by 2030.

What is the current Middle East And Africa Drill Collar Market size?

In 2025, the Middle East And Africa Drill Collar Market size is expected to reach USD 296.63 million.

Who are the key players in Middle East And Africa Drill Collar Market?

Hunting PLC, National Oilwell Varco Inc. (NOV), Schlumberger Limited, China Vigor Drilling Oil Tools and Equipment Co. Ltd and International Drilling Services Ltd (IDS) are the major companies operating in the Middle East And Africa Drill Collar Market.

What years does this Middle East And Africa Drill Collar Market cover, and what was the market size in 2024?

In 2024, the Middle East And Africa Drill Collar Market size was estimated at USD 285.74 million. The report covers the Middle East And Africa Drill Collar Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Middle East And Africa Drill Collar Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Middle East And Africa Drill Collar Industry Report

Statistics for the 2025 Middle East And Africa Drill Collar market share, size and revenue growth rate, created by Mordor Intelligenceā„¢ Industry Reports. Middle East And Africa Drill Collar analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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