The global Non-mag Drilling Tools market size is predicted to grow from US$ 161 million in 2025 to US$ 208 million in 2031; it is expected to grow at a CAGR of 4.4% from 2025 to 2031.

Non-mag drilling tools refer to the special drilling tools made of materials with low magnetic permeability, which are designed to avoid interference with magnetic measuring instruments in specific drilling operations. They are generally made of special alloy materials such as low-carbon high-chromium manganese alloy steel. Through strict chemical composition ratio, refining and forging processes, their low magnetic permeability is ensured.

United States market for Non-mag Drilling Tools is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Non-mag Drilling Tools is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Non-mag Drilling Tools is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Non-mag Drilling Tools players cover Schoeller-Bleckmann, NTS Amega Global, NOV, Sanjack, SOKOL, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Non-mag Drilling Tools Industry Forecast” looks at past sales and reviews total world Non-mag Drilling Tools sales in 2024, providing a comprehensive analysis by region and market sector of projected Non-mag Drilling Tools sales for 2025 through 2031. With Non-mag Drilling Tools sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Non-mag Drilling Tools industry.

This Insight Report provides a comprehensive analysis of the global Non-mag Drilling Tools landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Non-mag Drilling Tools portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Non-mag Drilling Tools market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Non-mag Drilling Tools and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Non-mag Drilling Tools.

This report presents a comprehensive overview, market shares, and growth opportunities of Non-mag Drilling Tools market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Non-Magnetic Drilling Collar
    Non-Magnetic Drilling Pipe

Segmentation by Application:

    Oil Drilling
    Underground Thermal Well
    Others

This report also splits the market by region:

    Americas

        United States
        Canada
        Mexico
        Brazil

    APAC

        China
        Japan
        Korea
        Southeast Asia
        India
        Australia

    Europe

        Germany
        France
        UK
        Italy
        Russia

    Middle East & Africa

        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

    Schoeller-Bleckmann
    NTS Amega Global
    NOV
    Sanjack
    SOKOL
    Drilling Tools International
    Hunting
    ACE OCTG Ltd
    Shanxi Fenglei Drilling Tools
    Shanxi Zhonghe Non Magnetic Drilling Tools
    Zhong Yuan Special Steel
    Henan Shenlong Petroleum Drilling Tools
    Jiangsu Dawn Huayang Drilling Tools
    Jiyuan East Heavy Industry

Key Questions Addressed in this Report

What is the 10-year outlook for the global Non-mag Drilling Tools market?
What factors are driving Non-mag Drilling Tools market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Non-mag Drilling Tools market opportunities vary by end market size?
How does Non-mag Drilling Tools break out by Type, by Application?