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Global Non-mag Drilling Tools Market Growth 2025-2031
Sep 2025
Machinery & Equipment
Pages: 115
LPI2951
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?
Non-mag Drilling Tools Market Scope
| Report Attribute | Details |
|---|---|
| Market Size (Start Year) | USD XX Million |
| Market Size (End Year) | USD XX Million |
| Compound Annual Growth Rate (CAGR) | USD XX Million |
| Forecast Period | USD XX Million |
| Base Year | USD XX Million |
| Historical Data | USD XX Million |
| Key Players | USD XX Million |
📘 Frequently Asked Questions
1. What is the market size of Global Non-mag Drilling Tools Market?
Answer: 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
2. Which regions are analyzed in the Global Non-mag Drilling Tools Market report?
Answer: The Global Non-mag Drilling Tools Market report covers major regions such as Europe. Each region is analyzed for trends, opportunities, and market dynamics.
3. What methodology is used for forecasting of Global Non-mag Drilling Tools Market?
Answer: The Global Non-mag Drilling Tools Market report uses a mix of primary research, secondary data, and expert analysis to build its forecasts. Models include both qualitative and quantitative approaches.
4. Are emerging markets analyzed separately in the Global Non-mag Drilling Tools Market?
Answer: Yes, the Global Non-mag Drilling Tools Market report highlights high-growth emerging regions with dedicated insights. These include untapped opportunities, risks, and potential for expansion.
5. Does the report include competitive benchmarking of Global Non-mag Drilling Tools Market?
Answer: Yes, Global Non-mag Drilling Tools Market report compares major players based on revenue, product portfolio, innovation, and regional presence. This helps assess competitive positioning.
6. Can I access country-level data within the Global Non-mag Drilling Tools Market report?
Answer: Yes, Global Non-mag Drilling Tools Market report includes detailed data by country, especially for key markets. This allows for localized insights and decision-making.
7. Can I get customized insights or data from the Global Non-mag Drilling Tools Market report?
Answer: Yes, we offer customization options to align with your specific business needs. You can request tailored sections or regional breakdowns.
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