Oil Countr

The global oil country tubular goods (OCTG) market is set for robust growth through 2030, fueled by rising energy demand, technological innovation, and sustained investments in oil and gas exploration and production. As of 2025, the market is projected to be worth around $26–38 billion and is expected to expand at a compound annual growth rate (CAGR) of approximately 5–7% over the next decade. North America remains the dominant region, thanks to significant drilling activity, but the Middle East, Africa, and parts of Asia are emerging as new growth centers.