Drill Pipe Market Expected to Reach USD2.2 Billion by 2031, growing at a CAGR of 5.4% The drill pipe market has experienced substantial growth over the past decade, fueled by increased government investments in the oil and gas industry. New projects in the oil and gas sector are driving demand for drill pipes, and key industry players are expanding through acquisitions to broaden their equipment offerings and solidify their positions in the global market. According to Allied Market Research's report, titled "Drill Pipe Market," the market was valued at $1.3 billion in 2021 and is expected to reach $2.2 billion by 2031, growing at a CAGR of 5.4% from 2022 to 2031. https://www.openpr.com/news/3731847/drill-pipe-market-expected-to-reach-usd2-2-billion-by-2031 Full Report: https://www.alliedmarketresearch.com/drill-pipe-market-A10171